Investor special or parent special! Interested in owning your own condo or creating a rental portfolio? Ever dreamed of wanting a passive income? Have a child headed to NC State but don't want to pay ridiculous rental prices? This is your chance! 4 bedroom, 4 bathroom located on the third floor providing numerous opportunities for investors or those looking to have one room to themselves and rent the other three. Unit has four residential lease agreements in effect providing net income opportunities. Total Rental Income is $1,640/month right now while leases are still in effect. Tenants are covering their own utilities. Walking distance to NC State. This property has the opportunity to include another unit. Please refer to MLS Listing Number 10018150 for more information.
Sold for $277,000
$277,000
1140 Carlton Ave APT 303, Raleigh, NC 27606
4beds
1,287sqft
Condominium
Built in 1999
-- sqft lot
$267,800 Zestimate®
$215/sqft
$1,858 Estimated rent
Home value
$267,800
$254,000 - $281,000
$1,858/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Marisa Warren Chatman 919-616-8690,
Winland Realty, LLC
Bought with:
Non Member
Non Member Office
Source: Doorify MLS,MLS#: 10018149
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Freezer, Refrigerator, Washer/Dryer Stacked, Water Heater
- Laundry: In Unit
Features
- Ceiling Fan(s), Laminate Counters, Apartment/Suite, Bathtub/Shower Combination
- Flooring: Carpet, Vinyl
- Windows: Blinds
- Common walls with other units/homes: 2+ Common Walls,End Unit
Interior area
- Total structure area: 1,287
- Total interior livable area: 1,287 sqft
- Finished area above ground: 1,287
- Finished area below ground: 0
Property
Parking
- Parking features: Additional Parking, Common, Off Street, On Site, Outside, Paved, Parking Lot, Permit Required
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch, Rear Porch
- Exterior features: Storage
Lot
- Features: Paved
- Residential vegetation: Cleared
Details
- Parcel number: 0256284
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Vinyl Siding
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights
- Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
- Subdivision: University Oaks
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Maintenance Grounds, Management, Parking, Trash
- Services included: Maintenance Grounds, Trash, Water, Road Maintenance
- HOA fee: $300 monthly
- HOA name: Preiss Company
- HOA phone: 919-870-5080
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $254,039
- Annual tax amount: $1,911
- Date on market: 3/20/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Lease term: 24 Months
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $277,000-4.3%$215/sqft |
Source:  Doorify MLS #10018149 Report a problem | ||
| 3/29/2024 | Pending sale | $289,500$225/sqft |
Source: Doorify MLS #10018149 Report a problem | ||
| 3/20/2024 | Listed for sale | $289,500$225/sqft |
Source: Doorify MLS #10018149 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,235 +0.4% | $254,039 |
| 2024 | $2,226 +16.5% | $254,039 +46.4% |
| 2023 | $1,912 +7.6% | $173,548 |
| 2022 | $1,777 +4% | $173,548 |
| 2021 | $1,709 +1.8% | $173,548 |
| 2020 | $1,678 +22.6% | $173,548 +49.2% |
| 2019 | $1,368 | $116,327 |
| 2018 | $1,368 +11.2% | $116,327 |
| 2017 | $1,230 +2.1% | $116,327 |
| 2016 | $1,205 -1.4% | $116,327 +0.2% |
| 2015 | $1,223 +5.4% | $116,130 |
| 2014 | $1,160 | $116,130 |
| 2013 | -- | $116,130 |
| 2012 | -- | $116,130 |
| 2011 | -- | $116,130 |
| 2010 | -- | $116,130 |
| 2009 | -- | $116,130 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: West Raleigh
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Nearby schools
GreatSchools rating
- 6/10Olds ElementaryGrades: PK-5Distance: 1 mi
- 7/10Martin MiddleGrades: 6-8Distance: 2 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Wake - Carpenter Elementary
- Middle: Wake - Alston Ridge Middle
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
$267,800
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
$267,800
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 1140 Carlton Ave Apartment 303
