OFF MARKET

Off market sep 2011 for $45K

$424,951

Land

•

0.44

acre (lot)

5338 Olive Rd, Raleigh, NC 27606

About this home

Vacant landProperty Type

0.44 acresLot Size

$965,797Price/Acres

Listed by Debbie Parker • Long & Foster Real Estate INC/Wake Forest

Bought with Betsy Hewett • Zip Realty Inc.

Redfin checked: a minute ago

•Source:TMLS #1799378

Redfin Estimate

$424,951

$380K since sold in September 2011$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.6% lower than the average sale price ($529K) 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 AUG 6, 2026
$591,900
B
3 beds2.5 baths2,049 sq ft
4409 Seaforth Ct, Raleigh, NC 27606
SOLD FEB 6, 2026
$625,000
C
3 beds2.5 baths2,496 sq ft
3708 Swift Dr, Raleigh, NC 27606
SOLD SEP 22, 2026
$599,900
D
4 beds2.5 baths2,004 sq ft
1308 Stonemoor Ct, Raleigh, NC 27606
SOLD JUL 23, 2026
$440,000
E
3 beds2 baths1,501 sq ft
1200 Fairlane Rd, Cary, NC 27511
SOLD MAY 26, 2026
$605,000
F
3 beds2 baths1,619 sq ft
801 Merrie Rd, Raleigh, NC 27606

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$375,474

Est. take-home

List your home with Redfin and save $4,250

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

$471K

$6K MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

128

9 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 5338 Olive Rd

Date

Event

Price

TMLS #2504332

May 11, 2023

Price Changed

$280,000

Apr 11, 2023

Listed

$300,000

TMLS #1799378

Sep 7, 2011

Sold

$45,000

Aug 27, 2011

Listing Removed

—

Aug 23, 2011

Listed

$42,500

Year

Property tax

Land + Additions

Assessment*

2025

$2,676 (+2.9%)

$160,000 + $252,152

$412,152

2024

$2,599 (+12.3%)

$160,000 + $252,152

$412,152

2023

$2,315 (+7.8%)

$160,000 + $252,152

$412,152

2022

$2,147 (+2.7%)

$75,000 + $216,730

$291,730

2021

$2,090 (+1.7%)

$75,000 + $216,730

$291,730

2020

$2,056 (+14.2%)

$75,000 + $216,730

$291,730

2019

$1,800 (+8.6%)

$75,000 + $216,730

$291,730

2018

$1,657 (+5.4%)

$70,000 + $145,441

$215,441

2017

$1,572 (+2.1%)

$70,000 + $145,441

$215,441

2016

$1,540 (+0.4%)

$70,000 + $145,441

$215,441

2015

$1,534 (+5.4%)

$70,000 + $145,441

$215,441

2014

$1,456 (+6.9%)

$68,000 + $147,256

$215,256

2013

$1,362

$68,000 + $147,256

$215,256

2012

$1,362

$68,000 + $147,256

$215,256

2011

$1,362

$68,000 + $147,256

$215,256

Tax history for 5338 Olive Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,676 (+2.9%)

$160,000 + $252,152

$412,152

2024

$2,599 (+12.3%)

$160,000 + $252,152

$412,152

2023

$2,315 (+7.8%)

$160,000 + $252,152

$412,152

2022

$2,147 (+2.7%)

$75,000 + $216,730

$291,730

2021

$2,090 (+1.7%)

$75,000 + $216,730

$291,730

2020

$2,056 (+14.2%)

$75,000 + $216,730

$291,730

2019

$1,800 (+8.6%)

$75,000 + $216,730

$291,730

2018

$1,657 (+5.4%)

$70,000 + $145,441

$215,441

2017

$1,572 (+2.1%)

$70,000 + $145,441

$215,441

2016

$1,540 (+0.4%)

$70,000 + $145,441

$215,441

2015

$1,534 (+5.4%)

$70,000 + $145,441

$215,441

2014

$1,456 (+6.9%)

$68,000 + $147,256

$215,256

2013

$1,362

$68,000 + $147,256

$215,256

2012

$1,362

$68,000 + $147,256

$215,256

2011

$1,362

$68,000 + $147,256

$215,256

*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

0.44 Acres

Year renovated

1963

Sq. Ft.

1,540

Year built

1963

Style

Single Family Residential

County

Wake County

APN

0782.06 38 0142 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

Property details

Exterior

Property information
Other Structures: Other

Land Information
Current Use: Vacant

Lot Information
Lot Size Acres: 0.44
Lot Size Area: 0.44
Lot Size Dimensions: 127.49x135x150x140
Lot Size Square Feet: 19166.4
Lot Size Units: Acres
Zoning: R-4

Financial

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Sewer: Other
Utilities: Electricity Available
Water Source: Well

Location

School Information
Elementary School: Wake - Dillard
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: Tryon Rd to Olive Rd
Latitude: 35.75032
Longitude: -78.720131
Postal Code: 27606
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 1,540
Stories: 1.0
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1963
County: Wake County
APN: 0782.06 38 0142 000

Home facts updated by county records on Aug 10, 2026

Other

Listing Date Information
Contract Status Change Date: 2011-09-07
Photos Change Timestamp: 2023-09-15T00:27:22.000Z

Around this home

Schools

Dillard Drive Elementary

Public PreK-5 • Assigned • 0.2mi

5/10

Dillard Drive Middle

Public 6-8 • Assigned • 0.3mi

7/10

Athens Drive High

Public 9-12 • Assigned • 1.3mi

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

58% 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

$404,000 – $489,000

Reach more buyers when you sell with Redfin. Save up to $4,250 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW 17 HRS AGO

$497,500

4 beds3 baths2,065 sq ft

1302 Kingston Ridge Rd, Cary, NC 27511

$1,164,999

5 beds3.5 baths4,073 sq ft

107 Meadowglades Ln, Cary, NC 27518

$899,000

2 beds2 baths1,488 sq ft

5317 Pine Dr, Raleigh, NC 27606

$899,000

6 beds5 baths3,666 sq ft

8404 Secreto Dr, Raleigh, NC 27606

$465,000

3 beds2.5 baths1,726 sq ft

221 Heidinger Dr, Cary, NC 27511

$695,000

4 beds2.5 baths2,617 sq ft

1407 Onslow Rd, Raleigh, NC 27606

New listings for sale in 27606

$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 1:30PM3D WALKTHROUGH

$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

Home values near 5338 Olive Rd

Data from public records.

Address	Redfin Estimate
5332 Olive Rd, Raleigh, NC 4 Beds \| 2 Baths \| 1692 Sq. Ft.	$428,211
5323 Olive Rd, Raleigh, NC - Beds \| 2.5 Baths \| 1779 Sq. Ft.	$392,437

Address	Redfin Estimate
5333 Olive Rd, Raleigh, NC 3 Beds \| 2 Baths \| 1299 Sq. Ft.	$410,361
5324 Olive Rd, Raleigh, NC - Beds \| 1.5 Baths \| 1312 Sq. Ft.	$328,242

Address	Redfin Estimate
5337 Olive Rd, Raleigh, NC 3 Beds \| 2 Baths \| 1280 Sq. Ft.	$318,142
5329 Olive Rd, Raleigh, NC - Beds \| 1.5 Baths \| 1596 Sq. Ft.	$350,461

Property information provided by TMLS when last listed in 2011. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

27612 homes for sale
27613 homes for sale
27614 homes for sale
27615 homes for sale
27616 homes for sale

Houses for rent in Raleigh	Agents near me	Asheville, NC homes for sale	Raleigh Housing Market
Houses for sale near me	Charlotte, NC homes for sale	Apex, NC homes for sale
Land for sale near me	Raleigh, NC homes for sale	Greensboro, NC homes for sale
Open Houses near me	Cary, NC homes for sale	Raleigh Property Records
Condos for sale near me	Durham, NC homes for sale	NC New Listings

Cary homes for sale
Chapel Hill homes for sale
Durham homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 5338 Olive Rd

Tax history for 5338 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 5338 Olive Rd

More real estate resources