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503 Frank St; Raleigh, NC Property Details

503 Frank St, Raleigh, NC is a Single Family that was built in 2018. This property is currently a cash purchase and is not for sale. Our records show that 503 Frank St has 2 bedrooms, and 2.5 bathrooms, and a total of 2,573 square feet. The lot size of 503 Frank St is 6,098 square feet.

Off market
503 Frank St Raleigh, NC 27604
$1,107,814 Estimated Value
2 Beds
2.5 Baths
2,573 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $200,000
  • Est. Equity / %: $1,018,000 / 100%
  • Gross Yield: 9.248%
  • APN: 1714.09-05-4013-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,573/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,573/SqFt
  • Garage: 256/SqFt
  • Living: 2,573/SqFt
  • Building: 2,573/SqFt
  • Garage Unfinished: 256/SqFt
  • Price Per Square Foot: $77.73

Legal Description

  • Description: LO33 SARAH & RALPH FLANARY RCMB BM2018-0
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: 35.796448 / -78.62768
  • Subdivision: Hornaday Faucett & Tucker
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2017
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

503 Frank St has no associated ownership info
503 Frank St has no associated ownership info.

Taxes

503 Frank St has 10 associated Taxes items

503 Frank 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 $1,107,814. The APN we've located for 503 Frank St is 1714.09-05-4013-000.

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Taxes
  • Assessed Value:  $1,107,814
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.09-05-4013-000
  • Assessed Land Value:  410000
  • Market Land Value:  410000
  • Tax Amount:  9681.25
  • Tax Year:  2025
  • Market Value:  1107814
  • Market Year:  2025

Tax History

503 Frank St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,107,814 Land Value $410,000 Improvement Value $697,814 Tax Amount $9,681.25 Change Rate +0.004137% Assessed CR Tax Rate +0.008739%
Year 2024 Assessed Value $1,107,814 Land Value $410,000 Improvement Value $697,814 Tax Amount $9,641.36 Change Rate +0.204673% Assessed CR Tax Rate +0.008703%
Year 2023 Assessed Value $732,413 Land Value $250,000 Improvement Value $482,413 Tax Amount $8,003.3 Change Rate +0.076337% Assessed CR Tax Rate +0.010927%
Year 2022 Assessed Value $732,413 Land Value $250,000 Improvement Value $482,413 Tax Amount $7,435.68 Change Rate +0.040482% Assessed CR Tax Rate +0.010152%
Year 2021 Assessed Value $732,413 Land Value $250,000 Improvement Value $482,413 Tax Amount $7,146.38 Change Rate +0.018582% Assessed CR Tax Rate +0.009757%
Year 2020 Assessed Value $732,413 Land Value $250,000 Improvement Value $482,413 Tax Amount $7,016.01 Change Rate +0.145138% Assessed CR Tax Rate +0.009579%
Year 2019 Assessed Value $526,946 Land Value $124,000 Improvement Value $402,946 Tax Amount $6,126.78 Change Rate +3.522176% Assessed CR Tax Rate +0.011627%
Year 2018 Assessed Value $124,000 Land Value $124,000 Improvement Value Tax Amount $1,354.83 Change Rate -0.488597% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $252,739 Land Value $124,000 Improvement Value $128,739 Tax Amount $2,649.24 Change Rate +0.020937% Assessed CR Tax Rate +0.010482%
Year 2016 Assessed Value $252,739 Land Value $124,000 Improvement Value $128,739 Tax Amount $2,594.91 Change Rate +0.11866% Assessed CR Tax Rate +0.010267%
Year 2015 Assessed Value $222,082 Land Value $112,500 Improvement Value $109,582 Tax Amount $2,319.66 Change Rate Assessed CR Tax Rate +0.010445%
Year 2014 Assessed Value $222,082 Land Value $112,500 Improvement Value $109,582 Tax Amount Change Rate Assessed CR Tax Rate