Taxes
- Assessed Value: $502,081
- Assessed Year: 2025
- Assessed County: Wake
- APN: 1703.15-52-0693-000
- Assessed Land Value: 327250
- Market Land Value: 327250
- Tax Amount: 4418.65
- Tax Year: 2025
- Market Value: 502081
- Market Year: 2025
121 Prospect Ave; Raleigh, NC Property Details
For Rent
121 Prospect Ave Raleigh, NC 27603
$1,400 Listing Price
2 Beds
3 Baths
1,398 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1940
- Purchase Price: $325,000
- Open Loans / Balance: 1 / $1,498,500
- Est. Equity / %: $-942,500 / -169.51%
- Gross Yield: 6.229%
- APN: 1703.15-52-0693-000
- Situs County: Wake
- Length Of Ownership: 11 years, 4 months
Rooms
- Bedrooms: 2
- Bathrooms: 3
- Full Bathrooms: 3
- Total Rooms: 9
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Fair
- Building Quality: D
- Roof Type: Gable
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,398/SqFt
- Lot: 10,890/SqFt
- Gross: 1,398/SqFt
- Living: 1,398/SqFt
- Building: 1,398/SqFt
- Ground: 1,398/SqFt
- Price Per Square Foot: $232.47
Legal Description
- Description: LO175 & PT ALLEY CARALEIGH MILLS
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: 35.76249 / -78.64577
- Subdivision: & Pt Alley Caraleigh Mills
- Property Class: Residential
- Zoning: R-6
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2445
- Cooling: None
- Heating: Forced air unit
Ownership Info
121 Prospect Ave has no associated ownership info
121 Prospect Ave has no associated ownership info.
Taxes
121 Prospect Ave has 10 associated Taxes items
121 Prospect 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 $502,081. The APN we've located for 121 Prospect Ave is 1703.15-52-0693-000.
Unlock the full reportTax History
121 Prospect Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $502,081 | Land Value $327,250 | Improvement Value $174,831 | Tax Amount $4,418.65 | Change Rate +0.004106% | Assessed CR | Tax Rate +0.008801% |
| Year 2024 | Assessed Value $502,081 | Land Value $327,250 | Improvement Value $174,831 | Tax Amount $4,400.58 | Change Rate +0.651243% | Assessed CR | Tax Rate +0.008765% |
| Year 2023 | Assessed Value $240,827 | Land Value $120,000 | Improvement Value $120,827 | Tax Amount $2,665.01 | Change Rate +0.075308% | Assessed CR | Tax Rate +0.011066% |
| Year 2022 | Assessed Value $240,827 | Land Value $120,000 | Improvement Value $120,827 | Tax Amount $2,478.37 | Change Rate +0.039916% | Assessed CR | Tax Rate +0.010291% |
| Year 2021 | Assessed Value $240,827 | Land Value $120,000 | Improvement Value $120,827 | Tax Amount $2,383.24 | Change Rate +0.691429% | Assessed CR | Tax Rate +0.009896% |
| Year 2020 | Assessed Value $143,321 | Land Value $120,000 | Improvement Value $23,321 | Tax Amount $1,409.01 | Change Rate +0.436842% | Assessed CR | Tax Rate +0.009831% |
| Year 2019 | Assessed Value $81,165 | Land Value $48,000 | Improvement Value $33,165 | Tax Amount $980.63 | Change Rate | Assessed CR | Tax Rate +0.012082% |
| Year 2018 | Assessed Value $81,165 | Land Value $48,000 | Improvement Value $33,165 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $81,165 | Land Value $48,000 | Improvement Value $33,165 | Tax Amount $884.35 | Change Rate +0.020117% | Assessed CR | Tax Rate +0.010896% |
| Year 2016 | Assessed Value $81,165 | Land Value $48,000 | Improvement Value $33,165 | Tax Amount $866.91 | Change Rate +0.015188% | Assessed CR | Tax Rate +0.010681% |
| Year 2015 | Assessed Value $78,604 | Land Value $50,400 | Improvement Value $28,204 | Tax Amount $853.94 | Change Rate | Assessed CR | Tax Rate +0.010864% |
| Year 2014 | Assessed Value $78,604 | Land Value $50,400 | Improvement Value $28,204 | Tax Amount | Change Rate | Assessed CR | Tax Rate |