$285,000
SOLD AUG 8, 2025

1230 University Ct Unit 102 Raleigh, NC 27606

4 Beds
4 Baths
1,215 Sq Ft
$203/mo HOA Fee

Recently Sold

$235 Per Sq Ft

5% Below List Price

33 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Forced Air Heating and Cooling System
  • A. B. Combs Magnet Elementary School Rated A
  • Tennis Courts
  • 3-minute walk to Walnut Creek Wetland Park Trailhead

About This Home

As of August 2025

Immediate cash flow opportunity awaits at this unbeatable 4 BEDROOM 4 BATHROOM condo just minutes to all that Raleigh has to offer! Investors are welcome as this property has previously been used as a rental with 4 tenants. Currently occupied by 3 tenants with an August 1, 2025 move out date. Property allowed for 30 day minimum rentals. Very close to NC state, walking trails, highways, RDU, downtown Raleigh, and so much more. HOA includes pool, basketball court ,and volleyball court.

Last Agent to Sell the Property

Courtney Elstad

Coast 2 Coast Real Estate Conn License #318099 Listed on: 05/24/2025

Last Buyer's Agent

Nazy Vazin Motlagh

NorthGroup Real Estate, Inc. License #297175

NorthGroup Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1997

HOA Fees

  • $203 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Raised Foundation
  • Vinyl Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Additional Parking
  • 4 Open Parking Spaces
  • Parking Lot

Schools

  • Combs Elementary School
  • Centennial Campus Middle School
  • Athens Dr High School

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 0783820969

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, pest control, road maintenance, storm water maintenance
  • 4 Units
  • University Comm Lake Park Association, Phone Number (919) 782-1717
  • University Commons Lake Pk Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,327

Year Built

Built in 1997

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential Income
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Storm Water Maintenance
  • Subdivision Name: University Commons Lake Pk
  • Above Grade Finished Sq Ft: 1215.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • General Property Information Association Phone: (919) 782-1717
  • Pool Features In Ground: Yes
  • General Property Information Monthly Association Fees2: 184.0
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 1215.0
  • Foundation Details Raised: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Roof: Other
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Parking Lot
  • Parking Features:Parking Lot: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 203.0
  • Association Fee Frequency: Monthly
  • Association Name: University Comm Lake Park
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: University Comm Lake Park
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Fee Includes:Pest Control: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 203.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Parcel #: 0783820969

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 2327.43
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Combs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2014
Sold by
Davis Larrry Keith and Davis Susan Nicholas
Bought by
Pearl Diver Llc

Purchase Details

Closed on
Feb 24, 1998
Sold by
Lake Park Condominium Llc
Bought by
Henson Stanley W and Henson Kathryn N
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $102,500 None Available
Condominium Deed $111,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $285,000 -1.7% $235 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/21/2025 06/21/25 Price Changed $290,000 -3.2% $239 / Sq Ft
05/24/2025 05/24/25 For Sale $299,500 +5.1% $247 / Sq Ft
12/15/2023 12/15/23 Off Market $285,000 -- --
06/17/2022 06/17/22 Sold $285,000 +5.6% $234 / Sq Ft View Prior Sale
05/03/2022 05/03/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $270,000 -- $221 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $265,680 -- $265,680
2024 $2,327 $265,680 $0 $265,680
2023 $1,866 $169,391 $0 $169,391
2022 $1,735 $169,391 $0 $169,391
2021 $1,668 $169,391 $0 $169,391
2020 $1,638 $169,391 $0 $169,391
2019 $1,260 $106,959 $0 $106,959
2018 $1,189 $106,959 $0 $106,959
2017 $0 $106,959 $0 $106,959
2016 -- $106,959 $0 $106,959
2015 $1,036 $98,111 $0 $98,111
2014 $983 $98,111 $0 $98,111
Source: Public Records

Agents Affiliated with this Home

  • Courtney Elstad

    Seller's Agent in 2025

    Courtney Elstad

    Coast 2 Coast Real Estate Conn

    (760) 696-5575

    57 Total Sales

    Courtney Elstad
    Section Image
  • Nazy Vazin Motlagh

    Buyer's Agent in 2025

    Nazy Vazin Motlagh

    NorthGroup Real Estate, Inc.

    (919) 368-3149

    17 Total Sales

    Nazy Vazin Motlagh
    Section Image

  • V

    Seller's Agent in 2022

    Veerendar Bokka

    Bettersightrealty LLC

    (203) 550-6703

    189 Total Sales

    Veerendar Bokka
    Section Image
  • Katti Battaglia

    Buyer's Agent in 2022

    Katti Battaglia

    Long & Foster Real Estate INC/Triangle East

    (203) 232-7845

    25 Total Sales

    Katti Battaglia
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10098571

Doorify MLS

APN: 0783.16-82-0969-005

North Carolina Wake County Raleigh 27606

1230 University Ct Unit 102, Raleigh, NC

This home is located at 1230 University Ct Unit 102, Raleigh, NC 27606 and is currently priced at $285,000, approximately $234 per square foot. This property was built in 1997. 1230 University Ct Unit 102 is a home located in Wake County with nearby schools including A. B. Combs Magnet Elementary School, Centennial Campus Magnet Middle School, and Atlas International School.

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