Location, location! This SplitLevel Home on almost 1/2 acre lot in a country setting BUT is conveniently located to the downtown areas of both Raleigh and Cary without the city taxes. Moments away from Crossroads Shopping, NCSU, I440,I40. This house is in a quiet, established neighborhood. Large fenced in backyard. Under contract but sellers will continue to show and take backup offers
Single-familyProperty Type
1959Year Built
0.48 acresLot Size
$223Est. Price/Sq.Ft.
1 car garageParking
Listed by Deborrah Gruder• My Dog Tess, Inc.
Bought with Al Finley - Promised Land Realty Finley• Promised Land Realty
Location, location! This SplitLevel Home on almost 1/2 acre lot in a country setting BUT is conveniently located to the downtown areas of both Raleigh and Cary without the city taxes. Moments away from Crossroads Shopping, NCSU, I440,I40. This house is in a quiet, established neighborhood. Large fenced in backyard. Under contract but sellers will continue to show and take backup offers
Year
Property tax
Land + Additions
Assessment*
2025
$2,154 (+3.0%)
$160,000 + $173,634
$333,634
2024
$2,092 (+25.8%)
$160,000 + $173,634
$333,634
2023
$1,663 (+7.9%)
$160,000 + $173,634
$333,634
2022
$1,542 (+2.7%)
$75,000 + $135,694
$210,694
2021
$1,501 (+1.7%)
$75,000 + $135,694
$210,694
2020
$1,476 (+0.8%)
$75,000 + $135,694
$210,694
2019
$1,464 (+8.7%)
$75,000 + $135,694
$210,694
2018
$1,347 (+5.5%)
$70,000 + $106,857
$176,857
2017
$1,277 (+3.7%)
$70,000 + $106,857
$176,857
2016
$1,232 (+6.9%)
$70,000 + $104,127
$174,127
2015
$1,152 (+5.5%)
$70,000 + $104,127
$174,127
2014
$1,092 (+6.9%)
$68,000 + $95,058
$163,058
2013
$1,021
$68,000 + $95,058
$163,058
2012
$1,021
$68,000 + $95,058
$163,058
2011
$1,021
$68,000 + $95,058
$163,058
Tax history for 5208 Olive Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,154 (+3.0%)
$160,000 + $173,634
$333,634
2024
$2,092 (+25.8%)
$160,000 + $173,634
$333,634
2023
$1,663 (+7.9%)
$160,000 + $173,634
$333,634
2022
$1,542 (+2.7%)
$75,000 + $135,694
$210,694
2021
$1,501 (+1.7%)
$75,000 + $135,694
$210,694
2020
$1,476 (+0.8%)
$75,000 + $135,694
$210,694
2019
$1,464 (+8.7%)
$75,000 + $135,694
$210,694
2018
$1,347 (+5.5%)
$70,000 + $106,857
$176,857
2017
$1,277 (+3.7%)
$70,000 + $106,857
$176,857
2016
$1,232 (+6.9%)
$70,000 + $104,127
$174,127
2015
$1,152 (+5.5%)
$70,000 + $104,127
$174,127
2014
$1,092 (+6.9%)
$68,000 + $95,058
$163,058
2013
$1,021
$68,000 + $95,058
$163,058
2012
$1,021
$68,000 + $95,058
$163,058
2011
$1,021
$68,000 + $95,058
$163,058
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Install a hardwired Rivian electric vehicle charger on the exterior of a single-family home.
Electrical
Ev charger
Nov 9, 2023 • Final
Residential change out hvac
Replace a heat pump split system. The heat pump is located on the left and the air handler is in the crawl space.
Heat pump
HVAC
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.
Directions: From I40E/I440E/US-64E via exit 1A toward US-70/Rocky Mount,take Gorman St exit#295, turn R onto Gorman St, R onto Tryon Rd.,R onto Olive Road / house is on the L.
Latitude: 35.754948
Longitude: -78.72142
Postal Code: 27606
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 1,568
Stories: 1.0
Lot Size: 0.48 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1970
County: Wake County
APN: 0782.06 29 6850 000
Home facts updated by county records on Aug 10, 2026
Other
hidden custom fields
Electric Dryer Hookup, In Basement, Main Level
Listing Date Information
Contract Status Change Date: 2010-01-28
Around this home
Schools
Dillard Drive Elementary
Public PreK-5 • Assigned • 0.2mi
5/10
Dillard Drive Middle
Public 6-8 • Assigned • 0.2mi
7/10
Athens Drive High
Public 9-12 • Assigned • 1.1mi
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, 16 days in 30 years
6/10 Wind Factor
52% 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)
49
31
55
37
70
47
77
56
79
61
90
70
92
74
83
69
81
65
72
54
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
$410,000 – $497,000
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