613 Powell Dr Raleigh, NC 27606
Avent West NeighborhoodEstimated payment $32,887/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 $1,000,000.
Homes are of no value and both parcels of 611 and 613 Powell will ONLY be sold together. Total acreage is 5.85ac. Tax value combined is $1,549,298.
Cameras onsite, please do not walk property without an appointment.
Listing Agent
Better Homes & Gardens Real Es License #312522 Listed on: 08/13/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,335
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 0784503028
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 | $2,326 | $530,308 | $220,500 | $309,808 |
| 2023 | $1,919 | $347,915 | $121,500 | $226,415 |
| 2022 | $1,784 | $347,915 | $121,500 | $226,415 |
| 2021 | $3,405 | $347,915 | $121,500 | $226,415 |
| 2020 | $3,343 | $347,915 | $121,500 | $226,415 |
| 2019 | $3,039 | $260,480 | $90,000 | $170,480 |
| 2018 | $2,866 | $260,480 | $90,000 | $170,480 |
| 2017 | $2,730 | $260,480 | $90,000 | $170,480 |
| 2016 | $2,674 | $260,480 | $90,000 | $170,480 |
| 2015 | $2,394 | $229,290 | $75,000 | $154,290 |
| 2014 | $2,271 | $229,290 | $75,000 | $154,290 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $6,000,000 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $160,400 | New Conventional | |
| Closed | $184,000 | Unknown | |
| Closed | $23,000 | Unknown | |
| Closed | $85,000 | Credit Line Revolving | |
| Closed | $114,524 | Unknown |
Source: Doorify MLS
MLS Number: 10115460
APN: 0784.19-50-3028-000
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