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705 Downpatrick Ln; Raleigh, NC Property Details

705 Downpatrick Ln, Raleigh, NC is a Single Family that was built in 1984. This property is currently Financed and is not for sale. Our records show that 705 Downpatrick Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,876 square feet. The lot size of 705 Downpatrick Ln is 43,124 square feet.

Off market
705 Downpatrick Ln Raleigh, NC 27615
$259,900 Listing Price
3 Beds
3 Baths
1,876 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Purchase Price: $260,000
  • Open Loans / Balance: 4 / $380,319
  • Est. Equity / %: $259,681 / 40.58%
  • Gross Yield: 6.219%
  • APN: 0798.02-77-9107-000
  • Situs County: Wake
  • Length Of Ownership: 21 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Roof Type: Gable
  • Deck: true

Measurements

  • Total: 1,876/SqFt
  • Lot: 43,124/SqFt
  • Gross: 1,876/SqFt
  • Garage: 484/SqFt
  • Living: 1,876/SqFt
  • Building: 1,876/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $138.59

Legal Description

  • Description: LO33 SHANNON WOODS PH1 BM1983-00962
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: 35.9124 / -78.66939
  • Subdivision: Shannon Woods Ph1
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Plus Four: 1520
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

705 Downpatrick Ln has no associated ownership info
705 Downpatrick Ln has no associated ownership info.

Taxes

705 Downpatrick Ln has 10 associated Taxes items

705 Downpatrick 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 $520,030. The APN we've located for 705 Downpatrick Ln is 0798.02-77-9107-000.

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Taxes
  • Assessed Value:  $520,030
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0798.02-77-9107-000
  • Assessed Land Value:  160000
  • Market Land Value:  160000
  • Tax Amount:  3346.12
  • Tax Year:  2025
  • Market Value:  520030
  • Market Year:  2025

Tax History

705 Downpatrick Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $520,030 Land Value $160,000 Improvement Value $360,030 Tax Amount $3,346.12 Change Rate +0.029772% Assessed CR Tax Rate +0.006434%
Year 2024 Assessed Value $520,030 Land Value $160,000 Improvement Value $360,030 Tax Amount $3,249.38 Change Rate +0.243163% Assessed CR Tax Rate +0.006248%
Year 2023 Assessed Value $332,666 Land Value $102,000 Improvement Value $230,666 Tax Amount $2,613.8 Change Rate +0.078959% Assessed CR Tax Rate +0.007857%
Year 2022 Assessed Value $332,666 Land Value $102,000 Improvement Value $230,666 Tax Amount $2,422.52 Change Rate +0.027515% Assessed CR Tax Rate +0.007282%
Year 2021 Assessed Value $332,666 Land Value $102,000 Improvement Value $230,666 Tax Amount $2,357.65 Change Rate +0.016785% Assessed CR Tax Rate +0.007087%
Year 2020 Assessed Value $332,666 Land Value $102,000 Improvement Value $230,666 Tax Amount $2,318.73 Change Rate -0.029207% Assessed CR Tax Rate +0.00697%
Year 2019 Assessed Value $290,007 Land Value $102,000 Improvement Value $188,007 Tax Amount $2,388.49 Change Rate +0.087546% Assessed CR Tax Rate +0.008236%
Year 2018 Assessed Value $290,007 Land Value $102,000 Improvement Value $188,007 Tax Amount $2,196.22 Change Rate +0.054886% Assessed CR Tax Rate +0.007573%
Year 2017 Assessed Value $290,007 Land Value $102,000 Improvement Value $188,007 Tax Amount $2,081.95 Change Rate +0.020614% Assessed CR Tax Rate +0.007179%
Year 2016 Assessed Value $290,007 Land Value $102,000 Improvement Value $188,007 Tax Amount $2,039.9 Change Rate -0.047528% Assessed CR Tax Rate +0.007034%
Year 2015 Assessed Value $305,498 Land Value $180,000 Improvement Value $125,498 Tax Amount $2,141.69 Change Rate +0.054926% Assessed CR Tax Rate +0.00701%
Year 2014 Assessed Value $305,498 Land Value $180,000 Improvement Value $125,498 Tax Amount $2,030.18 Change Rate Assessed CR Tax Rate +0.006645%