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616 Chappell Dr; Raleigh, NC Property Details

616 Chappell Dr, Raleigh, NC is a Triplex 3 Units that was built in 1958. This property is currently Financed and is not for sale. Our records show that 616 Chappell Dr has 3 bathrooms, and a total of 1,860 square feet. The lot size of 616 Chappell Dr is 23,087 square feet.

Off market
616 Chappell Dr Raleigh, NC 27606
$330,552 Estimated Value
3 Baths
1,860 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1958
  • Purchase Price: $9,756,000
  • Est. Equity / %: $454,000 / 100%
  • Gross Yield: 4.755%
  • APN: 0793.10-36-6071-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 9 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 11

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,860/SqFt
  • Lot: 23,087/SqFt
  • Gross: 1,860/SqFt
  • Living: 1,860/SqFt
  • Basement: 372/SqFt
  • Building: 1,860/SqFt
  • Ground: 1,860/SqFt
  • Price Per Square Foot: $5245.16

Legal Description

  • Description: LO1 RESUB ISLE FOR (616-18-2)
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.77188 / -78.68417
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 03

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3214
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

616 Chappell Dr has no associated ownership info
616 Chappell Dr has no associated ownership info.

Taxes

616 Chappell Dr has 10 associated Taxes items

616 Chappell 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 $330,552. The APN we've located for 616 Chappell Dr is 0793.10-36-6071-000.

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Taxes
  • Assessed Value:  $330,552
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0793.10-36-6071-000
  • Assessed Land Value:  130000
  • Market Land Value:  130000
  • Tax Amount:  2942.74
  • Tax Year:  2025
  • Market Value:  330552
  • Market Year:  2025

Tax History

616 Chappell Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $330,552 Land Value $130,000 Improvement Value $200,552 Tax Amount $2,942.74 Change Rate +0.00406% Assessed CR Tax Rate +0.008903%
Year 2024 Assessed Value $330,552 Land Value $130,000 Improvement Value $200,552 Tax Amount $2,930.84 Change Rate +0.200765% Assessed CR Tax Rate +0.008867%
Year 2023 Assessed Value $218,423 Land Value $65,000 Improvement Value $153,423 Tax Amount $2,440.81 Change Rate +0.074522% Assessed CR Tax Rate +0.011175%
Year 2022 Assessed Value $218,423 Land Value $65,000 Improvement Value $153,423 Tax Amount $2,271.53 Change Rate +0.039478% Assessed CR Tax Rate +0.0104%
Year 2021 Assessed Value $218,423 Land Value $65,000 Improvement Value $153,423 Tax Amount $2,185.26 Change Rate +0.018114% Assessed CR Tax Rate +0.010005%
Year 2020 Assessed Value $218,423 Land Value $65,000 Improvement Value $153,423 Tax Amount $2,146.38 Change Rate +0.035638% Assessed CR Tax Rate +0.009827%
Year 2019 Assessed Value $173,658 Land Value $50,000 Improvement Value $123,658 Tax Amount $2,072.52 Change Rate +0.058818% Assessed CR Tax Rate +0.011934%
Year 2018 Assessed Value $173,658 Land Value $50,000 Improvement Value $123,658 Tax Amount $1,957.39 Change Rate +0.048656% Assessed CR Tax Rate +0.011272%
Year 2017 Assessed Value $173,658 Land Value $50,000 Improvement Value $123,658 Tax Amount $1,866.57 Change Rate +0.020413% Assessed CR Tax Rate +0.010749%
Year 2016 Assessed Value $173,658 Land Value $50,000 Improvement Value $123,658 Tax Amount $1,829.23 Change Rate -0.074398% Assessed CR Tax Rate +0.010534%
Year 2015 Assessed Value $185,056 Land Value $61,500 Improvement Value $123,556 Tax Amount $1,976.26 Change Rate +0.05295% Assessed CR Tax Rate +0.010679%
Year 2014 Assessed Value $185,056 Land Value $61,500 Improvement Value $123,556 Tax Amount $1,876.88 Change Rate Assessed CR Tax Rate +0.010142%