4 months on rocket

1431 Collegiate Cir Unit 302, Raleigh, NC, 27606

$272,500

Home List Price

$3,236*

Closing Credit

4 Bedrooms
4 Full Baths
1,200 SqFt
$227/SqFt
Condo
Schools Nearby

Location

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1431 Collegiate Cir Unit 302, Raleigh$272,500

Buyer Closing Credits

$3,236*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1998
HeatingForced Air
CoolingCentral Air
MLS #10002881
StatusActive

About 1431 Collegiate Cir Unit 302

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1998
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Carolina's Choice Real Estate
  • Office Phone: (919) 788-9525
  • Listing Agent: David L Wilson, Shelley Allen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Athens Drive High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Centennial Campus Middle School, Public Magnet Grades 6-8
  • Combs Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $272,500
  • Price Per SqFt: $227/SqFt

HOA Fees:

  • Amount: $184
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

1431 Collegiate Cir Unit 302 vs Raleigh

131 DAYS ON ROCKET

+53 Days

$272,500

-$152.5K Less

$227/SqFt

-$2 Less

KEY TAKEAWAY

This property is $152.5K less than the Median Sold Price and $2/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10002881

Listing Office:

  • Office Name: Carolina's Choice Real Estate
  • Office Phone: (919) 788-9525
  • Listing Agent: David L Wilson, Shelley Allen

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3258959
7
/10
  • Combs Elementary School

  • 2001 Lorimer Rd

  • 0.89 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3258960
2
/10
  • Centennial Campus Middle School

  • 1900 Main Campus Dr

  • 0.75 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3258961
5
/10
  • Athens Drive High School

  • 1420 Athens Dr

  • 0.79 miles

  • Public District Grades 9-12

school-card-donut-3258962
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 6.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,313. Most Raleigh, NC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1431 Collegiate Cir Unit 302

What is the listing price of this property?

The listing price of 1431 Collegiate Cir Unit 302 property is $272,500.

What type of property is this?

The property 1431 Collegiate Cir Unit 302 is a condo located in Raleigh, North Carolina, 27606.

Is this property for sale now?

Active Listing: 1431 Collegiate Cir Unit 302 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1431 Collegiate Cir Unit 302 are:
Combs Elementary School: GreatSchools Rating 7/10
Centennial Campus Middle School: GreatSchools Rating 2/10
Athens Drive High School: GreatSchools Rating 5/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 1431 Collegiate Cir Unit 302 has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1431 Collegiate Cir Unit 302 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1431 Collegiate Cir Unit 302 is 1998.

Rocket HomesNorth CarolinaWake CountyRaleigh276061431 Collegiate Cir Unit 302

This home is located at 1431 Collegiate Cir Unit 302 in Raleigh, NC and zip code 27606 in the Inside the Beltline neighborhood. This 1,200 square foot home was built in 1998. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $272,500.

Raleigh, NC housing market in March 2024 saw over 149 listings sold above listed price, more than 130 sold at listed price and over 228 sold below. Between February 2024 and March 2024, Raleigh, NC real estate market has seen increase in the number of listings by 4.6%. The median list price of listings available in March 2024 was $425,075, while the average time on the real estate market was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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