$255,000
SOLD APR 15, 2025

1521 Graduate Ln Unit 102 Raleigh, NC 27606

3 Beds
4 Baths
1,224 Sq Ft
$210/mo HOA Fee

Recently Sold

$208 Per Sq Ft

12% Below List Price

17 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Breakfast Bar
  • A. B. Combs Magnet Elementary School Rated A
  • In-Law or Guest Suite
  • Bathtub with Shower

About This Home

As of April 2025

Welcome to 1521 Graduate Lane, a charming condo located in Raleigh, NC. This home was built in 1996 and offers a comfortable living space with 4 bedrooms and 4 bathrooms and a finished area of 1,224 sq.ft. Situated on a lot of .12 acre, this property provides plenty of room to enjoy the outdoors. This property is a great investment opportunity for an interested investor! As you enter the home, you are greeted by a bright and airy central, shared living area that is perfect for relaxing or entertaining guests. The open floor plan allows for easy flow between the living room, dining area, and kitchen. The kitchen is equipped with modern appliances and ample storage space, making meal prep a breeze. There is a new full-size washer and new dryer in the unit as well. A new heat pump was installed last year as well as a new refrigerator. Receipts are available for all
transactions. The condo features 4 private bathrooms, providing plenty of convenience for you. The bedrooms are spacious and well-appointed, offering a peaceful retreat at the end of the day. Each room has a ceiling fan and individual closet. There is a small porch near the back of the unit. Located in Raleigh, NC, this condo offers a convenient location with easy access to shopping, dining, and entertainment options. The vibrant city has something for everyone, from cultural attractions to outdoor adventures. With its close proximity to major highways, commuting to work or school is a breeze. The Unit is currently occupied by 4 tenants and their lease expires July 31st, 2025. Don't miss out on the opportunity to make this charming condo your new home. With its comfortable living space, spacious lot, and on street parking, convenient location, 1521 Graduate Lane has everything one might be looking for in a long-term investment. Schedule a showing today
and see all that this property has to offer.

Last Agent to Sell the Property

Nicholas Huscroft

Chosen Real Estate Group License #346906

Last Buyer's Agent

Fulton Crowley

Keller Williams Realty License #314093

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 1996

HOA Fees

  • $210 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Primary bathroom on main floor
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • Additional Parking
  • 1 Open Parking Space

Schools

  • Combs Elementary School
  • Wake County Schools Middle School
  • Athens Dr High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Sewer

Additional Features

  • Handicap Accessible
  • Covered patio or porch

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 0793.09-16-8405-018

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,271

Year Built

Built in 1996

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: University Commons Condos
  • Above Grade Finished Sq Ft: 1224.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Lot Size Dimensions: 60 x 40
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • General Property Information Association Phone: 919-782-1717
  • Flooring Laminate: Yes
  • Interior Features ApartmentSuite: Yes
  • General Property Information Enhanced Accessible2: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1224.0
  • Room Types Primary Bathroom Level: Main
  • Cooling Ceiling Fan(s): Yes
  • Roof Asphalt3: Yes
  • General Property Information Lot Size Square Feet2: 2178.0
  • Sewer Private Sewer: Yes
  • General Property Information Lot Size Acres: 0.05
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Apartment/Suite, Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Laminate Counters, Living/Dining Room Combination, Pantry
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Dishwasher, Dryer, Free-Standing Refrigerator, Ice Maker, Microwave, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Built-In Electric Range: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Exterior Features: Awning(s)
  • Fencing: None
  • Acres: 0.05
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Rear Porch
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Awning(s): Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, On Site
  • Total Parking Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: None
  • Heating: Central, Electric, ENERGY STAR Qualified Equipment, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Wilson Property Management
  • Phone: 919-782-1717
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wilson Property Management
  • 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: 210.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 60 x 40
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0793.09-16-8405-018
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2271.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Combs

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

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $255,000 -7.2% $208 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $274,900 -1.8% $225 / Sq Ft
02/06/2025 02/06/25 Price Changed $279,900 -3.4% $229 / Sq Ft
02/01/2025 02/01/25 Price Changed $289,900 0.0% $237 / Sq Ft
01/31/2025 01/31/25 For Sale $290,000 -- $237 / 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 $2,227 $254,067 $0 $254,067
2023 $1,813 $164,473 $0 $164,473
2022 $1,685 $164,473 $0 $164,473
2021 $1,620 $164,473 $0 $164,473
2020 $1,591 $164,473 $0 $164,473
2019 $1,354 $115,078 $0 $115,078
2018 $1,277 $115,078 $0 $115,078
2017 $1,217 $115,078 $0 $115,078
2016 $1,192 $115,078 $0 $115,078
2015 $1,081 $102,460 $0 $102,460
2014 $1,026 $102,460 $0 $102,460
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,250 New Conventional
Closed $191,250 New Conventional
Previous Owner $87,200 New Conventional
Previous Owner $82,400 Unknown
Previous Owner $20,600 Stand Alone Second
Previous Owner $95,400 Purchase Money Mortgage
Previous Owner $95,625 No Value Available
Previous Owner $94,141 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $255,000 None Listed On Document
Warranty Deed $255,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $101,000 --
Warranty Deed $112,500 --
Source: Public Records

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Source: Doorify MLS

MLS Number: 10073899

Doorify MLS

APN: 0793.09-16-8405-018