Seller's Agent in 2025
Nathan Becker
BIG Realty Company
(919) 889-0059
6 in this area
10 Total Sales
623 Rawls Dr Raleigh, NC 27610
King Charles Neighborhood
3
Beds
2
Baths
1,991
Sq Ft
10,454
Sq Ft Lot
Highlights
- Cooling Available
- Private Driveway
- 1-Story Property
- Oak Grove Elementary Rated A-
- Heating Available
About This Home
As of February 2025Location...Location!!! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase to $1910 on 7/1/25 and $1975 on 7/1/26). Unit 102 - $1850/mo-expires 8/31/2025. Tenants want to extend their leases and will be discussed ideal situation with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and realizes a 7% Cap Rate. Looking for a buyer that will purchase this similar property next door at 619 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.
Last Agent to Sell the Property
BIG Realty Company License #211930 Listed on: 09/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,332
Year Built
- Built in 2007
Lot Details
- 10,454 Sq Ft Lot
Home Design
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,991 Sq Ft Home
- 1-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Private Driveway
- 2 Open Parking Spaces
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Cooling Available
- Heating Available
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for taxes
- Assessor Parcel Number 1723265920
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2022
Sold by
5200 Tant Circle Llc
Bought by
Southern Purchasing Group Llc and Phellco Corporation
Current Estimated Value
Purchase Details
Closed on
Aug 17, 2016
Sold by
Zulu Property Investments Llc
Bought by
5200 Tant Cir Llc
Purchase Details
Closed on
Aug 15, 2016
Sold by
Bunn Kevin
Bought by
Zulu Llc
Purchase Details
Closed on
Feb 6, 2008
Sold by
Crossbuilt Homes Llc
Bought by
Bunn Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 2007
Sold by
Weaver Leon Cornell and Talton Myrtle W
Bought by
Crossbuilt Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.15%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Trustee Deed | $145,000 | None Available | |
| Warranty Deed | $197,000 | Title Company Of Nc | |
| Warranty Deed | $30,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $177,300 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $540,000 | -1.8% | $271 / Sq Ft |
| 10/12/2024 10/12/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $549,900 | -- | $276 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,314 | $208,664 | $40,000 | $168,664 |
| 2022 | $2,153 | $208,664 | $40,000 | $168,664 |
| 2021 | $2,070 | $208,664 | $40,000 | $168,664 |
| 2020 | $2,033 | $208,664 | $40,000 | $168,664 |
| 2019 | $1,975 | $166,997 | $40,000 | $126,997 |
| 2018 | $1,865 | $166,997 | $40,000 | $126,997 |
| 2017 | $1,777 | $166,997 | $40,000 | $126,997 |
| 2016 | -- | $166,997 | $40,000 | $126,997 |
| 2015 | $2,041 | $193,225 | $32,000 | $161,225 |
| 2014 | $1,937 | $193,225 | $32,000 | $161,225 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Becker
-
Holly Cannon
H
Buyer's Agent in 2025
Holly Cannon
Hodge & Kittrell Sotheby's Int
(919) 757-3054
1 in this area
18 Total Sales
Map
Source: Doorify MLS
MLS Number: 10050679
APN: 1723.10-26-6900-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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