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1506 Hanover St; Raleigh, NC Property Details

1506 Hanover St, Raleigh, NC is a Single Family that was built in 1946. This property is currently Financed and is for sale. Our records show that 1506 Hanover St has 5 bedrooms, and 1 bathroom, and a total of 991 square feet. The lot size of 1506 Hanover St is 7,405 square feet.

On Market for 174 days
1506 Hanover St Raleigh, NC 27608
$2,000,000 Listing Price
5 Beds
1 Baths
991 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1946
  • Purchase Price: $575,000
  • Open Loans / Balance: 1 / $1,118,679
  • Est. Equity / %: $-487,679 / -77.29%
  • Gross Yield: 2.302%
  • APN: 1704.11-76-2990-000
  • Situs County: Wake
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 991/SqFt
  • Lot: 7,405/SqFt
  • Gross: 991/SqFt
  • Living: 991/SqFt
  • Building: 991/SqFt
  • Ground: 991/SqFt
  • Price Per Square Foot: $580.22

Legal Description

  • Description: LO80 ROANOKE PARK BM1920-00132
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: 35.801674 / -78.63818
  • Subdivision: Roanoke Park
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2536
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1506 Hanover St has no associated ownership info
1506 Hanover St has no associated ownership info.

Taxes

1506 Hanover St has 10 associated Taxes items

1506 Hanover 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 $594,254. The APN we've located for 1506 Hanover St is 1704.11-76-2990-000.

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Taxes
  • Assessed Value:  $594,254
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.11-76-2990-000
  • Assessed Land Value:  530000
  • Market Land Value:  530000
  • Tax Amount:  5202.49
  • Tax Year:  2025
  • Market Value:  594254
  • Market Year:  2025

Tax History

1506 Hanover St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $594,254 Land Value $530,000 Improvement Value $64,254 Tax Amount $5,202.49 Change Rate +0.00413% Assessed CR Tax Rate +0.008755%
Year 2024 Assessed Value $594,254 Land Value $530,000 Improvement Value $64,254 Tax Amount $5,181.09 Change Rate +0.177914% Assessed CR Tax Rate +0.008719%
Year 2023 Assessed Value $401,700 Land Value $320,000 Improvement Value $81,700 Tax Amount $4,398.53 Change Rate +0.076169% Assessed CR Tax Rate +0.01095%
Year 2022 Assessed Value $401,700 Land Value $320,000 Improvement Value $81,700 Tax Amount $4,087.21 Change Rate +0.040389% Assessed CR Tax Rate +0.010175%
Year 2021 Assessed Value $401,700 Land Value $320,000 Improvement Value $81,700 Tax Amount $3,928.54 Change Rate +0.018538% Assessed CR Tax Rate +0.00978%
Year 2020 Assessed Value $401,700 Land Value $320,000 Improvement Value $81,700 Tax Amount $3,857.04 Change Rate +0.045299% Assessed CR Tax Rate +0.009602%
Year 2019 Assessed Value $316,670 Land Value $220,000 Improvement Value $96,670 Tax Amount $3,689.89 Change Rate +0.060331% Assessed CR Tax Rate +0.011652%
Year 2018 Assessed Value $316,670 Land Value $220,000 Improvement Value $96,670 Tax Amount $3,479.94 Change Rate +0.049971% Assessed CR Tax Rate +0.010989%
Year 2017 Assessed Value $316,670 Land Value $220,000 Improvement Value $96,670 Tax Amount $3,314.32 Change Rate +0.020975% Assessed CR Tax Rate +0.010466%
Year 2016 Assessed Value $316,670 Land Value $220,000 Improvement Value $96,670 Tax Amount $3,246.23 Change Rate +0.006695% Assessed CR Tax Rate +0.010251%
Year 2015 Assessed Value $309,478 Land Value $201,600 Improvement Value $107,878 Tax Amount $3,224.64 Change Rate +0.054338% Assessed CR Tax Rate +0.01042%
Year 2014 Assessed Value $309,478 Land Value $201,600 Improvement Value $107,878 Tax Amount $3,058.45 Change Rate Assessed CR Tax Rate +0.009883%