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5509 Millrace Trl; Raleigh, NC Property Details

5509 Millrace Trl, Raleigh, NC is a Single Family that was built in 1992. This property is currently Financed,Intra-Family and is not for sale. Our records show that 5509 Millrace Trl has 2.5 bathrooms, and a total of 2,197 square feet. The lot size of 5509 Millrace Trl is 8,276 square feet.

Off market
5509 Millrace Trl Raleigh, NC 27606
$446,305 Estimated Value
2.5 Baths
2,197 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $20,000
  • Open Loans: 2
  • Gross Yield: 6.628%
  • APN: 0782.03-40-3513-000
  • Situs County: Wake
  • Length Of Ownership: 23 years, 3 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,197/SqFt
  • Lot: 8,276/SqFt
  • Gross: 2,197/SqFt
  • Garage: 506/SqFt
  • Living: 2,197/SqFt
  • Building: 2,197/SqFt
  • Garage Unfinished: 506/SqFt
  • Price Per Square Foot: $9.10

Legal Description

  • Description: LO60 BL88 BLDYATES BM1987-50
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: 35.729465 / -78.71596
  • Subdivision: Yates Mill Run
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9217
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $180
  • H O A Amount: $180
  • H O A One Frequency: Annual
  • H O A One Name: Yates Mill Run Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

5509 Millrace Trl has no associated ownership info
5509 Millrace Trl has no associated ownership info.

Taxes

5509 Millrace Trl has 10 associated Taxes items

5509 Millrace Trl, 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 $446,305. The APN we've located for 5509 Millrace Trl is 0782.03-40-3513-000.

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Taxes
  • Assessed Value:  $446,305
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0782.03-40-3513-000
  • Assessed Land Value:  150000
  • Market Land Value:  150000
  • Tax Amount:  2874.56
  • Tax Year:  2025
  • Market Value:  446305
  • Market Year:  2025

Tax History

5509 Millrace Trl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $446,305 Land Value $150,000 Improvement Value $296,305 Tax Amount $2,874.56 Change Rate +0.029732% Assessed CR Tax Rate +0.006441%
Year 2024 Assessed Value $446,305 Land Value $150,000 Improvement Value $296,305 Tax Amount $2,791.56 Change Rate +0.206561% Assessed CR Tax Rate +0.006255%
Year 2023 Assessed Value $294,170 Land Value $72,000 Improvement Value $222,170 Tax Amount $2,313.65 Change Rate +0.078881% Assessed CR Tax Rate +0.007865%
Year 2022 Assessed Value $294,170 Land Value $72,000 Improvement Value $222,170 Tax Amount $2,144.49 Change Rate +0.027483% Assessed CR Tax Rate +0.00729%
Year 2021 Assessed Value $294,170 Land Value $72,000 Improvement Value $222,170 Tax Amount $2,087.13 Change Rate +0.016768% Assessed CR Tax Rate +0.007095%
Year 2020 Assessed Value $294,170 Land Value $72,000 Improvement Value $222,170 Tax Amount $2,052.71 Change Rate +0.051232% Assessed CR Tax Rate +0.006978%
Year 2019 Assessed Value $236,643 Land Value $72,000 Improvement Value $164,643 Tax Amount $1,952.67 Change Rate +0.087372% Assessed CR Tax Rate +0.008252%
Year 2018 Assessed Value $236,643 Land Value $72,000 Improvement Value $164,643 Tax Amount $1,795.77 Change Rate +0.054766% Assessed CR Tax Rate +0.007589%
Year 2017 Assessed Value $236,643 Land Value $72,000 Improvement Value $164,643 Tax Amount $1,702.53 Change Rate +0.020567% Assessed CR Tax Rate +0.007195%
Year 2016 Assessed Value $236,643 Land Value $72,000 Improvement Value $164,643 Tax Amount $1,668.22 Change Rate +0.117309% Assessed CR Tax Rate +0.00705%
Year 2015 Assessed Value $212,106 Land Value $64,000 Improvement Value $148,106 Tax Amount $1,493.07 Change Rate +0.054689% Assessed CR Tax Rate +0.007039%
Year 2014 Assessed Value $212,106 Land Value $64,000 Improvement Value $148,106 Tax Amount $1,415.65 Change Rate Assessed CR Tax Rate +0.006674%