1321 Crab Orchard Dr Unit 203 Raleigh, NC 27606
Estimated payment $1,987/month
Total Views
17,587
4
Beds
4
Baths
1,219
Sq Ft
$238
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!
Property Details
Home Type
- Condominium
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
Listing and Financial Details
- REO, home is currently bank or lender owned
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
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,368 | $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 |
|---|---|---|---|---|
| 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 | $201,000 | First American Mortgage Sln | |
| 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
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10092097
APN: 0783.16-82-3529-007
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