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408 E South St; Raleigh, NC Property Details

408 E South St, Raleigh, NC is a Single Family that was built in 2008. This property is currently Financed and is not for sale. Our records show that 408 E South St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,295 square feet. The lot size of 408 E South St is 6,970 square feet.

Off market
408 E South St Raleigh, NC 27601
$360,000 Listing Price
3 Beds
2.5 Baths
1,295 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2008
  • Purchase Price: $1,000
  • Open Loans / Balance: 1 / $370,850
  • Est. Equity / %: $204,150 / 35.5%
  • Gross Yield: 7.094%
  • APN: 1703.52-86-8040-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Quality: B
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 1,295/SqFt
  • Lot: 6,970/SqFt
  • Gross: 1,295/SqFt
  • Living: 1,295/SqFt
  • Building: 1,295/SqFt
  • Price Per Square Foot: $0.77

Legal Description

  • Description: LO7 CITY OF RALEIGH BM2005-00311
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: 35.77173 / -78.63306
  • Subdivision: City Of Raleigh
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2472
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

408 E South St has no associated ownership info
408 E South St has no associated ownership info.

Taxes

408 E South St has 10 associated Taxes items

408 E South 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 $638,521. The APN we've located for 408 E South St is 1703.52-86-8040-000.

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Taxes
  • Assessed Value:  $638,521
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.52-86-8040-000
  • Assessed Land Value:  333500
  • Market Land Value:  333500
  • Tax Amount:  5588.54
  • Tax Year:  2025
  • Market Value:  638521
  • Market Year:  2025

Tax History

408 E South St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $638,521 Land Value $333,500 Improvement Value $305,021 Tax Amount $5,588.54 Change Rate +0.004129% Assessed CR Tax Rate +0.008752%
Year 2024 Assessed Value $638,521 Land Value $333,500 Improvement Value $305,021 Tax Amount $5,565.56 Change Rate +0.343988% Assessed CR Tax Rate +0.008716%
Year 2023 Assessed Value $378,080 Land Value $175,000 Improvement Value $203,080 Tax Amount $4,141.08 Change Rate +0.076147% Assessed CR Tax Rate +0.010953%
Year 2022 Assessed Value $378,080 Land Value $175,000 Improvement Value $203,080 Tax Amount $3,848.06 Change Rate +0.040376% Assessed CR Tax Rate +0.010178%
Year 2021 Assessed Value $378,080 Land Value $175,000 Improvement Value $203,080 Tax Amount $3,698.72 Change Rate +0.018533% Assessed CR Tax Rate +0.009783%
Year 2020 Assessed Value $378,080 Land Value $175,000 Improvement Value $203,080 Tax Amount $3,631.42 Change Rate +0.233603% Assessed CR Tax Rate +0.009605%
Year 2019 Assessed Value $252,286 Land Value $80,000 Improvement Value $172,286 Tax Amount $2,943.75 Change Rate +0.060245% Assessed CR Tax Rate +0.011668%
Year 2018 Assessed Value $252,286 Land Value $80,000 Improvement Value $172,286 Tax Amount $2,776.48 Change Rate +0.049895% Assessed CR Tax Rate +0.011005%
Year 2017 Assessed Value $252,286 Land Value $80,000 Improvement Value $172,286 Tax Amount $2,644.53 Change Rate +0.02094% Assessed CR Tax Rate +0.010482%
Year 2016 Assessed Value $252,286 Land Value $80,000 Improvement Value $172,286 Tax Amount $2,590.29 Change Rate +0.561272% Assessed CR Tax Rate +0.010267%
Year 2015 Assessed Value $158,289 Land Value $40,000 Improvement Value $118,289 Tax Amount $1,659.09 Change Rate +0.054006% Assessed CR Tax Rate +0.010481%
Year 2014 Assessed Value $158,289 Land Value $40,000 Improvement Value $118,289 Tax Amount $1,574.08 Change Rate Assessed CR Tax Rate +0.009944%