$280,000
SOLD MAY 23, 2023 RENTED APR 24, 2025

2000 University Woods Rd Unit 102 Raleigh, NC 27603

South Raleigh Neighborhood
4 Beds
4 Baths
1,391 Sq Ft
$215/mo HOA Fee

Recently Sold

$201 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Breakfast Room
  • Swift Creek Elementary School Rated A-
  • End Unit
  • Walk-In Closet

About This Home

As of May 2023

Investor & Parent Alert! This is a really unique opportunity to purchase the "Model Home" that is used to show new tenants what a unit looks like! As a result, it has only been lived-in for short periods over the last 10 years. Preiss is currently paying the owners $1,600 per month through July 31st of this year. The owner is "Netting" about $1,224 per month. As a parent, this unit looks Fantastic! For an Investor, enjoy immediate rent and find a management company that can get over $500 per room starting August 1st and bring in $2,000 per month in rent! This End-Unit 4BR/4BA Condo is on the 1st Floor near NC State Centennial Campus. Each bedroom comes w/ its own full bath & walk-in closet. Laundry in the unit! Fridge, Washer, Dryer included. HVAC replaced in 2017. Hurry, this won't last!

Last Agent to Sell the Property

Ed Karazin

RE/MAX Performance License #261741 Listed on: 04/12/2023

Last Buyer's Agent

Mei Mei Wing Nei Ngai

Wing Nei Ngai, Broker License #323475

Wing Nei Ngai, Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 2000

Lot Details

  • End Unit

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,391 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage
  • Utility Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash
  • Wilson Properties Association, Phone Number (919) 835-7835
  • University Woods Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,780

Year Built

Built in 2000

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: University Woods
  • Above Grade Finished Sq Ft: 1391.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • 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
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): 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 Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Association Phone: 919-835-7835
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 1391.0
  • 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, High Speed Internet, Living/Dining Room Combination, Storage, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: 1st Floor
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Properties
  • Phone: 919-835-7835
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Properties
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 215.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1780.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Combs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 11, 2023
Sold by
Hahn Paul and Hahn Kathy
Bought by
Ho Woo Chung and Lam Hou Susan
Seller's Agent
Ed Karazin
RE/MAX Performance
Buyer's Agent
Mei Mei Wing Nei Ngai
Wing Nei Ngai, Broker
List Price
$276,500
Sold Price
$280,000
Premium/Discount to List
$3,500
1.27%
Views
66
Current Estimated Value
$283,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,695
Avg. Annual Appreciation
1.10%
Original Mortgage
$189,000
Outstanding Balance
$184,654
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$102,164

Purchase Details

Closed on
Sep 26, 2013
Sold by
Johnson Michael G and Johnson Jill H
Bought by
Hahn Kathy and Hahn Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 2008
Sold by
Johnson Michael G and Johnson Jill H
Bought by
Johnson Michael G and Johnson Jill H

Purchase Details

Closed on
Nov 10, 2004
Sold by
Gist Daune M
Bought by
Johnson Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2001
Sold by
Trailwood Partners
Bought by
Gist Daune

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,720
Interest Rate
11.62%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 None Listed On Document
Warranty Deed $108,500 None Available
Warranty Deed -- None Available
Warranty Deed $117,500 --
Warranty Deed $116,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,000 New Conventional
Previous Owner $86,800 Adjustable Rate Mortgage/ARM
Previous Owner $67,500 Unknown
Previous Owner $92,720 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Rented $1,850 0.0% --
04/07/2025 04/07/25 Price Changed $1,850 -5.1% $1 / Sq Ft
03/17/2025 03/17/25 For Rent $1,950 0.0% --
12/15/2023 12/15/23 Off Market $280,000 -- --
05/23/2023 05/23/23 Sold $280,000 +1.3% $201 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $276,500 -- $199 / 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 $2,377 $271,420 $0 $271,420
2023 $1,915 $173,871 $0 $173,871
2022 $1,780 $173,871 $0 $173,871
2021 $1,712 $173,871 $0 $173,871
2020 $1,681 $173,871 $0 $173,871
2019 $1,263 $107,268 $0 $107,268
2018 $1,192 $107,268 $0 $107,268
2017 $1,136 $107,268 $0 $107,268
2016 $1,113 $107,268 $0 $107,268
2015 $1,276 $121,250 $0 $121,250
2014 $1,210 $121,250 $0 $121,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2504558

Doorify MLS

APN: 0792.05-07-7812-002