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 919.332.6991 dax321@hotmail.com Brokerage DRE #C18767 • Esteem Properties
Recent comparable sales
Median sold price
$270,999
Avg days on market
37
Sale-to-list ratio
96.7%
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
$282,500
Sold 08/26/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
$285,000
Sold 08/08/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,215
- 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 12/23/25
- 4
- Bedrooms
- 4
- Bathrooms
- 1,165
- Square Feet
- Unavailable
- Acres
$260,000
Sold 10/18/24
- 4
- Bedrooms
- 4
- Bathrooms
- 1,219
- Square Feet
- Unavailable
- Acres
Location
Sold By Compass -- Chapel Hill - Durham; Compass -- Raleigh
Payment Calculator
$1,921 per month
30 year fixed, 6.71% Interest
$1,540
$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
- 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: $184.00
- Association Fee Frequency: Monthly
- Association Fee Includes: None
- Association Name: Wilson Property Mgt
- Association Phone2: (919) 782-1717
- Association: Yes
- HOA 1 Fees Required: Yes
- Tax Annual Amount: $2,367.00
- City Limits Of: Raleigh
- Has City Limits: Yes
- Has Restrictive Covenants: Yes
- Lease Expiration Date: 2025-10-31
- Original MLS: Triangle MLS Inc
- Has Property Leased: Yes
- Years Owned: 1 or More Year(s)
- Elementary School: Wake - Combs Elementary
- Middle Or Junior School: Wake - Centennial Campus Middle
- High School: Wake - Athens Drive High
- Open Parking: Yes
- Garage: No
- Building Area Total: 1200.0
- Architectural Style: Traditional
- Total Other Area Sq Ft: 0.0
- Parcel Number: 0783826312
- Enhanced Accessible: No
- Has Main Level Bedrooms: Yes
- Has Primary Residence: No
- Sold PriceList Price: 0.98
- New Construction: No
- Senior Community: No
- Sewer: Public Sewer
- Water Source: Public
- Association Amenities: Pool
- Construction Materials: Vinyl Siding
- Foundation Details: Slab
- Roof: Shingle
- New Construction Type: Vinyl Siding
- Levels: One
- Master Bedroom 1st Floor: Yes
- Flooring: Laminate
- Cooling: Central Air
- Has Cooling: Yes
- Heating: Central
- Has Heating: Yes
- Type: Primary Bedroom
- Level: Main
- Type: Bedroom 2
- Level: Main
- Type: Bedroom 3
- Level: Main
- Type: Bedroom 4
- Level: Main
- Type: Primary Bathroom
- Level: Main
- Type: Bathroom 2
- Level: Main
- Type: Bathroom 3
- Level: Main
- Type: Bathroom 4
- Level: Main
- Type: Family Room
- Level: Main
- Type: Kitchen
- Level: Main
- Type: Laundry
- Level: Main
- Lease Term: 12 Months
Property History for 1420 Collegiate Circle, Unit 104
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 25, 2024 | Sold Doorify MLS (fka Triangle MLS) #10057404 | $298,000 | — |
| Oct 14, 2024 | Pending Doorify MLS (fka Triangle MLS) #10057404 | — | |
| Oct 10, 2024 | Listed (Active) Doorify MLS (fka Triangle MLS) #10057404 | $305,000 | — |
| Dec 12, 2014 | Sold AMLS #1974069 | $107,000 | — |
| Dec 12, 2014 | Sold Doorify MLS (fka Triangle MLS) #1974069 | $107,000 | — |
| Dec 8, 2014 | Sold (Public Record) Public Record #484097019 | $107,000 | +0.6% / yr |
| Nov 10, 2014 | Pending Doorify MLS (fka Triangle MLS) #1974069 | — | |
| Oct 10, 2014 | Listed (Active) AMLS #1974069 | $112,000 | — |
| Oct 10, 2014 | Listed (Active) Doorify MLS (fka Triangle MLS) #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 Doorify MLS (fka Triangle MLS) #588937 | $106,500 | — |
| Jul 31, 2001 | Sold AMLS #588937 | $106,500 | — |
| Jun 4, 2001 | Pending Doorify MLS (fka Triangle MLS) #588937 | — | |
| Mar 29, 2001 | Listed (Active) Doorify MLS (fka Triangle MLS) #588937 | $113,500 | — |
| Mar 29, 2001 | Listed (Active) AMLS #588937 | $113,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/25/2024 | Sold Doorify MLS (fka Triangle MLS) #10057404 | $298,000 |
| 10/14/2024 | Pending Doorify MLS (fka Triangle MLS) #10057404 | — |
| 10/10/2024 | Listed (Active) Doorify MLS (fka Triangle MLS) #10057404 | $305,000 |
| 12/12/2014 | Sold AMLS #1974069 | $107,000 |
| 12/12/2014 | Sold Doorify MLS (fka Triangle MLS) #1974069 | $107,000 |
| 12/08/2014 | Sold (Public Record) Public Record #484097019 | $107,000 +0.6% / yr |
| 11/10/2014 | Pending Doorify MLS (fka Triangle MLS) #1974069 | — |
| 10/10/2014 | Listed (Active) AMLS #1974069 | $112,000 |
| 10/10/2014 | Listed (Active) Doorify MLS (fka Triangle MLS) #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 Doorify MLS (fka Triangle MLS) #588937 | $106,500 |
| 07/31/2001 | Sold AMLS #588937 | $106,500 |
| 06/04/2001 | Pending Doorify MLS (fka Triangle MLS) #588937 | — |
| 03/29/2001 | Listed (Active) Doorify MLS (fka Triangle MLS) #588937 | $113,500 |
| 03/29/2001 | Listed (Active) AMLS #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.
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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 | |
$260,000 | 4 | 4 | 1,200 | – | |
$305,000 | – | 3.5 | 1,219 | – | |
$148,000 | 4 | 4 | 1,219 | 0 | |
$133,000 | – | 5 | 1,219 | – | |
– | – | – | – | 52,272 | |
$103,500 | 4 | 4 | 1,219 | – | |
$102,000 | – | 5 | 1,219 | – | |
$110,500 | – | 5 | 1,219 | – | |
$218,000 | 4 | 4 | 1,185 | – | |
$99,500 | 4 | 4 | 1,219 | – |
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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.
