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7005 Sorrell Ln; Raleigh, NC Property Details

7005 Sorrell Ln, Raleigh, NC is a Single Family that was built in 1979. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 7005 Sorrell Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 1,061 square feet. The lot size of 7005 Sorrell Ln is 19,602 square feet.

For Rent
7005 Sorrell Ln Raleigh, NC 27603
$775 Listing Price
3 Beds
1.5 Baths
1,061 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1979
  • Purchase Price: $56,000
  • Est. Equity / %: $310,000 / 100%
  • Gross Yield: 4.912%
  • APN: 0790.03-42-4219-000
  • Situs County: Wake
  • Length Of Ownership: 22 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable

Measurements

  • Total: 1,061/SqFt
  • Lot: 19,602/SqFt
  • Gross: 1,061/SqFt
  • Living: 1,061/SqFt
  • Building: 1,061/SqFt
  • Ground: 1,061/SqFt
  • Price Per Square Foot: $52.78

Legal Description

  • Description: LO18 OAK RIDGE VALLEY
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: 35.67926 / -78.68209
  • Subdivision: Oak Ridge Valley
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Plus Four: 5238
  • Cooling: None
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

7005 Sorrell Ln has no associated ownership info
7005 Sorrell Ln has no associated ownership info.

Taxes

7005 Sorrell Ln has 10 associated Taxes items

7005 Sorrell Ln, 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 $241,800. The APN we've located for 7005 Sorrell Ln is 0790.03-42-4219-000.

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Taxes
  • Assessed Value:  $241,800
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0790.03-42-4219-000
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  1566.56
  • Tax Year:  2025
  • Market Value:  241800
  • Market Year:  2025

Tax History

7005 Sorrell Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $241,800 Land Value $100,000 Improvement Value $141,800 Tax Amount $1,566.56 Change Rate +0.029561% Assessed CR Tax Rate +0.006479%
Year 2024 Assessed Value $241,800 Land Value $100,000 Improvement Value $141,800 Tax Amount $1,521.58 Change Rate +0.375974% Assessed CR Tax Rate +0.006293%
Year 2023 Assessed Value $139,262 Land Value $30,000 Improvement Value $109,262 Tax Amount $1,105.82 Change Rate +0.07806% Assessed CR Tax Rate +0.007941%
Year 2022 Assessed Value $139,262 Land Value $30,000 Improvement Value $109,262 Tax Amount $1,025.75 Change Rate +0.027198% Assessed CR Tax Rate +0.007366%
Year 2021 Assessed Value $139,262 Land Value $30,000 Improvement Value $109,262 Tax Amount $998.59 Change Rate +0.016584% Assessed CR Tax Rate +0.007171%
Year 2020 Assessed Value $139,262 Land Value $30,000 Improvement Value $109,262 Tax Amount $982.3 Change Rate +0.110835% Assessed CR Tax Rate +0.007054%
Year 2019 Assessed Value $105,828 Land Value $30,000 Improvement Value $75,828 Tax Amount $884.29 Change Rate +0.086178% Assessed CR Tax Rate +0.008356%
Year 2018 Assessed Value $105,828 Land Value $30,000 Improvement Value $75,828 Tax Amount $814.13 Change Rate +0.053985% Assessed CR Tax Rate +0.007693%
Year 2017 Assessed Value $105,828 Land Value $30,000 Improvement Value $75,828 Tax Amount $772.43 Change Rate +0.020262% Assessed CR Tax Rate +0.007299%
Year 2016 Assessed Value $105,828 Land Value $30,000 Improvement Value $75,828 Tax Amount $757.09 Change Rate -0.054571% Assessed CR Tax Rate +0.007154%
Year 2015 Assessed Value $112,424 Land Value $32,000 Improvement Value $80,424 Tax Amount $800.79 Change Rate +0.054018% Assessed CR Tax Rate +0.007123%
Year 2014 Assessed Value $112,424 Land Value $32,000 Improvement Value $80,424 Tax Amount $759.75 Change Rate Assessed CR Tax Rate +0.006758%