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587 E Cabarrus St; Raleigh, NC Property Details

587 E Cabarrus St, Raleigh, NC is a Single Family that was built in 1915. This property is currently a cash purchase and is not for sale. Our records show that 587 E Cabarrus St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,256 square feet. The lot size of 587 E Cabarrus St is 2,614 square feet.

For Rent
587 E Cabarrus St Raleigh, NC 27601
$2,200 Listing Price
3 Beds
2.5 Baths
1,256 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1915
  • Purchase Price: $480,000
  • Est. Equity / %: $552,000 / 100%
  • Gross Yield: 6.413%
  • APN: 1713.09-06-1849-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,256/SqFt
  • Lot: 2,614/SqFt
  • Gross: 1,256/SqFt
  • Living: 1,256/SqFt
  • Building: 1,256/SqFt
  • Price Per Square Foot: $382.17

Legal Description

  • Description: 587 E CABARRUS ST
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: 35.77415 / -78.62867
  • Subdivision: Bt Rogers
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1966
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

587 E Cabarrus St has no associated ownership info
587 E Cabarrus St has no associated ownership info.

Taxes

587 E Cabarrus St has 10 associated Taxes items

587 E Cabarrus St, 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 $498,739. The APN we've located for 587 E Cabarrus St is 1713.09-06-1849-000.

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Taxes
  • Assessed Value:  $498,739
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1713.09-06-1849-000
  • Assessed Land Value:  270000
  • Market Land Value:  270000
  • Tax Amount:  4369.5
  • Tax Year:  2025
  • Market Value:  498739
  • Market Year:  2025

Tax History

587 E Cabarrus St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $498,739 Land Value $270,000 Improvement Value $228,739 Tax Amount $4,369.5 Change Rate +0.004127% Assessed CR Tax Rate +0.008761%
Year 2024 Assessed Value $498,739 Land Value $270,000 Improvement Value $228,739 Tax Amount $4,351.54 Change Rate +0.019163% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $389,883 Land Value $157,500 Improvement Value $232,383 Tax Amount $4,269.72 Change Rate +0.076155% Assessed CR Tax Rate +0.010951%
Year 2022 Assessed Value $389,883 Land Value $157,500 Improvement Value $232,383 Tax Amount $3,967.57 Change Rate +0.040385% Assessed CR Tax Rate +0.010176%
Year 2021 Assessed Value $389,883 Land Value $157,500 Improvement Value $232,383 Tax Amount $3,813.56 Change Rate +0.018536% Assessed CR Tax Rate +0.009781%
Year 2020 Assessed Value $389,883 Land Value $157,500 Improvement Value $232,383 Tax Amount $3,744.16 Change Rate +0.202777% Assessed CR Tax Rate +0.009603%
Year 2019 Assessed Value $266,885 Land Value $48,000 Improvement Value $218,885 Tax Amount $3,112.93 Change Rate +0.060266% Assessed CR Tax Rate +0.011664%
Year 2018 Assessed Value $266,885 Land Value $48,000 Improvement Value $218,885 Tax Amount $2,935.99 Change Rate +0.049918% Assessed CR Tax Rate +0.011001%
Year 2017 Assessed Value $266,885 Land Value $48,000 Improvement Value $218,885 Tax Amount $2,796.4 Change Rate Assessed CR Tax Rate +0.010478%
Year 2016 Assessed Value $73,844 Land Value $60,000 Improvement Value $13,844 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $49,619 Land Value $22,400 Improvement Value $27,219 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $49,619 Land Value $22,400 Improvement Value $27,219 Tax Amount $507.16 Change Rate Assessed CR Tax Rate +0.010221%