Attention investors, flippers, and builders--rare opportunity in Raleigh! Situated on over 0.56 acres at the corner of N. New Hope Rd and Haithcock, this property features a hard-to-find large lot in a prime in-town location, offering excellent potential for renovation, expansion, or new construction. The existing home provides a value-add opportunity with multiple exit strategies: renovate and resell, hold as a rental, or rebuild. The kitchen has already been removed, saving on initial demo costs and allowing for a quicker start. Interior painting has begun, but the property will require a full renovation, including bathrooms, flooring, and HVAC (system disconnected; power currently off). Being sold strictly as-is as part of an estate sale and subject to the upset bid process, with no representations. Buyers should perform all inspections and verify condition during due diligence. The level lot with mature oak trees adds character, privacy, and long-term value--an increasingly rare find in this area of Raleigh. Strong upside potential in a high-demand location--bring your vision and capitalize on the opportunity.
For sale
$195,000
3103 N New Hope Rd, Raleigh, NC 27604
3beds
1,108sqft
Est.:
Single Family Residence, Residential
Built in 1960
0.56 Acres Lot
$304,800 Zestimate®
$176/sqft
$-- HOA
What's special
- 3 days |
- 2,052 |
- 109 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2026 at 10:14pm
Listed by:
Sherrie Smith 919-906-2595,
NorthGroup Real Estate, Inc.,
Jeff Leonard 919-605-8559,
NorthGroup Real Estate, Inc.
Source: Doorify MLS,MLS#: 10157893
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Other
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile, Other
- Has fireplace: Yes
- Fireplace features: None
Interior area
- Total structure area: 1,108
- Total interior livable area: 1,108 sqft
- Finished area above ground: 1,108
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Driveway, Paved
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.56 Acres
- Features: Back Yard, City Lot, Corner Lot, Hardwood Trees, Rectangular Lot
Details
- Additional structures: Shed(s)
- Parcel number: 0047062
- Zoning: R-4
- Special conditions: Third Party Approval
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Unknown
- Water: See Remarks
Community & HOA
Community
- Subdivision: Kelly Heights
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $214,422
- Annual tax amount: $1,889
- Date on market: 4/6/2026
- Road surface type: Asphalt, Paved
Estimated market value
$304,800
$277,000 - $332,000
$1,585/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $195,000+18.2%$176/sqft |
Source:  Doorify MLS #10157893 Report a problem | ||
| 8/17/2023 | Sold | $165,000+17.9%$149/sqft |
Source: Public Record Report a problem | ||
| 10/25/2016 | Sold | $140,000+36.6%$126/sqft |
Source: Public Record Report a problem | ||
| 8/18/2005 | Sold | $102,500$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20 -98.9% | $214,422 |
| 2024 | $1,882 +9311.3% | $214,422 +48.8% |
| 2023 | $20 | $144,140 |
| 2022 | $20 | $144,140 |
| 2021 | $20 | $144,140 |
| 2020 | -- | $144,140 +29.5% |
| 2019 | $20 | $111,345 |
| 2018 | -- | $111,345 |
| 2017 | -- | $111,345 |
| 2016 | $1,154 | $111,345 -5.9% |
| 2015 | -- | $118,316 |
| 2014 | $1,182 | $118,316 |
| 2013 | -- | $118,316 |
| 2012 | -- | $118,316 |
| 2011 | -- | $118,316 |
| 2010 | -- | $118,316 |
| 2009 | -- | $118,316 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$1,112/mo
Principal & interest
$1001
Property taxes
$111
More affordability tools
Climate risks
Neighborhood: Northeast Raleigh
Getting around
30 / 100
Some TransitNearby schools
GreatSchools rating
- 2/10Wilburn ElementaryGrades: PK-5Distance: 0.3 mi
- 5/10Durant Road MiddleGrades: 6-8Distance: 5.6 mi
- 7/10Heritage High SchoolGrades: 9-12Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Wake - Wilburn
- Middle: Wake - Durant
- High: Wake - Heritage
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27604
- North Carolina
- Wake County
- Raleigh
- 27604
- Northeast Raleigh
- 3103 N New Hope Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Raleigh Topics
