Taxes
- Assessed Value: $1,291,166
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0794.16-83-0910-000
- Assessed Land Value: 375000
- Market Land Value: 375000
- Tax Amount: 11280.26
- Tax Year: 2025
- Market Value: 1291166
- Market Year: 2025
509 Phelps Ave; Raleigh, NC Property Details
Off market
509 Phelps Ave Raleigh, NC 27607
$725,000 Listing Price
5 Beds
3.5 Baths
4,428 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2016
- Open Loans / Balance: 1 / $498,358
- Est. Equity / %: $626,642 / 55.7%
- Gross Yield: 8.214%
- APN: 0794.16-83-0910-000
- Situs County: Wake
Rooms
- Bedrooms: 5
- Bathrooms: 3.5
- Full Bathrooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 2
- Building Quality: B
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 4,428/SqFt
- Lot: 12,197/SqFt
- Gross: 4,428/SqFt
- Garage: 440/SqFt
- Living: 4,428/SqFt
- Building: 4,428/SqFt
- Garage Unfinished: 440/SqFt
Legal Description
- Description: LO1 PHELPS ROAD SUB RCMB BM2016-00753
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: 35.793526 / -78.6695
- Subdivision: Phelps Road Sub
- Property Class: Residential
- Zoning: R-6
- County Use Code: 01
Amenities
- Plus Four: 7259
- Cooling: Central
- Fireplaces: 1
- Garage: Garage
- Heating: Forced air unit
Ownership Info
509 Phelps Ave has no associated ownership info
509 Phelps Ave has no associated ownership info.
Taxes
509 Phelps Ave has 10 associated Taxes items
509 Phelps 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 $1,291,166. The APN we've located for 509 Phelps Ave is 0794.16-83-0910-000.
Unlock the full reportTax History
509 Phelps Ave has 9 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,291,166 | Land Value $375,000 | Improvement Value $916,166 | Tax Amount $11,280.26 | Change Rate +0.004138% | Assessed CR | Tax Rate +0.008736% |
| Year 2024 | Assessed Value $1,291,166 | Land Value $375,000 | Improvement Value $916,166 | Tax Amount $11,233.78 | Change Rate +0.324902% | Assessed CR | Tax Rate +0.0087% |
| Year 2023 | Assessed Value $776,050 | Land Value $243,750 | Improvement Value $532,300 | Tax Amount $8,478.95 | Change Rate +0.076349% | Assessed CR | Tax Rate +0.010926% |
| Year 2022 | Assessed Value $776,050 | Land Value $243,750 | Improvement Value $532,300 | Tax Amount $7,877.51 | Change Rate +0.040489% | Assessed CR | Tax Rate +0.010151% |
| Year 2021 | Assessed Value $776,050 | Land Value $243,750 | Improvement Value $532,300 | Tax Amount $7,570.97 | Change Rate +0.018585% | Assessed CR | Tax Rate +0.009756% |
| Year 2020 | Assessed Value $776,050 | Land Value $243,750 | Improvement Value $532,300 | Tax Amount $7,432.83 | Change Rate -0.251182% | Assessed CR | Tax Rate +0.009578% |
| Year 2019 | Assessed Value $854,783 | Land Value $198,000 | Improvement Value $656,783 | Tax Amount $9,926.08 | Change Rate +0.060551% | Assessed CR | Tax Rate +0.011612% |
| Year 2018 | Assessed Value $854,783 | Land Value $198,000 | Improvement Value $656,783 | Tax Amount $9,359.36 | Change Rate +0.050161% | Assessed CR | Tax Rate +0.010949% |
| Year 2017 | Assessed Value $854,783 | Land Value $198,000 | Improvement Value $656,783 | Tax Amount $8,912.31 | Change Rate | Assessed CR | Tax Rate +0.010426% |