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Sold for $260,000
    • $260,000

    1321 Crab Orchard Dr APT 302, Raleigh, NC 27606

    4beds
    1,219sqft
    Condominium
    Built in 1999
    -- sqft lot
    $254,300 Zestimate®
    $213/sqft
    $1,857 Estimated rent

    Home value

    $254,300

    $242,000 - $267,000

    $1,857/mo

    Zestimate® history
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    What's special

    Investor Alert!!! Top-floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the Lake Johnson Park, Avent Ferry Shopping Center, and the GoRaleigh bus line. Currently, 2 of the rooms are leased through July 15th, 2025, at $590 per month. The remaining 2 rooms are move-in ready and available for new leases. Ongoing rates are approximately $600 per month for individual rooms or around $2400 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Royle Sit 919-561-2166,

    Cary-Raleigh Realty, Inc.

    Bought with:

    Royle Sit, 286339

    Cary-Raleigh Realty, Inc.

    Source: Doorify MLS,MLS#: 10038288MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Forced Air
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Refrigerator, Washer
    • Laundry: Laundry Closet, In Unit
    Features
    • Ceiling Fan(s), Walk-In Closet(s), Bathtub/Shower Combination
    • Flooring: Carpet, 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

    Parking
    • Total spaces: 4
    • Parking features: Parking Lot
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Basketball Court
    • Pool features: In Ground, Outdoor Pool
    Details
    • Parcel number: 0783823529
    • Zoning: R-10
    • 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: 1999

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Subdivision: Lakepark Condos
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Maintenance Grounds, Management, Maintenance Structure, Parking, Pool
    • Services included: Maintenance Grounds, Maintenance Structure
    • HOA fee: $184 monthly
    • HOA name: Wilson Property Management
    • HOA phone: 919-782-1717
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $213/sqft
    • Tax assessed value: $270,312
    • Annual tax amount: $1,901
    • Date on market: 6/28/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Lease term: 12 Months

    Price history

    DateEventPrice
    10/18/2024Sold$260,000-4.6%$213/sqft
    Source: Doorify MLS #10038288 Report a problem
    9/29/2024Pending sale$272,500$224/sqft
    Source: Doorify MLS #10038288 Report a problem
    6/28/2024Price change$272,500+16%$224/sqft
    Source: Doorify MLS #10038288 Report a problem
    11/1/2021Pending sale$235,000$193/sqft
    Source: Doorify MLS #2412428 Report a problem
    10/8/2021Listed for sale$235,000+38.2%$193/sqft
    Source: Doorify MLS #2412428 Report a problem
    6/4/2019Sold$170,000+71.7%$139/sqft
    Source: Public Record Report a problem
    10/15/2013Sold$99,000-1%$81/sqft
    Source: Public Record Report a problem
    12/22/2006Sold$100,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,377 +0.4%$270,312
    2024$2,368 +24.5%$270,312 +56.6%
    2023$1,902 +7.6%$172,657
    2022$1,768 +4%$172,657
    2021$1,700 +1.8%$172,657
    2020$1,669 +30%$172,657 +58.2%
    2019$1,284 $109,107
    2018$1,284 $109,107
    2017-- $109,107
    2016$1,132 $109,107 +10.1%
    2015-- $99,123
    2014-- $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

    Neighborhood: West Raleigh

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Combs Elementary
    • Middle: Wake - Centennial Campus Middle
    • High: Wake - Athens Drive High

    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
    $254,300
    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
    $254,300

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