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1506 Southgate Dr; Raleigh, NC Property Details

1506 Southgate Dr, Raleigh, NC is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 1506 Southgate Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,872 square feet. The lot size of 1506 Southgate Dr is 6,098 square feet.

Off market
1506 Southgate Dr Raleigh, NC 27610
$136,990 Listing Price
3 Beds
2.5 Baths
1,872 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $159,000
  • Open Loans / Balance: 1 / $113,395
  • Est. Equity / %: $244,605 / 68.33%
  • Gross Yield: 7.425%
  • APN: 1713.19-70-1304-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Quality: C
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,872/SqFt
  • Lot: 6,098/SqFt
  • Gross: 1,872/SqFt
  • Garage: 439/SqFt
  • Living: 1,872/SqFt
  • Building: 1,872/SqFt
  • Garage Unfinished: 439/SqFt
  • Price Per Square Foot: $84.94

Legal Description

  • Description: LO242 GRANITE RIDGE SUB PH4 BM2003-01208
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: 35.75607 / -78.60531
  • Subdivision: Granite Ridge Sub Ph4
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5662
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $56
  • H O A Amount: $56
  • H O A One Frequency: Quarterly
  • H O A One Type: Planned Unit Development

Ownership Info

1506 Southgate Dr has no associated ownership info
1506 Southgate Dr has no associated ownership info.

Taxes

1506 Southgate Dr has 10 associated Taxes items

1506 Southgate Dr, 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 $368,017. The APN we've located for 1506 Southgate Dr is 1713.19-70-1304-000.

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Taxes
  • Assessed Value:  $368,017
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1713.19-70-1304-000
  • Assessed Land Value:  110000
  • Market Land Value:  110000
  • Tax Amount:  3229.48
  • Tax Year:  2025
  • Market Value:  368017
  • Market Year:  2025

Tax History

1506 Southgate Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $368,017 Land Value $110,000 Improvement Value $258,017 Tax Amount $3,229.48 Change Rate +0.00412% Assessed CR Tax Rate +0.008775%
Year 2024 Assessed Value $368,017 Land Value $110,000 Improvement Value $258,017 Tax Amount $3,216.23 Change Rate +0.432% Assessed CR Tax Rate +0.008739%
Year 2023 Assessed Value $204,217 Land Value $43,000 Improvement Value $161,217 Tax Amount $2,245.97 Change Rate +0.075816% Assessed CR Tax Rate +0.010998%
Year 2022 Assessed Value $204,217 Land Value $43,000 Improvement Value $161,217 Tax Amount $2,087.69 Change Rate +0.040189% Assessed CR Tax Rate +0.010223%
Year 2021 Assessed Value $204,217 Land Value $43,000 Improvement Value $161,217 Tax Amount $2,007.03 Change Rate +0.018445% Assessed CR Tax Rate +0.009828%
Year 2020 Assessed Value $204,217 Land Value $43,000 Improvement Value $161,217 Tax Amount $1,970.68 Change Rate +0.116109% Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $150,632 Land Value $26,000 Improvement Value $124,632 Tax Amount $1,765.67 Change Rate +0.059947% Assessed CR Tax Rate +0.011722%
Year 2018 Assessed Value $150,632 Land Value $26,000 Improvement Value $124,632 Tax Amount $1,665.81 Change Rate +0.04964% Assessed CR Tax Rate +0.011059%
Year 2017 Assessed Value $150,632 Land Value $26,000 Improvement Value $124,632 Tax Amount $1,587.03 Change Rate +0.020834% Assessed CR Tax Rate +0.010536%
Year 2016 Assessed Value $150,632 Land Value $26,000 Improvement Value $124,632 Tax Amount $1,554.64 Change Rate -0.075214% Assessed CR Tax Rate +0.010321%
Year 2015 Assessed Value $160,414 Land Value $35,000 Improvement Value $125,414 Tax Amount $1,681.08 Change Rate Assessed CR Tax Rate +0.01048%
Year 2014 Assessed Value $160,414 Land Value $35,000 Improvement Value $125,414 Tax Amount Change Rate Assessed CR Tax Rate