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Single Family ResidenceResidential
Last sold for $680,000 on May 24, 2018

513 PHELPS AVE

RALEIGH, NC 27607
4
Baths
3,758 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
2016
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$680,000 · May 24, 2018
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$510,000
ROCKET MORTGAGE LLC · recorded Mar 4, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$9,801 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,121,574 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$375,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$746,574
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$1,121,574
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,121,574

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWake
Lot (acres)The size of the land the home sits on, from county records.0.22
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 438 ft²Porch · 28 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Olds Elementary SchoolB-
Elementary · Grades PK–5 · 0.3 mi
H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 1.0 mi
M
Martin Magnet Middle SchoolB
Middle · Grades 6–8 · 1.6 mi

District: Wake County Schools

Neighborhood · ZIP 27607These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.123
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.28,346
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,189 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$92,482
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$122,684
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

513 Phelps Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 92% of homes in Wake County
  • Has a smaller lot than 67% of homes in Raleigh 27607
  • Newer than 90% of homes in Raleigh 27607

How it measures up in Raleigh 27607

The dot is this home. The mark in the middle is the typical home in Raleigh 27607.

Living area3,758 ft²
SmallerTypical 2,208 ft²Bigger

Bigger than 86% of homes nearby

Lot size0.22 ac
SmallerTypical 0.3 acBigger

Bigger than 33% of homes nearby

Year built2016
OlderTypical 1973Newer

Newer than 90% of homes nearby

How 513 Phelps Ave ranks against every home in each area.
MeasureThis homeWadeRaleigh 27607Wake County
Living areabigger than3,758 ft²82% of homes86% of homes92% of homes
Lot sizebigger than0.22 ac35% of homes33% of homes45% of homes
Year builtnewer than201689% of homes90% of homes80% of homes

About 513 Phelps Ave

When did 513 Phelps Ave, Raleigh, NC last sell?

513 Phelps Ave, Raleigh, NC last sold on May 24, 2018 for $680,000, according to the county's recorded deed.

How big is 513 Phelps Ave, Raleigh, NC?

513 Phelps Ave, Raleigh, NC has 4 bathrooms, 3,758 square feet of living space and a 0.22-acre lot.

When was 513 Phelps Ave, Raleigh, NC built?

513 Phelps Ave, Raleigh, NC was built in 2016, making it 10 years old. It is a conventional home. The building has 2 stories.

What schools serve 513 Phelps Ave, Raleigh, NC?

513 Phelps Ave, Raleigh, NC is assigned to Olds Elementary School (elementary), rated B-; Broughton Magnet High School (high), rated A-; Martin Magnet Middle School (middle), rated B. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 513 Phelps Ave, Raleigh, NC compare to other homes in Raleigh 27607?

Among the 5,576 homes in Raleigh 27607, it is bigger than 86% of them (3,758 ft² against a typical 2,208 ft²), its lot is bigger than 33% of them (0.22 ac against a typical 0.3 ac) and it is newer than 90% of them (2016 against a typical 1973). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 513 Phelps Ave, Raleigh, NC?

The 2025 property tax bill for 513 Phelps Ave, Raleigh, NC was $9,801. The county assessed it at $1,121,574.

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