Investor Alert! Prime location just minutes from NCSU. This bright, open-concept condo offers a spacious layout featuring a large living room, dining area, and kitchen, along with 4 bedrooms, 4 full bathrooms, and a dedicated laundry area. Each bedroom includes its own private full bath and a generous walk-in closet--ideal for rental potential. 2 tenants lease end on July,2026 Refrigerator, washer, and dryer convey. Luxury vinyl plank (LVP) flooring runs throughout the entire home for a modern, low-maintenance finish. Replaced most of the lights inside the house. New HVAC 2021. Enjoy community amenities including a swimming pool, basketball court, sand volleyball court, and grilling areas. Walking distance to Lake Johnson Park. Convenient access to I-40, GoRaleigh transit, downtown Raleigh, and Wolfline bus service to NCSU. Excellent investment opportunity--this is a must-see!
For sale
Price cut: $10K (5/6)
$260,000
1220 University Ct APT 203, Raleigh, NC 27606
4beds
1,219sqft
Condominium, Residential, Multi Family
Built in 1997
-- sqft lot
$256,400 Zestimate®
$213/sqft
$202/mo HOA
What's special
Basketball courtSand volleyball courtDedicated laundry areaGenerous walk-in closetBright open-concept condoSpacious layoutDining area
- 86 days |
- 544 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Xuejun Li 919-579-9460,
NC Lady Realty
Source: Doorify MLS,MLS#: 10156800
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Heat Pump
Cooling
- Electric
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,219
- Total interior livable area: 1,219 sqft
- Finished area above ground: 1,219
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Playground
- Has view: Yes
Details
- Parcel number: 0783739041
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Transitional
- Property subtype: Condominium, Residential, Multi Family
Materials
- Vinyl Siding
- Foundation: None
- Roof: Shingle
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: University Commons Lake Pk
HOA
- Has HOA: Yes
- Amenities included: Storage
- Services included: Maintenance Grounds, Storm Water Maintenance, Trash
- HOA fee: $202 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $267,996
- Annual tax amount: $2,357
- Date on market: 4/1/2026
- Lease term: 12 Months
- Road surface type: Paved
Estimated market value
$256,400
$244,000 - $269,000
$1,920/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $260,000-3.7%$213/sqft |
Source:  Doorify MLS #10156800 Report a problem | ||
| 4/1/2026 | Listed for sale | $270,000+150%$221/sqft |
Source: Doorify MLS #10156800 Report a problem | ||
| 7/24/1998 | Sold | $108,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,357 +0.4% | $267,996 |
| 2024 | $2,348 +24.6% | $267,996 +56.7% |
| 2023 | $1,884 +7.6% | $171,024 |
| 2022 | $1,752 +4% | $171,024 |
| 2021 | $1,684 +1.8% | $171,024 |
| 2020 | $1,654 +30% | $171,024 +58.3% |
| 2019 | $1,272 | $108,033 |
| 2018 | $1,272 +11.2% | $108,033 |
| 2017 | $1,144 +2.1% | $108,033 |
| 2016 | $1,121 +7.1% | $108,033 +9% |
| 2015 | $1,046 +5.4% | $99,123 |
| 2014 | $993 | $99,123 |
| 2013 | -- | $99,123 |
| 2012 | -- | $99,123 |
| 2011 | -- | $99,123 |
| 2010 | -- | $99,123 |
| 2009 | -- | $99,123 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.8 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 1 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Wake - Combs
- Middle: Wake - Centennial Campus
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 1220 University Ct Apartment 203
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