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531 Pace St; Raleigh, NC Property Details

531 Pace St, Raleigh, NC is a Single Family that was built in 2004. This property is currently Financed,New Construction and is not for sale. Our records show that 531 Pace St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,191 square feet. The lot size of 531 Pace St is 4,792 square feet.

Off market
531 Pace St Raleigh, NC 27604
$278,500 Listing Price
3 Beds
2.5 Baths
2,191 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $278,500
  • Open Loans: 1
  • Est. Equity / %: $892,000 / 100%
  • Gross Yield: 7.228%
  • APN: 1704.20-92-7346-000
  • Situs County: Wake
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,191/SqFt
  • Lot: 4,792/SqFt
  • Gross: 2,191/SqFt
  • Living: 2,191/SqFt
  • Building: 2,191/SqFt
  • Price Per Square Foot: $127.11

Legal Description

  • Description: LO1 PACE STREET VILLAGE II BM2001-671
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: 35.789173 / -78.62996
  • Subdivision: Pace Street Village Ii
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1957
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $60
  • H O A Amount: $60
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

531 Pace St has 10 associated Taxes items

531 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 $889,735. The APN we've located for 531 Pace St is 1704.20-92-7346-000.

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Taxes
  • Assessed Value:  $889,735
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.20-92-7346-000
  • Assessed Land Value:  475000
  • Market Land Value:  475000
  • Tax Amount:  7779.38
  • Tax Year:  2025
  • Market Value:  889735
  • Market Year:  2025

Tax History

531 Pace St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $889,735 Land Value $475,000 Improvement Value $414,735 Tax Amount $7,779.38 Change Rate +0.004134% Assessed CR Tax Rate +0.008743%
Year 2024 Assessed Value $889,735 Land Value $475,000 Improvement Value $414,735 Tax Amount $7,747.35 Change Rate +0.294087% Assessed CR Tax Rate +0.008707%
Year 2023 Assessed Value $547,406 Land Value $240,000 Improvement Value $307,406 Tax Amount $5,986.73 Change Rate +0.076268% Assessed CR Tax Rate +0.010937%
Year 2022 Assessed Value $547,406 Land Value $240,000 Improvement Value $307,406 Tax Amount $5,562.49 Change Rate +0.040445% Assessed CR Tax Rate +0.010162%
Year 2021 Assessed Value $547,406 Land Value $240,000 Improvement Value $307,406 Tax Amount $5,346.26 Change Rate +0.018562% Assessed CR Tax Rate +0.009767%
Year 2020 Assessed Value $547,406 Land Value $240,000 Improvement Value $307,406 Tax Amount $5,248.83 Change Rate +0.007043% Assessed CR Tax Rate +0.009589%
Year 2019 Assessed Value $448,021 Land Value $185,000 Improvement Value $263,021 Tax Amount $5,212.12 Change Rate +0.060434% Assessed CR Tax Rate +0.011634%
Year 2018 Assessed Value $448,021 Land Value $185,000 Improvement Value $263,021 Tax Amount $4,915.08 Change Rate +0.05006% Assessed CR Tax Rate +0.010971%
Year 2017 Assessed Value $448,021 Land Value $185,000 Improvement Value $263,021 Tax Amount $4,680.76 Change Rate +0.02101% Assessed CR Tax Rate +0.010448%
Year 2016 Assessed Value $448,021 Land Value $185,000 Improvement Value $263,021 Tax Amount $4,584.44 Change Rate +0.025818% Assessed CR Tax Rate +0.010233%
Year 2015 Assessed Value $429,653 Land Value $185,150 Improvement Value $244,503 Tax Amount $4,469.06 Change Rate +0.054439% Assessed CR Tax Rate +0.010402%
Year 2014 Assessed Value $429,653 Land Value $185,150 Improvement Value $244,503 Tax Amount $4,238.33 Change Rate Assessed CR Tax Rate +0.009865%