1431 Collegiate Circle, Unit 302

Raleigh, NC 27606

$272,500
Price
4
Beds
4
Baths
1,200 Sq. Ft.
$227 / Sq. Ft.
1,200
Sq. Ft.
$227
per Sq. Ft.

Description

No showings. Tenant occupied and only can see the property once under contract. Attention seasoned investors who understand the hassles and expenses associated with the traditional rental model. This turnkey multifamily investment comes with an innovative, proven rental model that minimizes background/income check hassles as well as the high cost of marketing for tenants, vacancies and evictions while providing a service to the less fortunate! Act now and lock in an immediate and consistent return...No showings. Tenant occupied and only can see the property once under contract. Attention seasoned investors who understand the hassles and expenses associated with the traditional rental model. This turnkey multifamily investment comes with an innovative, proven rental model that minimizes background/income check hassles as well as the high cost of marketing for tenants, vacancies and evictions while providing a service to the less fortunate! Act now and lock in an immediate and consistent return on your investment. Or cancel the leases and implement your own model. Either way you win! Ask your agent to download and forward the documents in the MLS explaining this successfully proven model and current rent rolls or call the listing broker. Current monthly rent totals $2,050. Security deposits total $3,850 and convey at settlement.
  1. Listed by David L Wilson • Carolina's Choice Real Estate
  2. Listed by Shelley H Allen • Carolina's Choice Real Estate

Property Details for 1431 Collegiate Circle, Unit 302

Subdivision
University Commons Lake Pk

Location

Listing Courtesy of Carolina's Choice Real Estate
Add your commute
LISTING UPDATED: 04/23/2024 10:19 PM

Property Details for 1431 Collegiate Circle, Unit 302

StatusActive
MLS #10002881
Days on Market94
Taxes$1,884 / year
HOA Fees$184 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1998
CountyWake County

Location

Listing Courtesy of Carolina's Choice Real Estate
Add your commute

Building Information for 1431 Collegiate Circle, Unit 302

Building/Complex1431 Collegiate CirFloor-Stories1Residences1Pet Policy-Year Built1998

Payment Calculator

$1,828 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,487

Property Taxes

$157

HOA Dues

$184

The Payment Calculator is for illustrative purposes only.

Property Information for 1431 Collegiate Circle, Unit 302

Summary
Location and General Information
  • Directions: GPS
  • Subdivision Name: University Commons Lake Pk
  • Latitude: 35.762174
  • Longitude: -78.699823
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Association: Yes
  • Total HOA Dues: $184.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $1,883.90
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Combs
  • Middle Or Junior School: Wake - Centennial Campus
  • High School: Wake - Athens Dr
Parking
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1200.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0783.20920457.009
  • Enhanced Accessible: No
  • Main Level Bedrooms YN: Yes
  • Primary Residence YN: No
  • Unit Type: 4 Bedroom Or More
Property and Assessments
  • New Construction: No
  • Photos Count: 11
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Pool
  • Property Condition: Fixer
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Permanent
  • Patio And Porch Features: Covered
  • Pool Features: Swimming Pool Com/Fee
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Stories: 1
  • Master Bedroom 1st Floor: 0
  • Flooring: Carpet, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Laundry Features: Laundry Closet
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer
  • Equipment Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Parking Lot, Vinyl Siding, Laundry Closet
  • Equipment: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer, Laundry Closet, Parking Lot
Room Information
Room Information
  • Rooms Total: 7.0
Room 1
  • Room Level: Main
  • Room Type: Entrance Hall
Room 2
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Type: Bedroom 3
Room 7
  • Room Level: Main
  • Room Type: Bedroom 4
Multi Family
Unit Information
  • Total Units: 1
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 1431 Collegiate Circle, Unit 302

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1431 Collegiate Circle, Unit 302

Taxable ValueLand-Additions$171,024Total-
Tax Record2023$1,884 ($157 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1StyleCondominiumYear Built1998ZoningR-10CountyWAKEAPN0783.20-92-0457 0245749

Schools near 1431 Collegiate Circle, 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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1431 Collegiate Circle, Unit 302 is a condo for sale in Raleigh, NC 27606. This property was listed for sale on December 20, 2023 by Carolina's Choice Real Estate, it's currently listed at $272,500. It has been on the market for a total of 94 days and was last sold on June 9, 2015. This listing's school district is Wake County School District. Nearby schools include Combs Elementary, Centennial Campus Middle and Athens Drive High. 1431 Collegiate Circle, Unit 302 is a 4-bed, 4-bath, 1,200 sqft condo built in 1998.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carolina's Choice Real Estate

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.