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2331 Lake Dr; Raleigh, NC Property Details

2331 Lake Dr, Raleigh, NC is a Single Family that was built in 2021. This property is currently a cash purchase and is not for sale. Our records show that 2331 Lake Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 7,092 square feet. The lot size of 2331 Lake Dr is 45,302 square feet.

Off market
2331 Lake Dr Raleigh, NC 27609
$1,250,000 Listing Price
4 Beds
3.5 Baths
7,092 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2021
  • Purchase Price: $1,250,000
  • Open Loans / Balance: 2 / $2,642,611
  • Est. Equity / %: $2,029,389 / 43.44%
  • Gross Yield: 0.653%
  • APN: 1705.18-41-3715-000
  • Situs County: Wake
  • Length Of Ownership: 7 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Combination
  • Building Condition: Excellent
  • Building Quality: A
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 7,092/SqFt
  • Lot: 45,302/SqFt
  • Gross: 7,092/SqFt
  • Living: 7,092/SqFt
  • Building: 7,092/SqFt
  • Price Per Square Foot: $176.25

Legal Description

  • Description: LOA WOODROW PARK REVISED
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: 35.815025 / -78.64813
  • Subdivision: Woodrow Park
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7667
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2331 Lake Dr has no associated ownership info
2331 Lake Dr has no associated ownership info.

Taxes

2331 Lake Dr has 8 associated Taxes items

2331 Lake 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 $3,917,518. The APN we've located for 2331 Lake Dr is 1705.18-41-3715-000.

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Taxes
  • Assessed Value:  $3,917,518
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1705.18-41-3715-000
  • Assessed Land Value:  1550000
  • Market Land Value:  1550000
  • Market Value:  3917518
  • Market Year:  2025

Tax History

2331 Lake Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,917,518 Land Value $1,550,000 Improvement Value $2,367,518 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $3,917,518 Land Value $1,550,000 Improvement Value $2,367,518 Tax Amount $34,043.64 Change Rate +0.266318% Assessed CR Tax Rate +0.00869%
Year 2023 Assessed Value $2,464,583 Land Value $950,000 Improvement Value $1,514,583 Tax Amount $26,883.95 Change Rate +0.555215% Assessed CR Tax Rate +0.010908%
Year 2022 Assessed Value $2,464,583 Land Value $950,000 Improvement Value $1,514,583 Tax Amount $17,286.32 Change Rate +0.870105% Assessed CR Tax Rate +0.007014%
Year 2021 Assessed Value $950,000 Land Value $950,000 Improvement Value Tax Amount $9,243.5 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $950,000 Land Value $950,000 Improvement Value Tax Amount $9,074.4 Change Rate Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $786,390 Land Value $544,000 Improvement Value $242,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $786,390 Land Value $544,000 Improvement Value $242,390 Tax Amount $8,612.1 Change Rate +0.050151% Assessed CR Tax Rate +0.010951%
Year 2017 Assessed Value $786,390 Land Value $544,000 Improvement Value $242,390 Tax Amount $8,200.82 Change Rate +0.021051% Assessed CR Tax Rate +0.010428%
Year 2016 Assessed Value $786,390 Land Value $544,000 Improvement Value $242,390 Tax Amount $8,031.74 Change Rate -0.090891% Assessed CR Tax Rate +0.010213%
Year 2015 Assessed Value $851,255 Land Value $545,600 Improvement Value $305,655 Tax Amount $8,834.74 Change Rate +0.054564% Assessed CR Tax Rate +0.010378%
Year 2014 Assessed Value $851,255 Land Value $545,600 Improvement Value $305,655 Tax Amount $8,377.62 Change Rate Assessed CR Tax Rate +0.009841%