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720 Malbay Ln; Raleigh, NC Property Details

720 Malbay 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 720 Malbay Ln has 4 bedrooms, and 2 bathrooms, and a total of 2,644 square feet. The lot size of 720 Malbay Ln is 47,916 square feet.

Off market
720 Malbay Ln Raleigh, NC 27615
$435,000 Listing Price
4 Beds
2 Baths
2,644 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1984
  • Purchase Price: $435,000
  • Open Loans / Balance: 1 / $360,379
  • Est. Equity / %: $376,621 / 51.1%
  • Gross Yield: 6.966%
  • APN: 0798.02-68-9117-000
  • Situs County: Wake
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Roof Type: Gable
  • Pool Type: Yes
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,644/SqFt
  • Lot: 47,916/SqFt
  • Gross: 2,644/SqFt
  • Garage: 575/SqFt
  • Living: 2,644/SqFt
  • Building: 2,644/SqFt
  • Ground: 2,644/SqFt
  • Garage Unfinished: 575/SqFt
  • Price Per Square Foot: $164.52

Legal Description

  • Description: LO69 SHANNON WOODS PH2 BM1983-1134
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: 35.91517 / -78.6727
  • Subdivision: Shannon Woods Ph2
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Pool: true
  • Plus Four: 1542
  • 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

720 Malbay Ln has no associated ownership info
720 Malbay Ln has no associated ownership info.

Taxes

720 Malbay Ln has 10 associated Taxes items

720 Malbay 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 $639,250. The APN we've located for 720 Malbay Ln is 0798.02-68-9117-000.

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Taxes
  • Assessed Value:  $639,250
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0798.02-68-9117-000
  • Assessed Land Value:  128000
  • Market Land Value:  128000
  • Tax Amount:  4108.64
  • Tax Year:  2025
  • Market Value:  639250
  • Market Year:  2025

Tax History

720 Malbay Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $639,250 Land Value $128,000 Improvement Value $511,250 Tax Amount $4,108.64 Change Rate +0.029801% Assessed CR Tax Rate +0.006427%
Year 2024 Assessed Value $639,250 Land Value $128,000 Improvement Value $511,250 Tax Amount $3,989.74 Change Rate +0.138209% Assessed CR Tax Rate +0.006241%
Year 2023 Assessed Value $447,003 Land Value $86,700 Improvement Value $360,303 Tax Amount $3,505.28 Change Rate +0.079129% Assessed CR Tax Rate +0.007842%
Year 2022 Assessed Value $447,003 Land Value $86,700 Improvement Value $360,303 Tax Amount $3,248.25 Change Rate +0.027573% Assessed CR Tax Rate +0.007267%
Year 2021 Assessed Value $447,003 Land Value $86,700 Improvement Value $360,303 Tax Amount $3,161.09 Change Rate +0.016823% Assessed CR Tax Rate +0.007072%
Year 2020 Assessed Value $447,003 Land Value $86,700 Improvement Value $360,303 Tax Amount $3,108.79 Change Rate +0.338467% Assessed CR Tax Rate +0.006955%
Year 2019 Assessed Value $281,945 Land Value $76,500 Improvement Value $205,445 Tax Amount $2,322.65 Change Rate +0.087526% Assessed CR Tax Rate +0.008238%
Year 2018 Assessed Value $281,945 Land Value $76,500 Improvement Value $205,445 Tax Amount $2,135.72 Change Rate +0.054869% Assessed CR Tax Rate +0.007575%
Year 2017 Assessed Value $281,945 Land Value $76,500 Improvement Value $205,445 Tax Amount $2,024.63 Change Rate +0.020607% Assessed CR Tax Rate +0.007181%
Year 2016 Assessed Value $281,945 Land Value $76,500 Improvement Value $205,445 Tax Amount $1,983.75 Change Rate -0.144485% Assessed CR Tax Rate +0.007036%
Year 2015 Assessed Value $330,998 Land Value $135,000 Improvement Value $195,998 Tax Amount $2,318.78 Change Rate +0.054964% Assessed CR Tax Rate +0.007005%
Year 2014 Assessed Value $330,998 Land Value $135,000 Improvement Value $195,998 Tax Amount $2,197.97 Change Rate Assessed CR Tax Rate +0.00664%