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1218 Downing Rd; Raleigh, NC Property Details

1218 Downing Rd, Raleigh, NC is a Single Family that was built in 1955. This property is currently a cash purchase and is not for sale. Our records show that 1218 Downing Rd has 3 bedrooms, and 1 bathroom, and a total of 1,265 square feet. The lot size of 1218 Downing Rd is 9,148 square feet.

Off market
1218 Downing Rd Raleigh, NC 27610
$319,900 Listing Price
3 Beds
1 Baths
1,265 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $66,500
  • Open Loans / Balance: 1 / $69,242
  • Est. Equity / %: $231,758 / 77%
  • Gross Yield: 7.112%
  • APN: 1714.11-65-0605-000
  • Situs County: Wake
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,265/SqFt
  • Lot: 9,148/SqFt
  • Gross: 1,265/SqFt
  • Living: 1,265/SqFt
  • Building: 1,265/SqFt
  • Ground: 1,265/SqFt
  • Price Per Square Foot: $52.57

Legal Description

  • Description: LO177 LOCKWOOD SE1 BLV
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: 35.798138 / -78.60877
  • Subdivision: Lockwood Sec 01
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1012
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1218 Downing Rd has no associated ownership info
1218 Downing Rd has no associated ownership info.

Taxes

1218 Downing Rd has 10 associated Taxes items

1218 Downing Rd, 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 $304,311. The APN we've located for 1218 Downing Rd is 1714.11-65-0605-000.

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Taxes
  • Assessed Value:  $304,311
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.11-65-0605-000
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  2673.89
  • Tax Year:  2025
  • Market Value:  304311
  • Market Year:  2025

Tax History

1218 Downing Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $304,311 Land Value $175,000 Improvement Value $129,311 Tax Amount $2,673.89 Change Rate +0.004112% Assessed CR Tax Rate +0.008787%
Year 2024 Assessed Value $304,311 Land Value $175,000 Improvement Value $129,311 Tax Amount $2,662.94 Change Rate +0.222401% Assessed CR Tax Rate +0.008751%
Year 2023 Assessed Value $198,023 Land Value $95,000 Improvement Value $103,023 Tax Amount $2,178.45 Change Rate +0.075788% Assessed CR Tax Rate +0.011001%
Year 2022 Assessed Value $198,023 Land Value $95,000 Improvement Value $103,023 Tax Amount $2,024.98 Change Rate +0.040174% Assessed CR Tax Rate +0.010226%
Year 2021 Assessed Value $198,023 Land Value $95,000 Improvement Value $103,023 Tax Amount $1,946.77 Change Rate +0.018441% Assessed CR Tax Rate +0.009831%
Year 2020 Assessed Value $198,023 Land Value $95,000 Improvement Value $103,023 Tax Amount $1,911.52 Change Rate +0.387613% Assessed CR Tax Rate +0.009653%
Year 2019 Assessed Value $117,142 Land Value $40,000 Improvement Value $77,142 Tax Amount $1,377.56 Change Rate +0.059743% Assessed CR Tax Rate +0.01176%
Year 2018 Assessed Value $117,142 Land Value $40,000 Improvement Value $77,142 Tax Amount $1,299.9 Change Rate +0.049474% Assessed CR Tax Rate +0.011097%
Year 2017 Assessed Value $117,142 Land Value $40,000 Improvement Value $77,142 Tax Amount $1,238.62 Change Rate +0.020751% Assessed CR Tax Rate +0.010574%
Year 2016 Assessed Value $117,142 Land Value $40,000 Improvement Value $77,142 Tax Amount $1,213.44 Change Rate +0.131645% Assessed CR Tax Rate +0.010359%
Year 2015 Assessed Value $101,621 Land Value $32,000 Improvement Value $69,621 Tax Amount $1,072.28 Change Rate +0.05361% Assessed CR Tax Rate +0.010552%
Year 2014 Assessed Value $101,621 Land Value $32,000 Improvement Value $69,621 Tax Amount $1,017.72 Change Rate Assessed CR Tax Rate +0.010015%