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701 Lakestone Dr; Raleigh, NC Property Details

701 Lakestone Dr, Raleigh, NC is a Single Family that was built in 2023. This property is currently a cash purchase and is not for sale. Our records show that 701 Lakestone Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 7,357 square feet. The lot size of 701 Lakestone Dr is 91,040 square feet.

Off market  •   Bankruptcy ✓
701 Lakestone Dr Raleigh, NC 27609
$1,725,000 Listing Price
4 Beds
3.5 Baths
7,357 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2023
  • Purchase Price: $1,725,000
  • Est. Equity / %: $9,500,000 / 100%
  • Gross Yield: 0.321%
  • APN: 1705.06-38-1512-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 12
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 7,357/SqFt
  • Lot: 91,040/SqFt
  • Gross: 7,357/SqFt
  • Garage: 624/SqFt
  • Living: 7,357/SqFt
  • Basement: 971/SqFt
  • Building: 7,357/SqFt
  • Ground: 7,357/SqFt
  • Garage Unfinished: 624/SqFt
  • Price Per Square Foot: $234.47

Legal Description

  • Description: LO7 LAKESTONE SUB
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: 35.833668 / -78.65227
  • Subdivision: Lakestone Sub
  • Property Class: Residential
  • Zoning: R-2
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6341
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

701 Lakestone Dr has 10 associated Taxes items

701 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 $4,028,253. The APN we've located for 701 Lakestone Dr is 1705.06-38-1512-000.

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Taxes
  • Assessed Value:  $4,028,253
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1705.06-38-1512-000
  • Assessed Land Value:  2016000
  • Market Land Value:  2016000
  • Tax Amount:  35150.4
  • Tax Year:  2025
  • Market Value:  4028253
  • Market Year:  2025

Tax History

701 Lakestone Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,028,253 Land Value $2,016,000 Improvement Value $2,012,253 Tax Amount $35,150.4 Change Rate +0.255604% Assessed CR Tax Rate +0.008726%
Year 2024 Assessed Value $4,028,253 Land Value $2,016,000 Improvement Value $2,012,253 Tax Amount $27,994.81 Change Rate +2.170779% Assessed CR Tax Rate +0.00695%
Year 2023 Assessed Value $810,000 Land Value $810,000 Improvement Value Tax Amount $8,829 Change Rate -0.205333% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $1,095,340 Land Value $810,000 Improvement Value $285,340 Tax Amount $11,110.32 Change Rate +0.051744% Assessed CR Tax Rate +0.010143%
Year 2021 Assessed Value $1,095,340 Land Value $810,000 Improvement Value $285,340 Tax Amount $10,563.71 Change Rate +0.018599% Assessed CR Tax Rate +0.009644%
Year 2020 Assessed Value $1,083,629 Land Value $810,000 Improvement Value $273,629 Tax Amount $10,370.82 Change Rate Assessed CR Tax Rate +0.00957%
Year 2019 Assessed Value $1,127,944 Land Value $720,000 Improvement Value $407,944 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $1,127,944 Land Value $720,000 Improvement Value $407,944 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $1,127,944 Land Value $720,000 Improvement Value $407,944 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,127,944 Land Value $720,000 Improvement Value $407,944 Tax Amount $11,511.49 Change Rate -0.076885% Assessed CR Tax Rate +0.010206%
Year 2015 Assessed Value $1,202,343 Land Value $814,125 Improvement Value $388,218 Tax Amount $12,470.26 Change Rate +0.054603% Assessed CR Tax Rate +0.010372%
Year 2014 Assessed Value $1,202,343 Land Value $814,125 Improvement Value $388,218 Tax Amount $11,824.6 Change Rate Assessed CR Tax Rate +0.009835%