Taxes
- Assessed Value: $12,035,722
- Assessed Year: 2025
- Assessed County: Wake
- APN: 1703.34-67-7987-000
- Assessed Land Value: 2191382
- Market Land Value: 2191382
- Tax Amount: 42434.84
- Tax Year: 2025
- Market Value: 12035722
- Market Year: 2025
16 E Martin St; Raleigh, NC Property Details
Off market
16 W Martin St Raleigh, NC 27601
$12,035,722 Estimated Value
55,522 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1930
- Purchase Price: $12,500,000
- APN: 1703.34-67-7987-000
- Situs County: Wake
- Length Of Ownership: 6 years, 7 months
Structure
- Building Style: Concrete
- Stories: 5
- Exterior Wall Type: Brick
- Building Condition: Good
- Roof Type: Flat
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 55,522/SqFt
- Lot: 4,792/SqFt
- Gross: 55,522/SqFt
- Living: 55,522/SqFt
- Basement: 3,961/SqFt
- Building: 55,522/SqFt
- Price Per Square Foot: $225.14
Legal Description
- Description: CAPITAL CLUB BUILDING
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Wake County Schools
- Lat / Lon: 35.77714 / -78.64003
- Subdivision: Capital Club
- Property Class: Office
- Zoning: DX-12
- County Use Code: 38
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1341
- Cooling: Central
- Heating: Forced air unit
Ownership Info
16 W Martin St has no associated ownership info
16 W Martin St has no associated ownership info.
Taxes
16 W Martin St has 10 associated Taxes items
16 E Martin 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 $12,035,722. The APN we've located for 16 E Martin St is 1703.34-67-7987-000.
Unlock the full reportTax History
16 W Martin St 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 $12,035,722 | Land Value $2,191,382 | Improvement Value $9,844,340 | Tax Amount $42,434.84 | Change Rate -0.247039% | Assessed CR | Tax Rate +0.003526% |
| Year 2024 | Assessed Value $12,035,722 | Land Value $2,191,382 | Improvement Value $9,844,340 | Tax Amount $56,357.28 | Change Rate -0.208572% | Assessed CR | Tax Rate +0.004683% |
| Year 2023 | Assessed Value $12,187,173 | Land Value $1,675,762 | Improvement Value $10,511,411 | Tax Amount $71,209.65 | Change Rate +0.071029% | Assessed CR | Tax Rate +0.005843% |
| Year 2022 | Assessed Value $12,187,173 | Land Value $1,675,762 | Improvement Value $10,511,411 | Tax Amount $66,487.12 | Change Rate +0.072861% | Assessed CR | Tax Rate +0.005455% |
| Year 2021 | Assessed Value $12,187,173 | Land Value $1,675,762 | Improvement Value $10,511,411 | Tax Amount $61,971.78 | Change Rate +0.017814% | Assessed CR | Tax Rate +0.005085% |
| Year 2020 | Assessed Value $12,187,173 | Land Value $1,675,762 | Improvement Value $10,511,411 | Tax Amount $60,887.12 | Change Rate +0.751991% | Assessed CR | Tax Rate +0.004996% |
| Year 2019 | Assessed Value $5,688,838 | Land Value $718,081 | Improvement Value $4,970,757 | Tax Amount $34,753.11 | Change Rate +0.057378% | Assessed CR | Tax Rate +0.006109% |
| Year 2018 | Assessed Value $5,688,838 | Land Value $718,081 | Improvement Value $4,970,757 | Tax Amount $32,867.26 | Change Rate +0.047407% | Assessed CR | Tax Rate +0.005777% |
| Year 2017 | Assessed Value $5,688,838 | Land Value $718,081 | Improvement Value $4,970,757 | Tax Amount $31,379.64 | Change Rate +0.019876% | Assessed CR | Tax Rate +0.005516% |
| Year 2016 | Assessed Value $5,688,838 | Land Value $718,081 | Improvement Value $4,970,757 | Tax Amount $30,768.09 | Change Rate +0.014653% | Assessed CR | Tax Rate +0.005409% |
| Year 2015 | Assessed Value $5,443,636 | Land Value $239,600 | Improvement Value $5,204,036 | Tax Amount $30,323.77 | Change Rate +0.050641% | Assessed CR | Tax Rate +0.00557% |
| Year 2014 | Assessed Value $5,443,636 | Land Value $239,600 | Improvement Value $5,204,036 | Tax Amount $28,862.16 | Change Rate | Assessed CR | Tax Rate +0.005302% |