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721 Colonial Dr; Raleigh, NC Property Details

721 Colonial Dr, Raleigh, NC is a Duplex 2 Units that was built in 1964. This property is currently Financed and is not for sale. Our records show that 721 Colonial Dr has 2 bathrooms, and a total of 1,917 square feet. The lot size of 721 Colonial Dr is 20,909 square feet.

Off market
721 Colonial Dr Raleigh, NC 27603
$162,500 Listing Price
2 Baths
1,917 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1964
  • Purchase Price: $162,500
  • Open Loans / Balance: 1 / $89,081
  • Est. Equity / %: $273,919 / 75.46%
  • APN: 1701.18-30-7676-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable

Measurements

  • Total: 1,917/SqFt
  • Lot: 20,909/SqFt
  • Gross: 1,917/SqFt
  • Living: 1,917/SqFt
  • Building: 1,917/SqFt
  • Ground: 1,917/SqFt
  • Price Per Square Foot: $84.77

Legal Description

  • Description: LO20 ECHO HEIGHTS SC2 BLA BM1955-113
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.702183 / -78.650444
  • Subdivision: Echo Heights
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 02

Amenities

  • Plus Four: 4731
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

721 Colonial Dr has no associated ownership info
721 Colonial Dr has no associated ownership info.

Taxes

721 Colonial Dr has 10 associated Taxes items

721 Colonial 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 $332,201. The APN we've located for 721 Colonial Dr is 1701.18-30-7676-000.

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Taxes
  • Assessed Value:  $332,201
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1701.18-30-7676-000
  • Assessed Land Value:  100000
  • Market Land Value:  100000
  • Tax Amount:  2164.76
  • Tax Year:  2025
  • Market Value:  332201
  • Market Year:  2025

Tax History

721 Colonial Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $332,201 Land Value $100,000 Improvement Value $232,201 Tax Amount $2,164.76 Change Rate +0.029382% Assessed CR Tax Rate +0.006516%
Year 2024 Assessed Value $332,201 Land Value $100,000 Improvement Value $232,201 Tax Amount $2,102.97 Change Rate +0.372051% Assessed CR Tax Rate +0.00633%
Year 2023 Assessed Value $191,448 Land Value $55,000 Improvement Value $136,448 Tax Amount $1,532.72 Change Rate +0.077377% Assessed CR Tax Rate +0.008006%
Year 2022 Assessed Value $191,448 Land Value $55,000 Improvement Value $136,448 Tax Amount $1,422.64 Change Rate +0.026947% Assessed CR Tax Rate +0.007431%
Year 2021 Assessed Value $191,448 Land Value $55,000 Improvement Value $136,448 Tax Amount $1,385.31 Change Rate +0.016435% Assessed CR Tax Rate +0.007236%
Year 2020 Assessed Value $191,448 Land Value $55,000 Improvement Value $136,448 Tax Amount $1,362.91 Change Rate +0.011436% Assessed CR Tax Rate +0.007119%
Year 2019 Assessed Value $160,096 Land Value $36,000 Improvement Value $124,096 Tax Amount $1,347.5 Change Rate +0.085503% Assessed CR Tax Rate +0.008417%
Year 2018 Assessed Value $160,096 Land Value $36,000 Improvement Value $124,096 Tax Amount $1,241.36 Change Rate +0.053536% Assessed CR Tax Rate +0.007754%
Year 2017 Assessed Value $160,096 Land Value $36,000 Improvement Value $124,096 Tax Amount $1,178.28 Change Rate +0.020094% Assessed CR Tax Rate +0.00736%
Year 2016 Assessed Value $160,096 Land Value $36,000 Improvement Value $124,096 Tax Amount $1,155.07 Change Rate +0.126139% Assessed CR Tax Rate +0.007215%
Year 2015 Assessed Value $141,928 Land Value $40,000 Improvement Value $101,928 Tax Amount $1,025.69 Change Rate +0.0532% Assessed CR Tax Rate +0.007227%
Year 2014 Assessed Value $141,928 Land Value $40,000 Improvement Value $101,928 Tax Amount $973.88 Change Rate Assessed CR Tax Rate +0.006862%