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5525 Millrace Trl; Raleigh, NC Property Details

5525 Millrace Trl, Raleigh, NC is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 5525 Millrace Trl has 3 bedrooms, and 2.5 bathrooms, and a total of 1,906 square feet. The lot size of 5525 Millrace Trl is 8,276 square feet.

Off market
5525 Millrace Trl Raleigh, NC 27606
$390,000 Listing Price
3 Beds
2.5 Baths
1,906 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1992
  • Purchase Price: $390,000
  • Open Loans / Balance: 2 / $363,287
  • Est. Equity / %: $72,713 / 16.68%
  • Gross Yield: 6.603%
  • APN: 0782.03-40-2649-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • 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: 1,906/SqFt
  • Lot: 8,276/SqFt
  • Gross: 1,906/SqFt
  • Garage: 484/SqFt
  • Living: 1,906/SqFt
  • Building: 1,906/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $204.62

Legal Description

  • Description: LO62 YATES MILL RD BL88 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: 35.72987 / -78.716194
  • Subdivision: Yates Mill
  • 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 Type: Planned Unit Development

Ownership Info

5525 Millrace Trl has no associated ownership info
5525 Millrace Trl has no associated ownership info.

Taxes

5525 Millrace Trl has 10 associated Taxes items

5525 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 $414,210. The APN we've located for 5525 Millrace Trl is 0782.03-40-2649-000.

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Taxes
  • Assessed Value:  $414,210
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0782.03-40-2649-000
  • Assessed Land Value:  150000
  • Market Land Value:  150000
  • Tax Amount:  2669.29
  • Tax Year:  2025
  • Market Value:  414210
  • Market Year:  2025

Tax History

5525 Millrace Trl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $414,210 Land Value $150,000 Improvement Value $264,210 Tax Amount $2,669.29 Change Rate +0.029719% Assessed CR Tax Rate +0.006444%
Year 2024 Assessed Value $414,210 Land Value $150,000 Improvement Value $264,210 Tax Amount $2,592.25 Change Rate +0.222321% Assessed CR Tax Rate +0.006258%
Year 2023 Assessed Value $269,433 Land Value $72,000 Improvement Value $197,433 Tax Amount $2,120.76 Change Rate +0.078801% Assessed CR Tax Rate +0.007871%
Year 2022 Assessed Value $269,433 Land Value $72,000 Improvement Value $197,433 Tax Amount $1,965.85 Change Rate +0.02746% Assessed CR Tax Rate +0.007296%
Year 2021 Assessed Value $269,433 Land Value $72,000 Improvement Value $197,433 Tax Amount $1,913.31 Change Rate +0.016755% Assessed CR Tax Rate +0.007101%
Year 2020 Assessed Value $269,433 Land Value $72,000 Improvement Value $197,433 Tax Amount $1,881.78 Change Rate +0.044308% Assessed CR Tax Rate +0.006984%
Year 2019 Assessed Value $218,188 Land Value $72,000 Improvement Value $146,188 Tax Amount $1,801.94 Change Rate +0.087288% Assessed CR Tax Rate +0.008259%
Year 2018 Assessed Value $218,188 Land Value $72,000 Improvement Value $146,188 Tax Amount $1,657.28 Change Rate +0.054706% Assessed CR Tax Rate +0.007596%
Year 2017 Assessed Value $218,188 Land Value $72,000 Improvement Value $146,188 Tax Amount $1,571.32 Change Rate +0.02055% Assessed CR Tax Rate +0.007202%
Year 2016 Assessed Value $218,188 Land Value $72,000 Improvement Value $146,188 Tax Amount $1,539.68 Change Rate +0.117646% Assessed CR Tax Rate +0.007057%
Year 2015 Assessed Value $195,481 Land Value $64,000 Improvement Value $131,481 Tax Amount $1,377.61 Change Rate Assessed CR Tax Rate +0.007047%
Year 2014 Assessed Value $195,481 Land Value $64,000 Improvement Value $131,481 Tax Amount Change Rate Assessed CR Tax Rate