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616 Lakestone Dr; Raleigh, NC Property Details

616 Lakestone Dr, Raleigh, NC is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 616 Lakestone Dr has 4 bedrooms, and 3 bathrooms, and a total of 3,352 square feet. The lot size of 616 Lakestone Dr is 40,946 square feet.

Off market
616 Lakestone Dr Raleigh, NC 27609
$636,100 Listing Price
4 Beds
3 Baths
3,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Purchase Price: $636,000
  • Est. Equity / %: $1,857,000 / 100%
  • Gross Yield: 1.644%
  • APN: 1705.06-38-5640-000
  • Situs County: Wake
  • Length Of Ownership: 27 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 11

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Excellent
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,352/SqFt
  • Lot: 40,946/SqFt
  • Gross: 3,352/SqFt
  • Garage: 552/SqFt
  • Living: 3,352/SqFt
  • Basement: 661/SqFt
  • Building: 3,352/SqFt
  • Ground: 3,352/SqFt
  • Garage Unfinished: 552/SqFt
  • Price Per Square Foot: $189.74

Legal Description

  • Description: LO2 LAKESTONE SUB BL3
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: 35.83387 / -78.65061
  • Subdivision: Lakestone Sub
  • Property Class: Residential
  • Zoning: R-2
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6340
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

616 Lakestone Dr has 10 associated Taxes items

616 Lakestone 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 $2,041,412. The APN we've located for 616 Lakestone Dr is 1705.06-38-5640-000.

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Taxes
  • Assessed Value:  $2,041,412
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1705.06-38-5640-000
  • Assessed Land Value:  1536000
  • Market Land Value:  1536000
  • Tax Amount:  17823.15
  • Tax Year:  2025
  • Market Value:  2041412
  • Market Year:  2025

Tax History

616 Lakestone Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,041,412 Land Value $1,536,000 Improvement Value $505,412 Tax Amount $17,823.15 Change Rate +0.00414% Assessed CR Tax Rate +0.008731%
Year 2024 Assessed Value $2,041,412 Land Value $1,536,000 Improvement Value $505,412 Tax Amount $17,749.66 Change Rate +0.4536% Assessed CR Tax Rate +0.008695%
Year 2023 Assessed Value $1,118,425 Land Value $765,000 Improvement Value $353,425 Tax Amount $12,210.83 Change Rate +0.076408% Assessed CR Tax Rate +0.010918%
Year 2022 Assessed Value $1,118,425 Land Value $765,000 Improvement Value $353,425 Tax Amount $11,344.05 Change Rate +0.040521% Assessed CR Tax Rate +0.010143%
Year 2021 Assessed Value $1,118,425 Land Value $765,000 Improvement Value $353,425 Tax Amount $10,902.28 Change Rate +0.0186% Assessed CR Tax Rate +0.009748%
Year 2020 Assessed Value $1,118,425 Land Value $765,000 Improvement Value $353,425 Tax Amount $10,703.2 Change Rate -0.194303% Assessed CR Tax Rate +0.00957%
Year 2019 Assessed Value $1,144,568 Land Value $680,000 Improvement Value $464,568 Tax Amount $13,284.4 Change Rate +0.060584% Assessed CR Tax Rate +0.011606%
Year 2018 Assessed Value $1,144,568 Land Value $680,000 Improvement Value $464,568 Tax Amount $12,525.55 Change Rate +0.05019% Assessed CR Tax Rate +0.010943%
Year 2017 Assessed Value $1,144,568 Land Value $680,000 Improvement Value $464,568 Tax Amount $11,926.94 Change Rate +0.021067% Assessed CR Tax Rate +0.01042%
Year 2016 Assessed Value $1,144,568 Land Value $680,000 Improvement Value $464,568 Tax Amount $11,680.86 Change Rate -0.168748% Assessed CR Tax Rate +0.010205%
Year 2015 Assessed Value $1,355,106 Land Value $825,000 Improvement Value $530,106 Tax Amount $14,052.13 Change Rate +0.054614% Assessed CR Tax Rate +0.01037%
Year 2014 Assessed Value $1,355,106 Land Value $825,000 Improvement Value $530,106 Tax Amount $13,324.43 Change Rate Assessed CR Tax Rate +0.009833%