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1408 Lutz Ave; Raleigh, NC Property Details

1408 Lutz Ave, Raleigh, NC is a Single Family that was built in 2001. This property is currently Financed and is not for sale. Our records show that 1408 Lutz Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 3,414 square feet. The lot size of 1408 Lutz Ave is 19,166 square feet.

Off market
1408 Lutz Ave Raleigh, NC 27607
$805,000 Listing Price
4 Beds
3.5 Baths
3,414 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $805,000
  • Open Loans / Balance: 1 / $435,858
  • Est. Equity / %: $1,177,142 / 72.98%
  • Gross Yield: 6.164%
  • APN: 0794.07-58-0785-000
  • Situs County: Wake
  • Length Of Ownership: 14 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,414/SqFt
  • Lot: 19,166/SqFt
  • Gross: 3,414/SqFt
  • Garage: 540/SqFt
  • Living: 3,414/SqFt
  • Building: 3,414/SqFt
  • Ground: 3,414/SqFt
  • Garage Unfinished: 540/SqFt
  • Price Per Square Foot: $235.79

Legal Description

  • Description: LO2 RCMB WACHOVIA TRSTEE 00-1372 BLNA
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: 35.806892 / -78.679306
  • Subdivision: Wachovia Bank
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6768
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

1408 Lutz Ave has no associated ownership info
1408 Lutz Ave has no associated ownership info.

Taxes

1408 Lutz Ave has 10 associated Taxes items

1408 Lutz Ave, 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 $1,354,017. The APN we've located for 1408 Lutz Ave is 0794.07-58-0785-000.

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Taxes
  • Assessed Value:  $1,354,017
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.07-58-0785-000
  • Assessed Land Value:  760000
  • Market Land Value:  760000
  • Tax Amount:  11828.38
  • Tax Year:  2025
  • Market Value:  1354017
  • Market Year:  2025

Tax History

1408 Lutz Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,354,017 Land Value $760,000 Improvement Value $594,017 Tax Amount $11,828.38 Change Rate +0.004138% Assessed CR Tax Rate +0.008736%
Year 2024 Assessed Value $1,354,017 Land Value $760,000 Improvement Value $594,017 Tax Amount $11,779.64 Change Rate +0.154506% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $934,237 Land Value $451,250 Improvement Value $482,987 Tax Amount $10,203.19 Change Rate +0.076382% Assessed CR Tax Rate +0.010921%
Year 2022 Assessed Value $934,237 Land Value $451,250 Improvement Value $482,987 Tax Amount $9,479.15 Change Rate +0.040508% Assessed CR Tax Rate +0.010146%
Year 2021 Assessed Value $934,237 Land Value $451,250 Improvement Value $482,987 Tax Amount $9,110.12 Change Rate +0.018593% Assessed CR Tax Rate +0.009751%
Year 2020 Assessed Value $934,237 Land Value $451,250 Improvement Value $482,987 Tax Amount $8,943.83 Change Rate -0.105452% Assessed CR Tax Rate +0.009573%
Year 2019 Assessed Value $861,002 Land Value $350,000 Improvement Value $511,002 Tax Amount $9,998.15 Change Rate +0.060552% Assessed CR Tax Rate +0.011612%
Year 2018 Assessed Value $861,002 Land Value $350,000 Improvement Value $511,002 Tax Amount $9,427.31 Change Rate +0.050163% Assessed CR Tax Rate +0.010949%
Year 2017 Assessed Value $861,002 Land Value $350,000 Improvement Value $511,002 Tax Amount $8,977 Change Rate +0.021055% Assessed CR Tax Rate +0.010426%
Year 2016 Assessed Value $861,002 Land Value $350,000 Improvement Value $511,002 Tax Amount $8,791.89 Change Rate -0.060364% Assessed CR Tax Rate +0.010211%
Year 2015 Assessed Value $901,661 Land Value $423,000 Improvement Value $478,661 Tax Amount $9,356.7 Change Rate Assessed CR Tax Rate +0.010377%
Year 2014 Assessed Value $901,661 Land Value $423,000 Improvement Value $478,661 Tax Amount Change Rate Assessed CR Tax Rate