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408 Vernon Ter; Raleigh, NC Property Details

408 Vernon Ter, Raleigh, NC is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 408 Vernon Ter has 3 bedrooms, and 2.5 bathrooms, and a total of 2,574 square feet. The lot size of 408 Vernon Ter is 29,185 square feet.

Off market
408 Vernon Ter Raleigh, NC 27609
$170,000 Listing Price
3 Beds
2.5 Baths
2,574 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1961
  • Purchase Price: $170,000
  • Open Loans: 2
  • Gross Yield: 7.561%
  • APN: 1706.20-80-9518-000
  • Situs County: Wake
  • Length Of Ownership: 27 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,574/SqFt
  • Lot: 29,185/SqFt
  • Gross: 2,574/SqFt
  • Living: 2,574/SqFt
  • Basement: 1,144/SqFt
  • Building: 2,574/SqFt
  • Ground: 2,574/SqFt
  • Price Per Square Foot: $66.05

Legal Description

  • Description: LO17 FARRIOR HILLS BLN
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: 35.839153 / -78.63257
  • Subdivision: Farrior Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5962
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

408 Vernon Ter has no associated ownership info
408 Vernon Ter has no associated ownership info.

Taxes

408 Vernon Ter has 10 associated Taxes items

408 Vernon Ter, 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 $753,800. The APN we've located for 408 Vernon Ter is 1706.20-80-9518-000.

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Taxes
  • Assessed Value:  $753,800
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.20-80-9518-000
  • Assessed Land Value:  724500
  • Market Land Value:  724500
  • Tax Amount:  6593.89
  • Tax Year:  2025
  • Market Value:  753800
  • Market Year:  2025

Tax History

408 Vernon Ter has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $753,800 Land Value $724,500 Improvement Value $29,300 Tax Amount $6,593.89 Change Rate +0.004133% Assessed CR Tax Rate +0.008748%
Year 2024 Assessed Value $753,800 Land Value $724,500 Improvement Value $29,300 Tax Amount $6,566.75 Change Rate +0.391172% Assessed CR Tax Rate +0.008712%
Year 2023 Assessed Value $431,220 Land Value $355,000 Improvement Value $76,220 Tax Amount $4,720.3 Change Rate +0.076195% Assessed CR Tax Rate +0.010946%
Year 2022 Assessed Value $431,220 Land Value $355,000 Improvement Value $76,220 Tax Amount $4,386.1 Change Rate +0.040403% Assessed CR Tax Rate +0.010171%
Year 2021 Assessed Value $431,220 Land Value $355,000 Improvement Value $76,220 Tax Amount $4,215.77 Change Rate +0.970898% Assessed CR Tax Rate +0.009776%
Year 2020 Assessed Value $431,220 Land Value $355,000 Improvement Value $76,220 Tax Amount $2,139.01 Change Rate +0.069505% Assessed CR Tax Rate +0.00496%
Year 2019 Assessed Value $305,683 Land Value $245,000 Improvement Value $60,683 Tax Amount $2,000 Change Rate -0.404742% Assessed CR Tax Rate +0.006543%
Year 2018 Assessed Value $305,683 Land Value $245,000 Improvement Value $60,683 Tax Amount $3,359.89 Change Rate +0.049959% Assessed CR Tax Rate +0.010991%
Year 2017 Assessed Value $305,683 Land Value $245,000 Improvement Value $60,683 Tax Amount $3,200.02 Change Rate +0.020968% Assessed CR Tax Rate +0.010468%
Year 2016 Assessed Value $305,683 Land Value $245,000 Improvement Value $60,683 Tax Amount $3,134.3 Change Rate +0.021221% Assessed CR Tax Rate +0.010253%
Year 2015 Assessed Value $294,464 Land Value $150,000 Improvement Value $144,464 Tax Amount $3,069.17 Change Rate +0.054317% Assessed CR Tax Rate +0.010423%
Year 2014 Assessed Value $294,464 Land Value $150,000 Improvement Value $144,464 Tax Amount $2,911.05 Change Rate Assessed CR Tax Rate +0.009886%