Great brick front townhome in one of Raleigh's most convenient locations. Hardwood flooring in the entry, family room, and kitchen and breakfast areas. Two car garage, large master bedroom, two closets in master, walk in closet in guest bedroom. family room features a fireplace with gas logs. Close to the PNC Area, the fairgrounds, Art Museum, Carter Finely Stadium, and very close access to Wade Ave and Downtown Raleigh.
Great brick front townhome in one of Raleigh's most convenient locations. Hardwood flooring in the entry, family room, and kitchen and breakfast areas. Two car garage, large master bedroom, two closets in master, walk in closet in guest bedroom. family room features a fireplace with gas logs. Close to the PNC Area, the fairgrounds, Art Museum, Carter Finely Stadium, and very close access to Wade Ave and Downtown Raleigh.
TMLS #622316
Mar 29, 2002
Sold
$155,000
$92/sq ft
Jan 7, 2002
Listed
$159,900
$95/sq ft
Location! Location! Location! Immaculate townhome w/ two car garage shows beautifully. Spacious great rm. w/ fireplace & gas logs; separate dining rm. ; lovely kitchen w/ breakfast area & hardwood floor; elegant master bedroom suite w/ double closets and vaulted ceiling; security system; 9' ceilings. Easy access to Entertainment and Sports Arena, I-40, RDU, RTP, etc.
Year
Property tax
Land + Additions
Assessment*
2025
$3,223 (+0.4%)
$80,000 + $287,267
$367,267
2024
$3,210 (+29.3%)
$80,000 + $287,267
$367,267
2023
$2,483 (+7.6%)
$80,000 + $287,267
$367,267
2022
$2,308 (+4.0%)
$47,000 + $178,952
$225,952
2021
$2,219 (+1.8%)
$47,000 + $178,952
$225,952
2020
$2,178 (+2.2%)
$47,000 + $178,952
$225,952
2019
$2,130 (+6.0%)
$47,000 + $178,952
$225,952
2018
$2,010 (+5.0%)
$44,000 + $138,104
$182,104
2017
$1,914 (+2.1%)
$44,000 + $138,104
$182,104
2016
$1,875 (+1.9%)
$44,000 + $138,104
$182,104
2015
$1,840 (+5.4%)
$44,000 + $138,104
$182,104
2014
$1,746 (+7.0%)
$38,000 + $137,856
$175,856
2013
$1,632
$38,000 + $137,856
$175,856
2012
$1,632 (+1.0%)
$38,000 + $137,856
$175,856
2011
$1,616
$38,000 + $137,856
$175,856
Tax history for 5305 Arete Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,223 (+0.4%)
$80,000 + $287,267
$367,267
2024
$3,210 (+29.3%)
$80,000 + $287,267
$367,267
2023
$2,483 (+7.6%)
$80,000 + $287,267
$367,267
2022
$2,308 (+4.0%)
$47,000 + $178,952
$225,952
2021
$2,219 (+1.8%)
$47,000 + $178,952
$225,952
2020
$2,178 (+2.2%)
$47,000 + $178,952
$225,952
2019
$2,130 (+6.0%)
$47,000 + $178,952
$225,952
2018
$2,010 (+5.0%)
$44,000 + $138,104
$182,104
2017
$1,914 (+2.1%)
$44,000 + $138,104
$182,104
2016
$1,875 (+1.9%)
$44,000 + $138,104
$182,104
2015
$1,840 (+5.4%)
$44,000 + $138,104
$182,104
2014
$1,746 (+7.0%)
$38,000 + $137,856
$175,856
2013
$1,632
$38,000 + $137,856
$175,856
2012
$1,632 (+1.0%)
$38,000 + $137,856
$175,856
2011
$1,616
$38,000 + $137,856
$175,856
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
2004
Sq. Ft.
1,632
Year built
1999
Style
Townhouse
County
Wake County
APN
0784.13 04 6828 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
RX-3
Residential Mixed Use District-3 Stories
RX is a mixed residential district intended to provide for a variety of residential building types and housing options at density in excess of 10 du per acre.; RX can serve as a land use transition between other mixed use districts and residential neighborhoods.; RX allows limited retail and services subject to use standards that limit the size and scale to the ground floor corner unit of an apartment building.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Lodging & hospitality
Public service-Other
Recreation-Other
Park & open space
Property details
Parking
Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Washer
Laundry Features: In Hall, Laundry Closet, Upper Level
Association Fee Includes: Maintenance Grounds, Maintenance Structure
School Information
Elementary School: Wake - Kingswood
Middle Or Junior School: Wake - Reedy Creek
High School: Wake - Athens Dr
Location Information
County Or Parish: Wake
Directions: From Wade Ave, Edwards Mills Road, cross over Trinity Road, Right on Corinithian Way, Right on Garnet Ridge Way, left on Arete, home is on the left.
Latitude: 35.796413
Longitude: -78.728111
Postal Code: 27607
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 1,632
Stories: 2.0
Lot Size: 3,485 square feet
Style: Townhouse
Year Built: 1999
Year Renovated: 2004
County: Wake County
APN: 0784.13 04 6828 000
Home facts updated by county records on Aug 10, 2026
Other
hidden custom fields
In Hall, Laundry Closet, Upper Level
Listing Date Information
Contract Status Change Date: 2015-03-23
Around this home
Schools
Kingswood Elementary
Public PreK-5 • Assigned • 2.8mi
8/10
Reedy Creek Middle
Public 6-8 • Assigned • 2.5mi
8/10
Athens Drive High
Public 9-12 • Assigned • 2.2mi
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
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
6/10 Wind Factor
55% 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 • 27607
Average low and high temperatures (°F)
48
31
54
37
69
48
77
56
78
61
89
71
91
74
82
68
80
64
71
53
65
46
53
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
$365,000 – $441,000
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