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721 Virginia Ave; Raleigh, NC Property Details

721 Virginia Ave, Raleigh, NC is a Single Family that was built in 2018. This property is currently a cash purchase and is not for sale. Our records show that 721 Virginia Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 2,683 square feet. The lot size of 721 Virginia Ave is 6,098 square feet.

Off market
721 Virginia Ave Raleigh, NC 27604
$1,200,000 Listing Price
4 Beds
3.5 Baths
2,683 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $1,200,000
  • Est. Equity / %: $1,247,000 / 100%
  • Gross Yield: 7.118%
  • APN: 1714.13-03-6512-000
  • Situs County: Wake
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,683/SqFt
  • Lot: 6,098/SqFt
  • Gross: 2,683/SqFt
  • Living: 2,683/SqFt
  • Building: 2,683/SqFt
  • Price Per Square Foot: $447.26

Legal Description

  • Description: LO43 OAKDALE @ MORDECAI SUB BM2016-00826
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: 35.792362 / -78.62701
  • Subdivision: Oakdale @ Mordecai Sub
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Plus Four: 1927
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $385
  • H O A Amount: $385
  • H O A One Frequency: Quarterly
  • H O A One Type: Planned Unit Development

Ownership Info

721 Virginia Ave has no associated ownership info
721 Virginia Ave has no associated ownership info.

Taxes

721 Virginia Ave has 8 associated Taxes items

721 Virginia 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 $1,130,294. The APN we've located for 721 Virginia Ave is 1714.13-03-6512-000.

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Taxes
  • Assessed Value:  $1,130,294
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.13-03-6512-000
  • Assessed Land Value:  550000
  • Market Land Value:  550000
  • Market Value:  1130294
  • Market Year:  2025

Tax History

721 Virginia Ave has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,130,294 Land Value $550,000 Improvement Value $580,294 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,130,294 Land Value $550,000 Improvement Value $580,294 Tax Amount $9,836.6 Change Rate +0.267048% Assessed CR Tax Rate +0.008703%
Year 2023 Assessed Value $710,404 Land Value $275,000 Improvement Value $435,404 Tax Amount $7,763.4 Change Rate +0.076331% Assessed CR Tax Rate +0.010928%
Year 2022 Assessed Value $710,404 Land Value $275,000 Improvement Value $435,404 Tax Amount $7,212.84 Change Rate +0.040479% Assessed CR Tax Rate +0.010153%
Year 2021 Assessed Value $710,404 Land Value $275,000 Improvement Value $435,404 Tax Amount $6,932.23 Change Rate +0.01858% Assessed CR Tax Rate +0.009758%
Year 2020 Assessed Value $710,404 Land Value $275,000 Improvement Value $435,404 Tax Amount $6,805.78 Change Rate -0.048% Assessed CR Tax Rate +0.00958%
Year 2019 Assessed Value $615,146 Land Value $130,000 Improvement Value $485,146 Tax Amount $7,148.93 Change Rate +0.988161% Assessed CR Tax Rate +0.011622%
Year 2018 Assessed Value $329,100 Land Value $130,000 Improvement Value $199,100 Tax Amount $3,595.75 Change Rate +1.658811% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $130,000 Land Value $130,000 Improvement Value Tax Amount $1,352.39 Change Rate Assessed CR Tax Rate +0.010403%