331 Prospect Ave, Raleigh, NC 27603 Property Records

Wake County property record for 331 Prospect Ave, Raleigh, NC 27603

Property Summary

Property TypeAuto Repair, Garage
Details11,820 sqft · built 2012
Lot Size1.47 acres (64,033 sqft)
Owner2 Owner Names on File
Last Sale$1,087,500 (Apr 2008)
Tax Bill$28,099 (2023)
Flood ZoneZone X (minimal risk)
APN1703.14-32-8616 0042920

Property Details

APN / Parcel Number

Primary APN1703.14-32-8616 0042920
Alternative APNs
  • 170314329644000
  • 0042920

Interior

Stories1 Story
Building Area11,820 sqft Heated Area
1st Floor Area10,178 sqft
Attic Area2,225 sqft
FlooringOther

Exterior

Year BuiltBuilt 2012
Architectural StyleConventional
Exterior MaterialBrick
Construction TypeMetal Frame
Fire ResistanceFireproof Steel Frame
Lot Area64,033 sqft (1.47 acres)

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Account Number0042920
Old Parcel Number170314329644000
Street Address331 PROSPECT AVE
CityRALEIGH
StateNC
Zip27603
Property CategoryCommercial
Property TypeCommercial > Retail > Auto Repair, Garage
Local Zoning CodeCX-3
Legal DescriptionLO1 RCMB JERRY M COATS & PHYLLIS G BM2001-00672
Legal Township01
Legal SubdivisionRCMB JERRY M COATS & PH YLLIS
Legal Lot Number1 335
JurisdictionWAKE NC
Township / Civil DivisionRALEIGH
Census Block Group4
Census Block4005
Census Tract54502

Owner

The current owner of 331 Prospect Ave bought it in April 2008.

Source: Wake County records, as of April 18, 2024

Owner of Record2 Owner Names on File
Mailing Address1300 S SAUNDERS ST, RALEIGH, NC 27603-2306
OccupancyOwner Occupied

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 30, 2008 · Amount on File
Deed SaleApr 30, 2008 · Amount on File
Deed Document Number0130761990
Deed Book / Page13076 / 1990
Record UpdatedJun 7, 2026

Tax Assessment & Valuation

Source: Wake County assessment roll, as of January 1, 2023

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
2023$28,099.00$2,577,957 Land $936,124 Building $1,641,833$2,577,957 Land $936,124 Building $1,641,833

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

Flood

FEMA maps place 331 Prospect Ave in Zone X, an area of minimal flood risk.

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
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies7 in force

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

The area around 331 Prospect Ave has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within 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 306 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless in parts of the area
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 50
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30
T-Mobile
Fixed Wireless
100 / 20

May also be available: Google Fiber.

Nearby Properties on Prospect Ave

Nearby Streets

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