Welcome to this fantastic investment opportunity, a 4 bedroom, 4 bath condo with shared space in the main living area and kitchen. Located in the highly desirable area near NCSU and Lake Johnson, making it the perfect addition to any portfolio. Other features of this great investment property includes new flooring in the main living area, new water heater and covered porch. Located steps away from public transportation, shopping and dining. With a high demand for rental opportunities in this area, don't miss out to add a valuable asset to your portfolio.
Sold for $275,000
$275,000
1241 University Ct APT 201, Raleigh, NC 27606
4beds
1,176sqft
Condominium, Residential
Built in 1997
-- sqft lot
$258,500 Zestimate®
$234/sqft
$1,885 Estimated rent
Home value
$258,500
$246,000 - $271,000
$1,885/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 07:50pm
Listed by:
Linda Craft 919-235-0007,
Linda Craft Team, REALTORS,
Kim Crump 919-605-6045,
Linda Craft Team, REALTORS
Bought with:
Latesh Patel, 253953
LP Realty
Source: Doorify MLS,MLS#: 2513905
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Laundry: Laundry Closet
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Living/Dining Room Combination, Master Downstairs, Walk-In Closet(s)
- Flooring: Laminate, Vinyl
- Has fireplace: No
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
- Finished area above ground: 1,176
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Multi/Split, One
- Has view: Yes
Details
- Parcel number: 0783823950034
- Zoning: R-10
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1997
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: University Commons Lake Pk
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $184 monthly
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2023 | Sold | $275,000$234/sqft |
Source:  Doorify MLS #2513905 Report a problem | ||
| 6/3/2023 | Contingent | $275,000$234/sqft |
Source: Doorify MLS #2513905 Report a problem | ||
| 6/1/2023 | Listed for sale | $275,000+120%$234/sqft |
Source: Doorify MLS #2513905 Report a problem | ||
| 2/6/2017 | Sold | $125,000+22.5%$106/sqft |
Source: Doorify MLS #2105226 Report a problem | ||
| 1/25/2007 | Sold | $102,000+1%$87/sqft |
Source: Public Record 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: 3.5 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$258,500
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
$258,500