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1216 E Martin St; Raleigh, NC Property Details

1216 E Martin St, Raleigh, NC is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 1216 E Martin St has 4 bedrooms, and 1 bathroom, and a total of 1,287 square feet. The lot size of 1216 E Martin St is 5,663 square feet.

For Rent
1216 E Martin St Raleigh, NC 27610
$1,300 Listing Price
4 Beds
1 Baths
1,287 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1948
  • Purchase Price: $106,000
  • Open Loans / Balance: 1 / $63,462
  • Est. Equity / %: $316,538 / 83.3%
  • Gross Yield: 7.001%
  • APN: 1713.06-27-7597-000
  • Situs County: Wake
  • Length Of Ownership: 12 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,287/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,287/SqFt
  • Living: 1,287/SqFt
  • Building: 1,287/SqFt
  • Ground: 1,287/SqFt
  • Price Per Square Foot: $82.36

Legal Description

  • Description: LO40 MARGARETTA SUB BM1935-00014
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: 35.77601 / -78.619736
  • Subdivision: Margaretta Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2608
  • Cooling: None
  • Heating: Forced air unit

Ownership Info

1216 E Martin St has no associated ownership info
1216 E Martin St has no associated ownership info.

Taxes

1216 E Martin St has 10 associated Taxes items

1216 E Martin 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 $362,458. The APN we've located for 1216 E Martin St is 1713.06-27-7597-000.

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Taxes
  • Assessed Value:  $362,458
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1713.06-27-7597-000
  • Assessed Land Value:  210000
  • Market Land Value:  210000
  • Tax Amount:  3181
  • Tax Year:  2025
  • Market Value:  362458
  • Market Year:  2025

Tax History

1216 E Martin St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $362,458 Land Value $210,000 Improvement Value $152,458 Tax Amount $3,181 Change Rate +0.004119% Assessed CR Tax Rate +0.008776%
Year 2024 Assessed Value $362,458 Land Value $210,000 Improvement Value $152,458 Tax Amount $3,167.95 Change Rate +0.170549% Assessed CR Tax Rate +0.00874%
Year 2023 Assessed Value $246,457 Land Value $135,000 Improvement Value $111,457 Tax Amount $2,706.38 Change Rate +0.075933% Assessed CR Tax Rate +0.010981%
Year 2022 Assessed Value $246,457 Land Value $135,000 Improvement Value $111,457 Tax Amount $2,515.38 Change Rate +0.040264% Assessed CR Tax Rate +0.010206%
Year 2021 Assessed Value $246,457 Land Value $135,000 Improvement Value $111,457 Tax Amount $2,418.02 Change Rate +0.018474% Assessed CR Tax Rate +0.009811%
Year 2020 Assessed Value $246,457 Land Value $135,000 Improvement Value $111,457 Tax Amount $2,374.16 Change Rate +0.882581% Assessed CR Tax Rate +0.009633%
Year 2019 Assessed Value $107,095 Land Value $59,500 Improvement Value $47,595 Tax Amount $1,261.12 Change Rate +0.059658% Assessed CR Tax Rate +0.011776%
Year 2018 Assessed Value $107,095 Land Value $59,500 Improvement Value $47,595 Tax Amount $1,190.12 Change Rate +0.049387% Assessed CR Tax Rate +0.011113%
Year 2017 Assessed Value $107,095 Land Value $59,500 Improvement Value $47,595 Tax Amount $1,134.11 Change Rate Assessed CR Tax Rate +0.01059%
Year 2016 Assessed Value $107,095 Land Value $59,500 Improvement Value $47,595 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $81,227 Land Value $34,000 Improvement Value $47,227 Tax Amount $861.11 Change Rate Assessed CR Tax Rate +0.010601%
Year 2014 Assessed Value $81,227 Land Value $34,000 Improvement Value $47,227 Tax Amount Change Rate Assessed CR Tax Rate