217 LenoirRaleigh, NC 27601

  • Residential income homes
  • 2,780 SF
Off market
$525,311 Estimated

Property Details for 217 Lenoir

Year built
1920
Construction
FRAME
Lot size
0.10 AC
Property size (Sq ft)
2,780 SF
Zone code
DX-3
Property type
Residential income homes
Property subtype
Serviced apartments
APN
1703.43-76-9447 0078239
APU
1703437694470078239

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $953,967
    6.5%
    $880,585
    7%
    $817,686
  • Comparable approach

    Method
    Valuation
    Relative Method
    $861,033
    Geo Method
    $746,602
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,524,180
    Retail / Commercial
    $754,911
    Mixed-Use / Specialty
    $731,197
    Hospitality / Lodging
    $509,085
    Office
    $704,956
    Institutional / Educational
    $752,637
    Multifamily
    $1,172,670
    Automotive / Energy
    $645,117
    Parking / Income-Based Land
    $243,392
    Restaurant / Food Service
    $335,434
    Healthcare / Senior Housing
    $771,387

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.773
Longitude
-78.6361
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,886
$175,000
$350,311
$525,311
-
$175,000
$350,311
$525,311

FAQs

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