Must see amazing 3 bedroom townhome with separate office and party man cave basement. Located in the heart of Midtown Raleigh , this home has all the upgrades you can ask for . These townhomes live like single family homes with the only connection to your neighbor is the garage walls. Brand new roof April 2021!
TownhomeProperty Type
1999Year Built
3,484 sq ftLot Size
$220Est. Price/Sq.Ft.
2 car garageParking
Listed by Erin Van Horn• NorthGroup Real Estate, Inc.
Bought with Mark Hove• Nest Realty of the Triangle
AWESOME OPPORTUNITY TO OWN 1 OF 4 UNITS WITH A FULL BASEMENT. INCREDIBLE POSSIBILITIES FOR BONUS RM, OFFICE AND ADDITONAL BEDROOM AND BATH. ONE OF THE MOST CONVIENENT LOCATIONS IN RALEIGH, NEXT TO RBC CENTER, HWY 40 AND DOWNTOWN. HOMES ARE ONLY ATTACHED AT GARAGES, NO INTERIOR WALLS TOUCH THE OTHER HOMES. PRIVATE BACKYARD
Year
Property tax
Land + Additions
Assessment*
2025
$3,617 (+0.4%)
$80,000 + $332,411
$412,411
2024
$3,602 (+25.3%)
$80,000 + $332,411
$412,411
2023
$2,875 (+7.6%)
$80,000 + $332,411
$412,411
2022
$2,672 (+11.1%)
$47,000 + $214,964
$261,964
2021
$2,406 (+6.7%)
$47,000 + $198,244
$245,244
2020
$2,255 (−1.9%)
$47,000 + $187,001
$234,001
2019
$2,300 (+6.0%)
$47,000 + $187,001
$234,001
2018
$2,169 (+5.0%)
$44,000 + $152,723
$196,723
2017
$2,067 (+2.1%)
$44,000 + $152,723
$196,723
2016
$2,024 (+1.6%)
$44,000 + $152,723
$196,723
2015
$1,992 (+5.5%)
$44,000 + $152,723
$196,723
2014
$1,889 (+7.0%)
$38,000 + $152,460
$190,460
2013
$1,766
$38,000 + $152,460
$190,460
2012
$1,766 (+1.0%)
$38,000 + $152,460
$190,460
2011
$1,748
$38,000 + $152,460
$190,460
Tax history for 5320 Arete Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,617 (+0.4%)
$80,000 + $332,411
$412,411
2024
$3,602 (+25.3%)
$80,000 + $332,411
$412,411
2023
$2,875 (+7.6%)
$80,000 + $332,411
$412,411
2022
$2,672 (+11.1%)
$47,000 + $214,964
$261,964
2021
$2,406 (+6.7%)
$47,000 + $198,244
$245,244
2020
$2,255 (−1.9%)
$47,000 + $187,001
$234,001
2019
$2,300 (+6.0%)
$47,000 + $187,001
$234,001
2018
$2,169 (+5.0%)
$44,000 + $152,723
$196,723
2017
$2,067 (+2.1%)
$44,000 + $152,723
$196,723
2016
$2,024 (+1.6%)
$44,000 + $152,723
$196,723
2015
$1,992 (+5.5%)
$44,000 + $152,723
$196,723
2014
$1,889 (+7.0%)
$38,000 + $152,460
$190,460
2013
$1,766
$38,000 + $152,460
$190,460
2012
$1,766 (+1.0%)
$38,000 + $152,460
$190,460
2011
$1,748
$38,000 + $152,460
$190,460
*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
Permits
Beds
—
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
2009
Sq. Ft.
2,092
Year built
1999
Style
Townhouse
County
Wake County
APN
0784.09 05 4073 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
Nov 14, 2024 • Final
Residential plumbing alteration or repairs
Replace a shower.
Bathroom
Jun 1, 2022 • Final
Residential change out hvac
Replace a gas furnace, coil, and air conditioning unit in the attic.
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.
Property details
Parking
Parking Information
Garage Spaces: 2
Parking Features: Garage
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Tankless Water Heater
Flooring: Carpet, Combination, Wood
Exterior
Building Information
Construction Materials: Vinyl Siding
Building Area Total: 2082.0
Structure Type: Site Built
Property information
Above Grade Finished Area: 1640.0
Below Grade Finished Area: 442.0
Levels: Three Or More
Ownership Type: Townhouse
Lot Information
Lot Size Acres: 0.08
Lot Size Area: 0.08
Lot Size Dimensions: 37X97X36X103
Lot Size Square Feet: 3484.8
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 2255.0
Financial Information
Buyer Financing: Conventional
Utilities
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Zoned
Location
HOA Information
Association: Yes
Association Fee: 175.0
Association Fee Frequency: Monthly
Association Fee 2: 0.0
Association Fee Includes: 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: Follow GPS
Latitude: 35.796829
Longitude: -78.72859
Postal Code: 27607
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 2,092
Stories: 2.0
Lot Size: 3,485 square feet
Style: Townhouse
Year Built: 1999
Year Renovated: 2009
County: Wake County
APN: 0784.09 05 4073 000
Home facts updated by county records on Aug 10, 2026