For sale

Price cut: $4K (8/14)

$265,000

1231 University Ct APT 104, Raleigh, NC 27606

4beds

1,155sqft

$1,919/mo

Get pre-qualified

Condominium

Built in 1997

-- sqft lot

$259,600 Zestimate^®

$229/sqft

$202/mo HOA

What's special

Beautifully updated condoGreat natural light throughoutFresh paintComfortable livingFunctional layoutNew flooringNew hardware

Welcome to this beautifully updated condo in a highly convenient Raleigh location near shopping, dining, major highways, and NC State. This unit features new flooring, fresh paint, and new hardware, offering a clean, modern, and move-in ready feel. The functional layout provides comfortable living with great natural light throughout. Ideal for both owner-occupants and investors, this property presents a fantastic investment opportunity with strong rental potential in a high-demand area. Don't miss the chance to own in one of Raleigh's most desirable and accessible communities.

90 days
140
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Main level bedrooms: 4

Primary bedroom

Level: Main

Heating

None

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
Laundry: In Unit

Features

Flooring: Luxury Vinyl

Interior area

Total structure area: 1,155
Total interior livable area: 1,155 sqft
Finished area above ground: 1,155
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Open
Uncovered spaces: 4

Features

Levels: One
Stories: 4
Exterior features: Balcony

Details

Parcel number: 078316823950016 0235612
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1997

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Pool
Subdivision: University Commons Lake Pk

HOA

Has HOA: Yes
Amenities included: Landscaping, Maintenance Grounds, Pool, Trash
Services included: Pest Control, Trash
HOA fee: $202 monthly
HOA name: Wilson property management Inc
HOA phone: 919-782-1717

Location

Region: Raleigh

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $265,680
Annual tax amount: $2,336
Date on market: 6/30/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$259,600

$247,000 - $273,000

$1,836/mo

Price history

Date	Event	Price
8/14/2026	Price change	$265,000-1.5%$229/sqft
Source: Doorify MLS #10177296 Report a problem
6/30/2026	Listed for sale	$269,000+149.1%$233/sqft
Source: Doorify MLS #10177296 Report a problem
7/15/2015	Sold	$108,000+33.3%$94/sqft
Source: Public Record Report a problem
4/4/2013	Sold	$81,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,337 +0.4%	$265,680
2024	$2,327 +24.7%	$265,680 +56.8%
2023	$1,866 +7.6%	$169,391
2022	$1,735 +4%	$169,391
2021	$1,668 +1.8%	$169,391
2020	$1,638 +30%	$169,391 +58.4%
2019	$1,260	$106,959
2018	$1,260 +11.2%	$106,959
2017	$1,133 +2.1%	$106,959
2016	$1,110	$106,959 +9%
2015	--	$98,111
2014	$983	$98,111
2013	--	$98,111
2012	--	$98,111
2011	--	$98,111
2010	--	$98,111
2009	--	$98,111
2008	--	--
2007	--	--
2006	--	--