1318 Banbury Rd is a 3,448 square foot multi-family home on a 0.69 acre lot with 3.5 bathrooms. - it last sold on January 31, 2008 for $490,000. Based on Redfin's Raleigh data, we estimate the home's value is $1,092,490.
Multi-familyProperty Type
1950Year Built
0.69 acresLot Size
$317Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,092,490
$602K since sold in January 2008$26K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.4% lower than the average sale price ($1.12M) of 6 comparable homes.
AWESOME OPPORTUNITY TO OWN A QUADRAPLEX OVERLOOKING CITY PARK IN DESIREABLE ITB NEIGHBORHOOD, OFF STREET PARKING LOT, PORCHES OVERLOOKING PARK, LARGE FRONT YARD, NICE NEIGHBORHOOD WITH SOME NEW HOMES RANGING FROM THE UPPER $700K TO $1M. UNITS ARE IN GOOD CONDITION, RENT EASILY - NO SIGN
Public Records
Dec 30, 1982
Sold
$90,000
$26/sq ft
Public Records
Dec 16, 1966
Sold
$36,840
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,158 (+0.4%)
$633,750 + $177,870
$811,620
2024
$7,129 (+27.8%)
$633,750 + $177,870
$811,620
2023
$5,577 (+7.5%)
$633,750 + $177,870
$811,620
2022
$5,186 (+4.0%)
$452,400 + $51,885
$504,285
2021
$4,987 (+1.8%)
$452,400 + $51,885
$504,285
2020
$4,897 (+8.6%)
$452,400 + $51,885
$504,285
2019
$4,509 (+6.0%)
$452,400 + $51,885
$504,285
2018
$4,255 (+4.9%)
$310,500 + $71,660
$382,160
2017
$4,056 (+2.1%)
$310,500 + $71,660
$382,160
2016
$3,973 (+0.3%)
$310,500 + $71,660
$382,160
2015
$3,962 (+5.3%)
$310,500 + $71,660
$382,160
2014
$3,761 (+6.9%)
$271,050 + $103,924
$374,974
2013
$3,517
$271,050 + $103,924
$374,974
2012
$3,517 (+1.0%)
$271,050 + $103,924
$374,974
2011
$3,483
$271,050 + $103,924
$374,974
Tax history for 1318 Banbury Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,158 (+0.4%)
$633,750 + $177,870
$811,620
2024
$7,129 (+27.8%)
$633,750 + $177,870
$811,620
2023
$5,577 (+7.5%)
$633,750 + $177,870
$811,620
2022
$5,186 (+4.0%)
$452,400 + $51,885
$504,285
2021
$4,987 (+1.8%)
$452,400 + $51,885
$504,285
2020
$4,897 (+8.6%)
$452,400 + $51,885
$504,285
2019
$4,509 (+6.0%)
$452,400 + $51,885
$504,285
2018
$4,255 (+4.9%)
$310,500 + $71,660
$382,160
2017
$4,056 (+2.1%)
$310,500 + $71,660
$382,160
2016
$3,973 (+0.3%)
$310,500 + $71,660
$382,160
2015
$3,962 (+5.3%)
$310,500 + $71,660
$382,160
2014
$3,761 (+6.9%)
$271,050 + $103,924
$374,974
2013
$3,517
$271,050 + $103,924
$374,974
2012
$3,517 (+1.0%)
$271,050 + $103,924
$374,974
2011
$3,483
$271,050 + $103,924
$374,974
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-6
Residential-6 District
R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.