Sold
Last Sold Price
4 beds1,219 sqft

1221 University Ct, Unit 302, Raleigh, NC 27606

CondoProperty Type
1997Year Built
$213/sq ftPrice per sq ft
$184/moHOA Fees

Description

Great Investment Opportunity! 3rd Floor Unit Condo in fantastic Raleigh location with 4 bedrooms and 4 individual private full baths. Floor plan features common area living, kitchen and dining space, laundry and balcony with storage. Tenants currently in place with monthly rental income of $1910. One lease month to month, 2nd- 04/30 and 3rd & 4th-05/31. Newer AC and water heater (2020). Low maintenance flooring with no carpet to replace. Fabulous location close to NC State (on the Wolf Line), Meredith...Great Investment Opportunity! 3rd Floor Unit Condo in fantastic Raleigh location with 4 bedrooms and 4 individual private full baths. Floor plan features common area living, kitchen and dining space, laundry and balcony with storage. Tenants currently in place with monthly rental income of $1910. One lease month to month, 2nd- 04/30 and 3rd & 4th-05/31. Newer AC and water heater (2020). Low maintenance flooring with no carpet to replace. Fabulous location close to NC State (on the Wolf Line), Meredith College, downtown Raleigh and major highways. Walk to Lake Johnson. The Lake park community includes a pool, volleyball and basketball courts, grilling areas and so much more!
  • Listed by: Rhonda Benkiel 919.609.8333 rhondabenkiel@gmail.com Brokerage DRE #C25876 • The NC Real Estate Firm, LLC
Listing closed: 11/15/2022 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2480509
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Recent comparable sales

Median sold price

$270,999

Avg days on market

32

Sale-to-list ratio

95.3%

Raleigh, NC

9 comparable properties found

$282,500 | 1221 University Court, Unit 203, Raleigh, NC 27606
1/32
1

$282,500

Sold 08/26/25

4
Bedrooms
1,219
Square Feet
Unavailable
Acres
$261,000 | 1241 University Court, Unit 204, Raleigh, NC 27606
1/35
2

$261,000

Sold 12/23/25

4
Bedrooms
1,165
Square Feet
Unavailable
Acres
$270,999 | 1411 Collegiate Circle, Unit 302, Raleigh, NC 27606
1/44
3

$270,999

Sold 02/24/26

4
Bedrooms
1,219
Square Feet
Unavailable
Acres
$242,101 | 1331 Crab Orchard Drive, Unit 1, Raleigh, NC 27606
1/13
4

$242,101

Sold 07/18/25

4
Bedrooms
1,219
Square Feet
Unavailable
Acres
$285,000 | 1230 University Court, Unit 102, Raleigh, NC 27606
1/26
5

$285,000

Sold 08/08/25

4
Bedrooms
1,215
Square Feet
Unavailable
Acres
$262,000 | 1230 University Court, Unit 203, Raleigh, NC 27606
1/12
6

$262,000

Sold 11/25/25

4
Bedrooms
1,219
Square Feet
Unavailable
Acres
$264,000 | 1341 Crab Orchard Drive, Unit 303, Raleigh, NC 27606
1/26
7

$264,000

Sold 07/27/26

4
Bedrooms
1,219
Square Feet
Unavailable
Acres
$272,000 | 1430 Collegiate Circle, Unit 102, Raleigh, NC 27606
1/5
8

$272,000

Sold 07/22/25

4
Bedrooms
1,178
Square Feet
Unavailable
Acres
a bedroom with a bed and a window
1/12
9

$298,000

Sold 11/25/24

4
Bedrooms
1,200
Square Feet
Unavailable
Acres

Location

Listing Courtesy of The NC Real Estate Firm, LLC

Sold By Costello Real Estate & Investm

Add your commute
Payment Calculator

$1,717 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,388

Property Taxes

$145

HOA Dues

$184

The Payment Calculator is for illustrative purposes only.
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Property Information for 1221 University Court, Unit 302

Property Details

  • Taxes: $1,735 / year
  • MLS Type: Residential / Condominium
  • County: Wake County
  • Zoning Description: R-10
  • Subdivision: Lakepark Condos

Building Information

  • Building/Complex: 1221 University Ct
  • Floor: 3
  • Year Built: 1997

Summary

Location and General Information
  • Zoning: R-10
  • Directions: Take Hwy 40 to Gorman St. Turn Left on Avent Ferry Rd. Left on Crab Orchard. Left on University Court. The building is on the Right.
  • Subdivision Name: Lakepark Condos
  • Latitude: 35.763227
  • Longitude: -78.701661
Taxes and HOA Information
  • Association Fee: $184.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Trash
  • Association Name: Wilson Property Mgmt
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $1,735.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Has Restrictive Covenants: Yes
Contract Information
  • Lease Expiration Date: 2023-05-31
  • Original Listing ID: 2480509
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
Owner
  • Ownership Type: Condominium
School Information
  • Elementary School: Buncombe County Schools
  • Middle Or Junior School: Wake - Centennial Campus Middle
  • High School: Wake - Athens Drive High
Parking
  • Parking Features: Parking Lot
  • Carport: No
  • Garage: No

Property

Lot Information
  • Building Area Total: 1219.0
  • Lot Size Dimensions: see survey
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0.0
  • Structure Type: Site Built
  • Sold PriceList Price: 0.96
Property and Assessments
  • New Construction: No
  • Community Features: Street Lights
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Association Amenities: Pool
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • New Construction Type: Site Built, Vinyl Siding
Interior Features
  • Levels: Three Or More
  • Has Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Electric, Heat Pump
  • Has Heating: Yes
  • Appliances: Electric Water Heater
  • Interior Features: Entrance Foyer, Storage

Room Information

Room Information
  • Rooms Total: 6.0
Room 1
  • Type: Entrance Hall
  • Level: Third
Room 2
  • Type: Dining Room
  • Level: Third
Room 3
  • Type: Family Room
  • Level: Third
Room 4
  • Type: Kitchen
  • Level: Third
Room 5
  • Type: Bedroom 2
  • Level: Third
Room 6
  • Type: Bedroom 3
  • Level: Third
Room 7
  • Type: Bedroom 4
  • Level: Third
Room 8
  • Type: Bedroom 5
  • Level: Third
Room 9
  • Type: Utility Room
  • Level: Third
Room 10
  • Type: Bathroom 2
  • Level: Main

Property History for 1221 University Court, Unit 302

DateEvent & SourcePriceAppreciation
Nov 15, 2022

Sold (Public Record)

Public Record #1501440886

$260,000—
Nov 15, 2022

Sold

Doorify MLS (fka Triangle MLS) #2480509

$260,000—
Nov 4, 2022

Pending

Doorify MLS (fka Triangle MLS) #2480509

—
DateEvent & SourcePrice
11/15/2022

Sold (Public Record)

Public Record #1501440886

$260,000
11/15/2022

Sold

Doorify MLS (fka Triangle MLS) #2480509

$260,000
11/04/2022

Pending

Doorify MLS (fka Triangle MLS) #2480509

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1221 University Court, Unit 302

Beds

0

Baths

3.5

Total Finished SqFt

1,219 SqFt

Above Grade Finished SqFt

1,219 SqFt

Stories

1

Lot Size

436 SqFt

Schools near 1221 University Court, Unit 302

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Combs Elementary
PublicPK to 5

Centennial Campus Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The NC Real Estate Firm, LLC

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.