Large Location Icon

5501 Lambshire Dr; Raleigh, NC Property Details

5501 Lambshire Dr, Raleigh, NC is a Single Family that was built in 1974. This property is not for sale. Our records show that 5501 Lambshire Dr has 3.5 bathrooms, and a total of 3,388 square feet. The lot size of 5501 Lambshire Dr is 94,525 square feet.

Off market
5501 Lambshire Dr Raleigh, NC 27612
$883,970 Estimated Value
3.5 Baths
3,388 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Purchase Price: $293,000
  • Est. Equity / %: $1,151,000 / 100%
  • Gross Yield: 5.463%
  • APN: 0796.11-66-9006-000
  • Situs County: Wake
  • Length Of Ownership: 33 years, 2 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 12
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Excellent
  • Building Quality: B
  • Roof Type: Gable
  • Pool Type: Yes
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,388/SqFt
  • Lot: 94,525/SqFt
  • Gross: 3,388/SqFt
  • Garage: 507/SqFt
  • Living: 3,388/SqFt
  • Building: 3,388/SqFt
  • Garage Unfinished: 507/SqFt
  • Price Per Square Foot: $86.48

Legal Description

  • Description: LO9 LAMBSHIRE DOWNS SUB BM1960-199
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: 35.854427 / -78.67302
  • Subdivision: Lambshire Downs Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 2925
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

5501 Lambshire Dr has no associated ownership info
5501 Lambshire Dr has no associated ownership info.

Taxes

5501 Lambshire Dr has 8 associated Taxes items

5501 Lambshire 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 $883,970. The APN we've located for 5501 Lambshire Dr is 0796.11-66-9006-000.

Unlock the full report
Taxes
  • Assessed Value:  $883,970
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0796.11-66-9006-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Market Value:  883970
  • Market Year:  2025

Tax History

5501 Lambshire Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $883,970 Land Value $300,000 Improvement Value $583,970 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $883,970 Land Value $300,000 Improvement Value $583,970 Tax Amount $7,697.28 Change Rate +0.395271% Assessed CR Tax Rate +0.008708%
Year 2023 Assessed Value $504,283 Land Value $250,000 Improvement Value $254,283 Tax Amount $5,516.69 Change Rate +0.076247% Assessed CR Tax Rate +0.01094%
Year 2022 Assessed Value $504,283 Land Value $250,000 Improvement Value $254,283 Tax Amount $5,125.86 Change Rate +0.040429% Assessed CR Tax Rate +0.010165%
Year 2021 Assessed Value $504,283 Land Value $250,000 Improvement Value $254,283 Tax Amount $4,926.68 Change Rate +0.018559% Assessed CR Tax Rate +0.00977%
Year 2020 Assessed Value $504,283 Land Value $250,000 Improvement Value $254,283 Tax Amount $4,836.91 Change Rate -0.223667% Assessed CR Tax Rate +0.009592%
Year 2019 Assessed Value $535,893 Land Value $250,000 Improvement Value $285,893 Tax Amount $6,230.46 Change Rate +0.060475% Assessed CR Tax Rate +0.011626%
Year 2018 Assessed Value $535,893 Land Value $250,000 Improvement Value $285,893 Tax Amount $5,875.16 Change Rate +0.050094% Assessed CR Tax Rate +0.010963%
Year 2017 Assessed Value $535,893 Land Value $250,000 Improvement Value $285,893 Tax Amount $5,594.89 Change Rate +0.021025% Assessed CR Tax Rate +0.01044%
Year 2016 Assessed Value $535,893 Land Value $250,000 Improvement Value $285,893 Tax Amount $5,479.68 Change Rate +0.069454% Assessed CR Tax Rate +0.010225%
Year 2015 Assessed Value $492,883 Land Value $204,000 Improvement Value $288,883 Tax Amount $5,123.81 Change Rate +0.054473% Assessed CR Tax Rate +0.010396%
Year 2014 Assessed Value $492,883 Land Value $204,000 Improvement Value $288,883 Tax Amount $4,859.12 Change Rate Assessed CR Tax Rate +0.009859%