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1041 Wake Towne Dr; Raleigh, NC Property Details

1041 Wake Towne Dr, Raleigh, NC is a Hotel that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 1041 Wake Towne Dr has a total of 81,973 square feet. The lot size of 1041 Wake Towne Dr is 193,842 square feet.

Off market
1041 Wake Towne Dr Raleigh, NC 27609
$15,095,289 Estimated Value
81,973 SqFt
Property Type
Hotel
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1986
  • Purchase Price: $14,509,000
  • APN: 1715.09-15-7164-000
  • Situs County: Wake
  • Length Of Ownership: 12 years

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Tilt-up (pre-cast concrete)
  • Building Condition: Good
  • Roof Type: Gable
  • Pool Type: Yes
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 81,973/SqFt
  • Lot: 193,842/SqFt
  • Gross: 81,973/SqFt
  • Living: 81,973/SqFt
  • Basement: 10,026/SqFt
  • Building: 81,973/SqFt
  • Ground: 8,556/SqFt
  • Price Per Square Foot: $177.00

Legal Description

  • Description: PROP CHARLES W GADDY TR1 BM1985-01952
Building Insights

Land Information

  • Property Type: Hotel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.824078 / -78.62298
  • Property Class: Commercial
  • Zoning: CX-3
  • County Use Code: 28

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 7850
  • Cooling: Central
  • Heating: Central

Ownership Info

1041 Wake Towne Dr has no associated ownership info
1041 Wake Towne Dr has no associated ownership info.

Taxes

1041 Wake Towne Dr has 10 associated Taxes items

1041 Wake Towne Dr, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $15,095,289. The APN we've located for 1041 Wake Towne Dr is 1715.09-15-7164-000.

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Taxes
  • Assessed Value:  $15,095,289
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1715.09-15-7164-000
  • Assessed Land Value:  2209799
  • Market Land Value:  2209799
  • Tax Amount:  131646.02
  • Tax Year:  2025
  • Market Value:  15095289
  • Market Year:  2025

Tax History

1041 Wake Towne Dr has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,095,289 Land Value $2,209,799 Improvement Value $12,885,490 Tax Amount $131,646.02 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $15,095,289 Land Value $2,209,799 Improvement Value $12,885,490 Tax Amount $131,102.59 Change Rate -0.310423% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $17,442,218 Land Value $1,657,349 Improvement Value $15,784,869 Tax Amount $190,120.17 Change Rate +0.076543% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $17,442,218 Land Value $1,657,349 Improvement Value $15,784,869 Tax Amount $176,602.45 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $17,442,218 Land Value $1,657,349 Improvement Value $15,784,869 Tax Amount $169,712.78 Change Rate -0.02696% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $18,259,531 Land Value $1,657,349 Improvement Value $16,602,182 Tax Amount $174,415.05 Change Rate +0.073423% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $14,020,615 Land Value $1,655,411 Improvement Value $12,365,204 Tax Amount $162,484.91 Change Rate Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $14,020,615 Land Value $1,655,411 Improvement Value $12,365,204 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $14,020,615 Land Value $1,655,411 Improvement Value $12,365,204 Tax Amount $145,856.45 Change Rate +0.021103% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $14,020,615 Land Value $1,655,411 Improvement Value $12,365,204 Tax Amount $142,842.02 Change Rate +0.522806% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $9,058,603 Land Value $1,647,657 Improvement Value $7,410,946 Tax Amount $93,801.84 Change Rate +0.054695% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $9,058,603 Land Value $1,647,657 Improvement Value $7,410,946 Tax Amount $88,937.37 Change Rate Assessed CR Tax Rate +0.009818%
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