Sold
Last Sold Price
4 beds2,270 sqft
5508 Millrace Trail, Raleigh, NC 27606
Single FamilyProperty Type
0.2 acresLot Size
1993Year Built
$148/sq ftPrice per sq ft
$90HOA Fees
2 carsParking Spaces

Description

Welcome Home! Gorgeous traditional style home nestled in a quaint neighborhood of South Raleigh. This 4BR 3.5BA home is perfect for entertaining guests. Numerous Upgraded windows provide a sea of natural light, Soaring Ceilings, New Roof (2017), New Water Heater (2018), New Concrete Driveway, 2 Car Garage and Fenced in Backyard w/ Shed. Home Backs up to several wooded acres. Neighborhood provides over 50 Acres of Common Area, Park, Equestrian, Walking and Dirt Bike Trails. No city taxes!Welcome Home! Gorgeous traditional style home nestled in a quaint neighborhood of South Raleigh. This 4BR 3.5BA home is perfect for entertaining guests. Numerous Upgraded windows provide a sea of natural light, Soaring Ceilings, New Roof (2017), New Water Heater (2018), New Concrete Driveway, 2 Car Garage and Fenced in Backyard w/ Shed. Home Backs up to several wooded acres. Neighborhood provides over 50 Acres of Common Area, Park, Equestrian, Walking and Dirt Bike Trails. No city taxes!
  • Listed by: Ryan Reynolds • Choice Residential Real Estate
Listing closed: 11/01/2018 12:00 AM • Source: AMLS, MLS#: 2216641

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Recent comparable sales

Median sold price

$396,000

Avg days on market

44

Sale-to-list ratio

95.7%

Raleigh, NC

9 comparable properties found

$425,000 | 5632 Millrace Trail, Raleigh, NC 27606
1/29
1

$425,000

Sold 06/02/26

4
Bedrooms
2,644
Square Feet
0.2
Acres
$382,000 | 4511 Pale Moss Drive, Raleigh, NC 27606
1/41
2

$382,000

Sold 11/12/25

4
Bedrooms
2,270
Square Feet
0.04
Acres
$385,000 | 4545 Pale Moss Drive, Raleigh, NC 27606
1/14
3

$385,000

Sold 03/31/26

4
Bedrooms
2,259
Square Feet
0.04
Acres
$385,000 | 5435 Silver Moon Lane, Raleigh, NC 27606
1/45
4

$385,000

Sold 05/11/26

4
Bedrooms
2,232
Square Feet
0.05
Acres
$395,000 | 4513 Pale Moss Drive, Raleigh, NC 27606
1/23
5

$395,000

Sold 11/18/25

4
Bedrooms
2,330
Square Feet
0.05
Acres
$396,000 | 4523 Pale Moss Drive, Raleigh, NC 27606
1/43
6

$396,000

Sold 04/30/26

4
Bedrooms
2,251
Square Feet
0.04
Acres
$396,900 | 4517 Pale Moss Drive, Raleigh, NC 27606
1/47
7

$396,900

Sold 08/25/25

4
Bedrooms
2,290
Square Feet
0.06
Acres
$400,000 | 4533 Pale Moss Drive, Raleigh, NC 27606
1/25
8

$400,000

Sold 09/03/25

4
Bedrooms
2,297
Square Feet
0.04
Acres
$400,000 | 5509 Silver Moon Lane, Raleigh, NC 27606
1/41
9

$400,000

Sold 09/14/26

4
Bedrooms
2,290
Square Feet
0.06
Acres

Amenities

  • Air Conditioning
  • Attic
  • Carpet Floors
  • Ceiling Fan
  • Central AC
  • Common Outdoor Space
  • Cooktop
  • Deck

Location

Listing Courtesy of Choice Residential Real Estate

Sold By Choice Residential Real Estate

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Payment Calculator

$2,056 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,788

Property Taxes

$178

HOA Dues

$90

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Property Information for 5508 Millrace Trail

Property Details
  • Taxes: $2,131 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
Building Information
  • Stories: 2
  • Year Built: 1993
  • Lot Size: 0.20 AC / 8,712 SF
Summary
Location and General Information
  • City: Raleigh
  • County Or Parish: Wake
  • Country: US
  • Directions: From Tryon Road go South on Yates Mill Pond Road, Left onto Millrace Trail House is on the right.
  • Postal Code: 27606
  • Latitude: 35.729413
  • Longitude: -78.715389
  • State Or Province: NC
  • Road Frontage Type: Other
Taxes and HOA Information
  • Association Fee: $90.00
  • Association Fee Frequency: SemiAnnually
  • Association Fee 2: $.00
  • Association Name: Yates Mill Run
  • Association: Yes
  • Tax Annual Amount: $2,131.00
  • Tax Assessed Value: 250710
  • Tax Legal Description: LO15 YATES MILL RUN BM1988-00548
  • Tax Year: 2018
School Information
  • Elementary School: Wake - Yates Mill
  • High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard
Parking
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Above Grade Finished Area: 2270.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 2270.0
  • Lot Features: HardwoodTrees, PartiallyCleared
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Dimensions: See Plot Map
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8712.0
  • Living Area: 2270.0
Property and Assessments
  • Other Structures: Sheds, Storage
  • Year Built: 1993
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: CommunityCoop
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence, RainGutters
  • Association Amenities: Trails
  • Community Features: Playground
  • Construction Materials: Brick, VinylSiding
  • Foundation Details: BrickMortar
  • Patio And Porch Features: Deck, Patio, Porch
  • Security Features: SmokeDetectors
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Rooms Total: 12
  • Cooling: Yes
  • Cooling: CentralAir, Zoned, AtticFan
  • Heating: Yes
  • Heating: Electric, HeatPump, Zoned
  • Fireplaces Total: 2
  • Laundry Features: MainLevel, LaundryRoom
  • Appliances: Dishwasher, ElectricCooktop, ElectricWaterHeater, Microwave, RangeHood
  • Fireplace Features: Basement, GasLog, LivingRoom, Propane, WoodBurning
  • Fireplace: Yes
  • Interior Features: Attic, CeilingFans, EntranceFoyer, EatinKitchen, HighCeilings, HighSpeedInternet, LivingDiningRoom, Pantry, SmoothCeilings, SoakingTub, SeparateShower, WalkInClosets
Room Information
Room 1
  • Room Level: Main
  • Room Type: Entrance Hall
Room 2
  • Room Level: Main
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Level: Main
  • Room Type: Family Room
Room 5
  • Room Level: Main
  • Room Type: Kitchen
Room 6
  • Room Level: Main
  • Room Type: Breakfast Room
Room 7
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 8
  • Room Level: Second
  • Room Type: Bedroom 2
Room 9
  • Room Level: Second
  • Room Type: Bedroom 3
Room 10
  • Room Level: Second
  • Room Type: Bedroom 4
Room 11
  • Room Level: Main
  • Room Type: Utility Room
Room 12
  • Room Level: Basement
  • Room Type: Bonus Room
Room 13
  • Room Description: Living
  • Room Level: Basement
  • Room Type: Other
Room 14
  • Room Description: Workshop
  • Room Level: Basement
  • Room Type: Other
Room 15
  • Room Description: WIC
  • Room Level: Second
  • Room Type: Other
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 5508 Millrace Trail

DateEvent & SourcePriceAppreciation
Nov 1, 2018

Sold

AMLS #2216641

$335,000—
Nov 1, 2018

Sold

Doorify MLS (fka Triangle MLS) #2216641

$335,000—
Oct 31, 2018

Sold (Public Record)

Public Record #633742640

$335,000—
DateEvent & SourcePrice
11/01/2018

Sold

AMLS #2216641

$335,000
11/01/2018

Sold

Doorify MLS (fka Triangle MLS) #2216641

$335,000
10/31/2018

Sold (Public Record)

Public Record #633742640

$335,000

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

Public Records for 5508 Millrace Trail

Taxable ValueLand$150,000Additions$347,795Total$497,795
Tax Record2025$3,204 ($267 / month)
Home Facts
Beds0Total Finished SqFt2,225 SqFtAbove Grade Finished SqFt2,225 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1993Year Renovated2000ZoningR-40WCountyWAKEAPN0782.03-40-4571 0161044Fireplace TypeHas Fireplace

Schools near 5508 Millrace Trail

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 - 9 to 12
Rating
School
Distance
Yates Mill Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 to 12

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: 5508 Millrace Trail, Raleigh, NC 27606
$335,000
4
2,270
8,712
–
–
1,723
8,712
$185,000
–
1,707
8,712
–
–
2,197
8,276
–
–
3
2,032
8,276
$276,600
3
1,501
8,276

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 Choice Residential Real Estate

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.