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5508 Spring Pines Way; Raleigh, NC Property Details

5508 Spring Pines Way, Raleigh, NC is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 5508 Spring Pines Way has 4 bedrooms, and 3.5 bathrooms, and a total of 2,344 square feet. The lot size of 5508 Spring Pines Way is 10,019 square feet.

Off market
5508 Spring Pines Way Raleigh, NC 27616
$415,500 Listing Price
4 Beds
3.5 Baths
2,344 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1989
  • Purchase Price: $415,500
  • Open Loans / Balance: 1 / $387,985
  • Est. Equity / %: $21,015 / 5.14%
  • Gross Yield: 7.218%
  • APN: 1726.12-86-9059-000
  • Situs County: Wake
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,344/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,344/SqFt
  • Garage: 320/SqFt
  • Living: 2,344/SqFt
  • Building: 2,344/SqFt
  • Garage Unfinished: 320/SqFt
  • Price Per Square Foot: $177.26

Legal Description

  • Description: LO43 SPRING PINES PH1 BM1988-01794
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: 35.85417 / -78.56482
  • Subdivision: Spring Pines Ph1
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5398
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

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

Ownership Info

5508 Spring Pines Way has no associated ownership info
5508 Spring Pines Way has no associated ownership info.

Taxes

5508 Spring Pines Way has 8 associated Taxes items

5508 Spring Pines Way, 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 $407,584. The APN we've located for 5508 Spring Pines Way is 1726.12-86-9059-000.

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Taxes
  • Assessed Value:  $407,584
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1726.12-86-9059-000
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Market Value:  407584
  • Market Year:  2025

Tax History

5508 Spring Pines Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $407,584 Land Value $90,000 Improvement Value $317,584 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $407,584 Land Value $90,000 Improvement Value $317,584 Tax Amount $3,559.86 Change Rate +0.324003% Assessed CR Tax Rate +0.008734%
Year 2023 Assessed Value $244,835 Land Value $54,000 Improvement Value $190,835 Tax Amount $2,688.71 Change Rate +0.075936% Assessed CR Tax Rate +0.010982%
Year 2022 Assessed Value $244,835 Land Value $54,000 Improvement Value $190,835 Tax Amount $2,498.95 Change Rate +0.040258% Assessed CR Tax Rate +0.010207%
Year 2021 Assessed Value $244,835 Land Value $54,000 Improvement Value $190,835 Tax Amount $2,402.24 Change Rate +0.018477% Assessed CR Tax Rate +0.009812%
Year 2020 Assessed Value $244,835 Land Value $54,000 Improvement Value $190,835 Tax Amount $2,358.66 Change Rate +0.1031% Assessed CR Tax Rate +0.009634%
Year 2019 Assessed Value $182,778 Land Value $36,000 Improvement Value $146,778 Tax Amount $2,138.21 Change Rate +0.060078% Assessed CR Tax Rate +0.011698%
Year 2018 Assessed Value $182,778 Land Value $36,000 Improvement Value $146,778 Tax Amount $2,017.03 Change Rate +0.049755% Assessed CR Tax Rate +0.011035%
Year 2017 Assessed Value $182,778 Land Value $36,000 Improvement Value $146,778 Tax Amount $1,921.43 Change Rate +0.020875% Assessed CR Tax Rate +0.010512%
Year 2016 Assessed Value $182,778 Land Value $36,000 Improvement Value $146,778 Tax Amount $1,882.14 Change Rate -0.009525% Assessed CR Tax Rate +0.010297%
Year 2015 Assessed Value $181,578 Land Value $36,000 Improvement Value $145,578 Tax Amount $1,900.24 Change Rate Assessed CR Tax Rate +0.010465%
Year 2014 Assessed Value $181,578 Land Value $36,000 Improvement Value $145,578 Tax Amount Change Rate Assessed CR Tax Rate