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505 Cole St; Raleigh, NC Property Details

505 Cole St, Raleigh, NC is a Single Family that was built in 1925. This property is currently Financed and is not for sale. Our records show that 505 Cole St has 3 bedrooms, and 2 bathrooms, and a total of 2,788 square feet. The lot size of 505 Cole St is 7,405 square feet.

Off market
505 Cole St Raleigh, NC 27605
$950,000 Listing Price
3 Beds
2 Baths
2,788 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $950,000
  • Open Loans / Balance: 1 / $765,000
  • Est. Equity / %: $453,000 / 37.19%
  • Gross Yield: 5.673%
  • APN: 1704.11-55-3064-000
  • Situs County: Wake
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,788/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,788/SqFt
  • Living: 2,788/SqFt
  • Building: 2,788/SqFt
  • Ground: 2,788/SqFt
  • Price Per Square Foot: $340.75

Legal Description

  • Description: LO23 & PT OF ALLEY GLENWOOD BL34 BM1885-
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: 35.796528 / -78.64465
  • Subdivision: & Pt Of Alley Glen
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1207
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

505 Cole St has 10 associated Taxes items

505 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 $945,908. The APN we've located for 505 Cole St is 1704.11-55-3064-000.

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Taxes
  • Assessed Value:  $945,908
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.11-55-3064-000
  • Assessed Land Value:  450000
  • Market Land Value:  450000
  • Tax Amount:  8269.26
  • Tax Year:  2025
  • Market Value:  945908
  • Market Year:  2025

Tax History

505 Cole St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $945,908 Land Value $450,000 Improvement Value $495,908 Tax Amount $8,269.26 Change Rate +0.004135% Assessed CR Tax Rate +0.008742%
Year 2024 Assessed Value $945,908 Land Value $450,000 Improvement Value $495,908 Tax Amount $8,235.21 Change Rate +0.095272% Assessed CR Tax Rate +0.008706%
Year 2023 Assessed Value $687,969 Land Value $285,000 Improvement Value $402,969 Tax Amount $7,518.87 Change Rate +0.076325% Assessed CR Tax Rate +0.010929%
Year 2022 Assessed Value $687,969 Land Value $285,000 Improvement Value $402,969 Tax Amount $6,985.69 Change Rate +0.040477% Assessed CR Tax Rate +0.010154%
Year 2021 Assessed Value $687,969 Land Value $285,000 Improvement Value $402,969 Tax Amount $6,713.93 Change Rate +0.018577% Assessed CR Tax Rate +0.009759%
Year 2020 Assessed Value $687,969 Land Value $285,000 Improvement Value $402,969 Tax Amount $6,591.48 Change Rate +0.044096% Assessed CR Tax Rate +0.009581%
Year 2019 Assessed Value $543,023 Land Value $220,000 Improvement Value $323,023 Tax Amount $6,313.1 Change Rate +0.064535% Assessed CR Tax Rate +0.011626%
Year 2018 Assessed Value $540,946 Land Value $220,000 Improvement Value $320,946 Tax Amount $5,930.38 Change Rate +0.050097% Assessed CR Tax Rate +0.010963%
Year 2017 Assessed Value $540,946 Land Value $220,000 Improvement Value $320,946 Tax Amount $5,647.46 Change Rate +0.021026% Assessed CR Tax Rate +0.01044%
Year 2016 Assessed Value $540,946 Land Value $220,000 Improvement Value $320,946 Tax Amount $5,531.16 Change Rate +0.065658% Assessed CR Tax Rate +0.010225%
Year 2015 Assessed Value $499,311 Land Value $218,400 Improvement Value $280,911 Tax Amount $5,190.37 Change Rate +0.054473% Assessed CR Tax Rate +0.010395%
Year 2014 Assessed Value $499,311 Land Value $218,400 Improvement Value $280,911 Tax Amount $4,922.24 Change Rate Assessed CR Tax Rate +0.009858%