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1130 Carlton Ave APT 301, Raleigh, NC, 27606

4beds
4baths
1,278sqft
$269,000
$210price/sqft
$1,832/moest. monthly cost
$73,280/yrincome needed

About This Home

Fully Updated Condo Near NC State Ideal for Students or Investors! Don't miss this beautifully refreshed condo in a prime location with an easy walk to NC State University. Whether you're looking for a smart investment property or a home for students or young professionals, this move-in-ready condo checks all the boxes. This thoughtfully updated unit features brand-new 6.5mm luxury vinyl plank flooring with a durable 20-mil wear layer, fresh paint throughout, updated lighting, new ceiling fans in every room, and refreshed cabinet faces for a clean, modern look. The bathrooms have been completely refreshed with new Delta faucets, mirrors, toilet seats, towel bars, toilet paper holders. In the kitchen, you'll find a new dishwasher, a new range hood, and an allowance for the buyer to choose their own stove and refrigerator. The condo association installed a brand-new roof in June of this year.. One of the standout features of this condo is that each bedroom has its own private bathroom, making it especially attractive for roommates, students, or young professionals seeking privacy and convenience. Water is included in the HOA dues. With its unbeatable location near NC State, extensive updates, and highly desirable floor plan, this is an exceptional opportunity for both owner-occupants and investors alike.

Getting Around

7
WalkingCar-Dependent
0
TransitNo Nearby Transit
29
BikeSomewhat Bikeable

Schools

8/10
Swift Creek ElementaryGrades K-50.9 mi
7/10
Dillard Drive MiddleGrades 6-81.0 mi
8/10
Athens Drive HighGrades 9-122.1 mi

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: Condo

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Forced air,Heat pump,Electric
  • Cooling features: Central

Interior Area

  • Total interior livable area: 1,278 sqft

Property

Details

  • Parcel number: 0793292951033

Features

  • Exterior features: Other,Vinyl

Parking

  • Total spaces: 4
  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance *$78$936
Property Taxes $194$2,328
Electricity $200$2,405
Total$1,832$21,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,811/yr
40% on housing$54,960/yr
45% on housing$48,853/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 27606$186
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27606$260
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-21Price change$269,000
2026-07-13Listed for sale$279,000
2014-07-09Sold$108,000
2010-03-26Sold$105,000
2006-07-28Sold$115,000
2003-02-05Sold$121,000

For Sale by Owner

AgentProperty Owner

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