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1408 Colony Dr; Raleigh, NC Property Details

1408 Colony Dr, Raleigh, NC is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 1408 Colony Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,927 square feet. The lot size of 1408 Colony Dr is 20,473 square feet.

Off market
1408 Colony Dr Raleigh, NC 27603
$172,000 Listing Price
3 Beds
2 Baths
1,927 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1964
  • Purchase Price: $133,000
  • Open Loans / Balance: 1 / $106,729
  • Est. Equity / %: $238,271 / 69.06%
  • Gross Yield: 6.703%
  • APN: 0790.02-99-6087-000
  • Situs County: Wake
  • Length Of Ownership: 23 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable

Measurements

  • Total: 1,927/SqFt
  • Lot: 20,473/SqFt
  • Gross: 1,927/SqFt
  • Living: 1,927/SqFt
  • Basement: 625/SqFt
  • Building: 1,927/SqFt
  • Ground: 1,927/SqFt
  • Price Per Square Foot: $69.02

Legal Description

  • Description: LO35 COLONIAL HGTS BM6-
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: 35.69783 / -78.66423
  • Subdivision: Colonial Hgts
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Plus Four: 4608
  • Cooling: Central
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

1408 Colony Dr has no associated ownership info
1408 Colony Dr has no associated ownership info.

Taxes

1408 Colony Dr has 10 associated Taxes items

1408 Colony 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 $318,361. The APN we've located for 1408 Colony Dr is 0790.02-99-6087-000.

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Taxes
  • Assessed Value:  $318,361
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0790.02-99-6087-000
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  2056.23
  • Tax Year:  2025
  • Market Value:  318361
  • Market Year:  2025

Tax History

1408 Colony Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $318,361 Land Value $100,000 Improvement Value $218,361 Tax Amount $2,056.23 Change Rate +0.029649% Assessed CR Tax Rate +0.006459%
Year 2024 Assessed Value $318,361 Land Value $100,000 Improvement Value $218,361 Tax Amount $1,997.02 Change Rate +0.310991% Assessed CR Tax Rate +0.006273%
Year 2023 Assessed Value $192,803 Land Value $45,000 Improvement Value $147,803 Tax Amount $1,523.29 Change Rate +0.078496% Assessed CR Tax Rate +0.007901%
Year 2022 Assessed Value $192,803 Land Value $45,000 Improvement Value $147,803 Tax Amount $1,412.42 Change Rate +0.027342% Assessed CR Tax Rate +0.007326%
Year 2021 Assessed Value $192,803 Land Value $45,000 Improvement Value $147,803 Tax Amount $1,374.83 Change Rate +0.016683% Assessed CR Tax Rate +0.007131%
Year 2020 Assessed Value $192,803 Land Value $45,000 Improvement Value $147,803 Tax Amount $1,352.27 Change Rate +0.092408% Assessed CR Tax Rate +0.007014%
Year 2019 Assessed Value $149,122 Land Value $30,000 Improvement Value $119,122 Tax Amount $1,237.88 Change Rate +0.086803% Assessed CR Tax Rate +0.008301%
Year 2018 Assessed Value $142,036 Land Value $30,000 Improvement Value $112,036 Tax Amount $1,139.01 Change Rate +0.105975% Assessed CR Tax Rate +0.008019%
Year 2017 Assessed Value $142,036 Land Value $30,000 Improvement Value $112,036 Tax Amount $1,029.87 Change Rate +0.020401% Assessed CR Tax Rate +0.007251%
Year 2016 Assessed Value $142,036 Land Value $30,000 Improvement Value $112,036 Tax Amount $1,009.28 Change Rate -0.021997% Assessed CR Tax Rate +0.007106%
Year 2015 Assessed Value $145,713 Land Value $44,000 Improvement Value $101,713 Tax Amount $1,031.98 Change Rate +0.054343% Assessed CR Tax Rate +0.007082%
Year 2014 Assessed Value $145,713 Land Value $44,000 Improvement Value $101,713 Tax Amount $978.79 Change Rate Assessed CR Tax Rate +0.006717%