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401 Ortega Rd; Raleigh, NC Property Details

401 Ortega Rd, Raleigh, NC is a Single Family that was built in 1962. This property is currently a cash purchase and is not for sale. Our records show that 401 Ortega Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,850 square feet. The lot size of 401 Ortega Rd is 20,909 square feet.

Off market
401 Ortega Rd Raleigh, NC 27609
$6,700,000 Listing Price
3 Beds
2 Baths
1,850 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • Purchase Price: $1,100,000
  • Open Loans / Balance: 1 / $204,968
  • Est. Equity / %: $5,759,032 / 96.56%
  • Gross Yield: 1.222%
  • APN: 1706.20-81-7324-000
  • Situs County: Wake
  • Length Of Ownership: 1 year, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,850/SqFt
  • Lot: 20,909/SqFt
  • Gross: 1,850/SqFt
  • Living: 1,850/SqFt
  • Building: 1,850/SqFt
  • Ground: 1,850/SqFt
  • Price Per Square Foot: $594.59

Legal Description

  • Description: LO7 FARRIOR HILLS BLO
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: 35.841373 / -78.63315
  • Subdivision: Farrior Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5952
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

401 Ortega Rd has no associated ownership info
401 Ortega Rd has no associated ownership info.

Taxes

401 Ortega Rd has 8 associated Taxes items

401 Ortega 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 $780,637. The APN we've located for 401 Ortega Rd is 1706.20-81-7324-000.

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Taxes
  • Assessed Value:  $780,637
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.20-81-7324-000
  • Assessed Land Value:  700000
  • Market Land Value:  700000
  • Market Value:  780637
  • Market Year:  2025

Tax History

401 Ortega Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $780,637 Land Value $700,000 Improvement Value $80,637 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $780,637 Land Value $700,000 Improvement Value $80,637 Tax Amount $6,799.83 Change Rate +0.369553% Assessed CR Tax Rate +0.008711%
Year 2023 Assessed Value $453,669 Land Value $355,000 Improvement Value $98,669 Tax Amount $4,965 Change Rate +0.076213% Assessed CR Tax Rate +0.010944%
Year 2022 Assessed Value $453,669 Land Value $355,000 Improvement Value $98,669 Tax Amount $4,613.4 Change Rate +0.040413% Assessed CR Tax Rate +0.010169%
Year 2021 Assessed Value $453,669 Land Value $355,000 Improvement Value $98,669 Tax Amount $4,434.2 Change Rate +0.018551% Assessed CR Tax Rate +0.009774%
Year 2020 Assessed Value $453,669 Land Value $355,000 Improvement Value $98,669 Tax Amount $4,353.44 Change Rate +0.214749% Assessed CR Tax Rate +0.009596%
Year 2019 Assessed Value $307,517 Land Value $245,000 Improvement Value $62,517 Tax Amount $3,583.82 Change Rate +0.060324% Assessed CR Tax Rate +0.011654%
Year 2018 Assessed Value $307,517 Land Value $245,000 Improvement Value $62,517 Tax Amount $3,379.93 Change Rate +0.049961% Assessed CR Tax Rate +0.010991%
Year 2017 Assessed Value $307,517 Land Value $245,000 Improvement Value $62,517 Tax Amount $3,219.1 Change Rate +0.020971% Assessed CR Tax Rate +0.010468%
Year 2016 Assessed Value $307,517 Land Value $245,000 Improvement Value $62,517 Tax Amount $3,152.98 Change Rate +0.091922% Assessed CR Tax Rate +0.010253%
Year 2015 Assessed Value $276,924 Land Value $150,000 Improvement Value $126,924 Tax Amount $2,887.55 Change Rate +0.054297% Assessed CR Tax Rate +0.010427%
Year 2014 Assessed Value $276,924 Land Value $150,000 Improvement Value $126,924 Tax Amount $2,738.84 Change Rate Assessed CR Tax Rate +0.00989%