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1251 University Ct

Raleigh, NC 27606

4 bd 4 ba 1,177 sqft Built 1997 townhomes
Most recent sale
$240,000
Dec 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2023 Price changed for rent $500 TenantTurner
Sep 5, 2023 Listed for rent $550 TenantTurner
Jun 28, 2023 Listed for rent $550 TenantTurner
Apr 26, 2023 Listed for rent $2,000 Zumper
Mar 25, 2023 Listed for rent $550 Zumper
Aug 1, 2022 Sold $300,000 HiveMLS
Jul 14, 2022 Listed $283,999 MLS #100338779
Jul 13, 2022 Listed $283,999 MLS #2461931
Feb 5, 2022 Listed for rent $2,000 AppfolioUnits
Dec 10, 2021 Sold $240,000 Public Record
Sep 17, 2021 Listed $245,000 MLS #2408559
Apr 13, 2005 Sold $98,000 Public Record
May 10, 2002 Sold $102,000 Public Record
Sep 4, 1997 Sold $103,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $265,680 $265,680 $2,336
2024 $265,680 $265,680 $2,327
2023 $169,391 $169,391 $1,866
2022 $169,391 $169,391 $1,735
2021 $169,391 $169,391 $1,668
2020 $169,391 $169,391 $1,638
2019 $106,959 $106,959 $1,260
2018 $106,959 $106,959 $1,189
2017 $106,959 $106,959 $1,133
2016 $106,959 $106,959 $1,110
2015 $98,111 $98,111 $1,036
2014 $98,111 $98,111 $983
2013 $98,111 $98,111 $919
2012 $98,111 $98,111 $919
2011 $98,111 $98,111 $910
2010 $98,111 $98,111 $910
2009 $98,111 $98,111 $910
2007 $98,111 $98,111 $1,290

Property facts

Year built
1997
Property type
townhomes
Stories
1
Beds
4
Baths
4
Living area
1,177 sqft
Lot size
ZIP code
27606
City
Raleigh
Street
University Ct
Coordinates
35.76338, -78.70234

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,589
Gross rental yield
7.95%
Implied cap rate
5.16%
Trend-extrapolated value

Frequently asked questions

When did 1251 University Ct last sell?
1251 University Ct most recently sold on Dec 10, 2021 for $240,000.
What is the current tax assessment for 1251 University Ct?
The most recent total assessment for 1251 University Ct (year 2025) is $265,680 with $2,336 in property tax.
How does 1251 University Ct's assessment compare to its last sale price?
The current assessment is 10.7% above the last sale price of $240,000.
When was 1251 University Ct built?
1251 University Ct was built in 1997.
How does 1251 University Ct compare to others on University Ct?
We track 8 other properties on University Ct. Browse the list under "Other properties on University Ct" to compare beds, baths, and sale history.
What are the property facts for 1251 University Ct?
1251 University Ct is a 4 bed, 4 bath, 1,177 sqft townhomes.
Is 1251 University Ct a flip candidate?
Yes — 1251 University Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1251 University Ct a tax-appeal candidate?
No — 1251 University Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.3%
2026 Q3
$529.6K
2026 Q4
$516.9K
ZIP 27606 — Median Price History + Forecast

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