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503 Polk St; Raleigh, NC Property Details

503 Polk St, Raleigh, NC is a Single Family that was built in 1903. This property is currently a cash purchase and is not for sale. Our records show that 503 Polk St has 2.5 bathrooms, and a total of 1,651 square feet. The lot size of 503 Polk St is 4,792 square feet.

Off market
503 Polk St Raleigh, NC 27604
$765,859 Estimated Value
2.5 Baths
1,651 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1903
  • Est. Equity / %: $838,000 / 100%
  • Gross Yield: 6.992%
  • APN: 1704.20-91-2286-000
  • Situs County: Wake
  • Length Of Ownership: 28 years, 8 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,651/SqFt
  • Lot: 4,792/SqFt
  • Gross: 1,651/SqFt
  • Living: 1,651/SqFt
  • Building: 1,651/SqFt
  • Ground: 1,651/SqFt

Legal Description

  • Description: LO3 E HEILIG PROP BM1920-00033
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: 35.786198 / -78.63151
  • Subdivision: Mary E Heilig Property
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1959
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

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

Taxes

503 Polk St has 8 associated Taxes items

503 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 $765,859. The APN we've located for 503 Polk St is 1704.20-91-2286-000.

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Taxes
  • Assessed Value:  $765,859
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-91-2286-000
  • Assessed Land Value:  570000
  • Market Land Value:  570000
  • Market Value:  765859
  • Market Year:  2025

Tax History

503 Polk St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $765,859 Land Value $570,000 Improvement Value $195,859 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $765,859 Land Value $570,000 Improvement Value $195,859 Tax Amount $6,671.49 Change Rate +0.239683% Assessed CR Tax Rate +0.008711%
Year 2023 Assessed Value $491,891 Land Value $270,000 Improvement Value $221,891 Tax Amount $5,381.61 Change Rate +0.076238% Assessed CR Tax Rate +0.010941%
Year 2022 Assessed Value $491,891 Land Value $270,000 Improvement Value $221,891 Tax Amount $5,000.39 Change Rate +0.040426% Assessed CR Tax Rate +0.010166%
Year 2021 Assessed Value $491,891 Land Value $270,000 Improvement Value $221,891 Tax Amount $4,806.1 Change Rate +0.018554% Assessed CR Tax Rate +0.009771%
Year 2020 Assessed Value $491,891 Land Value $270,000 Improvement Value $221,891 Tax Amount $4,718.55 Change Rate Assessed CR Tax Rate +0.009593%
Year 2019 Assessed Value $368,505 Land Value $189,000 Improvement Value $179,505 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $368,505 Land Value $189,000 Improvement Value $179,505 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $368,505 Land Value $189,000 Improvement Value $179,505 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $368,505 Land Value $189,000 Improvement Value $179,505 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $370,430 Land Value $207,000 Improvement Value $163,430 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $370,430 Land Value $207,000 Improvement Value $163,430 Tax Amount Change Rate Assessed CR Tax Rate