Large Location Icon

1500 Sunbow Falls Ln; Raleigh, NC Property Details

1500 Sunbow Falls Ln, Raleigh, NC is a Apt House 5+ Units that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 1500 Sunbow Falls Ln has a total of 249,798 square feet. The lot size of 1500 Sunbow Falls Ln is 534,046 square feet.

Off market
1500 Sunbow Falls Ln Raleigh, NC 27609
$53,938,977 Estimated Value
249,798 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1994
  • Purchase Price: $48,775,000
  • APN: 1716.15-53-3193-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Total Rooms: 80

Structure

  • Building Style: Wood
  • Stories: 3
  • Building Condition: Good
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 249,798/SqFt
  • Lot: 534,046/SqFt
  • Gross: 249,798/SqFt
  • Living: 249,798/SqFt
  • Building: 249,798/SqFt
  • Ground: 2,958/SqFt
  • Price Per Square Foot: $195.26

Legal Description

  • Description: C T FALLS LIMITED PARTNERSHIP BM1993-005
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: 35.84593 / -78.610725
  • Subdivision: Macgregor Downs
  • Property Class: Residential
  • Zoning: OX-3
  • County Use Code: 07

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8107
  • Bathroom Fixtures: 468
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

1500 Sunbow Falls Ln has no associated ownership info
1500 Sunbow Falls Ln has no associated ownership info.

Taxes

1500 Sunbow Falls Ln has 10 associated Taxes items

1500 Sunbow Falls Ln, 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 $53,938,977. The APN we've located for 1500 Sunbow Falls Ln is 1716.15-53-3193-000.

Unlock the full report
Taxes
  • Assessed Value:  $53,938,977
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1716.15-53-3193-000
  • Assessed Land Value:  14490000
  • Market Land Value:  14490000
  • Tax Amount:  475921.82
  • Tax Year:  2025
  • Market Value:  53938977
  • Market Year:  2025

Tax History

1500 Sunbow Falls Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,938,977 Land Value $14,490,000 Improvement Value $39,448,977 Tax Amount $475,921.81 Change Rate -0.097963% Assessed CR Tax Rate +0.008823%
Year 2024 Assessed Value $60,113,751 Land Value $14,490,000 Improvement Value $45,623,751 Tax Amount $527,607.94 Change Rate +0.36057% Assessed CR Tax Rate +0.008777%
Year 2023 Assessed Value $35,070,150 Land Value $8,280,000 Improvement Value $26,790,150 Tax Amount $387,784.62 Change Rate +0.075371% Assessed CR Tax Rate +0.011057%
Year 2022 Assessed Value $35,070,150 Land Value $8,280,000 Improvement Value $26,790,150 Tax Amount $360,605.31 Change Rate +0.03995% Assessed CR Tax Rate +0.010282%
Year 2021 Assessed Value $35,070,150 Land Value $8,280,000 Improvement Value $26,790,150 Tax Amount $346,752.59 Change Rate -0.041138% Assessed CR Tax Rate +0.009887%
Year 2020 Assessed Value $37,281,120 Land Value $8,280,000 Improvement Value $29,001,120 Tax Amount $361,629.25 Change Rate +0.243592% Assessed CR Tax Rate +0.0097%
Year 2019 Assessed Value $24,615,948 Land Value $3,864,000 Improvement Value $20,751,948 Tax Amount $290,794.22 Change Rate +0.059461% Assessed CR Tax Rate +0.011813%
Year 2018 Assessed Value $24,615,948 Land Value $3,864,000 Improvement Value $20,751,948 Tax Amount $274,473.84 Change Rate +0.049213% Assessed CR Tax Rate +0.01115%
Year 2017 Assessed Value $28,258,022 Land Value $3,864,000 Improvement Value $24,394,022 Tax Amount $261,599.7 Change Rate -0.230568% Assessed CR Tax Rate +0.009258%
Year 2016 Assessed Value $32,829,864 Land Value $3,864,000 Improvement Value $28,965,864 Tax Amount $339,990.66 Change Rate +0.420326% Assessed CR Tax Rate +0.010356%
Year 2015 Assessed Value $22,583,781 Land Value $2,208,000 Improvement Value $20,375,781 Tax Amount $239,375.05 Change Rate +0.053367% Assessed CR Tax Rate +0.010599%
Year 2014 Assessed Value $22,583,781 Land Value $2,208,000 Improvement Value $20,375,781 Tax Amount $227,247.56 Change Rate Assessed CR Tax Rate +0.010062%