5505 Old Towne Road

Closed 7/20/23

Sold

Last Sold Price

$419,000

3 beds2 baths1,832 sqft

5505 Old Towne Rd, Raleigh, NC 27612

Single FamilyProperty Type

0.33 acresLot Size

1981Year Built

$229/sq ftPrice per sq ft

Description

What a find! Ranch home on a third of an acre with an incredible location. Walk into this 80s ranch and you're greeted by a massive, free-standing stone fireplace leading up to a cathedral ceiling. There is a bonus room to provide you with some secondary living space, a gameroom or a great office. Beautiful wood sliders in the breakfast nook lead out to an open deck and fenced backyard w/storage shed. The interior hallway is accented with a solar tube and leads to the 3 bedrooms. The owners bedroom...What a find! Ranch home on a third of an acre with an incredible location. Walk into this 80s ranch and you're greeted by a massive, free-standing stone fireplace leading up to a cathedral ceiling. There is a bonus room to provide you with some secondary living space, a gameroom or a great office. Beautiful wood sliders in the breakfast nook lead out to an open deck and fenced backyard w/storage shed. The interior hallway is accented with a solar tube and leads to the 3 bedrooms. The owners bedroom has a great WIC. Kitchen cabinets have been replaced. There is Pergo flooring in the living areas and hallway. The windows have been replaced (2012) with Pella windows. HVAC was done in 2012 along with the duct work. Walk 3 blocks and you are at Sertoma Arts Center and Shelley Lake which leads to countless miles of Greenway. 5 mins to Crabtree and I-440. 10 mins to North Hills. The home needs some cosmetic updating and this is reflected in the price.

Listed by: John Hartofelis 919.630.2526 jhartofelis@advantagecb.com Brokerage DRE #C5791 • Coldwell Banker Advantage

Listing closed: 07/20/2023 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2515471

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Location

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$2,388 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,165

Property Taxes

$223

HOA Dues

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Property Information for 5505 Old Towne Road

Property Details

Taxes: $2,678 / year
MLS Type: Residential / Single Family Residence
County: Wake County
Subdivision: Ridgeloch

Building Information

Year Built: 1981
Lot Size: 0.33 AC / 14,374 SF

Summary

Location and General Information

Direction Faces: East
Directions: From Glenwood Avenue, head north on Lead Mine. R on Oldetowne. House on L. From Six Forks go west on Millbrook. L on Oldtowne (just across from the entrance to Sertoma Arts Center),

Subdivision Name: Ridgeloch
Latitude: 35.854556
Longitude: -78.668556
Road Frontage Type: Other

Taxes and HOA Information

Association Fee Includes: Unknown
Association: No

HOA 1 Fees Required: No
HOA 2 Fees Required: No
Tax Annual Amount: $2,678.00
City Limits Of: Raleigh
Has City Limits: Yes
Lot Number: 15A
Has Restrictive Covenants: Yes

Contract Information

Original Listing ID: 2515471
Original MLS: Triangle MLS Inc

Has Property Leased: No
Years Owned: 1 or More Year(s)

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: Concrete, Driveway, Parking Pad
Carport: No

Garage: No

Virtual Tour

Virtual Tour URL Unbranded: https://seehouseat.com/2140603?idx=1

Property

Lot Information

Building Area Total: 1832.0
Lot Features: Landscaped, Wooded

Lot Size Dimensions: 153x114x76x154
Architectural Style: Ranch
Detached Living Area Sq Ft: 0.0
Total Other Area Sq Ft: 0.0
Other Structures: Shed(s), Storage
Structure Type: Site Built
Has Primary Residence: Yes
Sold PriceList Price: 0.93

Property and Assessments

New Construction: No
Senior Community: No

Utilities

Sewer: Public Sewer
Utilities: Cable Available

Water Source: Public

Interior and Exterior Features

Exterior Features

Accessibility Features: Accessible Approach with Ramp
Association Amenities: Trail(s)

Construction Materials: Cedar
Exterior Features: Rain Gutters, Fenced Yard
Foundation Details: Block, Brick/Mortar
Patio And Porch Features: Deck, Porch
Security Features: Smoke Detector(s)
New Construction Type: Site Built, Cedar

Interior Features

Levels: One
Basement Description: Crawl Space

Fireplace Features: Family Room, Free Standing, Stone, Fireplace Screen
Has Fireplace: Yes
Fireplaces Total: 1
Flooring: Carpet, Laminate, Vinyl
Door Features: Storm Door(s)
Cooling: Central Air
Has Cooling: Yes
Heating: Forced Air, Natural Gas
Has Heating: Yes
Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
Laundry Features: Laundry Closet, In Hall, Main Level
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Ceilings, Walk-In Closet(s), Kitchen/Dining Room Combination, Shower Only, Bathtub/Shower Combination

Room Information

Rooms Total: 7.0

Room 1

Type: Entrance Hall
Level: Main

Room 2

Type: Dining Room
Level: Main

Room 3

Type: Family Room
Level: Main

Room 4

Type: Kitchen
Level: Main

Room 5

Type: Primary Bedroom
Level: Main

Room 6

Type: Bedroom 2
Level: Main

Room 7

Type: Bedroom 3
Level: Main

Room 8

Type: Utility Room

Room 9

Type: Bonus Room
Level: Main

Description: Finished Bonus Room

Room 10

Type: Other
Level: Main

Description: Storage Rm

Room 11

Type: Other
Level: Main

Description: Utility Rm

Room 12

Type: Other
Level: Main

Description: StorageShd

Room 13

Type: Bathroom 2
Level: Main

Property History for 5505 Old Towne Road

Date	Event & Source	Price	Appreciation
Jul 20, 2023	Sold Doorify MLS (fka Triangle MLS) #2515471	$419,000	—
Jul 18, 2023	Sold (Public Record) Public Record #1515026138	$419,000	—
Jun 23, 2023	Pending Doorify MLS (fka Triangle MLS) #2515471		—
Jun 9, 2023	Listed (Active) Doorify MLS (fka Triangle MLS) #2515471	$450,000	—
May 31, 2002	Sold Doorify MLS (fka Triangle MLS) #638548	$172,000	—
May 31, 2002	Sold AMLS #638548	$172,000	—
May 8, 2002	Pending Doorify MLS (fka Triangle MLS) #638548		—
Apr 30, 2002	Listed (Active) AMLS #638548	$174,900	—
Apr 30, 2002	Listed (Active) Doorify MLS (fka Triangle MLS) #638548	$174,900	—

Date	Event & Source	Price
07/20/2023	Sold Doorify MLS (fka Triangle MLS) #2515471	$419,000
07/18/2023	Sold (Public Record) Public Record #1515026138	$419,000
06/23/2023	Pending Doorify MLS (fka Triangle MLS) #2515471	—
06/09/2023	Listed (Active) Doorify MLS (fka Triangle MLS) #2515471	$450,000
05/31/2002	Sold Doorify MLS (fka Triangle MLS) #638548	$172,000
05/31/2002	Sold AMLS #638548	$172,000
05/08/2002	Pending Doorify MLS (fka Triangle MLS) #638548	—
04/30/2002	Listed (Active) AMLS #638548	$174,900
04/30/2002	Listed (Active) Doorify MLS (fka Triangle MLS) #638548	$174,900

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

Public Records for 5505 Old Towne Road

Taxable ValueLand$200,000Additions$265,903Total$465,903

Tax Record2025$4,083 ($340 / month)

Home Facts

Beds0Baths2.5Total Finished SqFt1,862 SqFtAbove Grade Finished SqFt1,862 SqFtStories1Lot Size14,375 SqFtStyleSingle Family ResidenceYear Built1981Year Renovated1986ZoningR-4CountyWAKEAPN0796.12-86-1192 0117752Fireplace TypeHas Fireplace

Schools near 5505 Old Towne Road

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
7/10	Lynn Road Elementary	Public - Serves this home	PK to 5	1.1 mi
5/10	Carroll Middle	Public - Serves this home	6 to 8	1.7 mi
6/10	Sanderson High	Public - Serves this home	9 to 12	1.3 mi
9/10	Wake Young Women's Leadership Academy	Public - Nearby school	6 to 13	5.2 mi
6/10	Mount Vernon	Public - Choice school	K to 8	5.2 mi
2/10	Phillips High	Public - Choice school	9 to 12	5.4 mi


Rating	School	Distance
7/10	Lynn Road Elementary PublicPK to 5 Serves this home	1.1 mi
5/10	Carroll Middle Public6 to 8 Serves this home	1.7 mi
6/10	Sanderson High Public9 to 12 Serves this home	1.3 mi
9/10	Wake Young Women's Leadership Academy Public6 to 13 Nearby school	5.2 mi
6/10	Mount Vernon PublicK to 8 Choice school	5.2 mi
2/10	Phillips High Public9 to 12 Choice school	5.4 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 5505 Old Towne Road, Raleigh, NC 27612	$419,000	3	2	1,832	14,374
5509 Old Towne Road, Raleigh, NC 27612	$141,000	3	2	1,518	14,374
5433 Old Towne Road, Raleigh, NC 27612	$531,000	3	2	1,522	13,372
5513 Old Towne Road, Raleigh, NC 27612	–	–	2	1,540	15,682
5514 Old Towne Road, Raleigh, NC 27612	$286,000	2	2	1,437	871
5512 Old Towne Road, Raleigh, NC 27612	–	–	4	1,400	871
5409 Ridgeloch Place, Raleigh, NC 27612	–	–	4	1,432	16,553
5443 Pine Top Circle, Raleigh, NC 27612	$88,500	2	2	1,400	871
5510 Old Towne Road, Raleigh, NC 27612	–	–	–	–	3,920
5447 Pine Top Circle, Raleigh, NC 27612	–	–	–	–	3,485
5500 Old Towne Road, Raleigh, NC 27612	$550,000	3	3	1,810	13,068
5445 Pine Top Circle, Raleigh, NC 27612	–	–	3	1,400	871
5416 Ridgeloch Place, Raleigh, NC 27612	$100,000	2	2	1,412	1,742

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Listing Courtesy of Coldwell Banker Advantage

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.

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