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501 Polk St; Raleigh, NC Property Details

501 Polk St, Raleigh, NC is a Single Family that was built in 1906. This property is not for sale. Our records show that 501 Polk St has 3.5 bathrooms, and a total of 2,777 square feet. The lot size of 501 Polk St is 3,920 square feet.

Off market
501 Polk St Raleigh, NC 27604
$1,071,998 Estimated Value
3.5 Baths
2,777 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1906
  • Purchase Price: $39,000
  • Est. Equity / %: $1,082,000 / 100%
  • Gross Yield: 7.03%
  • APN: 1704.20-91-2225-000
  • Situs County: Wake
  • Length Of Ownership: 52 years, 7 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good
  • Building Quality: A
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,777/SqFt
  • Lot: 3,920/SqFt
  • Gross: 2,777/SqFt
  • Living: 2,777/SqFt
  • Building: 2,777/SqFt
  • Price Per Square Foot: $14.04

Legal Description

  • Description: LO1 HEILIG PROPERTY BM1920-00033
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: 35.786137 / -78.63171
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1959
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

501 Polk St has no associated ownership info
501 Polk St has no associated ownership info.

Taxes

501 Polk St has 10 associated Taxes items

501 Polk 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 $1,071,998. The APN we've located for 501 Polk St is 1704.20-91-2225-000.

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Taxes
  • Assessed Value:  $1,071,998
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-91-2225-000
  • Assessed Land Value:  541500
  • Market Land Value:  541500
  • Tax Amount:  9368.89
  • Tax Year:  2025
  • Market Value:  1071998
  • Market Year:  2025

Tax History

501 Polk St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,071,998 Land Value $541,500 Improvement Value $530,498 Tax Amount $9,368.89 Change Rate +0.004136% Assessed CR Tax Rate +0.00874%
Year 2024 Assessed Value $1,071,998 Land Value $541,500 Improvement Value $530,498 Tax Amount $9,330.3 Change Rate +0.493321% Assessed CR Tax Rate +0.008704%
Year 2023 Assessed Value $571,378 Land Value $270,000 Improvement Value $301,378 Tax Amount $6,248.02 Change Rate +0.076278% Assessed CR Tax Rate +0.010935%
Year 2022 Assessed Value $571,378 Land Value $270,000 Improvement Value $301,378 Tax Amount $5,805.21 Change Rate +0.040452% Assessed CR Tax Rate +0.01016%
Year 2021 Assessed Value $571,378 Land Value $270,000 Improvement Value $301,378 Tax Amount $5,579.51 Change Rate +0.018568% Assessed CR Tax Rate +0.009765%
Year 2020 Assessed Value $571,378 Land Value $270,000 Improvement Value $301,378 Tax Amount $5,477.8 Change Rate -0.12518% Assessed CR Tax Rate +0.009587%
Year 2019 Assessed Value $538,582 Land Value $189,000 Improvement Value $349,582 Tax Amount $6,261.63 Change Rate +0.060475% Assessed CR Tax Rate +0.011626%
Year 2018 Assessed Value $538,582 Land Value $189,000 Improvement Value $349,582 Tax Amount $5,904.55 Change Rate +0.050095% Assessed CR Tax Rate +0.010963%
Year 2017 Assessed Value $538,582 Land Value $189,000 Improvement Value $349,582 Tax Amount $5,622.87 Change Rate +0.021028% Assessed CR Tax Rate +0.01044%
Year 2016 Assessed Value $538,582 Land Value $189,000 Improvement Value $349,582 Tax Amount $5,507.07 Change Rate -0.006659% Assessed CR Tax Rate +0.010225%
Year 2015 Assessed Value $533,461 Land Value $217,800 Improvement Value $315,661 Tax Amount $5,543.99 Change Rate +0.054488% Assessed CR Tax Rate +0.010392%
Year 2014 Assessed Value $533,461 Land Value $217,800 Improvement Value $315,661 Tax Amount $5,257.52 Change Rate Assessed CR Tax Rate +0.009855%