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5224 Alva Dr; Raleigh, NC Property Details

5224 Alva Dr, Raleigh, NC is a Single Family that was built in 2021. This property is currently Financed and is not for sale. Our records show that 5224 Alva Dr has 4 bedrooms, and 3 bathrooms, and a total of 3,706 square feet. The lot size of 5224 Alva Dr is 47,480 square feet.

Off market
5224 Alva Dr Raleigh, NC 27606
$908,160 Listing Price
4 Beds
3 Baths
3,706 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $908,500
  • Open Loans / Balance: 2 / $979,750
  • Est. Equity / %: $173,250 / 15.03%
  • Gross Yield: 5.689%
  • APN: 0782.09-06-2039-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Quality: B

Measurements

  • Total: 3,706/SqFt
  • Lot: 47,480/SqFt
  • Gross: 3,706/SqFt
  • Living: 3,706/SqFt
  • Building: 3,706/SqFt
  • Price Per Square Foot: $245.14

Legal Description

  • Description: LO5 MATTIE WOODS BM2020-00031
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: 35.744743 / -78.72961
  • Subdivision: Mattie Woods
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Plus Four: 4144
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $55
  • H O A Amount: $55
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

5224 Alva Dr has no associated ownership info
5224 Alva Dr has no associated ownership info.

Taxes

5224 Alva Dr has 10 associated Taxes items

5224 Alva Dr, 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 $1,016,110. The APN we've located for 5224 Alva Dr is 0782.09-06-2039-000.

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Taxes
  • Assessed Value:  $1,016,110
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0782.09-06-2039-000
  • Assessed Land Value:  200000
  • Market Land Value:  200000
  • Tax Amount:  6519.03
  • Tax Year:  2025
  • Market Value:  1016110
  • Market Year:  2025

Tax History

5224 Alva Dr has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,016,110 Land Value $200,000 Improvement Value $816,110 Tax Amount $6,519.03 Change Rate +0.029856% Assessed CR Tax Rate +0.006416%
Year 2024 Assessed Value $1,016,110 Land Value $200,000 Improvement Value $816,110 Tax Amount $6,330.04 Change Rate +0.127971% Assessed CR Tax Rate +0.00623%
Year 2023 Assessed Value $717,184 Land Value $210,000 Improvement Value $507,184 Tax Amount $5,611.88 Change Rate +0.26197% Assessed CR Tax Rate +0.007825%
Year 2022 Assessed Value $649,584 Land Value $210,000 Improvement Value $439,584 Tax Amount $4,446.92 Change Rate +2.013492% Assessed CR Tax Rate +0.006846%
Year 2021 Assessed Value $210,000 Land Value $210,000 Improvement Value Tax Amount $1,475.67 Change Rate Assessed CR Tax Rate +0.007027%
Year 2020 Assessed Value $215,000 Land Value $215,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate