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720 Bishops Park Dr

Raleigh, NC 27605

2 bd 2 ba 1,106 sqft Built 1983 condos
Most recent sale
$405,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $405,000 MLS #2474738
Sep 17, 2022 Listed $390,000 MLS #2474738
Apr 11, 2019 Listing removed $319,900 DoorifyMLS
Apr 11, 2019 Sold $310,000 Public Record
Feb 21, 2019 Listed $319,900 MLS #2238155
Jun 1, 2009 Sold $183,000 Public Record
May 23, 2009 Listing removed $200,000 DoorifyMLS
Mar 21, 2009 Relisted $199,000 MLS #1625670
Jan 6, 2009 Sold $183,000 DoorifyMLS
Sep 26, 2008 Listed $199,000 MLS #1625670
Dec 30, 2004 Sold $170,000 Public Record
Apr 3, 2002 Sold $157,750 DoorifyMLS
Apr 1, 2002 Sold $158,000 Public Record
Aug 10, 1999 Sold $160,000 Public Record
Nov 16, 1983 Sold $79,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $389,690 $389,690 $3,418
2024 $389,690 $389,690 $3,404
2023 $311,889 $311,889 $3,419
2022 $311,889 $311,889 $3,177
2021 $311,889 $311,889 $2,504
2020 $311,889 $311,889 $2,459
2019 $215,844 $215,844 $2,373
2018 $215,844 $215,844 $2,238
2017 $215,844 $215,844 $2,132
2016 $215,844 $215,844 $2,088
2015 $185,131 $185,131 $1,937
2014 $185,131 $185,131 $1,838
2013 $185,131 $185,131 $1,717
2012 $185,131 $185,131 $1,717
2011 $185,131 $185,131 $1,700
2010 $185,131 $185,131 $1,700
2009 $185,131 $185,131 $1,700
2007 $204,796 $204,796 $1,730

Property facts

Year built
1983
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,106 sqft
Lot size
ZIP code
27605
City
Raleigh
Street
Bishops Park Dr
Coordinates
35.79450, -78.64701

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,493
Gross rental yield
4.42%
Implied cap rate
2.88%
Trend-extrapolated value

Frequently asked questions

When did 720 Bishops Park Dr last sell?
720 Bishops Park Dr most recently sold on Oct 14, 2022 for $405,000.
What is the current tax assessment for 720 Bishops Park Dr?
The most recent total assessment for 720 Bishops Park Dr (year 2025) is $389,690 with $3,418 in property tax.
How does 720 Bishops Park Dr's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $405,000.
When was 720 Bishops Park Dr built?
720 Bishops Park Dr was built in 1983.
How does 720 Bishops Park Dr compare to others on Bishops Park Dr?
We track 6 other properties on Bishops Park Dr. Browse the list under "Other properties on Bishops Park Dr" to compare beds, baths, and sale history.
What are the property facts for 720 Bishops Park Dr?
720 Bishops Park Dr is a 2 bed, 2 bath, 1,106 sqft condos.
Is 720 Bishops Park Dr a flip candidate?
No — 720 Bishops Park Dr does not appear in our flips dataset.
Is 720 Bishops Park Dr a tax-appeal candidate?
No — 720 Bishops Park Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.9%
Implied 1-yr
+27.6%
2026 Q2
$1.11M
2026 Q3
$1.16M
ZIP 27605 — Median Price History + Forecast

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