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515 Grove Ave; Raleigh, NC Property Details

515 Grove Ave, Raleigh, NC is a Single Family that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 515 Grove Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,962 square feet. The lot size of 515 Grove Ave is 5,663 square feet.

Off market
515 Grove Ave Raleigh, NC 27606
$455,000 Listing Price
4 Beds
2.5 Baths
2,962 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2017
  • Purchase Price: $455,000
  • Open Loans / Balance: 1 / $372,851
  • Est. Equity / %: $418,149 / 52.86%
  • Gross Yield: 8.11%
  • APN: 0784.18-40-4881-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,962/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,962/SqFt
  • Garage: 400/SqFt
  • Living: 2,962/SqFt
  • Building: 2,962/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $153.61

Legal Description

  • Description: LO2 SUNSET TERRACE BM2017-00470
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: 35.785156 / -78.71513
  • Subdivision: Sunset Terrace
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1607
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

515 Grove Ave has no associated ownership info
515 Grove Ave has no associated ownership info.

Taxes

515 Grove Ave has 10 associated Taxes items

515 Grove 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 $853,386. The APN we've located for 515 Grove Ave is 0784.18-40-4881-000.

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Taxes
  • Assessed Value:  $853,386
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0784.18-40-4881-000
  • Assessed Land Value:  172000
  • Market Land Value:  172000
  • Tax Amount:  7462.38
  • Tax Year:  2025
  • Market Value:  853386
  • Market Year:  2025

Tax History

515 Grove Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $853,386 Land Value $172,000 Improvement Value $681,386 Tax Amount $7,462.38 Change Rate +0.004134% Assessed CR Tax Rate +0.008744%
Year 2024 Assessed Value $853,386 Land Value $172,000 Improvement Value $681,386 Tax Amount $7,431.66 Change Rate +0.312527% Assessed CR Tax Rate +0.008708%
Year 2023 Assessed Value $517,624 Land Value $93,750 Improvement Value $423,874 Tax Amount $5,662.1 Change Rate +0.12758% Assessed CR Tax Rate +0.010939%
Year 2022 Assessed Value $493,971 Land Value $93,750 Improvement Value $400,221 Tax Amount $5,021.46 Change Rate +0.096348% Assessed CR Tax Rate +0.010165%
Year 2021 Assessed Value $468,671 Land Value $93,750 Improvement Value $374,921 Tax Amount $4,580.17 Change Rate +0.018551% Assessed CR Tax Rate +0.009773%
Year 2020 Assessed Value $468,671 Land Value $93,750 Improvement Value $374,921 Tax Amount $4,496.75 Change Rate -0.084616% Assessed CR Tax Rate +0.009595%
Year 2019 Assessed Value $422,160 Land Value $59,500 Improvement Value $362,660 Tax Amount $4,912.42 Change Rate +0.16335% Assessed CR Tax Rate +0.011636%
Year 2018 Assessed Value $386,477 Land Value $59,500 Improvement Value $326,977 Tax Amount $4,222.65 Change Rate Assessed CR Tax Rate +0.010926%