OFF MARKET

Off market feb 2022 for $403K

$483,203

Est. refi paymentEst. refi $3,168/mo

•

2,194

sq ft

5200 Olive Rd, Raleigh, NC 27606

About this home

Great opportunity in super convenient locale w/ hard to find NO HOA or city taxes on almost 1/2 acre! Thoughtfully updated w/ space to spread out & endless possibilities to create your own dream property. Master w/ large sitting room/office, renovated kitchen, updated baths & fixtures, hardwoods, new water heater, 2018 new windows, new 2019 water filtration system, 2020 playset, det. wired workshop + utility shed! Gutter guards & fenced yard! Basement w/ 2 BR, living area & bonus area. Craft Rm + storage!

Single-familyProperty Type

1970Year Built

0.47 acresLot Size

$220Est. Price/Sq.Ft.

Listed by Teri Wray • Coldwell Banker HPW

Bought with Nevin Whitehead • DASH Carolina

Redfin checked: 2 minutes ago

•Source:TMLS #2421457

Redfin Estimate

$483,203

$80K since sold in February 2022$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.9% lower than the average sale price ($549K) of 6 comparable homes.

SOLD JUN 29, 2026
$310,000
A
4 beds2.5 baths1,870 sq ft
5413 Olive Rd, Raleigh, NC 27606
SOLD SEP 22, 2026
$599,900
B
4 beds2.5 baths2,004 sq ft
1308 Stonemoor Ct, Raleigh, NC 27606
SOLD AUG 7, 2026
$675,000
C
4 beds2.5 baths2,423 sq ft
1022 Clare Ct, Cary, NC 27511
SOLD AUG 14, 2026
$480,000
D
4 beds2.5 baths2,276 sq ft
1201 Sturdivant Dr, Cary, NC 27511
SOLD SEP 8, 2026
$390,000
E
4 beds2.5 baths2,062 sq ft
1313 Bloomingdale Dr, Cary, NC 27511
SOLD JUL 9, 2026
$837,500
F
4 beds2.5 baths2,570 sq ft
4001 Brothwell Ct, Raleigh, NC 27606

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Earn from this home

Sell

$159,382

Est. take-home

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Refinance

Est. cash available

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Rent

$2,627/mo

Redfin rental estimate

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Market trends in 27606, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

0.4% MoM

Median sale price

$472K

$7K MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

124

13 MoM

New listings for sale

$699,000
3 beds2.5 baths2,014 sq ft
7405 Holly Springs Rd, Raleigh, NC 27606
$590,000
5 beds3.5 baths2,580 sq ft
861 Athens Dr #101, Raleigh, NC 27606
3D WALKTHROUGH
$850,000
3 beds2.5 baths2,761 sq ft
4925 Birchleaf Dr, Raleigh, NC 27606
OPEN SAT, 12:30PM TO 1:30PM
$299,000
2 beds2.5 baths1,698 sq ft
2506 Bryarton Village Way, Raleigh, NC 27606
$575,000
4 beds2 baths2,049 sq ft
6909 Holly Springs Rd, Raleigh, NC 27606
$399,990
2 beds2 baths1,069 sq ft
7000 Holly Springs Rd, Raleigh, NC 27606
$344,500
3 beds2.5 baths1,552 sq ft
5121 Powell Townes Way, Raleigh, NC 27606
$190,000
2 beds1.5 baths1,056 sq ft
4703 Blue Bird Ct Unit F, Raleigh, NC 27606
3D WALKTHROUGH
$299,900
4 beds3.5 baths2,040 sq ft
1912 Fox Sterling Dr, Raleigh, NC 27606
$249,900
3 beds2 baths1,136 sq ft
4202 Kaplan Dr, Raleigh, NC 27606
See all

Provided by Redfin

Sale history for 5200 Olive Rd

Date

Event

Price

TMLS #10031919

Sep 6, 2024

Rental Removed

$950

$0/sq ft

Aug 6, 2024

Listed for Rent

$950

$0/sq ft

Jul 21, 2024

Rental Removed

$950

$0/sq ft

May 28, 2024

Listed for Rent

$950

$0/sq ft

TMLS #10001326

Jan 26, 2024

Rental Removed

$850

$0/sq ft

Dec 8, 2023

Listed for Rent

$850

$0/sq ft

TMLS #497683

Nov 29, 2023

Price Changed

$44,900

$20/sq ft

Feb 26, 1999

Sold

$145,000

$66/sq ft

Jan 28, 1999

Price Changed

$149,900

$68/sq ft

Nov 21, 1998

Listed

$149,900

$68/sq ft

TMLS #2421457

Feb 1, 2022

Sold

$403,500

$184/sq ft

Dec 27, 2021

Contingent

—

Dec 22, 2021

Price Changed

$415,000

$189/sq ft

Dec 10, 2021

Listed

$420,000

$191/sq ft

Dec 1, 2021

Coming Soon

$420,000

$191/sq ft

TMLS #1954366

Dec 11, 2014

Sold

$185,000

$84/sq ft

Oct 29, 2014

Contingent

—

Oct 16, 2014

Price Changed

$195,000

$89/sq ft

Sep 24, 2014

Price Changed

$200,000

$91/sq ft

Sep 12, 2014

Relisted

—

Jun 12, 2014

Listing Removed

—

Jun 11, 2014

Listed

$205,000

$93/sq ft

Jun 11, 2014

Listed

$195,000

$89/sq ft

+19

Public Records

Mar 1, 1999

Sold

$145,000

$66/sq ft

Public Records

Jul 10, 1995

Sold

$35,500

$16/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,510 (+3.0%)

$160,000 + $229,328

$389,328

2024

$2,438 (+39.6%)

$160,000 + $229,328

$389,328

2023

$1,746 (+7.9%)

$160,000 + $229,328

$389,328

2022

$1,619 (+2.7%)

$75,000 + $146,354

$221,354

2021

$1,575 (+1.7%)

$75,000 + $146,354

$221,354

2020

$1,550 (−3.1%)

$75,000 + $146,354

$221,354

2019

$1,599 (+8.7%)

$75,000 + $146,354

$221,354

2018

$1,471 (+5.5%)

$70,000 + $123,364

$193,364

2017

$1,395 (+2.1%)

$70,000 + $123,364

$193,364

2016

$1,366 (−3.1%)

$70,000 + $123,364

$193,364

2015

$1,410 (+5.5%)

$70,000 + $123,364

$193,364

2014

$1,337 (+7.0%)

$68,000 + $132,237

$200,237

2013

$1,249

$68,000 + $132,237

$200,237

2012

$1,249

$68,000 + $132,237

$200,237

2011

$1,249

$68,000 + $132,237

$200,237

Tax history for 5200 Olive Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,510 (+3.0%)

$160,000 + $229,328

$389,328

2024

$2,438 (+39.6%)

$160,000 + $229,328

$389,328

2023

$1,746 (+7.9%)

$160,000 + $229,328

$389,328

2022

$1,619 (+2.7%)

$75,000 + $146,354

$221,354

2021

$1,575 (+1.7%)

$75,000 + $146,354

$221,354

2020

$1,550 (−3.1%)

$75,000 + $146,354

$221,354

2019

$1,599 (+8.7%)

$75,000 + $146,354

$221,354

2018

$1,471 (+5.5%)

$70,000 + $123,364

$193,364

2017

$1,395 (+2.1%)

$70,000 + $123,364

$193,364

2016

$1,366 (−3.1%)

$70,000 + $123,364

$193,364

2015

$1,410 (+5.5%)

$70,000 + $123,364

$193,364

2014

$1,337 (+7.0%)

$68,000 + $132,237

$200,237

2013

$1,249

$68,000 + $132,237

$200,237

2012

$1,249

$68,000 + $132,237

$200,237

2011

$1,249

$68,000 + $132,237

$200,237

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

Public record

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.47 Acres

Year renovated

2000

Sq. Ft.

2,225

Year built

1970

Style

Single Family Residential

County

Wake County

APN

0783.18 20 6264 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Property details

Parking

Parking Information
Parking Features: Concrete, Driveway, Parking Pad

Interior

Bathroom Information
Bathrooms Full: 2

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Electric Water Heater
Interior Features: Entrance Foyer
Fireplace: Yes
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile

Exterior

Building Information
Construction Materials: Brick, Masonite
Building Area Total: 2194.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Patio, Porch
Foundation Details: Slab
Exterior Features: Fenced Yard

Property information
Above Grade Finished Area: 2194.0
Below Grade Finished Area: 0.0
Levels: Multi/Split
Ownership Type: Other

Lot Information
Lot Size Acres: 0.47
Lot Size Area: 0.47
Lot Size Dimensions: See Plat
Lot Size Square Feet: 20473.2
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 1576.0

Financial Information
Buyer Financing: Conventional

Utilities

Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump
Cooling: Yes
Cooling Information: Heat Pump

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0

School Information
Elementary School: Wake County Schools
Middle Or Junior School: Wake County Schools
High School: Wake County Schools

Location Information
County Or Parish: Wake
Directions: From I-440, Exit Jones Franklin Rd. Head South on Jones Franklin. Left on Dillard Drive, Left on Smith, Left on Olive. From I-40, Exit 295 to Gorman Street. Left on Gorman, Right on Tryon Road, Right on Olive Road.
Latitude: 35.756103
Longitude: -78.721315
Postal Code: 27606

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 2,225
Stories: 1.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1970
Year Renovated: 2000
County: Wake County
APN: 0783.18 20 6264 000

Home facts updated by county records on Aug 10, 2026

Other

Listing Date Information
Contract Status Change Date: 2022-02-01
Documents Change Timestamp: 2024-06-17T06:56:12.000Z
Price Change Timestamp: 2022-02-01T08:07:08.000Z

Listing Price Information
Previous List Price: 420000.0

Around this home

Schools

Dillard Drive Elementary

Public PreK-5 • Assigned • 0.3mi

5/10

Dillard Drive Middle

Public 6-8 • Assigned • 0.3mi

7/10

Athens Drive High

Public 9-12 • Assigned • 1.0mi

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 105° expected this year, 17 days in 30 years

6/10 Wind Factor

56% 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

$460,000 – $556,000

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Home values near 5200 Olive Rd

Data from public records.

Address	Redfin Estimate
5207 Olive Rd, Raleigh, NC - Beds \| 1.5 Baths \| 1320 Sq. Ft.	$329,227
5300 Olive Rd, Raleigh, NC - Beds \| 1.5 Baths \| 1941 Sq. Ft.	$433,808

Address	Redfin Estimate
5204 Olive Rd, Raleigh, NC 3 Beds \| 3 Baths \| 2036 Sq. Ft.	$493,955
5231 Olive Rd, Raleigh, NC 3 Beds \| 2.5 Baths \| 2096 Sq. Ft.	$457,248

Address	Redfin Estimate
5202 Olive Rd, Raleigh, NC 4 Beds \| 2.5 Baths \| 2230 Sq. Ft.	$498,964
5206 Olive Rd, Raleigh, NC 4 Beds \| 3 Baths \| 2428 Sq. Ft.	$529,302

Property information provided by TMLS when last listed in 2024. This data may not match . Learn more.

Listing provided courtesy of: Allen Tate / Durham

Listing agent: Kelly Lutchman

© 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo (

) and detailed information about them includes the name of the listing firms.

Last Updated: 2024-09-07T02:31:32.184Z

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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 5200 Olive Rd

Tax history for 5200 Olive Rd

Public record

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 5200 Olive Rd

More real estate resources