Sold
Last Sold Price
4 beds1,178 sqft
1430 Collegiate Cir, Unit 102, Raleigh, NC 27606
CondoProperty Type
1999Year Built
$231/sq ftPrice per sq ft
$202/moHOA Fees

Description

Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities...Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.
  • Listed by: Naama Shaked 919.670.6380 naama.shaked@bhhsysu.com Brokerage DRE #C9751 • Berkshire Hathaway HomeService
Listing closed: 07/22/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10077089

Location

Listing Courtesy of Berkshire Hathaway HomeService

Sold By Christina Valkanoff Realty Group

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Payment Calculator

$1,805 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,406

Property Taxes

$197

HOA Dues

$202

The Payment Calculator is for illustrative purposes only.

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Property Information for 1430 Collegiate Circle, Unit 102

Property Details
  • Taxes: $2,368 / year
  • MLS Type: Residential / Condominium
  • County: Wake County
  • Subdivision: University Commons Lake Pk
Building Information
  • Building/Complex: 1430 Collegiate Cir
  • Floor: 1
  • Year Built: 1999
Summary
Location and General Information
  • Directions: I-40 West to Gorman Street, Right on Gorman, left on Avent Ferry, left on Crab Orchard, left on Collegiate
  • Subdivision Name: University Commons Lake Pk
  • Latitude: 35.761935
  • Longitude: -78.700841
Taxes and HOA Information
  • Association Fee: $202.40
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash, Water
  • Association Name: Wilson Management
  • Association Phone2: 919-782-1717
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,367.66
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 102
  • Has Restrictive Covenants: Yes
Contract Information
  • Lease Expiration Date: 2025-07-31
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-06-13
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking: Yes
  • Parking Features: Common, Parking Lot
  • Garage: No
Property
Lot Information
  • Building Area Total: 1178.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 102
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: No
  • Sold PriceList Price: 0.97
Property and Assessments
  • New Construction: No
  • Community Features: Pool, Sidewalks, Tennis Court(s)
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Pool, Tennis Court(s)
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Swimming Pool Com/Fee
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Master Bedroom 1st Floor: Yes
  • Flooring: Carpet, Vinyl
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Water Heater
  • Laundry Features: In Unit
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)
Room Information
Room 1
  • Type: Primary Bedroom
  • Level: Main
  • Length: 11.5
  • Width: 10.0
Room 2
  • Type: Bedroom 2
  • Level: Main
  • Length: 11.5
  • Width: 10.0
Room 3
  • Type: Bathroom 3
  • Level: Main
  • Length: 11.5
  • Width: 10.0
Room 4
  • Type: Bathroom 4
  • Level: Main
  • Length: 11.5
  • Width: 10.0
Room 5
  • Type: Kitchen
  • Level: Main
  • Length: 7.5
  • Width: 8.0
Room 6
  • Type: Living Room
  • Level: Main
  • Length: 11.6
  • Width: 25.2
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 1430 Collegiate Circle, Unit 102

DateEvent & SourcePriceAppreciation
Jul 22, 2025

Sold

Doorify MLS (fka Triangle MLS) #10077089

$272,000
Jun 13, 2025

Sold (Public Record)

Public Record #1907196194

$272,000

+4.8% / yr

May 29, 2025

Pending

Doorify MLS (fka Triangle MLS) #10077089

DateEvent & SourcePrice
07/22/2025

Sold

Doorify MLS (fka Triangle MLS) #10077089

$272,000
06/13/2025

Sold (Public Record)

Public Record #1907196194

$272,000

+4.8% / yr

05/29/2025

Pending

Doorify MLS (fka Triangle MLS) #10077089

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

Public Records for 1430 Collegiate Circle, Unit 102

Taxable ValueLand-Additions$270,312Total-
Tax Record2025$2,377 ($198 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1Lot Size436 SqFtStyleCondominiumYear Built1999ZoningR-10CountyWAKEAPN0783.16-82-7337 0255598

Schools near 1430 Collegiate Circle, Unit 102

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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Listing Courtesy of Berkshire Hathaway HomeService

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.