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516 Pace St; Raleigh, NC Property Details

516 Pace St, Raleigh, NC is a Single Family that was built in 2000. This property is currently Financed and is not for sale. Our records show that 516 Pace St has 3 bedrooms, and 3.5 bathrooms, and a total of 3,290 square feet. The lot size of 516 Pace St is 8,712 square feet.

Off market
516 Pace St Raleigh, NC 27604
$499,500 Listing Price
3 Beds
3.5 Baths
3,290 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 2000
  • Purchase Price: $534,000
  • Open Loans / Balance: 2 / $657,644
  • Est. Equity / %: $579,356 / 46.84%
  • Gross Yield: 6.534%
  • APN: 1704.20-92-6233-000
  • Situs County: Wake
  • Length Of Ownership: 11 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,290/SqFt
  • Lot: 8,712/SqFt
  • Gross: 3,290/SqFt
  • Living: 3,290/SqFt
  • Building: 3,290/SqFt
  • Price Per Square Foot: $162.31

Legal Description

  • Description: LO3 PACE STREET VILLAGE BM2000-374
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: 35.78881 / -78.63033
  • Subdivision: Pace Street Village
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

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

Ownership Info

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

Taxes

516 Pace St has 10 associated Taxes items

516 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 $1,115,212. The APN we've located for 516 Pace St is 1704.20-92-6233-000.

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Taxes
  • Assessed Value:  $1,115,212
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-92-6233-000
  • Assessed Land Value:  498750
  • Market Land Value:  498750
  • Tax Amount:  9745.76
  • Tax Year:  2025
  • Market Value:  1115212
  • Market Year:  2025

Tax History

516 Pace St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,115,212 Land Value $498,750 Improvement Value $616,462 Tax Amount $9,745.76 Change Rate +0.004137% Assessed CR Tax Rate +0.008739%
Year 2024 Assessed Value $1,115,212 Land Value $498,750 Improvement Value $616,462 Tax Amount $9,705.61 Change Rate +0.273004% Assessed CR Tax Rate +0.008703%
Year 2023 Assessed Value $697,631 Land Value $240,000 Improvement Value $457,631 Tax Amount $7,624.18 Change Rate +0.076328% Assessed CR Tax Rate +0.010929%
Year 2022 Assessed Value $697,631 Land Value $240,000 Improvement Value $457,631 Tax Amount $7,083.51 Change Rate +0.083046% Assessed CR Tax Rate +0.010154%
Year 2021 Assessed Value $697,631 Land Value $240,000 Improvement Value $457,631 Tax Amount $6,540.36 Change Rate +0.172477% Assessed CR Tax Rate +0.009375%
Year 2020 Assessed Value $581,893 Land Value $240,000 Improvement Value $341,893 Tax Amount $5,578.24 Change Rate -0.121804% Assessed CR Tax Rate +0.009586%
Year 2019 Assessed Value $546,374 Land Value $200,000 Improvement Value $346,374 Tax Amount $6,351.93 Change Rate +0.080185% Assessed CR Tax Rate +0.011626%
Year 2018 Assessed Value $536,373 Land Value $200,000 Improvement Value $336,373 Tax Amount $5,880.41 Change Rate +0.050096% Assessed CR Tax Rate +0.010963%
Year 2017 Assessed Value $536,373 Land Value $200,000 Improvement Value $336,373 Tax Amount $5,599.88 Change Rate +0.021024% Assessed CR Tax Rate +0.01044%
Year 2016 Assessed Value $536,373 Land Value $200,000 Improvement Value $336,373 Tax Amount $5,484.57 Change Rate +0.089941% Assessed CR Tax Rate +0.010225%
Year 2015 Assessed Value $484,017 Land Value $220,000 Improvement Value $264,017 Tax Amount $5,031.99 Change Rate +0.054465% Assessed CR Tax Rate +0.010396%
Year 2014 Assessed Value $484,017 Land Value $220,000 Improvement Value $264,017 Tax Amount $4,772.08 Change Rate Assessed CR Tax Rate +0.009859%