Wake County Government - North Carolina
Wake County Real Estate Data
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Real Estate ID 0111195 PIN #  1716769952
   
Location Address Property Description
5601 OLD WAKE FOREST RD THE PROP OF FOREST OAKS APT CO
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Property Owner
BIF - NORTH OAKS LLC
(Use the Deeds link to view any additional owners)
Owner's Mailing Address
BEACH INVESTMENT FUND LP
320 BROAD ST UNIT 600
CHARLESTON SC 29401-2069
Property Location Address
5601 OLD WAKE FOREST RD
RALEIGH NC 27609-5061
 
Administrative Data
Old Map #
381-00000-0613
Map/Scale
1716 12
VCS
ANCRA01
City
RALEIGH
Fire District
Township
NEUSE
Land Class
APRTMENT
ETJ
RA
Spec Dist(s)
Zoning
R-10
History ID 1
History ID 2
Acreage
19.77
Permit Date
4/13/2018
Permit #
0000148155
Transfer Information
 
Deed Date
2/18/2022
Book & Page
18924  0805
Revenue Stamps
88000.00
Pkg Sale Date
2/18/2022
Pkg Sale Price
$44,000,000
Land Sale Date
Land Sale Price
 
 
Improvement Summary
 
Total Units
200
Recycle Units
200
Apt/SC Sqft
201,100
Heated Area
202,872
Assessed Value
 
Land Value Assessed
$10,500,000
Bldg. Value Assessed
$31,899,219
   
   
Tax Relief
   
Land Use Value
Use Value Deferment
Historic Deferment
Total Deferred Value
 
 
Use/Hist/Tax Relief Assessed  
Total Value Assessed*
$42,399,219

*Wake County assessed building and land values reflect the market value as of January 1, 2024, which is the date of the last county-wide revaluation. Any inflation, deflation or other economic changes occurring after this date does not affect the assessed value of the property and cannot be lawfully considered when reviewing the value for adjustment.

The January 1, 2024 values will remain in effect until the next county-wide revaluation. Until that time, any real estate accounts created or new construction built is assessed according to the 2024 Schedule of Values.

For questions regarding the information displayed on this site, please contact the Department of Tax Administration at Taxhelp@wake.gov or call 919-856-5400.