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724 Bailey Dr; Raleigh, NC Property Details

724 Bailey Dr, Raleigh, NC is a Single Family that was built in 1959. This property is currently a cash purchase and is not for sale. Our records show that 724 Bailey Dr has 1 bathroom, and a total of 975 square feet. The lot size of 724 Bailey Dr is 10,019 square feet.

Off market
724 Bailey Dr Raleigh, NC 27610
$193,217 Estimated Value
1 Baths
975 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1959
  • Purchase Price: $87,000
  • Est. Equity / %: $213,000 / 100%
  • Gross Yield: 7.031%
  • APN: 1713.17-00-6491-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 975/SqFt
  • Lot: 10,019/SqFt
  • Gross: 975/SqFt
  • Living: 975/SqFt
  • Building: 975/SqFt
  • Ground: 975/SqFt
  • Price Per Square Foot: $89.23

Legal Description

  • Description: LO11 ROCHESTER HGTS BLH
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.75635 / -78.6269
  • Subdivision: Rochester Hgts
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 01

Amenities

  • Heating Fuel Type: None
  • Plus Four: 4030
  • Cooling: None
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

724 Bailey Dr has no associated ownership info
724 Bailey Dr has no associated ownership info.

Taxes

724 Bailey Dr has 10 associated Taxes items

724 Bailey 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 $193,217. The APN we've located for 724 Bailey Dr is 1713.17-00-6491-000.

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Taxes
  • Assessed Value:  $193,217
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1713.17-00-6491-000
  • Assessed Land Value:  105000
  • Market Land Value:  105000
  • Tax Amount:  1705.05
  • Tax Year:  2025
  • Market Value:  193217
  • Market Year:  2025

Tax History

724 Bailey Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $193,217 Land Value $105,000 Improvement Value $88,217 Tax Amount $1,705.05 Change Rate +0.004099% Assessed CR Tax Rate +0.008825%
Year 2024 Assessed Value $193,217 Land Value $105,000 Improvement Value $88,217 Tax Amount $1,698.09 Change Rate +0.330531% Assessed CR Tax Rate +0.008789%
Year 2023 Assessed Value $115,252 Land Value $50,000 Improvement Value $65,252 Tax Amount $1,276.25 Change Rate +0.075253% Assessed CR Tax Rate +0.011074%
Year 2022 Assessed Value $115,252 Land Value $50,000 Improvement Value $65,252 Tax Amount $1,186.93 Change Rate +0.03989% Assessed CR Tax Rate +0.010299%
Year 2021 Assessed Value $115,252 Land Value $50,000 Improvement Value $65,252 Tax Amount $1,141.4 Change Rate +0.018298% Assessed CR Tax Rate +0.009904%
Year 2020 Assessed Value $115,252 Land Value $50,000 Improvement Value $65,252 Tax Amount $1,120.89 Change Rate +0.45555% Assessed CR Tax Rate +0.009726%
Year 2019 Assessed Value $64,723 Land Value $18,000 Improvement Value $46,723 Tax Amount $770.08 Change Rate +0.05901% Assessed CR Tax Rate +0.011898%
Year 2018 Assessed Value $64,723 Land Value $18,000 Improvement Value $46,723 Tax Amount $727.17 Change Rate +1.03889% Assessed CR Tax Rate +0.011235%
Year 2017 Assessed Value $64,723 Land Value $18,000 Improvement Value $46,723 Tax Amount $356.65 Change Rate +0.019874% Assessed CR Tax Rate +0.00551%
Year 2016 Assessed Value $64,723 Land Value $18,000 Improvement Value $46,723 Tax Amount $349.7 Change Rate -0.189646% Assessed CR Tax Rate +0.005403%
Year 2015 Assessed Value $79,487 Land Value $26,000 Improvement Value $53,487 Tax Amount $431.54 Change Rate +0.052049% Assessed CR Tax Rate +0.005429%
Year 2014 Assessed Value $79,487 Land Value $26,000 Improvement Value $53,487 Tax Amount $410.19 Change Rate Assessed CR Tax Rate +0.00516%