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223 Forest Rd; Raleigh, NC Property Details

223 Forest Rd, Raleigh, NC is a Single Family that was built in 1920. This property is currently a cash purchase and is not for sale. Our records show that 223 Forest Rd has 4 bedrooms, and 3.5 bathrooms, and a total of 3,054 square feet. The lot size of 223 Forest Rd is 8,276 square feet.

Off market
223 Forest Rd Raleigh, NC 27605
$743,000 Listing Price
4 Beds
3.5 Baths
3,054 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1920
  • Purchase Price: $743,000
  • Est. Equity / %: $1,371,000 / 100%
  • Gross Yield: 6.515%
  • APN: 1704.17-11-5379-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 14
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,054/SqFt
  • Lot: 8,276/SqFt
  • Gross: 3,054/SqFt
  • Garage: 380/SqFt
  • Living: 3,054/SqFt
  • Building: 3,054/SqFt
  • Garage Unfinished: 380/SqFt
  • Price Per Square Foot: $243.29

Legal Description

  • Description: LO5 HALL, HOPKINS AND LUNSFORD BM2002-00
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: 35.7866 / -78.65752
  • Subdivision: Lowell T Lunsford & Julia O Lu
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1757
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

223 Forest Rd has no associated ownership info
223 Forest Rd has no associated ownership info.

Taxes

223 Forest Rd has 10 associated Taxes items

223 Forest Rd, 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 $1,198,153. The APN we've located for 223 Forest Rd is 1704.17-11-5379-000.

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Taxes
  • Assessed Value:  $1,198,153
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.17-11-5379-000
  • Assessed Land Value:  765000
  • Market Land Value:  765000
  • Tax Amount:  10469.09
  • Tax Year:  2025
  • Market Value:  1198153
  • Market Year:  2025

Tax History

223 Forest Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,198,153 Land Value $765,000 Improvement Value $433,153 Tax Amount $10,469.09 Change Rate +0.004137% Assessed CR Tax Rate +0.008738%
Year 2024 Assessed Value $1,198,153 Land Value $765,000 Improvement Value $433,153 Tax Amount $10,425.96 Change Rate +0.077178% Assessed CR Tax Rate +0.008702%
Year 2023 Assessed Value $886,143 Land Value $450,000 Improvement Value $436,143 Tax Amount $9,678.96 Change Rate +0.076373% Assessed CR Tax Rate +0.010923%
Year 2022 Assessed Value $886,143 Land Value $450,000 Improvement Value $436,143 Tax Amount $8,992.2 Change Rate +0.040503% Assessed CR Tax Rate +0.010148%
Year 2021 Assessed Value $886,143 Land Value $450,000 Improvement Value $436,143 Tax Amount $8,642.17 Change Rate +0.018591% Assessed CR Tax Rate +0.009753%
Year 2020 Assessed Value $886,143 Land Value $450,000 Improvement Value $436,143 Tax Amount $8,484.44 Change Rate -0.044734% Assessed CR Tax Rate +0.009575%
Year 2019 Assessed Value $762,944 Land Value $300,000 Improvement Value $462,944 Tax Amount $8,881.76 Change Rate +0.088894% Assessed CR Tax Rate +0.011641%
Year 2018 Assessed Value $742,877 Land Value $300,000 Improvement Value $442,877 Tax Amount $8,156.68 Change Rate +0.050016% Assessed CR Tax Rate +0.01098%
Year 2017 Assessed Value $742,877 Land Value $300,000 Improvement Value $442,877 Tax Amount $7,768.15 Change Rate +0.020993% Assessed CR Tax Rate +0.010457%
Year 2016 Assessed Value $742,877 Land Value $300,000 Improvement Value $442,877 Tax Amount $7,608.43 Change Rate -0.036508% Assessed CR Tax Rate +0.010242%
Year 2015 Assessed Value $758,737 Land Value $360,800 Improvement Value $397,937 Tax Amount $7,896.72 Change Rate +0.054403% Assessed CR Tax Rate +0.010408%
Year 2014 Assessed Value $758,737 Land Value $360,800 Improvement Value $397,937 Tax Amount $7,489.28 Change Rate Assessed CR Tax Rate +0.009871%