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1505 Acres Way; Raleigh, NC Property Details

1505 Acres Way, Raleigh, NC is a Single Family that was built in 1985. This property is currently Financed and is not for sale. Our records show that 1505 Acres Way has 4 bedrooms, and 3 bathrooms, and a total of 2,817 square feet. The lot size of 1505 Acres Way is 40,946 square feet.

Off market
1505 Acres Way Raleigh, NC 27614
$332,600 Listing Price
4 Beds
3 Baths
2,817 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1985
  • Purchase Price: $333,000
  • Open Loans / Balance: 2 / $543,441
  • Est. Equity / %: $170,559 / 23.89%
  • Gross Yield: 6.442%
  • APN: 1719.01-47-8646-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,817/SqFt
  • Lot: 40,946/SqFt
  • Gross: 2,817/SqFt
  • Garage: 594/SqFt
  • Living: 2,817/SqFt
  • Building: 2,817/SqFt
  • Garage Unfinished: 594/SqFt
  • Price Per Square Foot: $118.21

Legal Description

  • Description: LO2 BANBURY WOODS PHI BM1985-292
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: 35.941067 / -78.61206
  • Subdivision: Banbury Woods Phi
  • Property Class: Residential
  • Zoning: R-80W
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Wood
  • Plus Four: 9070
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $319
  • H O A Amount: $319
  • H O A One Frequency: Semi-Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1505 Acres Way has no associated ownership info
1505 Acres Way has no associated ownership info.

Taxes

1505 Acres Way has 10 associated Taxes items

1505 Acres Way, 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 $649,641. The APN we've located for 1505 Acres Way is 1719.01-47-8646-000.

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Taxes
  • Assessed Value:  $649,641
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1719.01-47-8646-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  4175.1
  • Tax Year:  2025
  • Market Value:  649641
  • Market Year:  2025

Tax History

1505 Acres Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $649,641 Land Value $200,000 Improvement Value $449,641 Tax Amount $4,175.1 Change Rate +0.029803% Assessed CR Tax Rate +0.006427%
Year 2024 Assessed Value $649,641 Land Value $200,000 Improvement Value $449,641 Tax Amount $4,054.27 Change Rate +0.262458% Assessed CR Tax Rate +0.006241%
Year 2023 Assessed Value $409,312 Land Value $100,000 Improvement Value $309,312 Tax Amount $3,211.41 Change Rate +0.079085% Assessed CR Tax Rate +0.007846%
Year 2022 Assessed Value $409,312 Land Value $100,000 Improvement Value $309,312 Tax Amount $2,976.05 Change Rate +0.02756% Assessed CR Tax Rate +0.007271%
Year 2021 Assessed Value $409,312 Land Value $100,000 Improvement Value $309,312 Tax Amount $2,896.23 Change Rate +0.016813% Assessed CR Tax Rate +0.007076%
Year 2020 Assessed Value $409,312 Land Value $100,000 Improvement Value $309,312 Tax Amount $2,848.34 Change Rate -0.118428% Assessed CR Tax Rate +0.006959%
Year 2019 Assessed Value $393,165 Land Value $150,000 Improvement Value $243,165 Tax Amount $3,230.98 Change Rate +0.087759% Assessed CR Tax Rate +0.008218%
Year 2018 Assessed Value $393,165 Land Value $150,000 Improvement Value $243,165 Tax Amount $2,970.31 Change Rate +0.055022% Assessed CR Tax Rate +0.007555%
Year 2017 Assessed Value $393,165 Land Value $150,000 Improvement Value $243,165 Tax Amount $2,815.4 Change Rate Assessed CR Tax Rate +0.007161%
Year 2016 Assessed Value $393,165 Land Value $150,000 Improvement Value $243,165 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $350,198 Land Value $140,000 Improvement Value $210,198 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $350,198 Land Value $140,000 Improvement Value $210,198 Tax Amount Change Rate Assessed CR Tax Rate