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2623 Wells Ave; Raleigh, NC Property Details

2623 Wells Ave, Raleigh, NC is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 2623 Wells Ave has 2 bedrooms, and 1 bathroom, and a total of 1,398 square feet. The lot size of 2623 Wells Ave is 12,197 square feet.

Off market
2623 Wells Ave Raleigh, NC 27608
$319,000 Listing Price
2 Beds
1 Baths
1,398 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $400,000
  • Open Loans / Balance: 1 / $280,932
  • Est. Equity / %: $310,068 / 52.46%
  • Gross Yield: 6.952%
  • APN: 0794.12-86-2840-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,398/SqFt
  • Lot: 12,197/SqFt
  • Gross: 1,398/SqFt
  • Living: 1,398/SqFt
  • Building: 1,398/SqFt
  • Ground: 1,398/SqFt
  • Price Per Square Foot: $286.12

Legal Description

  • Description: LO3 JAMES L PENNY PROP SUNSET HILLS BM19
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: 35.801495 / -78.66869
  • Subdivision: James L Penny Prop Sunset Hills
  • Property Class: Residential
  • Zoning: R-4
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1945
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

2623 Wells Ave has no associated ownership info
2623 Wells Ave has no associated ownership info.

Taxes

2623 Wells Ave has 10 associated Taxes items

2623 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 $572,709. The APN we've located for 2623 Wells Ave is 0794.12-86-2840-000.

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Taxes
  • Assessed Value:  $572,709
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.12-86-2840-000
  • Assessed Land Value:  552500
  • Market Land Value:  552500
  • Tax Amount:  5014.6
  • Tax Year:  2025
  • Market Value:  572709
  • Market Year:  2025

Tax History

2623 Wells Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $572,709 Land Value $552,500 Improvement Value $20,209 Tax Amount $5,014.6 Change Rate +0.004129% Assessed CR Tax Rate +0.008756%
Year 2024 Assessed Value $572,709 Land Value $552,500 Improvement Value $20,209 Tax Amount $4,993.98 Change Rate +0.186134% Assessed CR Tax Rate +0.00872%
Year 2023 Assessed Value $384,431 Land Value $369,750 Improvement Value $14,681 Tax Amount $4,210.3 Change Rate +0.076154% Assessed CR Tax Rate +0.010952%
Year 2022 Assessed Value $384,431 Land Value $369,750 Improvement Value $14,681 Tax Amount $3,912.36 Change Rate +0.040377% Assessed CR Tax Rate +0.010177%
Year 2021 Assessed Value $384,431 Land Value $369,750 Improvement Value $14,681 Tax Amount $3,760.52 Change Rate +0.018534% Assessed CR Tax Rate +0.009782%
Year 2020 Assessed Value $384,431 Land Value $369,750 Improvement Value $14,681 Tax Amount $3,692.09 Change Rate Assessed CR Tax Rate +0.009604%
Year 2019 Assessed Value $336,926 Land Value $315,000 Improvement Value $21,926 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $336,926 Land Value $315,000 Improvement Value $21,926 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $336,926 Land Value $315,000 Improvement Value $21,926 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $407,556 Land Value $350,000 Improvement Value $57,556 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $371,034 Land Value $255,500 Improvement Value $115,534 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $371,034 Land Value $255,500 Improvement Value $115,534 Tax Amount Change Rate Assessed CR Tax Rate