Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome in the highly desirable Riverside community--where comfort, convenience, and style come together to truly live like a single-family home! Step inside to find an inviting open floor plan featuring a spacious family room with a cozy gas log fireplace, perfect for relaxing or entertaining. The kitchen is a chef's delight with granite countertops, ample cabinetry, and great flow into the dining area, which is enhanced by elegant crown molding and chair rail details. Upstairs, you'll love the versatile loft space--ideal for a home office, media room, or play area. The generously sized primary suite offers a private retreat with a luxurious bath complete with a garden tub and separate shower. Two additional bedrooms provide plenty of space for family or guests. Enjoy outdoor living with a private patio featuring fencing on both sides for added privacy--perfect for morning coffee or evening gatherings. A rare 2-car garage adds convenience and extra storage. Refrigerator, Washer, and Dryer conveys making this home move-in ready! Newer HVAC (2022) for added peace of mind. Residents of Riverside enjoy fantastic neighborhood amenities including a swimming pool, tennis courts, playground, and clubhouse. Ideally located just minutes from shopping, dining, medical facilities, and the scenic Neuse River Trail, this home offers the perfect blend of lifestyle and location. Don't miss your opportunity to call this exceptional property home!
Pending
Price cut: $10K (5/13)
$340,000
5316 Fair Rain Dr, Raleigh, NC 27616
3beds
2,301sqft
Townhouse, Residential
Built in 2003
3,049 Square Feet Lot
$332,200 Zestimate®
$148/sqft
$270/mo HOA
What's special
Cozy gas log fireplaceVersatile loft spaceSpacious family roomGranite countertopsGenerously sized primary suiteTwo additional bedroomsInviting open floor plan
- 74 days |
- 270 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Karen Foster 919-673-9696,
Keller Williams Realty
Source: Doorify MLS,MLS#: 10158872
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Heat Pump, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Ice Maker, Microwave, Range, Refrigerator, Washer/Dryer
- Laundry: Laundry Room, Upper Level
Features
- Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Separate Shower, Soaking Tub, Stone Counters, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile, Wood
- Has fireplace: Yes
- Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below
Interior area
- Total structure area: 2,301
- Total interior livable area: 2,301 sqft
- Finished area above ground: 2,301
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front
- Attached garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio, Porch
- Exterior features: Rain Gutters
- Pool features: Community
- Fencing: Privacy, Vinyl
- Has view: Yes
Lot
- Size: 3,049 Square Feet
- Features: Landscaped
Details
- Parcel number: 1737294039
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Craftsman, Transitional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Brick, Shake Siding, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Playground, Pool, Sidewalks, Suburban, Tennis Court(s)
- Subdivision: Riverside
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Maintenance Grounds, Playground, Pool, Tennis Court(s)
- Services included: Maintenance Grounds, Pest Control
- HOA fee: $270 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $351,714
- Annual tax amount: $3,087
- Date on market: 4/9/2026
Estimated market value
$332,200
$316,000 - $349,000
$2,062/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Pending sale | $340,000$148/sqft |
Source:  Doorify MLS #10158872 Report a problem | ||
| 5/13/2026 | Price change | $340,000-2.9%$148/sqft |
Source: Doorify MLS #10158872 Report a problem | ||
| 4/9/2026 | Listed for sale | $350,000+55.6%$152/sqft |
Source: Doorify MLS #10158872 Report a problem | ||
| 11/3/2016 | Sold | $225,000$98/sqft |
Source: Doorify MLS #2090723 Report a problem | ||
| 9/21/2016 | Listed for sale | $225,000+29.3%$98/sqft |
Source: Coldwell Banker Howard Perry and Walston #2090723 Report a problem | ||
| 9/3/2004 | Sold | $174,000$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,087 +0.4% | $351,714 |
| 2024 | $3,075 +21.2% | $351,714 +52.3% |
| 2023 | $2,537 +7.6% | $230,896 |
| 2022 | $2,358 +4% | $230,896 |
| 2021 | $2,267 +1.8% | $230,896 |
| 2020 | $2,226 +2.8% | $230,896 +24.7% |
| 2019 | $2,166 | $185,141 |
| 2018 | $2,166 +11.3% | $185,141 |
| 2017 | $1,946 +34.4% | $185,141 |
| 2016 | $1,448 -32.2% | $185,141 -9.4% |
| 2015 | $2,137 +5.4% | $204,396 |
| 2014 | $2,027 | $204,396 |
| 2013 | -- | $204,396 |
| 2012 | -- | $204,396 |
| 2011 | -- | $204,396 |
| 2010 | -- | $204,396 |
| 2009 | -- | $204,396 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
GreatSchools rating
- 4/10Wildwood Forest ElementaryGrades: PK-5Distance: 0.3 mi
- 2/10East Millbrook MiddleGrades: 6-8Distance: 2.6 mi
- 8/10Wakefield HighGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Wake - Wildwood Forest Elementary
- Middle: Wake - East Millbrook Middle
- High: Wake - Wakefield High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27616
- Northeast Raleigh
- 5316 Fair Rain Dr
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