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429 Morrison Ave; Raleigh, NC Property Details

429 Morrison Ave, Raleigh, NC is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 429 Morrison Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,259 square feet. The lot size of 429 Morrison Ave is 8,276 square feet.

Off market
429 Morrison Ave Raleigh, NC 27608
$384,000 Listing Price
2 Beds
2 Baths
1,259 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $384,000
  • Open Loans / Balance: 1 / $229,718
  • Est. Equity / %: $457,282 / 66.56%
  • Gross Yield: 7.13%
  • APN: 1704.11-55-9600-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,259/SqFt
  • Lot: 8,276/SqFt
  • Gross: 1,259/SqFt
  • Living: 1,259/SqFt
  • Building: 1,259/SqFt
  • Ground: 1,259/SqFt
  • Price Per Square Foot: $305.00

Legal Description

  • Description: LO5 MORDECAI BROTHERS HEIRS PROPERTY BM1
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: 35.798134 / -78.64285
  • Subdivision: Moredcal Brothers Heirs Prop
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2539
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

429 Morrison Ave has no associated ownership info
429 Morrison Ave has no associated ownership info.

Taxes

429 Morrison Ave has 10 associated Taxes items

429 Morrison Ave, 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 $609,646. The APN we've located for 429 Morrison Ave is 1704.11-55-9600-000.

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Taxes
  • Assessed Value:  $609,646
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.11-55-9600-000
  • Assessed Land Value:  490000
  • Market Land Value:  490000
  • Tax Amount:  5336.72
  • Tax Year:  2025
  • Market Value:  609646
  • Market Year:  2025

Tax History

429 Morrison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $609,646 Land Value $490,000 Improvement Value $119,646 Tax Amount $5,336.72 Change Rate +0.00413% Assessed CR Tax Rate +0.008754%
Year 2024 Assessed Value $609,646 Land Value $490,000 Improvement Value $119,646 Tax Amount $5,314.77 Change Rate -0.003265% Assessed CR Tax Rate +0.008718%
Year 2023 Assessed Value $487,356 Land Value $320,000 Improvement Value $167,356 Tax Amount $5,332.18 Change Rate +0.076234% Assessed CR Tax Rate +0.010941%
Year 2022 Assessed Value $487,356 Land Value $320,000 Improvement Value $167,356 Tax Amount $4,954.48 Change Rate +0.040424% Assessed CR Tax Rate +0.010166%
Year 2021 Assessed Value $487,356 Land Value $320,000 Improvement Value $167,356 Tax Amount $4,761.98 Change Rate +0.018555% Assessed CR Tax Rate +0.009771%
Year 2020 Assessed Value $487,356 Land Value $320,000 Improvement Value $167,356 Tax Amount $4,675.23 Change Rate +0.069881% Assessed CR Tax Rate +0.009593%
Year 2019 Assessed Value $375,344 Land Value $225,000 Improvement Value $150,344 Tax Amount $4,369.86 Change Rate +0.060386% Assessed CR Tax Rate +0.011642%
Year 2018 Assessed Value $375,344 Land Value $225,000 Improvement Value $150,344 Tax Amount $4,121.01 Change Rate +0.050016% Assessed CR Tax Rate +0.010979%
Year 2017 Assessed Value $375,344 Land Value $225,000 Improvement Value $150,344 Tax Amount $3,924.71 Change Rate Assessed CR Tax Rate +0.010456%
Year 2016 Assessed Value $375,344 Land Value $225,000 Improvement Value $150,344 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $278,174 Land Value $172,800 Improvement Value $105,374 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $278,174 Land Value $172,800 Improvement Value $105,374 Tax Amount $2,751.12 Change Rate Assessed CR Tax Rate +0.00989%