Sold
Last Sold Price
4 beds2,136 sqft
5501 Advancing Ave, Raleigh, NC 27616
Single FamilyProperty Type
0.12 acresLot Size
2019Year Built
$243/sq ftPrice per sq ft
$114/moHOA Fees
2 carsParking Spaces

Description

Welcome to a home that offers the perfect balance of style, convenience, and modern living in one of the most desirable neighborhoods! 2136 sq.ft. PLUS 457 sq.ft. detached bedroom located above the detached 2-car garage—perfect for guests, remote work, gym, teen suite, art studio (the light is incredible), etc! A concrete walkway enhances accessibility between the home and garage. Inside this like-new home, you'll love the kitchen, complete with an island, Electrolux gas range, lots of counter seating,...Welcome to a home that offers the perfect balance of style, convenience, and modern living in one of the most desirable neighborhoods! 2136 sq.ft. PLUS 457 sq.ft. detached bedroom located above the detached 2-car garage—perfect for guests, remote work, gym, teen suite, art studio (the light is incredible), etc! A concrete walkway enhances accessibility between the home and garage. Inside this like-new home, you'll love the kitchen, complete with an island, Electrolux gas range, lots of counter seating, under-cabinet lighting — perfect for cooking and entertaining. Thoughtful upgrades like pull-out drawers in the pantry and kitchen cabinets maximize storage and efficiency. The durable LVP flooring on the main level adds a touch of elegance while keeping maintenance simple. The screened porch adds another room, great for relaxing and watching all the doggies going on their walks! Upstairs, you will find the primary bedroom and bath + 2 additional bedrooms that share a hall bath. (The 4th bedroom + full bath is detached above the garage.) Step outside and enjoy everything this vibrant neighborhood has to offer—community pool, scenic trails, parks, local pub, retail shopping, even a pocket park outside the front door —all just moments from your doorstep. And with HOA-covered lawn maintenance, you can spend more time enjoying life and less time on yard work! Don't miss this rare opportunity to own a home that truly has it all. Schedule your showing today!
  • Listed by: Cindy Poole Roberts 919.457.8181 Cindy@MerrimentRealty.com Brokerage DRE #C35005 • Merriment Realty
Listing closed: 06/06/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10078800

Recent comparable sales

Median sold price

$460,000

Avg days on market

22

Sale-to-list ratio

98.9%

Raleigh, NC

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Location

Listing Courtesy of Merriment Realty

Sold By EXP Realty LLC

Add your commute

Payment Calculator

$3,132 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,687

Property Taxes

$330

HOA Dues

$114

The Payment Calculator is for illustrative purposes only.

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Property Information for 5501 Advancing Avenue

Property Details
  • Taxes: $3,965 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • View: Park/Greenbelt
  • Subdivision: 5401 North
Building Information
  • Year Built: 2019
  • Lot Size: 0.12 AC / 5,227 SF
Summary
Location and General Information
  • Directions: From 540, north on 401 Louisburg Rd., right at first right on Midtown Market Ave., right on Perry Creek. Left on Advancing Avenue. Left on Truxton Lane. House is on the right on the corner of Advancing and Truxton.
  • Subdivision Name: 5401 North
  • Latitude: 35.860993
  • Longitude: -78.534137
Taxes and HOA Information
  • Association Fee: $114.40
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Grounds
  • Association Name: Elite Management
  • Association Phone2: 919-233-7660
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $3,965.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 1077
  • Has Restrictive Covenants: Yes
  • School District Link: https://www.wcpss.net/
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: Less Than 1 Year
  • Due Diligence Expiration Date: 2025-05-27
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: No
  • Parking Features: Garage Faces Rear, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
Virtual Tour
Property
Lot Information
  • Building Area Total: 2136.0
  • Lot Features: Corner Lot, Landscaped
  • Architectural Style: Transitional
  • Detached Living Area Sq Ft: 457.0
  • Total Other Area Sq Ft: 0.0
  • Other Structures: Garage(s)
  • Parcel Number: 1736880632
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: No
  • Has Primary Residence: No
  • Sold PriceList Price: 0.95
Property and Assessments
  • New Construction: No
  • Community Features: Curbs, Clubhouse, Park, Playground, Pool, Restaurant, Street Lights, Sidewalks
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Dog Park, Jogging Path, Landscaping, Maintenance Grounds, Management, Park, Playground, Pool, Trail(s)
  • Construction Materials: Fiber Cement, Radiant Barrier
  • Exterior Features: Private Entrance, Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Screened
  • Pool Features: Community
  • Roof: Shingle
  • New Construction Type: Fiber Cement, Radiant Barrier
Interior Features
  • Levels: Two
  • Master Bedroom 1st Floor: No
  • Fireplace Features: Gas Log
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Windows Treatment: Blinds, Double Pane Windows, Low-Emissivity Windows, Screens
  • Cooling: Central Air, Zoned
  • Has Cooling: Yes
  • Heating: Electric, Heat Pump, Zoned
  • Has Heating: Yes
  • Appliances: Dryer, Disposal, Dishwasher, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Laundry Features: Laundry Room, Upper Level
  • Interior Features: Ceiling Fan(s), Crown Molding, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Smart Home, Smart Thermostat, Walk-In Closet(s), Apartment/Suite, Butler's Pantry, Shower Only, Separate Shower, Walk-In Shower, Room Over Garage, Smooth Ceilings
Room Information
Room 1
  • Type: Primary Bedroom
  • Level: Second
  • Length: 14.0
  • Width: 16.89
Room 2
  • Type: Bedroom 2
  • Level: Second
  • Length: 12.0
  • Width: 11.0
Room 3
  • Type: Bedroom 3
  • Level: Second
  • Length: 13.1
  • Width: 10.9
Room 4
  • Type: Bedroom 4
  • Level: Additional
  • Description: Over detached garage with private entrance
  • Length: 19.3
  • Width: 14.2
Room 5
  • Type: Kitchen
  • Level: Main
  • Description: Open to breakfast room and den
  • Length: 13.0
  • Width: 16.0
Room 6
  • Type: Breakfast Room
  • Level: Main
  • Length: 12.0
  • Width: 12.0
Room 7
  • Type: Dining Room
  • Level: Main
  • Length: 13.0
  • Width: 14.5
Room 8
  • Type: Den
  • Level: Main
  • Description: Open to kitchen and breakfast room
  • Length: 17.8
  • Width: 12.0
Room 9
  • Type: Entrance Hall
  • Level: Main
  • Length: 9.0
  • Width: 7.2
Room 10
  • Type: Other
  • Level: Main
  • Description: Screened porch
  • Length: 13.0
  • Width: 10.7
Room 11
  • Type: Other
  • Level: Main
  • Description: Front porch
  • Length: 11.0
  • Width: 6.5

Property History for 5501 Advancing Avenue

DateEvent & SourcePriceAppreciation
Jun 6, 2025

Sold

Doorify MLS (fka Triangle MLS) #10078800

$520,000
Jun 3, 2025

Sold (Public Record)

Public Record #1558989363

$520,000
May 7, 2025

Pending

Doorify MLS (fka Triangle MLS) #10078800

DateEvent & SourcePrice
06/06/2025

Sold

Doorify MLS (fka Triangle MLS) #10078800

$520,000
06/03/2025

Sold (Public Record)

Public Record #1558989363

$520,000
05/07/2025

Pending

Doorify MLS (fka Triangle MLS) #10078800

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

Public Records for 5501 Advancing Avenue

Taxable ValueLand$85,000Additions$369,266Total$454,266
Tax Record2025$3,982 ($332 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt2,113 SqFtAbove Grade Finished SqFt2,113 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built2019ZoningPDCountyWAKEAPN1736.02-88-0632 0448745Fireplace TypeHas Fireplace

Schools near 5501 Advancing Avenue

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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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 Merriment Realty

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.