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7516 Grist Mill Rd; Raleigh, NC Property Details

7516 Grist Mill Rd, Raleigh, NC is a Single Family that was built in 2024. This property is currently a cash purchase and is not for sale. Our records show that 7516 Grist Mill Rd has 5 bedrooms, and 3.5 bathrooms, and a total of 4,649 square feet. The lot size of 7516 Grist Mill Rd is 13,939 square feet.

Off market
7516 Grist Mill Rd Raleigh, NC 27615
$2,450,000 Listing Price
5 Beds
3.5 Baths
4,649 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2024
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $2,227,252
  • Est. Equity / %: $439,748 / 16.49%
  • Gross Yield: 3.909%
  • APN: 1717.06-27-7822-000
  • Situs County: Wake
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 4,649/SqFt
  • Lot: 13,939/SqFt
  • Gross: 4,649/SqFt
  • Garage: 441/SqFt
  • Living: 4,649/SqFt
  • Basement: 655/SqFt
  • Building: 4,649/SqFt
  • Ground: 2,294/SqFt
  • Garage Unfinished: 441/SqFt
  • Price Per Square Foot: $107.55

Legal Description

  • Description: GT PT LT11 BLK19 N RDG HYMKT VL SE3
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: 35.88657 / -78.619415
  • Subdivision: North Rdg
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5411
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

7516 Grist Mill Rd has no associated ownership info
7516 Grist Mill Rd has no associated ownership info.

Taxes

7516 Grist Mill Rd has 10 associated Taxes items

7516 Grist Mill Rd, 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 $1,440,530. The APN we've located for 7516 Grist Mill Rd is 1717.06-27-7822-000.

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Taxes
  • Assessed Value:  $1,440,530
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1717.06-27-7822-000
  • Assessed Land Value:  472500
  • Market Land Value:  472500
  • Tax Amount:  4140.68
  • Tax Year:  2025
  • Market Value:  1440530
  • Market Year:  2025

Tax History

7516 Grist Mill Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,440,530 Land Value $472,500 Improvement Value $968,030 Tax Amount $4,140.68 Change Rate -0.254749% Assessed CR Tax Rate +0.002874%
Year 2024 Assessed Value $637,431 Land Value $472,500 Improvement Value $164,931 Tax Amount $5,556.09 Change Rate +0.273013% Assessed CR Tax Rate +0.008716%
Year 2023 Assessed Value $398,580 Land Value $152,000 Improvement Value $246,580 Tax Amount $4,364.52 Change Rate +0.076166% Assessed CR Tax Rate +0.01095%
Year 2022 Assessed Value $398,580 Land Value $152,000 Improvement Value $246,580 Tax Amount $4,055.62 Change Rate +0.040388% Assessed CR Tax Rate +0.010175%
Year 2021 Assessed Value $398,580 Land Value $152,000 Improvement Value $246,580 Tax Amount $3,898.18 Change Rate +0.018536% Assessed CR Tax Rate +0.00978%
Year 2020 Assessed Value $398,580 Land Value $152,000 Improvement Value $246,580 Tax Amount $3,827.24 Change Rate +0.00759% Assessed CR Tax Rate +0.009602%
Year 2019 Assessed Value $326,034 Land Value $135,000 Improvement Value $191,034 Tax Amount $3,798.41 Change Rate +0.060342% Assessed CR Tax Rate +0.01165%
Year 2018 Assessed Value $326,034 Land Value $135,000 Improvement Value $191,034 Tax Amount $3,582.25 Change Rate +0.049981% Assessed CR Tax Rate +0.010987%
Year 2017 Assessed Value $326,034 Land Value $135,000 Improvement Value $191,034 Tax Amount $3,411.73 Change Rate +0.020978% Assessed CR Tax Rate +0.010464%
Year 2016 Assessed Value $326,034 Land Value $135,000 Improvement Value $191,034 Tax Amount $3,341.63 Change Rate +0.085858% Assessed CR Tax Rate +0.010249%
Year 2015 Assessed Value $295,260 Land Value $135,000 Improvement Value $160,260 Tax Amount $3,077.41 Change Rate +0.054319% Assessed CR Tax Rate +0.010423%
Year 2014 Assessed Value $295,260 Land Value $135,000 Improvement Value $160,260 Tax Amount $2,918.86 Change Rate Assessed CR Tax Rate +0.009886%