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505 Ellis Ct; Raleigh, NC Property Details

505 Ellis Ct, Raleigh, NC is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 505 Ellis Ct has 3 bedrooms, and 1 bathroom, and a total of 1,096 square feet. The lot size of 505 Ellis Ct is 6,098 square feet.

For Rent
505 Ellis Ct Raleigh, NC 27603
$895 Listing Price
3 Beds
1 Baths
1,096 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $79,500
  • Est. Equity / %: $415,000 / 100%
  • Gross Yield: 6.289%
  • APN: 1703.14-32-0870-000
  • Situs County: Wake
  • Length Of Ownership: 16 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,096/SqFt
  • Lot: 6,098/SqFt
  • Gross: 1,096/SqFt
  • Living: 1,096/SqFt
  • Building: 1,096/SqFt
  • Ground: 1,096/SqFt
  • Price Per Square Foot: $72.54

Legal Description

  • Description: LO23 WHEELER CROSSING BM1987-00420
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: 35.762993 / -78.652565
  • Subdivision: Wheeler Crossing
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2272
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

505 Ellis Ct has no associated ownership info
505 Ellis Ct has no associated ownership info.

Taxes

505 Ellis Ct has 10 associated Taxes items

505 Ellis Ct, 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 $382,817. The APN we've located for 505 Ellis Ct is 1703.14-32-0870-000.

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Taxes
  • Assessed Value:  $382,817
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.14-32-0870-000
  • Assessed Land Value:  215000
  • Market Land Value:  215000
  • Tax Amount:  3358.55
  • Tax Year:  2025
  • Market Value:  382817
  • Market Year:  2025

Tax History

505 Ellis Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $382,817 Land Value $215,000 Improvement Value $167,817 Tax Amount $3,358.55 Change Rate +0.00412% Assessed CR Tax Rate +0.008773%
Year 2024 Assessed Value $382,817 Land Value $215,000 Improvement Value $167,817 Tax Amount $3,344.77 Change Rate +0.554702% Assessed CR Tax Rate +0.008737%
Year 2023 Assessed Value $195,541 Land Value $80,000 Improvement Value $115,541 Tax Amount $2,151.39 Change Rate +0.07577% Assessed CR Tax Rate +0.011002%
Year 2022 Assessed Value $195,541 Land Value $80,000 Improvement Value $115,541 Tax Amount $1,999.86 Change Rate +0.040174% Assessed CR Tax Rate +0.010227%
Year 2021 Assessed Value $195,541 Land Value $80,000 Improvement Value $115,541 Tax Amount $1,922.62 Change Rate +0.018439% Assessed CR Tax Rate +0.009832%
Year 2020 Assessed Value $195,541 Land Value $80,000 Improvement Value $115,541 Tax Amount $1,887.81 Change Rate +0.560896% Assessed CR Tax Rate +0.009654%
Year 2019 Assessed Value $102,635 Land Value $24,000 Improvement Value $78,635 Tax Amount $1,209.44 Change Rate +0.05962% Assessed CR Tax Rate +0.011784%
Year 2018 Assessed Value $102,635 Land Value $24,000 Improvement Value $78,635 Tax Amount $1,141.39 Change Rate +0.049342% Assessed CR Tax Rate +0.011121%
Year 2017 Assessed Value $102,635 Land Value $24,000 Improvement Value $78,635 Tax Amount $1,087.72 Change Rate +0.02072% Assessed CR Tax Rate +0.010598%
Year 2016 Assessed Value $102,635 Land Value $24,000 Improvement Value $78,635 Tax Amount $1,065.64 Change Rate +0.063428% Assessed CR Tax Rate +0.010383%
Year 2015 Assessed Value $94,841 Land Value $24,000 Improvement Value $70,841 Tax Amount $1,002.08 Change Rate +0.053546% Assessed CR Tax Rate +0.010566%
Year 2014 Assessed Value $94,841 Land Value $24,000 Improvement Value $70,841 Tax Amount $951.15 Change Rate Assessed CR Tax Rate +0.010029%