NOT LISTED FOR SALE

1911 Wolftech Ln Unit 101 Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $270,000 - $277,000

4 Beds
4 Baths
1,325 Sq Ft
$235/mo HOA Fee

Last Sold January 15, 2025

Last sale price $300,000 $226 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,877/month

18 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Cooling Available
  • Swift Creek Elementary School Rated A-
  • Walk-In Closet
  • Bathtub with Shower

About This Home

As of January 2025

Exceptional Investor Opportunity! 4 Tenants in Place with Total Rents of $3885/mo. Each Unit Has a Bedroom, Full Bath, Walk-In Closet and Lockable Door. Main Area Provides a Shared Living, Office and Kitchen Space. Carpet, Paint, Flooring and Kitchen Appliances Updated (2020). Most Furnishings & Washer/Dryer Included (Tenants May Own a Few Pieces). Great Opportunity Not to Be Missed!

Last Agent to Sell the Property

Carlene Sumner

Southern Lux Living License #257456 Listed on: 12/11/2024

Last Buyer's Agent

Carlo Ruggiero

EXP Realty LLC License #315518

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 2002

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Parking Lot

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, insurance
  • The owner pays for association fees, electricity, sewer, taxes, water
  • Assessor Parcel Number 0792082239

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pest control
  • University Woods Condominium Association, Phone Number (919) 856-9188
  • University Woods Subdivision

Building Details

  • 4 Leased Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,425

Year Built

Built in 2002

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential Income
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control
  • Subdivision Name: University Woods
  • Above Grade Finished Sq Ft: 1325.0
  • Architectural Style: Transitional
  • Unit Levels: One
  • New Construction: No
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Exceptional Investor Opportunity! 4 Tenants in Place with Total Rents of $3885/mo. Each Unit Has a Bedroom, Full Bath, Walk-In Closet and Lockable Door. Main Area Provides a Shared Living, Office and Kitchen Space. Carpet, Paint, Flooring and Kitchen Appliances Updated (2020). Most Furnishings & Washer/Dryer Included (Tenants May Own a Few Pieces). Great Opportunity Not to Be Missed!
  • General Property Information Association Phone: 919.856.9188
  • Laundry Features Laundry Closet: Yes
  • General Property Information Monthly Association Fees2: 235.0
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: Renewal Option
  • General Property Information Above Grade Finished Area: 1325.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Roof Architectural Shingle: Yes
  • Owner Pays:Sewer2: Yes
  • General Property Information:Living Area3: 1325.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Parking Lot
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association Name: University Woods Condominium Association
  • Phone: 919-856-9188
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: University Woods Condominium Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 235.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Lot Dimensions: 0
  • Parcel #: 0792082239

Rental Info

  • Tenant Pays: Cable TV, Insurance
  • Lease Term: Renewal Option
  • Owner Pays: Association Fees, Electricity, Sewer, Taxes, Water

Tax Info

  • Tax Annual Amount: 2424.88
  • Tax Year: 2024

Multi Family

  • Number Of Units Furnished: All Units
  • Number Of Units Leased: 4

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2013
Sold by
Albertson Susan Jo and Albertson William Arthur
Bought by
Nanduri Venkata R and Nanduri Sumana
Current Estimated Value
$273,761

Purchase Details

Closed on
May 16, 2013
Sold by
Albertson Thomas Robert
Bought by
Albertson William Arthur and Albertson Susan Jo

Purchase Details

Closed on
May 22, 2003
Sold by
Trailwood Partners
Bought by
Metcalf Corwin M and Metcalf Janice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Interest Rate
5.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nanduri Venkata R $103,000 None Available
Albertson William Arthur -- None Available
Metclaf Corwin Moore -- None Available
Metcalf Corwin M $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metcalf Corwin M $117,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $300,000 -7.7% $226 / Sq Ft
12/29/2024 12/29/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $325,000 -- $245 / 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
2025 $2,435 $276,912 -- $276,912
2024 $2,425 $276,912 $0 $276,912
2023 $1,934 $175,632 $0 $175,632
2022 $1,798 $175,632 $0 $175,632
2021 $1,729 $175,632 $0 $175,632
2020 $1,698 $175,632 $0 $175,632
2019 $1,289 $109,507 $0 $109,507
2018 $1,216 $109,507 $0 $109,507
2017 $0 $109,507 $0 $109,507
2016 $1,136 $109,507 $0 $109,507
2015 $1,287 $122,361 $0 $122,361
2014 -- $122,361 $0 $122,361
Source: Public Records

Agents Affiliated with this Home

  • Carlene Sumner

    Seller's Agent in 2025

    Carlene Sumner

    Southern Lux Living

    (919) 995-3221

    1 in this area

    41 Total Sales

    Carlene Sumner
    Section Image
  • Carlo Ruggiero

    Buyer's Agent in 2025

    Carlo Ruggiero

    EXP Realty LLC

    (919) 616-1801

    2 in this area

    25 Total Sales

    Carlo Ruggiero
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10066833

Doorify MLS

APN: 0792.05-08-2239-010

North Carolina Wake County Raleigh 27603 South Raleigh

1911 Wolftech Ln Unit 101, Raleigh, NC

Not Listed for Sale

Condos

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