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502 Adams St; Raleigh, NC Property Details

502 Adams 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 502 Adams St has 3 bedrooms, and 3 bathrooms, and a total of 2,401 square feet. The lot size of 502 Adams St is 6,098 square feet.

Off market  •   Pre Probate ✓
502 Adams St Raleigh, NC 27605
$275,000 Listing Price
3 Beds
3 Baths
2,401 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $228,511
  • Est. Equity / %: $747,489 / 76.59%
  • Gross Yield: 5.627%
  • APN: 1704.15-54-4190-000
  • Situs County: Wake
  • Length Of Ownership: 21 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,401/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,401/SqFt
  • Living: 2,401/SqFt
  • Building: 2,401/SqFt
  • Ground: 2,401/SqFt
  • Price Per Square Foot: $114.54

Legal Description

  • Description: 502 ADAMS STREET
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: 35.794033 / -78.64423
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1202
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

502 Adams St has no associated ownership info
502 Adams St has no associated ownership info.

Taxes

502 Adams St has 10 associated Taxes items

502 Adams 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 $768,811. The APN we've located for 502 Adams St is 1704.15-54-4190-000.

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Taxes
  • Assessed Value:  $768,811
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.15-54-4190-000
  • Assessed Land Value:  450000
  • Market Land Value:  450000
  • Tax Amount:  6724.8
  • Tax Year:  2025
  • Market Value:  768811
  • Market Year:  2025

Tax History

502 Adams St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $768,811 Land Value $450,000 Improvement Value $318,811 Tax Amount $6,724.8 Change Rate +0.004133% Assessed CR Tax Rate +0.008747%
Year 2024 Assessed Value $768,811 Land Value $450,000 Improvement Value $318,811 Tax Amount $6,697.12 Change Rate +0.050855% Assessed CR Tax Rate +0.008711%
Year 2023 Assessed Value $582,846 Land Value $285,000 Improvement Value $297,846 Tax Amount $6,373.02 Change Rate +0.076285% Assessed CR Tax Rate +0.010934%
Year 2022 Assessed Value $582,846 Land Value $285,000 Improvement Value $297,846 Tax Amount $5,921.31 Change Rate +0.040451% Assessed CR Tax Rate +0.010159%
Year 2021 Assessed Value $582,846 Land Value $285,000 Improvement Value $297,846 Tax Amount $5,691.1 Change Rate +0.018569% Assessed CR Tax Rate +0.009764%
Year 2020 Assessed Value $582,846 Land Value $285,000 Improvement Value $297,846 Tax Amount $5,587.35 Change Rate -0.034501% Assessed CR Tax Rate +0.009586%
Year 2019 Assessed Value $497,628 Land Value $220,000 Improvement Value $277,628 Tax Amount $5,787.01 Change Rate +0.060457% Assessed CR Tax Rate +0.011629%
Year 2018 Assessed Value $465,622 Land Value $220,000 Improvement Value $245,622 Tax Amount $5,457.09 Change Rate +0.121965% Assessed CR Tax Rate +0.01172%
Year 2017 Assessed Value $465,622 Land Value $220,000 Improvement Value $245,622 Tax Amount $4,863.87 Change Rate +0.021015% Assessed CR Tax Rate +0.010446%
Year 2016 Assessed Value $465,622 Land Value $220,000 Improvement Value $245,622 Tax Amount $4,763.76 Change Rate +0.169997% Assessed CR Tax Rate +0.010231%
Year 2015 Assessed Value $391,270 Land Value $205,800 Improvement Value $185,470 Tax Amount $4,071.6 Change Rate +0.054412% Assessed CR Tax Rate +0.010406%
Year 2014 Assessed Value $391,270 Land Value $205,800 Improvement Value $185,470 Tax Amount $3,861.49 Change Rate Assessed CR Tax Rate +0.009869%