Taxes
- Assessed Value: $335,228
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0784.18-41-3025-000
- Assessed Land Value: 215000
- Market Land Value: 215000
- Tax Amount: 2943.52
- Tax Year: 2025
- Market Value: 335228
- Market Year: 2025
506 Grove Ave; Raleigh, NC Property Details
Off market
506 Grove Ave Raleigh, NC 27606
$335,228 Estimated Value
1.5 Baths
1,062 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1940
- Purchase Price: $225,000
- Open Loans / Balance: 2 / $183,149
- Est. Equity / %: $147,851 / 44.67%
- Gross Yield: 7.001%
- APN: 0784.18-41-3025-000
- Situs County: Wake
- Length Of Ownership: 5 years, 9 months
Rooms
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Building Style: Stone
- Stories: 1
- Exterior Wall Type: Rock, Stone
- Building Condition: Good
- Roof Type: Hip
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,062/SqFt
- Lot: 12,197/SqFt
- Gross: 1,062/SqFt
- Garage: 275/SqFt
- Living: 1,062/SqFt
- Building: 1,062/SqFt
- Ground: 1,062/SqFt
- Price Per Square Foot: $211.86
Legal Description
- Description: LO2 PROP BONNIE C PATTON BM1983-00168
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: 35.785812 / -78.715675
- Subdivision: Bonnie C Patton
- Property Class: Residential
- Zoning: R-6
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 1608
- Cooling: Central
- Garage: Garage
- Heating: Forced air unit
- Parking: 1
Ownership Info
506 Grove Ave has no associated ownership info
506 Grove Ave has no associated ownership info.
Taxes
506 Grove Ave has 10 associated Taxes items
506 Grove Ave, 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 $335,228. The APN we've located for 506 Grove Ave is 0784.18-41-3025-000.
Unlock the full reportTax History
506 Grove Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $335,228 | Land Value $215,000 | Improvement Value $120,228 | Tax Amount $2,943.52 | Change Rate +0.004114% | Assessed CR | Tax Rate +0.008781% |
| Year 2024 | Assessed Value $335,228 | Land Value $215,000 | Improvement Value $120,228 | Tax Amount $2,931.46 | Change Rate +0.668655% | Assessed CR | Tax Rate +0.008745% |
| Year 2023 | Assessed Value $159,338 | Land Value $112,500 | Improvement Value $46,838 | Tax Amount $1,756.78 | Change Rate +0.075602% | Assessed CR | Tax Rate +0.011025% |
| Year 2022 | Assessed Value $159,338 | Land Value $112,500 | Improvement Value $46,838 | Tax Amount $1,633.3 | Change Rate +0.04008% | Assessed CR | Tax Rate +0.010251% |
| Year 2021 | Assessed Value $159,338 | Land Value $112,500 | Improvement Value $46,838 | Tax Amount $1,570.36 | Change Rate +0.018392% | Assessed CR | Tax Rate +0.009856% |
| Year 2020 | Assessed Value $159,338 | Land Value $112,500 | Improvement Value $46,838 | Tax Amount $1,542 | Change Rate +0.167978% | Assessed CR | Tax Rate +0.009678% |
| Year 2019 | Assessed Value $112,195 | Land Value $63,000 | Improvement Value $49,195 | Tax Amount $1,320.23 | Change Rate +0.059711% | Assessed CR | Tax Rate +0.011767% |
| Year 2018 | Assessed Value $112,195 | Land Value $63,000 | Improvement Value $49,195 | Tax Amount $1,245.84 | Change Rate +0.04942% | Assessed CR | Tax Rate +0.011104% |
| Year 2017 | Assessed Value $112,195 | Land Value $63,000 | Improvement Value $49,195 | Tax Amount $1,187.17 | Change Rate +0.020747% | Assessed CR | Tax Rate +0.010581% |
| Year 2016 | Assessed Value $112,195 | Land Value $63,000 | Improvement Value $49,195 | Tax Amount $1,163.04 | Change Rate -0.085423% | Assessed CR | Tax Rate +0.010366% |
| Year 2015 | Assessed Value $120,876 | Land Value $70,000 | Improvement Value $50,876 | Tax Amount $1,271.67 | Change Rate +0.053789% | Assessed CR | Tax Rate +0.01052% |
| Year 2014 | Assessed Value $120,876 | Land Value $70,000 | Improvement Value $50,876 | Tax Amount $1,206.76 | Change Rate | Assessed CR | Tax Rate +0.009983% |