NOT LISTED FOR SALE

1230 University Ct Unit 103 Raleigh, NC 27606

Estimated Value: $275,211 - $288,000

4 Beds
4 Baths
1,187 Sq Ft
$184/mo HOA Fee

Last Sold September 20, 2021

Last sale price $220,000 $185 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,961/month

50 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • A. B. Combs Magnet Elementary School Rated A
  • 1-Story Property
  • 3-minute walk to Walnut Creek Wetland Park Trailhead

About This Home

As of September 2021

This Raleigh home has one story. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 06/28/2021

Last Buyer's Agent

Manny Singh

Keller Williams Elite Realty License #276838

Keller Williams Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1997

HOA Fees

  • $184 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,187 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • University Comm Lake Park Association
  • University Commons Lake Pk Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,637

Year Built

Built in 1997

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: University Commons Lake Pk
  • Above Grade Finished Sq Ft: 1187.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 105x272x89x274
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Above Grade Finished Area: 1187.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 184.0
  • Association Fee Frequency: Monthly
  • Association Name: University Comm Lake Park
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: University Comm Lake Park
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 184.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 105x272x89x274

Tax Info

  • Tax Annual Amount: 1637.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Combs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 16, 2021
Sold by
Opendoor Property Trust I
Bought by
Lamba Amit
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Manny Singh
Keller Williams Elite Realty
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Total Days on Market
50
Current Estimated Value
$283,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,303
Avg. Annual Appreciation
7.01%
Original Mortgage
$165,000
Outstanding Balance
$151,562
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$131,741

Purchase Details

Closed on
Jun 14, 2021
Sold by
Oakley Alison Renee and Meredith Edward Wayne
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Mar 21, 2019
Sold by
Johnson Oakley Tony M and Johnson Oakley Pamela
Bought by
Oakley Alison Renee

Purchase Details

Closed on
Mar 13, 1998
Sold by
Lake Park Condominium Llc
Bought by
Oakley Tony M and Oakley Pamela Johnson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,102
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Raleigh, NC

  • 4821 Gossamer Ln Unit 102, Raleigh, NC 27616

    $339,000

    • 4 Beds
    • 3.5 Baths
    • 1,705 Sq Ft
    • 4821 Gossamer Ln
    • Unit 102
    • Raleigh, NC

    Durant Towns delivers easy, breezy North Raleigh living, and now it comes with big savings! Thanks to $5,000 in closing costs being covered for future homeowners who go under contract before the end of the month, there's never been a better time to come home. Select from a duo of 3-4 BR, 3.5 BA plans in which 1,670+ SQ FT deliver light-flooded, distinctly open-concept layouts. Here, elevated

    Johnny Chappell Compass -- Raleigh

    Section Image
  • 4821 Gossamer Ln Unit 103, Raleigh, NC 27616

    $339,000

    • 4 Beds
    • 3.5 Baths
    • 1,670 Sq Ft
    • 4821 Gossamer Ln
    • Unit 103
    • Raleigh, NC

    Durant Towns delivers easy, breezy North Raleigh living, and now it comes with big savings! Thanks to $5,000 in closing costs being covered for future homeowners who go under contract before the end of the month, there's never been a better time to come home. Select from a duo of 3-4 BR, 3.5 BA plans in which 1,670+ SQ FT deliver light-flooded, distinctly open-concept layouts. Here, elevated

    Johnny Chappell Compass -- Raleigh

    Section Image
  • 1230 University Ct Unit 102, Raleigh, NC 27606

    $299,500

    • 4 Beds
    • 4 Baths
    • 1,215 Sq Ft
    • 1230 University Ct
    • Unit 102
    • Raleigh, NC

    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,

    Courtney Elstad Coast 2 Coast Real Estate Conn

    Section Image
  • 1331 Crab Orchard Dr Unit 1, Raleigh, NC 27606

    $279,000

    • 4 Beds
    • 4 Baths
    • 1,219 Sq Ft
    • 1331 Crab Orchard Dr
    • Unit 1
    • Raleigh, NC

    Excellent investment property or home for incoming students; including 4 bedroom suites with 4 private baths and walk-in closets.Features Carpeted common living room, vinyl floor kitchen and storage area. Wonderful location across from Lake Johnston and close to I-40, NCSU and downtown area. Community amenities include pool, basketball court and volleyball for residents along with convenient

    Ashley Font Keller Williams Realty

    Section Image
  • 1321 Crab Orchard Dr Unit 203, Raleigh, NC 27606

    $290,000

    • 4 Beds
    • 4 Baths
    • 1,219 Sq Ft
    • 1321 Crab Orchard Dr
    • Unit 203
    • Raleigh, NC

    INVESTOR ALERT!!! Second floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. All vinyl floor and new HVAC in 2024. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy

    Manny Singh Keller Williams Elite Realty

    Section Image
  • 1430 Collegiate Cir Unit 102, Raleigh, NC 27606

    $279,000

    • 4 Beds
    • 4 Baths
    • 1,178 Sq Ft
    • 1430 Collegiate Cir
    • Unit 102
    • Raleigh, NC

    Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants.

    Naama Shaked Berkshire Hathaway HomeService

    Section Image
  • 2000 University Woods Rd Unit 203, Raleigh, NC 27603

    $275,000

    • 4 Beds
    • 4 Baths
    • 1,391 Sq Ft
    • 2000 University Woods Rd
    • Unit 203
    • Raleigh, NC

    Parent Alert! Extremely well maintained 2nd floor unit with tenants graduating in July! The HVAC was replaced at the end of 2023 - so less than 2 years old!. There are currently 4 tenants paying a total of $2.195. That includes the water and electricity. Tenants pay their own Internet & the leases go through July 23, 2025. For an Investor, continue using Preiss Management and enjoy immediate

    Ed Karazin RE/MAX One Hundred

    Section Image
  • 3000 Centennial Woods Dr Unit 302, Raleigh, NC 27603

    $287,000

    • 4 Beds
    • 4 Baths
    • 1,384 Sq Ft
    • 3000 Centennial Woods Dr
    • Unit 302
    • Raleigh, NC

    Investor & Parent Alert! LVP flooring throughout means that you will never need to worry about changingthe carpet. The HVAC was replace in July 2020, so that's also something you shouldn't need to worry about. There are currently 3 tenants each paying $600 per month and that includes the water and electricity. Tenants pay their own Internet. The leases go through July 31, 2025. As a parent, you

    Ed Karazin RE/MAX One Hundred

    Section Image
  • 1130 Carlton Ave Unit 103, Raleigh, NC 27606

    $285,000

    • 4 Beds
    • 4 Baths
    • 1,289 Sq Ft
    • 1130 Carlton Ave
    • Unit 103
    • Raleigh, NC

    Investor or NCSU Parent Alert - Fully leased 4BD/4BA condo in University Oaks. Unit is already leased through 6/30/2025.This condo is within walking distance of NCSU and is on the Wolfline between the Main Campus and Centennial Campus.It's a don't miss opportunity to purchase a student rental.HOA fee is $325 per month.

    Myron Von Raesfeld PARKER JAMES PROPERTIES LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamba Amit $220,000 Land And Title Law
Opendoor Property Trust I $219,500 None Available
Oakley Alison Renee -- None Available
Oakley Tony M $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamba Amit $165,000
Previous Owner Oakley Tony M $82,400
Previous Owner Oakley Tony M $102,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $220,000 -- --
09/20/2021 09/20/21 Sold $220,000 -2.2% $185 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $225,000 -4.7% $190 / Sq Ft
07/16/2021 07/16/21 Price Changed $236,000 -1.7% $199 / Sq Ft
06/28/2021 06/28/21 For Sale $240,000 -- $202 / 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
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 $1,133 $106,959 $0 $106,959
2016 $0 $106,959 $0 $106,959
2015 -- $98,111 $0 $98,111
2014 -- $98,111 $0 $98,111
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2392603

Doorify MLS

APN: 0783.16-82-0969-004