3103 N New Hope Rd

1,108 Sq. Ft.
$176 / Sq. Ft.
1,108
Sq. Ft.
$176
per Sq. Ft.

Description

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...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.
  1. Listed by Sherrie Smith • NorthGroup Real Estate, Inc.
  2. Listed by Jeff Leonard • NorthGroup Real Estate, Inc.

Property Details for 3103 North New Hope Road

View
Yes
Subdivision
Kelly Heights
LISTING UPDATED: 04/08/2026 01:14 AM

Property Details for 3103 North New Hope Road

StatusActive
MLS #10157893
Days on Market3
Taxes$1,890 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size0.56 AC / 24,393 SF
CountyWake County

Location

Listing Courtesy of NorthGroup Real Estate, Inc.
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Building Information for 3103 North New Hope Road

Stories1Year Built1960Building Size-Lot Size0.56 AC / 24,393 SF

Payment Calculator

$1,139 per month

30 year fixed, 6.46% Interest

Principal and Interest

$982

Property Taxes

$158

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3103 North New Hope Road

Summary
Location and General Information
  • Zoning: R-4
  • Directions: From downtown Raleigh take Capital Blvd. North stay right onto US 401 North. Turn right onto N. New Hope Road, Turn right onto Haithcock Rd and it is the first property and driveway on your right. The property is at the corner of N. New Hope Rd and Haithcock.
  • Subdivision Name: Kelly Heights
  • Latitude: 35.82333
  • Longitude: -78.569738
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $1,889.98
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 125/126
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Wilburn
  • Middle Or Junior School: Wake - Durant
  • High School: Wake - Heritage
Parking
  • Parking Features: Asphalt, Driveway, Paved
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1108.0
  • Lot Features: Back Yard, City Lot, Corner Lot, Hardwood Trees, Rectangular Lot
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Other Structures: Shed(s)
  • Parcel Number: 0047062
  • Structure Type: House
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
Property and Assessments
  • New Construction: No
  • Photos Count: 20
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
  • Property Condition: Fixer
Utilities
  • Sewer: Unknown
  • Water Source: See Remarks
  • Water_Sewer: See Remarks, Unknown
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, House
Interior Features
  • Levels: One
  • Stories: 1
  • Master Bedroom 1st Floor: 3
  • Fireplace Features: None
  • Fireplace Y N: Yes
  • Flooring: Carpet, Tile, Other
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Electric Water Heater
  • Laundry Features: Other
  • Interior Features: Ceiling Fan(s)
  • Equipment Appliances: Electric Water Heater
  • Interior: Asphalt, Driveway, Paved, Brick, Other
  • Equipment: Electric Water Heater, Other, Asphalt, Driveway, Paved
Room Information
Room Information
  • Rooms Total: 7.0
Room 1
  • Room Dimensions: 11.42 x 8.75
  • Room Width: 8.75
  • Room Length: 11.42
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 12.33 x 8.42
  • Room Width: 8.42
  • Room Length: 12.33
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 13.75 x 14.17
  • Room Width: 14.17
  • Room Length: 13.75
  • Room Level: Main
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 16.9 x 14
  • Room Width: 14.0
  • Room Length: 16.9
  • Room Level: Main
  • Room Type: Living Room
Room 5
  • Room Dimensions: 19.33 x 10.58
  • Room Width: 10.58
  • Room Length: 19.33
  • Room Level: Main
  • Room Type: Kitchen
Room 6
  • Room Dimensions: 3.67 x 8.75
  • Room Width: 8.75
  • Room Length: 3.67
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 7
  • Room Dimensions: 6.75 x 7
  • Room Width: 7.0
  • Room Length: 6.75
  • Room Level: Main
  • Room Type: Bathroom 2
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 3103 North New Hope Road

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

TRIANGLEMLS #10157893

$195,000—
Aug 17, 2023

Sold (Public Record)

Public Record #1516774973

$165,000—
Aug 15, 2023

Sold (Public Record)

Public Record #1516774712

$125,000

+1.9% / yr

Oct 24, 2016

Sold (Public Record)

Public Record #581315030

$110,000

+0.6% / yr

Aug 18, 2005

Sold (Public Record)

Public Record #164394790

$102,500—
DateEvent & SourcePrice
04/06/2026

Listed (Active)

TRIANGLEMLS #10157893

$195,000
08/17/2023

Sold (Public Record)

Public Record #1516774973

$165,000
08/15/2023

Sold (Public Record)

Public Record #1516774712

$125,000

+1.9% / yr

10/24/2016

Sold (Public Record)

Public Record #581315030

$110,000

+0.6% / yr

08/18/2005

Sold (Public Record)

Public Record #164394790

$102,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3103 North New Hope Road

Taxable ValueLand$76,000Additions$138,422Total$214,422
Tax Record2025$20 ($2 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtStories1Lot Size24,394 SqFtStyleSingle Family ResidenceYear Built1960ZoningR-4CountyWAKEAPN1725.16-74-5885 0047062Fireplace TypeHas Fireplace

Schools near 3103 North New Hope Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Wilburn Elementary
PublicPK to 5

Durant Road Middle
Public6 to 8

Heritage High School
Public9 to 12

River Oaks Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3103 North New Hope Road is a single family home for sale in Raleigh, NC 27604. This property was listed for sale on April 6, 2026 by NorthGroup Real Estate, Inc., it's currently listed at $195,000. It has been on the market for a total of 3 days and was last sold on August 17, 2023. This listing's school district is Wake County School District. Nearby schools include Wilburn Elementary, Durant Road Middle and Heritage High School. 3103 North New Hope Road is a 3-bed, 2-bath, 1,108 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthGroup Real Estate, Inc.

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