Seller Ready to Sell !! Bring your Offer !! ONLY 147,000.00 !!! Check out this 1 Bedroom, 1 Bath Condo located in a Central North Raleigh neighborhood just minutes from Capital Blvd. OWN Your own home for 147,000.00 !! Private Location near Shopping and Restaurants. Large Master Bedroom with Walk In Closet. Retro Spiral Staircase leads to upstairs Bedroom. Open Living and Dining Room on First floor. LVP throughout first floor. Granite Kitchen Counter tops. This unit should also make a great investment rental unit due to its affordability and central Raleigh location . Schedule your tour before this one gets gone!! Welcome to Lake Ridge Villas Condos in Raleighwhere urban living meets convenient condominium ownership. This one-bedroom, one-bathroom residence offers a functional layout ideal for those seeking an accessible living arrangement in a well-established community. The straightforward design of this unit makes it easy to maintain and occupy. Whether you're looking to establish a primary residence or expand your real estate portfolio, this condominium provides a practical solution in Raleigh. Property being "SOLD AS IS"
Atlantic, located between Capital Boulevard and Atlantic Avenue, is a residential and light-industrial Raleigh neighborhood with mid-century ranch streetscapes and warehouse-style corridors. The neighborhood’s character concentrates around the Atlantic Avenue corridor near the Capital Boulevard ramps, where auto shops, small service storefronts, and long-running local eateries set a workday rhythm. Community pillars include The Raleigh Flea Market at the North Carolina State Fairgrounds, the historic Rialto Theatre, and the State Farmers Market for weekend browsing. Housing leans toward brick ranches and modest infill, with pockets of mature trees buffering busier roads. Green breaks come via nearby greenway segments and parkland, keeping daily routines grounded in outdoor space. The geography reads as practical and connected, with downtown Raleigh and Midtown close by without feeling like an extension of either.
Provided by Walk Score and Local Logic
Offer insights
4331 Lake Ridge Dr · $147,000
$147K and above
75% chance or better to win
Why $147K+ is a strong offer
DAYS ON MARKET
84 days
The average home goes pending in 61 days.
SALE-TO-LIST
97.2%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Ceiling fans
Eat-in kitchen
Granite counters
Combined living and dining room
Storage
Walk-in closet
Bedrooms
1 bedroom
Bathrooms
1 full bathroom
Kitchen
Dishwasher
Electric range
Refrigerator
Laundry & utility
Laundry on the upper level
Flooring
Carpet
Luxury vinyl
Vinyl
Wood
Heating & cooling
Central air
Heat pump
Window units
Ceiling fans
Exterior features
Courtyard
Private entrance
Rain gutters
Storage
Home design
Two levels
Entry on the first level
Parking
Two unassigned open parking spaces in a parking lot
Construction
Vertical and wood siding
Slab foundation
Shingle roof
Utilities
Public water
Public sewer
HOA & community
Community association
Monthly association fee includes grounds maintenance
Community has street lights
Electricity and solar
View estimated energy costs and solar savings for this home
Cozy updated 1 bedroom 1 bath 2 story-style condo. New updates include interior paint, flooring, granite kitchen countertops, stove, dishwasher and some lighting fixtures. This property is real convenient to I-540, Downtown Raleigh, the bus line, many shops and restaurants. Don't let this little gem great for a first-time buyer or investor pass you by!!
Public Records
Sep 11, 2017
Sold
$56,000
$68/sq ft
TMLS #517172
Sep 7, 1999
Sold
$58,000
$70/sq ft
May 28, 1999
Listed
$59,900
$73/sq ft
LET YOUR 1ST TIME BUYER/INVESTOR FALL IN LOVE WITH THIS HUGE 1 BEDROOM. THE SELLER HAS UPDATED AND IT'S READY TO MOVE IN! THE SPIRAL STAIRCASE HAS SUN STREAMING THROUGH THE SKYLIGHT. LEADS TO 19X12 MASTER W/ WALKIN CLOSET. GREAT STORAGE INSIDE & OUT. THIS TIME OF YEAR ENJOY THE PATIO OUT FRONT OR WALK TO POOL. AVAILABLE FOR BACK UP OFFERS ONLY, THRU 09/1/1999.
Public Records
Jan 7, 1997
Sold
$35,000
$42/sq ft
Public Records
Nov 1, 1981
Sold
$29,000
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,277 (+0.4%)
$144,170
2024
$1,272 (+74.6%)
$144,170
2023
$729 (+7.4%)
$144,170
2022
$678 (−13.7%)
$65,006
2021
$785 (+1.8%)
$65,006
2020
$771 (+5.4%)
$65,006
2019
$732 (+5.9%)
$65,006
2018
$691 (+4.9%)
$32,771
2017
$659 (+2.2%)
$32,771
2016
$645 (+9.3%)
$32,771
2015
$590 (+5.4%)
$32,771
2014
$560 (+6.7%)
$55,094
2013
$525
$55,094
2012
$525 (+1.0%)
$55,094
2011
$520
$55,094
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1975
Finished Sq. Ft.
852
Unfinished Sq. Ft.
—
Total Sq. Ft.
852
Year built
1975
Style
Condo/Co-op
County
Wake County
APN
1726.18 30 7563 031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 31, 2026.
R-10
Residential-10 District
R-10 allows single-unit living in a detached house, or tiny house, and twounit living in an attached house or townhouse or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse or apartment. Smaller minimum lot sizes are permitted as part of a compact development.; Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space. Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, and allowed uses may be modified for the R- 10 district within the TOD overlay to enable transitoriented development.; R-10 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preservingcommon open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
50% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27604
Average low and high temperatures (°F)
49
29
54
35
70
46
76
54
78
60
89
69
90
73
82
67
80
63
70
52
65
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4331 Lake Ridge Dr
$143,138
$3,862 under list price of $147K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $115K to $265K.