611 Powell Dr Raleigh, NC 27606
Avent West NeighborhoodEstimated payment $33,368/month
Highlights
- 5.85 Acre Lot
- Property is near public transit
- No HOA
- Adams Elementary Rated A-
- Partially Wooded Lot
- Gentle Sloping Lot
About This Lot
One of the LAST large parcels in downtown RALEIGH! Don't miss your chance to own almost 6 acres of property inside the I-40 belt line. Build your own private secluded home or develop into a multiple homesites.
Zoned R4 see Raleigh UDO for minimum lot requirements. Raleigh UDO:
The lot being sold is approximately 985ft x 252ft.
The property is minutes from Cary, Apex, Garner, Durham, Morrisville, NC State, Bus lines, shopping, restaurants, and entertainment. New SFH in the area selling for around $950k.
Homes are of no value and both parcels of 611 and 613 Powell will ONLY be sold together. Total acreage is 5.85ac
Cameras onsite, please do not walk property without an appointment.
Listing Agent
Better Homes & Gardens Real Es License #312522 Listed on: 02/01/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,870
Lot Details
- 5.85 Acre Lot
- Gentle Sloping Lot
- Cleared Lot
- Partially Wooded Lot
- Landscaped with Trees
- May Be Possible The Lot Can Be Split Into 2+ Parcels
- Property is zoned R4
Location
- Property is near public transit
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0784507134
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,870 | $1,018,990 | $882,000 | $136,990 |
| 2023 | $6,423 | $587,452 | $486,000 | $101,452 |
| 2022 | $5,968 | $587,452 | $486,000 | $101,452 |
| 2021 | $5,736 | $587,452 | $486,000 | $101,452 |
| 2020 | $5,631 | $587,452 | $486,000 | $101,452 |
| 2019 | $5,050 | $434,060 | $360,000 | $74,060 |
| 2018 | $4,763 | $434,060 | $360,000 | $74,060 |
| 2017 | $4,536 | $434,060 | $360,000 | $74,060 |
| 2016 | $4,442 | $434,060 | $360,000 | $74,060 |
| 2015 | $4,084 | $392,479 | $337,500 | $54,979 |
| 2014 | $3,873 | $392,479 | $337,500 | $54,979 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2025 02/01/25 | For Sale | $6,000,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10074150
APN: 0784.19-50-7134-000
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