Large Location Icon

405 Challenge Rd; Raleigh, NC Property Details

405 Challenge Rd, Raleigh, NC is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 405 Challenge Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 3,108 square feet. The lot size of 405 Challenge Rd is 15,246 square feet.

Off market
405 Challenge Rd Raleigh, NC 27603
$640,000 Listing Price
4 Beds
2.5 Baths
3,108 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $640,000
  • Open Loans / Balance: 1 / $523,441
  • Est. Equity / %: $106,559 / 16.91%
  • Gross Yield: 6.579%
  • APN: 0699.02-68-9450-000
  • Situs County: Wake
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,108/SqFt
  • Lot: 15,246/SqFt
  • Gross: 3,108/SqFt
  • Garage: 420/SqFt
  • Living: 3,108/SqFt
  • Building: 3,108/SqFt
  • Garage Unfinished: 420/SqFt
  • Price Per Square Foot: $205.92

Legal Description

  • Description: LO438 EAGLE RIDGE SUB PH5B SC1 BM2005-00
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: 35.66854 / -78.67356
  • Subdivision: Eagle Ridge Sub Ph5b
  • Property Class: Residential
  • Zoning: R4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5562
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Frequency: Semi-Annual
  • H O A One Type: Planned Unit Development

Ownership Info

405 Challenge Rd has no associated ownership info
405 Challenge Rd has no associated ownership info.

Taxes

405 Challenge Rd has 10 associated Taxes items

405 Challenge 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 $572,547. The APN we've located for 405 Challenge Rd is 0699.02-68-9450-000.

Unlock the full report
Taxes
  • Assessed Value:  $572,547
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0699.02-68-9450-000
  • Assessed Land Value:  112500
  • Market Land Value:  112500
  • Tax Amount:  5957.88
  • Tax Year:  2025
  • Market Value:  572547
  • Market Year:  2025

Tax History

405 Challenge Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $572,547 Land Value $112,500 Improvement Value $460,047 Tax Amount $5,957.88 Change Rate +0.003471% Assessed CR Tax Rate +0.010406%
Year 2024 Assessed Value $572,547 Land Value $112,500 Improvement Value $460,047 Tax Amount $5,937.27 Change Rate +0.291795% Assessed CR Tax Rate +0.01037%
Year 2023 Assessed Value $356,397 Land Value $71,500 Improvement Value $284,897 Tax Amount $4,596.14 Change Rate +0.09548% Assessed CR Tax Rate +0.012896%
Year 2022 Assessed Value $356,397 Land Value $71,500 Improvement Value $284,897 Tax Amount $4,195.55 Change Rate +0.053235% Assessed CR Tax Rate +0.011772%
Year 2021 Assessed Value $356,397 Land Value $71,500 Improvement Value $284,897 Tax Amount $3,983.49 Change Rate +0.013603% Assessed CR Tax Rate +0.011177%
Year 2020 Assessed Value $356,397 Land Value $71,500 Improvement Value $284,897 Tax Amount $3,930.03 Change Rate +0.095806% Assessed CR Tax Rate +0.011027%
Year 2019 Assessed Value $278,475 Land Value $60,500 Improvement Value $217,975 Tax Amount $3,586.43 Change Rate +0.078554% Assessed CR Tax Rate +0.012879%
Year 2018 Assessed Value $278,475 Land Value $60,500 Improvement Value $217,975 Tax Amount $3,325.22 Change Rate +0.034122% Assessed CR Tax Rate +0.011941%
Year 2017 Assessed Value $278,475 Land Value $60,500 Improvement Value $217,975 Tax Amount $3,215.5 Change Rate +0.012718% Assessed CR Tax Rate +0.011547%
Year 2016 Assessed Value $278,475 Land Value $60,500 Improvement Value $217,975 Tax Amount $3,175.12 Change Rate -0.124593% Assessed CR Tax Rate +0.011402%
Year 2015 Assessed Value $318,641 Land Value $59,400 Improvement Value $259,241 Tax Amount $3,627.02 Change Rate Assessed CR Tax Rate +0.011383%
Year 2014 Assessed Value $318,641 Land Value $59,400 Improvement Value $259,241 Tax Amount Change Rate Assessed CR Tax Rate