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1431 Collegiate Cir APT 101, Raleigh, NC, 27606

4beds
4baths
1,172sqft
$269,900
$230price/sqft
$1,798/moest. monthly cost
$71,920/yrincome needed

About This Home

INVESTORS--4 Bedroom/4 Bath condo near NCSU. Walking distance to NCSU bus stop and shopping center with Food Lion. Remodeled in 2023. New cabinets and countertops, dishwasher, refrigerator, paint, flooring. Plank flooring throughout, so no need to replace carpeting. Set up perfectly for roommate situations, as each bedroom (separate leases) has its own bath and walk in closet. Washer and dryer in unit. HVAC replaced in 2019, and hot water heater replaced in 2021. Roof replaced in 2018

Getting Around

20
WalkingCar-Dependent
33
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

9/10
Combs ElementaryGrades PK-50.9 mi
2/10
Centennial Campus MiddleGrades 6-83.4 mi
8/10
Athens Drive HighGrades 9-120.8 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Transitional
  • Property subType: Condominium,Residential,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Free-Standing Electric Range,Microwave,Washer,Water Heater
  • Laundry features: In Unit,Laundry Closet

Bedrooms & Bathrooms

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

Features

  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,172

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total structure area: 1,172
  • Total interior livable area: 1,172 sqft

Property

Details

  • Parcel number: 0783920457
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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

How This Home’s Risks Compare

Hail
Heat Wave

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 $1,364$16,368
Home Insurance *$79$948
Property Taxes $155$1,860
Electricity $200$2,405
Total$1,798$21,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,645/yr
40% on housing$53,940/yr
45% on housing$47,946/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

$230This 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)

Price History

DateEventPrice
2026-03-06Listed for sale$273,000
2017-08-04Sold$125,000
2017-04-15Pending sale$125,000
2017-04-15Listed for sale$125,000
2014-12-04Listing removed$400
2014-10-29Listed for rent$400
2012-11-09Listing removed$98,900
2012-10-23Listed for sale$98,900
2007-03-16Sold$97,500
2004-08-19Sold$101,000

For Sale by Agent

AgentSara DuChon
BrokerageCorcoran DeRonja Real Estate

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