Large Location Icon

724 New Rd; Raleigh, NC Property Details

724 New Rd, Raleigh, NC is a Single Family that was built in 1949. This property is currently Financed and is not for sale. Our records show that 724 New Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,125 square feet. The lot size of 724 New Rd is 5,663 square feet.

Off market
724 New Rd Raleigh, NC 27608
$305,000 Listing Price
3 Beds
2 Baths
1,125 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1949
  • Purchase Price: $259,000
  • Open Loans / Balance: 3 / $489,795
  • Est. Equity / %: $75,205 / 13.31%
  • Gross Yield: 6.401%
  • APN: 1714.05-08-8395-000
  • Situs County: Wake
  • Length Of Ownership: 16 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,125/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,125/SqFt
  • Living: 1,125/SqFt
  • Building: 1,125/SqFt
  • Price Per Square Foot: $230.22

Legal Description

  • Description: LO54 GEORGETOWN HOUSING CORP BM1946-0000
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.805637 / -78.625984
  • Subdivision: Property/Georgetown Hsng Corpo
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2708
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

724 New Rd has no associated ownership info
724 New Rd has no associated ownership info.

Taxes

724 New Rd has 10 associated Taxes items

724 New Rd, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $494,611. The APN we've located for 724 New Rd is 1714.05-08-8395-000.

Unlock the full report
Taxes
  • Assessed Value:  $494,611
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1714.05-08-8395-000
  • Assessed Land Value:  400000
  • Market Land Value:  400000
  • Tax Amount:  4333.5
  • Tax Year:  2025
  • Market Value:  494611
  • Market Year:  2025

Tax History

724 New Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $494,611 Land Value $400,000 Improvement Value $94,611 Tax Amount $4,333.5 Change Rate +0.004124% Assessed CR Tax Rate +0.008761%
Year 2024 Assessed Value $494,611 Land Value $400,000 Improvement Value $94,611 Tax Amount $4,315.7 Change Rate +0.098277% Assessed CR Tax Rate +0.008725%
Year 2023 Assessed Value $358,671 Land Value $289,750 Improvement Value $68,921 Tax Amount $3,929.52 Change Rate +0.076124% Assessed CR Tax Rate +0.010956%
Year 2022 Assessed Value $358,671 Land Value $289,750 Improvement Value $68,921 Tax Amount $3,651.55 Change Rate +0.040366% Assessed CR Tax Rate +0.010181%
Year 2021 Assessed Value $358,671 Land Value $289,750 Improvement Value $68,921 Tax Amount $3,509.87 Change Rate +0.018526% Assessed CR Tax Rate +0.009786%
Year 2020 Assessed Value $358,671 Land Value $289,750 Improvement Value $68,921 Tax Amount $3,446.03 Change Rate -0.027567% Assessed CR Tax Rate +0.009608%
Year 2019 Assessed Value $304,057 Land Value $185,250 Improvement Value $118,807 Tax Amount $3,543.72 Change Rate +0.060318% Assessed CR Tax Rate +0.011655%
Year 2018 Assessed Value $304,057 Land Value $185,250 Improvement Value $118,807 Tax Amount $3,342.13 Change Rate Assessed CR Tax Rate +0.010992%
Year 2017 Assessed Value $304,057 Land Value $185,250 Improvement Value $118,807 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $304,057 Land Value $185,250 Improvement Value $118,807 Tax Amount $3,117.73 Change Rate +0.00096% Assessed CR Tax Rate +0.010254%
Year 2015 Assessed Value $298,864 Land Value $172,800 Improvement Value $126,064 Tax Amount $3,114.74 Change Rate +0.054329% Assessed CR Tax Rate +0.010422%
Year 2014 Assessed Value $298,864 Land Value $172,800 Improvement Value $126,064 Tax Amount $2,954.24 Change Rate Assessed CR Tax Rate +0.009885%