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704 Monroe Dr; Raleigh, NC Property Details

704 Monroe Dr, Raleigh, NC is a Single Family that was built in 1951. This property is currently a cash purchase and is not for sale. Our records show that 704 Monroe Dr has 2 bathrooms, and a total of 1,152 square feet. The lot size of 704 Monroe Dr is 9,148 square feet.

Off market
704 Monroe Dr Raleigh, NC 27604
$468,802 Estimated Value
2 Baths
1,152 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1951
  • Purchase Price: $52,000
  • Est. Equity / %: $481,000 / 100%
  • Gross Yield: 7.063%
  • APN: 1714.13-23-1256-000
  • Situs County: Wake
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,152/SqFt
  • Lot: 9,148/SqFt
  • Gross: 1,152/SqFt
  • Living: 1,152/SqFt
  • Building: 1,152/SqFt
  • Ground: 1,152/SqFt
  • Price Per Square Foot: $45.14

Legal Description

  • Description: LO61 CAPITOL HGTS BM1945-00113
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: 35.791595 / -78.62185
  • Subdivision: Capitol Hgts
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2357
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

704 Monroe Dr has no associated ownership info
704 Monroe Dr has no associated ownership info.

Taxes

704 Monroe Dr has 10 associated Taxes items

704 Monroe 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 $468,802. The APN we've located for 704 Monroe Dr is 1714.13-23-1256-000.

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Taxes
  • Assessed Value:  $468,802
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.13-23-1256-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  4108.43
  • Tax Year:  2025
  • Market Value:  468802
  • Market Year:  2025

Tax History

704 Monroe Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $468,802 Land Value $300,000 Improvement Value $168,802 Tax Amount $4,108.43 Change Rate +0.004126% Assessed CR Tax Rate +0.008764%
Year 2024 Assessed Value $468,802 Land Value $300,000 Improvement Value $168,802 Tax Amount $4,091.55 Change Rate +0.204293% Assessed CR Tax Rate +0.008728%
Year 2023 Assessed Value $309,860 Land Value $180,000 Improvement Value $129,860 Tax Amount $3,397.47 Change Rate +0.076058% Assessed CR Tax Rate +0.010965%
Year 2022 Assessed Value $309,860 Land Value $180,000 Improvement Value $129,860 Tax Amount $3,157.33 Change Rate +0.040327% Assessed CR Tax Rate +0.01019%
Year 2021 Assessed Value $309,860 Land Value $180,000 Improvement Value $129,860 Tax Amount $3,034.94 Change Rate +0.018511% Assessed CR Tax Rate +0.009795%
Year 2020 Assessed Value $309,860 Land Value $180,000 Improvement Value $129,860 Tax Amount $2,979.78 Change Rate +0.2505% Assessed CR Tax Rate +0.009617%
Year 2019 Assessed Value $203,889 Land Value $120,000 Improvement Value $83,889 Tax Amount $2,382.87 Change Rate +0.060142% Assessed CR Tax Rate +0.011687%
Year 2018 Assessed Value $203,889 Land Value $120,000 Improvement Value $83,889 Tax Amount $2,247.69 Change Rate +0.049802% Assessed CR Tax Rate +0.011024%
Year 2017 Assessed Value $203,889 Land Value $120,000 Improvement Value $83,889 Tax Amount $2,141.06 Change Rate Assessed CR Tax Rate +0.010501%
Year 2016 Assessed Value $203,889 Land Value $120,000 Improvement Value $83,889 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $180,538 Land Value $90,000 Improvement Value $90,538 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $180,538 Land Value $90,000 Improvement Value $90,538 Tax Amount Change Rate Assessed CR Tax Rate