$285,000
$5K PRICE DROP

1321 Crab Orchard Dr Unit 203 Raleigh, NC 27606

Estimated payment $1,904/month

Total Views 24,997
4 Beds
4 Baths
1,219 Sq Ft
$234 Price per Sq Ft

Highlights

  • Basketball Court
  • Traditional Architecture
  • Community Basketball Court
  • A. B. Combs Magnet Elementary School Rated A
  • Community Pool
  • 3-minute walk to Walnut Creek Wetland Park Trailhead

About This Home

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 convenient access to the LakeJohnson Park, Avent Ferry Shopping Center, and the Go Raleigh bus line. Currently, All the rooms are leased through June 30th 2026, 2 at $550 and 2 at $600 per month. Ongoing rates are approximately $650 per month for individual rooms or around $2600 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!

Listing Agent

Manny Singh

Keller Williams Elite Realty License #276838 Listed on: 04/25/2025

Keller Williams Elite Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1999

Lot Details

  • 1 Common Wall

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,219 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 8 Parking Spaces
  • 8 Open Parking Spaces
  • Parking Lot

Accessible Home Design

  • Accessible Common Area
  • Central Living Area

Outdoor Features

  • Basketball Court
  • Balcony

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

Overview

  • Association fees include pest control, trash
  • Wilson Property Management Association, Phone Number (919) 782-1717
  • Lakepark Condos Subdivision
  • Community Parking

Amenities

  • Trash Chute

Recreation

  • Community Basketball Court
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,368

Year Built

Built in 1999

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Pest Control, Trash
  • Subdivision Name: Lakepark Condos
  • Above Grade Finished Sq Ft: 1219.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • General Property Information Association Phone: 919-782-1717
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 202.0
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1219.0
  • Cooling Ceiling Fan(s): Yes
  • Structure Type Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Vinyl
  • Appliances: Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 1
  • Community Features:Pool2: Yes
  • Community Features:Street Lights: Yes
  • Appliances:WasherDryer: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Basketball Court
  • Fencing: Other
  • Disclosures: Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Balcony: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Exterior Features:Basketball Court2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Total Parking Spaces: 8.0
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

  • Utilities: Other
  • Heating: Central, Forced Air
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Central: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Management
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Pest Control: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Parcel #: 000

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 2368.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,377 $270,312 -- $270,312
2024 $2,368 $270,312 $0 $270,312
2023 $1,902 $172,657 $0 $172,657
2022 $1,768 $172,657 $0 $172,657
2021 $1,700 $172,657 $0 $172,657
2020 $1,669 $172,657 $0 $172,657
2019 $1,284 $109,107 $0 $109,107
2018 $1,212 $109,107 $0 $109,107
2017 $0 $109,107 $0 $109,107
2016 $0 $109,107 $0 $109,107
2015 -- $99,123 $0 $99,123
2014 $993 $99,123 $0 $99,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $285,000 -1.7% $234 / Sq Ft
04/25/2025 04/25/25 For Sale $290,000 -- $238 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Hall Duane R
Warranty Deed -- None Listed On Document
Warranty Deed $201,000 First American Mortgage Sln
Warranty Deed $201,000 None Listed On Document
Warranty Deed $139,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $99,000 None Available
Condominium Deed $115,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,750 New Conventional
Previous Owner $107,543 FHA
Previous Owner $108,037 FHA
Previous Owner $109,050 FHA
Previous Owner $111,889 FHA
Source: Public Records

Source: Doorify MLS

MLS Number: 10092097

Doorify MLS

APN: 0783.16-82-3529-007