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701 Colonial Dr; Raleigh, NC Property Details

701 Colonial Dr, Raleigh, NC is a Duplex 2 Units that was built in 1963. This property is currently Financed and is not for sale. Our records show that 701 Colonial Dr has 3 bathrooms, and a total of 2,178 square feet. The lot size of 701 Colonial Dr is 25,700 square feet.

Off market
701 Colonial Dr Raleigh, NC 27603
$383,098 Estimated Value
3 Baths
2,178 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1963
  • Purchase Price: $162,500
  • Open Loans / Balance: 2 / $153,992
  • Est. Equity / %: $261,008 / 62.89%
  • APN: 1701.18-40-1890-000
  • Situs County: Wake
  • Length Of Ownership: 20 years, 8 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Hip

Measurements

  • Total: 2,178/SqFt
  • Lot: 25,700/SqFt
  • Gross: 2,178/SqFt
  • Living: 2,178/SqFt
  • Building: 2,178/SqFt
  • Ground: 2,178/SqFt
  • Price Per Square Foot: $74.61

Legal Description

  • Description: LO22 ECHO HGTS SE2 BLA
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.702557 / -78.6491
  • Subdivision: Echo Hgts
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 02

Amenities

  • Plus Four: 4731
  • Bathroom Fixtures: 9
  • Cooling: None
  • Garage: Carport
  • Heating: Forced air unit

Ownership Info

701 Colonial Dr has no associated ownership info
701 Colonial Dr has no associated ownership info.

Taxes

701 Colonial Dr has 10 associated Taxes items

701 Colonial 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 $383,098. The APN we've located for 701 Colonial Dr is 1701.18-40-1890-000.

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Taxes
  • Assessed Value:  $383,098
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1701.18-40-1890-000
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  2490.3
  • Tax Year:  2025
  • Market Value:  383098
  • Market Year:  2025

Tax History

701 Colonial Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $383,098 Land Value $100,000 Improvement Value $283,098 Tax Amount $2,490.3 Change Rate +0.029458% Assessed CR Tax Rate +0.0065%
Year 2024 Assessed Value $383,098 Land Value $100,000 Improvement Value $283,098 Tax Amount $2,419.04 Change Rate +0.381953% Assessed CR Tax Rate +0.006314%
Year 2023 Assessed Value $219,373 Land Value $55,000 Improvement Value $164,373 Tax Amount $1,750.45 Change Rate +0.077651% Assessed CR Tax Rate +0.007979%
Year 2022 Assessed Value $219,373 Land Value $55,000 Improvement Value $164,373 Tax Amount $1,624.32 Change Rate +0.02705% Assessed CR Tax Rate +0.007404%
Year 2021 Assessed Value $219,373 Land Value $55,000 Improvement Value $164,373 Tax Amount $1,581.54 Change Rate +0.016499% Assessed CR Tax Rate +0.007209%
Year 2020 Assessed Value $219,373 Land Value $55,000 Improvement Value $164,373 Tax Amount $1,555.87 Change Rate +0.18528% Assessed CR Tax Rate +0.007092%
Year 2019 Assessed Value $155,829 Land Value $36,000 Improvement Value $119,829 Tax Amount $1,312.66 Change Rate +0.085435% Assessed CR Tax Rate +0.008424%
Year 2018 Assessed Value $155,829 Land Value $36,000 Improvement Value $119,829 Tax Amount $1,209.34 Change Rate +0.053478% Assessed CR Tax Rate +0.007761%
Year 2017 Assessed Value $155,829 Land Value $36,000 Improvement Value $119,829 Tax Amount $1,147.95 Change Rate +0.020083% Assessed CR Tax Rate +0.007367%
Year 2016 Assessed Value $155,829 Land Value $36,000 Improvement Value $119,829 Tax Amount $1,125.35 Change Rate -0.09905% Assessed CR Tax Rate +0.007222%
Year 2015 Assessed Value $174,092 Land Value $40,000 Improvement Value $134,092 Tax Amount $1,249.07 Change Rate +0.053605% Assessed CR Tax Rate +0.007175%
Year 2014 Assessed Value $174,092 Land Value $40,000 Improvement Value $134,092 Tax Amount $1,185.52 Change Rate Assessed CR Tax Rate +0.00681%