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705 Monroe Dr; Raleigh, NC Property Details

705 Monroe Dr, Raleigh, NC is a Single Family that was built in 1947. This property is currently Financed and is not for sale. Our records show that 705 Monroe Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,965 square feet. The lot size of 705 Monroe Dr is 9,583 square feet.

Off market
705 Monroe Dr Raleigh, NC 27604
$287,500 Listing Price
2 Beds
2 Baths
1,965 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1947
  • Purchase Price: $287,500
  • Open Loans / Balance: 1 / $543,456
  • Est. Equity / %: $72,544 / 11.78%
  • Gross Yield: 6.66%
  • APN: 1714.13-23-1457-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 3 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,965/SqFt
  • Lot: 9,583/SqFt
  • Gross: 1,965/SqFt
  • Living: 1,965/SqFt
  • Building: 1,965/SqFt
  • Ground: 1,965/SqFt
  • Price Per Square Foot: $146.31

Legal Description

  • Description: LO40 CAPITAL HEIGHTS 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: 35.792164 / -78.6218
  • Subdivision: Capital Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2356
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

705 Monroe Dr has 10 associated Taxes items

705 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 $566,162. The APN we've located for 705 Monroe Dr is 1714.13-23-1457-000.

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Taxes
  • Assessed Value:  $566,162
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.13-23-1457-000
  • Assessed Land Value:  240000
  • Market Land Value:  240000
  • Tax Amount:  4957.5
  • Tax Year:  2025
  • Market Value:  566162
  • Market Year:  2025

Tax History

705 Monroe Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $566,162 Land Value $240,000 Improvement Value $326,162 Tax Amount $4,957.5 Change Rate -0.025363% Assessed CR Tax Rate +0.008756%
Year 2024 Assessed Value $583,364 Land Value $240,000 Improvement Value $343,364 Tax Amount $5,086.51 Change Rate +0.10415% Assessed CR Tax Rate +0.008719%
Year 2023 Assessed Value $420,800 Land Value $180,000 Improvement Value $240,800 Tax Amount $4,606.72 Change Rate +0.404372% Assessed CR Tax Rate +0.010948%
Year 2022 Assessed Value $322,002 Land Value $180,000 Improvement Value $142,002 Tax Amount $3,280.27 Change Rate +0.040338% Assessed CR Tax Rate +0.010187%
Year 2021 Assessed Value $322,002 Land Value $180,000 Improvement Value $142,002 Tax Amount $3,153.08 Change Rate +0.018516% Assessed CR Tax Rate +0.009792%
Year 2020 Assessed Value $322,002 Land Value $180,000 Improvement Value $142,002 Tax Amount $3,095.76 Change Rate +0.22305% Assessed CR Tax Rate +0.009614%
Year 2019 Assessed Value $216,686 Land Value $120,000 Improvement Value $96,686 Tax Amount $2,531.18 Change Rate +0.060176% Assessed CR Tax Rate +0.011681%
Year 2018 Assessed Value $216,686 Land Value $120,000 Improvement Value $96,686 Tax Amount $2,387.51 Change Rate +0.070882% Assessed CR Tax Rate +0.011018%
Year 2017 Assessed Value $212,389 Land Value $120,000 Improvement Value $92,389 Tax Amount $2,229.48 Change Rate +0.020908% Assessed CR Tax Rate +0.010497%
Year 2016 Assessed Value $212,389 Land Value $120,000 Improvement Value $92,389 Tax Amount $2,183.82 Change Rate +0.184265% Assessed CR Tax Rate +0.010282%
Year 2015 Assessed Value $176,149 Land Value $90,000 Improvement Value $86,149 Tax Amount $1,844.03 Change Rate +0.054075% Assessed CR Tax Rate +0.010469%
Year 2014 Assessed Value $176,149 Land Value $90,000 Improvement Value $86,149 Tax Amount $1,749.43 Change Rate Assessed CR Tax Rate +0.009932%