Large Location Icon

502 Shelley Rd; Raleigh, NC Property Details

502 Shelley Rd, Raleigh, NC is a Single Family that was built in 2006. This property is currently Financed and is not for sale. Our records show that 502 Shelley Rd has 3 bedrooms, and 3.5 bathrooms, and a total of 2,821 square feet. The lot size of 502 Shelley Rd is 16,988 square feet.

Off market
502 Shelley Rd Raleigh, NC 27609
$560,000 Listing Price
3 Beds
3.5 Baths
2,821 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2006
  • Purchase Price: $560,000
  • Open Loans / Balance: 2 / $669,238
  • Est. Equity / %: $435,762 / 39.44%
  • Gross Yield: 6.488%
  • APN: 1706.11-55-2079-000
  • Situs County: Wake
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,821/SqFt
  • Lot: 16,988/SqFt
  • Gross: 2,821/SqFt
  • Garage: 200/SqFt
  • Living: 2,821/SqFt
  • Building: 2,821/SqFt
  • Garage Unfinished: 200/SqFt
  • Price Per Square Foot: $198.51

Legal Description

  • Description: LO4 RCMB CHESTNUT HILLS BM2006-01830
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: 35.851673 / -78.64474
  • Subdivision: Rcmb Chestnut Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Plus Four: 5162
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

502 Shelley Rd has no associated ownership info
502 Shelley Rd has no associated ownership info.

Taxes

502 Shelley Rd has 10 associated Taxes items

502 Shelley Rd, 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 $967,559. The APN we've located for 502 Shelley Rd is 1706.11-55-2079-000.

Unlock the full report
Taxes
  • Assessed Value:  $967,559
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.11-55-2079-000
  • Assessed Land Value:  526500
  • Market Land Value:  526500
  • Tax Amount:  8458.08
  • Tax Year:  2025
  • Market Value:  967559
  • Market Year:  2025

Tax History

502 Shelley Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $967,559 Land Value $526,500 Improvement Value $441,059 Tax Amount $8,458.08 Change Rate +0.004135% Assessed CR Tax Rate +0.008742%
Year 2024 Assessed Value $967,559 Land Value $526,500 Improvement Value $441,059 Tax Amount $8,423.25 Change Rate +0.12111% Assessed CR Tax Rate +0.008706%
Year 2023 Assessed Value $687,460 Land Value $319,500 Improvement Value $367,960 Tax Amount $7,513.31 Change Rate +0.076324% Assessed CR Tax Rate +0.010929%
Year 2022 Assessed Value $687,460 Land Value $319,500 Improvement Value $367,960 Tax Amount $6,980.53 Change Rate +0.048931% Assessed CR Tax Rate +0.010154%
Year 2021 Assessed Value $681,901 Land Value $319,500 Improvement Value $362,401 Tax Amount $6,654.9 Change Rate +0.018578% Assessed CR Tax Rate +0.009759%
Year 2020 Assessed Value $681,901 Land Value $319,500 Improvement Value $362,401 Tax Amount $6,533.52 Change Rate -0.018419% Assessed CR Tax Rate +0.009581%
Year 2019 Assessed Value $572,622 Land Value $198,000 Improvement Value $374,622 Tax Amount $6,656.12 Change Rate +0.060488% Assessed CR Tax Rate +0.011624%
Year 2018 Assessed Value $572,622 Land Value $198,000 Improvement Value $374,622 Tax Amount $6,276.47 Change Rate +0.050105% Assessed CR Tax Rate +0.010961%
Year 2017 Assessed Value $572,622 Land Value $198,000 Improvement Value $374,622 Tax Amount $5,976.99 Change Rate +0.02103% Assessed CR Tax Rate +0.010438%
Year 2016 Assessed Value $572,622 Land Value $198,000 Improvement Value $374,622 Tax Amount $5,853.88 Change Rate +0.134669% Assessed CR Tax Rate +0.010223%
Year 2015 Assessed Value $496,293 Land Value $160,000 Improvement Value $336,293 Tax Amount $5,159.11 Change Rate Assessed CR Tax Rate +0.010395%
Year 2014 Assessed Value $496,293 Land Value $160,000 Improvement Value $336,293 Tax Amount Change Rate Assessed CR Tax Rate