2403 Lake Dr
Raleigh, NC 27609
4 bd 3 ba 3,382 sqft Built 1963 Lot 15,682 sqft single_family
Most recent sale
$1,250,000
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 17, 2022 | Sold | $1,250,000 | MLS #2473675 |
| Sep 12, 2022 | Listed | $1,300,000 | MLS #2473675 |
| Apr 12, 1995 | Sold | $270,000 | Public Record |
| Jan 1, 1978 | Sold | $73,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $469,391 | $775,000 | $1,244,391 | $10,872 |
| 2024 | $469,391 | $775,000 | $1,244,391 | $10,827 |
| 2023 | $254,796 | $475,000 | $729,796 | $7,974 |
| 2022 | $254,796 | $475,000 | $729,796 | $7,409 |
| 2021 | $254,796 | $475,000 | $729,796 | $7,121 |
| 2020 | $254,796 | $475,000 | $729,796 | $6,991 |
| 2019 | $224,661 | $400,000 | $624,661 | $7,259 |
| 2018 | $224,661 | $400,000 | $624,661 | $6,845 |
| 2017 | $224,661 | $400,000 | $624,661 | $6,518 |
| 2016 | $224,661 | $400,000 | $624,661 | $6,384 |
| 2015 | $300,625 | $336,000 | $636,625 | $6,612 |
| 2014 | $300,625 | $336,000 | $636,625 | $6,270 |
| 2013 | $300,625 | $336,000 | $636,625 | $5,855 |
| 2012 | $300,625 | $336,000 | $636,625 | $5,855 |
| 2011 | $300,625 | $336,000 | $636,625 | $5,797 |
| 2010 | $300,625 | $336,000 | $636,625 | $5,797 |
| 2009 | $300,625 | $336,000 | $636,625 | $5,797 |
| 2007 | $300,625 | $336,000 | $636,625 | $4,106 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,382 sqft
Lot size
15,682 sqft
ZIP code
27609
City
Raleigh
Street
Lake Dr
Coordinates
35.81467, -78.64772
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,566
Gross rental yield
4.38%
Implied cap rate
2.85%
Trend-extrapolated value
—
Frequently asked questions
When did 2403 Lake Dr last sell?
2403 Lake Dr most recently sold on Oct 17, 2022 for $1,250,000.
What is the current tax assessment for 2403 Lake Dr?
The most recent total assessment for 2403 Lake Dr (year 2025) is $1,244,391 with $10,872 in property tax.
How does 2403 Lake Dr's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $1,250,000.
When was 2403 Lake Dr built?
2403 Lake Dr was built in 1963.
How does 2403 Lake Dr compare to others on Lake Dr?
We track 1 other property on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 2403 Lake Dr?
2403 Lake Dr is a 4 bed, 3 bath, 3,382 sqft, 15,682 sqft lot single_family.
Is 2403 Lake Dr a flip candidate?
No — 2403 Lake Dr does not appear in our flips dataset.
Is 2403 Lake Dr a tax-appeal candidate?
No — 2403 Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.1%
Implied 1-yr
-8.4%
2026 Q3
$1.2M
2026 Q4
$1.17M
ZIP 27609 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Dr