Sold
Last Sold Price
3 beds1,803 sqft

5200 Invention Way, Raleigh, NC 27616

TownhouseProperty Type
0.04 acresLot Size
2023Year Built
$189/sq ftPrice per sq ft
$224/moHOA Fees
2 carsParking Spaces

Description

Built in 2023 — move-in ready and low-maintenance. Prime location with quick access to Downtown Raleigh, North Hills, and RDU. Enjoy brilliant natural light all day long with windows on three sides of the living space. Grab a coffee on your morning walk from Smooth Joe or wind down the day at Heyday Brewing, both a few minutes walk away. Bosch counter-depth fridge and Maytag washer/dryer convey! Enjoy community perks like a gym, pool, clubhouse, and direct access to the Neuse River Trail with kayak...Built in 2023 — move-in ready and low-maintenance. Prime location with quick access to Downtown Raleigh, North Hills, and RDU. Enjoy brilliant natural light all day long with windows on three sides of the living space. Grab a coffee on your morning walk from Smooth Joe or wind down the day at Heyday Brewing, both a few minutes walk away. Bosch counter-depth fridge and Maytag washer/dryer convey! Enjoy community perks like a gym, pool, clubhouse, and direct access to the Neuse River Trail with kayak drop-in. Act fast — before this home goes off market!
  • Listed by: Shiv Inderjeet Soneja 919.249.8075 shiv.soneja@dashnc.com Brokerage DRE #C31829 • DASH Carolina
Listing closed: 07/08/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10085508
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Recent comparable sales

Median sold price

$332,000

Avg days on market

59

Sale-to-list ratio

94.9%

Raleigh, NC

9 comparable properties found

$345,000 | 5436 Crescent Square Street, Raleigh, NC 27616
1/37
1

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Square Feet
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$320,000 | 5432 Crescent Square Street, Raleigh, NC 27616
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$339,500 | 5430 Crescent Square Street, Raleigh, NC 27616
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Sold 08/05/25

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$345,000 | 5207 Invention Way, Raleigh, NC 27616
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$325,000 | 5216 Invention Way, Raleigh, NC 27616
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$328,500 | 6414 Astor Elgin Street, Raleigh, NC 27616
1/29
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Sold 02/02/26

3
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1,958
Square Feet
0.04
Acres
$322,500 | 5217 Invention Way, Raleigh, NC 27616
1/31
7

$322,500

Sold 10/31/25

3
Bedrooms
1,829
Square Feet
0.03
Acres
$345,000 | 6420 Astor Elgin Street, Raleigh, NC 27616
1/43
8

$345,000

Sold 12/17/24

3
Bedrooms
1,744
Square Feet
0.03
Acres
$332,000 | 6434 Astor Elgin Street, Raleigh, NC 27616
1/45
9

$332,000

Sold 06/30/25

3
Bedrooms
1,866
Square Feet
0.03
Acres

Location

Listing Courtesy of DASH Carolina

Sold By Compass -- Raleigh

Add your commute
Payment Calculator

$2,295 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,823

Property Taxes

$248

HOA Dues

$224

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Property Information for 5200 Invention Way

Property Details

  • Taxes: $2,974 / year
  • MLS Type: Residential / Townhouse
  • County: Wake County
  • Subdivision: 5401 North

Building Information

  • Stories: 2
  • Year Built: 2023
  • Lot Size: 0.04 AC / 1,742 SF

Summary

Location and General Information
  • Directions: Get on I-440 E from Six Forks Rd. Follow I-440 E and US-401 N to Midtown Market Ave. Continue on Midtown Market Ave. Take Astor Elgin St to Invention Wy.
  • Subdivision Name: 5401 North
  • Latitude: 35.860782
  • Longitude: -78.541796
Taxes and HOA Information
  • Association Fee: $224.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Elite Management Professionals
  • Association Phone2: --
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,974.41
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 3233
  • Has Restrictive Covenants: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-06-24
Owner
  • Ownership Type: Townhouse
School Information
  • Elementary School: Wake - River Bend Elementary
  • Middle Or Junior School: Wake - River Bend Middle School
  • High School: Wake - Rolesville High School
Parking
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes

Property

Lot Information
  • Building Area Total: 1803.0
  • Architectural Style: Transitional
  • Parcel Number: 0489970
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: No
  • Has Primary Residence: Yes
  • Sold PriceList Price: 0.99
Property and Assessments
  • New Construction: No
  • Below Grade Finished Area: 268.0
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Association Amenities: Clubhouse, Playground, Pool
  • Construction Materials: Concrete, Clapboard, Masonite, Stone
  • Exterior Features: Rain Gutters
  • Foundation Details: Other
  • Patio And Porch Features: Deck
  • Roof: Architectural Shingle
  • Security Features: Smoke Detector(s)
  • New Construction Type: Concrete, Clapboard, Masonite, Stone
Interior Features
  • Levels: Two
  • Stories: 2
  • Master Bedroom 1st Floor: No
  • Basement Description: Finished
  • Flooring: Carpet, Tile, Vinyl
  • Cooling: Central Air, Zoned
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas, Zoned
  • Has Heating: Yes
  • Appliances: Disposal, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Laundry Features: Upper Level
  • Interior Features: Ceiling Fan(s), Pantry, Walk-In Closet(s), Nursery, Bathtub/Shower Combination, Walk-In Shower, Quartz Counters, Smooth Ceilings

Room Information

Room 1
  • Type: Primary Bedroom
  • Level: Second

Property History for 5200 Invention Way

DateEvent & SourcePriceAppreciation
Jul 8, 2025

Sold

Doorify MLS (fka Triangle MLS) #10085508

$341,500—
Jul 3, 2025

Sold (Public Record)

Public Record #1904146171

$342,000

+3.6% / yr

Jun 3, 2025

Pending

Doorify MLS (fka Triangle MLS) #10085508

—
DateEvent & SourcePrice
07/08/2025

Sold

Doorify MLS (fka Triangle MLS) #10085508

$341,500
07/03/2025

Sold (Public Record)

Public Record #1904146171

$342,000

+3.6% / yr

06/03/2025

Pending

Doorify MLS (fka Triangle MLS) #10085508

—

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

Public records

5200 Invention Way

Beds

0

Total Finished SqFt

1,786 SqFt

Above Grade Finished SqFt

1,786 SqFt

Stories

2

Lot Size

1,742 SqFt

Style

Townhouse

Schools near 5200 Invention Way

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
River Bend Elementary
PublicPK to 5

River Bend Middle
Public6 to 8

Rolesville 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5200 Invention Way, Raleigh, NC 27616
$341,500
3
1,803
1,742
$315,740
3
1,705
1,742
$307,500
–
4
1,753
1,307
$307,240
3
1,693
1,306
$315,000
–
4
1,761
1,307
$320,500
–
4
1,778
2,178

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DASH Carolina

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.