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7616 Derek Dr; Raleigh, NC Property Details

7616 Derek Dr, Raleigh, NC is a Single Family that was built in 2003. This property is currently Financed and is not for sale. Our records show that 7616 Derek Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 3,041 square feet. The lot size of 7616 Derek Dr is 8,712 square feet.

Off market
7616 Derek Dr Raleigh, NC 27613
$407,500 Listing Price
4 Beds
2.5 Baths
3,041 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $407,500
  • Open Loans / Balance: 1 / $276,427
  • Est. Equity / %: $437,573 / 61.28%
  • Gross Yield: 5.815%
  • APN: 0787.09-07-5117-000
  • Situs County: Wake
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 3,041/SqFt
  • Lot: 8,712/SqFt
  • Gross: 3,041/SqFt
  • Garage: 171/SqFt
  • Living: 3,041/SqFt
  • Building: 3,041/SqFt
  • Garage Unfinished: 171/SqFt
  • Price Per Square Foot: $134.00

Legal Description

  • Description: LO1093 LONG LAKES SUB P1 TR1 BM2002-0110
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: 35.88509 / -78.728195
  • Subdivision: Long Lakes Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5802
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $81
  • H O A Amount: $81
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

7616 Derek Dr has no associated ownership info
7616 Derek Dr has no associated ownership info.

Taxes

7616 Derek Dr has 10 associated Taxes items

7616 Derek 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 $649,231. The APN we've located for 7616 Derek Dr is 0787.09-07-5117-000.

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Taxes
  • Assessed Value:  $649,231
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0787.09-07-5117-000
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  5681.94
  • Tax Year:  2025
  • Market Value:  649231
  • Market Year:  2025

Tax History

7616 Derek Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $649,231 Land Value $175,000 Improvement Value $474,231 Tax Amount $5,681.94 Change Rate +0.00413% Assessed CR Tax Rate +0.008752%
Year 2024 Assessed Value $649,231 Land Value $175,000 Improvement Value $474,231 Tax Amount $5,658.57 Change Rate +0.290235% Assessed CR Tax Rate +0.008716%
Year 2023 Assessed Value $400,522 Land Value $90,000 Improvement Value $310,522 Tax Amount $4,385.69 Change Rate +0.076169% Assessed CR Tax Rate +0.01095%
Year 2022 Assessed Value $400,522 Land Value $90,000 Improvement Value $310,522 Tax Amount $4,075.28 Change Rate +0.040387% Assessed CR Tax Rate +0.010175%
Year 2021 Assessed Value $400,522 Land Value $90,000 Improvement Value $310,522 Tax Amount $3,917.08 Change Rate +0.01854% Assessed CR Tax Rate +0.00978%
Year 2020 Assessed Value $400,522 Land Value $90,000 Improvement Value $310,522 Tax Amount $3,845.78 Change Rate -0.050856% Assessed CR Tax Rate +0.009602%
Year 2019 Assessed Value $347,902 Land Value $90,000 Improvement Value $257,902 Tax Amount $4,051.84 Change Rate +0.060364% Assessed CR Tax Rate +0.011646%
Year 2018 Assessed Value $347,902 Land Value $90,000 Improvement Value $257,902 Tax Amount $3,821.18 Change Rate +0.049997% Assessed CR Tax Rate +0.010983%
Year 2017 Assessed Value $347,902 Land Value $90,000 Improvement Value $257,902 Tax Amount $3,639.23 Change Rate +0.020988% Assessed CR Tax Rate +0.010461%
Year 2016 Assessed Value $347,902 Land Value $90,000 Improvement Value $257,902 Tax Amount $3,564.42 Change Rate -0.061837% Assessed CR Tax Rate +0.010245%
Year 2015 Assessed Value $364,979 Land Value $108,000 Improvement Value $256,979 Tax Amount $3,799.36 Change Rate Assessed CR Tax Rate +0.01041%
Year 2014 Assessed Value $364,979 Land Value $108,000 Improvement Value $256,979 Tax Amount Change Rate Assessed CR Tax Rate