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$260,000
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Property Description
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!
Full Property Details
Full Property Details for 1220 University Ct #203
General
- Price: $260,000
- HOA FEE: $202/month
- Taxes: $2,357
- Status: Active
- Type: Condo
- Source: 2218
- MLS ID: 10156800
- Updated: 5/6/2026
- Added to Site: 55 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Number of Rooms: 4
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Storage
Exterior
- Exterior Features: Lighting, Playground
Location
- County: Wake
- Subdivision: University Commons Lake Pk
- Driving Directions: From Lake Dam Road turn right on University Road. Then turn left on the first block to park behind the building. Use your GPS
- City Limits: Yes
School Information
- Elementary School: Wake - Combs
- Middle School: Wake - Centennial Campus
- High School: Wake - Athens Dr
Community
- Association: Yes
- Assoc. Fees Include: Maintenance Grounds, Storm Water Maintenance, Trash
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Transitional
- Structure Type: Multi Family, Site Built
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Building Size: 1219
- Square Feet: 1,219
- Sq. Ft. Source: Public Records
- Finished Above Grnd: 1,219 Sq. Ft.
- Year Built: 1997
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $202
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,357
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 783739041
Listed by NC Lady Realty, Xuejun Li (919) 579-9460
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Schools
Schools serving 1220 University Ct #203
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Combs Elementary 2001 Lorimer Road, Raleigh, NC 27606 | PK-5 | 0.8 mi |
Centennial Campus Middle 1900 Main Campus Drive, Raleigh, NC 27606 | 6-8 | 3.5 mi |
Athens Drive High 1420 Athens Drive, Raleigh, NC 27606 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 University Ct #203
Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$260,000
-3.7%
MLS
4/01/2026
Listed
$270,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 University Ct #203
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,357
—
$267,996
—
2024
$2,348
25%
$267,996
57%
2023
$1,884
8%
$171,024
—
2022
$1,752
4%
$171,024
—
2021
$1,684
2%
$171,024
—
2020
$1,654
38%
$171,024
58%
2018
$1,200
5%
$108,033
—
2017
$1,144
2%
$108,033
—
2016
$1,121
-12%
$108,033
—
2019
$1,272
22%
$108,033
9%
2015
$1,046
5%
$99,123
—
2014
$993
7%
$99,123
—
2013
$929
—
$99,123
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 University Ct #203
1220 University Court #203, Raleigh, NC 27606 (MLS# 10156800) is a Condo property with 4 bedrooms and 4 full bathrooms. 1220 University Court #203 is currently listed for $260,000 and was received on April 01, 2026. Want to learn more about 1220 University Court #203? Do you have questions about finding other Condo real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

