11+ acres, WILL DIVIDE. Prime location near approved 540 route, convenient to downtown Raleigh, Fuquay Varina, Wake Tech, restaurants, shopping and more. This is a land sale, but there is a house on the property occupied by tenants, lease month-to-month.
Sold for $825,000
Street View
$825,000
2900 Banks Rd, Raleigh, NC 27603
3beds
0baths
11.22Acres
VacantLand
Built in 1985
11.22 Acres Lot
$764,200 Zestimate®
$472/sqft
$1,691 Estimated rent
Home value
$764,200
$642,000 - $856,000
$1,691/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Heating
- Forced air, Heat pump, Electric
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,748 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Wood, Brick
Lot
- Size: 11.22 Acres
- Topography: Level
- Residential vegetation: Heavy Wood
Details
- Parcel number: 0698375260
Utilities & green energy
- Utilities for property: Electricity on Site
Community & neighborhood
Location
- Region: Raleigh
Other
Other facts
- Type: Vacant
- Road Description: Street Paved, Public Maintenance
- Topography: Level
- Subdivision: Not in a Subdivision
- Vegetation: Heavy Wood
- Utilities: Electricity on Site
- Water Supply: Well On Site
- Road Frontage Description: Has Frontage
- Buildings: Main House, Storage Shed
- Special Conditions: No Special Conditions
- Sale/Rent: For Sale
- Listing Type: Exclusive Right
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Sold | $825,000+13.8%$472/sqft |
Source: Public Record Report a problem | ||
| 7/1/2021 | Listing removed | -- |
Source:  Doorify MLS #2368065 Report a problem | ||
| 4/3/2021 | Price change | $725,000+11.5%$415/sqft |
Source: Doorify MLS #2368065 Report a problem | ||
| 2/22/2021 | Listed for sale | $650,000$372/sqft |
Source: Doorify MLS #2368065 Report a problem | ||
| 11/9/2020 | Listing removed | $650,000$372/sqft |
Source: Team Joel Sullivan Realty #2288394 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,582 +3% | $713,219 |
| 2024 | $4,449 +21.9% | $713,219 +53.2% |
| 2023 | $3,650 +7.9% | $465,622 |
Find assessor info on the county website
Neighborhood: 27603
Nearby schools
GreatSchools rating
- 3/10Banks Road ElementaryGrades: PK-5Distance: 1.5 mi
- 8/10West Lake MiddleGrades: 6-8Distance: 4.5 mi
- 5/10Willow Spring HighGrades: 9-12Distance: 5.2 mi