Extraordinary cash flow! Functional floorplan with common kitchen & living space w/laminate floors & laundry w/washer & dryer. Unit has 4 Bedrooms, each with own full bath. Currently 2 rooms rented at $725 and $800/month. Recently repaired rooms marketed at $800/month each. Excellent location across the street from Lake Johnson, easy access to NCSU on Wolf Line.
Sold for $282,500
$282,500
1221 University Ct APT 203, Raleigh, NC 27606
4beds
1,219sqft
Condominium, Multi Family
Built in 1997
-- sqft lot
$279,100 Zestimate®
$232/sqft
$1,901 Estimated rent
Home value
$279,100
$265,000 - $293,000
$1,901/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 01:12am
Listed by:
George Patrick III 919-278-7420,
Berkshire Hathaway HomeService
Bought with:
Sharon Evans, 172983
EXP Realty LLC
Daniel Mounts, 353477
EXP Realty LLC
Source: Doorify MLS,MLS#: 10110735
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Laundry: Laundry Closet
Features
- Bathtub/Shower Combination, Living/Dining Room Combination
- Flooring: Laminate
Interior area
- Total structure area: 1,219
- Total interior livable area: 1,219 sqft
- Finished area above ground: 1,219
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Parking Lot
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Has view: Yes
Details
- Parcel number: 0783823950
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: University Commons Lake Pk
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $202 monthly
- Amenities included: Pool, Tennis Court(s)
- Services included: Insurance, Maintenance Grounds, Pest Control, Trash
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $282,500-0.9%$232/sqft |
Source:  Doorify MLS #10110735 Report a problem | ||
| 8/3/2025 | Pending sale | $285,000$234/sqft |
Source: Doorify MLS #10110735 Report a problem | ||
| 7/21/2025 | Listed for sale | $285,000+7.8%$234/sqft |
Source: Doorify MLS #10110735 Report a problem | ||
| 12/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/20/2023 | Listed for rent | $800$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,337 +0.4% | $265,680 |
| 2024 | $2,327 +24.7% | $265,680 +56.8% |
| 2023 | $1,866 +7.6% | $169,391 |
Find assessor info on the county website
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.8 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 3.4 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Wake - Combs
- Middle: Wake - Centennial Campus
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$279,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$279,100