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518 Cape Ave; Raleigh, NC Property Details

518 Cape Ave, Raleigh, NC is a Single Family that was built in 2020. This property is currently a cash purchase and is not for sale. Our records show that 518 Cape Ave has 4 bedrooms, and 2.5 bathrooms, and a total of 2,387 square feet. The lot size of 518 Cape Ave is 6,970 square feet.

Off market
518 Cape Ave Raleigh, NC 27601
$107,000 Listing Price
4 Beds
2.5 Baths
2,387 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $107,000
  • Open Loans / Balance: 2 / $550,086
  • Est. Equity / %: $213,914 / 28%
  • Gross Yield: 7.827%
  • APN: 1703.52-95-1166-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 9 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,387/SqFt
  • Lot: 6,970/SqFt
  • Gross: 2,387/SqFt
  • Living: 2,387/SqFt
  • Building: 2,387/SqFt
  • Price Per Square Foot: $44.83

Legal Description

  • Description: LO2 DOME PROP SUB BM2018-02525
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: 35.769424 / -78.631996
  • Subdivision: Dome Prop Sub
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Plus Four: 2419
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

518 Cape Ave has no associated ownership info
518 Cape Ave has no associated ownership info.

Taxes

518 Cape Ave has 10 associated Taxes items

518 Cape 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 $935,748. The APN we've located for 518 Cape Ave is 1703.52-95-1166-000.

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Taxes
  • Assessed Value:  $935,748
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.52-95-1166-000
  • Assessed Land Value:  333500
  • Market Land Value:  333500
  • Tax Amount:  8180.66
  • Tax Year:  2025
  • Market Value:  935748
  • Market Year:  2025

Tax History

518 Cape Ave has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $935,748 Land Value $333,500 Improvement Value $602,248 Tax Amount $8,180.66 Change Rate +0.004134% Assessed CR Tax Rate +0.008742%
Year 2024 Assessed Value $935,748 Land Value $333,500 Improvement Value $602,248 Tax Amount $8,146.98 Change Rate +0.39962% Assessed CR Tax Rate +0.008706%
Year 2023 Assessed Value $532,188 Land Value $148,750 Improvement Value $383,438 Tax Amount $5,820.85 Change Rate +0.076261% Assessed CR Tax Rate +0.010938%
Year 2022 Assessed Value $532,188 Land Value $148,750 Improvement Value $383,438 Tax Amount $5,408.4 Change Rate +0.052038% Assessed CR Tax Rate +0.010163%
Year 2021 Assessed Value $532,188 Land Value $148,750 Improvement Value $383,438 Tax Amount $5,140.88 Change Rate +2.618147% Assessed CR Tax Rate +0.00966%
Year 2020 Assessed Value $148,750 Land Value $148,750 Improvement Value Tax Amount $1,420.86 Change Rate +0.802985% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $68,000 Land Value $68,000 Improvement Value Tax Amount $788.06 Change Rate Assessed CR Tax Rate +0.011589%