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507 Cape Ave; Raleigh, NC Property Details

507 Cape Ave, Raleigh, NC is a Single Family that was built in 1932. This property is not for sale. Our records show that 507 Cape Ave has 1 bathroom, and a total of 894 square feet. The lot size of 507 Cape Ave is 3,049 square feet.

Off market
507 Cape Ave Raleigh, NC 27601
$304,961 Estimated Value
1 Baths
894 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1932
  • Est. Equity / %: $402,000 / 100%
  • Gross Yield: 4.848%
  • APN: 1703.52-95-0343-000
  • Situs County: Wake

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Fair
  • Building Quality: D
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 894/SqFt
  • Lot: 3,049/SqFt
  • Gross: 894/SqFt
  • Living: 894/SqFt
  • Building: 894/SqFt
  • Ground: 894/SqFt

Legal Description

  • Description: LO45 EASTERN HALF J W B WATSON LAND BM18
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: 35.769886 / -78.63241
  • Subdivision: Shaffers Map 03
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2414
  • Cooling: None
  • Heating: Forced air unit

Ownership Info

507 Cape Ave has no associated ownership info
507 Cape Ave has no associated ownership info.

Taxes

507 Cape Ave has 10 associated Taxes items

507 Cape 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 $304,961. The APN we've located for 507 Cape Ave is 1703.52-95-0343-000.

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Taxes
  • Assessed Value:  $304,961
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.52-95-0343-000
  • Assessed Land Value:  290000
  • Market Land Value:  290000
  • Tax Amount:  2679.56
  • Tax Year:  2025
  • Market Value:  304961
  • Market Year:  2025

Tax History

507 Cape Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $304,961 Land Value $290,000 Improvement Value $14,961 Tax Amount $2,679.56 Change Rate +0.004115% Assessed CR Tax Rate +0.008787%
Year 2024 Assessed Value $304,961 Land Value $290,000 Improvement Value $14,961 Tax Amount $2,668.58 Change Rate +0.487826% Assessed CR Tax Rate +0.008751%
Year 2023 Assessed Value $162,717 Land Value $148,750 Improvement Value $13,967 Tax Amount $1,793.61 Change Rate +0.075622% Assessed CR Tax Rate +0.011023%
Year 2022 Assessed Value $162,717 Land Value $148,750 Improvement Value $13,967 Tax Amount $1,667.51 Change Rate +0.040094% Assessed CR Tax Rate +0.010248%
Year 2021 Assessed Value $162,717 Land Value $148,750 Improvement Value $13,967 Tax Amount $1,603.23 Change Rate +0.018396% Assessed CR Tax Rate +0.009853%
Year 2020 Assessed Value $162,717 Land Value $148,750 Improvement Value $13,967 Tax Amount $1,574.27 Change Rate +1.282709% Assessed CR Tax Rate +0.009675%
Year 2019 Assessed Value $57,783 Land Value $52,000 Improvement Value $5,783 Tax Amount $689.65 Change Rate +0.058817% Assessed CR Tax Rate +0.011935%
Year 2018 Assessed Value $57,783 Land Value $52,000 Improvement Value $5,783 Tax Amount $651.34 Change Rate +0.048654% Assessed CR Tax Rate +0.011272%
Year 2017 Assessed Value $57,783 Land Value $52,000 Improvement Value $5,783 Tax Amount $621.12 Change Rate +0.020404% Assessed CR Tax Rate +0.010749%
Year 2016 Assessed Value $57,783 Land Value $52,000 Improvement Value $5,783 Tax Amount $608.7 Change Rate +0.080769% Assessed CR Tax Rate +0.010534%
Year 2015 Assessed Value $52,459 Land Value $32,000 Improvement Value $20,459 Tax Amount $563.21 Change Rate +0.05265% Assessed CR Tax Rate +0.010736%
Year 2014 Assessed Value $52,459 Land Value $32,000 Improvement Value $20,459 Tax Amount $535.04 Change Rate Assessed CR Tax Rate +0.010199%