Sold
Last Sold Price
3 beds1,810 sqft
5500 Old Towne Rd, Raleigh, NC 27612
Single FamilyProperty Type
0.3 acresLot Size
1981Year Built
$304/sq ftPrice per sq ft
2 carsParking Spaces

Description

Floor to ceiling remodeled traditional home in phenomenal location! New roof 2023 w/ drip-guard! New interior and exterior paint 2023! New lvp flooring! All new soft close kcd cabinetry through whole house! Calacatta quartz countertops in kitchen w/ waterfall peninsula! 2 pantries! Same countertop in all bathrooms! Huge master bath with tile everywhere! Master includes his and hers closets! Big deck off living room sliding door! 2 car garage with fresh drywall! Corner lot! An awesome investment or...Floor to ceiling remodeled traditional home in phenomenal location! New roof 2023 w/ drip-guard! New interior and exterior paint 2023! New lvp flooring! All new soft close kcd cabinetry through whole house! Calacatta quartz countertops in kitchen w/ waterfall peninsula! 2 pantries! Same countertop in all bathrooms! Huge master bath with tile everywhere! Master includes his and hers closets! Big deck off living room sliding door! 2 car garage with fresh drywall! Corner lot! An awesome investment or starter home! No hoa! A great home, in a great location, in great condition!
  • Listed by: Alexander Payton David 980.938.8920 hello@costellorei.com Brokerage DRE #C29424 • Costello Real Estate & Investm
Listing closed: 04/12/2023 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2496140

Recent comparable sales

Median sold price

$550,000

Avg days on market

32

Sale-to-list ratio

96.2%

Raleigh, NC

9 comparable properties found

$540,000 | 5300 Belsay Drive, Raleigh, NC 27612
1/55
1

$540,000

Sold 01/23/26

3
Bedrooms
1,999
Square Feet
0.39
Acres
$562,000 | 2009 Longwood Drive, Raleigh, NC 27612
1/34
2

$562,000

Sold 03/24/25

3
Bedrooms
1,668
Square Feet
0.18
Acres
$550,000 | 2300 Cowden Court, Raleigh, NC 27612
1/26
3

$550,000

Sold 09/02/25

3
Bedrooms
1,860
Square Feet
0.4
Acres
$490,000 | 5709 Hedgemoor Drive, Raleigh, NC 27612
1/41
4

$490,000

Sold 11/18/25

3
Bedrooms
1,811
Square Feet
0.28
Acres
$504,000 | 2301 Pastille Lane, Raleigh, NC 27612
1/41
5

$504,000

Sold 08/19/25

3
Bedrooms
1,852
Square Feet
0.28
Acres
$595,000 | 4505 Wenchelsea Place, Raleigh, NC 27612
1/33
6

$595,000

Sold 08/13/26

3
Bedrooms
1,835
Square Feet
0.24
Acres
$600,000 | 4500 Wenchelsea Place, Raleigh, NC 27612
1/32
7

$600,000

Sold 11/22/24

3
Bedrooms
1,770
Square Feet
0.29
Acres
$570,000 | 5909 Stable Court, Raleigh, NC 27612
1/46
8

$570,000

Sold 09/22/25

3
Bedrooms
1,876
Square Feet
0.26
Acres
$530,000 | 6225 Dresden Lane, Raleigh, NC 27612
1/45
9

$530,000

Sold 10/04/24

3
Bedrooms
1,949
Square Feet
0.43
Acres

Location

Listing Courtesy of Costello Real Estate & Investm

Sold By Hodge & Kittrell Sotheby's Int

Add your commute

Payment Calculator

$3,074 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,842

Property Taxes

$232

HOA Dues

$0

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Property Information for 5500 Old Towne Road

Property Details
  • Taxes: $2,780 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Subdivision: Ridgeloch
Building Information
  • Year Built: 1981
  • Lot Size: 0.30 AC / 13,068 SF
Summary
Location and General Information
  • Directions: Six Forks Rd north to Left onto Millbrook. Follow Millbrook to left onto Oldtowne (Right across from Shelly Lake) Home will be on your left
  • Subdivision Name: Ridgeloch
  • Latitude: 35.853939
  • Longitude: -78.669056
Taxes and HOA Information
  • Tax Annual Amount: $2,780.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 15
  • Has Restrictive Covenants: Yes
Contract Information
  • Original Listing ID: 2496140
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
Owner
  • Ownership Type: Other
School Information
  • Elementary School: Wake - Lynn Road Elementary
  • Middle Or Junior School: Wake - Carroll Middle
  • High School: Wake - Sanderson High
Parking
  • Parking Features: Garage
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: No
Property
Lot Information
  • Building Area Total: 1810.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0.0
  • Structure Type: Site Built
  • Sold PriceList Price: 1.0
Property and Assessments
  • New Construction: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Foundation Details: Brick/Mortar
  • New Construction Type: Site Built, Fiber Cement
Interior Features
  • Levels: Two
  • Basement Description: Crawl Space
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Laminate, Tile
  • Heating: Natural Gas
  • Has Heating: Yes
  • Appliances: Electric Water Heater
Room Information
Room Information
  • Rooms Total: 9.0

Property History for 5500 Old Towne Road

DateEvent & SourcePriceAppreciation
Apr 12, 2023

Sold

Doorify MLS (fka Triangle MLS) #2496140

$550,000
Apr 11, 2023

Sold (Public Record)

Public Record #1508885623

$550,000

+112.1% / yr

Mar 9, 2023

Pending

Doorify MLS (fka Triangle MLS) #2496140

DateEvent & SourcePrice
04/12/2023

Sold

Doorify MLS (fka Triangle MLS) #2496140

$550,000
04/11/2023

Sold (Public Record)

Public Record #1508885623

$550,000

+112.1% / yr

03/09/2023

Pending

Doorify MLS (fka Triangle MLS) #2496140

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

Public Records for 5500 Old Towne Road

Taxable ValueLand$200,000Additions$328,566Total$528,566
Tax Record2025$4,630 ($386 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt1,810 SqFtAbove Grade Finished SqFt1,810 SqFtStories2Lot Size13,068 SqFtStyleSingle Family ResidenceYear Built1981Year Renovated1996ZoningR-4CountyWAKEAPN0796.12-85-0858 0110872Fireplace TypeHas Fireplace

Schools near 5500 Old Towne Road

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 13
Rating
School
Distance
Lynn Road Elementary
PublicPK to 5

Carroll Middle
Public6 to 8

Sanderson High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

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: 5500 Old Towne Road, Raleigh, NC 27612
$550,000
3
1,810
13,068
1,432
16,553
$531,000
3
1,522
13,372
3
2,303
14,810
1,980
26,136
$425,000
2
1,514
14,375

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 Costello Real Estate & Investm

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.