5516 Wallace Martin Way

Closed 2/11/25
Closed 2/11/25
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Sold
Last Sold Price
$452,000
3 beds1,856 sqft
5516 Wallace Martin Way, Raleigh, NC 27616
Single FamilyProperty Type
0.1 acresLot Size
2020Year Built
$244/sq ftPrice per sq ft
$100/moHOA Fees
4 carsParking Spaces

Description

$5000 seller paid closing costs offered to buyer with acceptable offer Stunning modern cottage in the highly desirable 5401 North neighborhood! This home shows like a model with thoughtful design and countless upgrades. Meticulously maintained and feeling like new, it features LVP floors throughout the first level, wooden stair treads, and custom features like built-in shelves, tray ceilings, and wainscoting. The open floor plan connects the kitchen, living room, and dining area, making it perfect...$5000 seller paid closing costs offered to buyer with acceptable offer Stunning modern cottage in the highly desirable 5401 North neighborhood! This home shows like a model with thoughtful design and countless upgrades. Meticulously maintained and feeling like new, it features LVP floors throughout the first level, wooden stair treads, and custom features like built-in shelves, tray ceilings, and wainscoting. The open floor plan connects the kitchen, living room, and dining area, making it perfect for entertaining! The kitchen features a spacious island with pendant lighting, a 5-burner gas range, upgraded appliances, quartz countertops, and stunning tile backsplash. Cozy up at the gas fireplace in the living room. The first floor primary offers comfort and luxury, complete with two walk-in closets and bathroom featuring dual vanities and a large tiled shower. Upstairs, you'll find a versatile loft, perfect as an office, playroom, secondary living space, or gym! Two additional bedrooms connected by a jack and jill bath. A huge walk-in attic provides excellent storage options! With ample storage throughout, this home is as functional as it is beautiful. Attached 2 car garage! Step outside to relax on the screened porch or enjoy the vibrant 5401 North community, offering resort-style amenities like a pool, clubhouse, gym, dog park, outdoor fitness park, community farm, and greenway access. The HOA covers lawn care and amenities for a low-maintenance lifestyle. Conveniences abound in the neighborhood, including childcare and schools, coffee shop, and local favorite Heyday Brewing. Just 20 minutes to RDU Airport and Downtown Raleigh, this home truly has it all.
  • Listed by: Kathleen Carlton 919.623.8624 kate@carltonrealtyco.com Brokerage DRE #C30602 • Keller Williams Legacy
Listing closed: 02/11/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10068342
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Location

Listing Courtesy of Keller Williams Legacy

Sold By EXP Realty LLC

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$2,766 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,336

Property Taxes

$331

HOA Dues

$100

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Property Information for 5516 Wallace Martin Way

Property Details
  • Taxes: $3,968 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • View: Neighborhood
  • Subdivision: 5401 North
Building Information
  • Stories: 2
  • Year Built: 2020
  • Lot Size: 0.10 AC / 4,356 SF
Summary
Location and General Information
  • Directions: GPS directions are corrrect.
  • Subdivision Name: 5401 North
  • Latitude: 35.859556
  • Longitude: -78.532048
Taxes and HOA Information
  • Association Fee: $99.75
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Road Maintenance
  • Association Name: 5401 North Residential Owners Association, Inc.
  • Association Phone2: (919) 233-7660
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $3,968.20
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 1207
  • Has Restrictive Covenants: Yes
  • School District Link: https://osageo.wcpss.net/assignment-lookup/
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-02-05
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: Attached, Covered, Garage Faces Rear, Garage
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 1856.0
  • Lot Features: Corner Lot, Front Yard, Landscaped
  • Architectural Style: Cottage, Craftsman, Traditional
  • Parcel Number: 1736886150
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: Yes
  • Sold PriceList Price: 1.0
Property and Assessments
  • New Construction: No
  • Above Grade Finished Area Source: See Remarks
  • Below Grade Finished Area Source: See Remarks
  • Common Walls: No Common Walls
  • Community Features: Curbs, Clubhouse, Fitness Center, Lake, Playground, Pool, Restaurant, Street Lights, Sidewalks
  • Builder Name: Lennar
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Bedroom
  • Association Amenities: Boat Slip, Clubhouse, Dog Park, Fitness Center, Landscaping, Maintenance Grounds, Park, Playground, Pool, Trail(s)
  • Construction Materials: Fiber Cement
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened
  • Pool Features: Association, Community
  • Roof: Shingle, Architectural Shingle
  • New Construction Type: Site Built, Fiber Cement
Interior Features
  • Levels: Two
  • Stories: 2
  • Main Level Bathrooms: 2
  • Master Bedroom 1st Floor: Yes
  • Fireplace Features: Gas, Gas Log, Living Room
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Windows Treatment: Blinds
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Fireplace(s), Forced Air
  • Has Heating: Yes
  • Appliances: Dryer, Disposal, Dishwasher, Gas Cooktop, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer
  • Laundry Features: Laundry Room, Main Level
  • Interior Features: Breakfast Bar, Built-in Features, Bookcases, Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Storage, Tray Ceiling(s), Walk-In Closet(s), Dining L, Shower Only, Bathtub/Shower Combination, Walk-In Shower, Quartz Counters, Smooth Ceilings
Room Information
Room 1
  • Type: Primary Bedroom
  • Level: Main
  • Length: 13.5
  • Width: 16.17
Room 2
  • Type: Primary Bathroom
  • Level: Main
  • Length: 9.67
  • Width: 8.67
Room 3
  • Type: Dining Room
  • Level: Main
  • Length: 13.0
  • Width: 9.0
Room 4
  • Type: Kitchen
  • Level: Main
  • Length: 13.0
  • Width: 14.9
Room 5
  • Type: Living Room
  • Level: Main
  • Length: 12.6
  • Width: 17.32
Room 6
  • Type: Laundry
  • Level: Main
  • Length: 7.9
  • Width: 6.0
Room 7
  • Type: Other
  • Level: Main
  • Description: Screened Porch
  • Length: 12.0
  • Width: 9.1
Room 8
  • Type: Bedroom 2
  • Level: Second
  • Length: 12.33
  • Width: 12.17
Room 9
  • Type: Bedroom 3
  • Level: Second
  • Length: 11.25
  • Width: 14.17
Room 10
  • Type: Other
  • Level: Second
  • Description: Sitting Room
  • Length: 16.89
  • Width: 9.58

Property History for 5516 Wallace Martin Way

DateEvent & SourcePriceAppreciation
Feb 11, 2025

Sold (Public Record)

Public Record #1550600360

$452,000

+6.8% / yr

Feb 11, 2025

Sold

Doorify MLS (fka Triangle MLS) #10068342

$452,000—
Jan 15, 2025

Pending

Doorify MLS (fka Triangle MLS) #10068342

—
DateEvent & SourcePrice
02/11/2025

Sold (Public Record)

Public Record #1550600360

$452,000

+6.8% / yr

02/11/2025

Sold

Doorify MLS (fka Triangle MLS) #10068342

$452,000
01/15/2025

Pending

Doorify MLS (fka Triangle MLS) #10068342

—

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

Public Records for 5516 Wallace Martin Way

Taxable ValueLand$85,000Additions$369,661Total$454,661
Tax Record2025$3,985 ($332 / month)
Home Facts
Beds0Total Finished SqFt2,104 SqFtAbove Grade Finished SqFt2,104 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built2020ZoningPDCountyWAKEAPN1736.02-88-6150 0448854Fireplace TypeHas Fireplace

Schools near 5516 Wallace Martin Way

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
River Bend Elementary
Public - PK to 5
River Bend Middle
Public - 6 to 8
Rolesville High School
Public - 9 to 12
River Oaks Middle
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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Listing Courtesy of Keller Williams Legacy

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.