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7240 Shellburne Dr; Raleigh, NC Property Details

7240 Shellburne Dr, Raleigh, NC is a Single Family that was built in 1984. This property is not for sale. Our records show that 7240 Shellburne Dr has 1.5 bathrooms, and a total of 1,184 square feet. The lot size of 7240 Shellburne Dr is 3,049 square feet.

Off market
7240 Shellburne Dr Raleigh, NC 27612
$250,774 Estimated Value
1.5 Baths
1,184 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1984
  • Purchase Price: $56,000
  • Est. Equity / %: $277,000 / 100%
  • Gross Yield: 7.945%
  • APN: 1707.14-22-6639-000
  • Situs County: Wake
  • Length Of Ownership: 39 years, 2 months

Rooms

  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,184/SqFt
  • Lot: 3,049/SqFt
  • Gross: 1,184/SqFt
  • Living: 1,184/SqFt
  • Building: 1,184/SqFt
  • Price Per Square Foot: $47.30

Legal Description

  • Description: LON4 VILLAGE ON THE GREEN SC4B BM1984-00
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.872585 / -78.65356
  • Subdivision: Village On The Green
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2480
  • Cooling: Central
  • 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

7240 Shellburne Dr has no associated ownership info
7240 Shellburne Dr has no associated ownership info.

Taxes

7240 Shellburne Dr has 10 associated Taxes items

7240 Shellburne 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 $250,774. The APN we've located for 7240 Shellburne Dr is 1707.14-22-6639-000.

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Taxes
  • Assessed Value:  $250,774
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1707.14-22-6639-000
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  1113.5
  • Tax Year:  2025
  • Market Value:  250774
  • Market Year:  2025

Tax History

7240 Shellburne Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $250,774 Land Value $90,000 Improvement Value $160,774 Tax Amount $1,113.5 Change Rate +0.004076% Assessed CR Tax Rate +0.00444%
Year 2024 Assessed Value $250,774 Land Value $90,000 Improvement Value $160,774 Tax Amount $1,108.98 Change Rate +0.359077% Assessed CR Tax Rate +0.004422%
Year 2023 Assessed Value $146,053 Land Value $50,000 Improvement Value $96,053 Tax Amount $815.98 Change Rate -0.455574% Assessed CR Tax Rate +0.005587%
Year 2022 Assessed Value $146,053 Land Value $50,000 Improvement Value $96,053 Tax Amount $1,498.79 Change Rate +0.040032% Assessed CR Tax Rate +0.010262%
Year 2021 Assessed Value $146,053 Land Value $50,000 Improvement Value $96,053 Tax Amount $1,441.1 Change Rate +0.018373% Assessed CR Tax Rate +0.009867%
Year 2020 Assessed Value $146,053 Land Value $50,000 Improvement Value $96,053 Tax Amount $1,415.1 Change Rate +0.185235% Assessed CR Tax Rate +0.009689%
Year 2019 Assessed Value $101,298 Land Value $25,000 Improvement Value $76,298 Tax Amount $1,193.94 Change Rate +0.059603% Assessed CR Tax Rate +0.011786%
Year 2018 Assessed Value $101,298 Land Value $25,000 Improvement Value $76,298 Tax Amount $1,126.78 Change Rate +0.049339% Assessed CR Tax Rate +0.011123%
Year 2017 Assessed Value $101,298 Land Value $25,000 Improvement Value $76,298 Tax Amount $1,073.8 Change Rate +0.020703% Assessed CR Tax Rate +0.0106%
Year 2016 Assessed Value $101,298 Land Value $25,000 Improvement Value $76,298 Tax Amount $1,052.02 Change Rate +0.005256% Assessed CR Tax Rate +0.010385%
Year 2015 Assessed Value $99,133 Land Value $25,300 Improvement Value $73,833 Tax Amount $1,046.52 Change Rate Assessed CR Tax Rate +0.010557%
Year 2014 Assessed Value $99,133 Land Value $25,300 Improvement Value $73,833 Tax Amount Change Rate Assessed CR Tax Rate