Large Location Icon

406 Polk St; Raleigh, NC Property Details

406 Polk St, Raleigh, NC is a Single Family that was built in 1918. This property is currently Financed and is not for sale. Our records show that 406 Polk St has 3 bedrooms, and 2 bathrooms, and a total of 2,270 square feet. The lot size of 406 Polk St is 4,356 square feet.

Off market
406 Polk St Raleigh, NC 27604
$365,000 Listing Price
3 Beds
2 Baths
2,270 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1918
  • Purchase Price: $365,000
  • Open Loans / Balance: 3 / $278,234
  • Est. Equity / %: $698,766 / 71.52%
  • Gross Yield: 7.557%
  • APN: 1704.20-91-0141-000
  • Situs County: Wake
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,270/SqFt
  • Lot: 4,356/SqFt
  • Gross: 2,270/SqFt
  • Living: 2,270/SqFt
  • Building: 2,270/SqFt
  • Price Per Square Foot: $160.79

Legal Description

  • Description: 406 E POLK ST
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: 35.785767 / -78.63234
  • Subdivision: 510 Glenwood Condo
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1252
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $435
  • H O A Amount: $435
  • H O A One Frequency: Monthly
  • H O A One Name: 510 Glenwood Condominium
  • H O A One Type: Home Owner Association

Ownership Info

406 Polk St has no associated ownership info
406 Polk St has no associated ownership info.

Taxes

406 Polk St has 10 associated Taxes items

406 Polk St, 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 $1,021,333. The APN we've located for 406 Polk St is 1704.20-91-0141-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,021,333
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-91-0141-000
  • Assessed Land Value:  570000
  • Market Land Value:  570000
  • Tax Amount:  8927.04
  • Tax Year:  2025
  • Market Value:  1021333
  • Market Year:  2025

Tax History

406 Polk St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,021,333 Land Value $570,000 Improvement Value $451,333 Tax Amount $8,927.04 Change Rate +0.004136% Assessed CR Tax Rate +0.008741%
Year 2024 Assessed Value $1,021,333 Land Value $570,000 Improvement Value $451,333 Tax Amount $8,890.27 Change Rate +0.307904% Assessed CR Tax Rate +0.008705%
Year 2023 Assessed Value $621,774 Land Value $300,000 Improvement Value $321,774 Tax Amount $6,797.34 Change Rate +0.076302% Assessed CR Tax Rate +0.010932%
Year 2022 Assessed Value $621,774 Land Value $300,000 Improvement Value $321,774 Tax Amount $6,315.46 Change Rate +0.040462% Assessed CR Tax Rate +0.010157%
Year 2021 Assessed Value $621,774 Land Value $300,000 Improvement Value $321,774 Tax Amount $6,069.86 Change Rate +0.018573% Assessed CR Tax Rate +0.009762%
Year 2020 Assessed Value $621,774 Land Value $300,000 Improvement Value $321,774 Tax Amount $5,959.18 Change Rate -0.012796% Assessed CR Tax Rate +0.009584%
Year 2019 Assessed Value $519,149 Land Value $210,000 Improvement Value $309,149 Tax Amount $6,036.42 Change Rate +0.060468% Assessed CR Tax Rate +0.011628%
Year 2018 Assessed Value $519,149 Land Value $210,000 Improvement Value $309,149 Tax Amount $5,692.22 Change Rate +0.050088% Assessed CR Tax Rate +0.010965%
Year 2017 Assessed Value $519,149 Land Value $210,000 Improvement Value $309,149 Tax Amount $5,420.71 Change Rate +0.021024% Assessed CR Tax Rate +0.010442%
Year 2016 Assessed Value $519,149 Land Value $210,000 Improvement Value $309,149 Tax Amount $5,309.09 Change Rate +0.083368% Assessed CR Tax Rate +0.010227%
Year 2015 Assessed Value $471,322 Land Value $222,750 Improvement Value $248,572 Tax Amount $4,900.54 Change Rate +0.05446% Assessed CR Tax Rate +0.010397%
Year 2014 Assessed Value $471,322 Land Value $222,750 Improvement Value $248,572 Tax Amount $4,647.44 Change Rate Assessed CR Tax Rate +0.00986%