Off market oct 2019 for $384K

$598,512

Est. refi paymentEst. refi $3,112/mo

—

•

2 ba

•

2,523

sq ft

5125 Melbourne Rd, Raleigh, NC 27606

About this home

Single-familyProperty Type

1958Year Built

0.39 acresLot Size

$237Est. Price/Sq.Ft.

Listed by Susan Woodward • Woodward & Associates

Bought with Susan Woodward • Woodward & Associates

Source:TMLS #626601

Redfin Estimate

$598,512

$215K since sold in October 2019$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.4% lower than the average sale price ($708K) of 6 comparable homes.

SOLD JUL 9, 2026
$837,500
A
4 beds2.5 baths2,570 sq ft
4001 Brothwell Ct, Raleigh, NC 27606
SOLD OCT 7, 2026
$900,000
B
4 beds2 baths2,315 sq ft
119 Montgomery St, Raleigh, NC 27607
SOLD JUL 14, 2026
$650,000
C
4 beds3 baths2,473 sq ft
1001 Deboy St, Raleigh, NC 27606
SOLD AUG 7, 2026
$675,000
D
4 beds2.5 baths2,423 sq ft
1022 Clare Ct, Cary, NC 27511
SOLD JUL 10, 2026
$645,000
E
5 beds3.5 baths2,905 sq ft
5125 Wickham Rd, Raleigh, NC 27606
SOLD OCT 19, 2026
$538,200
F
4 beds2 baths1,958 sq ft
805 Brent Rd, Raleigh, NC 27606

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Earn from this home

Sell

$298,073

Est. take-home

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Refinance

Est. cash available

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Rent

$2,787/mo

Redfin rental estimate

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Market trends in 27606, NC

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.7%

0.3% MoM

Median sale price

$530K

$58K MoM

Avg. days on market

40d

5 days MoM

Recently sold homes

107

17 MoM

New listings for sale

$595,000
5 beds3.5 baths3,240 sq ft
300 Fenella Dr, Raleigh, NC 27606
COMING SOON
$675,000
3 beds3 baths2,900 sq ft
3200 Oaklyn Springs Dr, Raleigh, NC 27606
$214,900
2 beds2 baths917 sq ft
3502 Ivy Commons Dr #202, Raleigh, NC 27606
$519,900
4 beds3 baths2,494 sq ft
5320 Olde South Rd, Raleigh, NC 27606
$380,000
3 beds2.5 baths1,551 sq ft
5140 Simmons Branch Trl, Raleigh, NC 27606
$499,000
5 beds3 baths2,422 sq ft
820 Nuttree Pl, Raleigh, NC 27606
COMING SOON
$710,000
3 beds2.5 baths2,308 sq ft
2900 Whitehart Ln, Raleigh, NC 27606
$425,000
2 beds1.5 baths1,444 sq ft
360 Meredith St, Raleigh, NC 27606
$550,000
3 beds2 baths1,754 sq ft
7829 Netherlands Dr, Raleigh, NC 27606
$398,000
Studio2 baths1,940 sq ft
718 Powell Dr, Raleigh, NC 27606
See all

Provided by Redfin

Sale history for 5125 Melbourne Rd

Date

Event

Price

Public Records

Oct 25, 2019

Sold

$384,000

$152/sq ft

Public Records

May 9, 2018

Sold

$230,000

$91/sq ft

TMLS #626601

Sep 30, 2002

Sold

$200,000

$79/sq ft

Feb 6, 2002

Listed

$210,000

$83/sq ft

TMLS #530262

Oct 29, 1999

Sold

$135,000

$54/sq ft

Sep 27, 1999

Listed

$139,900

$55/sq ft

Public Records

Jun 17, 1985

Sold

$65,000

$26/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,750 (+0.4%)

$200,000 + $342,416

$542,416

2024

$4,731 (+15.2%)

$200,000 + $342,416

$542,416

2023

$4,105 (+7.6%)

$200,000 + $342,416

$542,416

2022

$3,815 (+4.0%)

$105,000 + $269,782

$374,782

2021

$3,667 (+1.9%)

$105,000 + $269,782

$374,782

2020

$3,600 (+30.1%)

$105,000 + $269,782

$374,782

2019

$2,768 (+6.0%)

$105,000 + $269,782

$374,782

2018

$2,611 (+5.0%)

$90,000 + $147,129

$237,129

2017

$2,487 (+2.1%)

$90,000 + $147,129

$237,129

2016

$2,435 (−2.1%)

$90,000 + $147,129

$237,129

2015

$2,487 (+5.4%)

$90,000 + $147,129

$237,129

2014

$2,359 (+7.0%)

$90,000 + $148,290

$238,290

2013

$2,204

$90,000 + $148,290

$238,290

2012

$2,204 (+1.0%)

$90,000 + $148,290

$238,290

2011

$2,182

$90,000 + $148,290

$238,290

Tax history for 5125 Melbourne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,750 (+0.4%)

$200,000 + $342,416

$542,416

2024

$4,731 (+15.2%)

$200,000 + $342,416

$542,416

2023

$4,105 (+7.6%)

$200,000 + $342,416

$542,416

2022

$3,815 (+4.0%)

$105,000 + $269,782

$374,782

2021

$3,667 (+1.9%)

$105,000 + $269,782

$374,782

2020

$3,600 (+30.1%)

$105,000 + $269,782

$374,782

2019

$2,768 (+6.0%)

$105,000 + $269,782

$374,782

2018

$2,611 (+5.0%)

$90,000 + $147,129

$237,129

2017

$2,487 (+2.1%)

$90,000 + $147,129

$237,129

2016

$2,435 (−2.1%)

$90,000 + $147,129

$237,129

2015

$2,487 (+5.4%)

$90,000 + $147,129

$237,129

2014

$2,359 (+7.0%)

$90,000 + $148,290

$238,290

2013

$2,204

$90,000 + $148,290

$238,290

2012

$2,204 (+1.0%)

$90,000 + $148,290

$238,290

2011

$2,182

$90,000 + $148,290

$238,290

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

R-4

SRPOD

Residential-4 District

Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.

Zone overlays

Special Residential Parking Overlay District

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space

May 27, 2026 • Final

Temporary street, lane, and sidewalk closures and dumpster or pod placement

Gas

Grading

Aug 15, 2022 • Final

Residential electrical service upgrade

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Basement Information
Basement Type: Crawl-Space

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Conventional
Exterior Wall: Brick
Roof Shape Type: Gable
Building Type: Single Family

Property Information
Subdivision Name: CARDINAL HILLS SUB BL5
Living Sq. Ft: 2,523
Building Sq. Ft: 2,523
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LO6 CARDINAL HILLS SUB BL5 BM1957-00047

Lot Information
# of Buildings: 1
Land Sq. Ft: 16,988
Legal Lot Number: 6
Legal Block Number: 5
Municipality Name: RALEIGH
Acres: 0.39
Zoning Code: R-4
County Use Description: RESIDENTIAL-1 FAMILY

Utility Information
Utility Type: All

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 2,523
Stories: 1.0
Lot Size: 0.39 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 2003
County: Wake County
APN: 0783.07 57 3924 000

Home facts updated by county records on Aug 10, 2026

Around this home

Schools

Adams Elementary

Public PreK-5 • Assigned • 2.8mi

8/10

Lufkin Road Middle

Public 6-8 • Assigned • 7.7mi

9/10

Athens Drive High

Public 9-12 • Assigned • 0.6mi

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

6/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

6/10 Wind Factor

61% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27606

Average low and high temperatures (°F)

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

$569,000 – $689,000

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OPEN SUN, 2PM TO 4PM

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New listings for sale in 27606

$595,000

5 beds3.5 baths3,240 sq ft

300 Fenella Dr, Raleigh, NC 27606

COMING SOON

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3 beds3 baths2,900 sq ft

3200 Oaklyn Springs Dr, Raleigh, NC 27606

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2 beds2 baths917 sq ft

3502 Ivy Commons Dr #202, Raleigh, NC 27606

$519,900

4 beds3 baths2,494 sq ft

5320 Olde South Rd, Raleigh, NC 27606

$380,000

3 beds2.5 baths1,551 sq ft

5140 Simmons Branch Trl, Raleigh, NC 27606

$499,000

5 beds3 baths2,422 sq ft

820 Nuttree Pl, Raleigh, NC 27606

COMING SOON

$710,000

3 beds2.5 baths2,308 sq ft

2900 Whitehart Ln, Raleigh, NC 27606

$425,000

2 beds1.5 baths1,444 sq ft

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3 beds2 baths1,754 sq ft

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Home values near 5125 Melbourne Rd

Data from public records.

Address	Redfin Estimate
5115 Melbourne Road, Raleigh, NC - Beds \| 3.5 Baths \| 2489 Sq. Ft.	$697,814
5132 Melbourne Road, Raleigh, NC - Beds \| 1 Baths \| 1420 Sq. Ft.	$335,240

Address	Redfin Estimate
5121 Melbourne Road, Raleigh, NC - Beds \| 1.5 Baths \| 1893 Sq. Ft.	$421,934
5120 Melbourne Road, Raleigh, NC - Beds \| 2 Baths \| 1586 Sq. Ft.	$406,731

Address	Redfin Estimate
5117 Melbourne Road, Raleigh, NC - Beds \| 2 Baths \| 1255 Sq. Ft.	$365,887
5129 Melbourne Road, Raleigh, NC 3 Beds \| 1 Baths \| 1288 Sq. Ft.	$419,198

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 5125 Melbourne Rd

Tax history for 5125 Melbourne Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27606

Home values near 5125 Melbourne Rd

More real estate resources