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481 Shelley Rd; Raleigh, NC Property Details

481 Shelley Rd, Raleigh, NC is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 481 Shelley Rd has 3 bedrooms, and 1 bathroom, and a total of 1,220 square feet. The lot size of 481 Shelley Rd is 20,038 square feet.

For Rent
481 Shelley Rd Raleigh, NC 27609
$895 Listing Price
3 Beds
1 Baths
1,220 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $138,000
  • Open Loans: 1
  • Gross Yield: 5.762%
  • APN: 1706.15-54-4828-000
  • Situs County: Wake
  • Length Of Ownership: 24 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,220/SqFt
  • Lot: 20,038/SqFt
  • Gross: 1,220/SqFt
  • Living: 1,220/SqFt
  • Building: 1,220/SqFt
  • Ground: 1,220/SqFt
  • Price Per Square Foot: $113.11

Legal Description

  • Description: LO8 CHESTNUT HILLS BLG
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: 35.851093 / -78.64422
  • Subdivision: Chestnut Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5159
  • Cooling: None
  • Garage: Carport
  • Heating: Forced air unit

HOA

  • H O A One Type: Home Owner Association

Ownership Info

481 Shelley Rd has no associated ownership info
481 Shelley Rd has no associated ownership info.

Taxes

481 Shelley Rd has 10 associated Taxes items

481 Shelley Rd, 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 $600,774. The APN we've located for 481 Shelley Rd is 1706.15-54-4828-000.

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Taxes
  • Assessed Value:  $600,774
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.15-54-4828-000
  • Assessed Land Value:  585000
  • Market Land Value:  585000
  • Tax Amount:  5259.35
  • Tax Year:  2025
  • Market Value:  600774
  • Market Year:  2025

Tax History

481 Shelley Rd has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $600,774 Land Value $585,000 Improvement Value $15,774 Tax Amount $5,259.35 Change Rate +0.00413% Assessed CR Tax Rate +0.008754%
Year 2024 Assessed Value $600,774 Land Value $585,000 Improvement Value $15,774 Tax Amount $5,237.72 Change Rate +0.283532% Assessed CR Tax Rate +0.008718%
Year 2023 Assessed Value $372,542 Land Value $319,500 Improvement Value $53,042 Tax Amount $4,080.71 Change Rate +0.076139% Assessed CR Tax Rate +0.010954%
Year 2022 Assessed Value $372,542 Land Value $319,500 Improvement Value $53,042 Tax Amount $3,791.99 Change Rate +0.040375% Assessed CR Tax Rate +0.010179%
Year 2021 Assessed Value $372,542 Land Value $319,500 Improvement Value $53,042 Tax Amount $3,644.83 Change Rate +0.01853% Assessed CR Tax Rate +0.009784%
Year 2020 Assessed Value $372,542 Land Value $319,500 Improvement Value $53,042 Tax Amount $3,578.52 Change Rate +0.217726% Assessed CR Tax Rate +0.009606%
Year 2019 Assessed Value $251,850 Land Value $211,500 Improvement Value $40,350 Tax Amount $2,938.69 Change Rate +0.060241% Assessed CR Tax Rate +0.011668%
Year 2018 Assessed Value $251,850 Land Value $211,500 Improvement Value $40,350 Tax Amount $2,771.72 Change Rate +0.049894% Assessed CR Tax Rate +0.011005%
Year 2017 Assessed Value $251,850 Land Value $211,500 Improvement Value $40,350 Tax Amount $2,640 Change Rate +0.020941% Assessed CR Tax Rate +0.010482%
Year 2016 Assessed Value $251,850 Land Value $211,500 Improvement Value $40,350 Tax Amount $2,585.85 Change Rate +0.085137% Assessed CR Tax Rate +0.010267%
Year 2015 Assessed Value $228,196 Land Value $160,000 Improvement Value $68,196 Tax Amount $2,382.97 Change Rate +0.054211% Assessed CR Tax Rate +0.010443%
Year 2014 Assessed Value $228,196 Land Value $160,000 Improvement Value $68,196 Tax Amount $2,260.43 Change Rate Assessed CR Tax Rate +0.009906%
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