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Sold for $482,000
    • $482,000

    5309 Covey Ct, Raleigh, NC 27609

    4beds
    2,574sqft
    Duplex
    Built in 1972
    -- sqft lot
    $543,800 Zestimate®
    $187/sqft
    $1,518 Estimated rent

    Home value

    $543,800

    $495,000 - $598,000

    $1,518/mo

    Zestimate® history
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    What's special

    Ceramic tile bathsNeutral paintGranite countersLarge lotLvp flooringAll-new kitchen cabinets
    Wonderful Quail Ridge duplex with two identical sides. Perfect for investors. Expected rental income for each unit is $1,700. Recently updated with all-new kitchen cabinets and granite counters plus LVP flooring throughout. No carpet! Roof 2019. HVAC 2020 & 2015 with service records. Ceramic tile baths. Neutral paint. Quiet-cul de-sac. Could be great for an owner/occupant who wants rental income. Large lot might work for ADU!

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Harper 919-604-1700,

    Compass -- Cary ,

    Holly Hendren 919-946-2766,

    Compass -- Cary

    Bought with:

    Jesse Maynard, 316061

    Navigate Realty

    Source: Doorify MLS,MLS#: 10119852MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Range Hood, Washer
    • Laundry: Laundry Room, Main Level
    Features
    • Ceiling Fan(s), Granite Counters, His and Hers Closets, High Speed Internet, Walk-In Closet(s), Kitchen/Dining Room Combination
    • Flooring: Luxury Vinyl
    • Doors: Sliding Doors, Storm Door(s)
    Interior area
    • Total structure area: 2,574
    • Total interior livable area: 2,574 sqft
    • Finished area above ground: 2,574
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Off Street, Paved
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Rain Gutters, Storage
    Lot
    • Size: 0.39 Acres
    • Features: Back Yard, Few Trees, Hardwood Trees
    Details
    • Parcel number: 1716567829
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick Veneer, Masonite
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Quail Ridge
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $402,475
    • Annual tax amount: $3,549
    • Date on market: 9/4/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    10/14/2025Sold$482,000-3.6%$187/sqft
    Source: Doorify MLS #10119852 Report a problem
    9/14/2025Pending sale$500,000$194/sqft
    Source: Doorify MLS #10119852 Report a problem
    9/4/2025Listed for sale$500,000+179.3%$194/sqft
    Source: Doorify MLS #10119852 Report a problem
    9/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/3/2023Price change$1,700-2.9%$1/sqft
    Source: Zillow Rentals Report a problem
    9/1/2023Listed for rent$1,750+59.1%$1/sqft
    Source: Zillow Rentals Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/26/2020Listing removed$1,100
    Source: Owner Report a problem
    12/26/2019Listed for rent$1,100
    Source: Owner Report a problem
    11/8/2006Sold$179,000$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,550 +0.4%$402,475
    2024$3,536 +12.4%$402,475 +41.3%
    2023$3,145 +7.5%$284,867
    2022$2,924 +4%$284,867
    2021$2,812 $284,867
    2020-- $284,867 +38.8%
    2019$2,418 $205,211
    2018$2,418 +11.2%$205,211
    2017$2,175 +2.1%$205,211
    2016$2,131 +11.3%$205,211 +13.4%
    2015$1,914 +5.3%$180,938
    2014$1,816 $180,938
    2013-- $180,938
    2012-- $180,938
    2011-- $180,938
    2010-- $180,938
    2009-- $180,938
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: North Raleigh

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Millbrook Elementary
    • Middle: Wake - East Millbrook Middle
    • High: Wake - Millbrook High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $543,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $543,800

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