Last Sold Price
4 beds1,261 sqft$193/sqft
1430 Collegeview Ave, Unit 304, Raleigh, NC 27606

Description

Investor's dream. 4 bed/4 bath condo (3rd floor) near both centennial campus and north main campus at NCSU. Fully rented always. Near several wolf line buses. All 4 leases end on 7/31/2022 with rent $1715 (tenants pay electricity/internet, no gas, water covered by HOA dues). The condo is sold at As is condition. Seller is licensed RE agent & keeps the investment condo for 15 years. Very good cash flow and appreciation--see financials analysis in last picture. Have to sell it for a 1031 exchange project.Investor's dream. 4 bed/4 bath condo (3rd floor) near both centennial campus and north main campus at NCSU. Fully rented always. Near several wolf line buses. All 4 leases end on 7/31/2022 with rent $1715 (tenants pay electricity/internet, no gas, water covered by HOA dues). The condo is sold at As is condition. Seller is licensed RE agent & keeps the investment condo for 15 years. Very good cash flow and appreciation--see financials analysis in last picture. Have to sell it for a 1031 exchange project.
LISTING CLOSED: 02/11/2022 12:00 AM

  1. Listed by Wee Jiang • CHK Realty

Property Details for 1430 Collegeview Avenue, Unit 304

Status
MLS #
2427140
Pet Policy
-
Taxes
$1,619 / year
HOA Fees
$250 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Attached
Year Built
1999
Subdivision
University Glen
HOA Fees
$250.00
Association Fee2
$.00

Recent comparable sales

Median sold price

$272,500

Avg days on market

34

Sale-to-list ratio

96.4%

Raleigh, NC

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Location

Add your commute

Building Information for 1430 Collegeview Avenue, Unit 304

Building/Complex1430 Collegeview AveFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1999

Payment Calculator

$1,620 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,235

Property Taxes

$135

HOA Dues

$250

The Payment Calculator is for illustrative purposes only.

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Property Information for 1430 Collegeview Avenue, Unit 304

Summary
Location and General Information
  • Directions: From 440 take NC State Exit toward DowntownRaleigh, stay on Western Blvd, turn Right toGorman Street, Turn Left to Marcom St. Collegeview is on the Right.
  • Subdivision Name: University Glen
  • Latitude: 35.779008
  • Longitude: -78.685583
Taxes and HOA Information
  • Association Fee Includes: Area Lights, Trash, Roof, Water
  • Association: Yes
  • Tax Lot: 304
  • Tax Annual Amount: $1,619.00
Owner
  • Ownership Type: Condo
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Parking Features: Parking Lot
  • Carport Spaces: 0.0
  • Carport: No
  • Attached Garage: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
Property
Lot Information
  • Architectural Style: Traditional
  • Farm Land Area Units: Square Feet
  • Structure Type: Other, Site Built
Property and Assessments
  • New Construction: No
  • Photos Count: 10
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Ext
  • Roof: Shingle
  • New Construction Type: Vinyl Ext, Other, Site Built
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Y N: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Heat Pump, No Fuel Heat
  • Heating?: Yes
  • Appliances: Gas Water Heater, Water Htr Age 6+ Yrs
  • Equipment Appliances: Gas Water Heater, Water Htr Age 6+ Yrs
  • Interior: Parking Lot, Vinyl Ext
  • Equipment: Gas Water Heater, Water Htr Age 6+ Yrs, Parking Lot
Room Information
Room Information
  • Rooms Total: 6.0
Agent
Sale and Listing
  • For Sale YN: No
  • Property Class Name: Residential

Property History for 1430 Collegeview Avenue, Unit 304

DateEvent & SourcePriceAppreciation
Feb 11, 2022

Sold

TRIANGLEMLS #2427140

$243,000
Feb 11, 2022

Pending

TRIANGLEMLS #2427140

Feb 11, 2022

Sold

TRIANGLEMLS #2427140

$243,000
DateEvent & SourcePrice
02/11/2022

Sold

TRIANGLEMLS #2427140

$243,000
02/11/2022

Pending

TRIANGLEMLS #2427140

02/11/2022

Sold

TRIANGLEMLS #2427140

$243,000

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

Public Records for 1430 Collegeview Avenue, Unit 304

Taxable ValueLand-Additions$268,348Total-
Tax Record2025$2,360 ($197 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,261 SqFtAbove Grade Finished SqFt1,261 SqFtStories1StyleCondominiumYear Built1999ZoningRX-3CountyWAKEAPN0793.06-38-2541 0256680

Schools near 1430 Collegeview Avenue, Unit 304

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
Weatherstone Elementary School
PublicPK to 5

Davis Drive Middle
Public6 to 8

Athens Drive High
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 CHK Realty

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.