623 Rawls Dr

Raleigh, NC 27610

$540,000
Last Sold Price
3
Beds
1,991 Sq. Ft.
$271 / Sq. Ft.
1,991
Sq. Ft.
$271
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 2/14/25
Closed 2/14/25
a front view of a house with yard
a kitchen with granite countertop a sink cabinets and stainless steel appliances
a kitchen with a refrigerator and a stove
a bathroom with a granite countertop sink toilet and shower
a view of hallway
an empty room with wooden floor and windows
a view of a hallway
a bathroom with a sink a mirror and a shower
a bathroom with a sink and a toilet
a bathroom with a toilet and a sink
an empty room with wooden floor and entrance
a view of empty room with wooden floor and windows
a view of empty room with wooden floor
a view of wooden floor
a white refrigerator freezer sitting inside of a kitchen
wooden floor in an empty room
a bathroom with a sink a toilet and shower
an empty room with wooden floor and windows
a kitchen with granite countertop wooden cabinets and a stove
a white toilet sitting next to a bath tub
a bathroom with a sink vanity and a mirror

Description

Location... Location! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase...Location... Location! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase to $1910 on 7/1/25 and $1975 on 7/1/26). Unit 102 - $1850/mo-expires 8/31/2025. Tenants want to extend their leases and will be discussed ideal situation with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and realizes a 7% Cap Rate. Looking for a buyer that will purchase this similar property next door at 619 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.
  1. Listed by Nathan Becker • BIG Realty Company

Property Details for 623 Rawls Drive

View
Yes
Subdivision
Not in a Subdivision
LISTING CLOSED: 02/14/2025 12:00 AM

Property Details for 623 Rawls Drive

StatusClosed
MLS #10050679
Taxes$3,332 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2007
Lot Size0.24 AC / 10,454 SF
CountyWake County
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Location

Listing Courtesy of BIG Realty Company

Sold By Hodge & Kittrell Sotheby's Int

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Building Information for 623 Rawls Drive

Stories1Residences2Year Built2007Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

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$3,022 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,745

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 623 Rawls Drive

Summary
Location and General Information
  • Zoning: R-6
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.774044
  • Longitude: -78.586773
Taxes and HOA Information
  • Tax Annual Amount: $3,331.62
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 7
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-06-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 2
  • Due Diligence Expiration Date: 2024-12-31
School Information
  • Elementary School: Wake County Schools
  • Elementary School 2: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking: Yes
  • Parking Features: Driveway
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1991.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 1723265920
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Photos Count: 21
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Y N: No
  • Flooring: Laminate
  • Cooling: Electric
  • Cooling?: Yes
  • Heating: Electric
  • Heating?: Yes
  • Spa: No
  • Interior: Driveway, Vinyl Siding
  • Equipment: Driveway
Multi Family
Unit Information
  • Total Units: 2
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
Units Information
Unit One
  • Unit One: Actual Rent: 1850.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 3.0
  • Unit One: Dishwasher: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
Unit Two
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 3.0
  • Unit Two: Dishwasher: true
  • Unit Two: Living Room: true
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
Unit Three
  • Unit Three: Actual Rent: 0.0
Unit Four
  • Unit Four: Actual Rent: 0.0

Property History for 623 Rawls Drive

DateEvent & SourcePriceAppreciation
Feb 14, 2025

Sold

TRIANGLEMLS #10050679

$540,000—
Feb 13, 2025

Sold (Public Record)

Public Record #1550712417

$540,000

+9.4% / yr

Oct 13, 2024

Pending

TRIANGLEMLS #10050679

—
DateEvent & SourcePrice
02/14/2025

Sold

TRIANGLEMLS #10050679

$540,000
02/13/2025

Sold (Public Record)

Public Record #1550712417

$540,000

+9.4% / yr

10/13/2024

Pending

TRIANGLEMLS #10050679

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 623 Rawls Drive

Taxable ValueLand$80,000Additions$313,958Total$393,958
Tax Record2025$3,476 ($290 / month)
Home Facts
Total Finished SqFt1,991 SqFtAbove Grade Finished SqFt1,991 SqFtStories1Lot Size10,454 SqFtStyleDuplexYear Built2007ZoningR-6CountyWAKEAPN1723.10-26-5920 0075263Fireplace TypeHas Fireplace

Schools near 623 Rawls Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Oak Grove Elementary
Public - PK to 5
Dillard Drive Middle
Public - 6 to 8
William G Enloe High
Public - 9 to 12
Wake Early College of Health and Science
Public - 9 to 13
Rating
School
Distance
Oak Grove Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

William G Enloe High
Public9 to 12

Wake Early College of Health and Science
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
619 Rawls Drive, Raleigh, NC 27610
$540,000
3
1,991
0.23
627 Rawls Drive, Raleigh, NC 27610
$470,000
–
–
–
0.91
616 Rawls Drive, Raleigh, NC 27610
–
–
4
1,836
0.45
408 Diversity Way, Raleigh, NC 27610
$25,000
–
–
–
0.1
611 Rawls Drive, Raleigh, NC 27610
$450,000
–
–
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BIG Realty Company

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.