1321 Crab Orchard Dr Unit 302 Raleigh, NC 27606
4
Beds
4
Baths
1,219
Sq Ft
1999
Built
Highlights
- Basketball Court
- In Ground Pool
- Community Basketball Court
- A. B. Combs Magnet Elementary School Rated A
- Traditional Architecture
- 3-minute walk to Walnut Creek Wetland Park Trailhead
About This Home
As of October 2024Investor Alert!!! Top-floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the Lake Johnson Park, Avent Ferry Shopping Center, and the GoRaleigh bus line. Currently, 2 of the rooms are leased through July 15th, 2025, at $590 per month. The remaining 2 rooms are move-in ready and available for new leases. Ongoing rates are approximately $600 per month for individual rooms or around $2400 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,902
Year Built
- Built in 1999
HOA Fees
- $184 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,219 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 4 Parking Spaces
- 4 Open Parking Spaces
- Parking Lot
Outdoor Features
- In Ground Pool
- Basketball Court
- Balcony
Schools
- Combs Elementary School
- Centennial Campus Middle School
- Athens Dr High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0783823529
Community Details
Overview
- Association fees include ground maintenance, maintenance structure
- Wilson Property Management Association, Phone Number (919) 782-1717
- Lakepark Condos Subdivision
- Maintained Community
- Community Parking
Recreation
- Community Basketball Court
- Community Pool
Security
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2024 12/28/24 | Off Market | $675 | -- | -- |
| 11/22/2024 11/22/24 | Price Changed | $675 | +12.5% | $1 / Sq Ft |
| 10/21/2024 10/21/24 | For Rent | $600 | 0.0% | -- |
| 10/18/2024 10/18/24 | Sold | $260,000 | -4.6% | $213 / Sq Ft |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 06/28/2024 06/28/24 | For Sale | $272,500 | -- | $224 / Sq Ft |
Source: Doorify MLS
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 | $2,368 | $270,312 | $0 | $270,312 |
| 2023 | $1,902 | $172,657 | $0 | $172,657 |
| 2022 | $1,768 | $172,657 | $0 | $172,657 |
| 2021 | $1,700 | $172,657 | $0 | $172,657 |
| 2020 | $1,669 | $172,657 | $0 | $172,657 |
| 2019 | $1,284 | $109,107 | $0 | $109,107 |
| 2018 | $0 | $109,107 | $0 | $109,107 |
| 2017 | $0 | $109,107 | $0 | $109,107 |
| 2016 | $1,132 | $109,107 | $0 | $109,107 |
| 2015 | -- | $99,123 | $0 | $99,123 |
| 2014 | -- | $99,123 | $0 | $99,123 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $210,000 | Credit Line Revolving | |
| Previous Owner | $171,375 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $127,500 | New Conventional | |
| Previous Owner | $4,000 | Construction | |
| Previous Owner | $80,000 | Unknown | |
| Previous Owner | $102,000 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Magnolia Title | |
| Warranty Deed | $237,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $170,000 | None Available | |
| Special Warranty Deed | -- | Attorney | |
| Warranty Deed | $99,000 | None Available | |
| Warranty Deed | $100,000 | None Available |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10038288
APN: 0783.16-82-3529-009
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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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