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12232 The Gates Dr; Raleigh, NC Property Details

12232 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 12232 The Gates Dr has 5 bedrooms, and 3.5 bathrooms, and a total of 4,431 square feet. The lot size of 12232 The Gates Dr is 40,511 square feet.

Off market
12232 The Gates Dr Raleigh, NC 27614
$674,900 Listing Price
5 Beds
3.5 Baths
4,431 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $1,200,000
  • Open Loans / Balance: 1 / $423,704
  • Est. Equity / %: $813,296 / 65.75%
  • Gross Yield: 6.135%
  • APN: 0891.03-42-6434-000
  • Situs County: Wake
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Quality: B
  • Deck: true

Measurements

  • Total: 4,431/SqFt
  • Lot: 40,511/SqFt
  • Gross: 4,431/SqFt
  • Garage: 595/SqFt
  • Living: 4,431/SqFt
  • Building: 4,431/SqFt
  • Garage Unfinished: 595/SqFt
  • Price Per Square Foot: $270.82

Legal Description

  • Description: LO10 THE GATES AT ETHANS GLEN BM2006-01
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: 35.981884 / -78.68013
  • 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

12232 The Gates Dr has no associated ownership info
12232 The Gates Dr has no associated ownership info.

Taxes

12232 The Gates Dr has 10 associated Taxes items

12232 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 $933,856. The APN we've located for 12232 The Gates Dr is 0891.03-42-6434-000.

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Taxes
  • Assessed Value:  $933,856
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0891.03-42-6434-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  5992.94
  • Tax Year:  2025
  • Market Value:  933856
  • Market Year:  2025

Tax History

12232 The Gates Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $933,856 Land Value $200,000 Improvement Value $733,856 Tax Amount $5,992.94 Change Rate +0.069456% Assessed CR Tax Rate +0.006417%
Year 2024 Assessed Value $933,856 Land Value $200,000 Improvement Value $733,856 Tax Amount $5,603.73 Change Rate -0.054414% Assessed CR Tax Rate +0.006001%
Year 2023 Assessed Value $757,496 Land Value $170,000 Improvement Value $587,496 Tax Amount $5,926.2 Change Rate +0.079328% Assessed CR Tax Rate +0.007823%
Year 2022 Assessed Value $757,496 Land Value $170,000 Improvement Value $587,496 Tax Amount $5,490.64 Change Rate +0.027646% Assessed CR Tax Rate +0.007248%
Year 2021 Assessed Value $757,496 Land Value $170,000 Improvement Value $587,496 Tax Amount $5,342.93 Change Rate +0.016868% Assessed CR Tax Rate +0.007053%
Year 2020 Assessed Value $757,496 Land Value $170,000 Improvement Value $587,496 Tax Amount $5,254.3 Change Rate -0.136937% Assessed CR Tax Rate +0.006936%
Year 2019 Assessed Value $742,986 Land Value $160,000 Improvement Value $582,986 Tax Amount $6,087.97 Change Rate +0.088037% Assessed CR Tax Rate +0.008194%
Year 2018 Assessed Value $742,986 Land Value $160,000 Improvement Value $582,986 Tax Amount $5,595.37 Change Rate +0.055207% Assessed CR Tax Rate +0.007531%
Year 2017 Assessed Value $742,986 Land Value $160,000 Improvement Value $582,986 Tax Amount $5,302.63 Change Rate +0.020738% Assessed CR Tax Rate +0.007137%
Year 2016 Assessed Value $742,986 Land Value $160,000 Improvement Value $582,986 Tax Amount $5,194.9 Change Rate Assessed CR Tax Rate +0.006992%
Year 2015 Assessed Value $746,332 Land Value $160,000 Improvement Value $586,332 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $746,332 Land Value $160,000 Improvement Value $586,332 Tax Amount Change Rate Assessed CR Tax Rate