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4501 Drexel Dr; Raleigh, NC Property Details

4501 Drexel Dr, Raleigh, NC is a Single Family that was built in 2021. This property is not for sale. Our records show that 4501 Drexel Dr has 2.5 bathrooms, and a total of 2,462 square feet. The lot size of 4501 Drexel Dr is 18,295 square feet.

Off market
4501 Drexel Dr Raleigh, NC 27609
$1,035,565 Estimated Value
2.5 Baths
2,462 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $15,500
  • Open Loans / Balance: 1 / $477,623
  • Est. Equity / %: $392,377 / 45.1%
  • Gross Yield: 8.606%
  • APN: 1706.20-71-6998-000
  • Situs County: Wake
  • Length Of Ownership: 41 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,462/SqFt
  • Lot: 18,295/SqFt
  • Gross: 2,462/SqFt
  • Living: 2,462/SqFt
  • Basement: 246/SqFt
  • Building: 2,462/SqFt
  • Ground: 2,462/SqFt
  • Price Per Square Foot: $6.30

Legal Description

  • Description: LO138 LAKEMONT SE2 BM1962-00039
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: 35.843086 / -78.63664
  • Subdivision: Lakemont
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5211
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

4501 Drexel Dr has no associated ownership info
4501 Drexel Dr has no associated ownership info.

Taxes

4501 Drexel Dr has 10 associated Taxes items

4501 Drexel Dr, 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 $1,035,565. The APN we've located for 4501 Drexel Dr is 1706.20-71-6998-000.

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Taxes
  • Assessed Value:  $1,035,565
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.20-71-6998-000
  • Assessed Land Value:  475000
  • Market Land Value:  475000
  • Tax Amount:  9051.17
  • Tax Year:  2025
  • Market Value:  1035565
  • Market Year:  2025

Tax History

4501 Drexel Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,035,565 Land Value $475,000 Improvement Value $560,565 Tax Amount $9,051.17 Change Rate +0.004136% Assessed CR Tax Rate +0.00874%
Year 2024 Assessed Value $1,035,565 Land Value $475,000 Improvement Value $560,565 Tax Amount $9,013.89 Change Rate +0.417501% Assessed CR Tax Rate +0.008704%
Year 2023 Assessed Value $581,560 Land Value $240,000 Improvement Value $341,560 Tax Amount $6,359 Change Rate +0.076284% Assessed CR Tax Rate +0.010934%
Year 2022 Assessed Value $581,560 Land Value $240,000 Improvement Value $341,560 Tax Amount $5,908.29 Change Rate +0.960978% Assessed CR Tax Rate +0.010159%
Year 2021 Assessed Value $307,599 Land Value $240,000 Improvement Value $67,599 Tax Amount $3,012.93 Change Rate +0.018508% Assessed CR Tax Rate +0.009795%
Year 2020 Assessed Value $307,599 Land Value $240,000 Improvement Value $67,599 Tax Amount $2,958.18 Change Rate +0.06999% Assessed CR Tax Rate +0.009617%
Year 2019 Assessed Value $236,835 Land Value $130,000 Improvement Value $106,835 Tax Amount $2,764.68 Change Rate +0.060215% Assessed CR Tax Rate +0.011673%
Year 2018 Assessed Value $236,835 Land Value $130,000 Improvement Value $106,835 Tax Amount $2,607.66 Change Rate +0.049867% Assessed CR Tax Rate +0.01101%
Year 2017 Assessed Value $236,835 Land Value $130,000 Improvement Value $106,835 Tax Amount $2,483.8 Change Rate +0.020934% Assessed CR Tax Rate +0.010487%
Year 2016 Assessed Value $236,835 Land Value $130,000 Improvement Value $106,835 Tax Amount $2,432.87 Change Rate +0.199711% Assessed CR Tax Rate +0.010272%
Year 2015 Assessed Value $193,904 Land Value $120,000 Improvement Value $73,904 Tax Amount $2,027.88 Change Rate +0.054129% Assessed CR Tax Rate +0.010458%
Year 2014 Assessed Value $193,904 Land Value $120,000 Improvement Value $73,904 Tax Amount $1,923.75 Change Rate Assessed CR Tax Rate +0.009921%