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12229 The Gates Dr; Raleigh, NC Property Details

12229 The Gates Dr, Raleigh, NC is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 12229 The Gates Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 7,733 square feet. The lot size of 12229 The Gates Dr is 60,113 square feet.

Off market
12229 The Gates Dr Raleigh, NC 27614
$935,000 Listing Price
4 Beds
3.5 Baths
7,733 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $935,000
  • Open Loans / Balance: 1 / $394,619
  • Est. Equity / %: $1,447,381 / 78.58%
  • Gross Yield: 5.077%
  • APN: 0891.03-42-1498-000
  • Situs County: Wake
  • Length Of Ownership: 13 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Quality: B
  • Pool Type: Yes

Measurements

  • Total: 7,733/SqFt
  • Lot: 60,113/SqFt
  • Gross: 7,733/SqFt
  • Garage: 768/SqFt
  • Living: 7,733/SqFt
  • Basement: 2,245/SqFt
  • Building: 7,733/SqFt
  • Garage Unfinished: 768/SqFt
  • Price Per Square Foot: $120.91

Legal Description

  • Description: LO24 THE GATES AT ETHANS GLEN PH1 BM200
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: 35.98199 / -78.68159
  • Subdivision: The Gate
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Pool: true
  • Plus Four: 7321
  • 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

12229 The Gates Dr has no associated ownership info
12229 The Gates Dr has no associated ownership info.

Taxes

12229 The Gates Dr has 10 associated Taxes items

12229 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 $1,100,466. The APN we've located for 12229 The Gates Dr is 0891.03-42-1498-000.

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Taxes
  • Assessed Value:  $1,100,466
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0891.03-42-1498-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  7058.58
  • Tax Year:  2025
  • Market Value:  1100466
  • Market Year:  2025

Tax History

12229 The Gates Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,100,466 Land Value $200,000 Improvement Value $900,466 Tax Amount $7,058.58 Change Rate +0.029865% Assessed CR Tax Rate +0.006414%
Year 2024 Assessed Value $1,100,466 Land Value $200,000 Improvement Value $900,466 Tax Amount $6,853.89 Change Rate -0.052847% Assessed CR Tax Rate +0.006228%
Year 2023 Assessed Value $925,523 Land Value $170,000 Improvement Value $755,523 Tax Amount $7,236.31 Change Rate +0.079383% Assessed CR Tax Rate +0.007819%
Year 2022 Assessed Value $925,523 Land Value $170,000 Improvement Value $755,523 Tax Amount $6,704.12 Change Rate +0.027664% Assessed CR Tax Rate +0.007244%
Year 2021 Assessed Value $925,523 Land Value $170,000 Improvement Value $755,523 Tax Amount $6,523.65 Change Rate +0.016878% Assessed CR Tax Rate +0.007049%
Year 2020 Assessed Value $925,523 Land Value $170,000 Improvement Value $755,523 Tax Amount $6,415.37 Change Rate -0.198174% Assessed CR Tax Rate +0.006932%
Year 2019 Assessed Value $977,219 Land Value $160,000 Improvement Value $817,219 Tax Amount $8,000.95 Change Rate +0.088113% Assessed CR Tax Rate +0.008187%
Year 2018 Assessed Value $977,219 Land Value $160,000 Improvement Value $817,219 Tax Amount $7,353.05 Change Rate +0.055255% Assessed CR Tax Rate +0.007524%
Year 2017 Assessed Value $977,219 Land Value $160,000 Improvement Value $817,219 Tax Amount $6,968.03 Change Rate +0.020758% Assessed CR Tax Rate +0.00713%
Year 2016 Assessed Value $977,219 Land Value $160,000 Improvement Value $817,219 Tax Amount $6,826.33 Change Rate -0.086469% Assessed CR Tax Rate +0.006985%
Year 2015 Assessed Value $1,073,069 Land Value $160,000 Improvement Value $913,069 Tax Amount $7,472.47 Change Rate +0.071869% Assessed CR Tax Rate +0.006964%
Year 2014 Assessed Value $1,056,449 Land Value $160,000 Improvement Value $896,449 Tax Amount $6,971.44 Change Rate Assessed CR Tax Rate +0.006599%