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512 Grovemont Dr

Raleigh, NC 27603

3 bd 1 ba 1,562 sqft Built 1968 Lot 20,473 sqft single_family
Most recent sale
$325,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $325,000 Public Record
May 9, 2022 Price changed $325,000 MLS #2445944
Apr 30, 2022 Listed $350,000 MLS #2445944
Mar 19, 1999 Sold $107,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $205,055 $120,000 $325,055 $2,099
2024 $205,055 $120,000 $325,055 $2,038
2023 $125,540 $48,000 $173,540 $1,373
2022 $125,540 $48,000 $173,540 $948
2021 $125,540 $48,000 $173,540 $923
2020 $125,540 $48,000 $173,540 $908
2019 $101,079 $18,000 $119,079 $993
2018 $101,079 $18,000 $119,079 $914
2017 $101,079 $18,000 $119,079 $867
2016 $101,079 $18,000 $119,079 $849
2015 $94,137 $32,000 $126,137 $896
2014 $94,137 $32,000 $126,137 $850
2013 $94,137 $32,000 $126,137 $794
2012 $94,137 $32,000 $126,137 $794
2011 $94,137 $32,000 $126,137 $794
2010 $94,137 $32,000 $126,137 $794
2009 $94,137 $32,000 $126,137 $794
2007 $94,137 $32,000 $126,137 $833

Property facts

Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,562 sqft
Lot size
20,473 sqft
ZIP code
27603
City
Raleigh
Street
Grovemont Dr
Coordinates
35.70992, -78.64834

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,109
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 512 Grovemont Dr last sell?
512 Grovemont Dr most recently sold on Jun 21, 2022 for $325,000.
What is the current tax assessment for 512 Grovemont Dr?
The most recent total assessment for 512 Grovemont Dr (year 2025) is $325,055 with $2,099 in property tax.
How does 512 Grovemont Dr's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $325,000.
When was 512 Grovemont Dr built?
512 Grovemont Dr was built in 1968.
How does 512 Grovemont Dr compare to others on Grovemont Dr?
We do not currently track other properties on Grovemont Dr.
What are the property facts for 512 Grovemont Dr?
512 Grovemont Dr is a 3 bed, 1 bath, 1,562 sqft, 20,473 sqft lot single_family.
Is 512 Grovemont Dr a flip candidate?
No — 512 Grovemont Dr does not appear in our flips dataset.
Is 512 Grovemont Dr a tax-appeal candidate?
No — 512 Grovemont Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$421.2K
2026 Q4
$403K
ZIP 27603 — Median Price History + Forecast

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