1420 Collegiate Circle, Unit 104
Description
$2,400, long-Term Leases. This spacious first-floor condo offers an incredible investment opportunity with a solid long-term lease in place. Each of the four bedrooms includes its own private full bathroom and walk-in closet, providing privacy and convenience for tenants. Recent upgrades include new laminate flooring throughout and brand-new appliances, ensuring a modern and fresh living space....Excellent Investment Opportunity! 4 Bedrooms, 4 Full Bathrooms | First-Floor Condo. Monthy rent income of
$2,400, long-Term Leases. This spacious first-floor condo offers an incredible investment opportunity with a solid long-term lease in place. Each of the four bedrooms includes its own private full bathroom and walk-in closet, providing privacy and convenience for tenants. Recent upgrades include new laminate flooring throughout and brand-new appliances, ensuring a modern and fresh living space. Walking distance to Lake Johnson Close to scenic walking trails and North Carolina State University (NCSU)
Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh, I-40, and major commuting routes
Community Amenities include, Pool
Volleyball and basketball courts
Walking trails leading to the lake
This is a fantastic opportunity for a reliable rental income in a desirable location!
- Listed by: Daxay Malkan • Esteem Properties
Recent comparable sales
Median sold price
$270,999
Avg days on market
31
Sale-to-list ratio
96.5%
Raleigh, NC
9 comparable properties found
$272,000
Sold 07/22/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,178
- Square Feet
- Unavailable
- Acres
$275,000
Sold 10/11/24
- 4
- Bedrooms
- 4
- Bathrooms
- 1,210
- Square Feet
- Unavailable
- Acres
$270,999
Sold 02/24/26
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
$279,500
Sold 02/04/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
$290,000
Sold 11/16/24
- 4
- Bedrooms
- 4
- Bathrooms
- 1,241
- Square Feet
- Unavailable
- Acres
$264,000
Sold 07/27/26
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
$262,000
Sold 11/25/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
$261,000
Sold 10/01/24
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
$261,000
Sold 12/23/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,165
- Square Feet
- Unavailable
- Acres
Location
Sold By Compass -- Chapel Hill - Durham; Compass -- Raleigh
Payment Calculator
$1,896 per month
30 year fixed, 6.55% Interest
$1,515
$197
$184
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 1420 Collegiate Circle, Unit 104
- Taxes: $2,367 / year
- MLS Type: Residential / Condominium
- County: Wake County
- View: Yes
- Subdivision: University Commons Lake Pk
- Building/Complex: 1420 Collegiate Cir
- Floor: 1
- Year Built: 1998
- Directions: I-40 East to Gorman St in Raleigh. Take exit 295 from I-40 East and drive north on Gorman. Left on Avent Ferry. Left on Crab Orchard. Left onto Collegiate Cir. Building 1st on Right past Pool area at far end next to tree line
- Subdivision Name: University Commons Lake Pk
- Latitude: 35.761916
- Longitude: -78.701303
- Association Fee Includes: None
- Association: Yes
- Total HOA Dues: $184.00
- HOA 1 Fees Required: Yes
- Tax Annual Amount: $2,367.00
- City Limits Of: Raleigh
- City Limits YN: Yes
- Lot Number: 0
- Restrictive Covenants YN: Yes
- Lease Expiration Date: 2025-10-31
- Original MLS: Triangle MLS Inc
- Property Leased YN: Yes
- Years Owned: 1 or More Year(s)
- Elementary School: Wake - Combs
- Middle Or Junior School: Wake - Centennial Campus
- High School: Wake - Athens Dr
- Open Parking: Yes
- Garage: No
- Building Area Total: 1200.0
- Architectural Style: Traditional
- Total Other Area Sq Ft: 0
- Parcel Number: 0783826312
- Enhanced Accessible: No
- Primary Residence YN: No
- Sold PriceList Price: 0.98
- New Construction: No
- Photos Count: 11
- Below Grade Finished Area: 0.0
- Below Grade Finished Area Units: Square Feet
- Senior Community: No
- Sewer: Public Sewer
- Water Source: Public
- Water_Sewer: Public, Public Sewer
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Pool Private: No
- Roof: Shingle
- New Construction Type: Vinyl Siding
- Levels: One
- Flooring: Laminate
- Cooling: Central Air
- Cooling?: Yes
- Heating: Central
- Heating?: Yes
- Interior: Vinyl Siding
- Rooms Total: 11.0
- Room Level: Main
- Room Type: Primary Bedroom
- Room Level: Main
- Room Type: Bedroom 2
- Room Level: Main
- Room Type: Bedroom 3
- Room Level: Main
- Room Type: Bedroom 4
- Room Level: Main
- Room Type: Primary Bathroom
- Room Level: Main
- Room Type: Bathroom 2
- Room Level: Main
- Room Type: Bathroom 3
- Room Level: Main
- Room Type: Bathroom 4
- Room Level: Main
- Room Type: Family Room
- Room Level: Main
- Room Type: Kitchen
- Room Level: Main
- Room Type: Laundry
- Property Type: Residential
- Property Class Name: CrossProperty
- Lease Term: 12 Months
Property History for 1420 Collegiate Circle, Unit 104
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 26, 2024 | Sold TRIANGLEMLS #10057404 | — | |
| Nov 26, 2024 | Pending TRIANGLEMLS #10057404 | — | |
| Nov 25, 2024 | Sold TRIANGLEMLS #10057404 | $298,000 | — |
| Oct 14, 2024 | Pending TRIANGLEMLS #10057404 | — | |
| Oct 9, 2024 | Listed (Active) TRIANGLEMLS #10057404 | $305,000 | — |
| Jul 15, 2015 | Sold TRIANGLEMLS #1974069 | — | |
| Dec 15, 2014 | Pending TRIANGLEMLS #1974069 | — | |
| Dec 12, 2014 | Sold TRIANGLEMLS #1974069 | $107,000 | — |
| Dec 12, 2014 | Sold AMLS #1974069 | $107,000 | — |
| Dec 12, 2014 | Sold TRIANGLEMLS #1974069 | $107,000 | — |
| Dec 8, 2014 | Sold (Public Record) Public Record #484097019 | $107,000 | +0.6% / yr |
| Nov 10, 2014 | Pending TRIANGLEMLS #1974069 | — | |
| Oct 10, 2014 | Listed (Active) TRIANGLEMLS #1974069 | $112,000 | — |
| Oct 10, 2014 | Listed (Active) TRIANGLEMLS #1974069 | $112,000 | — |
| Oct 10, 2014 | Listed (Active) AMLS #1974069 | $112,000 | — |
| Nov 8, 2006 | Sold (Public Record) Public Record #209662192 | $102,000 | — |
| Aug 15, 2006 | Sold (Public Record) Public Record #200427836 | $102,000 | — |
| Jul 31, 2001 | Sold AMLS #588937 | $106,500 | — |
| Jul 31, 2001 | Sold TRIANGLEMLS #588937 | $106,500 | — |
| Jul 31, 2001 | Sold TRIANGLEMLS #588937 | $106,500 | — |
| Jun 4, 2001 | Pending TRIANGLEMLS #588937 | — | |
| Mar 29, 2001 | Listed (Active) TRIANGLEMLS #588937 | $113,500 | — |
| Mar 29, 2001 | Listed (Active) AMLS #588937 | $113,500 | — |
| Mar 29, 2001 | Listed (Active) TRIANGLEMLS #588937 | $113,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/26/2024 | Sold TRIANGLEMLS #10057404 | — |
| 11/26/2024 | Pending TRIANGLEMLS #10057404 | — |
| 11/25/2024 | Sold TRIANGLEMLS #10057404 | $298,000 |
| 10/14/2024 | Pending TRIANGLEMLS #10057404 | — |
| 10/09/2024 | Listed (Active) TRIANGLEMLS #10057404 | $305,000 |
| 07/15/2015 | Sold TRIANGLEMLS #1974069 | — |
| 12/15/2014 | Pending TRIANGLEMLS #1974069 | — |
| 12/12/2014 | Sold TRIANGLEMLS #1974069 | $107,000 |
| 12/12/2014 | Sold AMLS #1974069 | $107,000 |
| 12/12/2014 | Sold TRIANGLEMLS #1974069 | $107,000 |
| 12/08/2014 | Sold (Public Record) Public Record #484097019 | $107,000 +0.6% / yr |
| 11/10/2014 | Pending TRIANGLEMLS #1974069 | — |
| 10/10/2014 | Listed (Active) TRIANGLEMLS #1974069 | $112,000 |
| 10/10/2014 | Listed (Active) TRIANGLEMLS #1974069 | $112,000 |
| 10/10/2014 | Listed (Active) AMLS #1974069 | $112,000 |
| 11/08/2006 | Sold (Public Record) Public Record #209662192 | $102,000 |
| 08/15/2006 | Sold (Public Record) Public Record #200427836 | $102,000 |
| 07/31/2001 | Sold AMLS #588937 | $106,500 |
| 07/31/2001 | Sold TRIANGLEMLS #588937 | $106,500 |
| 07/31/2001 | Sold TRIANGLEMLS #588937 | $106,500 |
| 06/04/2001 | Pending TRIANGLEMLS #588937 | — |
| 03/29/2001 | Listed (Active) TRIANGLEMLS #588937 | $113,500 |
| 03/29/2001 | Listed (Active) AMLS #588937 | $113,500 |
| 03/29/2001 | Listed (Active) TRIANGLEMLS #588937 | $113,500 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1420 Collegiate Circle, Unit 104
Schools near 1420 Collegiate Circle, Unit 104
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.
Similar Homes
New listings in 27606
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 1420 Collegiate Circle, Unit 104, Raleigh, NC 27606 | $298,000 | 4 | 4 | 1,200 | – |
$1,500 | – | 5 | 1,219 | 435 | |
$117,000 | 4 | 4 | 1,219 | – | |
$125,673 | 4 | 4 | 1,219 | – | |
$148,000 | 4 | 4 | 1,219 | 0 | |
$94,000 | 4 | 4 | 1,219 | – | |
$133,000 | – | 5 | 1,219 | – | |
– | – | – | – | 52,272 | |
$103,500 | 4 | 4 | 1,219 | – | |
$102,000 | – | 5 | 1,219 | – | |
$110,500 | – | 5 | 1,219 | – | |
$95,000 | 4 | 4 | 1,219 | – | |
$218,000 | 4 | 4 | 1,185 | – | |
$99,500 | 4 | 4 | 1,219 | – | |
$260,000 | 4 | 4 | 1,200 | – |
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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 Esteem Properties
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.
