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4029 Balsam Dr; Raleigh, NC Property Details

4029 Balsam Dr, Raleigh, NC is a Single Family that was built in 1967. This property is not for sale. Our records show that 4029 Balsam Dr has 2 bathrooms, and a total of 1,660 square feet. The lot size of 4029 Balsam Dr is 28,750 square feet.

Off market
4029 Balsam Dr Raleigh, NC 27612
$504,069 Estimated Value
2 Baths
1,660 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1967
  • Purchase Price: $150,000
  • Open Loans / Balance: 1 / $34,518
  • Est. Equity / %: $474,482 / 93.22%
  • Gross Yield: 8.089%
  • APN: 0786.19-50-6554-000
  • Situs County: Wake
  • Length Of Ownership: 29 years, 5 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Deck: true

Measurements

  • Total: 1,660/SqFt
  • Lot: 28,750/SqFt
  • Gross: 1,660/SqFt
  • Garage: 400/SqFt
  • Living: 1,660/SqFt
  • Building: 1,660/SqFt
  • Ground: 1,660/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $90.36

Legal Description

  • Description: LO96 & PT SOURWOOD DR BLDLAUREL
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: 35.839325 / -78.71102
  • Subdivision: Laurel Hills West Sec 04
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Plus Four: 3605
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

4029 Balsam Dr has no associated ownership info
4029 Balsam Dr has no associated ownership info.

Taxes

4029 Balsam Dr has 10 associated Taxes items

4029 Balsam 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 $504,069. The APN we've located for 4029 Balsam Dr is 0786.19-50-6554-000.

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Taxes
  • Assessed Value:  $504,069
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0786.19-50-6554-000
  • Assessed Land Value:  325000
  • Market Land Value:  325000
  • Tax Amount:  4415.98
  • Tax Year:  2025
  • Market Value:  504069
  • Market Year:  2025

Tax History

4029 Balsam Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $504,069 Land Value $325,000 Improvement Value $179,069 Tax Amount $4,415.98 Change Rate +0.004127% Assessed CR Tax Rate +0.008761%
Year 2024 Assessed Value $504,069 Land Value $325,000 Improvement Value $179,069 Tax Amount $4,397.83 Change Rate +0.318508% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $304,171 Land Value $250,000 Improvement Value $54,171 Tax Amount $3,335.46 Change Rate +0.076049% Assessed CR Tax Rate +0.010966%
Year 2022 Assessed Value $304,171 Land Value $250,000 Improvement Value $54,171 Tax Amount $3,099.73 Change Rate +0.040321% Assessed CR Tax Rate +0.010191%
Year 2021 Assessed Value $304,171 Land Value $250,000 Improvement Value $54,171 Tax Amount $2,979.59 Change Rate +0.018507% Assessed CR Tax Rate +0.009796%
Year 2020 Assessed Value $304,171 Land Value $250,000 Improvement Value $54,171 Tax Amount $2,925.45 Change Rate +0.053947% Assessed CR Tax Rate +0.009618%
Year 2019 Assessed Value $237,787 Land Value $100,000 Improvement Value $137,787 Tax Amount $2,775.71 Change Rate +0.060216% Assessed CR Tax Rate +0.011673%
Year 2018 Assessed Value $237,787 Land Value $100,000 Improvement Value $137,787 Tax Amount $2,618.06 Change Rate +0.04987% Assessed CR Tax Rate +0.01101%
Year 2017 Assessed Value $237,787 Land Value $100,000 Improvement Value $137,787 Tax Amount $2,493.7 Change Rate +0.020933% Assessed CR Tax Rate +0.010487%
Year 2016 Assessed Value $237,787 Land Value $100,000 Improvement Value $137,787 Tax Amount $2,442.57 Change Rate +0.03401% Assessed CR Tax Rate +0.010272%
Year 2015 Assessed Value $226,193 Land Value $100,000 Improvement Value $126,193 Tax Amount $2,362.23 Change Rate +0.054205% Assessed CR Tax Rate +0.010443%
Year 2014 Assessed Value $226,193 Land Value $100,000 Improvement Value $126,193 Tax Amount $2,240.77 Change Rate Assessed CR Tax Rate +0.009906%