For sale

$325,000

2840 Banks Rd, Raleigh, NC 27603

3beds

1,660sqft

Est.:

Single Family Residence, Residential

Built in 1970

0.51 Acres Lot

$314,400 Zestimate^®

$196/sqft

$-- HOA

What's special

Mostly brick ranchOversized detached workshopGarden areaChicken coop

Private, tree-lined ½-acre retreat just minutes from Hwy 401 and I-540. This 1970 mostly brick ranch features 3 bedrooms, 2 full baths, and two fireplaces in separate living areas, along with a new roof installed January 2026. Full of character and ready for your personal touch. Oversized detached workshop offers endless potential for hobbies or business use. Property also includes a chicken coop and garden area, ideal for small-scale homesteading. Perfect blend of privacy, space, and convenience.

9 hours

684

95

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range
Laundry: Laundry Room

Features

Beamed Ceilings, Ceiling Fan(s)
Flooring: Carpet, Laminate, Tile
Number of fireplaces: 2

Interior area

Total structure area: 1,660
Total interior livable area: 1,660 sqft
Finished area above ground: 1,660
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Driveway
Garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Fenced Yard, Private Yard
Fencing: Chain Link
Has view: Yes

Lot

Size: 0.51 Acres
Features: Back Yard

Details

Parcel number: 069801471027000 0003723
Zoning: R-30
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Brick, Wood Siding
Roof: Shingle

Condition

New construction: No
Year built: 1970

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available, Electricity Connected

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $297,557
Annual tax amount: $1,923
Date on market: 4/8/2026
Road surface type: Asphalt

Estimated market value

$314,400

$299,000 - $330,000

$1,929/mo

Price history

Date	Event	Price
4/8/2026	Listed for sale	$325,000+84.7%$196/sqft
Source: Doorify MLS #10158149 Report a problem
3/5/2019	Sold	$176,000+3.5%$106/sqft
Source: Doorify MLS #2230098 Report a problem
2/3/2019	Pending sale	$170,000$102/sqft
Source: Be Home Realty #2230098 Report a problem
2/1/2019	Price change	$170,000-5.6%$102/sqft
Source: Be Home Realty #2230098 Report a problem
1/25/2019	Price change	$180,000-2.7%$108/sqft
Source: Be Home Realty #2230098 Report a problem
1/9/2019	Listed for sale	$185,000+21.7%$111/sqft
Source: Be Home Realty #2230098 Report a problem
10/30/2014	Sold	$152,000-4.9%$92/sqft
Source: Public Record Report a problem
7/16/2014	Listed for sale	$159,900$96/sqft
Source: RE/MAX ONE REALTY #1929678 Report a problem
6/25/2014	Pending sale	$159,900$96/sqft
Source: RE/MAX ONE REALTY #1929678 Report a problem
2/2/2014	Listed for sale	$159,900$96/sqft
Source: Re/Max One Realty #1929678 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,923 +3%	$297,557
2024	$1,868 +36.2%	$297,557 +71.7%
2023	$1,371 +7.8%	$173,289
2022	$1,272 +2.7%	$173,289
2021	$1,238 +1.7%	$173,289
2020	$1,217 -4.1%	$173,289 +13.3%
2019	$1,269	$152,953
2018	$1,269 +14.6%	$152,953
2017	$1,107 +2%	$152,953
2016	$1,085 +13.9%	$152,953 +13.9%
2015	$953 +5.4%	$134,342
2014	$904	$134,342
2013	--	$134,342
2012	--	$134,342
2011	--	$134,342
2010	--	$134,342
2009	--	$134,342
2008	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--