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923 Ranch Farm Rd

Raleigh, NC 27603

3 bd 1 ba 1,387 sqft Built 1940 Lot 19,602 sqft single_family
Most recent sale
$208,500
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $208,500 Public Record
May 9, 2022 Price changed $215,000 MLS #2443131
Apr 21, 2022 Listed $250,000 MLS #2443131
Apr 1, 2016 Sold $90,000 Public Record
Jan 16, 2016 Listed $99,900 MLS #2045568

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $168,242 $120,000 $288,242 $1,863
2024 $168,242 $120,000 $288,242 $1,809
2023 $93,263 $48,000 $141,263 $1,121
2022 $93,263 $48,000 $141,263 $1,040
2021 $93,263 $48,000 $141,263 $1,012
2020 $93,263 $48,000 $141,263 $996
2019 $79,189 $30,000 $109,189 $911
2018 $79,189 $30,000 $109,189 $839
2017 $79,189 $30,000 $109,189 $796
2016 $79,189 $30,000 $109,189 $780
2015 $71,217 $40,000 $111,217 $406
2014 $71,217 $40,000 $111,217 $386
2013 $71,217 $40,000 $111,217 $361
2012 $71,217 $40,000 $111,217 $361
2011 $71,217 $40,000 $111,217 $361
2010 $71,217 $40,000 $111,217 $361
2009 $71,217 $40,000 $111,217 $361
2007 $71,217 $40,000 $111,217 $374

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,387 sqft
Lot size
19,602 sqft
ZIP code
27603
City
Raleigh
Street
Ranch Farm Rd
Coordinates
35.70807, -78.65522

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
$1,872
Gross rental yield
10.77%
Implied cap rate
7.00%
Trend-extrapolated value

Frequently asked questions

When did 923 Ranch Farm Rd last sell?
923 Ranch Farm Rd most recently sold on Jun 27, 2022 for $208,500.
What is the current tax assessment for 923 Ranch Farm Rd?
The most recent total assessment for 923 Ranch Farm Rd (year 2025) is $288,242 with $1,863 in property tax.
How does 923 Ranch Farm Rd's assessment compare to its last sale price?
The current assessment is 38.2% above the last sale price of $208,500.
When was 923 Ranch Farm Rd built?
923 Ranch Farm Rd was built in 1940.
How does 923 Ranch Farm Rd compare to others on Ranch Farm Rd?
We track 8 other properties on Ranch Farm Rd. Browse the list under "Other properties on Ranch Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 923 Ranch Farm Rd?
923 Ranch Farm Rd is a 3 bed, 1 bath, 1,387 sqft, 19,602 sqft lot single_family.
Is 923 Ranch Farm Rd a flip candidate?
No — 923 Ranch Farm Rd does not appear in our flips dataset.
Is 923 Ranch Farm Rd a tax-appeal candidate?
Yes — 923 Ranch Farm 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 valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$421.2K
2026 Q4
$403K
ZIP 27603 — Median Price History + Forecast

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