1601 Walnut Trace Dr, Raleigh, NC 27610 Property Records

Wake County property record for 1601 Walnut Trace Dr, Raleigh, NC 27610

Property Summary

Property TypeApartments (5+ Units)
Details194,674 sqft · built 2022
Lot Size11.6 acres (507,474 sqft)
OwnerCompany Name on Record
Last Sale$1,307,000 (Dec 2018)
Tax Bill$3,600 (2025)
Deeds & MortgagesSep 2020 Line of Credit
Dec 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN1713.18-30-9311-000

Property Details

APN / Parcel Number

Primary APN1713.18-30-9311-000
Alternative APNs
  • 1713.18-30-9311 0136772
  • 171318401277000
  • 1713309311
  • 0136772

Interior

Units42 Units
Stories3 Stories
Building Area194,674 sqft Living Area
1st Floor Area2,723 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 2022
Effective Year BuiltEffective 2022
Architectural StyleConventional
Construction TypeWood
Lot Area507,474 sqft (11.6 acres)
Total Buildings7 Buildings

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
SewerConnected

Location & Zoning

Account Number0136772
Street Address1601 WALNUT TRACE DR
CityRALEIGH
StateNC
Zip27610-6971
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeRX-3
Legal DescriptionLO1 WALNUT TRACE LLC BM2020-1451*
Legal SubdivisionWALNUT TRACE LLC
Legal Lot Number1
JurisdictionWAKE NC
Township / Civil DivisionST. MARYS
Census Block Group4
Census Block4010
Census Tract52101

Owner

Source: Wake County records, as of September 9, 2025

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 566, GREENVILLE, NC 27835-0566
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Sep 18, 2020Deed of Trust, Mortgage · Line of Credit
MISCELLANEOUS GOVT AGCY
Dec 21, 2018Warranty Deed, Transfer
CAHEC CAP INC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 21, 2018 · Amount on Record
Deed SaleDec 21, 2018 · Amount on Record
Prior SaleJun 16, 2006 · Amount on Record
Deed Book / Page17323 / 1711
Prior Transfer DateJun 5, 2002
Prior Transfer Doc94501816
Record UpdatedJun 8, 2026

September 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address1611 WALNUT TRACE DR, RALEIGH, NC 27610
Document Number181090576
Instrument DateSep 18, 2020
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2217 STANTONSBURG RD GREENVILLE NC 278342841, GREENVILLE, NC 27834-2841

Mortgage

Document Number181090576
DateOct 2, 2020
Book Page018109/000576
Lender
NameMISCELLANEOUS GOVT AGCY
AddressPO BOX 590, RALEIGH, NC 27602-0590
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

December 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWAKE NC
Recording DateDec 21, 2018
Property Address1611 WALNUT TRACE DR, RALEIGH, NC 27610
Document Number173231711
Book / Page017323 / 001711
Instrument DateDec 18, 2018
Transaction TypeTransfer
Record UpdatedFeb 5, 2021
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,614.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
AddressPO BOX 566 GREENVILLE NC 278350566, GREENVILLE, NC 27835-0566

Mortgage

Document Number173231715
DateDec 21, 2018
Book Page017323/001715
Lender
NameCAHEC CAP INC
Address7700 FALLS OF NEUSE RD # 200, RALEIGH, NC 27615-3355
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Wake County assessment roll, as of September 9, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyWake County
MunicipalityRaleigh City
Unified School DistrictWake County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,600.00 (-98.33%)$25,201,708 (+29.43%) Land $7,875,000 Building $17,326,708$25,201,708 (+29.43%) Land $7,875,000 Building $17,326,708
2023$215,839.00$19,471,518 Land $3,780,000 Building $15,691,518$19,471,518 Land $3,780,000 Building $15,691,518

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 13 policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies13 in force
Nearby Flood Claims16 (1996–2016)
Claims Outside the SFHA1 of 16
Most Recent ClaimOct 2016 · Hurricane Matthew
Claims by Event
  • Hurricane Matthew, Oct 2016 · 2 claims
  • Hurricane Floyd Major Disaster Declarations, Sep 1999 · 2 claims
  • Hurricane Fran, Sep 1996 · 7 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 97.4% of North Carolina
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF RALEIGH
serves 650,000 people · EPA ID NC0392010
Water SourceSurface water
Last State InspectionFeb 2026
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 136 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Google Fiber
Fiber
8,000 / 8,000
AT&T
Fiber · Fixed Wireless · DSL
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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