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$1,995,000

Beds
4
Baths
3.5
sq ft
3,451

1313 College Place, Raleigh, NC 27605

1313 College Place

Raleigh, NC 27605

  • 4 days on market
Welcome to Dr. Carl W. Bell House is situated at the top of Green Park in Historic Forest Park. The current owners have brought this home back to its former glory over the past 18 months, adding modern elements of comfort and convenience without interfering with her statuesque beauty. Forest Park (formerly known as Cameron Park) was one of Raleigh's original suburbs located on the street car line of Hillsboro Street. Now, it is in the hub of restaurants, shopping, NCSU, and downtown. When you enter the home you are met by 10-foot ceilings, a marble-floored music room, a large living room and a formal dining room with stunning new crystal chandelier. The kitchen has been completely revamped with custom cabinets with inset doors, Viking gas cooktop, and double ovens. There is a mudroom/laundry with back entrance off the kitchen. The first floor is finished off with a library and a new powder room. Upstairs there are 4 bedrooms and 3 full baths. The double doors at the top floor landing lead to the newly redesigned primary suite with a gleaming new walk-in shower, private water closet, and double vanity. All new vast custom-designed walk-in closet. The home also has a walk-up unfinished attic, basement, and back stairs. Outside you have a private walled garden oasis with an expansive brick patio and side porch overlooking Green Park. Previously damaged plaster walls were replaced with sheetrock. The tile roof had tiles removed and replaced by Baker Roofing under previous ownership. All current work was fully permitted and permits closed 6/27/24.

Details

Property type

Single Family Residence

Est. home value

$1,454,477

Property condition

Updated/Remodeled

Lot size

5,662.8 sq ft

Price per sq ft

$579

Year built

1920

Annual property taxes

$10,821.9

Price History

06/28/2024
TriangleMLS

TriangleMLS #10038318

Listed
$1,995,000
+33%
12/07/2022
TriangleMLS

TriangleMLS #2461430

Sold
$1,500,000
+9.09%
01/25/2022
TriangleMLS

TriangleMLS #2425125

Sold
$1,375,000

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

November 2023

Original loan amount

$1,440,000

Est. remaining balance

Not provided

Interest rate

7.85%

Loan type

New Conventional, 30 year

Seller

Chenel Farms Leasing Llc

Lender

Farmers & Merchants Bank

Loan start date

December 2022

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

6.92%

Loan type

Commercial

Seller

Chenel Farms Leasing Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 7:30 PM

Listing updated: 06/28/2024 at 11:04 AM

Listed by: Carolyn Swenson, Allen Tate/Raleigh-Glenwood Phone #: (919) 719-2900

MLS: TriangleMLS #10038318

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