701 Mutual Ct, Raleigh, NC 27615 Property Records

Wake County property record for 701 Mutual Ct, Raleigh, NC 27615

Property Summary

Property Type	Commercial Office
Details	8,520 sqft · built 2016
Lot Size	1.79 acres (77,972 sqft)
Owner	Company Name on Record
Last Sale	$3,300,000 (Dec 2023)
Tax Bill	$27,878 (2025)
Deeds & Mortgages	Dec 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`1708.20-90-8294-000`

Property Details

APN / Parcel Number

Primary APN	`1708.20-90-8294-000`
Alternative APNs	`1708.20-90-8294 0214098` `1708908294` `021409801` `0214098`

Interior

Stories	2 Stories
Building Area	8,520 sqft Gross Area
Elevator	Elevator

Exterior

Year Built	Built 2016
Effective Year Built	Effective 2016
Architectural Style	Conventional
Exterior Material	Brick
Construction Type	Steel Frame
Fire Resistance	Fireproof Steel Frame
Lot Area	77,972 sqft (1.79 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	0214098
Street Address	701 MUTUAL CT
City	RALEIGH
State	NC
Zip	27615-2267
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	OX-4
Legal Description	LO1 BENT TREE OFFICE PARK BM1995-246
Legal Subdivision	BENT TREE OFFICE PARK
Legal Lot Number	1
Jurisdiction	WAKE NC
Township / Civil Division	HOUSE CREEK
Census Block Group	1
Census Block	1000
Census Tract	54007

Owner

Source: Wake County records, as of October 19, 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	701 MUTUAL CT, RALEIGH, NC 27615-2267
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 18, 2023 · Amount on Record
Deed Sale	Dec 18, 2023 · Amount on Record
Record Updated	Oct 29, 2026

December 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	WAKE NC
Recording Date	Dec 18, 2023
Property Address	701 MUTUAL CT, RALEIGH, NC 27615-2267
Document Number	19502/1228
Book / Page	19502 / 1228
Map Reference	MB 1995 PG 246
Instrument Date	Dec 15, 2023
Transaction Type	Transfer
Record Updated	Jan 11, 2024

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$6,600.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	100 FEDERAL ST, PITTSBURGH, PA 15212-5708

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	701 MUTUAL CT, RALEIGH, NC 27615-2267

Mortgage

Document Number	0195021234
Date	Dec 18, 2023
Instrument	19502/1234

Lender

Name	BENCHMARK COMMUNITY BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Dec 15, 2053

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	North Carolina
County	Wake County
Municipality	Raleigh City
Unified School District	Wake County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$27,878.00 (-27.98%)	$3,196,680 (-9.98%) Land $1,153,206 Building $2,043,474	$3,196,680 (-9.98%) Land $1,153,206 Building $2,043,474
2023	$38,707.00	$3,551,129 Land $924,553 Building $2,626,576	$3,551,129 Land $924,553 Building $2,626,576

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 14 individual policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	36 units insured incl. 22 condo units
Nearby Flood Claims	4 (1986–1999)
Claims Outside the SFHA	3 of 4
Most Recent Claim	Sep 1999 · Hurricane Floyd Major Disaster Declarations

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 Risk	Low lower than 99.1% of the US · lower than 99.5% of North Carolina
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 188 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Google Fiber Fiber	8,000 / 8,000
AT&T Fiber · DSL · Fixed Wireless in parts of the area	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