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1500 Gorman St; Raleigh, NC Property Details

1500 Gorman St, Raleigh, NC is a Single Family that was built in 1953. This property is currently a cash purchase and is not for sale. Our records show that 1500 Gorman St has 2 bedrooms, and 2 bathrooms, and a total of 1,779 square feet. The lot size of 1500 Gorman St is 26,572 square feet.

For Rent
1500 Gorman St Raleigh, NC 27606
$650 Listing Price
2 Beds
2 Baths
1,779 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $200,000
  • Est. Equity / %: $478,000 / 100%
  • Gross Yield: 4.381%
  • APN: 0793.06-28-6216-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,779/SqFt
  • Lot: 26,572/SqFt
  • Gross: 1,779/SqFt
  • Living: 1,779/SqFt
  • Building: 1,779/SqFt
  • Ground: 1,779/SqFt
  • Price Per Square Foot: $112.42

Legal Description

  • Description: LO8 & 9 COLLEGE VIEW BL4
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: 35.778107 / -78.687935
  • Subdivision: College View
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2919
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1500 Gorman St has no associated ownership info
1500 Gorman St has no associated ownership info.

Taxes

1500 Gorman St has 10 associated Taxes items

1500 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 $403,412. The APN we've located for 1500 Gorman St is 0793.06-28-6216-000.

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Taxes
  • Assessed Value:  $403,412
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0793.06-28-6216-000
  • Assessed Land Value:  306000
  • Market Land Value:  306000
  • Tax Amount:  3558.15
  • Tax Year:  2025
  • Market Value:  403412
  • Market Year:  2025

Tax History

1500 Gorman St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $403,412 Land Value $306,000 Improvement Value $97,412 Tax Amount $3,558.15 Change Rate +0.004097% Assessed CR Tax Rate +0.00882%
Year 2024 Assessed Value $403,412 Land Value $306,000 Improvement Value $97,412 Tax Amount $3,543.63 Change Rate +0.57234% Assessed CR Tax Rate +0.008784%
Year 2023 Assessed Value $203,095 Land Value $88,400 Improvement Value $114,695 Tax Amount $2,253.73 Change Rate +0.075084% Assessed CR Tax Rate +0.011097%
Year 2022 Assessed Value $203,095 Land Value $88,400 Improvement Value $114,695 Tax Amount $2,096.33 Change Rate +0.039789% Assessed CR Tax Rate +0.010322%
Year 2021 Assessed Value $203,095 Land Value $88,400 Improvement Value $114,695 Tax Amount $2,016.11 Change Rate +0.018258% Assessed CR Tax Rate +0.009927%
Year 2020 Assessed Value $203,095 Land Value $88,400 Improvement Value $114,695 Tax Amount $1,979.96 Change Rate +0.031154% Assessed CR Tax Rate +0.009749%
Year 2019 Assessed Value $162,235 Land Value $70,200 Improvement Value $92,035 Tax Amount $1,920.14 Change Rate +0.059341% Assessed CR Tax Rate +0.011836%
Year 2018 Assessed Value $162,235 Land Value $70,200 Improvement Value $92,035 Tax Amount $1,812.58 Change Rate +0.049105% Assessed CR Tax Rate +0.011173%
Year 2017 Assessed Value $162,235 Land Value $70,200 Improvement Value $92,035 Tax Amount $1,727.74 Change Rate +0.02061% Assessed CR Tax Rate +0.01065%
Year 2016 Assessed Value $162,235 Land Value $70,200 Improvement Value $92,035 Tax Amount $1,692.85 Change Rate -0.236247% Assessed CR Tax Rate +0.010435%
Year 2015 Assessed Value $210,187 Land Value $117,000 Improvement Value $93,187 Tax Amount $2,216.49 Change Rate +0.053655% Assessed CR Tax Rate +0.010545%
Year 2014 Assessed Value $210,187 Land Value $117,000 Improvement Value $93,187 Tax Amount $2,103.62 Change Rate Assessed CR Tax Rate +0.010008%