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127 Luther Rd; Raleigh, NC Property Details

127 Luther Rd, Raleigh, NC is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 127 Luther Rd is 41,382 square feet.

Off market
127 Luther Rd Raleigh, NC 27610
$496,584 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $1,200,000
  • Est. Equity / %: $602,000 / 100%
  • APN: 1723.05-19-6662-000
  • Situs County: Wake
  • Length Of Ownership: 16 years, 6 months

Structure

  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Lot: 41,382/SqFt

Legal Description

  • Description: LO12 POE SMITH & MARTIN SUB
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.78154 / -78.589806
  • Subdivision: Smith & Martin Sub
  • Property Class: Vacant
  • Zoning: CMP
  • County Use Code: V

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1803

Ownership Info

127 Luther Rd has no associated ownership info
127 Luther Rd has no associated ownership info.

Taxes

127 Luther Rd has 8 associated Taxes items

127 Luther 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 $496,584. The APN we've located for 127 Luther Rd is 1723.05-19-6662-000.

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Taxes
  • Assessed Value:  $496,584
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1723.05-19-6662-000
  • Assessed Land Value:  496584
  • Market Land Value:  496584
  • Market Value:  496584
  • Market Year:  2025

Tax History

127 Luther Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $496,584 Land Value $496,584 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $496,584 Land Value $496,584 Improvement Value Tax Amount $4,312.83 Change Rate +0.062383% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $372,438 Land Value $372,438 Improvement Value Tax Amount $4,059.58 Change Rate +0.076546% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $372,438 Land Value $372,438 Improvement Value Tax Amount $3,770.93 Change Rate +0.040595% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $372,438 Land Value $372,438 Improvement Value Tax Amount $3,623.82 Change Rate +0.018634% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $372,438 Land Value $372,438 Improvement Value Tax Amount $3,557.53 Change Rate Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $205,669 Land Value $205,669 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $205,669 Land Value $205,669 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $205,669 Land Value $205,669 Improvement Value Tax Amount $2,139.57 Change Rate Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $205,669 Land Value $205,669 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $206,910 Land Value $206,910 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $206,910 Land Value $206,910 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate