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$1,650,000

Beds
5
Baths
5.0
sq ft
5,070

3222 Sussex Road, Raleigh, NC 27607

3222 Sussex Road

Raleigh, NC 27607

  • 32 days on market
Rarely do opportunities arise to own one of the cherished homes overlooking the private pond in Coley Forest. Technically Coley Lake, neighbors and dog walkers catch occasional glimpses of this magical spot in one of the prettiest neighborhoods of all of Raleigh as they walk down Sussex Road and peer through the trees between houses. Here, you will likely spend long afternoons enjoying the peacefulness, serenity and views of the pond beyond from your perch on the uncommonly large and long back deck which stretches the length of the home. More than a half-acre is included here, and whilst in the backyard and park-like setting it's easy to forget that one is in the heart of inside-the-beltline Raleigh. This home, originally constructed in 1968 but given a substantial overhaul in 2007, was built to embrace its position amidst the oaks, pines and magnolias. There's a private balcony off the primary bedroom, a primary viewing deck accessed from the kitchen and family room, and a covered patio off the large walk-out finished basement. The floorplan is Old World traditional and includes a separate dining room and large formal living room. The family room and fireplace overlook the open kitchen. The bulk of the bedrooms are upstairs, along with the bonus room over garage and a sneaky connector room that could be all kinds of marvelous things. The basement is truly enormous, with a built-in wet bar and several large open spaces that could play host to games or media or workout spaces. As a whole, this home is a canvas for its next forever owners to dream and create. Live in it just the way it is or create an entirely new vision. Anything is possible here thanks to the setting, the lot and the location. We look forward to welcoming you to this special home in this incredible neighborhood.

Details

Property type

Single Family Residence

Est. home value

$1,585,582

Lot size

0.55 acres

Price per sq ft

$326

Year built

1968

Annual property taxes

$9,448

Price History

05/31/2024
TriangleMLS

TriangleMLS #10032687

Listed
$1,650,000

Schools & Community

Neighborhood: 

Glenwood

Elementary school: 

Wake - Lacy

Middle school: 

Wake - Martin

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

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$548,117

Est. remaining balance

$392,617

Interest rate

2.35%

Loan type

New Conventional, 10 year

Seller

Francis G Wall and Cindy K Wall

Lender

Branch Banking And Trust Co

Loan start date

August 2019

Original loan amount

$682,400

Est. remaining balance

$496,663

Interest rate

3.16%

Loan type

New Conventional, 15 year

Seller

Francis Gerard Wall and Cindy Kay Wall

Lender

Branch Banking And Trust Co

Loan start date

May 2019

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.66%

Loan type

Credit Line (Revolving)

Seller

Francis G Wall and Cindy K Wall

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 7:55 PM

Listing updated: 06/08/2024 at 9:03 AM

Listed by: David Worters, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10032687

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