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4840 N New Hope Rd, Raleigh, NC 27604

4,274 sqft
Sold: $257,200
Sold on 04/11/14
Zestimate®: $276,233
Est. Mortgage:

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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes
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GREAT 4 UNIT INVESTMENT PROPERTY Convenient North Raleigh On Bus Line. Walk To Shops, Restaurants. Mostly Brick. Each Unit Is 1-Story With Fireplace, Large Master, Walk-In Closet, Fans. 3 Units Have Screened Porches, 4th Has Deck. Good Tenants & Rental History. $295,000. Call Doreen Silber 919-812-5874. Doreen Silber & Co.
 
Facts
  • Lot: 0.41 acres
  • Single Family
  • Built in 1980
  • Heating: Forced air
  • Last sold: Apr 2014 for $257,200
  • Price/sqft: $60
Features
  • Fireplace
    Construction
    • Exterior material: Brick
    • Room count: 16
    • # Stories: 2.0
    • Unit count: 4
    Other
    • Floor size: 4,274 sqft
    • Last remodel year: 1990
    • Parcel #: 172615630989000
    • Zillow Home ID: 6462061
    Home Values
    Add owner estimate
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    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $276,233
    -$1,307 Last 30 daysd
    $254K
    $301K
    Zestimate range
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,351/mo
    -$57 Last 30 daysd
    $811
    $1.9K
    Zestimate range
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    Neighborhood for 4840 N New Hope Road

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    Zillow predicts Northeast Raleigh home values will rise 2.5% next year, compared to a 2.6% rise for Raleigh as a whole. Among Northeast Raleigh homes, this home is valued 86.1% more than the midpoint (median) home, but is valued 34.8% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the Northeast Raleigh market, the number of foreclosures waiting to be sold dropped 54.7% in the last year. The number of unsold foreclosures is 72.2% greater than in Raleigh, and 103% greater than the national average. This higher local number may prevent Northeast Raleigh home values from rising as quickly as other regions in Raleigh.

    Learn more about forecast calculations or Northeast Raleigh home values.
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      Contact a local agent

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      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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