Large Location Icon

1229 Downing Rd; Raleigh, NC Property Details

1229 Downing Rd, Raleigh, NC is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 1229 Downing Rd has 3 bedrooms, and 1 bathroom, and a total of 1,012 square feet. The lot size of 1229 Downing Rd is 9,583 square feet.

Off market
1229 Downing Rd Raleigh, NC 27610
$87,500 Listing Price
3 Beds
1 Baths
1,012 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1955
  • Purchase Price: $87,500
  • Est. Equity / %: $305,000 / 100%
  • Gross Yield: 6.456%
  • APN: 1714.11-55-8870-000
  • Situs County: Wake
  • Length Of Ownership: 18 years, 8 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

Measurements

  • Total: 1,012/SqFt
  • Lot: 9,583/SqFt
  • Gross: 1,012/SqFt
  • Living: 1,012/SqFt
  • Building: 1,012/SqFt
  • Ground: 1,012/SqFt
  • Price Per Square Foot: $86.46

Legal Description

  • Description: LO173 LOCKWOOD SE1 BLW BM1953-00111
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: 35.798565 / -78.609276
  • Subdivision: Lockwood Sec 01
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1011
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1229 Downing Rd has no associated ownership info
1229 Downing Rd has no associated ownership info.

Taxes

1229 Downing Rd has 8 associated Taxes items

1229 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 $283,059. The APN we've located for 1229 Downing Rd is 1714.11-55-8870-000.

Unlock the full report
Taxes
  • Assessed Value:  $283,059
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.11-55-8870-000
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Market Value:  283059
  • Market Year:  2025

Tax History

1229 Downing Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $283,059 Land Value $175,000 Improvement Value $108,059 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $283,059 Land Value $175,000 Improvement Value $108,059 Tax Amount $2,478.37 Change Rate +0.192682% Assessed CR Tax Rate +0.008756%
Year 2023 Assessed Value $188,805 Land Value $95,000 Improvement Value $93,805 Tax Amount $2,077.98 Change Rate +0.075754% Assessed CR Tax Rate +0.011006%
Year 2022 Assessed Value $188,805 Land Value $95,000 Improvement Value $93,805 Tax Amount $1,931.65 Change Rate +0.04016% Assessed CR Tax Rate +0.010231%
Year 2021 Assessed Value $188,805 Land Value $95,000 Improvement Value $93,805 Tax Amount $1,857.07 Change Rate +0.018426% Assessed CR Tax Rate +0.009836%
Year 2020 Assessed Value $188,805 Land Value $95,000 Improvement Value $93,805 Tax Amount $1,823.47 Change Rate Assessed CR Tax Rate +0.009658%
Year 2019 Assessed Value $109,534 Land Value $40,000 Improvement Value $69,534 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $109,534 Land Value $40,000 Improvement Value $69,534 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $109,534 Land Value $40,000 Improvement Value $69,534 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $109,534 Land Value $40,000 Improvement Value $69,534 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $89,724 Land Value $32,000 Improvement Value $57,724 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $89,724 Land Value $32,000 Improvement Value $57,724 Tax Amount Change Rate Assessed CR Tax Rate