Large Location Icon

507 Method Rd; Raleigh, NC Property Details

507 Method Rd, Raleigh, NC is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 507 Method Rd is 16,553 square feet.

Off market
507 Method Rd Raleigh, NC 27607
$94,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Purchase Price: $94,000
  • Est. Equity / %: $558,000 / 100%
  • APN: 0794.13-04-9031-000
  • Situs County: Wake
  • Length Of Ownership: 13 years, 6 months

Structure

  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Lot: 16,553/SqFt

Legal Description

  • Description: LO3A PROP BERYL OKELLY BROOKS BM1993-00
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.793842 / -78.69336
  • Subdivision: Kelly Brook
  • Property Class: Vacant
  • Zoning: IX-3
  • County Use Code: V

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5218

Ownership Info

507 Method Rd has no associated ownership info
507 Method Rd has no associated ownership info.

Taxes

507 Method Rd has 10 associated Taxes items

507 Method Rd, 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 $260,710. The APN we've located for 507 Method Rd is 0794.13-04-9031-000.

Unlock the full report
Taxes
  • Assessed Value:  $260,710
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.13-04-9031-000
  • Assessed Land Value:  260710
  • Market Land Value:  260710
  • Tax Amount:  2273.65
  • Tax Year:  2025
  • Market Value:  260710
  • Market Year:  2025

Tax History

507 Method Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $260,710 Land Value $260,710 Improvement Value Tax Amount $2,273.65 Change Rate +0.004143% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $260,710 Land Value $260,710 Improvement Value Tax Amount $2,264.27 Change Rate +1.285871% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $90,876 Land Value $90,876 Improvement Value Tax Amount $990.55 Change Rate +0.076544% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $90,876 Land Value $90,876 Improvement Value Tax Amount $920.12 Change Rate +0.040589% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $90,876 Land Value $90,876 Improvement Value Tax Amount $884.23 Change Rate +0.018639% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $90,876 Land Value $90,876 Improvement Value Tax Amount $868.05 Change Rate Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $99,318 Land Value $99,318 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $99,318 Land Value $99,318 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $99,318 Land Value $99,318 Improvement Value Tax Amount $1,033.21 Change Rate Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $99,318 Land Value $99,318 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $66,212 Land Value $66,212 Improvement Value Tax Amount $685.62 Change Rate +0.054686% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $66,212 Land Value $66,212 Improvement Value Tax Amount $650.07 Change Rate Assessed CR Tax Rate +0.009818%