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500 Old Farm Rd; Raleigh, NC Property Details

500 Old Farm Rd, Raleigh, NC is a Single Family that was built in 1968. This property is currently Financed and is not for sale. Our records show that 500 Old Farm Rd has 3 bedrooms, and 2.5 bathrooms, and a total of 1,566 square feet. The lot size of 500 Old Farm Rd is 12,632 square feet.

Off market
500 Old Farm Rd Raleigh, NC 27606
$179,000 Listing Price
3 Beds
2.5 Baths
1,566 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1968
  • Purchase Price: $176,000
  • Open Loans / Balance: 1 / $110,359
  • Est. Equity / %: $287,641 / 72.27%
  • Gross Yield: 6.874%
  • APN: 0773.08-87-3601-000
  • Situs County: Wake
  • Length Of Ownership: 17 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,566/SqFt
  • Lot: 12,632/SqFt
  • Gross: 1,566/SqFt
  • Living: 1,566/SqFt
  • Basement: 500/SqFt
  • Building: 1,566/SqFt
  • Ground: 1,566/SqFt
  • Price Per Square Foot: $112.39

Legal Description

  • Description: LO17 OLD FARM SUB SE1 BM1966-00197
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: 35.77639 / -78.73602
  • Subdivision: Old Farm Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2244
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

500 Old Farm Rd has no associated ownership info
500 Old Farm Rd has no associated ownership info.

Taxes

500 Old Farm Rd has 10 associated Taxes items

500 Old Farm 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 $349,696. The APN we've located for 500 Old Farm Rd is 0773.08-87-3601-000.

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Taxes
  • Assessed Value:  $349,696
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0773.08-87-3601-000
  • Assessed Land Value:  155000
  • Market Land Value:  155000
  • Tax Amount:  3069.7
  • Tax Year:  2025
  • Market Value:  349696
  • Market Year:  2025

Tax History

500 Old Farm Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $349,696 Land Value $155,000 Improvement Value $194,696 Tax Amount $3,069.7 Change Rate +0.004118% Assessed CR Tax Rate +0.008778%
Year 2024 Assessed Value $349,696 Land Value $155,000 Improvement Value $194,696 Tax Amount $3,057.11 Change Rate +0.210948% Assessed CR Tax Rate +0.008742%
Year 2023 Assessed Value $229,776 Land Value $85,000 Improvement Value $144,776 Tax Amount $2,524.56 Change Rate +0.075892% Assessed CR Tax Rate +0.010987%
Year 2022 Assessed Value $229,776 Land Value $85,000 Improvement Value $144,776 Tax Amount $2,346.48 Change Rate +0.040235% Assessed CR Tax Rate +0.010212%
Year 2021 Assessed Value $229,776 Land Value $85,000 Improvement Value $144,776 Tax Amount $2,255.72 Change Rate +0.018467% Assessed CR Tax Rate +0.009817%
Year 2020 Assessed Value $229,776 Land Value $85,000 Improvement Value $144,776 Tax Amount $2,214.82 Change Rate +0.00648% Assessed CR Tax Rate +0.009639%
Year 2019 Assessed Value $188,158 Land Value $80,000 Improvement Value $108,158 Tax Amount $2,200.56 Change Rate +0.060092% Assessed CR Tax Rate +0.011695%
Year 2018 Assessed Value $188,158 Land Value $80,000 Improvement Value $108,158 Tax Amount $2,075.82 Change Rate +0.049767% Assessed CR Tax Rate +0.011032%
Year 2017 Assessed Value $188,158 Land Value $80,000 Improvement Value $108,158 Tax Amount $1,977.41 Change Rate +0.020889% Assessed CR Tax Rate +0.010509%
Year 2016 Assessed Value $188,158 Land Value $80,000 Improvement Value $108,158 Tax Amount $1,936.95 Change Rate +0.045412% Assessed CR Tax Rate +0.010294%
Year 2015 Assessed Value $176,997 Land Value $72,000 Improvement Value $104,997 Tax Amount $1,852.81 Change Rate +0.054081% Assessed CR Tax Rate +0.010468%
Year 2014 Assessed Value $176,997 Land Value $72,000 Improvement Value $104,997 Tax Amount $1,757.75 Change Rate Assessed CR Tax Rate +0.009931%