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705 King Richard Rd; Raleigh, NC Property Details

705 King Richard Rd, Raleigh, NC is a Single Family that was built in 1962. This property is currently Financed and is not for sale. Our records show that 705 King Richard Rd has 4 bedrooms, and 2 bathrooms, and a total of 2,227 square feet. The lot size of 705 King Richard Rd is 34,412 square feet.

Off market
705 King Richard Rd Raleigh, NC 27610
$362,000 Listing Price
4 Beds
2 Baths
2,227 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $362,000
  • Open Loans / Balance: 1 / $94,953
  • Est. Equity / %: $266,047 / 73.7%
  • Gross Yield: 7.011%
  • APN: 1723.13-14-7921-000
  • Situs County: Wake
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 4
  • 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
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,227/SqFt
  • Lot: 34,412/SqFt
  • Gross: 2,227/SqFt
  • Garage: 540/SqFt
  • Living: 2,227/SqFt
  • Basement: 742/SqFt
  • Building: 2,227/SqFt
  • Ground: 2,227/SqFt
  • Garage Unfinished: 540/SqFt
  • Price Per Square Foot: $162.55

Legal Description

  • Description: LO82-84 SHERWOOD FOREST SUB BM1956-00084
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: 35.768593 / -78.58966
  • Subdivision: Sherwood Forest Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3748
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

705 King Richard Rd has no associated ownership info
705 King Richard Rd has no associated ownership info.

Taxes

705 King Richard Rd has 10 associated Taxes items

705 King Richard 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 $351,296. The APN we've located for 705 King Richard Rd is 1723.13-14-7921-000.

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Taxes
  • Assessed Value:  $351,296
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1723.13-14-7921-000
  • Assessed Land Value:  123500
  • Market Land Value:  123500
  • Tax Amount:  3083.65
  • Tax Year:  2025
  • Market Value:  351296
  • Market Year:  2025

Tax History

705 King Richard Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $351,296 Land Value $123,500 Improvement Value $227,796 Tax Amount $3,083.65 Change Rate +0.004119% Assessed CR Tax Rate +0.008778%
Year 2024 Assessed Value $351,296 Land Value $123,500 Improvement Value $227,796 Tax Amount $3,071 Change Rate +0.653769% Assessed CR Tax Rate +0.008742%
Year 2023 Assessed Value $168,530 Land Value $52,000 Improvement Value $116,530 Tax Amount $1,856.97 Change Rate +0.075656% Assessed CR Tax Rate +0.011019%
Year 2022 Assessed Value $168,530 Land Value $52,000 Improvement Value $116,530 Tax Amount $1,726.36 Change Rate +0.040101% Assessed CR Tax Rate +0.010244%
Year 2021 Assessed Value $168,530 Land Value $52,000 Improvement Value $116,530 Tax Amount $1,659.8 Change Rate +0.018407% Assessed CR Tax Rate +0.009849%
Year 2020 Assessed Value $168,530 Land Value $52,000 Improvement Value $116,530 Tax Amount $1,629.8 Change Rate +0.031408% Assessed CR Tax Rate +0.009671%
Year 2019 Assessed Value $134,625 Land Value $37,500 Improvement Value $97,125 Tax Amount $1,580.17 Change Rate +0.059862% Assessed CR Tax Rate +0.011738%
Year 2018 Assessed Value $134,625 Land Value $37,500 Improvement Value $97,125 Tax Amount $1,490.92 Change Rate +0.049574% Assessed CR Tax Rate +0.011075%
Year 2017 Assessed Value $134,625 Land Value $37,500 Improvement Value $97,125 Tax Amount $1,420.5 Change Rate +0.020797% Assessed CR Tax Rate +0.010552%
Year 2016 Assessed Value $134,625 Land Value $37,500 Improvement Value $97,125 Tax Amount $1,391.56 Change Rate -0.083094% Assessed CR Tax Rate +0.010337%
Year 2015 Assessed Value $144,633 Land Value $45,000 Improvement Value $99,633 Tax Amount $1,517.67 Change Rate +0.05393% Assessed CR Tax Rate +0.010493%
Year 2014 Assessed Value $144,633 Land Value $45,000 Improvement Value $99,633 Tax Amount $1,440.01 Change Rate Assessed CR Tax Rate +0.009956%