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5502 Cedar Mill Dr; Raleigh, NC Property Details

5502 Cedar Mill 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 5502 Cedar Mill Dr has 2 bedrooms, and 3.5 bathrooms, and a total of 2,119 square feet. The lot size of 5502 Cedar Mill Dr is 1,742 square feet.

Off market
5502 Cedar Mill Dr Raleigh, NC 27606
$435,366 Listing Price
2 Beds
3.5 Baths
2,119 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $435,500
  • Open Loans / Balance: 1 / $377,312
  • Est. Equity / %: $126,688 / 25.14%
  • Gross Yield: 7.293%
  • APN: 0783.13-13-8966-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,119/SqFt
  • Lot: 1,742/SqFt
  • Gross: 2,119/SqFt
  • Living: 2,119/SqFt
  • Building: 2,119/SqFt
  • Price Per Square Foot: $205.52

Legal Description

  • Description: LO12 WATERSIDE BM2020-01100
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: 35.76635 / -78.72406
  • Subdivision: Waterside
  • Property Class: Residential
  • Zoning: OX-3
  • County Use Code: 01

Amenities

  • Plus Four: 7675
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $180
  • H O A Amount: $180
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

5502 Cedar Mill Dr has no associated ownership info
5502 Cedar Mill Dr has no associated ownership info.

Taxes

5502 Cedar Mill Dr has 10 associated Taxes items

5502 Cedar Mill 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 $465,880. The APN we've located for 5502 Cedar Mill Dr is 0783.13-13-8966-000.

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Taxes
  • Assessed Value:  $465,880
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0783.13-13-8966-000
  • Assessed Land Value:  85000
  • Market Land Value:  85000
  • Tax Amount:  4082.94
  • Tax Year:  2025
  • Market Value:  465880
  • Market Year:  2025

Tax History

5502 Cedar Mill Dr has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $465,880 Land Value $85,000 Improvement Value $380,880 Tax Amount $4,082.94 Change Rate -0.046779% Assessed CR Tax Rate +0.008764%
Year 2024 Assessed Value $490,883 Land Value $85,000 Improvement Value $405,883 Tax Amount $4,283.31 Change Rate +0.051202% Assessed CR Tax Rate +0.008726%
Year 2023 Assessed Value $371,989 Land Value $50,000 Improvement Value $321,989 Tax Amount $4,074.68 Change Rate +0.076138% Assessed CR Tax Rate +0.010954%
Year 2022 Assessed Value $371,989 Land Value $50,000 Improvement Value $321,989 Tax Amount $3,786.39 Change Rate +6.782919% Assessed CR Tax Rate +0.010179%
Year 2021 Assessed Value $50,000 Land Value $50,000 Improvement Value Tax Amount $486.5 Change Rate Assessed CR Tax Rate +0.00973%