1431 Collegiate Cir #302, Raleigh, NC 27606
FOR SALE

1431 Collegiate Cir #302
Raleigh, NC 27606

West Raleigh
  • 4 Beds
  • 4 Baths
  • 1,200 sqft
  • 4 Beds
  • 4 Baths
  • 1,200 sqft

$272,500

Original price: $817,500
Est. Mortgage $1,841/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

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 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.

Home Highlights

Parking
Parking Lot
Outdoor
Yes
A/C
Heating & Cooling
HOA
$184/Monthly
Price/Sqft
$227
Listed
131 days ago

Home Details for 1431 Collegiate Cir #302

Interior Features

Interior Details
Number of Rooms: 7
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 1200 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, WasherDishwasherDryerLaundry: Laundry ClosetMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: CoveredFoundation: PermanentNo Private Pool
Parking & Garage
Open Parking Spaces: 2No GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Parking Lot
Pool
Pool: Swimming Pool Com/Fee, Community
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1200 Square Feet

Days on Market

Days on Market: 131

Property Information

Year Built
Year Built: 1998
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 0783.20920457.009

Price & Status

Price
List Price: $272,500Price Per Sqft: $227

Active Status

MLS Status: Active

Location

Direction & Address
City: RaleighCommunity: University Commons Lake Pk
School Information
Elementary School: Wake - CombsJr High / Middle School: Wake - Centennial CampusHigh School: Wake - Athens Dr

Agent Information

Listing Agent
Listing ID: 10002881

Building

Building Area
Building Area: 1200 Square Feet

Community

Community Features: Pool

HOA

HOA Fee Includes: Maintenance Grounds, Maintenance StructureHas an HOAHOA Fee: $184/Monthly

Listing Info

Special Conditions: Seller Licensed Real Estate Professional

Compensation

Buyer Agency Commission: 2.4Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 10002881

Additional Information

HOA Amenities: Basketball Court, Maintenance Grounds, Maintenance Structure
Last check for updates: about 12 hours ago
Listing courtesy of David L Wilson, (919) 647-7461
Carolina's Choice Real Estate
Shelley H Allen, (919) 736-6393
Carolina's Choice Real Estate
Source: TMLS, MLS#10002881

Price History for 1431 Collegiate Cir #302

DatePriceEventSource
03/31/2024$272,500PendingToActiveTMLS #10002881
03/11/2024$272,500PendingTMLS #10002881
02/29/2024$817,500PriceChange
TMLS #10002936
02/29/2024$272,500PendingToActiveTMLS #10002881
02/12/2024$272,500PendingTMLS #10002881
01/16/2024$817,500PriceChange
TMLS #10002936
01/16/2024$272,500PriceChange
TMLS #10002881
12/20/2023$825,000PriceChange
TMLS #10002936
12/20/2023$275,000Listed For SaleTMLS #10002881
06/09/2015$106,000Sold
TMLS #1987911
07/25/2007$101,000Sold
N/A
08/13/1998$111,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$1,884
Assessment$171,024
Home facts updated by county records

Comparable Sales for 1431 Collegiate Cir #302

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.01
Condo
$199,101
09/29/23
4
4
1,219
0.06
Condo
$285,100
04/01/24
4
4
1,200
0.15
Condo
$267,000
04/10/24
4
4
1,200
0.16
Condo
$261,000
02/01/24
4
4
1,219
0.16
Condo
$275,000
06/29/23
4
4
1,176
0.20
Condo
$275,000
05/08/23
4
4
1,219
0.22
Condo
$262,500
12/06/23
4
4
1,219
0.61
Condo
$288,000
12/18/23
3
3
1,286
0.64
Condo
$280,000
08/28/23
3
3
1,315
0.91
Condo
$267,500
10/13/23
4
4
1,224

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about West Raleigh

  • 7gr8spxbkq
    "Several people own dogs in my complex. While most accommodate others, some will just stand there letting their dogs bark."
    2
    Flag
  • Trulia User
    "I’ve lived here for a few years, in multiple close locations as well, and it’s a convenient location for the taking the wolfline, walking, or biking to NC State. "
    5
    Flag
  • Trulia User
    "I've lived here for 4yrs Love this location, near to everything Downtown Raleigh & Cary.. Great place to live. "
    5
    Flag
  • Trulia User
    "There is many parks to enjoy and use to exercise with the family , and have grate school, safe ."
    1
    Flag
  • Trulia User
    "Neighbors are friendly and everyone looks out for each other. Had to go out of town on trash day. Returned home and my empty bins are moved back to the side of my house. "
    5
    Flag
  • Trulia User
    "there are a lot of families with children. many parks and green spaces to take the kids and enjoy the great outdoors. Shelly lake is a very popular place to be. "
    1
    Flag
  • Trulia User
    "I feel safe here thus far. it's clean and friendly. I would definitely recommend living here. especially by the Parke at Trinity. "
    0
    Flag
  • Trulia User
    "Perfect location for quick highway access. Everything essential is within a 20 minute ride. Traffic is the most annoying part "
    0
    Flag
  • Trulia User
    "It is beautiful place to live Lakes view and quite neighborhood, if u want to move in Raleigh welcome west Raleigh u won’t regret your choice "
    0
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  • Kyannasumpter
    "I would describe my neighborhood as Convenient. It is close to campus, downtown, and many shopping centers. "
    1
    Flag
  • Jonah S.
    "busy growing area for families students or young single individuals eager to get involved in the workforce. "
    2
    Flag
  • Amanda T.
    "Easy peezy because everything is 10-15 mins away that I could possibly want or need to do. The side streets are bare so traffic is a breeze. Love it!"
    2
    Flag
  • Mario W.
    "Great aera to live in...getting kind of pricey with all the new const in the area .. Would recommend "
    2
    Flag
  • Tracey R.
    "Mostly just apartment complexes in this area. Not a homey feeling ! Traffic in the morning and night . "
    5
    Flag
  • Jason.r.rasmussen
    "Great access to 40 and 440 however these major roads are quite congested during peak periods. Commute to RTP can take over an hour on some days even though it is only 16 miles."
    2
    Flag
  • Stacey D.
    "There are many people walking dogs in my neighborhood I think it’s great. I hope to stay here and raise my family."
    2
    Flag
  • Ferket
    "Lake Johnson concerts and activities, and Athens High school events. Downtown Raleigh concerts are nearby. "
    0
    Flag
  • sha
    "Great quiet neighborhood. Great area for kids. No loudness no nosey neighbors. Car needed since buses take at least 30-40 mins. Close to PNC arena "
    2
    Flag
  • Babe
    "The commute is great I go to church in this neighborhood, I work in this neighborhood so most things I do and like to do are in or around this neighborhood."
    1
    Flag
  • Jeanscene46
    "Nice neighbors and quiet. Close to middle and high school. Clean community with nice landscapes and park area. "
    28
    Flag
  • Fleadogs
    "It's a little Oasis of trees and larger lots with older homes yet inside the beltline. Compared to other parts of Raleigh it's still very affordable. "
    28
    Flag
  • Ivette G.
    "Know who you live around, know who can be trustworthy... even if you do, never leave your kids out alone by themselves after dark. It’s a safety thing. Know your area of living in general."
    2
    Flag
  • Angela G.
    "I’m not sure I’m just here temporarily, I know It’s right on the Raleigh/Cary border and it’s pretty quiet for the most part."
    0
    Flag
  • Juliocrass1
    "Neighbors are the best, street is calm and nice, not a lot o f houses on my street, love to walk around"
    21
    Flag
  • Katie D.
    "Lot size and location is excellent and convenient to Raleigh. NW raleigh has great schools and close to airport. "
    6
    Flag
  • David M.
    "It’s like a small town of its own, with its restaurants and nature. I don’t feel like I’m in Raleigh anymore! "
    0
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LGBTQ Local Legal Protections

David L Wilson, Carolina's Choice Real Estate
Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. 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 comparative market analysis, or home valuation of any property. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1431 Collegiate Cir #302, Raleigh, NC 27606 is a 4 bedroom, 4 bathroom, 1,200 sqft condo built in 1998. 1431 Collegiate Cir #302 is located in West Raleigh, Raleigh. This property is currently available for sale and was listed by TMLS on Dec 20, 2023. The MLS # for this home is MLS# 10002881.