See Home Value
$805,000
● House - Off Market

627 New Road

Raleigh, NC 27608
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,951 Ft²
$4,662
Est. Monthly
2.10%
Cap Rate

About This Property

Welcome to the best of Five Points living - a beautifully updated home that blends classic charm with flexible, modern living.

Nestled on a quiet street in one of Raleigh's most sought-after downtown-adjacent neighborhoods, this 3-bedroom, (with flex room/office) 3-bath stunner offers elegant spaces, abundant natural light, and thoughtful versatility that's hard to find this close to the city.

Step inside to find warm oak and bamboo hardwoods, crown molding throughout, and a beautifully reimagined floor plan designed for today's lifestyle. The downstairs bedroom - currently styled as a chic home office - offers private access to a full Jack & Jill bath and could easily become a guest suite or creative studio.

This home was completely rebuilt from the foundation up in 2006 which is evident in the truly expansive primary suite, complete with a separate sitting area, soaring cathedral ceilings, recessed lighting, a massive walk-in closet, and a spa-inspired bathroom featuring a jetted tub, double vanity, and separate shower. These spaces are rare for the area and price point.

The sun-soaked kitchen features granite countertops, abundant cabinetry, and fingerprint-resistant stainless steel appliances. Gather with friends and family in the large rear living room with fireplace - or convert the space into a flexible fourth bedroom if needed.

Step outside to enjoy your professionally landscaped yard, newly sodded with drought-resistant Zeon Zoysia (2024), a pre-wired backyard shed, and a private back deck perfect for relaxing or entertaining.

All of this, a brief stroll from Dock 1053, Neuse River Brewing, East End Bistro, Roanoke Park, High Park Village, McNeil Point, Iron Works, and more.

This is urban elegance with soul - where lifestyle, location, and livability come together.
Unit Size
1,951 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$425
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
2006

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (TMLS #10117294)

Price History

Date / Event Date Event Price
Dec 3, 2025 Sold
Sold
Oct 21, 2025 In contract -
In contract
Aug 29, 2025 Price Decreased $829,000
↓ $21K (2.5%)
Price Decreased
Aug 21, 2025 Listed by Cornerstone Properties $849,900
Listed by Cornerstone Properties
Jul 24, 2025 Price Decreased $850,000
↓ $14K (1.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Business/Commerical Units Count: 8
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEORGETOWN HOUSING CORP
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO32 AND PT OF ABANDONED RD BM1946-00008

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0067834
  • District: 01
  • Parcel: 1704.08-98-8693 0067834
  • Lot: 32
  • Municipality: RALEIGH
  • Latitude: 35.8064
  • Longitude: -78.6293

    Address

  • Full Address: 627 New Rd
  • Address - House Number: 627
  • Address - Street Name: New
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C005
  • 4-Digit Zip Code: 2705
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $458,195

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 724,120
  • High Value: 813,751
  • Low Value: 634,488

    Market Valuation

  • Market Total Value: $450,563
  • Market Land Value: $305,000
  • Market Improvement Value: $145,563

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $450,563
  • Assessed Land Value: $305,000
  • Assessed Improvements Value: $145,563

    Sales

  • Current Sale Contract Date: Oct 25, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 07, 2014
  • Previous Sale Contract Date: Oct 07, 2014
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About University


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 705 Tyler Road, Raleigh, NC, 27604

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 960 ft²
705 Tyler Road, Raleigh, NC, 27604 Listing by Ann-Cabell Baum
Unit for rent at 3809 Boddie Drive, Raleigh, NC, 27609

$2,050 /mo

  • 3 Beds
  • 1 Bath
  • 1,118 ft²
3809 Boddie Drive, Raleigh, NC, 27609 Listing by Tip Iuliucci
Unit for rent at 8 N Swain Street, Raleigh, NC, 27601

$2,000 /mo

  • 2 Beds
  • 2 Baths
8 N Swain Street, Raleigh, NC, 27601 Listing by Dennis Davis


Frequently Asked Questions

When was property at 627 New Road built and last sold?
The property at 627 New Road was built in 2006 and last sold on Oct 25, 2019 for $415,000.
How much is this home worth?
The estimated value of the home located at 627 New Road is $805,529.
What are some comparable homes to 627 New Road?
There are currently no comparable homes to 627 New Road.