NOT LISTED FOR SALE

1431 Collegiate Cir Unit 302 Raleigh, NC 27606

Estimated Value: $267,000 - $279,000

4 Beds
4 Baths
1,200 Sq Ft
$184/mo HOA Fee

Last Sold July 09, 2024

Last sale price $260,000 $217 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,868/month

136 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Covered patio or porch
  • A. B. Combs Magnet Elementary School Rated A
  • Community Basketball Court
  • Eat-In Kitchen

About This Home

As of July 2024

No showings. Tenant occupied and only can see the property once under contract. Attention seasoned investors who understand the hassles and expenses associated with the traditional rental model. This turnkey multifamily investment comes with an innovative, proven rental model that minimizes background/income check hassles as well as the high cost of marketing for tenants, vacancies and evictions while providing a service to the less fortunate! Act now and lock in an immediate and consistent return on your investment. Or cancel the leases and implement your own model. Either way you win! Ask your agent to download and forward the documents in the MLS explaining this successfully proven model and current rent rolls or call the listing broker. Current monthly rent totals $2,050. Security deposits total $3,850 and convey at settlement.

Last Agent to Sell the Property

David Wilson

Carolina's Choice Real Estate License #158379 Listed on: 03/31/2024

Co-Listed By

Shelley Buffaloe

Carolina's Choice Real Estate License #184472

Last Buyer's Agent

Ananth Chivukula

APNARTP REALTY LLC License #336019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1998

HOA Fees

  • $184 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Permanent Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0783.20-92-0457.009

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Wilson Property Mgt Association, Phone Number (919) 782-1717
  • University Commons Lake Pk Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1998

Lot Details

0

HOA Fees

$184 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Co List Office Mls Id: 2379
  • Co List Office Phone: 919-788-9525
  • Subdivision Name: University Commons Lake Pk
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: (919) 782-1717
  • Laundry Features Laundry Closet: Yes
  • Property Condition Fixer: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 184.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1200.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Foundation Details Permanent: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Permanent
  • Patio And Porch Features: Covered
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 184.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Mgt
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Mgt
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Basketball Court: Yes
  • 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

  • Parcel #: 0783.20-92-0457.009

Tax Info

  • Tax Annual Amount: 1883.9
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Combs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2024
Closed on
Jul 9, 2024
Sold by
Lake Park Properties Llc
Bought by
Elite World Llc
Seller's Agent
David Wilson
Carolina's Choice Real Estate
Buyer's Agent
Ananth Chivukula
APNARTP REALTY LLC
List Price
$272,500
Sold Price
$260,000
Premium/Discount to List
-$12,500
-4.59%
Views
159
Current Estimated Value
$271,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,753
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Ismay Gregory L and Ismay Maria D
Bought by
Lake Park Properties Llc

Purchase Details

Closed on
Jul 24, 2007
Sold by
Youngman Terry L and Youngman Elaine R
Bought by
Whitney Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Lake Park Condominium Llc
Bought by
Narron Cecil Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,092
Interest Rate
6.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Elite World Llc $260,000 None Listed On Document
Lake Park Properties Llc -- None Available
Whitney Michael $101,000 None Available
Narron Cecil Lee $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitney Michael $90,000
Previous Owner Youngman Terry L $91,000
Previous Owner Narron Cecil Lee $105,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $260,000 -4.6% $217 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
03/31/2024 03/31/24 For Sale $272,500 0.0% $227 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $272,500 0.0% $227 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $272,500 -0.9% $227 / Sq Ft
12/20/2023 12/20/23 For Sale $275,000 -- $229 / 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 $2,348 $267,996 $0 $267,996
2023 $1,884 $171,024 $0 $171,024
2022 $1,752 $171,024 $0 $171,024
2021 $1,684 $171,024 $0 $171,024
2020 $1,654 $171,024 $0 $171,024
2019 $1,272 $108,033 $0 $108,033
2018 $1,200 $108,033 $0 $108,033
2017 $1,144 $108,033 $0 $108,033
2016 $1,121 $108,033 $0 $108,033
2015 $1,046 $99,123 $0 $99,123
2014 $993 $99,123 $0 $99,123
Source: Public Records

Agents Affiliated with this Home

  • David Wilson

    Seller's Agent in 2024

    David Wilson

    Carolina's Choice Real Estate

    (919) 412-9350

    848 Total Sales

    Section Image
  • Shelley Buffaloe

    Seller Co-Listing Agent in 2024

    Shelley Buffaloe

    Carolina's Choice Real Estate

    (919) 325-1334

    883 Total Sales

    Section Image
  • Ananth Chivukula

    Buyer's Agent in 2024

    Ananth Chivukula

    APNARTP REALTY LLC

    (919) 561-2427

    48 Total Sales

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Map

Source: Doorify MLS

MLS Number: 10002881

Doorify MLS

APN: 0783.20-92-0457-009

North Carolina Wake County Raleigh 27606

1431 Collegiate Cir Unit 302, Raleigh, NC

This home is located at 1431 Collegiate Cir Unit 302, Raleigh, NC 27606 since 31 March 2024 and is currently estimated at $272,619, approximately $227 per square foot. This property was built in 1998. 1431 Collegiate Cir Unit 302 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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