NOT LISTED FOR SALE

2020 University Woods Rd Unit 302 Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $279,000 - $294,000

4 Beds
4 Baths
1,316 Sq Ft
$215/mo HOA Fee

Last Sold September 23, 2022

Last sale price $275,000 $209 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,980/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • <<tubWithShowerToken>>
  • Swift Creek Elementary School Rated A-
  • Walk-In Closet
  • Laundry closet

About This Home

As of September 2022

This desirable 3rd floor unit comes with upgrades. The kitchen cabinets were replaced and additional ones were added for more storage. Laminate flooring has been installed throughout the common area. Updated stove was installed in 2021. There is additional cabinet storage above the washer & dryer. Each room has its own full bathroom and walk in closet. The unit also has a well sized sun room area. Great investment property & can charge by room if needed. Only 2.5 miles from NC State campus.

Last Agent to Sell the Property

Cynthia Quarantello

Real Broker LLC License #267569 Listed on: 08/19/2022

Real Broker LLC

Last Buyer's Agent

Jason Rummel

Keller Williams Realty Cary License #288109

Keller Williams Realty Cary

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,780

Year Built

  • Built in 2000

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry closet
  • 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
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, trash
  • Wilson Property Mgmt Association, Phone Number (919) 782-1717
  • 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: Insurance, Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: University Woods
  • Above Grade Finished Sq Ft: 1316.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: none
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: 3
  • Room Types Bedroom 3 Level: 3
  • Room Types Bedroom 4 Level: 3
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Bedroom 5 Level: 3
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • General Property Information Association Phone: 919-782-1717
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1316.0
  • General Property Information Carport YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), High Speed Internet, Living/Dining Room Combination, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Home Warranty: No
  • 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

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Mgmt
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Mgmt
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: 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

  • Zoning: R-10
  • Lot Dimensions: none

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
Aug 19, 2022
Closed on
Sep 23, 2022
Sold by
Marcos Benitz Antonio and Marcos Ana Veronica
Bought by
Rajanayagam Noble and Shanthanelson Monicca
Seller's Agent
Cynthia Quarantello
Real Broker LLC
Buyer's Agent
Jason Rummel
Keller Williams Realty Cary
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$283,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,872
Avg. Annual Appreciation
1.14%
Original Mortgage
$140,000
Outstanding Balance
$134,254
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$149,618

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jun 24, 2021
Sold by
Mcareavy Steve C and Mcareavy Robyn S
Bought by
Benitz Antonio Marcos and Benitz Veronica Ana
Seller's Agent
Kristi Woerner
Abare Real Estate & Property M
Buyer's Agent
Cynthia Quarantello
Real Broker LLC
List Price
$215,000
Sold Price
$217,200
Premium/Discount to List
$2,200
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.15%

Purchase Details

Closed on
Mar 2, 2018
Sold by
Amk Real Estate Llc
Bought by
Mcareavy Steve C and Mcareavy Robyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Ajaye Franklyn
Bought by
Amk Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 27, 2006
Sold by
Kang Whan Su
Bought by
Ajaye Franklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.19%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Rajanayagam Noble $275,000 Tryon Title
Benitz Antonio Marcos $217,500 None Available
Mcareavy Steve C $160,000 None Available
Amk Real Estate Llc $120,000 None Available
Ajaye Franklyn $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajanayagam Noble $140,000
Previous Owner Mcareavy Steven C $123,000
Previous Owner Mcareavy Steve C $124,000
Previous Owner Amk Real Estate Llc $266,250
Previous Owner Ajaye Franklyn $107,100
Previous Owner Kang Whan Su $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $275,000 -- --
12/15/2023 12/15/23 Off Market $217,200 -- --
09/23/2022 09/23/22 Sold $275,000 0.0% $209 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $275,000 +26.6% $209 / Sq Ft
06/30/2021 06/30/21 Sold $217,200 +1.0% $156 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $215,000 -- $155 / 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: 2469476

Doorify MLS

APN: 0792.05-07-7812-034