NOT LISTED FOR SALE

1331 Crab Orchard Dr Unit 203 Raleigh, NC 27606

Estimated Value: $281,000 - $290,000

4 Beds
4 Baths
1,219 Sq Ft
$184/mo HOA Fee

Last Sold February 01, 2024

Last sale price $261,000 $214 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,917/month

46 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • 1-Story Property
  • A. B. Combs Magnet Elementary School Rated A
  • Tennis Courts
  • 3-minute walk to Walnut Creek Wetland Park Trailhead

About This Home

As of February 2024

Great investment property with 4 individual bedroom and personal bathroom for each. When you walk in to this open space condo you are greeted with an open kitchen to your left that allows you to see into the living area. There is also a nicely sized balcony off of the living room. Laundry closet is found to your right of the kitchen. Great property to start off or add to your investment portfolio.

Last Agent to Sell the Property

Hanadee Ali

EXP Realty LLC License #314381 Listed on: 11/17/2023

EXP Realty LLC

Last Buyer's Agent

Latesh Patel

LP Realty License #253953

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1999

HOA Fees

  • $184 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,219 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Lakepark Condos Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,768

Year Built

Built in 1999

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Lakepark Condos
  • Above Grade Finished Sq Ft: 1219.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • 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 Laminate: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Above Grade Finished Area: 1219.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: 2nd Floor
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 184.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association Fee: 184.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1768.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Sundarrajan Ramesh Babu and Rameshbabu Lavanya
Bought by
Rlss Homes Llc
Current Estimated Value
$284,255

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 22, 2024
Sold by
Babu Lavanya Ramesh and Sundarrajan Ramesh Babu
Bought by
Rlss Homes Llc
Seller's Agent
Hanadee Ali
EXP Realty LLC
Buyer's Agent
Latesh Patel
LP Realty
List Price
$275,000
Sold Price
$261,000
Premium/Discount to List
-$14,000
-5.09%
Views
206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$195,750
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 1, 2024
Sold by
Suleiman Asad
Bought by
Sundarrajan Ramesh Babu and Babu Lavanya Ramesh
Seller's Agent
Hanadee Ali
EXP Realty LLC
Buyer's Agent
Latesh Patel
LP Realty
List Price
$275,000
Sold Price
$261,000
Premium/Discount to List
-$14,000
-5.09%
Views
206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,750
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 3, 2021
Closed on
Sep 20, 2021
Sold by
Hao Zisu and Li Qian
Bought by
Asad Suleiman and Asad Nazccha
Seller's Agent
Yuling Wang
SweetHome International, LLC
Buyer's Agent
Hashem Wafa
eXp Realty, LLC - C
List Price
$218,000
Sold Price
$220,000
Premium/Discount to List
$2,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Chen Henry Lin and Wang Jiahong
Bought by
Hao Zisu and Li Qian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Mayer William F and Mayer Kathlene M
Bought by
Students Housing Specialty Llc

Purchase Details

Closed on
Aug 12, 1999
Sold by
Lake Park Condominium Llc
Bought by
Mayer Jennifer L and Mayer William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,889
Interest Rate
7.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Rlss Homes Llc -- None Listed On Document
Rlss Homes Llc -- None Listed On Document
Rlss Homes Llc -- None Listed On Document
Rlss Homes Llc -- None Listed On Document
Sundarrajan Ramesh Babu $261,000 None Listed On Document
Sundarrajan Ramesh Babu $261,000 None Listed On Document
Asad Suleiman $220,000 None Available
Asad Suleiman $220,000 None Listed On Document
Hao Zisu $200,000 None Available
Students Housing Specialty Llc $88,000 None Available
Mayer Jennifer L $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sundarrajan Ramesh Babu $195,750
Previous Owner Hao Zisu $156,800
Previous Owner Mayer William F $88,800
Previous Owner Mayer Jennifer L $111,889
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $261,000 -5.1% $214 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/16/2023 12/16/23 Off Market $275,000 -- --
12/15/2023 12/15/23 Off Market $220,000 -- --
11/21/2023 11/21/23 For Sale $275,000 +25.0% $226 / Sq Ft
09/20/2021 09/20/21 Sold $220,000 +0.9% $180 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $218,000 -- $179 / 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 $2,368 $270,312 $0 $270,312
2023 $1,902 $172,657 $0 $172,657
2022 $1,268 $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 $0 $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 -- $99,123 $0 $99,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2542433

Doorify MLS

APN: 0783.16-82-2614-005