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331 Prospect Ave; Raleigh, NC Property Details

331 Prospect Ave, Raleigh, NC is a Auto Repair/parts/garage that was built in 2012. This property is currently a cash purchase and is not for sale. Our records show that 331 Prospect Ave has a total of 11,820 square feet. The lot size of 331 Prospect Ave is 64,033 square feet.

Off market
331 Prospect Ave Raleigh, NC 27603
$4,328,065 Estimated Value
11,820 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2012
  • Purchase Price: $1,087,500
  • APN: 1703.14-32-8616-000
  • Situs County: Wake
  • Length Of Ownership: 18 years, 3 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Brick
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 11,820/SqFt
  • Lot: 64,033/SqFt
  • Gross: 11,820/SqFt
  • Living: 11,820/SqFt
  • Building: 11,820/SqFt
  • Ground: 11,820/SqFt
  • Price Per Square Foot: $92.01

Legal Description

  • Description: LO1 RCMB JERRY M COATS & PHYLLIS G BM200
Building Insights

Land Information

  • Property Type: Auto repair/parts/garage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.762585 / -78.65006
  • Subdivision: Rcmb Jerry M Coats & Ph Yllis G
  • Property Class: Commercial
  • Zoning: CX-3
  • County Use Code: 200

Amenities

  • Heating Fuel Type: Gas
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

331 Prospect Ave has no associated ownership info
331 Prospect Ave has no associated ownership info.

Taxes

331 Prospect Ave has 10 associated Taxes items

331 Prospect 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 $4,328,065. The APN we've located for 331 Prospect Ave is 1703.14-32-8616-000.

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Taxes
  • Assessed Value:  $4,328,065
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.14-32-8616-000
  • Assessed Land Value:  3011623
  • Market Land Value:  3011623
  • Tax Amount:  37745.05
  • Tax Year:  2025
  • Market Value:  4328065
  • Market Year:  2025

Tax History

331 Prospect Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,328,065 Land Value $3,011,623 Improvement Value $1,316,442 Tax Amount $37,745.05 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $4,328,065 Land Value $3,011,623 Improvement Value $1,316,442 Tax Amount $37,589.24 Change Rate +0.337708% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $2,577,957 Land Value $936,124 Improvement Value $1,641,833 Tax Amount $28,099.73 Change Rate +0.076543% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $2,577,957 Land Value $936,124 Improvement Value $1,641,833 Tax Amount $26,101.81 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $2,577,957 Land Value $936,124 Improvement Value $1,641,833 Tax Amount $25,083.52 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $2,577,957 Land Value $936,124 Improvement Value $1,641,833 Tax Amount $24,624.64 Change Rate +0.23729% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $1,717,325 Land Value $670,904 Improvement Value $1,046,421 Tax Amount $19,902.08 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $1,717,325 Land Value $670,904 Improvement Value $1,046,421 Tax Amount $18,763.49 Change Rate +0.050274% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $1,717,325 Land Value $670,904 Improvement Value $1,046,421 Tax Amount $17,865.33 Change Rate +0.021103% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $1,717,325 Land Value $670,904 Improvement Value $1,046,421 Tax Amount $17,496.11 Change Rate +0.264061% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $1,336,667 Land Value $385,418 Improvement Value $951,249 Tax Amount $13,841.19 Change Rate +0.054695% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $1,336,667 Land Value $385,418 Improvement Value $951,249 Tax Amount $13,123.4 Change Rate Assessed CR Tax Rate +0.009818%