Large Location Icon

702 Cranbrook Rd; Raleigh, NC Property Details

702 Cranbrook Rd, Raleigh, NC is a Single Family that was built in 2016. This property is currently a cash purchase and is not for sale. Our records show that 702 Cranbrook Rd has 3 bedrooms, and 3.5 bathrooms, and a total of 4,764 square feet. The lot size of 702 Cranbrook Rd is 27,007 square feet.

Off market
702 Cranbrook Rd Raleigh, NC 27609
$247,500 Listing Price
3 Beds
3.5 Baths
4,764 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2016
  • Purchase Price: $1,801,000
  • Open Loans / Balance: 1 / $987,732
  • Est. Equity / %: $1,169,268 / 54.21%
  • Gross Yield: 1.415%
  • APN: 1706.14-44-5554-000
  • Situs County: Wake
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 4,764/SqFt
  • Lot: 27,007/SqFt
  • Gross: 4,764/SqFt
  • Garage: 611/SqFt
  • Living: 4,764/SqFt
  • Building: 4,764/SqFt
  • Garage Unfinished: 611/SqFt
  • Price Per Square Foot: $378.04

Legal Description

  • Description: LO4 CHESTNUT HILLS & OTHER BLF
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: 35.850178 / -78.64718
  • Subdivision: Chestnut Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5134
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Home Owner Association

Ownership Info

702 Cranbrook Rd has no associated ownership info
702 Cranbrook Rd has no associated ownership info.

Taxes

702 Cranbrook Rd has 8 associated Taxes items

702 Cranbrook Rd, 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 $1,844,190. The APN we've located for 702 Cranbrook Rd is 1706.14-44-5554-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,844,190
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1706.14-44-5554-000
  • Assessed Land Value:  715000
  • Market Land Value:  715000
  • Market Value:  1844190
  • Market Year:  2025

Tax History

702 Cranbrook Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,844,190 Land Value $715,000 Improvement Value $1,129,190 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,844,190 Land Value $715,000 Improvement Value $1,129,190 Tax Amount $16,036.79 Change Rate +0.18452% Assessed CR Tax Rate +0.008696%
Year 2023 Assessed Value $1,240,242 Land Value $372,750 Improvement Value $867,492 Tax Amount $13,538.64 Change Rate +0.076422% Assessed CR Tax Rate +0.010916%
Year 2022 Assessed Value $1,240,242 Land Value $372,750 Improvement Value $867,492 Tax Amount $12,577.45 Change Rate +0.040529% Assessed CR Tax Rate +0.010141%
Year 2021 Assessed Value $1,240,242 Land Value $372,750 Improvement Value $867,492 Tax Amount $12,087.55 Change Rate +0.018603% Assessed CR Tax Rate +0.009746%
Year 2020 Assessed Value $1,240,242 Land Value $372,750 Improvement Value $867,492 Tax Amount $11,866.79 Change Rate +0.062224% Assessed CR Tax Rate +0.009568%
Year 2019 Assessed Value $962,261 Land Value $235,000 Improvement Value $727,261 Tax Amount $11,171.65 Change Rate +0.060566% Assessed CR Tax Rate +0.01161%
Year 2018 Assessed Value $962,261 Land Value $235,000 Improvement Value $727,261 Tax Amount $10,533.67 Change Rate +0.050173% Assessed CR Tax Rate +0.010947%
Year 2017 Assessed Value $414,500 Land Value $235,000 Improvement Value $179,500 Tax Amount $10,030.41 Change Rate +1.375231% Assessed CR Tax Rate +0.024199%
Year 2016 Assessed Value $414,500 Land Value $235,000 Improvement Value $179,500 Tax Amount $4,222.92 Change Rate +0.568657% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $258,046 Land Value $160,000 Improvement Value $98,046 Tax Amount $2,692.06 Change Rate +0.054263% Assessed CR Tax Rate +0.010432%
Year 2014 Assessed Value $258,046 Land Value $160,000 Improvement Value $98,046 Tax Amount $2,553.5 Change Rate Assessed CR Tax Rate +0.009896%