Perfect opportunity to get into this hot neighborhood at a great price! Great starter home, investor special, or fix and flip. Ride around this neighborhood and check out the prices of the new homes coming up on similar size lots. Priced well under tax value for a speedy closing.
Perfect opportunity to get into this hot neighborhood at a great price! Great starter home, investor special, or fix and flip. Ride around this neighborhood and check out the prices of the new homes coming up on similar size lots. Priced well under tax value for a speedy closing.
TMLS #1764582
Jun 27, 2011
Sold
$157,500
$121/sq ft
Jun 27, 2011
Sold
$157,500
$121/sq ft
Jan 23, 2011
Listed
$184,000
$141/sq ft
Jan 23, 2011
Listed
$184,000
$141/sq ft
BRAND NEW A/C UNIT as of Aug!This is a steal!Price reduced $30,000!Don't miss your chance to update this darling home priced over $60,000 UNDER tax value!Located near the HOT spot of 5 Points inside the beltline!This home is surrounded by many updated homes. We have photos inside of what it could potentially be!There's a workshop under the home & 2 Storage Sheds. Home is sold AS IS
TMLS #1653036
Dec 22, 2010
Listing Removed
—
Mar 11, 2009
Listed
$189,900
$146/sq ft
TMLS #1614153
Jan 29, 2009
Listing Removed
—
Jul 29, 2008
Listed
$249,900
$192/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,127 (+0.4%)
$400,000 + $70,914
$470,914
2024
$4,110 (+7.5%)
$400,000 + $70,914
$470,914
2023
$3,822 (+7.6%)
$400,000 + $70,914
$470,914
2022
$3,552 (+4.0%)
$274,500 + $74,299
$348,799
2021
$3,414 (+1.9%)
$274,500 + $74,299
$348,799
2020
$3,352 (+23.9%)
$274,500 + $74,299
$348,799
2019
$2,706 (+6.0%)
$274,500 + $74,299
$348,799
2018
$2,552 (+5.0%)
$165,750 + $66,034
$231,784
2017
$2,431 (+2.1%)
$165,750 + $66,034
$231,784
2016
$2,381 (−9.6%)
$165,750 + $66,034
$231,784
2015
$2,633 (+5.4%)
$165,750 + $66,034
$231,784
2014
$2,497 (+7.0%)
$165,240 + $87,153
$252,393
2013
$2,333
$165,240 + $87,153
$252,393
2012
$2,333 (+1.0%)
$165,240 + $87,153
$252,393
2011
$2,310
$165,240 + $87,153
$252,393
Tax history for 704 New Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,127 (+0.4%)
$400,000 + $70,914
$470,914
2024
$4,110 (+7.5%)
$400,000 + $70,914
$470,914
2023
$3,822 (+7.6%)
$400,000 + $70,914
$470,914
2022
$3,552 (+4.0%)
$274,500 + $74,299
$348,799
2021
$3,414 (+1.9%)
$274,500 + $74,299
$348,799
2020
$3,352 (+23.9%)
$274,500 + $74,299
$348,799
2019
$2,706 (+6.0%)
$274,500 + $74,299
$348,799
2018
$2,552 (+5.0%)
$165,750 + $66,034
$231,784
2017
$2,431 (+2.1%)
$165,750 + $66,034
$231,784
2016
$2,381 (−9.6%)
$165,750 + $66,034
$231,784
2015
$2,633 (+5.4%)
$165,750 + $66,034
$231,784
2014
$2,497 (+7.0%)
$165,240 + $87,153
$252,393
2013
$2,333
$165,240 + $87,153
$252,393
2012
$2,333 (+1.0%)
$165,240 + $87,153
$252,393
2011
$2,310
$165,240 + $87,153
$252,393
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1.5
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
1977
Sq. Ft.
1,251
Year built
1947
Style
Single Family Residential
County
Wake County
APN
1714.05 08 3511 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
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
Parking
Parking Information
Parking Features: Driveway, Gravel
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Electric Range, Electric Water Heater
Directions: Take a right on E. Whitaker Mill Rd at Five Points and continue to Pershing St. Take a right on Pershing and the home is one the corner of New Rd. and Pershing.
Latitude: 35.806079
Longitude: -78.62796
Postal Code: 27608
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,251
Stories: 1.5
Lot Size: 6,970 square feet
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1977
County: Wake County
APN: 1714.05 08 3511 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2015-03-05
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 • 1.7mi
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)
49
31
56
37
71
48
78
56
80
61
90
71
91
75
85
70
81
65
72
54
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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
$539,000 – $652,000
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