1501 Graduate Lane
Raleigh, NC, 27606 $ 308,900
Bedrooms4 Baths4.0 Sq 1,224 Monthly Estimate*
$ 2,133
for $308,900 with 4 bedrooms and 4 full baths. This 1,224 square foot condo was built in 2014.
Don't miss this exceptional 4-bedroom, 4-full-bath condominium in one of the most desirable locations near NC State University! The Wolfline bus stop is just steps away, providing convenient transportation to campus without the need to drive. Built in 2014, this is the newest building in university commons condo, while most neighboring buildings were constructed around 1996, offering the advantages of newer construction and a more modern design. This well-maintained, move-in-ready second-floor home features one of the community's most practical floor plans with: * Four spacious bedroom suites, each with its own private full bathroom, closet, and ceiling fan * Luxury vinyl plank (LVP) flooring throughout the main living areas * Updated kitchen appliances, including a brand-new refrigerator, stove, and microwave * Spacious living room with adjoining dining area * Functional kitchen with abundant cabinet space * Separate laundry room * Private balcony with additional storage * Peaceful tree-lined views from the living room and several bedrooms, creating a relaxing retreat The second-floor location is widely considered the most desirable level in this three-story building, offering added privacy, security, and easy accessibility. An Outstanding Raleigh Location Enjoy the perfect balance of a quiet, tree-lined neighborhood and outstanding convenience. Just minutes away you'll find: * NC State University and Centennial Campus * Wolfline bus stop only steps from the building * Grocery stores including Harris Teeter, Food Lion, ALDI, and Publix * Shopping, restaurants, coffee shops, and everyday conveniences along Avent Ferry Road and Western Boulevard * Crossroads Plaza in Cary, offering Target, HomeGoods, Best Buy, TJ Maxx, Dick's Sporting Goods, and numerous dining options * Downtown Raleigh, with its vibrant restaurants, breweries, museums, festivals, and nightlife * Pullen Park, Dorothea Dix Park, and Lake Johnson Park, featuring walking trails, playgrounds, and year-round outdoor recreation * Easy access to I-40, I-440, US-1, Cary, Morrisville, and Research Triangle Park (RTP), making commuting throughout the Triangle simple and convenient Whether you're purchasing for your own residence, as housing for NC State students, or as an investment property, this home offers an ideal combination of location, privacy, modern updates, and a highly desirable four-suite floor plan. Move-in ready with newer construction, beautiful wooded views, and an unbeatable location—this is an opportunity you don't want to miss! Please ask your agent to refer to agent remark for additional information.
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FeaturesGeneralSewer Public Sewer
Heating Central Forced Air
Cooling Ceiling Fan(s) Central Air Electric
Roof Shingle
Appliances Free-Standing Electric Range Microwave Refrigerator Washer/Dryer
Zoning R-10
HOA Fee 210
Association Fee Includes Maintenance Grounds
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 2014
Stories Count 3
Levels Three Or More
Property Subtype Condominium
Assoc Fee Paid Per Monthly
County Wake
New Construction false
Property Type Residential
HOA true
Subdivision Name University Commons Condos
Garage Y/N false
Total Rooms 11
Full Baths 4
Status Pending
Directions From I-40 take exit 289 for Wade Avenue toward I-440/US-1 N.Turn right onto Faircloth St. Continue onto Gorman St. Turn left onto Graduate Ln.Turn left to stay on Graduate Ln. Home will be on the left!
High School Wake - Athens Drive High
City Raleigh
Senior Community Y/N false
Open Parking Spaces 30
Lot Size Square Feet 0
Elementary School Wake - Combs Elementary
Tax Annual Amount 2539.9
Middle/Junior High School Wake - Centennial Campus Middle
Structure Type Site Built
Standard Status Pending
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InteriorFlooring Luxury Vinyl Vinyl
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 1224
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
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ExteriorWater Source Public
Foundation Details Slab
Building Area Total 1224
Lot Size Acres 0
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* Excluded FeaturesList ByMary.yu008@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,133
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Raleigh, NC
Average List Price $516,287
Percent of Sale Price 67%
About Raleigh, NC 449,258 Population
53% Since 2002
$ 61,541 Median Income
35.12 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Wake - Athens Drive High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2026 | $308,900 | -1.91% | Price Down |
| 8/19/2026 | $314,900 | | Listed Price |