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5540 Reach Dr; Raleigh, NC Property Details

5540 Reach Dr, Raleigh, NC is a Single Family that was built in 2023. This property is currently Financed,New Construction and is not for sale. Our records show that 5540 Reach Dr has 3 bathrooms, and a total of 2,760 square feet. The lot size of 5540 Reach Dr is 6,534 square feet.

Off market
5540 Reach Dr Raleigh, NC 27616
$499,401 Estimated Value
3 Baths
2,760 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2023
  • Purchase Price: $510,000
  • Open Loans / Balance: 1 / $487,501
  • Est. Equity / %: $36,499 / 6.97%
  • Gross Yield: 6.492%
  • APN: 1736.02-97-1479-000
  • Situs County: Wake
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

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

Measurements

  • Total: 2,760/SqFt
  • Lot: 6,534/SqFt
  • Gross: 2,760/SqFt
  • Living: 2,760/SqFt
  • Building: 2,760/SqFt
  • Price Per Square Foot: $184.78

Legal Description

  • Description: LO1254 5401 NORTH BM2022-00877
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Wake County Schools
  • Lat / Lon: 35.857876 / -78.53032
  • Subdivision: 5401 North Subdivision
  • Property Class: Residential
  • Zoning: PD
  • County Use Code: 01

Amenities

  • Plus Four: 4365
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

5540 Reach Dr has no associated ownership info
5540 Reach Dr has no associated ownership info.

Taxes

5540 Reach Dr has 10 associated Taxes items

5540 Reach 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 $499,401. The APN we've located for 5540 Reach Dr is 1736.02-97-1479-000.

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Taxes
  • Assessed Value:  $499,401
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1736.02-97-1479-000
  • Assessed Land Value:  85000
  • Market Land Value:  85000
  • Tax Amount:  4375.27
  • Tax Year:  2025
  • Market Value:  499401
  • Market Year:  2025

Tax History

5540 Reach Dr has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $499,401 Land Value $85,000 Improvement Value $414,401 Tax Amount $4,375.27 Change Rate +0.004126% Assessed CR Tax Rate +0.008761%
Year 2024 Assessed Value $499,401 Land Value $85,000 Improvement Value $414,401 Tax Amount $4,357.29 Change Rate +1.623041% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $152,400 Land Value $80,000 Improvement Value $72,400 Tax Amount $1,661.16 Change Rate Assessed CR Tax Rate +0.0109%