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502 Cole St; Raleigh, NC Property Details

502 Cole St, Raleigh, NC is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 502 Cole St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,806 square feet. The lot size of 502 Cole St is 7,841 square feet.

Off market
502 Cole St Raleigh, NC 27605
$505,000 Listing Price
3 Beds
2.5 Baths
2,806 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1924
  • Purchase Price: $505,000
  • Open Loans / Balance: 1 / $712,508
  • Est. Equity / %: $480,492 / 40.28%
  • Gross Yield: 5.67%
  • APN: 1704.11-55-3292-000
  • Situs County: Wake
  • Length Of Ownership: 13 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,806/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,806/SqFt
  • Living: 2,806/SqFt
  • Basement: 448/SqFt
  • Building: 2,806/SqFt
  • Price Per Square Foot: $179.97

Legal Description

  • Description: S PT OF L16 BL35 GLENWOOD BM1885-00115
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: 35.797092 / -78.644585
  • Subdivision: Pt Of L16 Bl35 Glen
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1208
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

502 Cole St has 10 associated Taxes items

502 Cole 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 $926,138. The APN we've located for 502 Cole St is 1704.11-55-3292-000.

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Taxes
  • Assessed Value:  $926,138
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.11-55-3292-000
  • Assessed Land Value:  450000
  • Market Land Value:  450000
  • Tax Amount:  8096.85
  • Tax Year:  2025
  • Market Value:  926138
  • Market Year:  2025

Tax History

502 Cole St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $926,138 Land Value $450,000 Improvement Value $476,138 Tax Amount $8,096.85 Change Rate +0.004135% Assessed CR Tax Rate +0.008743%
Year 2024 Assessed Value $926,138 Land Value $450,000 Improvement Value $476,138 Tax Amount $8,063.51 Change Rate +0.120453% Assessed CR Tax Rate +0.008707%
Year 2023 Assessed Value $658,408 Land Value $285,000 Improvement Value $373,408 Tax Amount $7,196.65 Change Rate +0.076315% Assessed CR Tax Rate +0.01093%
Year 2022 Assessed Value $658,408 Land Value $285,000 Improvement Value $373,408 Tax Amount $6,686.38 Change Rate +0.04047% Assessed CR Tax Rate +0.010155%
Year 2021 Assessed Value $658,408 Land Value $285,000 Improvement Value $373,408 Tax Amount $6,426.31 Change Rate +0.018575% Assessed CR Tax Rate +0.00976%
Year 2020 Assessed Value $658,408 Land Value $285,000 Improvement Value $373,408 Tax Amount $6,309.12 Change Rate -0.086098% Assessed CR Tax Rate +0.009582%
Year 2019 Assessed Value $593,969 Land Value $220,000 Improvement Value $373,969 Tax Amount $6,903.5 Change Rate +0.060494% Assessed CR Tax Rate +0.011623%
Year 2018 Assessed Value $593,969 Land Value $220,000 Improvement Value $373,969 Tax Amount $6,509.7 Change Rate +0.050111% Assessed CR Tax Rate +0.01096%
Year 2017 Assessed Value $593,969 Land Value $220,000 Improvement Value $373,969 Tax Amount $6,199.06 Change Rate +0.021035% Assessed CR Tax Rate +0.010437%
Year 2016 Assessed Value $593,969 Land Value $220,000 Improvement Value $373,969 Tax Amount $6,071.35 Change Rate -0.011273% Assessed CR Tax Rate +0.010222%
Year 2015 Assessed Value $591,074 Land Value $222,600 Improvement Value $368,474 Tax Amount $6,140.57 Change Rate +0.054506% Assessed CR Tax Rate +0.010389%
Year 2014 Assessed Value $591,074 Land Value $222,600 Improvement Value $368,474 Tax Amount $5,823.17 Change Rate Assessed CR Tax Rate +0.009852%