Wake County property record for 2722 Spring Forest Rd, Raleigh, NC 27616
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 104,777 sqft · built 2018 |
| Lot Size | 5.02 acres (218,671 sqft) |
| Owner | Company Name on Record |
| Last Sale | $26,166,000 (Jun 2024) |
| Tax Bill | $253,815 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 1716.12-97-8288-000 |
| Primary APN | 1716.12-97-8288-000 |
|---|---|
| Alternative APNs |
|
| Units | 143 Units |
|---|---|
| Stories | 4 Stories |
| Building Area | 104,777 sqft Living Area |
| 1st Floor Area | 10,857 sqft |
| Fire Sprinklers | Fire Sprinklers |
| Elevator | Elevator |
| Year Built | Built 2018 |
|---|---|
| Effective Year Built | Effective 2018 |
| Architectural Style | Conventional |
| Exterior Material | Brick |
| Construction Type | Wood |
| Lot Area | 218,671 sqft (5.02 acres) |
| Total Buildings | 2 Buildings |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Sewer | Connected |
| Account Number | 0438165 |
|---|---|
| Street Address | 2722 SPRING FOREST RD |
| City | RALEIGH |
| State | NC |
| Zip | 27616-1824 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | RX-4 |
| Legal Description | LO1 BELL INVESTMENTS LP BM2017-00203 |
| Legal Subdivision | BELL INVESTMENTS LP |
| Legal Lot Number | 1 |
| Jurisdiction | WAKE NC |
| Township / Civil Division | NEUSE |
| Census Block Group | 1 |
| Census Block | 1018 |
| Census Tract | 54018 |
Source: Wake County records, as of April 20, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 200 W MADISON ST, 2650, CHICAGO, IL 60606-3497 |
| Owner Type | Company |
| Vesting | Limited Liability Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jun 20, 2024 · Amount on Record |
| Deed Sale | Jun 20, 2024 · Amount on Record |
| Deed Book / Page | 19641 / 2210 |
| Record Updated | Jun 8, 2026 |
Source: Wake County assessment roll, as of September 9, 2025
| Type | Name |
|---|---|
| State | North Carolina |
| County | Wake County |
| Municipality | Raleigh City |
| Unified School District | Wake County Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $253,815.00 (+12.33%) | $28,776,037 (+40.6%) Land $7,507,500 Building $21,268,537 | $28,776,037 (-) Land $7,507,500 Building $21,268,537 |
| 2024 | $28,776,037 (+40.6%) Land $7,507,500 Building $21,268,537 | ||
| 2023 | $225,949.00 Additional exemption filed | $20,466,967 Land $4,290,000 Building $16,176,967 | $20,466,967 Land $4,290,000 Building $16,176,967 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 4 in force |
| Nearby Flood Claims | 2 (1978–1979) |
| Most Recent Claim | Mar 1979 · tidal / storm surge |
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF RALEIGH serves 650,000 people · EPA ID NC0392010 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Feb 2026 |
| Lead | Under 1 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 69 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Google Fiber Fiber | 8,000 / 8,000 |
| Spectrum Cable | 1,000 / 1,000 |
| Verizon Fixed Wireless | 1,000 / 75 |
| Starlink Satellite | 280 / 30 |
| AT&T Fixed Wireless · Fiber, DSL in parts of the area | 100 / 20 |
May also be available: T-Mobile.
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