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2518 Happy Ln; Raleigh, NC Property Details

2518 Happy Ln, Raleigh, NC is a Single Family that was built in 2005. This property is currently Financed,New Construction and is not for sale. Our records show that 2518 Happy Ln has 3 bedrooms, and 3.5 bathrooms, and a total of 2,958 square feet. The lot size of 2518 Happy Ln is 5,227 square feet.

Off market
2518 Happy Ln Raleigh, NC 27614
$322,601 Listing Price
3 Beds
3.5 Baths
2,958 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $323,000
  • Est. Equity / %: $705,000 / 100%
  • Gross Yield: 6.628%
  • APN: 1729.04-93-3085-000
  • Situs County: Wake
  • Length Of Ownership: 20 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Quality: C
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,958/SqFt
  • Lot: 5,227/SqFt
  • Gross: 2,958/SqFt
  • Garage: 420/SqFt
  • Living: 2,958/SqFt
  • Building: 2,958/SqFt
  • Garage Unfinished: 420/SqFt
  • Price Per Square Foot: $109.20

Legal Description

  • Description: LO1121 BEDFORD @ FALLS RIV P25 03-135-8
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: 35.928215 / -78.562965
  • Subdivision: Bedford @ Falls
  • Property Class: Residential
  • Zoning: PD
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6592
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $83
  • H O A Amount: $83
  • H O A One Frequency: Monthly
  • H O A One Name: Bedford At Falls River Master Assn
  • H O A One Type: Home Owner Association

Ownership Info

2518 Happy Ln has no associated ownership info
2518 Happy Ln has no associated ownership info.

Taxes

2518 Happy Ln has 10 associated Taxes items

2518 Happy Ln, 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 $624,033. The APN we've located for 2518 Happy Ln is 1729.04-93-3085-000.

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Taxes
  • Assessed Value:  $624,033
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1729.04-93-3085-000
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  5462.19
  • Tax Year:  2025
  • Market Value:  624033
  • Market Year:  2025

Tax History

2518 Happy Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $624,033 Land Value $90,000 Improvement Value $534,033 Tax Amount $5,462.19 Change Rate +0.004129% Assessed CR Tax Rate +0.008753%
Year 2024 Assessed Value $624,033 Land Value $90,000 Improvement Value $534,033 Tax Amount $5,439.73 Change Rate +0.167988% Assessed CR Tax Rate +0.008717%
Year 2023 Assessed Value $425,445 Land Value $65,000 Improvement Value $360,445 Tax Amount $4,657.35 Change Rate +0.07619% Assessed CR Tax Rate +0.010947%
Year 2022 Assessed Value $425,445 Land Value $65,000 Improvement Value $360,445 Tax Amount $4,327.63 Change Rate +0.040401% Assessed CR Tax Rate +0.010172%
Year 2021 Assessed Value $425,445 Land Value $65,000 Improvement Value $360,445 Tax Amount $4,159.58 Change Rate +0.018544% Assessed CR Tax Rate +0.009777%
Year 2020 Assessed Value $425,445 Land Value $65,000 Improvement Value $360,445 Tax Amount $4,083.85 Change Rate -0.062931% Assessed CR Tax Rate +0.009599%
Year 2019 Assessed Value $374,330 Land Value $65,000 Improvement Value $309,330 Tax Amount $4,358.11 Change Rate +0.060385% Assessed CR Tax Rate +0.011642%
Year 2018 Assessed Value $374,330 Land Value $65,000 Improvement Value $309,330 Tax Amount $4,109.93 Change Rate +0.050016% Assessed CR Tax Rate +0.010979%
Year 2017 Assessed Value $374,330 Land Value $65,000 Improvement Value $309,330 Tax Amount $3,914.16 Change Rate +0.020996% Assessed CR Tax Rate +0.010456%
Year 2016 Assessed Value $374,330 Land Value $65,000 Improvement Value $309,330 Tax Amount $3,833.67 Change Rate -0.012412% Assessed CR Tax Rate +0.010241%
Year 2015 Assessed Value $372,946 Land Value $60,600 Improvement Value $312,346 Tax Amount $3,881.85 Change Rate +0.054395% Assessed CR Tax Rate +0.010409%
Year 2014 Assessed Value $372,946 Land Value $60,600 Improvement Value $312,346 Tax Amount $3,681.59 Change Rate Assessed CR Tax Rate +0.009872%