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518 Elm St; Raleigh, NC Property Details

518 Elm St, Raleigh, NC is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 518 Elm St has 2 bedrooms, and 1 bathroom, and a total of 2,424 square feet. The lot size of 518 Elm St is 10,454 square feet.

Off market
518 Elm St Raleigh, NC 27604
$335,000 Listing Price
2 Beds
1 Baths
2,424 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1923
  • Purchase Price: $335,000
  • Open Loans / Balance: 1 / $132,386
  • Est. Equity / %: $691,614 / 83.93%
  • Gross Yield: 8.308%
  • APN: 1704.20-91-8405-000
  • Situs County: Wake
  • Length Of Ownership: 14 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,424/SqFt
  • Lot: 10,454/SqFt
  • Gross: 2,424/SqFt
  • Living: 2,424/SqFt
  • Building: 2,424/SqFt
  • Ground: 2,424/SqFt
  • Price Per Square Foot: $138.20

Legal Description

  • Description: 518 ELM ST
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: 35.78669 / -78.629814
  • Subdivision: Property/James B Walter
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1934
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

518 Elm St has no associated ownership info
518 Elm St has no associated ownership info.

Taxes

518 Elm St has 10 associated Taxes items

518 Elm 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 $887,173. The APN we've located for 518 Elm St is 1704.20-91-8405-000.

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Taxes
  • Assessed Value:  $887,173
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-91-8405-000
  • Assessed Land Value:  598500
  • Market Land Value:  598500
  • Tax Amount:  7757.03
  • Tax Year:  2025
  • Market Value:  887173
  • Market Year:  2025

Tax History

518 Elm St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $887,173 Land Value $598,500 Improvement Value $288,673 Tax Amount $7,757.03 Change Rate +0.004135% Assessed CR Tax Rate +0.008744%
Year 2024 Assessed Value $887,173 Land Value $598,500 Improvement Value $288,673 Tax Amount $7,725.09 Change Rate +0.132321% Assessed CR Tax Rate +0.008708%
Year 2023 Assessed Value $624,069 Land Value $345,000 Improvement Value $279,069 Tax Amount $6,822.35 Change Rate +0.076301% Assessed CR Tax Rate +0.010932%
Year 2022 Assessed Value $624,069 Land Value $345,000 Improvement Value $279,069 Tax Amount $6,338.7 Change Rate +0.040463% Assessed CR Tax Rate +0.010157%
Year 2021 Assessed Value $624,069 Land Value $345,000 Improvement Value $279,069 Tax Amount $6,092.19 Change Rate +0.018574% Assessed CR Tax Rate +0.009762%
Year 2020 Assessed Value $624,069 Land Value $345,000 Improvement Value $279,069 Tax Amount $5,981.1 Change Rate +0.018661% Assessed CR Tax Rate +0.009584%
Year 2019 Assessed Value $504,921 Land Value $241,500 Improvement Value $263,421 Tax Amount $5,871.53 Change Rate +0.060463% Assessed CR Tax Rate +0.011629%
Year 2018 Assessed Value $504,921 Land Value $241,500 Improvement Value $263,421 Tax Amount $5,536.76 Change Rate +0.059063% Assessed CR Tax Rate +0.010966%
Year 2017 Assessed Value $375,088 Land Value $241,500 Improvement Value $133,588 Tax Amount $5,227.98 Change Rate +0.36096% Assessed CR Tax Rate +0.013938%
Year 2016 Assessed Value $375,088 Land Value $241,500 Improvement Value $133,588 Tax Amount $3,841.39 Change Rate +0.252708% Assessed CR Tax Rate +0.010241%
Year 2015 Assessed Value $294,203 Land Value $172,575 Improvement Value $121,628 Tax Amount $3,066.47 Change Rate +0.05432% Assessed CR Tax Rate +0.010423%
Year 2014 Assessed Value $294,203 Land Value $172,575 Improvement Value $121,628 Tax Amount $2,908.48 Change Rate Assessed CR Tax Rate +0.009886%