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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1305 Kent Rd , Raleigh, NC 27606
$268,000
Est. Payment: $1,506.17/mo
4 Bed
4 Bath
1320 Sqft
Status: active | Days on site: 56
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73713 - 78988
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Terri Bias
Operator/Brokerage Owner

House Description

Perfect property for a savvy buyer who wants a great place to live & be an investor and build wealth! Seller is offering a 2% mortgage rate buydown for the first year and 1% buydown for year two! So, your mortgage interest rate will be around 5% for that first year. Live in one room and rent the other 3 rooms for $600 per month to cover your entire monthly payment! 4 Bedrooms recently rented for a total of $2,304 per month!!! Investors and parents welcome too! Rare find of a 1st floor, 4 Bedroom condo only .7 miles to NC State main campus. This home has Luxury Vinyl Floors throughout the entire unit, including the bathrooms and kitchen. Thus, you never need to change the carpet! Nice and clean and updated! Brand new roof on the building! All the furniture can stay, so you can move right in. Each room has it's own bathroom and closet. This is a nice small community with only 2 buildings and there are only 2 floors per building. These don't come on the market very often!

Highlights

Listed by Ed Karazin , RE/MAX One Hundred , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Condo/Townhome

HOA Fee

310 Monthly

Year Built

2000

County

Wake

Neighborhood

University Meadows

Listing ID

10187240

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Dishwasher, Disposal, Dryer, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Washer/Dryer, Water Heater
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Luxury Vinyl
Above Ground Sq Ft:1320
Other:
  • ▪ Additional:Breakfast Bar, Ceiling Fan(s), Open Floorplan, Stone Counters, Walk-In Closet(s)
Water:Public

Exterior Features

Garage Capacity:4
Roof:Shingle
Others:
  • ▪ Additional:Barbecue, Rain Gutters, Covered, Porch
Sewer:Public Sewer
Parking Features:Open,Parking Lot,Unassigned
Principal Interest
$1,506
Taxes
$171
HOA
$310

Home Price

$268,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$53,600
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:
$1,506.17

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,506.17 $170.85 $310.00 $1,987.02
Yearly $18,074.03 $2,050.20 $3,720.00 $23,844.23
Total $542,220.88 $61,506.00 $111,600.00 $715,326.88

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: 2026-10-14T17:52:00.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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