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12220 The Gates Dr; Raleigh, NC Property Details

12220 The Gates Dr, Raleigh, NC is a Single Family that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 12220 The Gates Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 4,371 square feet. The lot size of 12220 The Gates Dr is 40,511 square feet.

Off market
12220 The Gates Dr Raleigh, NC 27614
$720,000 Listing Price
4 Beds
3.5 Baths
4,371 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $720,000
  • Open Loans / Balance: 1 / $442,232
  • Est. Equity / %: $780,768 / 63.84%
  • Gross Yield: 5.846%
  • APN: 0891.03-42-5162-000
  • Situs County: Wake
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Building Quality: B
  • Deck: true

Measurements

  • Total: 4,371/SqFt
  • Lot: 40,511/SqFt
  • Gross: 4,371/SqFt
  • Garage: 725/SqFt
  • Living: 4,371/SqFt
  • Building: 4,371/SqFt
  • Garage Unfinished: 725/SqFt
  • Price Per Square Foot: $164.72

Legal Description

  • Description: LO12 THE GATES AT ETHANS GLEN BM2007-01
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: 35.980995 / -78.68035
  • Subdivision: The Gate
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Plus Four: 7320
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $101
  • H O A Amount: $101
  • H O A One Frequency: Monthly
  • H O A One Name: Ethans Glen Owners Association In
  • H O A One Type: Home Owner Association

Ownership Info

12220 The Gates Dr has no associated ownership info
12220 The Gates Dr has no associated ownership info.

Taxes

12220 The Gates Dr has 10 associated Taxes items

12220 The Gates 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 $841,314. The APN we've located for 12220 The Gates Dr is 0891.03-42-5162-000.

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Taxes
  • Assessed Value:  $841,314
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0891.03-42-5162-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  5401.04
  • Tax Year:  2025
  • Market Value:  841314
  • Market Year:  2025

Tax History

12220 The Gates Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $841,314 Land Value $200,000 Improvement Value $641,314 Tax Amount $5,401.04 Change Rate +0.029837% Assessed CR Tax Rate +0.00642%
Year 2024 Assessed Value $841,314 Land Value $200,000 Improvement Value $641,314 Tax Amount $5,244.56 Change Rate -0.07439% Assessed CR Tax Rate +0.006234%
Year 2023 Assessed Value $724,133 Land Value $170,000 Improvement Value $554,133 Tax Amount $5,666.06 Change Rate +0.079315% Assessed CR Tax Rate +0.007825%
Year 2022 Assessed Value $724,133 Land Value $170,000 Improvement Value $554,133 Tax Amount $5,249.68 Change Rate +0.02764% Assessed CR Tax Rate +0.00725%
Year 2021 Assessed Value $724,133 Land Value $170,000 Improvement Value $554,133 Tax Amount $5,108.48 Change Rate +0.016864% Assessed CR Tax Rate +0.007055%
Year 2020 Assessed Value $724,133 Land Value $170,000 Improvement Value $554,133 Tax Amount $5,023.76 Change Rate Assessed CR Tax Rate +0.006938%
Year 2019 Assessed Value $768,453 Land Value $160,000 Improvement Value $608,453 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $768,453 Land Value $160,000 Improvement Value $608,453 Tax Amount $5,786.47 Change Rate +0.055213% Assessed CR Tax Rate +0.00753%
Year 2017 Assessed Value $768,453 Land Value $160,000 Improvement Value $608,453 Tax Amount $5,483.7 Change Rate +0.020742% Assessed CR Tax Rate +0.007136%
Year 2016 Assessed Value $768,453 Land Value $160,000 Improvement Value $608,453 Tax Amount $5,372.27 Change Rate -0.001492% Assessed CR Tax Rate +0.006991%
Year 2015 Assessed Value $771,821 Land Value $160,000 Improvement Value $611,821 Tax Amount $5,380.3 Change Rate +0.055253% Assessed CR Tax Rate +0.006971%
Year 2014 Assessed Value $771,821 Land Value $160,000 Improvement Value $611,821 Tax Amount $5,098.59 Change Rate Assessed CR Tax Rate +0.006606%