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500 Frank St; Raleigh, NC Property Details

500 Frank St, Raleigh, NC is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 500 Frank St has 3 bedrooms, and 2 bathrooms, and a total of 1,456 square feet. The lot size of 500 Frank St is 6,534 square feet.

Off market
500 Frank St Raleigh, NC 27604
$395,590 Listing Price
3 Beds
2 Baths
1,456 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $396,000
  • Open Loans / Balance: 1 / $292,366
  • Est. Equity / %: $342,634 / 53.96%
  • Gross Yield: 7.366%
  • APN: 1714.13-04-3846-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Fair
  • Roof Type: Hip
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 1,456/SqFt
  • Lot: 6,534/SqFt
  • Gross: 1,456/SqFt
  • Living: 1,456/SqFt
  • Building: 1,456/SqFt
  • Ground: 1,456/SqFt
  • Price Per Square Foot: $271.98

Legal Description

  • Description: LO43 JOHN & SONDRA JOHNSTONE BM2002-0081
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: 35.796043 / -78.62789
  • Subdivision: Hornaday & Faucette Inc Prop
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2018
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

500 Frank St has no associated ownership info
500 Frank St has no associated ownership info.

Taxes

500 Frank St has 10 associated Taxes items

500 Frank St, 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 $550,471. The APN we've located for 500 Frank St is 1714.13-04-3846-000.

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Taxes
  • Assessed Value:  $550,471
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.13-04-3846-000
  • Assessed Land Value:  389500
  • Market Land Value:  389500
  • Tax Amount:  4820.66
  • Tax Year:  2025
  • Market Value:  550471
  • Market Year:  2025

Tax History

500 Frank St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $550,471 Land Value $389,500 Improvement Value $160,971 Tax Amount $4,820.66 Change Rate +0.004128% Assessed CR Tax Rate +0.008757%
Year 2024 Assessed Value $550,471 Land Value $389,500 Improvement Value $160,971 Tax Amount $4,800.84 Change Rate +0.046546% Assessed CR Tax Rate +0.008721%
Year 2023 Assessed Value $419,020 Land Value $250,000 Improvement Value $169,020 Tax Amount $4,587.32 Change Rate +0.076184% Assessed CR Tax Rate +0.010948%
Year 2022 Assessed Value $419,020 Land Value $250,000 Improvement Value $169,020 Tax Amount $4,262.58 Change Rate +0.0404% Assessed CR Tax Rate +0.010173%
Year 2021 Assessed Value $419,020 Land Value $250,000 Improvement Value $169,020 Tax Amount $4,097.06 Change Rate +0.018541% Assessed CR Tax Rate +0.009778%
Year 2020 Assessed Value $419,020 Land Value $250,000 Improvement Value $169,020 Tax Amount $4,022.48 Change Rate +0.179143% Assessed CR Tax Rate +0.0096%
Year 2019 Assessed Value $292,636 Land Value $124,000 Improvement Value $168,636 Tax Amount $3,411.36 Change Rate +0.060304% Assessed CR Tax Rate +0.011657%
Year 2018 Assessed Value $292,636 Land Value $124,000 Improvement Value $168,636 Tax Amount $3,217.34 Change Rate +0.049946% Assessed CR Tax Rate +0.010994%
Year 2017 Assessed Value $292,636 Land Value $124,000 Improvement Value $168,636 Tax Amount $3,064.29 Change Rate +0.02096% Assessed CR Tax Rate +0.010471%
Year 2016 Assessed Value $292,636 Land Value $124,000 Improvement Value $168,636 Tax Amount $3,001.38 Change Rate +0.109879% Assessed CR Tax Rate +0.010256%
Year 2015 Assessed Value $259,222 Land Value $112,500 Improvement Value $146,722 Tax Amount $2,704.24 Change Rate +0.054268% Assessed CR Tax Rate +0.010432%
Year 2014 Assessed Value $259,222 Land Value $112,500 Improvement Value $146,722 Tax Amount $2,565.04 Change Rate Assessed CR Tax Rate +0.009895%