Large Location Icon

5227 Olive Rd; Raleigh, NC Property Details

5227 Olive Rd, Raleigh, NC is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 5227 Olive Rd is 13,939 square feet.

Off market
5227 Olive Rd Raleigh, NC 27606
$24,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $24,000
  • Est. Equity / %: $335,000 / 100%
  • APN: 0782.06-29-8470-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 8 months

Measurements

  • Lot: 13,939/SqFt

Legal Description

  • Description: LO28 RCMB LAKESIDE SUB BM2015-01085
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.75388 / -78.72067
  • Subdivision: Rcmb Lakeside Sub
  • Property Class: Vacant
  • Zoning: R-4
  • County Use Code: V

Amenities

  • Plus Four: 4123

Ownership Info

5227 Olive Rd has no associated ownership info
5227 Olive Rd has no associated ownership info.

Taxes

5227 Olive Rd has 10 associated Taxes items

5227 Olive 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 $40,000. The APN we've located for 5227 Olive Rd is 0782.06-29-8470-000.

Unlock the full report
Taxes
  • Assessed Value:  $40,000
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0782.06-29-8470-000
  • Assessed Land Value:  40000
  • Market Land Value:  40000
  • Tax Amount:  255.84
  • Tax Year:  2025
  • Market Value:  40000
  • Market Year:  2025

Tax History

5227 Olive Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $255.84 Change Rate +0.029952% Assessed CR Tax Rate +0.006396%
Year 2024 Assessed Value $40,000 Land Value $40,000 Improvement Value Tax Amount $248.4 Change Rate +0.699042% Assessed CR Tax Rate +0.00621%
Year 2023 Assessed Value $18,750 Land Value $18,750 Improvement Value Tax Amount $146.2 Change Rate +0.079604% Assessed CR Tax Rate +0.007797%
Year 2022 Assessed Value $18,750 Land Value $18,750 Improvement Value Tax Amount $135.42 Change Rate +0.027778% Assessed CR Tax Rate +0.007222%
Year 2021 Assessed Value $18,750 Land Value $18,750 Improvement Value Tax Amount $131.76 Change Rate +0.016981% Assessed CR Tax Rate +0.007027%
Year 2020 Assessed Value $18,750 Land Value $18,750 Improvement Value Tax Amount $129.56 Change Rate -0.093479% Assessed CR Tax Rate +0.00691%
Year 2019 Assessed Value $17,500 Land Value $17,500 Improvement Value Tax Amount $142.92 Change Rate +0.088334% Assessed CR Tax Rate +0.008167%
Year 2018 Assessed Value $17,500 Land Value $17,500 Improvement Value Tax Amount $131.32 Change Rate +0.055372% Assessed CR Tax Rate +0.007504%
Year 2017 Assessed Value $17,500 Land Value $17,500 Improvement Value Tax Amount $124.43 Change Rate +0.020838% Assessed CR Tax Rate +0.00711%
Year 2016 Assessed Value $17,500 Land Value $17,500 Improvement Value Tax Amount $121.89 Change Rate +0.290524% Assessed CR Tax Rate +0.006965%
Year 2015 Assessed Value $13,600 Land Value $13,600 Improvement Value Tax Amount $94.45 Change Rate +0.055425% Assessed CR Tax Rate +0.006945%
Year 2014 Assessed Value $13,600 Land Value $13,600 Improvement Value Tax Amount $89.49 Change Rate Assessed CR Tax Rate +0.00658%