$720,000
OPEN SAT 12PM - 2PM

Estimated payment $4,154/month

Total Views 20,193
2 Beds
1 Bath
1,223 Sq Ft
$589 Price per Sq Ft

Highlights

  • Hot Property
  • Additional Residence on Property
  • Property is near public transit
  • Olds Elementary School Rated A
  • City View
  • Wood Flooring

About This Home

A rare, high-yield opportunity across from NC State Campus Life. 1930s Historic Stone Craftsman with brand-new 304 SF ADU along with 1,223 SF main home. Current income $4,800/mo with 4-student lease in place starting July 2026. Prime walkable location less than 2 minutes to campus, steps to CVS & grocery, 1 block to Cuppa Joe, 4 blocks to Target, and 8 blocks to the Bell Tower. Classic charm meets modern functionality with multi-car off street parking, a large covered front porch, formal living room, oversized dining room, home office, sunroom, ceiling fans throughout, a full unfinished basement, on-site laundry and new storage shed plus excellent curb appeal. Minutes to Downtown Raleigh (5 min), Beltline 440/Hillsborough exit (3 min), and Whole Foods & Wade Ave (6 min). Rare turnkey campus-adjacent asset ideal for long-term hold or premium rental strategy.

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 02/05/2026

Compass -- Raleigh

Co-Listing Agent

Ivan Hovis Gobern

Compass -- Raleigh License #289607

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,983

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x90x58x88
  • Vinyl Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Few Trees
  • Private Yard
  • Grass Covered Lot
  • Front Yard
  • Historic Home
  • Property is zoned R-6

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Brick or Stone Mason
  • Concrete Foundation
  • Stone Foundation
  • Architectural Shingle Roof
  • Asbestos Shingle Roof
  • Stucco
  • Lead Paint Disclosure
  • Stone

Interior Spaces

  • 1,223 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Stone Fireplace
  • Blinds
  • Wood Frame Window
  • French Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • City Views

Kitchen

  • Free-Standing Gas Oven
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom
  • Bidet
  • Bathtub

Laundry

  • Dryer
  • Washer

Attic

  • Scuttle Attic Hole
  • Unfinished Attic

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction

Home Security

  • Closed Circuit Camera
  • Smart Thermostat
  • Storm Windows

Parking

  • No Garage
  • Private Driveway
  • On-Street Parking
  • On-Site Parking
  • 2 Open Parking Spaces
  • Parking Permit Required

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

  • Olds Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Electrical and Environmental Controls
  • Additional Residence on Property
  • Property is near public transit
  • Grass Field

Community Details

  • No Home Owners Association
  • Bagwell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079415622600

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,983

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Bagwell
  • Above Grade Finished Sq Ft: 1223.0
  • Architectural Style: Bungalow, National Historic Designation
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Below Grade Unfinished Area: 453.0
  • General Property Information Total Unfinished Area2: 453.0
  • General Property Information Lot Size Dimensions: 50x90x58x88
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Interior Features Dining L: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Bathtub Only: Yes
  • Other Equipment Satellite Dish: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: A rare, high-yield opportunity across from NC State Campus Life. 1930s Historic Stone Craftsman with brand-new 304 SF ADU along with 1,223 SF main home. Current income $4,800/mo with 4-student lease in place starting July 2026. Prime walkable location less than 2 minutes to campus, steps to CVS & grocery, 1 block to Cuppa Joe, 4 blocks to Target, and 8 blocks to the Bell Tower. Classic charm meets modern functionality with multi-car off street parking, a large covered front porch, formal living room, oversized dining room, home office, sunroom, ceiling fans throughout, a full unfinished basement, on-site laundry and new storage shed plus excellent curb appeal. Minutes to Downtown Raleigh (5 min), Beltline 440/Hillsborough exit (3 min), and Whole Foods & Wade Ave (6 min). Rare turnkey campus-adjacent asset ideal for long-term hold or premium rental strategy.
  • General Property Information Senior Community YN: No
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • Fireplace Features Fireplace Screen: Yes
  • In-Law Suite Details Main Foor: Yes
  • In-Law Suite Details Separate Entry: Yes
  • In-Law Suite Details Separate Building: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Phone Available: Yes
  • Basement Unheated: Yes
  • Utilities Water Connected: Yes
  • In-Law Suite Details With Kitchen: Yes
  • General Property Information Above Grade Finished Area: 1223.0
  • General Property Information Main Level Bedrooms: 2
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Fencing Vinyl2: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Vegetation Grassed: Yes
  • Roof Asbestos Shingle: Yes
  • Disclosures Lead Based Paint: Yes
  • Foundation Details Stone2: Yes
  • General Property Information Lot Size Square Feet2: 4792.0
  • General Property Information Lot Size Acres: 0.11
  • Architectural Style National Historic Designation: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • General Property Information Stories2: 1
  • Other Structures Second Residence: Yes
  • General Property Information:Living Area3: 1223.0
  • DelayedMarketingYN: No
  • Special Features: OpenHouse
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Bathtub Only, Bidet, Ceiling Fan(s), Dining L, High Ceilings, Smart Thermostat, Smooth Ceilings
  • Basement: Concrete, Interior Entry, Partial, Unfinished, Unheated
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Gas Oven, Plumbed For Ice Maker, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Entry Location: Livingroom
  • Fireplace Features: Blower Fan, Fireplace Screen, Gas Log, Glass Doors, Living Room, Stone
  • Fireplaces: 1
  • Main Level Bedrooms: 2
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Fireplace Features:Stone3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Unfinished: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Blower Fan: Yes
  • Appliances:Free-Standing Gas Oven: Yes
  • Interior Features:Smart Thermostat: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Glass Doors: Yes
  • Interior Features:Bidet: Yes

Exterior Features

  • Roof: Architectural Shingle, Asbestos Shingle
  • Exterior Features: Lighting, Private Yard, Rain Gutters, Storage
  • Fencing: Vinyl
  • Acres: 0.11
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Stone, Stucco
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Front Porch, Rear Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Window Features:Storm Window(s): Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes
  • Door Features:French Doors: Yes
  • Lot Features:Few Trees: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:City Lot: Yes
  • View:City3: Yes
  • Lot Features:Rectangular Lot: Yes
  • Window Features:Wood Frames: Yes
  • Accessibility Features:Electronic Environmental Controls: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, No Garage, On Site, On Street, Permit Required
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Permit Required: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Central, Fireplace(s), Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Martin

Lot Info

  • Zoning: R-6
  • Lot Dimensions: 50x90x58x88
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 079415622600

Tax Info

  • Tax Annual Amount: 4982.62
  • Tax Year: 2025
  • Tax Map Number: 59

MLS Schools

  • Elementary School: Wake - Olds

3D Interior and Exterior Tours

Floorplans

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,983 $566,750 $300,000 $266,750
2024 $4,080 $467,524 $300,000 $167,524
2023 $4,073 $371,834 $270,000 $101,834
2022 $3,785 $371,834 $270,000 $101,834
2021 $3,638 $371,834 $270,000 $101,834
2020 $3,572 $371,834 $270,000 $101,834
2019 $3,258 $279,366 $127,500 $151,866
2018 $3,072 $279,366 $127,500 $151,866
2017 $2,926 $279,366 $127,500 $151,866
2016 $2,866 $279,366 $127,500 $151,866
2015 $2,300 $220,203 $100,500 $119,703
2014 $2,182 $220,203 $100,500 $119,703
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2026 02/05/26 For Sale $720,000 -- $589 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Deed $120,000 --
Source: Public Records

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(984) 223-9422

Section Image

Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in

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  • 1304 Chamblee Hill Ct, Raleigh, NC 27608

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  • 1307 Chamblee Hill Ct, Raleigh, NC 27608

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  • 1308 Chamblee Hill Ct, Raleigh, NC 27608

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  • 5045 Lundy Dr Unit 102, Raleigh, NC 27606

    $529,000 Pending

    • 3 Beds
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    Wrenwood is where metro energy meets lakeside ease, and where Raleigh living hits its stride. With 5061 Lundy Drive 101 already rented through next year, this designer duet is perfect for a residential investor looking to root their ROI in Oak City. Perfectly planted between Downtown Raleigh and Cary, this duet-style collection puts you minutes from the action at Fenton, the trails at Lake

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  • 5049 Lundy Dr Unit 102, Raleigh, NC 27606

    $529,000 New Construction

    • 3 Beds
    • 3.5 Baths
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    Wrenwood is where metro energy meets lakeside ease, and where Raleigh living hits its stride. With 5061 Lundy Drive 101 already rented through next year, this designer duet is perfect for a residential investor looking to root their ROI in Oak City. Perfectly planted between Downtown Raleigh and Cary, this duet-style collection puts you minutes from the action at Fenton, the trails at Lake

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  • 5061 Lundy Dr Unit 101, Raleigh, NC 27606

    $519,000 New Construction

    • 3 Beds
    • 3.5 Baths
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  • 5061 Lundy Dr Unit 101, Raleigh, NC 27606

    $3,575,000 New Construction

    • 15 Beds
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    • 5061 Lundy Dr
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    *19 units sold, this listing is for the remaining 5 homes, all completed in 2025* Wrenwood is where metro energy meets lakeside ease, and where Raleigh living hits its stride. Perfectly planted between Downtown Raleigh and Cary, this duet-style collection puts you minutes from the action at Fenton, the trails at Lake Johnson, and the RTP taprooms and tech hubs that keep the Triangle buzzing.

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Source: Doorify MLS

MLS Number: 10144719

Doorify MLS

APN: 0794.15-62-2600-000