Taxes
- Assessed Value: $308,063
- Assessed Year: 2025
- Assessed County: Wake
- APN: 1701.18-31-8480-000
- Assessed Land Value: 100000
- Market Land Value: 100000
- Tax Amount: 1990.37
- Tax Year: 2025
- Market Value: 308063
- Market Year: 2025
721 Locust Ln; Raleigh, NC Property Details
Off market
721 Locust Ln Raleigh, NC 27603
$216,500 Listing Price
3 Beds
2 Baths
2,147 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1982
- Purchase Price: $217,000
- Open Loans / Balance: 1 / $137,198
- Est. Equity / %: $263,802 / 65.79%
- Gross Yield: 4.611%
- APN: 1701.18-31-8480-000
- Situs County: Wake
- Length Of Ownership: 9 years, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 5
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Good
- Building Quality: C
- Roof Type: Gable
- Deck: true
Measurements
- Total: 2,147/SqFt
- Lot: 40,511/SqFt
- Gross: 2,147/SqFt
- Living: 2,147/SqFt
- Basement: 912/SqFt
- Building: 2,147/SqFt
- Ground: 2,147/SqFt
- Price Per Square Foot: $101.07
Legal Description
- Description: LO002 ECHO HGTS SUB BM1966-00148
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: 35.704132 / -78.650024
- Subdivision: Echo Hgts Sub
- Property Class: Residential
- Zoning: R2
- County Use Code: 01
Amenities
- Plus Four: 4357
- Cooling: Central
- Garage: Carport
- Heating: Forced air unit
Ownership Info
721 Locust Ln has no associated ownership info
721 Locust Ln has no associated ownership info.
Taxes
721 Locust Ln has 10 associated Taxes items
721 Locust 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 $308,063. The APN we've located for 721 Locust Ln is 1701.18-31-8480-000.
Unlock the full reportTax History
721 Locust Ln has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $308,063 | Land Value $100,000 | Improvement Value $208,063 | Tax Amount $1,990.37 | Change Rate +0.029642% | Assessed CR | Tax Rate +0.006461% |
| Year 2024 | Assessed Value $308,063 | Land Value $100,000 | Improvement Value $208,063 | Tax Amount $1,933.07 | Change Rate +0.29853% | Assessed CR | Tax Rate +0.006275% |
| Year 2023 | Assessed Value $188,363 | Land Value $55,000 | Improvement Value $133,363 | Tax Amount $1,488.66 | Change Rate +0.078458% | Assessed CR | Tax Rate +0.007903% |
| Year 2022 | Assessed Value $188,363 | Land Value $55,000 | Improvement Value $133,363 | Tax Amount $1,380.36 | Change Rate +0.027336% | Assessed CR | Tax Rate +0.007328% |
| Year 2021 | Assessed Value $188,363 | Land Value $55,000 | Improvement Value $133,363 | Tax Amount $1,343.63 | Change Rate +0.016677% | Assessed CR | Tax Rate +0.007133% |
| Year 2020 | Assessed Value $188,363 | Land Value $55,000 | Improvement Value $133,363 | Tax Amount $1,321.59 | Change Rate +0.025721% | Assessed CR | Tax Rate +0.007016% |
| Year 2019 | Assessed Value $155,314 | Land Value $36,000 | Improvement Value $119,314 | Tax Amount $1,288.45 | Change Rate +0.086868% | Assessed CR | Tax Rate +0.008296% |
| Year 2018 | Assessed Value $155,314 | Land Value $36,000 | Improvement Value $119,314 | Tax Amount $1,185.47 | Change Rate +0.054426% | Assessed CR | Tax Rate +0.007633% |
| Year 2017 | Assessed Value $155,314 | Land Value $36,000 | Improvement Value $119,314 | Tax Amount $1,124.28 | Change Rate | Assessed CR | Tax Rate +0.007239% |
| Year 2016 | Assessed Value $155,314 | Land Value $36,000 | Improvement Value $119,314 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $159,977 | Land Value $40,000 | Improvement Value $119,977 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $159,477 | Land Value $40,000 | Improvement Value $119,477 | Tax Amount | Change Rate | Assessed CR | Tax Rate |