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5501 Sharpe Dr; Raleigh, NC Property Details

5501 Sharpe Dr, Raleigh, NC is a Single Family that was built in 1985. This property is currently a cash purchase and is not for sale. Our records show that 5501 Sharpe Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,176 square feet. The lot size of 5501 Sharpe Dr is 2,614 square feet.

For Rent
5501 Sharpe Dr Raleigh, NC 27612
$1,875 Listing Price
2 Beds
2 Baths
1,176 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1985
  • Purchase Price: $180,000
  • Est. Equity / %: $267,000 / 100%
  • Gross Yield: 7.694%
  • APN: 0786.11-55-9077-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,176/SqFt
  • Lot: 2,614/SqFt
  • Gross: 1,176/SqFt
  • Living: 1,176/SqFt
  • Building: 1,176/SqFt
  • Ground: 1,176/SqFt
  • Price Per Square Foot: $153.06

Legal Description

  • Description: LO21 OAK PARK WEST BL4 BM1985-01070
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: 35.851807 / -78.70988
  • Subdivision: Oak Park
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3002
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $230
  • H O A Amount: $230
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

5501 Sharpe Dr has 10 associated Taxes items

5501 Sharpe 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 $271,528. The APN we've located for 5501 Sharpe Dr is 0786.11-55-9077-000.

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Taxes
  • Assessed Value:  $271,528
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0786.11-55-9077-000
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  2387.99
  • Tax Year:  2025
  • Market Value:  271528
  • Market Year:  2025

Tax History

5501 Sharpe Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $271,528 Land Value $75,000 Improvement Value $196,528 Tax Amount $2,387.99 Change Rate +0.004108% Assessed CR Tax Rate +0.008795%
Year 2024 Assessed Value $271,528 Land Value $75,000 Improvement Value $196,528 Tax Amount $2,378.22 Change Rate +0.321233% Assessed CR Tax Rate +0.008759%
Year 2023 Assessed Value $163,303 Land Value $45,000 Improvement Value $118,303 Tax Amount $1,800 Change Rate +0.075629% Assessed CR Tax Rate +0.011022%
Year 2022 Assessed Value $163,303 Land Value $45,000 Improvement Value $118,303 Tax Amount $1,673.44 Change Rate +0.040089% Assessed CR Tax Rate +0.010247%
Year 2021 Assessed Value $163,303 Land Value $45,000 Improvement Value $118,303 Tax Amount $1,608.94 Change Rate +0.0184% Assessed CR Tax Rate +0.009852%
Year 2020 Assessed Value $163,303 Land Value $45,000 Improvement Value $118,303 Tax Amount $1,579.87 Change Rate Assessed CR Tax Rate +0.009674%
Year 2019 Assessed Value $121,495 Land Value $35,000 Improvement Value $86,495 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $121,495 Land Value $35,000 Improvement Value $86,495 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $121,495 Land Value $35,000 Improvement Value $86,495 Tax Amount $1,283.91 Change Rate +0.020767% Assessed CR Tax Rate +0.010568%
Year 2016 Assessed Value $121,495 Land Value $35,000 Improvement Value $86,495 Tax Amount $1,257.79 Change Rate +0.717987% Assessed CR Tax Rate +0.010353%
Year 2015 Assessed Value $124,672 Land Value $26,000 Improvement Value $98,672 Tax Amount $732.13 Change Rate +0.053121% Assessed CR Tax Rate +0.005872%
Year 2014 Assessed Value $124,672 Land Value $26,000 Improvement Value $98,672 Tax Amount $695.2 Change Rate Assessed CR Tax Rate +0.005576%