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3040 Banks Rd; Raleigh, NC Property Details

3040 Banks Rd, Raleigh, NC is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 3040 Banks Rd has 2 bedrooms, and 3.5 bathrooms, and a total of 2,198 square feet. The lot size of 3040 Banks Rd is 217,800 square feet.

Off market
3040 Banks Rd Raleigh, NC 27603
$310,000 Listing Price
2 Beds
3.5 Baths
2,198 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1978
  • Purchase Price: $310,000
  • Open Loans / Balance: 1 / $469,130
  • Est. Equity / %: $134,870 / 22.33%
  • Gross Yield: 5.71%
  • APN: 0698.01-16-7853-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Porch Type: Open
  • Deck: true

Measurements

  • Total: 2,198/SqFt
  • Lot: 217,800/SqFt
  • Gross: 2,198/SqFt
  • Garage: 504/SqFt
  • Living: 2,198/SqFt
  • Building: 2,198/SqFt
  • Ground: 2,198/SqFt
  • Garage Unfinished: 504/SqFt
  • Price Per Square Foot: $141.04

Legal Description

  • Description: PROP ROBERT E & JACKIE W NOBLES
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: 35.63673 / -78.691185
  • Subdivision: Property Of Robert Noles
  • Property Class: Residential
  • Zoning: R-30
  • County Use Code: 01

Amenities

  • Plus Four: 9684
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

3040 Banks Rd has no associated ownership info
3040 Banks Rd has no associated ownership info.

Taxes

3040 Banks Rd has 10 associated Taxes items

3040 Banks 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 $523,945. The APN we've located for 3040 Banks Rd is 0698.01-16-7853-000.

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Taxes
  • Assessed Value:  $523,945
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0698.01-16-7853-000
  • Assessed Land Value:  221000
  • Market Land Value:  221000
  • Tax Amount:  3371.15
  • Tax Year:  2025
  • Market Value:  523945
  • Market Year:  2025

Tax History

3040 Banks Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $523,945 Land Value $221,000 Improvement Value $302,945 Tax Amount $3,371.15 Change Rate +0.029768% Assessed CR Tax Rate +0.006434%
Year 2024 Assessed Value $523,945 Land Value $221,000 Improvement Value $302,945 Tax Amount $3,273.7 Change Rate +0.160393% Assessed CR Tax Rate +0.006248%
Year 2023 Assessed Value $359,266 Land Value $168,800 Improvement Value $190,466 Tax Amount $2,821.2 Change Rate +0.07901% Assessed CR Tax Rate +0.007853%
Year 2022 Assessed Value $359,266 Land Value $168,800 Improvement Value $190,466 Tax Amount $2,614.62 Change Rate +0.027529% Assessed CR Tax Rate +0.007278%
Year 2021 Assessed Value $359,266 Land Value $168,800 Improvement Value $190,466 Tax Amount $2,544.57 Change Rate +0.016799% Assessed CR Tax Rate +0.007083%
Year 2020 Assessed Value $359,266 Land Value $168,800 Improvement Value $190,466 Tax Amount $2,502.53 Change Rate +0.065364% Assessed CR Tax Rate +0.006966%
Year 2019 Assessed Value $285,171 Land Value $133,600 Improvement Value $151,571 Tax Amount $2,348.99 Change Rate +0.091898% Assessed CR Tax Rate +0.008237%
Year 2018 Assessed Value $277,270 Land Value $133,600 Improvement Value $143,670 Tax Amount $2,151.29 Change Rate +0.080296% Assessed CR Tax Rate +0.007759%
Year 2017 Assessed Value $277,270 Land Value $133,600 Improvement Value $143,670 Tax Amount $1,991.39 Change Rate +0.020603% Assessed CR Tax Rate +0.007182%
Year 2016 Assessed Value $277,270 Land Value $133,600 Improvement Value $143,670 Tax Amount $1,951.19 Change Rate -0.162522% Assessed CR Tax Rate +0.007037%
Year 2015 Assessed Value $332,590 Land Value $156,400 Improvement Value $176,190 Tax Amount $2,329.84 Change Rate +0.054971% Assessed CR Tax Rate +0.007005%
Year 2014 Assessed Value $332,590 Land Value $156,400 Improvement Value $176,190 Tax Amount $2,208.44 Change Rate Assessed CR Tax Rate +0.00664%