5516 Wallace Martin Way

Closed 2/11/25
Closed 2/11/25
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Last Sold Price
$452,000
3 beds1,856 sqft$244/sqft
5516 Wallace Martin Way, Raleigh, NC 27616

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.
LISTING CLOSED: 02/11/2025 12:00 AM

  1. Listed by Kathleen Carlton • Keller Williams Legacy

Property Details for 5516 Wallace Martin Way

Status
Closed
MLS #
10068342
Taxes
$3,968 / year
HOA Fees
$100 / month
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
2020
Lot Size
0.10 AC / 4,356 SF
County
Wake County
View
Neighborhood
View
Yes
Subdivision
5401 North
HOA Fees
$99.75
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Location

Listing Courtesy of Keller Williams Legacy

Sold By EXP Realty LLC

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Building Information for 5516 Wallace Martin Way

Stories2Year Built2020Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

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$2,728 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,297

Property Taxes

$331

HOA Dues

$100

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Property Information for 5516 Wallace Martin Way

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 Includes: Road Maintenance
  • Association: Yes
  • Total HOA Dues: $99.75
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $3,968.20
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1207
  • Restrictive Covenants YN: Yes
  • School District Link: https://osageo.wcpss.net/assignment-lookup/
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2025-02-05
School Information
  • Elementary School: Wake - River Bend
  • Middle Or Junior School: Wake - River Bend
  • High School: Wake - Rolesville
Parking
  • Open Parking: No
  • Parking Features: Attached, Covered, Garage, Garage Faces Rear
  • 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
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1736886150
  • Structure Type: Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
  • Sold PriceList Price: 1
Property and Assessments
  • New Construction: No
  • Photos Count: 37
  • Above Grade Finished Area Source: See Remarks
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: No Common Walls
  • Community Features: Clubhouse, Curbs, Fitness Center, Lake, Playground, Pool, Restaurant, Sidewalks, Street Lights
  • Builder Name: Lennar
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessible Bedroom
  • 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
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Fiber Cement, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Vinyl, Tile
  • Windows Treatment: Blinds
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Fireplace(s), Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer
  • Laundry Features: Laundry Room, Main Level
  • Interior Features: Bathtub/Shower Combination, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Dual Closets, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Shower Only, Smooth Ceilings, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer
  • Interior: Attached, Covered, Garage, Garage Faces Rear, Fiber Cement, Laundry Room, Main Level
  • Equipment: Dishwasher, Disposal, Dryer, Gas Cooktop, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer, Laundry Room, Main Level, Attached, Covered, Garage, Garage Faces Rear
Room Information
Room Information
  • Rooms Total: 10.0
Room 1
  • Room Dimensions: 13.5 x 16.17
  • Room Width: 16.17
  • Room Length: 13.5
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 9.67 x 8.67
  • Room Width: 8.67
  • Room Length: 9.67
  • Room Level: Main
  • Room Type: Primary Bathroom
Room 3
  • Room Dimensions: 13 x 9
  • Room Width: 9.0
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Dimensions: 13 x 14.9
  • Room Width: 14.9
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 12.6 x 17.33
  • Room Width: 17.33
  • Room Length: 12.6
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Dimensions: 7.9 x 6
  • Room Width: 6.0
  • Room Length: 7.9
  • Room Level: Main
  • Room Type: Laundry
Room 7
  • Room Description: Screened Porch
  • Room Dimensions: 12 x 9.1
  • Room Width: 9.1
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Other
Room 8
  • Room Dimensions: 12.33 x 12.17
  • Room Width: 12.17
  • Room Length: 12.33
  • Room Level: Second
  • Room Type: Bedroom 2
Room 9
  • Room Dimensions: 11.25 x 14.17
  • Room Width: 14.17
  • Room Length: 11.25
  • Room Level: Second
  • Room Type: Bedroom 3
Room 10
  • Room Description: Sitting Room
  • Room Dimensions: 16.9 x 9.58
  • Room Width: 9.58
  • Room Length: 16.9
  • Room Level: Second
  • Room Type: Other
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

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

TRIANGLEMLS #10068342

$452,000—
Jan 15, 2025

Pending

TRIANGLEMLS #10068342

—
DateEvent & SourcePrice
02/11/2025

Sold (Public Record)

Public Record #1550600360

$452,000

+6.8% / yr

02/11/2025

Sold

TRIANGLEMLS #10068342

$452,000
01/15/2025

Pending

TRIANGLEMLS #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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5516 Wallace Martin Way, Raleigh, NC 27616
$452,000
3
1,856
4,356
5516 Wallace Martin Way, Unit 1207, Raleigh, NC 27616
$331,000
3
2,056
4,356
5512 Wallace Martin Way, Raleigh, NC 27616
$324,500
–
3
2,107
3,920
5512 Wallace Martin Way, Unit 1206, Raleigh, NC 27616
$324,205
3
2,108
3,920
5518 Wallace Martin Way, Raleigh, NC 27616
–
–
–
–
9,148
5508 Wallace Martin Way, Unit 1205, Raleigh, NC 27616
$346,710
4
2,350
3,920

Explore Nearby Homes

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 Keller Williams Legacy

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