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1220 Nowell Rd; Raleigh, NC Property Details

1220 Nowell Rd, Raleigh, NC is a Commercial Office that was built in 1978. This property is currently Financed and is not for sale. Our records show that 1220 Nowell Rd has a total of 5,500 square feet. The lot size of 1220 Nowell Rd is 34,848 square feet.

Off market
1220 Nowell Rd Raleigh, NC 27607
$748,153 Estimated Value
5,500 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1978
  • Purchase Price: $575,000
  • Open Loans / Balance: 1 / $989,675
  • APN: 0774.12-85-9138-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 9 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 5,500/SqFt
  • Lot: 34,848/SqFt
  • Gross: 5,500/SqFt
  • Living: 5,500/SqFt
  • Building: 5,500/SqFt
  • Ground: 5,500/SqFt
  • Price Per Square Foot: $104.55

Legal Description

  • Description: 1220 NOWELL ROAD
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.797176 / -78.73379
  • Subdivision: Mdm Assoc
  • Property Class: Office
  • Zoning: IX-3
  • County Use Code: 34

Amenities

  • Plus Four: 5134
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1220 Nowell Rd has no associated ownership info
1220 Nowell Rd has no associated ownership info.

Taxes

1220 Nowell Rd has 10 associated Taxes items

1220 Nowell Rd, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $748,153. The APN we've located for 1220 Nowell Rd is 0774.12-85-9138-000.

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Taxes
  • Assessed Value:  $748,153
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0774.12-85-9138-000
  • Assessed Land Value:  347086
  • Market Land Value:  347086
  • Tax Amount:  6524.64
  • Tax Year:  2025
  • Market Value:  748153
  • Market Year:  2025

Tax History

1220 Nowell Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $748,153 Land Value $347,086 Improvement Value $401,067 Tax Amount $6,524.64 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $748,153 Land Value $347,086 Improvement Value $401,067 Tax Amount $6,497.71 Change Rate -0.199454% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $744,643 Land Value $417,131 Improvement Value $327,512 Tax Amount $8,116.6 Change Rate +0.076542% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $744,643 Land Value $417,131 Improvement Value $327,512 Tax Amount $7,539.51 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $744,643 Land Value $417,131 Improvement Value $327,512 Tax Amount $7,245.38 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $744,643 Land Value $417,131 Improvement Value $327,512 Tax Amount $7,112.83 Change Rate +0.056933% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $580,697 Land Value $279,132 Improvement Value $301,565 Tax Amount $6,729.69 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $580,697 Land Value $279,132 Improvement Value $301,565 Tax Amount $6,344.69 Change Rate +0.050273% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $580,697 Land Value $279,132 Improvement Value $301,565 Tax Amount $6,040.99 Change Rate +0.021102% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $580,697 Land Value $279,132 Improvement Value $301,565 Tax Amount $5,916.15 Change Rate -0.006666% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $575,167 Land Value $235,224 Improvement Value $339,943 Tax Amount $5,955.85 Change Rate +0.054695% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $575,167 Land Value $235,224 Improvement Value $339,943 Tax Amount $5,646.99 Change Rate Assessed CR Tax Rate +0.009818%