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408 Watson St; Raleigh, NC Property Details

408 Watson St, Raleigh, NC is a Single Family that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 408 Watson St has 1 bedroom, and 1 bathroom, and a total of 735 square feet. The lot size of 408 Watson St is 3,485 square feet.

Off market
408 Watson St Raleigh, NC 27601
$302,000 Listing Price
1 Beds
1 Baths
735 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1930
  • Purchase Price: $302,000
  • Est. Equity / %: $377,000 / 100%
  • Gross Yield: 5.784%
  • APN: 1703.44-97-5117-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 735/SqFt
  • Lot: 3,485/SqFt
  • Gross: 735/SqFt
  • Living: 735/SqFt
  • Building: 735/SqFt
  • Ground: 735/SqFt
  • Price Per Square Foot: $410.88

Legal Description

  • Description: 408 WATSON STREET
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: 35.77491 / -78.63081
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1944
  • Cooling: None
  • Fireplaces: 1
  • Heating: None

Ownership Info

408 Watson St has no associated ownership info
408 Watson St has no associated ownership info.

Taxes

408 Watson St has 10 associated Taxes items

408 Watson 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 $331,201. The APN we've located for 408 Watson St is 1703.44-97-5117-000.

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Taxes
  • Assessed Value:  $331,201
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.44-97-5117-000
  • Assessed Land Value:  285000
  • Market Land Value:  285000
  • Tax Amount:  2908.4
  • Tax Year:  2025
  • Market Value:  331201
  • Market Year:  2025

Tax History

408 Watson St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $331,201 Land Value $285,000 Improvement Value $46,201 Tax Amount $2,908.4 Change Rate +0.004115% Assessed CR Tax Rate +0.008781%
Year 2024 Assessed Value $331,201 Land Value $285,000 Improvement Value $46,201 Tax Amount $2,896.48 Change Rate +0.394335% Assessed CR Tax Rate +0.008745%
Year 2023 Assessed Value $188,745 Land Value $157,500 Improvement Value $31,245 Tax Amount $2,077.32 Change Rate +0.075746% Assessed CR Tax Rate +0.011006%
Year 2022 Assessed Value $188,745 Land Value $157,500 Improvement Value $31,245 Tax Amount $1,931.05 Change Rate +1.05814% Assessed CR Tax Rate +0.010231%
Year 2021 Assessed Value $188,745 Land Value $157,500 Improvement Value $31,245 Tax Amount $938.25 Change Rate +0.018232% Assessed CR Tax Rate +0.004971%
Year 2020 Assessed Value $188,745 Land Value $157,500 Improvement Value $31,245 Tax Amount $921.45 Change Rate +0.611659% Assessed CR Tax Rate +0.004882%
Year 2019 Assessed Value $95,219 Land Value $80,000 Improvement Value $15,219 Tax Amount $571.74 Change Rate +0.058445% Assessed CR Tax Rate +0.006004%
Year 2018 Assessed Value $95,219 Land Value $80,000 Improvement Value $15,219 Tax Amount $540.17 Change Rate +0.059157% Assessed CR Tax Rate +0.005673%
Year 2017 Assessed Value $95,219 Land Value $80,000 Improvement Value $15,219 Tax Amount $510 Change Rate Assessed CR Tax Rate +0.005356%
Year 2016 Assessed Value $95,219 Land Value $80,000 Improvement Value $15,219 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $56,813 Land Value $22,400 Improvement Value $34,413 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $56,813 Land Value $22,400 Improvement Value $34,413 Tax Amount Change Rate Assessed CR Tax Rate