Welcome to 5205 Invention Way, a modern three-story townhome built in 2022 and located in the popular 5401 North community. Thoughtfully designed for flexibility and everyday living, this home offers three bedrooms, each with convenient access to a full bath. The first floor features a private bedroom and full bath deal for office or guests, along with access to the one-car garage. Fresh paint throughout and built in shelving. The main living level features LVP flooring and an open-concept kitchen with granite countertops, stainless steel appliances, gas range, and a welcoming center island that provides plenty of space for dining, and entertaining. Upstairs, the spacious owner's suite includes a walk-in closet and private bath with a tiled walk-in shower and built-in seat. The third bedroom is also complete with its own full bathroom and walk-in closet. 5401 North offers an impressive collection of neighborhood amenities, including a community pool, fitness center, clubhouse, dog park, community garden, greenway access, and nearby commercial conveniences. Enjoy easy access to local favorites such as Heyday Brewing, coffee, shopping, and dining. Conveniently located just minutes from Downtown Raleigh with access to I-540, RTP, and RDU International Airport, this home combines modern living, neighborhood amenities, and an excellent Raleigh location.
For sale
$320,000
5205 Invention Way, Raleigh, NC 27616
3beds
1,825sqft
Townhouse
Built in 2022
1,306 Square Feet Lot
$315,300 Zestimate®
$175/sqft
$230/mo HOA
What's special
Modern three-story townhomeFresh paint throughoutOpen-concept kitchenCommunity poolLvp flooringGranite countertopsGas range
- 9 days
- 255
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bobby Taboada 919-879-7904,
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10194787
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Third
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer
- Laundry: Laundry Closet
Features
- Open Floorplan, Bathtub/Shower Combination, Radon Mitigation
- Flooring: Carpet, Luxury Vinyl
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,825
- Total interior livable area: 1,825 sqft
- Finished area above ground: 1,825
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage
- Garage spaces: 1
- Uncovered spaces: 1
- Details: Street
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Porch
- Exterior features: Balcony
- Fencing: None
Lot
- Size: 1,306 Square Feet
Details
- Parcel number: 173602588607000 0489982
- Zoning: PD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Transitional
- Property subtype: Townhouse
Materials
- Fiber Cement, Stone
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: 5401 North
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Pool
- Services included: Unknown, Road Maintenance
- HOA fee: $230 monthly
- HOA name: Elite management
- HOA phone: 919-233-7660
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $330,148
- Annual tax amount: $3,021
- Date on market: 9/25/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership type: Townhouse
- Road surface type: Paved
Estimated market value
$315,300
$300,000 - $331,000
$2,141/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $320,000+4.7%$175/sqft |
Source: | ||
| 9/6/2026 | Listing removed | $2,200$1/sqft |
Source: eXp Realty #10177169 Report a problem | ||
| 6/30/2026 | Listed for rent | $2,200$1/sqft |
Source: eXp Realty #10177169 Report a problem | ||
| 8/7/2025 | Listing removed | $2,200$1/sqft |
Source: Doorify MLS #10113805 Report a problem | ||
| 8/5/2025 | Listed for rent | $2,200$1/sqft |
Source: Doorify MLS #10113805 Report a problem | ||
| 7/26/2025 | Listing removed | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2025 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/29/2022 | Sold | $305,500-6.1%$167/sqft |
Source: Public Record Report a problem | ||
| 10/9/2022 | Listed for sale | $325,240$178/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,899 +0.4% | $330,148 |
| 2024 | $2,887 +7.6% | $330,148 +35.1% |
| 2023 | $2,684 +341.8% | $244,383 +307.3% |
| 2022 | $608 | $60,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27616
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - River Bend Elementary
- Middle: Wake - River Bend Middle School
- High: Wake - Rolesville High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







