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116 E Rowan St; Raleigh, NC Property Details

116 E Rowan St, Raleigh, NC is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 116 E Rowan St has 3 bedrooms, and 2 bathrooms, and a total of 1,331 square feet. The lot size of 116 E Rowan St is 11,761 square feet.

Off market
116 E Rowan St Raleigh, NC 27609
$234,900 Listing Price
3 Beds
2 Baths
1,331 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1961
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $110,909
  • Est. Equity / %: $413,091 / 78.83%
  • Gross Yield: 6.831%
  • APN: 1706.19-61-9532-000
  • Situs County: Wake
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,331/SqFt
  • Lot: 11,761/SqFt
  • Gross: 1,331/SqFt
  • Living: 1,331/SqFt
  • Building: 1,331/SqFt
  • Ground: 1,331/SqFt
  • Price Per Square Foot: $169.05

Legal Description

  • Description: LO7 LAKEMONT SE1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.841824 / -78.639175
  • Subdivision: Lakemont
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5728
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

116 E Rowan St has no associated ownership info
116 E Rowan St has no associated ownership info.

Taxes

116 E Rowan St has 10 associated Taxes items

116 E Rowan St, 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 $497,957. The APN we've located for 116 E Rowan St is 1706.19-61-9532-000.

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Taxes
  • Assessed Value:  $497,957
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.19-61-9532-000
  • Assessed Land Value:  475000
  • Market Land Value:  475000
  • Tax Amount:  4362.69
  • Tax Year:  2025
  • Market Value:  497957
  • Market Year:  2025

Tax History

116 E Rowan St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $497,957 Land Value $475,000 Improvement Value $22,957 Tax Amount $4,362.69 Change Rate +0.004127% Assessed CR Tax Rate +0.008761%
Year 2024 Assessed Value $497,957 Land Value $475,000 Improvement Value $22,957 Tax Amount $4,344.76 Change Rate +0.277288% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $310,234 Land Value $240,000 Improvement Value $70,234 Tax Amount $3,401.55 Change Rate +0.076058% Assessed CR Tax Rate +0.010964%
Year 2022 Assessed Value $310,234 Land Value $240,000 Improvement Value $70,234 Tax Amount $3,161.12 Change Rate +0.040331% Assessed CR Tax Rate +0.010189%
Year 2021 Assessed Value $310,234 Land Value $240,000 Improvement Value $70,234 Tax Amount $3,038.57 Change Rate +0.018509% Assessed CR Tax Rate +0.009794%
Year 2020 Assessed Value $310,234 Land Value $240,000 Improvement Value $70,234 Tax Amount $2,983.35 Change Rate +0.088373% Assessed CR Tax Rate +0.009616%
Year 2019 Assessed Value $234,801 Land Value $130,000 Improvement Value $104,801 Tax Amount $2,741.11 Change Rate +0.06021% Assessed CR Tax Rate +0.011674%
Year 2018 Assessed Value $234,801 Land Value $130,000 Improvement Value $104,801 Tax Amount $2,585.44 Change Rate +0.049865% Assessed CR Tax Rate +0.011011%
Year 2017 Assessed Value $234,801 Land Value $130,000 Improvement Value $104,801 Tax Amount $2,462.64 Change Rate +0.020932% Assessed CR Tax Rate +0.010488%
Year 2016 Assessed Value $234,801 Land Value $130,000 Improvement Value $104,801 Tax Amount $2,412.15 Change Rate +0.193578% Assessed CR Tax Rate +0.010273%
Year 2015 Assessed Value $193,234 Land Value $120,000 Improvement Value $73,234 Tax Amount $2,020.94 Change Rate Assessed CR Tax Rate +0.010459%
Year 2014 Assessed Value $193,234 Land Value $120,000 Improvement Value $73,234 Tax Amount Change Rate Assessed CR Tax Rate