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501 Washington St; Raleigh, NC Property Details

501 Washington St, Raleigh, NC is a Public Colleges/university that was built in 1974. This property is currently Financed and is not for sale. Our records show that 501 Washington St has a total of 6,448 square feet. The lot size of 501 Washington St is 65,340 square feet.

Off market
501 Washington St Raleigh, NC 27605
$1,377,603 Estimated Value
6,448 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1974
  • Purchase Price: $550,000
  • Open Loans: 1
  • APN: 1704.15-53-3419-000
  • Situs County: Wake
  • Length Of Ownership: 21 years, 8 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 6,448/SqFt
  • Lot: 65,340/SqFt
  • Gross: 6,448/SqFt
  • Living: 6,448/SqFt
  • Basement: 2,184/SqFt
  • Building: 6,448/SqFt
  • Ground: 6,448/SqFt
  • Price Per Square Foot: $85.30

Legal Description

  • Description: LO1 RCMB 501 WASHINGTON STREET BM2021-00
Building Insights

Land Information

  • Property Type: Public Colleges/University
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.79249 / -78.64494
  • Property Class: Exempt
  • Zoning: NX-3
  • County Use Code: 77

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1525
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

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

Taxes

501 Washington St has 8 associated Taxes items

501 Washington 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 $1,377,603. The APN we've located for 501 Washington St is 1704.15-53-3419-000.

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Taxes
  • Assessed Value:  $1,377,603
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.15-53-3419-000
  • Assessed Land Value:  762269
  • Market Land Value:  762269
  • Market Value:  1377603
  • Market Year:  2025

Tax History

501 Washington St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,377,603 Land Value $762,269 Improvement Value $615,334 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,377,603 Land Value $762,269 Improvement Value $615,334 Tax Amount $11,964.48 Change Rate +0.211017% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $906,394 Land Value $518,802 Improvement Value $387,592 Tax Amount $9,879.7 Change Rate +0.076544% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $906,394 Land Value $518,802 Improvement Value $387,592 Tax Amount $9,177.24 Change Rate +0.040597% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $906,394 Land Value $518,802 Improvement Value $387,592 Tax Amount $8,819.21 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $906,394 Land Value $518,802 Improvement Value $387,592 Tax Amount $8,657.87 Change Rate Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $477,409 Land Value $247,565 Improvement Value $229,844 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $477,409 Land Value $247,565 Improvement Value $229,844 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $477,409 Land Value $247,565 Improvement Value $229,844 Tax Amount $4,966.49 Change Rate +0.021105% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $477,409 Land Value $247,565 Improvement Value $229,844 Tax Amount $4,863.84 Change Rate -0.03405% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $486,267 Land Value $222,498 Improvement Value $263,769 Tax Amount $5,035.29 Change Rate Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $486,267 Land Value $222,498 Improvement Value $263,769 Tax Amount Change Rate Assessed CR Tax Rate