See Home Value
$804,466*
House - Off Market

1304 Park Drive

Raleigh, NC 27605
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2254 Sqft
$495,000 - $605,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Refi Sep 29, 2020
Transfer
$357,150 by State Employees Cu
Mortgage Due Oct 01, 2050

About This Property

Rare duplex opportunity in Cameron Park, one of downtown Raleigh's most coveted & beautiful neighborhoods. This colonial two story sits on a corner lot overlooking Green Park, one of three parks. Walk to entertainment, dining, Cameron Village & Glenwood South, distinctively urban. Great prospect for rehab to single family, hold & rent, or build your custom parkland dream home. Each unit has 2 bedrms, 1 bath, living, dining, kitchen & basement; approx. 1127sf each. First time ever offered for sale.

The manager has listed the unit size as 2254 square feet.
Unit Size
2,254Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$244
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942

Price History

Date / Event Date Event Price
Dec 5, 2019 No longer available -
No longer available
Oct 17, 2019 Price Decreased $550,000
↓ $25K (4.4%)
Price Decreased
Sep 25, 2019 Listed $575,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1972
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,240
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAMERON PARK SUBDIVISION
  • Land Acres: 0.17
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PT LOTS 25 & 26 CAMERON PARK

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051200

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0004805
  • District: 01
  • Parcel: 1704.18-31-1575 0004805
  • Lot: 25,26
  • Municipality: RALEIGH
  • Latitude: 35.787
  • Longitude: -78.6521

    Address

  • Full Address: 1304 Park Dr
  • Address - House Number: 1304
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C009
  • 4-Digit Zip Code: 1726
  • Zip Code: 27605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,829

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 835,916
  • High Value: 939,386
  • Low Value: 732,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,150
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Loan Amount: $357,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $473,009
  • Market Land Value: $360,000
  • Market Improvement Value: $113,009

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $473,009
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $113,009



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,401 ft²
$374/ft²
$524,500 Jan 7, 2023
-
$381/mo
Condo
2 Beds
2 Baths
1,365 ft²
$440/ft²
$600,000 Mar 1, 2023
-
$418/mo
Condo
2 Beds
2 Baths
1,492 ft²
$434/ft²
$647,999 Aug 24, 2022
-
$476/mo
Condo
2 Beds
2 Baths
1,157 ft²
$402/ft²
$465,000 Jan 12, 2023
-
$329/mo
Condo
2 Beds
2 Baths
974 ft²
$570/ft²
$554,900 Feb 16, 2022
-
-
Condo
2 Beds
2 Baths
974 ft²
$566/ft²
$550,900 Aug 2, 2022
-
-
Condo
2 Beds
2 Baths
974 ft²
$576/ft²
$560,900 May 9, 2021
-
-

About University


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Frequently Asked Questions

When was property at 1304 Park Drive built and last sold?
The property at 1304 Park Drive was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1304 Park Drive is $581,369.
What are some comparable homes to 1304 Park Drive?
There are currently no comparable homes to 1304 Park Drive.

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