4516 N New Hope Rd is a 728 square foot townhouse on a 3,049 square foot lot with 1 bathroom. - it last sold on January 18, 2001 for $60,000. Based on Redfin's Raleigh data, we estimate the home's value is $156,651.
TownhomeProperty Type
1982Year Built
3,049 sq ftLot Size
$215Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$156,651
$97K since sold in January 2001$13K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.6% lower than the average sale price ($205K) of 6 comparable homes.
NEW CARPET 1994, NEW ROOF 1996, NEW PAINT, VINYL AND WALLPAPER 1997. GREAT CENTRAL LOCATION IN QUIET CUL D SAC AREA. HANDICAP ACCESSIBLE RANCH TOWNHOME WITH WORKING FIREPLACE IN LIVING ROOM. REFRIGERATOR AND CEILING FAN AS WELL AS ALL WINDOW COVERINGS TO REMAIN. COZY AND READY TO MOVE INTO IMMEDIATELY. CHECK OUT FIRST TIME HOME BUYERS PROGRAM ALSO.
TMLS #1759858
Jul 1, 2011
Listing Removed
—
Dec 12, 2010
Listed
$50,000
$69/sq ft
TMLS #1720158
Oct 31, 2010
Listing Removed
—
Apr 10, 2010
Listed
$56,500
$78/sq ft
TMLS #1695648
Apr 11, 2010
Listing Removed
—
Nov 16, 2009
Listed
$56,000
$77/sq ft
TMLS #1624174
Aug 31, 2009
Listing Removed
—
Sep 8, 2008
Listed
$59,000
$81/sq ft
TMLS #846907
Aug 15, 2006
Listing Removed
—
Feb 11, 2006
Listed
$61,500
$84/sq ft
TMLS #591045
Dec 31, 2001
Listing Removed
—
Apr 11, 2001
Listed
$59,900
$82/sq ft
Public Records
Jan 18, 2001
Sold
$60,000
$82/sq ft
Public Records
Apr 20, 1999
Sold
$60,000
$82/sq ft
Public Records
May 2, 1994
Sold
$47,000
$65/sq ft
Public Records
Dec 15, 1986
Sold
$44,000
$60/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,260 (+0.4%)
$42,000 + $100,227
$142,227
2024
$1,255 (+11.3%)
$42,000 + $100,227
$142,227
2023
$1,128 (+7.5%)
$42,000 + $100,227
$142,227
2022
$1,049 (+4.0%)
$32,000 + $69,666
$101,666
2021
$1,009 (+1.8%)
$32,000 + $69,666
$101,666
2020
$991 (−6.2%)
$32,000 + $69,666
$101,666
2019
$1,057 (+5.9%)
$32,000 + $69,666
$101,666
2018
$998 (+4.9%)
$30,000 + $59,466
$89,466
2017
$951 (+2.1%)
$30,000 + $59,466
$89,466
2016
$931 (+26.8%)
$30,000 + $59,466
$89,466
2015
$734 (+5.3%)
$30,000 + $59,466
$89,466
2014
$697 (+6.9%)
$12,000 + $56,962
$68,962
2013
$652 (+1.0%)
$12,000 + $56,962
$68,962
2011
$646
$12,000 + $56,962
$68,962
Tax history for 4516 N New Hope Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,260 (+0.4%)
$42,000 + $100,227
$142,227
2024
$1,255 (+11.3%)
$42,000 + $100,227
$142,227
2023
$1,128 (+7.5%)
$42,000 + $100,227
$142,227
2022
$1,049 (+4.0%)
$32,000 + $69,666
$101,666
2021
$1,009 (+1.8%)
$32,000 + $69,666
$101,666
2020
$991 (−6.2%)
$32,000 + $69,666
$101,666
2019
$1,057 (+5.9%)
$32,000 + $69,666
$101,666
2018
$998 (+4.9%)
$30,000 + $59,466
$89,466
2017
$951 (+2.1%)
$30,000 + $59,466
$89,466
2016
$931 (+26.8%)
$30,000 + $59,466
$89,466
2015
$734 (+5.3%)
$30,000 + $59,466
$89,466
2014
$697 (+6.9%)
$12,000 + $56,962
$68,962
2013
$652 (+1.0%)
$12,000 + $56,962
$68,962
2011
$646
$12,000 + $56,962
$68,962
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-10
Residential-10 District
R-10 allows single-unit living in a detached house, or tiny house, and twounit living in an attached house or townhouse or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse or apartment. Smaller minimum lot sizes are permitted as part of a compact development.; Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space. 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, and allowed uses may be modified for the R- 10 district within the TOD overlay to enable transitoriented development.; R-10 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or tiny house with a minimum lot size of 4,000 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 preservingcommon 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.
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
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Wood
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Townhouse
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: CEDAR VILLAGE SUB
Living Sq. Ft: 728
Building Sq. Ft: 728
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LO18 CEDAR VILLAGE SUB BM1981-00165
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,049
Legal Lot Number: 18
Municipality Name: RALEIGH
Acres: 0.07
Zoning Code: R-10
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: Water Available
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 728
Stories: 1.0
Lot Size: 3,049 square feet
Style: Townhouse
Year Built: 1982
Year Renovated: 1982
County: Wake County
APN: 1726.19 62 4340 000
Home facts updated by county records on Aug 11, 2026
Around this home
Schools
North Forest Pines Elementary
Public PreK-5 • Assigned • 7.7mi
6/10
East Millbrook Middle
Public 6-8 • Assigned • 0.9mi
2/10
Wake Forest High School
Public 9-12 • Assigned • 10.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
60% 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)
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52
65
44
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34
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Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$149,000 – $181,000
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