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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1221 University Ct Unit 304 , Raleigh, NC 27606
$265,000
Est. Payment: $1,489.31/mo
4 Bed
4 Bath
1219 Sqft
Status: active | Days on site: 34
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76337 - R24525
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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House Description

INVESTORS! NCSU PARENTS AND STUDENTS! Prime Investment Opportunity at University Commons - Lake Park. This 4 BEDROOM+ 4 BATHROOM condo is an excellent opportunity for steady rental income or as a place to call home. Each bedroom features a private en-suite bath and walk-in closet. There is a spacious living area, kitchen, in unit washer/dryer as well as a porch and additional storage outside. NEW PAINT, NEW CARPET, NEW CEILING FANS and DEEP CLEANED, READY TO ENJOY OR RENT. Water heater replaced March 2024, HVAC/Heat Pump replaced 2015, Roof replaced 2014. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU). Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool, Volleyball and Basketball courts.
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Highlights

Listed by Kristina Nieshalla , Dwell Raleigh Real Estate , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Condo/Townhome

HOA Fee

205.35 Monthly

Year Built

1997

County

Wake

 Neighborhood

University Commons Lake Pk

Listing ID

10191665

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
Air Cond:Central Air,Heat Pump
Fireplaces:
Floor:Carpet
Above Ground Sq Ft:1219
Water:Public

Exterior Features

Garage Capacity:4
Roof:Shingle
Others:
  • ▪ Additional:Balcony, Storage, Covered, Rear Porch
Sewer:Public Sewer
Parking Features:Common,Parking Lot,Unassigned
Principal Interest
$1,489
Taxes
$169
HOA
$205

Home Price

$265,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$53,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,489.31

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,489.31 $168.94 $205.35 $1,863.60
Yearly $17,871.71 $2,027.25 $2,464.20 $22,363.16
Total $536,151.25 $60,817.50 $73,926.00 $670,894.75

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T15:51:28.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina