703 New Rd is a 975 square foot multi-family home on a 5,663 square foot lot. - it last sold on February 17, 1992 for $22,000. Based on Redfin's Raleigh data, we estimate the home's value is $418,631.
Multi-familyProperty Type
1949Year Built
5,663 sq ftLot Size
$429Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$418,631
$397K since sold in February 1992$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 29% lower than the average sale price ($590K) of 6 comparable homes.
*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 Bathroom Fixtures: 5
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Converted School
Exterior Wall: Aluminum Siding
Roof Shape Type: Gable
Building Type: Two Family
Property Information
Living Sq. Ft: 975
Building Sq. Ft: 975
# of Units: 2
# of Stories: 1
Stories Type: 1
Legal Description: LO26 GEORGETOWN HOUSING CORP
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,663
Legal Lot Number: 26
Municipality Name: RALEIGH
Acres: 0.13
Zoning Code: R-10
County Use Description: RESIDENTIAL-2 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: —
Sq. Ft.: 975
Stories: 1.0
Lot Size: 5,663 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1949
Year Renovated: 1949
County: Wake County
APN: 1714.05 08 2685 000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Underwood Elementary
Public K-5 • Assigned • 1.0mi
9/10
Oberlin Middle School
Public 6-8 • Assigned • 1.7mi
7/10
Needham Broughton High
Public 9-12 • Assigned • 1.8mi
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 106° 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 • 27608
Average low and high temperatures (°F)
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91
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81
65
72
54
66
47
54
36
Jan
Feb
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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
$398,000 – $482,000
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