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Sold for $310,000
  • $310,000

    5413 Olive Rd, Raleigh, NC 27606

    4beds
    1,870sqft
    Single Family Residence, Residential
    Built in 1960
    0.47 Acres Lot
    $310,300 Zestimate®
    $166/sqft
    $2,290 Estimated rent

    Home value

    $310,300

    $295,000 - $326,000

    $2,290/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceLarge kitchenOpen roomsExpansive lotNearly half an acreCozy den
    Welcome to a charming ranch-style home on nearly half an acre in a well-established Raleigh neighborhood -- perfect for investors, DIY enthusiasts, or those looking to add their personal touch. This solidly built residence offers spacious living across the main level, including a formal living room, a cozy den, and a wood-burning fireplace that brings warmth and character to the heart of the home -- ideal for family gatherings or relaxation. With 4 bedrooms and 2.5 baths and just under 1,900 square feet of living space, the layout is generous and functional, lending itself beautifully to multigenerational living, future expansion, or flexible use of rooms. The large kitchen and open rooms provide an excellent base for updating to your taste, while the expansive lot gives you room to enjoy outdoor living, add a workshop, or even consider future landscaping possibilities. Whether you're a hands-on homeowner looking to make it your own, a fix & flip investor, or someone seeking a long-term hold with strong neighborhood appeal, this property presents excellent potential and is ready for its next chapter. Don't miss this rare opportunity to transform a classic ranch into something truly special!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Rivera 910-580-6538,

    THE AVALON REALTY GROUP LLC

    Bought with:

    Ida Terbet, 101494

    Coldwell Banker HPW

    Michael Terbet, 248722

    Coldwell Banker HPW

    Source: Doorify MLS,MLS#: 10144342MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Fireplace(s), Forced Air
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Laminate
    Interior area
    • Total structure area: 1,870
    • Total interior livable area: 1,870 sqft
    • Finished area above ground: 1,870
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: 0782373759
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick Veneer
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Subdivision: Lakeside
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $355,866
    • Annual tax amount: $2,296
    • Date on market: 2/3/2026

    Price history

    DateEventPrice
    6/29/2026Sold$310,000-2.8%$166/sqft
    Source: Doorify MLS #10144342 Report a problem
    5/29/2026Pending sale$319,000$171/sqft
    Source: Doorify MLS #10144342 Report a problem
    4/23/2026Price change$319,000-3%$171/sqft
    Source: Doorify MLS #10144342 Report a problem
    3/26/2026Price change$329,000-7.3%$176/sqft
    Source: Doorify MLS #10144342 Report a problem
    3/10/2026Price change$355,000-4%$190/sqft
    Source: Doorify MLS #10144342 Report a problem
    3/2/2026Price change$369,900-2.7%$198/sqft
    Source: Doorify MLS #10144342 Report a problem
    2/22/2026Price change$380,000-2.6%$203/sqft
    Source: Doorify MLS #10144342 Report a problem
    2/3/2026Listed for sale$390,000+161.7%$209/sqft
    Source: Doorify MLS #10144342 Report a problem
    8/1/2002Sold$149,000$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,296 +3%$355,866
    2024$2,230 +5.6%$355,866 +32.7%
    2023$2,111 +7.9%$268,188
    2022$1,957 +2.7%$268,188
    2021$1,905 +1.7%$268,188
    2020$1,873 +6%$268,188 +25.4%
    2019$1,766 $213,832
    2018$1,766 +14.7%$213,832
    2017$1,540 +2.1%$213,832
    2016$1,509 +4.9%$213,832 +4.7%
    2015$1,438 +5.5%$204,225
    2014$1,364 $204,225
    2013-- $204,225
    2012-- $204,225
    2011-- $204,225
    2010-- $204,225
    2009-- $204,225
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 27606

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake County Schools
    • Middle: Wake County Schools
    • High: Wake County Schools

    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
    $310,300
    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
    $310,300