Large Location Icon

8516 Morgans Way; Raleigh, NC Property Details

8516 Morgans Way, Raleigh, NC is a Single Family that was built in 1980. This property is currently a cash purchase and is not for sale. Our records show that 8516 Morgans Way has 3 bedrooms, and 1.5 bathrooms, and a total of 1,952 square feet. The lot size of 8516 Morgans Way is 53,579 square feet.

Off market
8516 Morgans Way Raleigh, NC 27613
$316,001 Listing Price
3 Beds
1.5 Baths
1,952 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $316,500
  • Est. Equity / %: $588,000 / 100%
  • Gross Yield: 6.186%
  • APN: 0798.18-31-3428-000
  • Situs County: Wake
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Building Condition: Average
  • Roof Type: Gable
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,952/SqFt
  • Lot: 53,579/SqFt
  • Gross: 1,952/SqFt
  • Garage: 546/SqFt
  • Living: 1,952/SqFt
  • Building: 1,952/SqFt
  • Ground: 1,952/SqFt
  • Garage Unfinished: 546/SqFt
  • Price Per Square Foot: $162.14

Legal Description

  • Description: LO40 BRANDON STA SUB SC4 REV BM1979-551
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: 35.896835 / -78.6849
  • Subdivision: Brandon Sta Sub
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Plus Four: 4324
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

8516 Morgans Way has no associated ownership info
8516 Morgans Way has no associated ownership info.

Taxes

8516 Morgans Way has 8 associated Taxes items

8516 Morgans Way, 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 $525,850. The APN we've located for 8516 Morgans Way is 0798.18-31-3428-000.

Unlock the full report
Taxes
  • Assessed Value:  $525,850
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0798.18-31-3428-000
  • Assessed Land Value:  220000
  • Market Land Value:  220000
  • Market Value:  525850
  • Market Year:  2025

Tax History

8516 Morgans Way has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $525,850 Land Value $220,000 Improvement Value $305,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $525,850 Land Value $220,000 Improvement Value $305,850 Tax Amount $3,285.53 Change Rate +0.2025% Assessed CR Tax Rate +0.006248%
Year 2023 Assessed Value $347,858 Land Value $110,000 Improvement Value $237,858 Tax Amount $2,732.25 Change Rate +0.07899% Assessed CR Tax Rate +0.007854%
Year 2022 Assessed Value $347,858 Land Value $110,000 Improvement Value $237,858 Tax Amount $2,532.23 Change Rate +0.027524% Assessed CR Tax Rate +0.007279%
Year 2021 Assessed Value $347,858 Land Value $110,000 Improvement Value $237,858 Tax Amount $2,464.4 Change Rate +0.016793% Assessed CR Tax Rate +0.007084%
Year 2020 Assessed Value $347,858 Land Value $110,000 Improvement Value $237,858 Tax Amount $2,423.7 Change Rate Assessed CR Tax Rate +0.006967%
Year 2019 Assessed Value $297,018 Land Value $110,000 Improvement Value $187,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $297,018 Land Value $110,000 Improvement Value $187,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $297,018 Land Value $110,000 Improvement Value $187,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $297,018 Land Value $110,000 Improvement Value $187,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $286,838 Land Value $86,000 Improvement Value $200,838 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $286,838 Land Value $86,000 Improvement Value $200,838 Tax Amount $1,907.39 Change Rate Assessed CR Tax Rate +0.00665%