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407 Polk St; Raleigh, NC Property Details

407 Polk St, Raleigh, NC is a Single Family that was built in 1907. This property is currently Financed and is not for sale. Our records show that 407 Polk St has 3 bedrooms, and 3.5 bathrooms, and a total of 3,425 square feet. The lot size of 407 Polk St is 5,663 square feet.

Off market
407 Polk St Raleigh, NC 27604
$575,000 Listing Price
3 Beds
3.5 Baths
3,425 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1907
  • Purchase Price: $650,000
  • Open Loans / Balance: 2 / $529,910
  • Est. Equity / %: $588,090 / 52.6%
  • Gross Yield: 6.519%
  • APN: 1704.20-91-0247-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 5 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,425/SqFt
  • Lot: 5,663/SqFt
  • Gross: 3,425/SqFt
  • Living: 3,425/SqFt
  • Basement: 1,271/SqFt
  • Building: 3,425/SqFt
  • Ground: 3,425/SqFt
  • Price Per Square Foot: $189.78

Legal Description

  • Description: 407 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: 35.78622 / -78.63229
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1251
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

407 Polk St has 10 associated Taxes items

407 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 $1,062,425. The APN we've located for 407 Polk St is 1704.20-91-0247-000.

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Taxes
  • Assessed Value:  $1,062,425
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-91-0247-000
  • Assessed Land Value:  570000
  • Market Land Value:  570000
  • Tax Amount:  9285.41
  • Tax Year:  2025
  • Market Value:  1062425
  • Market Year:  2025

Tax History

407 Polk St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,062,425 Land Value $570,000 Improvement Value $492,425 Tax Amount $9,285.41 Change Rate +0.004136% Assessed CR Tax Rate +0.00874%
Year 2024 Assessed Value $1,062,425 Land Value $570,000 Improvement Value $492,425 Tax Amount $9,247.16 Change Rate +0.312503% Assessed CR Tax Rate +0.008704%
Year 2023 Assessed Value $644,536 Land Value $300,000 Improvement Value $344,536 Tax Amount $7,045.44 Change Rate +0.076308% Assessed CR Tax Rate +0.010931%
Year 2022 Assessed Value $644,536 Land Value $300,000 Improvement Value $344,536 Tax Amount $6,545.93 Change Rate +0.040467% Assessed CR Tax Rate +0.010156%
Year 2021 Assessed Value $644,536 Land Value $300,000 Improvement Value $344,536 Tax Amount $6,291.34 Change Rate +0.018575% Assessed CR Tax Rate +0.009761%
Year 2020 Assessed Value $644,536 Land Value $300,000 Improvement Value $344,536 Tax Amount $6,176.61 Change Rate -0.095785% Assessed CR Tax Rate +0.009583%
Year 2019 Assessed Value $587,705 Land Value $210,000 Improvement Value $377,705 Tax Amount $6,830.91 Change Rate +0.060493% Assessed CR Tax Rate +0.011623%
Year 2018 Assessed Value $582,928 Land Value $210,000 Improvement Value $372,928 Tax Amount $6,441.26 Change Rate +0.058686% Assessed CR Tax Rate +0.01105%
Year 2017 Assessed Value $582,928 Land Value $210,000 Improvement Value $372,928 Tax Amount $6,084.2 Change Rate +0.021033% Assessed CR Tax Rate +0.010437%
Year 2016 Assessed Value $582,928 Land Value $210,000 Improvement Value $372,928 Tax Amount $5,958.87 Change Rate -0.003453% Assessed CR Tax Rate +0.010222%
Year 2015 Assessed Value $575,521 Land Value $237,600 Improvement Value $337,921 Tax Amount $5,979.52 Change Rate +0.088424% Assessed CR Tax Rate +0.01039%
Year 2014 Assessed Value $557,521 Land Value $237,600 Improvement Value $319,921 Tax Amount $5,493.74 Change Rate Assessed CR Tax Rate +0.009854%