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1201 New Bern Ave; Raleigh, NC Property Details

1201 New Bern Ave, Raleigh, NC is a Drive-thru Restaurant that was built in 2002. This property is currently Financed and is not for sale. Our records show that 1201 New Bern Ave has a total of 839 square feet. The lot size of 1201 New Bern Ave is 24,394 square feet.

Off market
1201 New Bern Ave Raleigh, NC 27610
$1,190,362 Estimated Value
839 SqFt
Property Type
Drive-thru Restaurant
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2002
  • Purchase Price: $310,000
  • Open Loans / Balance: 1 / $208,054
  • APN: 1713.05-29-1140-000
  • Situs County: Wake
  • Length Of Ownership: 25 years

Structure

  • Building Style: Steel
  • Stories: 1
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 839/SqFt
  • Lot: 24,394/SqFt
  • Gross: 839/SqFt
  • Living: 839/SqFt
  • Building: 839/SqFt
  • Ground: 839/SqFt
  • Price Per Square Foot: $369.49

Legal Description

  • Description: SURVEY OF FORMER HARDEES SITE
Building Insights

Land Information

  • Property Type: Drive-thru Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.78019 / -78.62187
  • Subdivision: Reaves Prop Surv
  • Property Class: Commercial
  • Zoning: NX-3
  • County Use Code: 41

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2529
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1201 New Bern Ave has no associated ownership info
1201 New Bern Ave has no associated ownership info.

Taxes

1201 New Bern Ave has 10 associated Taxes items

1201 New Bern Ave, 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 $1,190,362. The APN we've located for 1201 New Bern Ave is 1713.05-29-1140-000.

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Taxes
  • Assessed Value:  $1,190,362
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1713.05-29-1140-000
  • Assessed Land Value:  974784
  • Market Land Value:  974784
  • Tax Amount:  10381.15
  • Tax Year:  2025
  • Market Value:  1190362
  • Market Year:  2025

Tax History

1201 New Bern Ave has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,190,362 Land Value $974,784 Improvement Value $215,578 Tax Amount $10,381.15 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $1,190,362 Land Value $974,784 Improvement Value $215,578 Tax Amount $10,338.3 Change Rate +0.030168% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $920,693 Land Value $731,088 Improvement Value $189,605 Tax Amount $10,035.55 Change Rate +0.076544% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $920,693 Land Value $731,088 Improvement Value $189,605 Tax Amount $9,322.01 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $920,693 Land Value $731,088 Improvement Value $189,605 Tax Amount $8,958.34 Change Rate +0.018634% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $920,693 Land Value $731,088 Improvement Value $189,605 Tax Amount $8,794.46 Change Rate +0.530001% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $495,988 Land Value $267,846 Improvement Value $228,142 Tax Amount $5,748.01 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $495,988 Land Value $267,846 Improvement Value $228,142 Tax Amount $5,419.17 Change Rate +0.050274% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $495,988 Land Value $267,846 Improvement Value $228,142 Tax Amount $5,159.77 Change Rate +0.021104% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $495,988 Land Value $267,846 Improvement Value $228,142 Tax Amount $5,053.13 Change Rate -0.057716% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $517,879 Land Value $268,334 Improvement Value $249,545 Tax Amount $5,362.64 Change Rate +0.054695% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $517,879 Land Value $268,334 Improvement Value $249,545 Tax Amount $5,084.54 Change Rate Assessed CR Tax Rate +0.009818%
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