5016 Olde South Rd is a 1,498 square foot house on a 1 acre lot with 1 bathroom. Based on Redfin's Raleigh data, we estimate the home's value is $330,011.
Single-familyProperty Type
1977Year Built
1 acresLot Size
$220Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$330,011
$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 36.9% lower than the average sale price ($523K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$824 (+2.9%)
$96,000 + $155,303
$251,303
2024
$800 (+25.7%)
$96,000 + $155,303
$251,303
2023
$637 (+7.7%)
$96,000 + $155,303
$251,303
2022
$591 (+2.7%)
$67,200 + $90,970
$158,170
2021
$576 (+1.6%)
$67,200 + $90,970
$158,170
2020
$566 (−9.6%)
$67,200 + $90,970
$158,170
2019
$627 (+8.5%)
$67,200 + $90,970
$158,170
2018
$578 (+5.3%)
$64,000 + $84,618
$148,618
2017
$548 (+2.1%)
$64,000 + $84,618
$148,618
2016
$537 (−7.1%)
$64,000 + $84,618
$148,618
2015
$578 (+5.3%)
$64,000 + $84,618
$148,618
2014
$549 (−45.5%)
$75,000 + $85,809
$160,809
2013
$1,007
$75,000 + $85,809
$160,809
2012
$1,007
$75,000 + $85,809
$160,809
2011
$1,007
$75,000 + $85,809
$160,809
Tax history for 5016 Olde South Rd
Year
Property tax
Land + Additions
Assessment*
2025
$824 (+2.9%)
$96,000 + $155,303
$251,303
2024
$800 (+25.7%)
$96,000 + $155,303
$251,303
2023
$637 (+7.7%)
$96,000 + $155,303
$251,303
2022
$591 (+2.7%)
$67,200 + $90,970
$158,170
2021
$576 (+1.6%)
$67,200 + $90,970
$158,170
2020
$566 (−9.6%)
$67,200 + $90,970
$158,170
2019
$627 (+8.5%)
$67,200 + $90,970
$158,170
2018
$578 (+5.3%)
$64,000 + $84,618
$148,618
2017
$548 (+2.1%)
$64,000 + $84,618
$148,618
2016
$537 (−7.1%)
$64,000 + $84,618
$148,618
2015
$578 (+5.3%)
$64,000 + $84,618
$148,618
2014
$549 (−45.5%)
$75,000 + $85,809
$160,809
2013
$1,007
$75,000 + $85,809
$160,809
2012
$1,007
$75,000 + $85,809
$160,809
2011
$1,007
$75,000 + $85,809
$160,809
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-40W
Residential-40 Watershed District
The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Electric
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 4
Exterior
Exterior Information
Building Style Type: Ranch
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: NORMAN R ETHERIDGE TR 02A
Living Sq. Ft: 1,498
Building Sq. Ft: 1,498
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LOA PROP NORMAN R ETHERIDGE BM1978-00352
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Acres: 1
Zoning Code: R-40W
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: Electric
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,498
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: 1977
County: Wake County
APN: 0781.01 37 4769 000
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
K - 12
Preschool & daycare
Yates Mill Elementary
Public PreK-5 • Assigned • 1.2mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 2.1mi
7/10
Athens Drive High
Public 9-12 • Assigned • 3.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
61% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27606
Average low and high temperatures (°F)
49
31
55
37
70
47
77
56
79
61
90
70
92
74
83
69
81
64
70
53
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$314,000 – $380,000
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