NOT LISTED FOR SALE

1511 Graduate Ln Unit 303 Raleigh, NC 27606

Estimated Value: $241,000 - $280,000

4 Beds
4 Baths
1,177 Sq Ft
$210/mo HOA Fee

Last Sold June 06, 2023

Last sale price $260,000 $221 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,821/month

31 Days on Market

Highlights

  • Transitional Architecture
  • Balcony
  • Bathtub with Shower
  • A. B. Combs Magnet Elementary School Rated A
  • Porch
  • Living Room

About This Home

As of June 2023

BACK ON THE MARKET due to cold feet. BUYER'S LOSS IS YOUR GAIN! Great investor opportunity NEAR NC STATE inside the Beltline! Convenient to the WOLF LINE. THIRD FLOOR CONDO. Bright open floorplan, 4 spacious BEDROOMS EACH w/FULL PRIVATE BATHROOM w/tub/shower & walk-in closet. Common area has kitchen, dining & living room. INCLUDES FRIG, WASHER/DRYER in unit! Enjoy the BALCONY which backs to WOODS for PRIVACY! Condo is being sold AS IS. Rents for units like this can range $500 - $600/mo including utilities per room. Two hour's notice is required for showings. Owner/Seller is the licensed real estate agent selling this home. $100 CC credit to use attorneys Adams, Howell in Cary for closing.

Last Agent to Sell the Property

Ellen Thabet

Adorn Realty License #284210 Listed on: 04/05/2023

Last Buyer's Agent

Latesh Patel

LP Realty License #253953

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1996

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Wilson Property Mgmt Association, Phone Number (919) 859-9552
  • University Commons Condos Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,686

Year Built

Built in 1996

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: University Commons Condos
  • Above Grade Finished Sq Ft: 1177.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: N/A - condo
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: (919) 859-9552
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1177.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Mgmt
  • Phone: 919-859-9552
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Mgmt
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 210.0
  • 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: N/A - condo

Tax Info

  • Tax Annual Amount: 1686.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Isha Llc
Bought by
Anuj Llc
Current Estimated Value
$263,712

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 6, 2023
Sold by
Thabet Mark J and Thabet Ellen V
Bought by
Isha Llc
Seller's Agent
Ellen Thabet
Adorn Realty
Buyer's Agent
Latesh Patel
LP Realty
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.63%

Purchase Details

Closed on
Jul 20, 2016
Sold by
Flounder Finance Llc
Bought by
Thabet Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2009
Sold by
Ndg Llc
Bought by
Flounder Finance Llc

Purchase Details

Closed on
Feb 25, 2008
Sold by
Lbg Of Nc Llc
Bought by
Ndg Llc

Purchase Details

Closed on
Jun 18, 2000
Sold by
Calabria Robert D and Calabria Ann Marie
Bought by
Lbg Of Nc Llc
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
Anuj Llc -- None Listed On Document
Isha Llc $260,000 None Listed On Document
Isha Llc $260,000 None Listed On Document
Thabet Mark J $127,000 None Available
Flounder Finance Llc $99,000 None Available
Ndg Llc $93,000 None Available
Lbg Of Nc Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thabet Mark J $109,500
Previous Owner Thabet Mark J $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $260,000 -- --
06/06/2023 06/06/23 Sold $260,000 -3.7% $221 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $270,000 0.0% $229 / Sq Ft
05/02/2023 05/02/23 Price Changed $270,000 -1.8% $229 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $275,000 -- $234 / 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 $2,227 $254,067 $0 $254,067
2023 $1,813 $164,473 $0 $164,473
2022 $1,685 $164,473 $0 $164,473
2021 $1,620 $164,473 $0 $164,473
2020 $1,591 $164,473 $0 $164,473
2019 $1,354 $115,078 $0 $115,078
2018 $1,277 $115,078 $0 $115,078
2017 $1,217 $115,078 $0 $115,078
2016 $1,192 $115,078 $0 $115,078
2015 $1,081 $102,460 $0 $102,460
2014 $1,026 $102,460 $0 $102,460
Source: Public Records

Agents Affiliated with this Home

  • Ellen Thabet

    Seller's Agent in 2023

    Ellen Thabet

    Adorn Realty

    (919) 621-6126

    66 Total Sales

    Ellen Thabet
    Section Image
  • Latesh Patel

    Buyer's Agent in 2023

    Latesh Patel

    LP Realty

    (919) 342-9625

    223 Total Sales

    Latesh Patel
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2503488

Doorify MLS

APN: 0793.09-16-8405-038

North Carolina Wake County Raleigh 27606

1511 Graduate Ln Unit 303, Raleigh, NC

This home is located at 1511 Graduate Ln Unit 303, Raleigh, NC 27606 since 05 April 2023 and is currently estimated at $263,712, approximately $224 per square foot. This property was built in 1996. 1511 Graduate Ln Unit 303 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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