7 months on rocket

611 Powell Dr, Raleigh, NC, 27606

$6,000,000

Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #2534503
StatusActive

About 611 Powell Dr

One of last large tracts of land in Raleigh. 611 & 613 Powell drive encompace 6.04 acres just minutes from NC State, Downtown, Fairgrounds, PNC. Tract allows for high density development.

Property Details

Property Features

Listing Office:

  • Office Name: Northside Realty Inc.
  • Office Phone: (919) 784-0101
  • Listing Agent: Audrey N Ray

Lot Features

Lot Information:

  • Lot: Sloped

School Info

Assigned Schools Information:

  • Athens Drive High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • East Cary Middle School, Public District Grades 6-8
  • Adams Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Western Blvd, Left on Powell Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,000,000

Tax Information:

  • Annual Amount: $5,736
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

611 Powell Dr vs Raleigh

215 DAYS ON ROCKET

+137 Days

$6,000,000

+$5.5M More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #2534503

Listing Office:

  • Office Name: Northside Realty Inc.
  • Office Phone: (919) 784-0101
  • Listing Agent: Audrey N Ray

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,736$587,452
2020$5,631$587,452
2019$4,762$434,060
2018$4,536$434,060

History based on county public records data.

Payment Calculator

$30K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4026956
5
/10
  • Adams Elementary School

  • 805 Cary Towne Blvd

  • 2.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4026957
3
/10
  • East Cary Middle School

  • 1111 SE Maynard Rd

  • 3.07 miles

  • Public District Grades 6-8

High School

school-card-donut-4026958
5
/10
  • Athens Drive High School

  • 1420 Athens Dr

  • 1.01 miles

  • Public District Grades 9-12

school-card-donut-4026959
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 7.07 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,527. Most Raleigh, NC residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 611 Powell Dr

What is the listing price of this property?

The listing price of 611 Powell Dr property is $6,000,000.

What type of property is this?

The property 611 Powell Dr is land located in Raleigh, North Carolina, 27606.

Is this property for sale now?

Active Listing: 611 Powell Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 611 Powell Dr are:
Adams Elementary School: GreatSchools Rating 5/10
East Cary Middle School: GreatSchools Rating 3/10
Athens Drive High School: GreatSchools Rating 5/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,736 (source: MLS/based on county public records data).
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Rocket HomesNorth CarolinaWake CountyRaleigh27606611 Powell Dr

This home is located at 611 Powell Dr in Raleigh, NC and zip code 27606 in the West Raleigh neighborhood. It has been listed on Rocket Homes since September 28, 2023 and is currently priced at $6,000,000.

In March 2024 more than 149 listings in Raleigh, NC were sold above the asking price. During the same period more than 130 listings were sold at asking price, while more than 228 were sold below. The number of homes for sale in Raleigh, NC increased by 4.6% between February 2024 and March 2024. Listings spent 78 days on the market in March 2024, and had a median list price of $425,075 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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