$270,000
SOLD SEP 27, 2024

2120 Wolftech Ln Unit 301 Raleigh, NC 27603

South Raleigh Neighborhood
4 Beds
4 Baths
1,350 Sq Ft
$235/mo HOA Fee

Recently Sold

$200 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Central Air
  • Swift Creek Elementary School Rated A-
  • 1-Story Property
  • Dining Room

About This Home

As of September 2024

Investor Opportunity! Fully leased 3rd floor unit in desirable NC State location bringing in $2,300 per month starting August 1st. 3rd floor units means no noise from upstairs neighbors and no risk of leaks from plumbing above. This unit has 4 bedrooms and each bedroom has its own closet and bathroom, ideal for roommates wanting privacy. The sunroom makes for an excellent work or hang-out area and add a lot of natural light to the space. The unit also features a washer/dryer and full kitchen.

Current leases total $2,180 with two long-term tenants renewing to bring total rent to $2,300 starting on August 1st.

Last Agent to Sell the Property

Seth Mason

Fathom Realty NC License #297478 Listed on: 06/29/2024

Fathom Realty NC

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 2000

HOA Fees

  • $235 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Primary bathroom on main floor

Parking

  • 4 Parking Spaces
  • Common or Shared Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0792073639

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,915

Year Built

Built in 2000

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Road Maintenance, Trash
  • Subdivision Name: University Woods
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: (919)856-9188
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 235.0
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1350.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Main
  • Roof Architectural Shingle: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Total Bedrooms: 11

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Common
  • Total Parking Spaces: 4.0
  • Parking Features:Common: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association Name: University Woods
  • Phone: 919-856-9188
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: University Woods
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Pest Control: 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 County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: R-10
  • Parcel #: 0792073639

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 1915.19
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Sep 27, 2024
Sold by
Mason Seth D
Bought by
Joshi Saurabh and Pawlak Joanna
Seller's Agent
Seth Mason
Fathom Realty NC
Buyer's Agent
Non Member
Non Member Office
List Price
$278,000
Sold Price
$270,000
Premium/Discount to List
-$8,000
-2.88%
Views
21
Current Estimated Value
$273,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,175
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Johnson Niles Gordon and Johnson Reeves Crystal
Bought by
Mason Seth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2006
Sold by
Johnson Susan Brown
Bought by
Johnson Niles Gordon
Source: Public Records

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Range of Values:

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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 $270,000 None Listed On Document
Warranty Deed $125,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,750 New Conventional
Previous Owner $139,500 New Conventional
Previous Owner $97,600 Adjustable Rate Mortgage/ARM
Previous Owner $117,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $270,000 -2.9% $200 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $278,000 -- $206 / 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 $2,401 $274,166 $0 $274,166
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 $1,276 $108,388 $0 $108,388
2018 $1,204 $108,388 $0 $108,388
2017 $1,148 $108,388 $0 $108,388
2016 $1,124 $108,388 $0 $108,388
2015 $1,287 $122,361 $0 $122,361
2014 -- $122,361 $0 $122,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10038682

Doorify MLS

APN: 0792.05-07-3639-021