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1203 Schaub Dr; Raleigh, NC Property Details

1203 Schaub Dr, Raleigh, NC is a Condominium that was built in 1972. This property is currently Financed and is not for sale. Our records show that 1203 Schaub Dr has 2 bedrooms, and 1.5 bathrooms, and a total of 1,140 square feet.

Off market
1203 Schaub Dr Raleigh, NC 27606
$68,000 Listing Price
2 Beds
1.5 Baths
1,140 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1972
  • Purchase Price: $68,000
  • Open Loans / Balance: 1 / $7,236
  • Est. Equity / %: $167,764 / 95.87%
  • Gross Yield: 7.982%
  • APN: 0783.07-79-2872-194
  • Situs County: Wake
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,140/SqFt
  • Gross: 1,140/SqFt
  • Living: 1,140/SqFt
  • Building: 1,140/SqFt
  • Price Per Square Foot: $59.65

Legal Description

  • Description: DRIFTWOOD MANOR CONDOMINIUM UN1203-S
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.782097 / -78.70537
  • Subdivision: Driftwood Manor Condominium
  • Property Class: Residential
  • Zoning: RX-3
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1807
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $275
  • H O A Amount: $275
  • H O A One Frequency: Monthly
  • H O A One Name: Driftwood Manor Condominium
  • H O A One Type: Condo Owner Association

Ownership Info

1203 Schaub Dr has no associated ownership info
1203 Schaub Dr has no associated ownership info.

Taxes

1203 Schaub Dr has 8 associated Taxes items

1203 Schaub 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 $187,869. The APN we've located for 1203 Schaub Dr is 0783.07-79-2872-194.

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Taxes
  • Assessed Value:  $187,869
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0783.07-79-2872-194
  • Tax Amount:  1658.4
  • Tax Year:  2025
  • Market Value:  187869
  • Market Year:  2025

Tax History

1203 Schaub Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $187,869 Land Value Improvement Value $187,869 Tax Amount $1,658.4 Change Rate +0.004093% Assessed CR Tax Rate +0.008827%
Year 2024 Assessed Value $187,869 Land Value Improvement Value $187,869 Tax Amount $1,651.64 Change Rate +0.409033% Assessed CR Tax Rate +0.008791%
Year 2023 Assessed Value $105,704 Land Value Improvement Value $105,704 Tax Amount $1,172.18 Change Rate +0.075138% Assessed CR Tax Rate +0.011089%
Year 2022 Assessed Value $105,704 Land Value Improvement Value $105,704 Tax Amount $1,090.26 Change Rate +0.039828% Assessed CR Tax Rate +0.010314%
Year 2021 Assessed Value $105,704 Land Value Improvement Value $105,704 Tax Amount $1,048.5 Change Rate +0.018278% Assessed CR Tax Rate +0.009919%
Year 2020 Assessed Value $105,704 Land Value Improvement Value $105,704 Tax Amount $1,029.68 Change Rate +0.459876% Assessed CR Tax Rate +0.009741%
Year 2019 Assessed Value $59,136 Land Value Improvement Value $59,136 Tax Amount $705.32 Change Rate +0.058848% Assessed CR Tax Rate +0.011927%
Year 2018 Assessed Value $59,136 Land Value Improvement Value $59,136 Tax Amount $666.12 Change Rate Assessed CR Tax Rate +0.011264%
Year 2017 Assessed Value $59,136 Land Value Improvement Value $59,136 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $59,136 Land Value Improvement Value $59,136 Tax Amount $622.48 Change Rate -0.074531% Assessed CR Tax Rate +0.010526%
Year 2015 Assessed Value $63,024 Land Value Improvement Value $63,024 Tax Amount $672.61 Change Rate +0.052977% Assessed CR Tax Rate +0.010672%
Year 2014 Assessed Value $63,024 Land Value Improvement Value $63,024 Tax Amount $638.77 Change Rate Assessed CR Tax Rate +0.010135%