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502 Polk St; Raleigh, NC Property Details

502 Polk St, Raleigh, NC is a Single Family that was built in 1890. This property is currently Financed and is not for sale. Our records show that 502 Polk St has 3 bedrooms, and 2 bathrooms, and a total of 2,235 square feet. The lot size of 502 Polk St is 5,227 square feet.

Off market
502 Polk St Raleigh, NC 27604
$345,000 Listing Price
3 Beds
2 Baths
2,235 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1890
  • Purchase Price: $735,000
  • Open Loans / Balance: 2 / $589,924
  • Est. Equity / %: $395,076 / 40.11%
  • Gross Yield: 7.178%
  • APN: 1704.20-91-2150-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,235/SqFt
  • Lot: 5,227/SqFt
  • Gross: 2,235/SqFt
  • Living: 2,235/SqFt
  • Building: 2,235/SqFt
  • Ground: 2,235/SqFt
  • Price Per Square Foot: $328.86

Legal Description

  • Description: LO102
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: 35.785748 / -78.6316
  • Subdivision: William Samuel Tarlton
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1960
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

502 Polk St has 10 associated Taxes items

502 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 $955,640. The APN we've located for 502 Polk St is 1704.20-91-2150-000.

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Taxes
  • Assessed Value:  $955,640
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-91-2150-000
  • Assessed Land Value:  570000
  • Market Land Value:  570000
  • Tax Amount:  8354.13
  • Tax Year:  2025
  • Market Value:  955640
  • Market Year:  2025

Tax History

502 Polk St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $955,640 Land Value $570,000 Improvement Value $385,640 Tax Amount $8,354.13 Change Rate +0.016994% Assessed CR Tax Rate +0.008742%
Year 2024 Assessed Value $943,526 Land Value $570,000 Improvement Value $373,526 Tax Amount $8,214.53 Change Rate +0.337464% Assessed CR Tax Rate +0.008706%
Year 2023 Assessed Value $561,639 Land Value $300,000 Improvement Value $261,639 Tax Amount $6,141.87 Change Rate +0.076277% Assessed CR Tax Rate +0.010936%
Year 2022 Assessed Value $561,639 Land Value $300,000 Improvement Value $261,639 Tax Amount $5,706.59 Change Rate +0.040449% Assessed CR Tax Rate +0.010161%
Year 2021 Assessed Value $561,639 Land Value $300,000 Improvement Value $261,639 Tax Amount $5,484.74 Change Rate +0.018565% Assessed CR Tax Rate +0.009766%
Year 2020 Assessed Value $561,639 Land Value $300,000 Improvement Value $261,639 Tax Amount $5,384.77 Change Rate Assessed CR Tax Rate +0.009588%
Year 2019 Assessed Value $480,350 Land Value $210,000 Improvement Value $270,350 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $480,350 Land Value $210,000 Improvement Value $270,350 Tax Amount $5,268.3 Change Rate +0.050073% Assessed CR Tax Rate +0.010968%
Year 2017 Assessed Value $480,350 Land Value $210,000 Improvement Value $270,350 Tax Amount $5,017.08 Change Rate +0.021018% Assessed CR Tax Rate +0.010445%
Year 2016 Assessed Value $480,350 Land Value $210,000 Improvement Value $270,350 Tax Amount $4,913.8 Change Rate +0.061174% Assessed CR Tax Rate +0.01023%
Year 2015 Assessed Value $445,247 Land Value $211,500 Improvement Value $233,747 Tax Amount $4,630.53 Change Rate +0.054445% Assessed CR Tax Rate +0.0104%
Year 2014 Assessed Value $445,247 Land Value $211,500 Improvement Value $233,747 Tax Amount $4,391.44 Change Rate Assessed CR Tax Rate +0.009863%