Sold
Last Sold Price
4 beds1,224 sqft
1521 Graduate Ln, Unit 302, Raleigh, NC 27606
CondoProperty Type
1996Year Built
$228/sq ftPrice per sq ft
$210/moHOA Fees
4 carsParking Spaces

Description

Investor Alert on a Great Deal! Could also be a Primary Residence! Totally Updated 3rd Floor Condo within walking Distance of The McKimmon Center at NC State! Use Wilson Properties and rent the unit for $2,500 per month! Brand new Flooring, Brand New Appliances, Brand New Quartz Counter Tops plus Fresh Paint! The HVAC was replaced in 2023 - so only 2 years old! Each bedroom comes w/ its own full bath & walk-in closet. Laundry in the unit with Brand New Washer & Dryer! Fridge, Washer, Dryer included.Investor Alert on a Great Deal! Could also be a Primary Residence! Totally Updated 3rd Floor Condo within walking Distance of The McKimmon Center at NC State! Use Wilson Properties and rent the unit for $2,500 per month! Brand new Flooring, Brand New Appliances, Brand New Quartz Counter Tops plus Fresh Paint! The HVAC was replaced in 2023 - so only 2 years old! Each bedroom comes w/ its own full bath & walk-in closet. Laundry in the unit with Brand New Washer & Dryer! Fridge, Washer, Dryer included.
  • Listed by: Ed Karazin 919.924.4991 edkarazin@remax.net Brokerage DRE #C30763 • RE/MAX One Hundred
Listing closed: 09/12/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10117861

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Recent comparable sales

Median sold price

$278,500

Avg days on market

45

Sale-to-list ratio

97.0%

Raleigh, NC

9 comparable properties found

$286,000 | 1511 Graduate Lane, Unit 202, Raleigh, NC 27606
1/17
1

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Sold 10/21/24

4
Bedrooms
1,177
Square Feet
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Acres
$301,000 | 1440 Collegeview Avenue, Unit 301, Raleigh, NC 27606
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2

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4
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1,261
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Unavailable
Acres
$268,500 | 1303 Kent Road, Unit 204, Raleigh, NC 27606
1/27
3

$268,500

Sold 05/29/26

4
Bedrooms
1,313
Square Feet
Unavailable
Acres
$272,500 | 1305 Kent Road, Unit 202, Raleigh, NC 27606
1/17
4

$272,500

Sold 07/02/26

4
Bedrooms
1,332
Square Feet
Unavailable
Acres
a living room with furniture a chandelier and a window
1/12
5

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Sold 12/04/24

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1,254
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Unavailable
Acres
$278,500 | 1140 Carlton Avenue, Unit 201, Raleigh, NC 27606
1/20
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$278,500

Sold 07/24/25

4
Bedrooms
1,287
Square Feet
Unavailable
Acres
$280,000 | 1130 Carlton Avenue, Unit 103, Raleigh, NC 27606
1/15
7

$280,000

Sold 07/15/25

4
Bedrooms
1,289
Square Feet
Unavailable
Acres
$265,000 | 1120 Carlton Avenue, Unit 301, Raleigh, NC 27606
1/13
8

$265,000

Sold 05/29/26

4
Bedrooms
1,287
Square Feet
Unavailable
Acres
$261,000 | 1110 Carlton Avenue, Unit 204, Raleigh, NC 27606
1/13
9

$261,000

Sold 08/28/26

4
Bedrooms
1,287
Square Feet
Unavailable
Acres

Location

Listing Courtesy of RE/MAX One Hundred

Sold By Christina Valkanoff Realty Group

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Payment Calculator

$1,838 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,442

Property Taxes

$186

HOA Dues

$210

The Payment Calculator is for illustrative purposes only.

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Property Information for 1521 Graduate Lane, Unit 302

Property Details
  • Taxes: $2,236 / year
  • MLS Type: Residential / Condominium
  • County: Wake County
  • Subdivision: University Commons Condos
Building Information
  • Building/Complex: 1521 Graduate Ln
  • Floor: 3
  • Year Built: 1996
Summary
Location and General Information
  • Directions: Head northeast on I-440 E. Take the exit toward Western Blvd. Turn right onto Gorman St. Turn left onto Graduate Ln. Building is on your left.
  • Subdivision Name: University Commons Condos
  • Latitude: 35.773003
  • Longitude: -78.69052
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association Fee: $210.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Wilson Property Mgmt
  • Association Phone2: (919)782-1717
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,235.72
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 302
  • Has Restrictive Covenants: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-09-01
School Information
  • Elementary School: Wake - Combs Elementary
  • Middle Or Junior School: Wake - Centennial Campus Middle
  • High School: Wake - Athens Drive High
Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Parking Lot, Private
  • Garage: No
Property
Lot Information
  • Building Area Total: 1224.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 0793168405
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: No
  • Has Primary Residence: No
  • Sold PriceList Price: 1.0
Property and Assessments
  • New Construction: No
  • Common Walls: 1 Common Wall, End Unit
  • Community Features: None
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Maintenance Grounds, Management, Trash
  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • New Construction Type: Site Built, Vinyl Siding
Interior Features
  • Levels: Tri-Level
  • Master Bedroom 1st Floor: No
  • Flooring: Carpet, Luxury Vinyl
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Has Heating: Yes
  • Appliances: Disposal, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
  • Laundry Features: Laundry Closet
  • Interior Features: Entrance Foyer, Living/Dining Room Combination, Bathtub/Shower Combination, Quartz Counters
Room Information
Room 1
  • Type: Primary Bedroom
  • Level: Third
  • Length: 11.5
  • Width: 11.0
Room 2
  • Type: Bedroom 2
  • Level: Third
  • Length: 11.0
  • Width: 10.75
Room 3
  • Type: Bedroom 3
  • Level: Third
  • Length: 11.0
  • Width: 10.75
Room 4
  • Type: Bedroom 4
  • Level: Third
  • Length: 11.0
  • Width: 10.75
Room 5
  • Type: Laundry
  • Level: Third
  • Length: 8.0
  • Width: 4.0

Property History for 1521 Graduate Lane, Unit 302

DateEvent & SourcePriceAppreciation
Sep 12, 2025

Sold

Doorify MLS (fka Triangle MLS) #10117861

$279,000
Sep 9, 2025

Sold (Public Record)

Public Record #1913919680

$279,000

+4.7% / yr

Sep 1, 2025

Pending

Doorify MLS (fka Triangle MLS) #10117861

DateEvent & SourcePrice
09/12/2025

Sold

Doorify MLS (fka Triangle MLS) #10117861

$279,000
09/09/2025

Sold (Public Record)

Public Record #1913919680

$279,000

+4.7% / yr

09/01/2025

Pending

Doorify MLS (fka Triangle MLS) #10117861

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

Public Records for 1521 Graduate Lane, Unit 302

Taxable ValueLand-Additions$254,067Total-
Tax Record2025$2,236 ($186 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories1StyleCondominiumYear Built1996ZoningR-10CountyWAKEAPN0793.09-16-8405 0226559

Schools near 1521 Graduate Lane, Unit 302

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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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 RE/MAX One Hundred

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.