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508 Pace St; Raleigh, NC Property Details

508 Pace St, Raleigh, NC is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 508 Pace St has 3 bedrooms, and 3.5 bathrooms, and a total of 2,569 square feet. The lot size of 508 Pace St is 6,970 square feet.

Off market
508 Pace St Raleigh, NC 27604
$449,900 Listing Price
3 Beds
3.5 Baths
2,569 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2007
  • Purchase Price: $438,500
  • Open Loans / Balance: 1 / $242,036
  • Est. Equity / %: $722,964 / 74.92%
  • Gross Yield: 7.436%
  • APN: 1704.20-92-4223-000
  • Situs County: Wake
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,569/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,569/SqFt
  • Living: 2,569/SqFt
  • Building: 2,569/SqFt
  • Price Per Square Foot: $170.69

Legal Description

  • Description: LO2 PACE STREET BM2006-01495
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: 35.788834 / -78.63104
  • Subdivision: Pace Street
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Plus Four: 1958
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

508 Pace St has no associated ownership info
508 Pace St has no associated ownership info.

Taxes

508 Pace St has 10 associated Taxes items

508 Pace 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 $990,125. The APN we've located for 508 Pace St is 1704.20-92-4223-000.

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Taxes
  • Assessed Value:  $990,125
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-92-4223-000
  • Assessed Land Value:  475000
  • Market Land Value:  475000
  • Tax Amount:  8654.88
  • Tax Year:  2025
  • Market Value:  990125
  • Market Year:  2025

Tax History

508 Pace St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $990,125 Land Value $475,000 Improvement Value $515,125 Tax Amount $8,654.88 Change Rate +0.004136% Assessed CR Tax Rate +0.008741%
Year 2024 Assessed Value $990,125 Land Value $475,000 Improvement Value $515,125 Tax Amount $8,619.23 Change Rate +0.345937% Assessed CR Tax Rate +0.008705%
Year 2023 Assessed Value $585,678 Land Value $240,000 Improvement Value $345,678 Tax Amount $6,403.89 Change Rate +0.076286% Assessed CR Tax Rate +0.010934%
Year 2022 Assessed Value $585,678 Land Value $240,000 Improvement Value $345,678 Tax Amount $5,949.99 Change Rate +0.040454% Assessed CR Tax Rate +0.010159%
Year 2021 Assessed Value $585,678 Land Value $240,000 Improvement Value $345,678 Tax Amount $5,718.65 Change Rate +0.018568% Assessed CR Tax Rate +0.009764%
Year 2020 Assessed Value $585,678 Land Value $240,000 Improvement Value $345,678 Tax Amount $5,614.4 Change Rate -0.000687% Assessed CR Tax Rate +0.009586%
Year 2019 Assessed Value $483,067 Land Value $200,000 Improvement Value $283,067 Tax Amount $5,618.26 Change Rate +0.060451% Assessed CR Tax Rate +0.01163%
Year 2018 Assessed Value $483,067 Land Value $200,000 Improvement Value $283,067 Tax Amount $5,297.99 Change Rate +0.050076% Assessed CR Tax Rate +0.010967%
Year 2017 Assessed Value $483,067 Land Value $200,000 Improvement Value $283,067 Tax Amount $5,045.34 Change Rate +0.021016% Assessed CR Tax Rate +0.010444%
Year 2016 Assessed Value $483,067 Land Value $200,000 Improvement Value $283,067 Tax Amount $4,941.49 Change Rate +0.07677% Assessed CR Tax Rate +0.010229%
Year 2015 Assessed Value $441,253 Land Value $204,000 Improvement Value $237,253 Tax Amount $4,589.18 Change Rate +0.054446% Assessed CR Tax Rate +0.0104%
Year 2014 Assessed Value $441,253 Land Value $204,000 Improvement Value $237,253 Tax Amount $4,352.22 Change Rate Assessed CR Tax Rate +0.009863%