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8516 Bright Loop; Raleigh, NC Property Details

8516 Bright Loop, Raleigh, NC is a Single Family that was built in 2004. This property is currently a cash purchase and is not for sale. Our records show that 8516 Bright Loop has 3 bedrooms, and 2.5 bathrooms, and a total of 1,386 square feet. The lot size of 8516 Bright Loop is 1,307 square feet.

Off market
8516 Bright Loop Raleigh, NC 27613
$360,000 Listing Price
3 Beds
2.5 Baths
1,386 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $360,000
  • Est. Equity / %: $311,000 / 100%
  • Gross Yield: 7.37%
  • APN: 0777.02-86-0827-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,386/SqFt
  • Lot: 1,307/SqFt
  • Gross: 1,386/SqFt
  • Living: 1,386/SqFt
  • Building: 1,386/SqFt
  • Price Per Square Foot: $259.74

Legal Description

  • Description: LO70 LONG LAKE TRACE BM2003-690
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: 35.884274 / -78.736595
  • Subdivision: Long Lake Trace
  • Property Class: Residential
  • Zoning: RX-3
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6938
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $84
  • H O A Amount: $84
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

8516 Bright Loop has no associated ownership info
8516 Bright Loop has no associated ownership info.

Taxes

8516 Bright Loop has 10 associated Taxes items

8516 Bright Loop, 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 $320,487. The APN we've located for 8516 Bright Loop is 0777.02-86-0827-000.

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Taxes
  • Assessed Value:  $320,487
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0777.02-86-0827-000
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  2814.97
  • Tax Year:  2025
  • Market Value:  320487
  • Market Year:  2025

Tax History

8516 Bright Loop has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $320,487 Land Value $90,000 Improvement Value $230,487 Tax Amount $2,814.97 Change Rate +0.004116% Assessed CR Tax Rate +0.008783%
Year 2024 Assessed Value $320,487 Land Value $90,000 Improvement Value $230,487 Tax Amount $2,803.43 Change Rate +0.232082% Assessed CR Tax Rate +0.008747%
Year 2023 Assessed Value $206,914 Land Value $45,000 Improvement Value $161,914 Tax Amount $2,275.36 Change Rate +0.07582% Assessed CR Tax Rate +0.010997%
Year 2022 Assessed Value $206,914 Land Value $45,000 Improvement Value $161,914 Tax Amount $2,115 Change Rate +0.040196% Assessed CR Tax Rate +0.010222%
Year 2021 Assessed Value $206,914 Land Value $45,000 Improvement Value $161,914 Tax Amount $2,033.27 Change Rate +0.018448% Assessed CR Tax Rate +0.009827%
Year 2020 Assessed Value $206,914 Land Value $45,000 Improvement Value $161,914 Tax Amount $1,996.44 Change Rate +0.070529% Assessed CR Tax Rate +0.009649%
Year 2019 Assessed Value $159,195 Land Value $45,000 Improvement Value $114,195 Tax Amount $1,864.91 Change Rate +0.059993% Assessed CR Tax Rate +0.011715%
Year 2018 Assessed Value $159,195 Land Value $45,000 Improvement Value $114,195 Tax Amount $1,759.36 Change Rate +0.049669% Assessed CR Tax Rate +0.011052%
Year 2017 Assessed Value $159,195 Land Value $45,000 Improvement Value $114,195 Tax Amount $1,676.11 Change Rate +0.020848% Assessed CR Tax Rate +0.010529%
Year 2016 Assessed Value $159,195 Land Value $45,000 Improvement Value $114,195 Tax Amount $1,641.88 Change Rate +0.023367% Assessed CR Tax Rate +0.010314%
Year 2015 Assessed Value $153,008 Land Value $38,000 Improvement Value $115,008 Tax Amount $1,604.39 Change Rate +0.053967% Assessed CR Tax Rate +0.010486%
Year 2014 Assessed Value $153,008 Land Value $38,000 Improvement Value $115,008 Tax Amount $1,522.24 Change Rate Assessed CR Tax Rate +0.009949%