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706 Monroe Dr; Raleigh, NC Property Details

706 Monroe Dr, Raleigh, NC is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 706 Monroe Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,111 square feet. The lot size of 706 Monroe Dr is 9,148 square feet.

Off market
706 Monroe Dr Raleigh, NC 27604
$850,000 Listing Price
3 Beds
2.5 Baths
2,111 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1950
  • Purchase Price: $850,000
  • Open Loans / Balance: 1 / $645,019
  • Est. Equity / %: $226,981 / 26.03%
  • Gross Yield: 6.687%
  • APN: 1714.13-23-2203-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,111/SqFt
  • Lot: 9,148/SqFt
  • Gross: 2,111/SqFt
  • Living: 2,111/SqFt
  • Building: 2,111/SqFt
  • Ground: 2,111/SqFt
  • Price Per Square Foot: $402.65

Legal Description

  • Description: LO60 CAPITOL 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: 35.791584 / -78.62165
  • Subdivision: Capitol Heights
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

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

Ownership Info

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

Taxes

706 Monroe Dr has 10 associated Taxes items

706 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 $804,513. The APN we've located for 706 Monroe Dr is 1714.13-23-2203-000.

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Taxes
  • Assessed Value:  $804,513
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.13-23-2203-000
  • Assessed Land Value:  300000
  • Market Land Value:  300000
  • Tax Amount:  7036.16
  • Tax Year:  2025
  • Market Value:  804513
  • Market Year:  2025

Tax History

706 Monroe Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $804,513 Land Value $300,000 Improvement Value $504,513 Tax Amount $7,036.16 Change Rate +0.004134% Assessed CR Tax Rate +0.008746%
Year 2024 Assessed Value $804,513 Land Value $300,000 Improvement Value $504,513 Tax Amount $7,007.19 Change Rate +0.492578% Assessed CR Tax Rate +0.00871%
Year 2023 Assessed Value $428,871 Land Value $180,000 Improvement Value $248,871 Tax Amount $4,694.69 Change Rate +0.127975% Assessed CR Tax Rate +0.010947%
Year 2022 Assessed Value $409,091 Land Value $180,000 Improvement Value $229,091 Tax Amount $4,162.05 Change Rate +0.040393% Assessed CR Tax Rate +0.010174%
Year 2021 Assessed Value $409,091 Land Value $180,000 Improvement Value $229,091 Tax Amount $4,000.46 Change Rate +0.01854% Assessed CR Tax Rate +0.009779%
Year 2020 Assessed Value $409,091 Land Value $180,000 Improvement Value $229,091 Tax Amount $3,927.64 Change Rate +0.140284% Assessed CR Tax Rate +0.009601%
Year 2019 Assessed Value $295,491 Land Value $120,000 Improvement Value $175,491 Tax Amount $3,444.44 Change Rate +0.060307% Assessed CR Tax Rate +0.011657%
Year 2018 Assessed Value $295,491 Land Value $120,000 Improvement Value $175,491 Tax Amount $3,248.53 Change Rate +0.348419% Assessed CR Tax Rate +0.010994%
Year 2017 Assessed Value $229,658 Land Value $120,000 Improvement Value $109,658 Tax Amount $2,409.14 Change Rate +0.020926% Assessed CR Tax Rate +0.01049%
Year 2016 Assessed Value $229,658 Land Value $120,000 Improvement Value $109,658 Tax Amount $2,359.76 Change Rate +0.139452% Assessed CR Tax Rate +0.010275%
Year 2015 Assessed Value $198,065 Land Value $90,000 Improvement Value $108,065 Tax Amount $2,070.96 Change Rate Assessed CR Tax Rate +0.010456%
Year 2014 Assessed Value $198,065 Land Value $90,000 Improvement Value $108,065 Tax Amount Change Rate Assessed CR Tax Rate