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6505 Academic Ave; Raleigh, NC Property Details

6505 Academic Ave, Raleigh, NC is a Single Family that was built in 2020. This property is currently Financed and is not for sale. Our records show that 6505 Academic Ave has 2.5 bathrooms, and a total of 1,760 square feet. The lot size of 6505 Academic Ave is 3,049 square feet.

Off market
6505 Academic Ave Raleigh, NC 27616
$352,983 Estimated Value
2.5 Baths
1,760 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $272,500
  • Open Loans / Balance: 1 / $225,499
  • Est. Equity / %: $132,501 / 37.01%
  • Gross Yield: 6.61%
  • APN: 1736.02-88-2855-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 4 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,760/SqFt
  • Lot: 3,049/SqFt
  • Gross: 1,760/SqFt
  • Living: 1,760/SqFt
  • Building: 1,760/SqFt
  • Price Per Square Foot: $154.83

Legal Description

  • Description: LO1068 5401 NORTH-LOT 20 BM2017-01502
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: 35.861637 / -78.53341
  • Subdivision: 5401 North Subdivision
  • Property Class: Residential
  • Zoning: PD
  • County Use Code: 01

Amenities

  • Plus Four: 8093
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

6505 Academic Ave has no associated ownership info
6505 Academic Ave has no associated ownership info.

Taxes

6505 Academic Ave has 10 associated Taxes items

6505 Academic Ave, 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 $352,983. The APN we've located for 6505 Academic Ave is 1736.02-88-2855-000.

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Taxes
  • Assessed Value:  $352,983
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1736.02-88-2855-000
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  3098.37
  • Tax Year:  2025
  • Market Value:  352983
  • Market Year:  2025

Tax History

6505 Academic Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $352,983 Land Value $75,000 Improvement Value $277,983 Tax Amount $3,098.37 Change Rate +0.004119% Assessed CR Tax Rate +0.008778%
Year 2024 Assessed Value $352,983 Land Value $75,000 Improvement Value $277,983 Tax Amount $3,085.66 Change Rate +0.0664% Assessed CR Tax Rate +0.008742%
Year 2023 Assessed Value $263,627 Land Value $60,000 Improvement Value $203,627 Tax Amount $2,893.53 Change Rate +0.075974% Assessed CR Tax Rate +0.010976%
Year 2022 Assessed Value $263,627 Land Value $60,000 Improvement Value $203,627 Tax Amount $2,689.22 Change Rate +0.040281% Assessed CR Tax Rate +0.010201%
Year 2021 Assessed Value $263,627 Land Value $60,000 Improvement Value $203,627 Tax Amount $2,585.09 Change Rate +1.285748% Assessed CR Tax Rate +0.009806%
Year 2020 Assessed Value $118,400 Land Value $60,000 Improvement Value $58,400 Tax Amount $1,130.96 Change Rate +0.742673% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $56,000 Land Value $56,000 Improvement Value Tax Amount $648.98 Change Rate +0.060685% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $56,000 Land Value $56,000 Improvement Value Tax Amount $611.85 Change Rate Assessed CR Tax Rate +0.010926%