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Sold for $260,000
  • $260,000

    1511 Graduate Ln APT 303, Raleigh, NC 27606

    4beds
    1,177sqft
    Condominium, Residential
    Built in 1996
    -- sqft lot
    $259,200 Zestimate®
    $221/sqft
    $2,193 Estimated rent

    Home value

    $259,200

    $244,000 - $275,000

    $2,193/mo

    Zestimate® history
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    $2,193/mo

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    What's special

    BACK ON THE MARKET due to cold feet. BUYER'S LOSS IS YOUR GAIN! Great investor opportunity NEAR NC STATE inside the Beltline! Convenient to the WOLF LINE. THIRD FLOOR CONDO. Bright open floorplan, 4 spacious BEDROOMS EACH w/FULL PRIVATE BATHROOM w/tub/shower & walk-in closet. Common area has kitchen, dining & living room. INCLUDES FRIG, WASHER/DRYER in unit! Enjoy the BALCONY which backs to WOODS for PRIVACY! Condo is being sold AS IS. Rents for units like this can range $500 - $600/mo including utilities per room. Two hour's notice is required for showings. Owner/Seller is the licensed real estate agent selling this home. $100 CC credit to use attorneys Adams, Howell in Cary for closing.

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 07:49pm

    Listed by:

    Ellen Thabet 919-621-6126,

    Adorn Realty

    Bought with:

    Latesh Patel, 253953

    LP Realty

    Source: Doorify MLS,MLS#: 2503488MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Laundry Closet
    Features
    • Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer
    • Flooring: Carpet, Vinyl
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 1,177
    • Total interior livable area: 1,177 sqft
    • Finished area above ground: 1,177
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Balcony
    • Has view: Yes
    Details
    • Parcel number: 0793168405038
    • Special conditions: Seller Licensed Real Estate Professional

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Transitional
    • Property subtype: Condominium, Residential
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Raleigh
    • Subdivision: University Commons Condos

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $210 monthly
    • Services included: Maintenance Grounds, Maintenance Structure

    Price history

    DateEventPrice
    6/6/2023Sold$260,000-3.7%$221/sqft
    Source: Doorify MLS #2503488 Report a problem
    5/6/2023Pending sale$270,000$229/sqft
    Source: Doorify MLS #2503488 Report a problem
    5/2/2023Price change$270,000-1.8%$229/sqft
    Source: Doorify MLS #2503488 Report a problem
    4/14/2023Pending sale$275,000$234/sqft
    Source: Doorify MLS #2503488 Report a problem
    4/5/2023Listed for sale$275,000+116.5%$234/sqft
    Source: Doorify MLS #2503488 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,236 +0.4%$254,067
    2024$2,227 +22.8%$254,067 +54.5%
    2023$1,813 +7.6%$164,473

    Find assessor info on the county website

    Neighborhood: West Raleigh

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake County Schools
    • Middle: Wake County Schools
    • High: Wake County Schools

    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

    $259,200