1521 Graduate Ln Unit 102 Raleigh, NC 27606
3
Beds
4
Baths
1,224
Sq Ft
$210/mo
HOA Fee
Highlights
- Traditional Architecture
- Covered patio or porch
- Breakfast Bar
- A. B. Combs Magnet Elementary School Rated A
- In-Law or Guest Suite
- Bathtub with Shower
About This Home
As of April 2025Welcome to 1521 Graduate Lane, a charming condo located in Raleigh, NC. This home was built in 1996 and offers a comfortable living space with 4 bedrooms and 4 bathrooms and a finished area of 1,224 sq.ft. Situated on a lot of .12 acre, this property provides plenty of room to enjoy the outdoors. This property is a great investment opportunity for an interested investor! As you enter the home, you are greeted by a bright and airy central, shared living area that is perfect for relaxing or entertaining guests. The open floor plan allows for easy flow between the living room, dining area, and kitchen. The kitchen is equipped with modern appliances and ample storage space, making meal prep a breeze. There is a new full-size washer and new dryer in the unit as well. A new heat pump was installed last year as well as a new refrigerator. Receipts are available for all
transactions. The condo features 4 private bathrooms, providing plenty of convenience for you. The bedrooms are spacious and well-appointed, offering a peaceful retreat at the end of the day. Each room has a ceiling fan and individual closet. There is a small porch near the back of the unit. Located in Raleigh, NC, this condo offers a convenient location with easy access to shopping, dining, and entertainment options. The vibrant city has something for everyone, from cultural attractions to outdoor adventures. With its close proximity to major highways, commuting to work or school is a breeze. The Unit is currently occupied by 4 tenants and their lease expires July 31st, 2025. Don't miss out on the opportunity to make this charming condo your new home. With its comfortable living space, spacious lot, and on street parking, convenient location, 1521 Graduate Lane has everything one might be looking for in a long-term investment. Schedule a showing today
and see all that this property has to offer.
Last Agent to Sell the Property
Chosen Real Estate Group License #346906 Listed on: 01/31/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,271
Year Built
- Built in 1996
HOA Fees
- $210 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,224 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Awning
- Entrance Foyer
- Combination Dining and Living Room
- Washer and Dryer
Kitchen
- Breakfast Bar
- Built-In Electric Oven
- Built-In Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
- 4 Full Bathrooms
- Primary bathroom on main floor
- Bathtub with Shower
Parking
- 1 Parking Space
- Additional Parking
- 1 Open Parking Space
Schools
- Combs Elementary School
- Wake County Schools Middle School
- Athens Dr High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Private Sewer
Additional Features
- Handicap Accessible
- Covered patio or porch
Community Details
- Association fees include ground maintenance, maintenance structure, trash
- Wilson Property Management Association, Phone Number (919) 782-1717
- University Commons Condos Subdivision
Listing and Financial Details
- Assessor Parcel Number 0793.09-16-8405-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Mar 20, 2025
Sold by
Farnham Jeff and Farnham Jeffrey Lyman
Bought by
Rainey James L and Gensinger John
Seller's Agent
Nicholas Huscroft
Chosen Real Estate Group
Buyer's Agent
Fulton Crowley
Keller Williams Realty
List Price
$290,000
Sold Price
$255,000
Premium/Discount to List
-$35,000
-12.07%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,150
Avg. Annual Appreciation
5.70%
Original Mortgage
$191,250
Outstanding Balance
$191,086
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$68,193
Purchase Details
Closed on
Jul 18, 2007
Sold by
Wrigley Jennifer Lynn and Farnham Jennifer
Bought by
Farnham Jeff
Purchase Details
Closed on
Jun 13, 2007
Sold by
Good Properties Llc
Bought by
Farnham Jeffrey L and Farnham Jennifer
Purchase Details
Closed on
Jun 10, 2004
Sold by
Good Properties Llc
Bought by
Farnham Jeff
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
9.52%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 31, 2001
Sold by
Bosher L Paul L and Bosher Bishop T
Bought by
Good Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,625
Interest Rate
7.11%
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | None Listed On Document | |
| Warranty Deed | $255,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $101,000 | -- | |
| Warranty Deed | $112,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $191,250 | New Conventional | |
| Closed | $191,250 | New Conventional | |
| Previous Owner | $87,200 | New Conventional | |
| Previous Owner | $82,400 | Unknown | |
| Previous Owner | $20,600 | Stand Alone Second | |
| Previous Owner | $95,400 | Purchase Money Mortgage | |
| Previous Owner | $95,625 | No Value Available | |
| Previous Owner | $94,141 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $255,000 | -7.2% | $208 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 02/14/2025 02/14/25 | Price Changed | $274,900 | -1.8% | $225 / Sq Ft |
| 02/06/2025 02/06/25 | Price Changed | $279,900 | -3.4% | $229 / Sq Ft |
| 02/01/2025 02/01/25 | Price Changed | $289,900 | 0.0% | $237 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $290,000 | -- | $237 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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
-
N
Seller's Agent in 2025
Nicholas Huscroft
Chosen Real Estate Group
(330) 249-3499
1,331 Total Sales
-
F
Buyer's Agent in 2025
Fulton Crowley
Keller Williams Realty
(919) 621-1077
67 Total Sales
Map
Source: Doorify MLS
MLS Number: 10073899
APN: 0793.09-16-8405-018
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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