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2616 Wells Ave; Raleigh, NC Property Details

2616 Wells Ave, Raleigh, NC is a Single Family that was built in 1949. This property is not for sale. Our records show that 2616 Wells Ave has 2 bathrooms, and a total of 2,107 square feet. The lot size of 2616 Wells Ave is 11,326 square feet.

Off market
2616 Wells Ave Raleigh, NC 27608
$868,871 Estimated Value
2 Baths
2,107 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1949
  • Purchase Price: $195,000
  • Est. Equity / %: $1,094,000 / 100%
  • Gross Yield: 6.71%
  • APN: 0794.12-86-5979-000
  • Situs County: Wake
  • Length Of Ownership: 31 years, 3 months

Rooms

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,107/SqFt
  • Lot: 11,326/SqFt
  • Gross: 2,107/SqFt
  • Living: 2,107/SqFt
  • Building: 2,107/SqFt
  • Price Per Square Foot: $92.55

Legal Description

  • Description: LO3 J A PERDUE PROP
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.80202 / -78.667564
  • Subdivision: J A Pennes Prop
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1946
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

2616 Wells Ave has no associated ownership info
2616 Wells Ave has no associated ownership info.

Taxes

2616 Wells Ave has 8 associated Taxes items

2616 Wells Ave, 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 $868,871. The APN we've located for 2616 Wells Ave is 0794.12-86-5979-000.

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Taxes
  • Assessed Value:  $868,871
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.12-86-5979-000
  • Assessed Land Value:  617500
  • Market Land Value:  617500
  • Market Value:  868871
  • Market Year:  2025

Tax History

2616 Wells Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $868,871 Land Value $617,500 Improvement Value $251,371 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $868,871 Land Value $617,500 Improvement Value $251,371 Tax Amount $7,566.14 Change Rate +0.210079% Assessed CR Tax Rate +0.008708%
Year 2023 Assessed Value $571,798 Land Value $413,250 Improvement Value $158,548 Tax Amount $6,252.6 Change Rate +0.076279% Assessed CR Tax Rate +0.010935%
Year 2022 Assessed Value $571,798 Land Value $413,250 Improvement Value $158,548 Tax Amount $5,809.46 Change Rate +0.040451% Assessed CR Tax Rate +0.01016%
Year 2021 Assessed Value $571,798 Land Value $413,250 Improvement Value $158,548 Tax Amount $5,583.6 Change Rate +0.018567% Assessed CR Tax Rate +0.009765%
Year 2020 Assessed Value $571,798 Land Value $413,250 Improvement Value $158,548 Tax Amount $5,481.82 Change Rate -0.132776% Assessed CR Tax Rate +0.009587%
Year 2019 Assessed Value $543,715 Land Value $350,000 Improvement Value $193,715 Tax Amount $6,321.11 Change Rate +0.060477% Assessed CR Tax Rate +0.011626%
Year 2018 Assessed Value $543,715 Land Value $350,000 Improvement Value $193,715 Tax Amount $5,960.63 Change Rate Assessed CR Tax Rate +0.010963%
Year 2017 Assessed Value $543,715 Land Value $350,000 Improvement Value $193,715 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $543,715 Land Value $350,000 Improvement Value $193,715 Tax Amount $5,559.37 Change Rate Assessed CR Tax Rate +0.010225%
Year 2015 Assessed Value $441,020 Land Value $248,500 Improvement Value $192,520 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $441,020 Land Value $248,500 Improvement Value $192,520 Tax Amount $4,349.94 Change Rate Assessed CR Tax Rate +0.009863%