BACK ON MARKET DUE TO NO FAULT OF SELLER. SELLING AGENT WILLING TO ACCEPT CALLS. Welcome to this beautifully maintained townhouse offering modern comfort and convenience. The open-concept main level features a bright living area, spacious kitchen with ample cabinet space, and a dining area designed for everyday living and entertaining. The first floor primary suite includes a private bath and generous closet space, accompanied by two additional bedrooms upstairs, that provide flexibility for guests. The bonus room and loft area on the second level provide that extra space you need for an office or hobbies. Enjoy the privacy-fenced turf backyard and covered patio for outdoor relaxation. Community amenities including a pool, coffee shop, brewery, clubhouse, and Neuse River trails, make 5401 uniquely special. Easy access to I-540, makes shopping and dining a breeze. This home truly combines comfort with convenience.
Sold for $365,000
$365,000
5523 Wallace Martin Way, Raleigh, NC 27616
3beds
2,076sqft
Townhouse, Residential
Built in 2019
3,049 Square Feet Lot
$366,200 Zestimate®
$176/sqft
$2,121 Estimated rent
Home value
$366,200
$348,000 - $385,000
$2,121/mo
Zestimate® history
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List your homeWhat's special
First floor primary suitePrivacy-fenced turf backyardCovered patioPrivate bathGenerous closet space
Zillow last checked:
Listing updated:
Listed by:
Mitchell Conklin 402-202-4490,
Raleigh Custom Realty, LLC,
Steve Wall 919-208-7226,
Raleigh Custom Realty, LLC
Bought with:
Tye Williams, 323742
Nest Realty of the Triangle
Source: Doorify MLS,MLS#: 10125974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Laundry Closet, Lower Level
Features
- Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Vinyl
- Number of fireplaces: 1
- Common walls with other units/homes: 1 Common Wall, End Unit
Interior area
- Total structure area: 2,076
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Alley Access, Detached
- Garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Closets, Accessible Hallway(s), Accessible Washer/Dryer, Central Living Area
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Exterior features: Fenced Yard, Private Yard, Rain Gutters
- Pool features: Community
- Fencing: Back Yard, Privacy, Vinyl
- Has view: Yes
Lot
- Size: 3,049 Square Feet
- Features: Back Yard, Rectangular Lot
Details
- Additional structures: Garage(s)
- Parcel number: 1736886207
- Zoning: PD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Craftsman, Traditional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Fiber Cement, Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights
- Subdivision: 5401 North
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Fitness Center, Landscaping, Park, Parking, Picnic Area, Playground, Pool, Recreation Facilities
- Services included: Maintenance Grounds
- HOA fee: $224 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $396,022
- Annual tax amount: $3,473
- Date on market: 10/6/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $365,000-2.7%$176/sqft |
Source:  Doorify MLS #10125974 Report a problem | ||
| 12/26/2025 | Pending sale | $375,000$181/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 12/2/2025 | Price change | $375,000-2.6%$181/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 11/29/2025 | Price change | $385,000-1.3%$185/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 11/17/2025 | Listed for sale | $389,999$188/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 10/28/2025 | Pending sale | $389,999$188/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 10/23/2025 | Price change | $389,999-2.5%$188/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 10/15/2025 | Price change | $399,999-2.4%$193/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 10/6/2025 | Listed for sale | $410,000+36.9%$197/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 4/12/2021 | Sold | $299,500-2.3%$144/sqft |
Source: Public Record Report a problem | ||
| 10/24/2019 | Sold | $306,500-0.5%$148/sqft |
Source: Public Record Report a problem | ||
| 7/24/2019 | Price change | $308,000-1.8%$148/sqft |
Source: Chesapeake Homes Report a problem | ||
| 7/17/2019 | Listed for sale | $313,500$151/sqft |
Source: Chesapeake Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,474 +0.4% | $396,022 |
| 2024 | $3,459 +10.3% | $396,022 +38.6% |
| 2023 | $3,135 +7.6% | $285,824 |
| 2022 | $2,914 +4% | $285,824 |
| 2021 | $2,801 +1.8% | $285,824 |
| 2020 | $2,750 +323.8% | $285,824 +410.4% |
| 2019 | $649 | $56,000 |
| 2018 | $649 | $56,000 |
Find assessor info on the county website
Neighborhood: 27616
Nearby homes
- $365,6003 bd3 ba2k sqft5523 Wallace Martin Way #1174, Raleigh, NC 27616Off Market
- $367,200-- bd2 ba1.7k sqft5525 Wallace Martin Way, Raleigh, NC 27616Off Market
- $369,9003 bd3 ba2.1k sqft5519 Wallace Martin Way, Raleigh, NC 27616For Sale
- $333,3003 bd2 ba1.7k sqft5527 Wallace Martin Way, Raleigh, NC 27616Off Market
- $356,2003 bd4 ba1.7k sqft5517 Wallace Martin Way, Raleigh, NC 27616Off Market
- $329,0003 bd3 ba1.7k sqft5517 Wallace Martin Way #1176, Raleigh, NC 27616Off Market
- $373,3004 bd3 ba1.8k sqft5515 Wallace Martin Way, Raleigh, NC 27616Off Market
- $355,7003 bd4 ba1.7k sqft5513 Wallace Martin Way, Raleigh, NC 27616Off Market
Nearby schools
GreatSchools rating
- 4/10River Bend ElementaryGrades: PK-5Distance: 0.4 mi
- 2/10River Bend MiddleGrades: 6-8Distance: 0.1 mi
- 5/10Rolesville High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- Elementary: Wake - River Bend
- Middle: Wake - River Bend
- High: Wake - Rolesville
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
$366,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$366,200
- North Carolina
- Wake County
- Raleigh
- 27616
- 5523 Wallace Martin Way
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