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4508 Drexel Dr; Raleigh, NC Property Details

4508 Drexel Dr, Raleigh, NC is a Single Family that was built in 1962. This property is currently a cash purchase and is not for sale. Our records show that 4508 Drexel Dr has 2 bathrooms, and a total of 1,385 square feet. The lot size of 4508 Drexel Dr is 13,504 square feet.

Off market
4508 Drexel Dr Raleigh, NC 27609
$474,921 Estimated Value
2 Baths
1,385 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $72,500
  • Est. Equity / %: $615,000 / 100%
  • Gross Yield: 5.635%
  • APN: 1706.20-72-7292-000
  • Situs County: Wake
  • Length Of Ownership: 24 years, 3 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,385/SqFt
  • Lot: 13,504/SqFt
  • Gross: 1,385/SqFt
  • Living: 1,385/SqFt
  • Building: 1,385/SqFt
  • Ground: 1,385/SqFt
  • Price Per Square Foot: $52.35

Legal Description

  • Description: LO101 LAKEMONT REV SE2
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: 35.843773 / -78.636284
  • Subdivision: Lakemont
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5212
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

4508 Drexel Dr has no associated ownership info
4508 Drexel Dr has no associated ownership info.

Taxes

4508 Drexel Dr has 8 associated Taxes items

4508 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 $474,921. The APN we've located for 4508 Drexel Dr is 1706.20-72-7292-000.

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Taxes
  • Assessed Value:  $474,921
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.20-72-7292-000
  • Assessed Land Value:  451250
  • Market Land Value:  451250
  • Market Value:  474921
  • Market Year:  2025

Tax History

4508 Drexel Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $474,921 Land Value $451,250 Improvement Value $23,671 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $474,921 Land Value $451,250 Improvement Value $23,671 Tax Amount $4,144.69 Change Rate +0.108923% Assessed CR Tax Rate +0.008727%
Year 2023 Assessed Value $341,062 Land Value $240,000 Improvement Value $101,062 Tax Amount $3,737.58 Change Rate +0.076105% Assessed CR Tax Rate +0.010959%
Year 2022 Assessed Value $341,062 Land Value $240,000 Improvement Value $101,062 Tax Amount $3,473.25 Change Rate +0.040353% Assessed CR Tax Rate +0.010184%
Year 2021 Assessed Value $341,062 Land Value $240,000 Improvement Value $101,062 Tax Amount $3,338.53 Change Rate +0.018521% Assessed CR Tax Rate +0.009789%
Year 2020 Assessed Value $341,062 Land Value $240,000 Improvement Value $101,062 Tax Amount $3,277.82 Change Rate Assessed CR Tax Rate +0.009611%
Year 2019 Assessed Value $230,702 Land Value $130,000 Improvement Value $100,702 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $230,702 Land Value $130,000 Improvement Value $100,702 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $230,702 Land Value $130,000 Improvement Value $100,702 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $230,702 Land Value $130,000 Improvement Value $100,702 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $193,538 Land Value $120,000 Improvement Value $73,538 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $193,538 Land Value $120,000 Improvement Value $73,538 Tax Amount Change Rate Assessed CR Tax Rate