5520 Advancing Avenue

Closed 7/31/25New Construction

Property_F313_DSC04311-Edit_30-05-25_13_

final_composition_bc5e9f9e-6380-435f-8ce

Sold

Last Sold Price

$470,000

3 beds3 baths2,162 sqft

5520 Advancing Ave, Raleigh, NC 27616

Single FamilyProperty Type

0.1 acresLot Size

2019Year Built

$217/sq ftPrice per sq ft

$117/moHOA Fees

2 carsParking Spaces

Description

Back on the Market - Now with New Floors! This beautifully updated home in the heart of 5401 North is ready for its next owner. Featuring a fresh new look and thoughtful design throughout, this home offers both style and comfort in one of Raleigh's most desirable communities. Enjoy an open-concept layout with a chef's kitchen, custom cabinetry, gas cooktop, double oven, and smart home features throughout. The first-floor primary suite adds convenience, while the upstairs loft and Jack-and-Jill bathroom...Back on the Market - Now with New Floors! This beautifully updated home in the heart of 5401 North is ready for its next owner. Featuring a fresh new look and thoughtful design throughout, this home offers both style and comfort in one of Raleigh's most desirable communities. Enjoy an open-concept layout with a chef's kitchen, custom cabinetry, gas cooktop, double oven, and smart home features throughout. The first-floor primary suite adds convenience, while the upstairs loft and Jack-and-Jill bathroom provide flexible living space. Relax on the screened porch or entertain in the outdoor kitchen—this home is built for everyday living and special moments. Bonus: This home qualifies for a 2.75% assumable FHA mortgage—an incredible opportunity for eligible buyers to lock in a low interest rate. Located in a walkable, amenity-rich neighborhood with a resort-style pool, fitness center, clubhouse, trails, dog park, and more. Come see it today—this one won't last.

Listed by: Yandry Mastromihalis 743.300.5983 yandry@mastrohomes.com Brokerage DRE #C38854 • eXp Realty, LLC - C

Listing closed: 07/31/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10078688

Recent comparable sales

Median sold price

$445,000

Avg days on market

Sale-to-list ratio

97.6%

1/60

$445,000

Sold 06/18/26

3
Bedrooms: 3
Bathrooms: 2,176
Square Feet: 0.1
Acres

6409 Expertise Avenue, Raleigh, NC 27616

1/46

$465,000

Sold 08/28/25

3
Bedrooms: 3
Bathrooms: 2,215
Square Feet: 0.11
Acres

6612 Enrichment Lane, Raleigh, NC 27616

1/54

$454,000

Sold 07/22/26

3
Bedrooms: 3
Bathrooms: 2,063
Square Feet: 0.11
Acres

6605 Truxton Lane, Raleigh, NC 27616

1/43

$458,000

Sold 04/20/26

3
Bedrooms: 3
Bathrooms: 2,062
Square Feet: 0.13
Acres

6616 Truxton Lane, Raleigh, NC 27616

1/31

$425,000

Sold 12/17/24

3
Bedrooms: 3
Bathrooms: 2,207
Square Feet: 0.1
Acres

6304 Kayton Street, Raleigh, NC 27616

1/57

$420,000

Sold 08/21/26

3
Bedrooms: 3
Bathrooms: 1,959
Square Feet: 0.1
Acres

5216 Beckom Street, Raleigh, NC 27616

1/49

$469,000

Sold 10/30/24

3
Bedrooms: 3
Bathrooms: 2,134
Square Feet: 0.09
Acres

5305 Forsyth Park Street, Raleigh, NC 27616

1/42

$420,000

Sold 05/22/25

3
Bedrooms: 3
Bathrooms: 2,365
Square Feet: 0.14
Acres

3911 Massey Wood Trail, Raleigh, NC 27616

1/49

$425,000

Sold 07/11/25

3
Bedrooms: 3
Bathrooms: 2,099
Square Feet: 0.15
Acres

3913 Massey Pointe Court, Raleigh, NC 27616

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Location

Listing Courtesy of eXp Realty, LLC - C

Sold By Rockefeller Realty, Inc

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$2,873 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,429

Property Taxes

$327

HOA Dues

$117

The Payment Calculator is for illustrative purposes only.

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Property Information for 5520 Advancing Avenue

Property Details

Taxes: $3,927 / year
MLS Type: Residential / Single Family Residence
County: Wake County
Subdivision: 5401 North

Building Information

Year Built: 2019
Lot Size: 0.10 AC / 4,356 SF

Summary

Location and General Information

Directions: From Downtown Raleigh Get on US-401 N/Capital Blvd from Watauga St and Brookside Dr Follow US-401 N to Midtown Market Ave Continue on Midtown Market Ave. Take Perry Creek Rd to Advancing Ave
Subdivision Name: 5401 North

Latitude: 35.861844
Longitude: -78.533793

Taxes and HOA Information

Association Fee: $117.00
Association Fee Frequency: Monthly

Association Fee Includes: None
Association Name: Elite Management Professionals Inc.
Association Phone2: (919) 233-7660
Association: Yes
HOA 1 Fees Required: Yes
Tax Annual Amount: $3,926.93
City Limits Of: Raleigh
Has City Limits: Yes
Lot Number: 20
Has Restrictive Covenants: Yes

Contract Information

Original MLS: Triangle MLS Inc
Has Property Leased: No

Years Owned: 1 or More Year(s)
Due Diligence Expiration Date: 2025-06-26

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
Attached Garage: No

Garage Spaces: 2.0
Garage: Yes

Property

Lot Information

Building Area Total: 2162.0
Architectural Style: Traditional

Total Other Area Sq Ft: 0.0
Parcel Number: 1736.02-88-3534.000
Enhanced Accessible: No
Has Main Level Bedrooms: Yes
Has Primary Residence: Yes
Sold PriceList Price: 0.96

Property and Assessments

New Construction: No

Utilities

Sewer: Public Sewer
Water Source: Public

Interior and Exterior Features

Exterior Features

Construction Materials: Fiber Cement
Foundation Details: Slab

Roof: Metal, Shingle
New Construction Type: Fiber Cement

Interior Features

Levels: Two
Master Bedroom 1st Floor: Yes

Flooring: Laminate
Cooling: Zoned
Has Cooling: Yes
Heating: Heat Pump, Zoned
Has Heating: Yes

Room Information

Room 1

Type: Primary Bathroom
Level: Main

Room 2

Type: Bathroom 2
Level: Main

Room 3

Type: Mud Room
Level: Main

Room 4

Type: Breakfast Room
Level: Main

Room 5

Type: Kitchen
Level: Main

Room 6

Type: Laundry
Level: Main

Room 7

Type: Bedroom 2
Level: Second

Room 8

Type: Bathroom 3
Level: Second

Room 9

Type: Bedroom 3
Level: Second

Room 10

Type: Loft
Level: Second

Room 11

Type: Primary Bedroom
Level: Main

Property History for 5520 Advancing Avenue

Date	Event & Source	Price	Appreciation
Jul 31, 2025	Sold Doorify MLS (fka Triangle MLS) #10078688	$470,000	—
Jul 28, 2025	Sold (Public Record) Public Record #1909650255	$470,000	+6.1% / yr
Jun 13, 2025	Pending Doorify MLS (fka Triangle MLS) #10078688		—
May 30, 2025	Listed (Active) Doorify MLS (fka Triangle MLS) #10078688	$500,000	—
Nov 18, 2019	Sold (Public Record) Public Record #657370095	$336,000	—

Date	Event & Source	Price
07/31/2025	Sold Doorify MLS (fka Triangle MLS) #10078688	$470,000
07/28/2025	Sold (Public Record) Public Record #1909650255	$470,000 +6.1% / yr
06/13/2025	Pending Doorify MLS (fka Triangle MLS) #10078688	—
05/30/2025	Listed (Active) Doorify MLS (fka Triangle MLS) #10078688	$500,000
11/18/2019	Sold (Public Record) Public Record #657370095	$336,000

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

Public Records for 5520 Advancing Avenue

Taxable ValueLand$85,000Additions$364,848Total$449,848

Tax Record2025$3,943 ($329 / month)

Home Facts

Beds0Baths2.5Total Finished SqFt2,102 SqFtAbove Grade Finished SqFt2,102 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built2019ZoningPDCountyWAKEAPN1736.02-88-3534 0448810

Schools near 5520 Advancing Avenue

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
4/10	River Bend Elementary	Public - Serves this home	PK to 5	0.3 mi
2/10	River Bend Middle	Public - Serves this home	6 to 8	0.1 mi
5/10	Rolesville High School	Public - Serves this home	9 to 12	6.0 mi
1/10	River Oaks Middle	Public - Choice school	6 to 8	4.6 mi
10/10	Wake Early College of Health and Science	Public - Nearby school	9 to 13	6.0 mi
NR	Longview School	Public - Choice school	6 to 12	6.8 mi


Rating	School	Distance
4/10	River Bend Elementary PublicPK to 5 Serves this home	0.3 mi
2/10	River Bend Middle Public6 to 8 Serves this home	0.1 mi
5/10	Rolesville High School Public9 to 12 Serves this home	6.0 mi
1/10	River Oaks Middle Public6 to 8 Choice school	4.6 mi
10/10	Wake Early College of Health and Science Public9 to 13 Nearby school	6.0 mi
NR	Longview School Public6 to 12 Choice school	6.8 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: 5520 Advancing Avenue, Raleigh, NC 27616	$470,000	3	3	2,162	4,356
5520 Advancing Avenue, Unit 1161, Raleigh, NC 27616	$335,645	3	3	2,056	3,920
5524 Advancing Avenue, Raleigh, NC 27616	$500,000	–	4	2,532	3,920
5524 Advancing Avenue, Unit 1162, Raleigh, NC 27616	$353,195	4	4	2,492	3,920
5516 Advancing Avenue, Unit 1160, Raleigh, NC 27616	$407,750	5	4	2,411	3,920
5516 Advancing Avenue, Raleigh, NC 27616	$403,000	–	5	2,959	3,920
5512 Advancing Avenue, Unit 1159, Raleigh, NC 27616	$355,145	4	4	2,470	3,920
5512 Advancing Avenue, Raleigh, NC 27616	$355,500	–	5	2,521	3,920
5528 Advancing Avenue, Unit 1163, Raleigh, NC 27616	$309,660	3	3	1,735	4,138
5528 Advancing Avenue, Raleigh, NC 27616	$310,000	–	3	1,685	3,920
5532 Advancing Avenue, Raleigh, NC 27616	–	–	4	2,089	5,227
5508 Advancing Avenue, Raleigh, NC 27616	$520,000	4	4	2,605	3,920
5508 Advancing Avenue, Unit 1158, Raleigh, NC 27616	$347,000	4	4	2,053	3,920
5532 Advancing Avenue, Unit 1164, Raleigh, NC 27616	$331,800	3	3	2,108	5,227
5504 Advancing Avenue, Unit 1157, Raleigh, NC 27616	$334,990	3	3	1,841	3,920
5504 Advancing Avenue, Raleigh, NC 27616	$335,000	–	4	2,100	3,920

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Listing Courtesy of eXp Realty, LLC - C

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.

Raleigh, NC

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