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509 E Cabarrus St; Raleigh, NC Property Details

509 E Cabarrus St, Raleigh, NC is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 509 E Cabarrus St has 3 bedrooms, and 2 bathrooms, and a total of 1,120 square feet. The lot size of 509 E Cabarrus St is 4,792 square feet.

For Rent
509 E Cabarrus St Raleigh, NC 27601
$1,925 Listing Price
3 Beds
2 Baths
1,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1992
  • Purchase Price: $195,000
  • Est. Equity / %: $467,000 / 100%
  • Gross Yield: 7.185%
  • APN: 1703.44-96-1943-000
  • Situs County: Wake
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,120/SqFt
  • Lot: 4,792/SqFt
  • Gross: 1,120/SqFt
  • Living: 1,120/SqFt
  • Building: 1,120/SqFt
  • Ground: 1,120/SqFt
  • Price Per Square Foot: $174.11

Legal Description

  • Description: LO35 MARY ANNE MOREHEAD PROP
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: 35.774246 / -78.632065
  • Subdivision: Fern Paterson
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1909
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

509 E Cabarrus St has no associated ownership info
509 E Cabarrus St has no associated ownership info.

Taxes

509 E Cabarrus St has 10 associated Taxes items

509 E Cabarrus 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 $472,735. The APN we've located for 509 E Cabarrus St is 1703.44-96-1943-000.

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Taxes
  • Assessed Value:  $472,735
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.44-96-1943-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  4142.72
  • Tax Year:  2025
  • Market Value:  472735
  • Market Year:  2025

Tax History

509 E Cabarrus St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $472,735 Land Value $300,000 Improvement Value $172,735 Tax Amount $4,142.72 Change Rate +0.004125% Assessed CR Tax Rate +0.008763%
Year 2024 Assessed Value $472,735 Land Value $300,000 Improvement Value $172,735 Tax Amount $4,125.7 Change Rate +0.416403% Assessed CR Tax Rate +0.008727%
Year 2023 Assessed Value $265,394 Land Value $150,000 Improvement Value $115,394 Tax Amount $2,912.8 Change Rate +0.075977% Assessed CR Tax Rate +0.010975%
Year 2022 Assessed Value $265,394 Land Value $150,000 Improvement Value $115,394 Tax Amount $2,707.12 Change Rate +0.040288% Assessed CR Tax Rate +0.0102%
Year 2021 Assessed Value $265,394 Land Value $150,000 Improvement Value $115,394 Tax Amount $2,602.28 Change Rate +0.018489% Assessed CR Tax Rate +0.009805%
Year 2020 Assessed Value $265,394 Land Value $150,000 Improvement Value $115,394 Tax Amount $2,555.04 Change Rate +0.114769% Assessed CR Tax Rate +0.009627%
Year 2019 Assessed Value $196,047 Land Value $85,000 Improvement Value $111,047 Tax Amount $2,291.99 Change Rate +0.06012% Assessed CR Tax Rate +0.011691%
Year 2018 Assessed Value $196,047 Land Value $85,000 Improvement Value $111,047 Tax Amount $2,162.01 Change Rate +0.049784% Assessed CR Tax Rate +0.011028%
Year 2017 Assessed Value $196,047 Land Value $85,000 Improvement Value $111,047 Tax Amount $2,059.48 Change Rate +0.020899% Assessed CR Tax Rate +0.010505%
Year 2016 Assessed Value $196,047 Land Value $85,000 Improvement Value $111,047 Tax Amount $2,017.32 Change Rate +0.795424% Assessed CR Tax Rate +0.01029%
Year 2015 Assessed Value $106,576 Land Value $28,000 Improvement Value $78,576 Tax Amount $1,123.59 Change Rate +0.053669% Assessed CR Tax Rate +0.010543%
Year 2014 Assessed Value $106,576 Land Value $28,000 Improvement Value $78,576 Tax Amount $1,066.36 Change Rate Assessed CR Tax Rate +0.010006%