Large Location Icon

1409 Gorman St; Raleigh, NC Property Details

1409 Gorman St, Raleigh, NC is a Apt House 5+ Units that was built in 1965. This property is currently Financed and is not for sale. Our records show that 1409 Gorman St has a total of 9,644 square feet. The lot size of 1409 Gorman St is 51,836 square feet.

Off market
1407 Gorman St Raleigh, NC 27606
$1,646,377 Estimated Value
9,644 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1965
  • Purchase Price: $235,000
  • Open Loans / Balance: 1 / $140,021
  • Est. Equity / %: $2,040,979 / 93.58%
  • APN: 0793.06-28-8572-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 4 months

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 9,644/SqFt
  • Lot: 51,836/SqFt
  • Gross: 9,644/SqFt
  • Living: 9,644/SqFt
  • Basement: 1,372/SqFt
  • Building: 9,644/SqFt
  • Ground: 9,644/SqFt
  • Price Per Square Foot: $24.37

Legal Description

  • Description: LO1-2-3 COLLEGE VIEW BL6
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.778767 / -78.686905
  • Subdivision: College View
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 07

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2916
  • Cooling: None
  • Heating: Forced air unit

Ownership Info

1407 Gorman St has no associated ownership info
1407 Gorman St has no associated ownership info.

Taxes

1407 Gorman St has 10 associated Taxes items

1409 Gorman St, 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 $1,646,377. The APN we've located for 1409 Gorman St is 0793.06-28-8572-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,646,377
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0793.06-28-8572-000
  • Assessed Land Value:  540000
  • Market Land Value:  540000
  • Tax Amount:  14598.06
  • Tax Year:  2025
  • Market Value:  1646377
  • Market Year:  2025

Tax History

1407 Gorman St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,646,377 Land Value $540,000 Improvement Value $1,106,377 Tax Amount $14,598.06 Change Rate +0.004077% Assessed CR Tax Rate +0.008867%
Year 2024 Assessed Value $1,646,377 Land Value $540,000 Improvement Value $1,106,377 Tax Amount $14,538.79 Change Rate -0.010065% Assessed CR Tax Rate +0.008831%
Year 2023 Assessed Value $1,325,377 Land Value $360,000 Improvement Value $965,377 Tax Amount $14,686.61 Change Rate +0.075199% Assessed CR Tax Rate +0.011081%
Year 2022 Assessed Value $1,325,377 Land Value $360,000 Improvement Value $965,377 Tax Amount $13,659.44 Change Rate +0.039854% Assessed CR Tax Rate +0.010306%
Year 2021 Assessed Value $1,325,377 Land Value $360,000 Improvement Value $965,377 Tax Amount $13,135.92 Change Rate +0.018288% Assessed CR Tax Rate +0.009911%
Year 2020 Assessed Value $1,325,377 Land Value $360,000 Improvement Value $965,377 Tax Amount $12,900 Change Rate Assessed CR Tax Rate +0.009733%
Year 2019 Assessed Value $986,094 Land Value $252,000 Improvement Value $734,094 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $986,094 Land Value $252,000 Improvement Value $734,094 Tax Amount $11,014.06 Change Rate Assessed CR Tax Rate +0.011169%
Year 2017 Assessed Value $986,094 Land Value $252,000 Improvement Value $734,094 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $986,094 Land Value $252,000 Improvement Value $734,094 Tax Amount $10,286.32 Change Rate +0.303117% Assessed CR Tax Rate +0.010431%
Year 2015 Assessed Value $739,124 Land Value $120,000 Improvement Value $619,124 Tax Amount $7,893.63 Change Rate +0.052944% Assessed CR Tax Rate +0.01068%
Year 2014 Assessed Value $739,124 Land Value $120,000 Improvement Value $619,124 Tax Amount $7,496.72 Change Rate Assessed CR Tax Rate +0.010143%