1420 Collegiate Cir, Unit 1

Raleigh, NC 27606

$260,000
Last Sold Price
4
Beds
1,200 Sq. Ft.
$217 / Sq. Ft.
1,200
Sq. Ft.
$217
per Sq. Ft.

Description

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...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 $2,000. Security deposits total $3,300 and convey at settlement.

Property Details for 1420 Collegiate Circle, Unit 1

View
Yes
Subdivision
University Commons Lake Pk
HOA Fees
$184.00
LISTING UPDATED: 03/01/2025 09:53 AM

Property Details for 1420 Collegiate Circle, Unit 1

StatusClosed
MLS #10002882
Days on Market54
Taxes$1,901 / year
HOA Fees$184 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1999
CountyWake County

Location

Listing Courtesy of Carolina's Choice Real Estate

Sold By NorthGroup Real Estate, Inc.

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Building Information for 1420 Collegiate Circle, Unit 1

Building/Complex1420 Collegiate CirFloor-Stories1Residences1Pet Policy-Pet Policy Details-Year Built1999

Payment Calculator

$1,705 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,362

Property Taxes

$158

HOA Dues

$184

The Payment Calculator is for illustrative purposes only.

Property Information for 1420 Collegiate Circle, Unit 1

Summary
Location and General Information
  • Subdivision Name: University Commons Lake Pk
  • Latitude: 35.761916
  • Longitude: -78.701303
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: $1,901.34
  • 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: 0783.16826312.013
  • Enhanced Accessible: No
  • Primary Residence YN: No
  • Sold PriceList Price: 0.95
Property and Assessments
  • New Construction: No
  • Photos Count: 7
  • 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
  • Accessibility Features: Common Area
  • Construction Materials: Vinyl Siding
  • Pool Features: Swimming Pool Com/Fee
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Stories: 1
  • 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
  • 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 1420 Collegiate Circle, Unit 1

DateEvent & SourcePriceAppreciation
May 10, 2024

Sold

TRIANGLEMLS #10002882

—
May 10, 2024

Pending

TRIANGLEMLS #10002882

—
May 1, 2024

Sold

TRIANGLEMLS #10002882

$260,000—
Feb 12, 2024

Pending

TRIANGLEMLS #10002882

—
Jan 16, 2024

Price Change

TRIANGLEMLS #10002882

$272,500—
Dec 20, 2023

Listed (Active)

TRIANGLEMLS #10002882

$275,000—
Feb 28, 2016

Sold

TRIANGLEMLS #1987909

—
Jun 12, 2015

Pending

TRIANGLEMLS #1987909

—
Jun 9, 2015

Sold

TRIANGLEMLS #1987909

$106,000—
Jun 9, 2015

Sold

AMLS #1987909

$106,000—
Jun 9, 2015

Sold

TRIANGLEMLS #1987909

$106,000—
Jan 30, 2015

Listed (Active)

AMLS #1987909

$114,000—
Jan 30, 2015

Listed (Active)

TRIANGLEMLS #1987909

$114,000—
Jan 30, 2015

Listed (Active)

TRIANGLEMLS #1987909

$114,000—
Jul 24, 2007

Sold

TRIANGLEMLS #910188

$101,000—
Jul 24, 2007

Sold

TRIANGLEMLS #910188

$101,000—
Jan 31, 2007

Listed (Active)

TRIANGLEMLS #910188

$101,000—
Jan 31, 2007

Listed (Active)

TRIANGLEMLS #910188

$101,000—
Dec 31, 2006

Expired

TRIANGLEMLS #896901

—
Dec 31, 2006

Expired

AMLS #896901

$101,000—
Dec 31, 2006

Expired

TRIANGLEMLS #872416

—
Dec 31, 2006

Expired

TRIANGLEMLS #896901

—
Dec 31, 2006

Expired

AMLS #872416

$101,000—
Nov 1, 2006

Listed (Active)

AMLS #896901

$102,950—
Nov 1, 2006

Listed (Active)

TRIANGLEMLS #896901

$102,950—
Nov 1, 2006

Listed (Active)

TRIANGLEMLS #896901

$102,950—
Oct 27, 2006

Withdrawn

TRIANGLEMLS #872416

—
Jun 18, 2006

Listed (Active)

TRIANGLEMLS #872416

$102,950—
Jun 18, 2006

Listed (Active)

AMLS #872416

$102,950—
Jun 18, 2006

Listed (Active)

TRIANGLEMLS #872416

$102,950—
DateEvent & SourcePrice
05/10/2024

Sold

TRIANGLEMLS #10002882

—
05/10/2024

Pending

TRIANGLEMLS #10002882

—
05/01/2024

Sold

TRIANGLEMLS #10002882

$260,000
02/12/2024

Pending

TRIANGLEMLS #10002882

—
01/16/2024

Price Change

TRIANGLEMLS #10002882

$272,500
12/20/2023

Listed (Active)

TRIANGLEMLS #10002882

$275,000
02/28/2016

Sold

TRIANGLEMLS #1987909

—
06/12/2015

Pending

TRIANGLEMLS #1987909

—
06/09/2015

Sold

TRIANGLEMLS #1987909

$106,000
06/09/2015

Sold

AMLS #1987909

$106,000
06/09/2015

Sold

TRIANGLEMLS #1987909

$106,000
01/30/2015

Listed (Active)

AMLS #1987909

$114,000
01/30/2015

Listed (Active)

TRIANGLEMLS #1987909

$114,000
01/30/2015

Listed (Active)

TRIANGLEMLS #1987909

$114,000
07/24/2007

Sold

TRIANGLEMLS #910188

$101,000
07/24/2007

Sold

TRIANGLEMLS #910188

$101,000
01/31/2007

Listed (Active)

TRIANGLEMLS #910188

$101,000
01/31/2007

Listed (Active)

TRIANGLEMLS #910188

$101,000
12/31/2006

Expired

TRIANGLEMLS #896901

—
12/31/2006

Expired

AMLS #896901

$101,000
12/31/2006

Expired

TRIANGLEMLS #872416

—
12/31/2006

Expired

TRIANGLEMLS #896901

—
12/31/2006

Expired

AMLS #872416

$101,000
11/01/2006

Listed (Active)

AMLS #896901

$102,950
11/01/2006

Listed (Active)

TRIANGLEMLS #896901

$102,950
11/01/2006

Listed (Active)

TRIANGLEMLS #896901

$102,950
10/27/2006

Withdrawn

TRIANGLEMLS #872416

—
06/18/2006

Listed (Active)

TRIANGLEMLS #872416

$102,950
06/18/2006

Listed (Active)

AMLS #872416

$102,950
06/18/2006

Listed (Active)

TRIANGLEMLS #872416

$102,950

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

Public Records for 1420 Collegiate Circle, Unit 1

Taxable ValueLand-Additions$172,657Total-
Tax Record2020$1,669 ($139 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt1,219 SqFtAbove Grade Finished SqFt1,219 SqFtStories1StyleCondominiumYear Built1999Year Renovated1999ZoningR-10CountyWAKEAPN078316826312013

Schools near 1420 Collegiate Circle, Unit 1

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

SCORE Academy
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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carolina's Choice Real Estate

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.