Taxes
- Assessed Value: $7,894,261
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0793.06-37-8728-000
- Assessed Land Value: 2745000
- Market Land Value: 2745000
- Tax Amount: 70065.85
- Tax Year: 2025
- Market Value: 7894261
- Market Year: 2025
1520 Varsity Dr; Raleigh, NC Property Details
Off market
1520 Varsity Dr Raleigh, NC 27606
$7,894,261 Estimated Value
38,409 SqFt
Property Type
Apt House 5+ UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1972
- Purchase Price: $7,950,000
- Open Loans / Balance: 1 / $6,631,009
- APN: 0793.06-37-8728-000
- Situs County: Wake
- Length Of Ownership: 4 years
Rooms
- Total Rooms: 80
Structure
- Building Style: Wood
- Stories: 2
- Exterior Wall Type: Concrete Block
- Building Condition: Good
- Roof Type: Flat
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 38,409/SqFt
- Lot: 115,870/SqFt
- Gross: 38,409/SqFt
- Living: 38,409/SqFt
- Building: 38,409/SqFt
- Ground: 2,551/SqFt
- Price Per Square Foot: $206.98
Legal Description
- Description: WOODROW O WILSON PROP COLLEGE TERRACE
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: 35.776447 / -78.68344
- Subdivision: Woodrow O Wilson Prop College Terrace
- Property Class: Residential
- Zoning: RX-3
- County Use Code: 07
Amenities
- Heating Fuel Type: Gas
- Plus Four: 2011
- Cooling: Central
- Fireplaces: 1
- Heating: Forced air unit
Ownership Info
1520 Varsity Dr has no associated ownership info
1520 Varsity Dr has no associated ownership info.
Taxes
1520 Varsity Dr has 10 associated Taxes items
1520 Varsity 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 $7,894,261. The APN we've located for 1520 Varsity Dr is 0793.06-37-8728-000.
Unlock the full reportTax History
1520 Varsity Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $7,894,261 | Land Value $2,745,000 | Improvement Value $5,149,261 | Tax Amount $70,065.85 | Change Rate +0.083944% | Assessed CR | Tax Rate +0.008876% |
| Year 2024 | Assessed Value $7,320,636 | Land Value $2,385,000 | Improvement Value $4,935,636 | Tax Amount $64,639.73 | Change Rate +0.740104% | Assessed CR | Tax Rate +0.00883% |
| Year 2023 | Assessed Value $3,310,739 | Land Value $1,590,000 | Improvement Value $1,720,739 | Tax Amount $37,147.06 | Change Rate +0.074197% | Assessed CR | Tax Rate +0.01122% |
| Year 2022 | Assessed Value $3,310,739 | Land Value $1,590,000 | Improvement Value $1,720,739 | Tax Amount $34,581.23 | Change Rate +0.039303% | Assessed CR | Tax Rate +0.010445% |
| Year 2021 | Assessed Value $3,310,739 | Land Value $1,590,000 | Improvement Value $1,720,739 | Tax Amount $33,273.49 | Change Rate +0.018031% | Assessed CR | Tax Rate +0.01005% |
| Year 2020 | Assessed Value $3,310,739 | Land Value $1,590,000 | Improvement Value $1,720,739 | Tax Amount $32,684.17 | Change Rate +0.058094% | Assessed CR | Tax Rate +0.009872% |
| Year 2019 | Assessed Value $2,573,963 | Land Value $742,000 | Improvement Value $1,831,963 | Tax Amount $30,889.66 | Change Rate +0.058477% | Assessed CR | Tax Rate +0.012001% |
| Year 2018 | Assessed Value $2,573,963 | Land Value $742,000 | Improvement Value $1,831,963 | Tax Amount $29,183.12 | Change Rate +0.04836% | Assessed CR | Tax Rate +0.011338% |
| Year 2017 | Assessed Value $2,573,963 | Land Value $742,000 | Improvement Value $1,831,963 | Tax Amount $27,836.93 | Change Rate +0.020283% | Assessed CR | Tax Rate +0.010815% |
| Year 2016 | Assessed Value $3,036,919 | Land Value $742,000 | Improvement Value $2,294,919 | Tax Amount $27,283.54 | Change Rate +0.372091% | Assessed CR | Tax Rate +0.008984% |
| Year 2015 | Assessed Value $1,817,928 | Land Value $477,000 | Improvement Value $1,340,928 | Tax Amount $19,884.65 | Change Rate | Assessed CR | Tax Rate +0.010938% |
| Year 2014 | Assessed Value $1,817,928 | Land Value $477,000 | Improvement Value $1,340,928 | Tax Amount | Change Rate | Assessed CR | Tax Rate |