Sold
Last Sold Price
3 beds1,693 sqft
5202 Invention Way, Unit 3234, Raleigh, NC 27616
TownhouseProperty Type
0.03 acresLot Size
2023Year Built
$181/sq ftPrice per sq ft
$148/moHOA Fees
1 carParking Spaces

Description

Morehead townhome English basement design at 5401 North. 3 bedrooms, 3 1/2 Baths. White kitchen cabinets, quartz kitchen countertops. 1 car oversized garage for extra storage space. Living space on 2nd floor includes center kitchen island, 42" kitchen cabinets, gas range, dishwasher, microwave, crown molding, EVP floors. Bedroom on lower level. Owner's Suite on third floor with walk-in shower with tiled shower walls and sea. Swimming pool community. Community parks. Dog park. Fitness room located...Morehead townhome English basement design at 5401 North. 3 bedrooms, 3 1/2 Baths. White kitchen cabinets, quartz kitchen countertops. 1 car oversized garage for extra storage space. Living space on 2nd floor includes center kitchen island, 42" kitchen cabinets, gas range, dishwasher, microwave, crown molding, EVP floors. Bedroom on lower level. Owner's Suite on third floor with walk-in shower with tiled shower walls and sea. Swimming pool community. Community parks. Dog park. Fitness room located inside community clubhouse.
  • Listed by: Mark Freeman 919.830.2381 Mark.Freeman@lennar.com Brokerage DRE #C19349 • Lennar Carolinas LLC
  • Listed by: Juan Leclair 919.280.1850 juan.leclair@lennar.com Brokerage DRE #C19349 • Lennar Carolinas LLC
Listing closed: 03/28/2023 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2486038

Recent comparable sales

Median sold price

$330,000

Avg days on market

53

Sale-to-list ratio

95.6%

Raleigh, NC

9 comparable properties found

$320,000 | 5432 Crescent Square Street, Raleigh, NC 27616
1/21
1

$320,000

Sold 08/18/25

3
Bedrooms
1,857
Square Feet
0.03
Acres
$325,000 | 5216 Invention Way, Raleigh, NC 27616
1/32
2

$325,000

Sold 12/11/25

3
Bedrooms
1,764
Square Feet
0.03
Acres
$322,500 | 5217 Invention Way, Raleigh, NC 27616
1/31
3

$322,500

Sold 10/31/25

3
Bedrooms
1,829
Square Feet
0.03
Acres
$339,500 | 5430 Crescent Square Street, Raleigh, NC 27616
1/61
4

$339,500

Sold 08/05/25

3
Bedrooms
1,803
Square Feet
0.04
Acres
$332,000 | 6434 Astor Elgin Street, Raleigh, NC 27616
1/45
5

$332,000

Sold 06/30/25

3
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1,866
Square Feet
0.03
Acres
$330,000 | 5238 Beardall Street, Raleigh, NC 27616
1/32
6

$330,000

Sold 06/03/25

3
Bedrooms
1,816
Square Feet
0.03
Acres
$341,500 | 5200 Invention Way, Raleigh, NC 27616
1/16
7

$341,500

Sold 07/08/25

3
Bedrooms
1,803
Square Feet
0.04
Acres
$330,000 | 5306 Beckom Street, Raleigh, NC 27616
1/39
8

$330,000

Sold 05/05/25

3
Bedrooms
1,805
Square Feet
0.03
Acres
$345,000 | 5207 Invention Way, Raleigh, NC 27616
1/30
9

$345,000

Sold 04/16/25

3
Bedrooms
1,856
Square Feet
0.03
Acres

Location

Listing Courtesy of Lennar Carolinas LLC

Sold By Metro Digs, Inc

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Payment Calculator

$1,902 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,588

Property Taxes

$167

HOA Dues

$148

The Payment Calculator is for illustrative purposes only.

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Property Information for 5202 Invention Way, Unit 3234

Property Details
  • Taxes: $2,000 / year
  • MLS Type: Residential / Townhouse
  • County: Wake County
  • Zoning Description: PD
  • Subdivision: 5401 North
Building Information
  • Year Built: 2023
  • Lot Size: 0.03 AC / 1,306 SF
Summary
Location and General Information
  • Zoning: PD
  • Directions: 401 North. Right into community on Midtown Market. Right on Astor Elgin. Left on Forysth Park. Right on Mentor. Left on Invention. Homesite on Right.
  • Subdivision Name: 5401 North
  • Latitude: 35.860809
  • Longitude: -78.541726
Taxes and HOA Information
  • Association Fee: $147.50
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Association Name: Elite Management
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $2,000.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 3234
  • Has Restrictive Covenants: Yes
Contract Information
  • Estimated Completion Date: 2023-03-01
  • Original Listing ID: 2486038
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
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
  • Parking Features: Concrete, Driveway, Garage Faces Rear, Garage, Garage Door Opener
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 1693.0
  • Lot Features: Landscaped, Open Lot
  • Lot Size Dimensions: Survey available
  • Architectural Style: Transitional
  • Structure Type: Site Built
  • Has Primary Residence: Yes
  • Sold PriceList Price: 1.0
Property and Assessments
  • New Construction: Yes
  • Community Features: Playground, Pool, Street Lights
  • Builder Name: Lennar
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Pool
  • Construction Materials: Fiber Cement, Shake Siding, Stone, Low VOC Paint/Sealant/Varnish
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Covered, Deck, Porch
  • Security Features: Smoke Detector(s)
  • New Construction Type: Site Built, Fiber Cement, Shake Siding, Stone, Low VOC Paint/Sealant/Varnish
Interior Features
  • Levels: Three Or More
  • Has Fireplace: No
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Cooling: Central Air, Zoned
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas, Zoned
  • Has Heating: Yes
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker
  • Laundry Features: Laundry Closet, Upper Level
  • Interior Features: Entrance Foyer, High Ceilings, Pantry, Smart Home, Walk-In Closet(s), Walk-In Shower, Quartz Counters, Smooth Ceilings
Room Information
Room Information
  • Rooms Total: 6.0
Room 1
  • Type: Dining Room
  • Level: Second
Room 2
  • Type: Family Room
  • Level: Second
Room 3
  • Type: Kitchen
  • Level: Second
Room 4
  • Type: Primary Bedroom
  • Level: Third
Room 5
  • Type: Bedroom 2
  • Level: Third
Room 6
  • Type: Bedroom 3
  • Level: Lower
Room 7
  • Type: Bathroom 2
  • Level: Main
Mobile Home
Mobile Home Information
  • Builder Model: Morehead

Property History for 5202 Invention Way, Unit 3234

DateEvent & SourcePriceAppreciation
Mar 28, 2023

Sold

Doorify MLS (fka Triangle MLS) #2486038

$307,240
Dec 9, 2022

Pending

Doorify MLS (fka Triangle MLS) #2486038

Dec 4, 2022

Listed (Active)

Doorify MLS (fka Triangle MLS) #2486038

$307,240
DateEvent & SourcePrice
03/28/2023

Sold

Doorify MLS (fka Triangle MLS) #2486038

$307,240
12/09/2022

Pending

Doorify MLS (fka Triangle MLS) #2486038

12/04/2022

Listed (Active)

Doorify MLS (fka Triangle MLS) #2486038

$307,240

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

Schools near 5202 Invention Way, Unit 3234

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: 5202 Invention Way, Unit 3234, Raleigh, NC 27616
$307,240
3
1,693
1,306
$307,500
4
1,753
1,307
$341,500
3
1,803
1,742
$315,740
3
1,705
1,742
$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 Lennar Carolinas LLC

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.