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408 Ortega Rd; Raleigh, NC Property Details

408 Ortega Rd, Raleigh, NC is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 408 Ortega Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,852 square feet. The lot size of 408 Ortega Rd is 20,473 square feet.

For Rent
408 Ortega Rd Raleigh, NC 27609
$2,700 Listing Price
3 Beds
2 Baths
1,852 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1963
  • Purchase Price: $175,000
  • Open Loans: 1
  • Gross Yield: 8.44%
  • APN: 1706.20-81-9009-000
  • Situs County: Wake
  • Length Of Ownership: 24 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,852/SqFt
  • Lot: 20,473/SqFt
  • Gross: 1,852/SqFt
  • Living: 1,852/SqFt
  • Building: 1,852/SqFt
  • Ground: 1,852/SqFt
  • Price Per Square Foot: $94.49

Legal Description

  • Description: LO7 FARRIOR HILLS BLN BM1959-00289
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: 35.84065 / -78.63251
  • Subdivision: Farrior Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5953
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

408 Ortega Rd has no associated ownership info
408 Ortega Rd has no associated ownership info.

Taxes

408 Ortega Rd has 10 associated Taxes items

408 Ortega 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 $713,893. The APN we've located for 408 Ortega Rd is 1706.20-81-9009-000.

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Taxes
  • Assessed Value:  $713,893
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.20-81-9009-000
  • Assessed Land Value:  700000
  • Market Land Value:  700000
  • Tax Amount:  6245.86
  • Tax Year:  2025
  • Market Value:  713893
  • Market Year:  2025

Tax History

408 Ortega Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $713,893 Land Value $700,000 Improvement Value $13,893 Tax Amount $6,245.86 Change Rate +0.004132% Assessed CR Tax Rate +0.008749%
Year 2024 Assessed Value $713,893 Land Value $700,000 Improvement Value $13,893 Tax Amount $6,220.16 Change Rate +0.472074% Assessed CR Tax Rate +0.008713%
Year 2023 Assessed Value $385,821 Land Value $355,000 Improvement Value $30,821 Tax Amount $4,225.44 Change Rate +0.07615% Assessed CR Tax Rate +0.010952%
Year 2022 Assessed Value $385,821 Land Value $355,000 Improvement Value $30,821 Tax Amount $3,926.44 Change Rate +0.040381% Assessed CR Tax Rate +0.010177%
Year 2021 Assessed Value $385,821 Land Value $355,000 Improvement Value $30,821 Tax Amount $3,774.04 Change Rate +0.018533% Assessed CR Tax Rate +0.009782%
Year 2020 Assessed Value $385,821 Land Value $355,000 Improvement Value $30,821 Tax Amount $3,705.37 Change Rate +0.084386% Assessed CR Tax Rate +0.009604%
Year 2019 Assessed Value $293,125 Land Value $245,000 Improvement Value $48,125 Tax Amount $3,417.02 Change Rate +0.060304% Assessed CR Tax Rate +0.011657%
Year 2018 Assessed Value $293,125 Land Value $245,000 Improvement Value $48,125 Tax Amount $3,222.68 Change Rate +0.049945% Assessed CR Tax Rate +0.010994%
Year 2017 Assessed Value $293,125 Land Value $245,000 Improvement Value $48,125 Tax Amount $3,069.38 Change Rate +0.020962% Assessed CR Tax Rate +0.010471%
Year 2016 Assessed Value $293,125 Land Value $245,000 Improvement Value $48,125 Tax Amount $3,006.36 Change Rate +0.073148% Assessed CR Tax Rate +0.010256%
Year 2015 Assessed Value $268,608 Land Value $150,000 Improvement Value $118,608 Tax Amount $2,801.44 Change Rate Assessed CR Tax Rate +0.010429%
Year 2014 Assessed Value $268,608 Land Value $150,000 Improvement Value $118,608 Tax Amount Change Rate Assessed CR Tax Rate