718 New Rd is a 862 square foot house on a 6,098 square foot lot with 1 bathroom. Based on Redfin's Raleigh data, we estimate the home's value is $468,619.
Single-familyProperty Type
1949Year Built
6,098 sq ftLot Size
$544Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$468,619
$15K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12.5% lower than the average sale price ($536K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,725 (+0.4%)
$400,000 + $24,826
$424,826
2024
$3,710 (+4.2%)
$400,000 + $24,826
$424,826
2023
$3,560 (+7.6%)
$400,000 + $24,826
$424,826
2022
$3,308 (+4.0%)
$289,750 + $35,011
$324,761
2021
$3,180 (+1.9%)
$289,750 + $35,011
$324,761
2020
$3,122 (+14.6%)
$289,750 + $35,011
$324,761
2019
$2,724 (+6.0%)
$289,750 + $35,011
$324,761
2018
$2,569 (+5.0%)
$185,250 + $48,077
$233,327
2017
$2,447 (+2.1%)
$185,250 + $48,077
$233,327
2016
$2,397 (+3.4%)
$185,250 + $48,077
$233,327
2015
$2,319 (+5.5%)
$185,250 + $48,077
$233,327
2014
$2,199 (+7.0%)
$131,400 + $90,636
$222,036
2013
$2,055
$131,400 + $90,636
$222,036
2012
$2,055 (+1.0%)
$131,400 + $90,636
$222,036
2011
$2,035
$131,400 + $90,636
$222,036
Tax history for 718 New Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,725 (+0.4%)
$400,000 + $24,826
$424,826
2024
$3,710 (+4.2%)
$400,000 + $24,826
$424,826
2023
$3,560 (+7.6%)
$400,000 + $24,826
$424,826
2022
$3,308 (+4.0%)
$289,750 + $35,011
$324,761
2021
$3,180 (+1.9%)
$289,750 + $35,011
$324,761
2020
$3,122 (+14.6%)
$289,750 + $35,011
$324,761
2019
$2,724 (+6.0%)
$289,750 + $35,011
$324,761
2018
$2,569 (+5.0%)
$185,250 + $48,077
$233,327
2017
$2,447 (+2.1%)
$185,250 + $48,077
$233,327
2016
$2,397 (+3.4%)
$185,250 + $48,077
$233,327
2015
$2,319 (+5.5%)
$185,250 + $48,077
$233,327
2014
$2,199 (+7.0%)
$131,400 + $90,636
$222,036
2013
$2,055
$131,400 + $90,636
$222,036
2012
$2,055 (+1.0%)
$131,400 + $90,636
$222,036
2011
$2,035
$131,400 + $90,636
$222,036
*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.