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118 E South St; Raleigh, NC Property Details

118 E South St, Raleigh, NC is a Dormitory/group Quarters that was built in 1874. This property is currently Financed and is not for sale. Our records show that 118 E South St has a total of 152,838 square feet. The lot size of 118 E South St is 386,813 square feet.

Off market
118 E South St Raleigh, NC 27601
$87,674,701 Estimated Value
152,838 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1874
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $2,594,259
  • Inv. Liens: 1
  • APN: 1703.50-75-3672-000
  • Situs County: Wake
  • Length Of Ownership: 26 years, 6 months

Structure

  • Building Style: Wood
  • Stories: 4
  • Exterior Wall Type: Brick
  • Building Condition: Fair
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 152,838/SqFt
  • Lot: 386,813/SqFt
  • Gross: 152,838/SqFt
  • Living: 152,838/SqFt
  • Building: 152,838/SqFt
  • Ground: 33,122/SqFt
  • Price Per Square Foot: $1.15

Legal Description

  • Description: SHAW UNIVERSITY
Building Insights

Land Information

  • Property Type: Dormitory/Group Quarters
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.770782 / -78.637764
  • Subdivision: Tupper Place
  • Property Class: Residential
  • Zoning: DX-30
  • County Use Code: 67

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2341
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

118 E South St has no associated ownership info
118 E South St has no associated ownership info.

Taxes

118 E South St has 8 associated Taxes items

118 E South 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 $87,674,701. The APN we've located for 118 E South St is 1703.50-75-3672-000.

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Taxes
  • Assessed Value:  $87,674,701
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.50-75-3672-000
  • Assessed Land Value:  65758210
  • Market Land Value:  65758210
  • Market Value:  87674701
  • Market Year:  2025

Tax History

118 E South St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,674,701 Land Value $65,758,210 Improvement Value $21,916,491 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $87,674,701 Land Value $65,758,210 Improvement Value $21,916,491 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $68,593,259 Land Value $50,285,690 Improvement Value $18,307,569 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $68,593,259 Land Value $50,285,690 Improvement Value $18,307,569 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $68,593,259 Land Value $50,285,690 Improvement Value $18,307,569 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $68,593,260 Land Value $50,285,690 Improvement Value $18,307,570 Tax Amount $0.01 Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $32,503,354 Land Value $17,406,585 Improvement Value $15,096,769 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $32,503,354 Land Value $17,406,585 Improvement Value $15,096,769 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $32,503,354 Land Value $17,406,585 Improvement Value $15,096,769 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $32,503,354 Land Value $17,406,585 Improvement Value $15,096,769 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $26,754,976 Land Value $11,604,390 Improvement Value $15,150,586 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,754,976 Land Value $11,604,390 Improvement Value $15,150,586 Tax Amount Change Rate Assessed CR Tax Rate