Wake County property record for 518 E Franklin St, Raleigh, NC 27604
| Property Type | Single Family Home |
|---|---|
| Details | 3 ba · 1,903 sqft · built 1922 |
| Lot Size | 0.16 acres (6,970 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $470,000 (Oct 2017) |
| Tax Bill | $7,763 (2025) |
| Deeds & Mortgages | Nov 2023 Second Mortgage Oct 2020 Line of Credit + 2 more |
| Flood Zone | Zone X (minimal risk) |
| APN | 1704.16-92-6533-000 |
| Primary APN | 1704.16-92-6533-000 |
|---|---|
| Alternative APNs |
|
| Full Baths | 3 Baths |
|---|---|
| Total Rooms | 8 Rooms |
| Stories | 2 Stories |
| Building Area | 1,903 sqft Living Area |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1922 |
|---|---|
| Effective Year Built | Effective 1992 |
| Architectural Style | Conventional |
| Construction Type | Frame |
| Roof Type | Gable |
| Lot Area | 6,970 sqft (0.16 acres) |
| Garage Area | 288 sqft |
| Parking Spaces | 1 Parking Space |
| Porch | Enclosed Porch |
| Porch Area | 432 sqft |
| Deck Area | 140 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Heating Fuel | Gas |
| Sewer | Connected |
| Account Number | 0032151 |
|---|---|
| Street Address | 518 E FRANKLIN ST |
| City | RALEIGH |
| State | NC |
| Zip | 27604-1941 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | R-10 |
| Legal Description | LO26 OAKDALE BM1911-00038 |
| Legal Subdivision | OAKDALE |
| Legal Lot Number | 26 |
| Jurisdiction | WAKE NC |
| Township / Civil Division | RALEIGH |
| Census Block Group | 1 |
| Census Block | 1013 |
| Census Tract | 50500 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Oakwood Historic District (Boundary Increase III) listed 1989 · 108 contributing resources · NRIS 88003044 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
518 E Franklin St is owned and occupied by two individuals who bought it in October 2017.
Source: Wake County records, as of September 9, 2025
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 518 E FRANKLIN ST, RALEIGH, NC 27604-1941 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Nov 2, 2023 | Deed of Trust, Mortgage · Stand-Alone Second Mortgage NAVY FCU |
| Oct 1, 2020 | Deed of Trust, Mortgage · Line of Credit STATE EMPLOYEES CU |
| Mar 27, 2020 | Deed of Trust, Mortgage · Conventional Mortgage EQUITY RSRCS/OH |
| Oct 3, 2017 | Warranty Deed, Transfer · Conventional with PMI EQUITY RSRCS/OH |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Oct 3, 2017 · Amount on File |
| Deed Sale | Oct 3, 2017 · Amount on File |
| Deed Book / Page | 16928 / 1319 |
| Prior Transfer Date | May 11, 2016 |
| Prior Transfer Doc | 1640901454 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | WAKE NC |
| Property Address | 518 E FRANKLIN ST, RALEIGH, NC 27604-1941 |
| Transaction Type | Mortgage |
| Record Updated | Nov 20, 2023 |
| Title Company | SERVICELINK |
| Name | Verified Name |
|---|---|
| Investor | Possibly a Property Investor |
| Document Number | 19470/2010 |
|---|---|
| Date | Nov 2, 2023 |
| Book Page | 19470/2010 |
| Name | NAVY FCU |
|---|---|
| Type | Credit Union |
| Address | VIENNA, VA 22180 |
| Type | Stand-Alone Second Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 239 Months |
| Due | Oct 1, 2043 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | WAKE NC |
| Property Address | 518 E FRANKLIN ST, RALEIGH, NC 27604-1941 |
| Transaction Type | Mortgage |
| Record Updated | May 5, 2022 |
| Name | Verified Name |
|---|
| Document Number | 18105/1373 |
|---|---|
| Date | Oct 1, 2020 |
| Book Page | 18105/1373 |
| Name | STATE EMPLOYEES CU |
|---|---|
| Type | Credit Union |
| Address | RALEIGH, NC 27601 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | WAKE NC |
| Property Address | 518 E FRANKLIN ST, RALEIGH, NC 27604-1941 |
| Document Number | 178072537 |
| Instrument Date | Mar 27, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Apr 22, 2020 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Husband and Wife |
| Address | 518 E FRANKLIN ST RALEIGH NC 276041941, RALEIGH, NC 27604-1941 |
| Document Number | 178072537 |
|---|---|
| Date | Apr 1, 2020 |
| Book Page | 017807/002537 |
| Name | EQUITY RSRCS/OH |
|---|---|
| Type | Funding / Finance Company |
| Address | NEWARK, OH 43055 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Mar 31, 2040 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | WAKE NC |
| Recording Date | Oct 3, 2017 |
| Property Address | 518 E FRANKLIN ST, RALEIGH, NC 27604-1941 |
| Document Number | 169281319 |
| Book / Page | 016928 / 001319 |
| Instrument Date | Oct 2, 2017 |
| Transaction Type | Transfer |
| Record Updated | Oct 19, 2017 |
| Title Company | ATTORNEY ONLY |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $940.00 |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Husband and Wife |
| Address | 518 E FRANKLIN ST RALEIGH NC 276041941, RALEIGH, NC 27604-1941 |
| Document Number | 169281323 |
|---|---|
| Date | Oct 3, 2017 |
| Book Page | 016928/001323 |
| Name | EQUITY RSRCS/OH |
|---|---|
| Type | Funding / Finance Company |
| Address | NEWARK, OH 43055 |
| Type | Conventional with PMI |
|---|---|
| Amount | Amount on Record |
| Term | 360 Months |
| Due | Oct 2, 2047 |
The 2025 property tax bill for 518 E Franklin St was $7,763.
Source: Wake County assessment roll, as of September 9, 2025
| Type | Name |
|---|---|
| State | North Carolina |
| County | Wake County |
| Municipality | Raleigh City |
| Unified School District | Wake County Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $7,763.00 | $887,909 Land $500,000 Building $387,909 | $887,909 Land $500,000 Building $387,909 |
| 2023 | $5,467.00 | $499,774 Land $240,000 Building $259,774 | $499,774 Land $240,000 Building $259,774 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 518 E Franklin St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1996.
Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 7 in force |
| Nearby Flood Claims | 1 (1996) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Sep 1996 · Hurricane Fran |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 518 E Franklin St is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 99% of North Carolina |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF RALEIGH serves 650,000 people · EPA ID NC0392010 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Feb 2026 |
| Lead | Under 1 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 523 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Google Fiber Fiber | 8,000 / 8,000 |
| AT&T Fiber · DSL · Fixed Wireless in parts of the area | 5,000 / 5,000 |
| Spectrum Cable · Fiber in parts of the area | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
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