Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate sale and subject to the upset bid process, with no representations. Buyers should perform all inspections and verify condition during due diligence. The level lot with mature oak trees adds character, privacy, and long-term value--an increasingly rare find in this area of Raleigh. Strong upside potential in a high-demand location--bring your vision and capitalize on the opportunity.
Single-familyProperty Type
1960Year Built
0.56 acresLot Size
$190Price/Sq.Ft.
Listed by Sherrie Smith• NorthGroup Real Estate, Inc.
Listed by Jeff Leonard• NorthGroup Real Estate, Inc.
Est. $1,760 per month, based on comparable rentals
Sale and tax history for 3103 N New Hope Rd
Sale History
Tax History
Date
Event
Price
TMLS #10157893
May 15, 2026
Sold
$210,000
$190/sq ft
Apr 17, 2026
Contingent
—
Apr 6, 2026
Listed
$195,000
$176/sq ft
Public Records
Aug 17, 2023
Sold
$165,000
$149/sq ft
Public Records
Oct 25, 2016
Sold
$110,000
$99/sq ft
TMLS #810308
Jan 26, 2006
Sold
$102,000
$92/sq ft
Jul 19, 2005
Listing Removed
—
Jun 29, 2005
Listed
$110,000
$99/sq ft
Diamond in the rough, could be a doll house with a little TLC, great location, great potential
Public Records
Aug 18, 2005
Sold
$102,500
$93/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20 (−98.9%)
$76,000 + $138,422
$214,422
2024
$1,882 (+9,311.3%)
$76,000 + $138,422
$214,422
2023
$20
$76,000 + $138,422
$214,422
2022
$20
$51,200 + $92,940
$144,140
2021
$20
$51,200 + $92,940
$144,140
2020
$20
$51,200 + $92,940
$144,140
2019
$20
$51,200 + $92,940
$144,140
2018
$20
$40,000 + $71,345
$111,345
2017
$20 (−98.3%)
$40,000 + $71,345
$111,345
2016
$1,154 (−7.3%)
$40,000 + $71,345
$111,345
2015
$1,245 (+5.4%)
$40,000 + $71,345
$111,345
2014
$1,181 (+6.9%)
$43,200 + $75,116
$118,316
2013
$1,104 (+1.0%)
$43,200 + $75,116
$118,316
2011
$1,094
$43,200 + $75,116
$118,316
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.56 Acres
Year renovated
1960
Sq. Ft.
1,140
Year built
1960
Style
Single Family Residential
County
Wake County
APN
1725.16 74 5885 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-4
Residential-4 District
Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Property details
Parking
Parking Information
Parking Features: Asphalt, Driveway, Paved
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Main Level Bedrooms: 3
Interior Features
Appliances: Electric Water Heater
Laundry Features: Other
Interior Features: Ceiling Fan(s)
Fireplace: Yes
Fireplace Features: None
Flooring: Carpet, Tile, Other
Exterior
Building Information
Construction Materials: Brick
Building Area Total: 1108.0
Structure Type: House
Exterior Features
Foundation Details: Brick/Mortar
Roof: Shingle
Property information
Living Area: 1,108
Above Grade Finished Area: 1108.0
Below Grade Finished Area: 0.0
Levels: One
Other Structures: Shed(s)
Property Condition: Fixer
Lot Information
Lot Size Acres: 0.56
Lot Size Area: 0.56
Lot Size Square Feet: 24394.0
Lot Size Units: Acres
Zoning: R-4
Financial
Tax Information
Tax Annual Amount: 1889.98
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Unknown
Water Source: See Remarks
Heating & Cooling
Heating: Yes
Heating Information: Forced Air
Cooling: Yes
Cooling Information: Ceiling Fan(s), Central Air
Location
HOA Information
Association: No
School Information
Elementary School: Wake - Wilburn
Middle Or Junior School: Wake - Durant
High School: Wake - Heritage
Location Information
County Or Parish: Wake
Directions: From downtown Raleigh take Capital Blvd. North stay right onto US 401 North. Turn right onto N. New Hope Road, Turn right onto Haithcock Rd and it is the first property and driveway on your right. The property is at the corner of N. New Hope Rd and Haithcock.
Latitude: 35.82333
Longitude: -78.569738
Postal Code: 27604
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Paved
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,140
Stories: 1.0
Lot Size: 0.56 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Wake County
APN: 1725.16 74 5885 000
Home facts updated by county records on Aug 11, 2026
Other
hidden custom fields
Other
Listing Date Information
Contract Status Change Date: 2026-05-15
Documents Change Timestamp: 2026-04-06T22:08:57Z
Photos Change Timestamp: 2026-04-06T22:08:57Z
Around this home
Schools
Wilburn Elementary
Public PreK-5 • Assigned • 0.3mi
3/10
Durant Road Middle
Public 6-8 • Assigned • 5.6mi
5/10
Heritage High School
Public 9-12 • Assigned • 8.9mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
55% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27604
Average low and high temperatures (°F)
49
29
54
35
70
46
76
54
78
60
89
69
90
73
82
67
80
63
72
52
65
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$238,000 – $288,000
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