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116 W Drewry Ln; Raleigh, NC Property Details

116 W Drewry Ln, Raleigh, NC is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 116 W Drewry Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 2,067 square feet. The lot size of 116 W Drewry Ln is 18,295 square feet.

Off market
116 W Drewry Ln Raleigh, NC 27609
$362,000 Listing Price
3 Beds
1.5 Baths
2,067 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $362,000
  • Open Loans / Balance: 4 / $623,378
  • Est. Equity / %: $291,622 / 31.87%
  • Gross Yield: 7.662%
  • APN: 1705.12-75-5574-000
  • Situs County: Wake
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Excellent
  • Building Quality: B
  • Roof Type: Gable
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 2,067/SqFt
  • Lot: 18,295/SqFt
  • Gross: 2,067/SqFt
  • Living: 2,067/SqFt
  • Building: 2,067/SqFt
  • Ground: 2,067/SqFt
  • Price Per Square Foot: $175.13

Legal Description

  • Description: LO33 DREWRY HILLS BL2
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: 35.825447 / -78.63711
  • Subdivision: Drewry Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7714
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Name: Method Townhomes Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

116 W Drewry Ln has no associated ownership info
116 W Drewry Ln has no associated ownership info.

Taxes

116 W Drewry Ln has 10 associated Taxes items

116 W Drewry Ln, 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 $901,188. The APN we've located for 116 W Drewry Ln is 1705.12-75-5574-000.

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Taxes
  • Assessed Value:  $901,188
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1705.12-75-5574-000
  • Assessed Land Value:  630000
  • Market Land Value:  630000
  • Tax Amount:  7879.26
  • Tax Year:  2025
  • Market Value:  901188
  • Market Year:  2025

Tax History

116 W Drewry Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $901,188 Land Value $630,000 Improvement Value $271,188 Tax Amount $7,879.26 Change Rate +0.004134% Assessed CR Tax Rate +0.008743%
Year 2024 Assessed Value $901,188 Land Value $630,000 Improvement Value $271,188 Tax Amount $7,846.82 Change Rate +0.162433% Assessed CR Tax Rate +0.008707%
Year 2023 Assessed Value $617,462 Land Value $405,000 Improvement Value $212,462 Tax Amount $6,750.34 Change Rate +0.206786% Assessed CR Tax Rate +0.010932%
Year 2022 Assessed Value $550,484 Land Value $405,000 Improvement Value $145,484 Tax Amount $5,593.65 Change Rate +0.040445% Assessed CR Tax Rate +0.010161%
Year 2021 Assessed Value $550,484 Land Value $405,000 Improvement Value $145,484 Tax Amount $5,376.21 Change Rate +0.018565% Assessed CR Tax Rate +0.009766%
Year 2020 Assessed Value $550,484 Land Value $405,000 Improvement Value $145,484 Tax Amount $5,278.22 Change Rate +0.157847% Assessed CR Tax Rate +0.009588%
Year 2019 Assessed Value $391,635 Land Value $270,000 Improvement Value $121,635 Tax Amount $4,558.65 Change Rate +0.060398% Assessed CR Tax Rate +0.01164%
Year 2018 Assessed Value $391,635 Land Value $270,000 Improvement Value $121,635 Tax Amount $4,299 Change Rate +0.050027% Assessed CR Tax Rate +0.010977%
Year 2017 Assessed Value $391,635 Land Value $270,000 Improvement Value $121,635 Tax Amount $4,094.18 Change Rate +0.020998% Assessed CR Tax Rate +0.010454%
Year 2016 Assessed Value $391,635 Land Value $270,000 Improvement Value $121,635 Tax Amount $4,009.98 Change Rate -0.03632% Assessed CR Tax Rate +0.010239%
Year 2015 Assessed Value $399,914 Land Value $234,000 Improvement Value $165,914 Tax Amount $4,161.11 Change Rate +0.05442% Assessed CR Tax Rate +0.010405%
Year 2014 Assessed Value $399,914 Land Value $234,000 Improvement Value $165,914 Tax Amount $3,946.35 Change Rate Assessed CR Tax Rate +0.009868%