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706 Tower St; Raleigh, NC Property Details

706 Tower St, Raleigh, NC is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 706 Tower St has 2 bedrooms, and 3.5 bathrooms, and a total of 3,314 square feet. The lot size of 706 Tower St is 6,098 square feet.

Off market
706 Tower St Raleigh, NC 27607
$490,000 Listing Price
2 Beds
3.5 Baths
3,314 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $490,000
  • Open Loans / Balance: 4 / $921,386
  • Est. Equity / %: $253,614 / 21.58%
  • Gross Yield: 5.189%
  • APN: 0794.16-94-8102-000
  • Situs County: Wake
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,314/SqFt
  • Lot: 6,098/SqFt
  • Gross: 3,314/SqFt
  • Living: 3,314/SqFt
  • Building: 3,314/SqFt
  • Price Per Square Foot: $147.86

Legal Description

  • Description: PROP OF ERIC W SMITH BUILDER INC
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: 35.794136 / -78.66347
  • Subdivision: Property/Eric W Smith Bldr Inc
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7363
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

706 Tower St has no associated ownership info
706 Tower St has no associated ownership info.

Taxes

706 Tower St has 10 associated Taxes items

706 Tower St, 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 $897,506. The APN we've located for 706 Tower St is 0794.16-94-8102-000.

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Taxes
  • Assessed Value:  $897,506
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.16-94-8102-000
  • Assessed Land Value:  400000
  • Market Land Value:  400000
  • Tax Amount:  7847.15
  • Tax Year:  2025
  • Market Value:  897506
  • Market Year:  2025

Tax History

706 Tower St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $897,506 Land Value $400,000 Improvement Value $497,506 Tax Amount $7,847.15 Change Rate +0.004134% Assessed CR Tax Rate +0.008743%
Year 2024 Assessed Value $897,506 Land Value $400,000 Improvement Value $497,506 Tax Amount $7,814.84 Change Rate +0.099737% Assessed CR Tax Rate +0.008707%
Year 2023 Assessed Value $650,101 Land Value $275,000 Improvement Value $375,101 Tax Amount $7,106.1 Change Rate +0.07631% Assessed CR Tax Rate +0.010931%
Year 2022 Assessed Value $650,101 Land Value $275,000 Improvement Value $375,101 Tax Amount $6,602.28 Change Rate +0.040468% Assessed CR Tax Rate +0.010156%
Year 2021 Assessed Value $650,101 Land Value $275,000 Improvement Value $375,101 Tax Amount $6,345.49 Change Rate +0.018575% Assessed CR Tax Rate +0.009761%
Year 2020 Assessed Value $650,101 Land Value $275,000 Improvement Value $375,101 Tax Amount $6,229.77 Change Rate +0.048769% Assessed CR Tax Rate +0.009583%
Year 2019 Assessed Value $510,836 Land Value $160,000 Improvement Value $350,836 Tax Amount $5,940.08 Change Rate +0.060465% Assessed CR Tax Rate +0.011628%
Year 2018 Assessed Value $510,836 Land Value $160,000 Improvement Value $350,836 Tax Amount $5,601.39 Change Rate +0.050084% Assessed CR Tax Rate +0.010965%
Year 2017 Assessed Value $510,836 Land Value $160,000 Improvement Value $350,836 Tax Amount $5,334.23 Change Rate +0.021023% Assessed CR Tax Rate +0.010442%
Year 2016 Assessed Value $510,836 Land Value $160,000 Improvement Value $350,836 Tax Amount $5,224.4 Change Rate -0.083431% Assessed CR Tax Rate +0.010227%
Year 2015 Assessed Value $548,523 Land Value $202,860 Improvement Value $345,663 Tax Amount $5,699.95 Change Rate Assessed CR Tax Rate +0.010391%
Year 2014 Assessed Value $569,692 Land Value $202,860 Improvement Value $366,832 Tax Amount Change Rate Assessed CR Tax Rate