$279,000
$6K PRICE DROP

1430 Collegiate Cir Unit 102 Raleigh, NC 27606

Estimated payment $1,957/month

Total Views 9,554
4 Beds
4 Baths
1,178 Sq Ft
$237 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Community Pool
  • Covered patio or porch
  • A. B. Combs Magnet Elementary School Rated A
  • Tennis Courts
  • Walk-In Closet

About This Home

Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.

Listing Agent

Naama Shaked

Berkshire Hathaway HomeService License #284026

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1999

HOA Fees

  • $202 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Open Parking
  • Parking Lot

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 102

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash, water
  • Wilson Management Association, Phone Number (919) 782-1717
  • University Commons Lake Pk Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,368

Year Built

Built in 1999

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash, Water
  • Subdivision Name: University Commons Lake Pk
  • Above Grade Finished Sq Ft: 1178.0
  • Architectural Style: Traditional
  • 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
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-782-1717
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 202.4
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1178.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: 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
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Common, Parking Lot
  • Parking Features:Parking Lot: Yes
  • Parking Features:Common: Yes
  • General Property Information:Open Parking YN2: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 202.4
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Management
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 202.4
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Parcel #: 102

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 2367.66
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake County Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,368 $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 $1,212 $109,107 $0 $109,107
2017 $1,155 $109,107 $0 $109,107
2016 $1,132 $109,107 $0 $109,107
2015 $1,046 $99,123 $0 $99,123
2014 $993 $99,123 $0 $99,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $279,000 -2.1% $237 / Sq Ft
02/17/2025 02/17/25 For Sale $285,000 +26.7% $242 / Sq Ft
12/15/2023 12/15/23 Off Market $225,000 -- --
06/07/2021 06/07/21 Sold $225,000 +2.3% $185 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $219,999 -- $180 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Source: Public Records

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Source: Doorify MLS

MLS Number: 10077089

Doorify MLS

APN: 0783.16-82-7337-004