Taxes
- Assessed Value: $1,414,978
- Assessed Year: 2025
- Assessed County: Wake
- APN: 1705.11-55-8903-000
- Assessed Land Value: 1320000
- Market Land Value: 1320000
- Tax Amount: 12360.02
- Tax Year: 2025
- Market Value: 1414978
- Market Year: 2025
516 Marlowe Rd; Raleigh, NC Property Details
Off market
516 Marlowe Rd Raleigh, NC 27609
$1,414,978 Estimated Value
2 Baths
2,501 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1960
- Purchase Price: $250,000
- Est. Equity / %: $1,466,000 / 100%
- Gross Yield: 7.392%
- APN: 1705.11-55-8903-000
- Situs County: Wake
- Length Of Ownership: 35 years, 1 months
Rooms
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 6
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Excellent
- Building Quality: B
- Roof Type: Gable
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 2,501/SqFt
- Lot: 29,621/SqFt
- Gross: 2,501/SqFt
- Living: 2,501/SqFt
- Building: 2,501/SqFt
- Ground: 2,501/SqFt
- Price Per Square Foot: $99.96
Legal Description
- Description: LO160 DREWRY HILLS VL PH1959- BLS BM1959
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: 35.826508 / -78.643036
- Subdivision: Drewry Hills
- Property Class: Residential
- Zoning: R-4
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 7020
- Cooling: Central
- Fireplaces: 1
- Garage: Carport
- Heating: Forced air unit
- Parking: 2
HOA
- H O A One Name: Method Townhomes Homeowners Association Inc
- H O A One Type: Home Owner Association
Ownership Info
516 Marlowe Rd has no associated ownership info
516 Marlowe Rd has no associated ownership info.
Taxes
516 Marlowe Rd has 10 associated Taxes items
516 Marlowe 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 $1,414,978. The APN we've located for 516 Marlowe Rd is 1705.11-55-8903-000.
Unlock the full reportTax History
516 Marlowe Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,414,978 | Land Value $1,320,000 | Improvement Value $94,978 | Tax Amount $12,360.02 | Change Rate +0.004138% | Assessed CR | Tax Rate +0.008735% |
| Year 2024 | Assessed Value $1,414,978 | Land Value $1,320,000 | Improvement Value $94,978 | Tax Amount $12,309.08 | Change Rate +0.235541% | Assessed CR | Tax Rate +0.008699% |
| Year 2023 | Assessed Value $912,156 | Land Value $770,000 | Improvement Value $142,156 | Tax Amount $9,962.5 | Change Rate +0.076378% | Assessed CR | Tax Rate +0.010922% |
| Year 2022 | Assessed Value $912,156 | Land Value $770,000 | Improvement Value $142,156 | Tax Amount $9,255.58 | Change Rate +0.040505% | Assessed CR | Tax Rate +0.010147% |
| Year 2021 | Assessed Value $912,156 | Land Value $770,000 | Improvement Value $142,156 | Tax Amount $8,895.28 | Change Rate +0.018592% | Assessed CR | Tax Rate +0.009752% |
| Year 2020 | Assessed Value $912,156 | Land Value $770,000 | Improvement Value $142,156 | Tax Amount $8,732.92 | Change Rate -0.030502% | Assessed CR | Tax Rate +0.009574% |
| Year 2019 | Assessed Value $775,535 | Land Value $660,000 | Improvement Value $115,535 | Tax Amount $9,007.67 | Change Rate +21.20826% | Assessed CR | Tax Rate +0.011615% |
| Year 2018 | Assessed Value $775,535 | Land Value $660,000 | Improvement Value $115,535 | Tax Amount $405.6 | Change Rate -0.949851% | Assessed CR | Tax Rate +0.000523% |
| Year 2017 | Assessed Value $775,535 | Land Value $660,000 | Improvement Value $115,535 | Tax Amount $8,087.89 | Change Rate +0.02105% | Assessed CR | Tax Rate +0.010429% |
| Year 2016 | Assessed Value $775,535 | Land Value $660,000 | Improvement Value $115,535 | Tax Amount $7,921.15 | Change Rate -0.099669% | Assessed CR | Tax Rate +0.010214% |
| Year 2015 | Assessed Value $847,710 | Land Value $545,160 | Improvement Value $302,550 | Tax Amount $8,798.04 | Change Rate +0.054566% | Assessed CR | Tax Rate +0.010379% |
| Year 2014 | Assessed Value $847,710 | Land Value $545,160 | Improvement Value $302,550 | Tax Amount $8,342.81 | Change Rate | Assessed CR | Tax Rate +0.009842% |