Triplex (3 Units, Any Combination)Residential
Last sold for $664,000 on Feb 26, 2021
725 W MORGAN ST
RALEIGH, NC 27603
3
Baths
3,234 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
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.$664,000 · Feb 26, 2021
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.$491,250
HOMETRUST BANK · recorded Feb 26, 2021
Tax & Assessment
Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,514 (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.$969,386 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$912,373
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$57,013
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$969,386
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$969,386
Climate Risk
Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.9
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
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.Triplex (3 Units, Any Combination)
CountyWake
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1965
Lot (acres)The size of the land the home sits on, from county records.0.16
ConstructionThe main material the home's frame and walls are built from.Frame (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.Porch · 289 ft²
Transaction History(1)
Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.
EHM
Wiley Magnet Elementary SchoolB
Elementary · Grades PK–5 · 0.4 mi
Broughton Magnet High SchoolA-
High · Grades 9–12 · 0.7 mi
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 2.4 mi
District: Wake County Schools
Neighborhood · ZIP 27603These 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.108
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43
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.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.62,816
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,202 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$86,402
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$112,306
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.Yes
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
725 W Morgan St 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 Raleigh 27603
- Has a smaller lot than 76% of homes in Raleigh 27603
- Among the oldest homes in Wake County
How it measures up in Raleigh 27603
The dot is this home. The mark in the middle is the typical home in Raleigh 27603.
Living area3,234 ft²
SmallerTypical 1,804 ft²Bigger
Bigger than 92% of homes nearby
Lot size0.16 ac
SmallerTypical 0.49 acBigger
Bigger than 24% of homes nearby
Year built1920
OlderTypical 2000Newer
Newer than 2% of homes nearby
| Measure | This home | Hillsborough | Raleigh 27603 | Wake County |
|---|---|---|---|---|
| Living areabigger than | 3,234 ft² | 87% of homes | 92% of homes | 85% of homes |
| Lot sizebigger than | 0.16 ac | 50% of homes | 24% of homes | 32% of homes |
| Year builtnewer than | 1920 | 9% of homes | 2% of homes | almost no homes |
About 725 W Morgan St
When did 725 W Morgan St, Raleigh, NC last sell?
725 W Morgan St, Raleigh, NC last sold on Feb 26, 2021 for $664,000, according to the county's recorded deed.
How big is 725 W Morgan St, Raleigh, NC?
725 W Morgan St, Raleigh, NC has 3 bathrooms, 3,234 square feet of living space and a 0.16-acre lot.
When was 725 W Morgan St, Raleigh, NC built?
725 W Morgan St, Raleigh, NC was built in 1920, making it 106 years old. The building has 2 stories.
What schools serve 725 W Morgan St, Raleigh, NC?
725 W Morgan St, Raleigh, NC is assigned to Wiley Magnet Elementary School (elementary), rated B; Broughton Magnet High School (high), rated A-; Oberlin Magnet Middle School (middle), rated A-. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.
How does 725 W Morgan St, Raleigh, NC compare to other homes in Raleigh 27603?
Among the 18,308 homes in Raleigh 27603, it is bigger than 92% of them (3,234 ft² against a typical 1,804 ft²), its lot is bigger than 24% of them (0.16 ac against a typical 0.49 ac) and it is newer than 2% of them (1920 against a typical 2000). These shares are recounted nightly from the full county assessor record for each area, not from active listings.
What are the property taxes on 725 W Morgan St, Raleigh, NC?
The 2025 property tax bill for 725 W Morgan St, Raleigh, NC was $8,514. The county assessed it at $969,386.
Closest homes
- 734 Parkham Ln$653K104 ft · 2 ba · 1,360 ft² · Sold $209K · Jan 2005
- 732 Parkham Ln$664K106 ft · 2 ba · 1,312 ft²
- 730 Parkham Ln$610K110 ft · 3 ba · 1,312 ft² · Sold $206K · Aug 2004
- 728 Parkham Ln$449K117 ft · 2 ba · 1,312 ft² · Sold $199K · Jul 2003
- 726 Parkham Ln$654K127 ft · 2 ba · 1,360 ft² · Sold $245K · Jul 2023
- 101 Fenner Ln$476K123 ft · 2 ba · 1,360 ft² · Sold $260K · Mar 2008
- 724 Parkham Ln$466K137 ft · 2 ba · 1,120 ft² · Sold $445K · Nov 2022
- 103 Fenner Ln$630K139 ft · 2 ba · 1,312 ft² · Sold $214K · Jul 2005
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Assigned schools
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