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7221 Barn Owl Ln; Raleigh, NC Property Details

7221 Barn Owl Ln, Raleigh, NC is a Single Family that was built in 2022. This property is currently Financed and is not for sale. Our records show that 7221 Barn Owl Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 4,076 square feet. The lot size of 7221 Barn Owl Ln is 41,382 square feet.

Off market
7221 Barn Owl Ln Raleigh, NC 27614
$1,295,505 Listing Price
4 Beds
3.5 Baths
4,076 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $1,043,000
  • Open Loans / Balance: 1 / $880,213
  • Est. Equity / %: $724,787 / 45.16%
  • Gross Yield: 1.906%
  • APN: 0891.04-90-0744-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Quality: A
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 4,076/SqFt
  • Lot: 41,382/SqFt
  • Gross: 4,076/SqFt
  • Living: 4,076/SqFt
  • Building: 4,076/SqFt
  • Price Per Square Foot: $255.89

Legal Description

  • Description: LO60 FALLS RESERVE THE RESERVE AT FALLS
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: 35.977142 / -78.66527
  • Subdivision: Falls Reserve The Reserve
  • Property Class: Residential
  • Zoning: R-80W
  • County Use Code: 01

Amenities

  • Plus Four: 7693
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $1,200
  • H O A Amount: $1,200
  • H O A One Frequency: Annual
  • H O A One Name: Falls Reserve Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7221 Barn Owl Ln has no associated ownership info
7221 Barn Owl Ln has no associated ownership info.

Taxes

7221 Barn Owl Ln has 10 associated Taxes items

7221 Barn Owl 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 $1,618,773. The APN we've located for 7221 Barn Owl Ln is 0891.04-90-0744-000.

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Taxes
  • Assessed Value:  $1,618,773
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0891.04-90-0744-000
  • Assessed Land Value:  275000
  • Market Land Value:  275000
  • Tax Amount:  10373.68
  • Tax Year:  2025
  • Market Value:  1618773
  • Market Year:  2025

Tax History

7221 Barn Owl Ln has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,618,773 Land Value $275,000 Improvement Value $1,343,773 Tax Amount $10,373.68 Change Rate +0.073591% Assessed CR Tax Rate +0.006408%
Year 2024 Assessed Value $1,552,754 Land Value $275,000 Improvement Value $1,277,754 Tax Amount $9,662.6 Change Rate +0.20235% Assessed CR Tax Rate +0.006223%
Year 2023 Assessed Value $1,028,143 Land Value $210,000 Improvement Value $818,143 Tax Amount $8,036.43 Change Rate +1.988909% Assessed CR Tax Rate +0.007816%
Year 2022 Assessed Value $372,300 Land Value $210,000 Improvement Value $162,300 Tax Amount $2,688.75 Change Rate +0.822054% Assessed CR Tax Rate +0.007222%
Year 2021 Assessed Value $210,000 Land Value $210,000 Improvement Value Tax Amount $1,475.67 Change Rate +0.016932% Assessed CR Tax Rate +0.007027%
Year 2020 Assessed Value $210,000 Land Value $210,000 Improvement Value Tax Amount $1,451.1 Change Rate Assessed CR Tax Rate +0.00691%
Year 2019 Assessed Value $185,000 Land Value $185,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate