Sold
Last Sold Price
4 beds1,177 sqft
1511 Graduate Ln, Unit 202, Raleigh, NC 27606
CondoProperty Type
1996Year Built
$243/sq ftPrice per sq ft
$210/moHOA Fees
2 carsParking Spaces

Description

Don't miss this exceptional investment opportunity! This spacious 4-bedroom, 4-bathroom condo is a true gem, located just 5 minutes from NC State and all that Raleigh has to offer. This 2nd-floor unit has been recently updated with fresh paint, new carpet in select areas, and a 2021 HVAC system, ensuring low maintenance costs for years to come. The carpets have been professionally cleaned, and the condo is empty and move-in ready. Condos in this area lease for $2,100 during the off-season and up...Don't miss this exceptional investment opportunity! This spacious 4-bedroom, 4-bathroom condo is a true gem, located just 5 minutes from NC State and all that Raleigh has to offer. This 2nd-floor unit has been recently updated with fresh paint, new carpet in select areas, and a 2021 HVAC system, ensuring low maintenance costs for years to come. The carpets have been professionally cleaned, and the condo is empty and move-in ready. Condos in this area lease for $2,100 during the off-season and up to $2,700 during pre-leasing season, providing strong rental income potential. The HOA takes care of exterior maintenance, roof, grounds, and garbage disposal, making this property an easy, hassle-free investment. Seize this opportunity now and secure a great return on investment!
  • Listed by: Naama Shaked 919.670.6380 naama.shaked@bhhsysu.com Brokerage DRE #C9751 • Berkshire Hathaway HomeService
Listing closed: 10/21/2024 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10052089

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Location

Listing Courtesy of Berkshire Hathaway HomeService

Sold By Avian Realty Group LLC

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Payment Calculator

$1,922 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,527

Property Taxes

$186

HOA Dues

$210

The Payment Calculator is for illustrative purposes only.

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Property Information for 1511 Graduate Lane, Unit 202

Property Details
  • Taxes: $2,227 / year
  • MLS Type: Residential / Condominium
  • County: Wake County
  • Subdivision: University Commons Condos
Building Information
  • Building/Complex: 1511 Graduate Ln
  • Floor: 2
  • Year Built: 1996
Summary
Location and General Information
  • Directions: From Gorman Street turn into Graduate Lane. Condo is ahead, unit 1511.
  • Subdivision Name: University Commons Condos
  • Latitude: 35.773138
  • Longitude: -78.69027
Taxes and HOA Information
  • Association Fee: $210.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Association Name: Wilson Property Mangement
  • Association Phone2: 919-782-1717
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,226.57
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 03
  • Has Restrictive Covenants: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Lot, Unassigned
  • Garage: No
Property
Lot Information
  • Building Area Total: 1177.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 03
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: No
  • Sold PriceList Price: 1.0
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Maintenance Grounds, Maintenance Structure, Trash
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Master Bedroom 1st Floor: Yes
  • Flooring: Carpet, Vinyl
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Appliances: Dryer, Electric Range, Refrigerator, Range Hood, Washer
  • Laundry Features: Laundry Closet, In Unit
Room Information
Room 1
  • Type: Dining Room
  • Level: Main
  • Length: 11.5
  • Width: 9.19
Room 2
  • Type: Living Room
  • Level: Main
  • Length: 11.5
  • Width: 15.3
Room 3
  • Type: Primary Bedroom
  • Level: Main
  • Length: 11.4
  • Width: 9.8
Room 4
  • Type: Bedroom 2
  • Level: Main
  • Length: 11.4
  • Width: 9.9
Room 5
  • Type: Bedroom 3
  • Level: Main
  • Length: 11.5
  • Width: 10.0
Room 6
  • Type: Bathroom 4
  • Level: Main
  • Length: 11.5
  • Width: 12.1
Room 7
  • Type: Kitchen
  • Level: Main
  • Length: 7.5
  • Width: 8.8

Property History for 1511 Graduate Lane, Unit 202

DateEvent & SourcePriceAppreciation
Oct 21, 2024

Sold

Doorify MLS (fka Triangle MLS) #10052089

$286,000—
Sep 19, 2024

Pending

Doorify MLS (fka Triangle MLS) #10052089

—
Sep 12, 2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10052089

$285,000—
DateEvent & SourcePrice
10/21/2024

Sold

Doorify MLS (fka Triangle MLS) #10052089

$286,000
09/19/2024

Pending

Doorify MLS (fka Triangle MLS) #10052089

—
09/12/2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10052089

$285,000

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

Public Records for 1511 Graduate Lane, Unit 202

Taxable ValueLand-Additions$254,067Total-
Tax Record2025$2,236 ($186 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories1Lot Size436 SqFtStyleCondominiumYear Built1996ZoningR-10CountyWAKEAPN0793.09-16-8405 0226569

Schools near 1511 Graduate Lane, Unit 202

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

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.