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4240 Palafox Ct; Raleigh, NC Property Details

4240 Palafox Ct, Raleigh, NC is a Single Family that was built in 2002. This property is currently Financed,New Construction and is not for sale. Our records show that 4240 Palafox Ct has 2.5 bathrooms, and a total of 2,244 square feet. The lot size of 4240 Palafox Ct is 7,841 square feet.

Off market
4240 Palafox Ct Raleigh, NC 27604
$390,602 Estimated Value
2.5 Baths
2,244 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2002
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $3,121
  • Est. Equity / %: $378,879 / 99.18%
  • Gross Yield: 7.423%
  • APN: 1725.20-80-5839-000
  • Situs County: Wake
  • Length Of Ownership: 23 years, 6 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Quality: C
  • Roof Type: Gable

Measurements

  • Total: 2,244/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,244/SqFt
  • Garage: 300/SqFt
  • Living: 2,244/SqFt
  • Building: 2,244/SqFt
  • Garage Unfinished: 300/SqFt
  • Price Per Square Foot: $71.30

Legal Description

  • Description: LO46 ASHLEY PLACE SUB BM2001-01841
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: 35.81243 / -78.56644
  • Subdivision: Ashley Place Sub
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Plus Four: 3492
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $242
  • H O A Amount: $242
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

4240 Palafox Ct has no associated ownership info
4240 Palafox Ct has no associated ownership info.

Taxes

4240 Palafox Ct has 8 associated Taxes items

4240 Palafox Ct, 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 $390,602. The APN we've located for 4240 Palafox Ct is 1725.20-80-5839-000.

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Taxes
  • Assessed Value:  $390,602
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1725.20-80-5839-000
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Market Value:  390602
  • Market Year:  2025

Tax History

4240 Palafox Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $390,602 Land Value $90,000 Improvement Value $300,602 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $390,602 Land Value $90,000 Improvement Value $300,602 Tax Amount $3,412.38 Change Rate +0.282975% Assessed CR Tax Rate +0.008736%
Year 2023 Assessed Value $242,178 Land Value $35,000 Improvement Value $207,178 Tax Amount $2,659.74 Change Rate +0.075925% Assessed CR Tax Rate +0.010983%
Year 2022 Assessed Value $242,178 Land Value $35,000 Improvement Value $207,178 Tax Amount $2,472.05 Change Rate +0.040254% Assessed CR Tax Rate +0.010208%
Year 2021 Assessed Value $242,178 Land Value $35,000 Improvement Value $207,178 Tax Amount $2,376.39 Change Rate +0.018472% Assessed CR Tax Rate +0.009813%
Year 2020 Assessed Value $242,178 Land Value $35,000 Improvement Value $207,178 Tax Amount $2,333.29 Change Rate +0.189562% Assessed CR Tax Rate +0.009635%
Year 2019 Assessed Value $167,527 Land Value $26,000 Improvement Value $141,527 Tax Amount $1,961.47 Change Rate +0.060025% Assessed CR Tax Rate +0.011708%
Year 2018 Assessed Value $167,527 Land Value $26,000 Improvement Value $141,527 Tax Amount $1,850.4 Change Rate +0.049706% Assessed CR Tax Rate +0.011045%
Year 2017 Assessed Value $167,527 Land Value $26,000 Improvement Value $141,527 Tax Amount $1,762.78 Change Rate +0.020854% Assessed CR Tax Rate +0.010522%
Year 2016 Assessed Value $167,527 Land Value $26,000 Improvement Value $141,527 Tax Amount $1,726.77 Change Rate -0.102772% Assessed CR Tax Rate +0.010307%
Year 2015 Assessed Value $183,926 Land Value $28,000 Improvement Value $155,926 Tax Amount $1,924.56 Change Rate +0.054103% Assessed CR Tax Rate +0.010464%
Year 2014 Assessed Value $183,926 Land Value $28,000 Improvement Value $155,926 Tax Amount $1,825.78 Change Rate Assessed CR Tax Rate +0.009927%