3233 Banks Rd
Raleigh, NC 27603
3 bd 3 ba 1,350 sqft Built 1984 Lot 37,462 sqft single_family
Most recent sale
$220,000
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 3, 2025 | Price changed for rent | $1,695 | Mynd.co |
| Aug 27, 2025 | Price changed for rent | $1,745 | Mynd.co |
| Aug 20, 2025 | Price changed for rent | $1,795 | Mynd.co |
| Aug 18, 2025 | Price changed for rent | $1,815 | Mynd.co |
| Aug 11, 2025 | Price changed for rent | $1,845 | Mynd.co |
| Aug 8, 2025 | Listed for rent | $1,895 | Mynd.co |
| Aug 5, 2025 | Price changed for rent | $1,895 | Mynd.co |
| Jul 28, 2025 | Price changed for rent | $1,945 | Mynd.co |
| Jul 22, 2025 | Price changed for rent | $1,995 | Mynd.co |
| Jul 15, 2025 | Price changed for rent | $2,045 | Mynd.co |
| Jul 8, 2025 | Price changed for rent | $2,095 | Mynd.co |
| Jul 2, 2025 | Listed for rent | $2,105 | Mynd.co |
| Apr 2, 2023 | Price changed for rent | $2,015 | Zumper |
| Apr 1, 2023 | Price changed for rent | $2,015 | TenantTurner |
| Mar 31, 2023 | Price changed for rent | $1,995 | Zumper |
| Mar 2, 2023 | Listed for rent | $1,895 | Zumper |
| Feb 13, 2023 | Listed for rent | $1,895 | TenantTurner |
| Feb 10, 2023 | Listed for rent | $1,895 | Zumper |
| Feb 8, 2023 | Listed for rent | $1,895 | Zumper |
| Oct 17, 2022 | Sold | $220,000 | MLS #2473758 |
| Sep 16, 2022 | Price changed | $275,000 | MLS #2473758 |
| Sep 12, 2022 | Listed | $299,000 | MLS #2473758 |
| Nov 1, 2005 | Sold | $114,000 | Public Record |
| Jun 28, 2001 | Sold | $114,000 | Public Record |
| Jun 9, 1994 | Sold | $96,000 | Public Record |
| Apr 30, 1985 | Sold | $66,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $218,913 | $100,000 | $318,913 | $2,059 |
| 2024 | $230,908 | $100,000 | $330,908 | $2,000 |
| 2023 | $131,227 | $45,000 | $176,227 | $1,394 |
| 2022 | $131,227 | $45,000 | $176,227 | $1,292 |
| 2021 | $131,227 | $45,000 | $176,227 | $1,258 |
| 2020 | $131,227 | $45,000 | $176,227 | $1,238 |
| 2019 | $90,994 | $45,000 | $135,994 | $1,131 |
| 2018 | $90,994 | $45,000 | $135,994 | $1,040 |
| 2017 | $90,994 | $45,000 | $135,994 | $987 |
| 2016 | $90,994 | $45,000 | $135,994 | $967 |
| 2015 | $91,438 | $45,000 | $136,438 | $968 |
| 2014 | $91,438 | $45,000 | $136,438 | $918 |
| 2013 | $91,438 | $45,000 | $136,438 | $858 |
| 2012 | $91,438 | $45,000 | $136,438 | $858 |
| 2011 | $91,438 | $45,000 | $136,438 | $858 |
| 2010 | $91,438 | $45,000 | $136,438 | $858 |
| 2009 | $91,438 | $45,000 | $136,438 | $858 |
| 2007 | $91,438 | $45,000 | $136,438 | $794 |
Property facts
Year built
1984
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,350 sqft
Lot size
37,462 sqft
ZIP code
27603
City
Raleigh
Street
Banks Rd
Coordinates
35.63420, -78.69779
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,823
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value
—
Frequently asked questions
When did 3233 Banks Rd last sell?
3233 Banks Rd most recently sold on Oct 17, 2022 for $220,000.
What is the current tax assessment for 3233 Banks Rd?
The most recent total assessment for 3233 Banks Rd (year 2025) is $318,913 with $2,059 in property tax.
How does 3233 Banks Rd's assessment compare to its last sale price?
The current assessment is 45.0% above the last sale price of $220,000.
When was 3233 Banks Rd built?
3233 Banks Rd was built in 1984.
How does 3233 Banks Rd compare to others on Banks Rd?
We track 8 other properties on Banks Rd. Browse the list under "Other properties on Banks Rd" to compare beds, baths, and sale history.
What are the property facts for 3233 Banks Rd?
3233 Banks Rd is a 3 bed, 3 bath, 1,350 sqft, 37,462 sqft lot single_family.
Is 3233 Banks Rd a flip candidate?
No — 3233 Banks Rd does not appear in our flips dataset.
Is 3233 Banks Rd a tax-appeal candidate?
Yes — 3233 Banks Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$421.2K
2026 Q4
$403K
ZIP 27603 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Banks Rd