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7021 Sorrell Ln; Raleigh, NC Property Details

7021 Sorrell Ln, Raleigh, NC is a Single Family that was built in 1973. This property is currently Financed and is not for sale. Our records show that 7021 Sorrell Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,080 square feet. The lot size of 7021 Sorrell Ln is 22,651 square feet.

Off market
7021 Sorrell Ln Raleigh, NC 27603
$85,000 Listing Price
3 Beds
2 Baths
1,080 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Purchase Price: $85,000
  • Est. Equity / %: $303,000 / 100%
  • Gross Yield: 4.741%
  • APN: 0790.03-41-4863-000
  • Situs County: Wake
  • Length Of Ownership: 26 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,080/SqFt
  • Lot: 22,651/SqFt
  • Gross: 1,080/SqFt
  • Living: 1,080/SqFt
  • Building: 1,080/SqFt
  • Ground: 1,080/SqFt
  • Price Per Square Foot: $78.70

Legal Description

  • Description: LO14 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: 35.677948 / -78.681946
  • Subdivision: Oak Ridge Valley
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

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

Ownership Info

7021 Sorrell Ln has no associated ownership info
7021 Sorrell Ln has no associated ownership info.

Taxes

7021 Sorrell Ln has 10 associated Taxes items

7021 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 $228,187. The APN we've located for 7021 Sorrell Ln is 0790.03-41-4863-000.

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Taxes
  • Assessed Value:  $228,187
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0790.03-41-4863-000
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  1479.48
  • Tax Year:  2025
  • Market Value:  228187
  • Market Year:  2025

Tax History

7021 Sorrell Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $228,187 Land Value $100,000 Improvement Value $128,187 Tax Amount $1,479.48 Change Rate +0.029533% Assessed CR Tax Rate +0.006484%
Year 2024 Assessed Value $228,187 Land Value $100,000 Improvement Value $128,187 Tax Amount $1,437.04 Change Rate +0.290666% Assessed CR Tax Rate +0.006298%
Year 2023 Assessed Value $140,234 Land Value $30,000 Improvement Value $110,234 Tax Amount $1,113.41 Change Rate +0.078081% Assessed CR Tax Rate +0.00794%
Year 2022 Assessed Value $140,234 Land Value $30,000 Improvement Value $110,234 Tax Amount $1,032.77 Change Rate +0.027203% Assessed CR Tax Rate +0.007365%
Year 2021 Assessed Value $140,234 Land Value $30,000 Improvement Value $110,234 Tax Amount $1,005.42 Change Rate +0.016592% Assessed CR Tax Rate +0.00717%
Year 2020 Assessed Value $140,234 Land Value $30,000 Improvement Value $110,234 Tax Amount $989.01 Change Rate +0.131099% Assessed CR Tax Rate +0.007053%
Year 2019 Assessed Value $104,614 Land Value $30,000 Improvement Value $74,614 Tax Amount $874.38 Change Rate +0.086159% Assessed CR Tax Rate +0.008358%
Year 2018 Assessed Value $104,614 Land Value $30,000 Improvement Value $74,614 Tax Amount $805.02 Change Rate Assessed CR Tax Rate +0.007695%
Year 2017 Assessed Value $104,614 Land Value $30,000 Improvement Value $74,614 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $104,614 Land Value $30,000 Improvement Value $74,614 Tax Amount $748.64 Change Rate Assessed CR Tax Rate +0.007156%
Year 2015 Assessed Value $111,323 Land Value $32,000 Improvement Value $79,323 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $111,323 Land Value $32,000 Improvement Value $79,323 Tax Amount $752.51 Change Rate Assessed CR Tax Rate +0.00676%