Welcome to a charming ranch-style home on nearly half an acre in a well-established Raleigh neighborhood -- perfect for investors, DIY enthusiasts, or those looking to add their personal touch. This solidly built residence offers spacious living across the main level, including a formal living room, a cozy den, and a wood-burning fireplace that brings warmth and character to the heart of the home -- ideal for family gatherings or relaxation. With 4 bedrooms and 2.5 baths and just under 1,900 square feet of living space, the layout is generous and functional, lending itself beautifully to multigenerational living, future expansion, or flexible use of rooms. The large kitchen and open rooms provide an excellent base for updating to your taste, while the expansive lot gives you room to enjoy outdoor living, add a workshop, or even consider future landscaping possibilities. Whether you're a hands-on homeowner looking to make it your own, a fix & flip investor, or someone seeking a long-term hold with strong neighborhood appeal, this property presents excellent potential and is ready for its next chapter. Don't miss this rare opportunity to transform a classic ranch into something truly special!
Single-familyProperty Type
1960Year Built
0.47 acresLot Size
$166Price/Sq.Ft.
Listed by Lisa Rivera• THE AVALON REALTY GROUP LLC
Est. $2,096 per month, based on comparable rentals
Sale and tax history for 5413 Olive Rd
Sale History
Tax History
Date
Event
Price
TMLS #10144342
Jun 29, 2026
Sold
$310,000
$166/sq ft
May 29, 2026
Pending
—
Apr 23, 2026
Price Changed
$319,000
$171/sq ft
Mar 26, 2026
Price Changed
$329,000
$176/sq ft
Mar 10, 2026
Price Changed
$355,000
$190/sq ft
Mar 1, 2026
Price Changed
$369,900
$198/sq ft
Feb 22, 2026
Price Changed
$380,000
$203/sq ft
Feb 3, 2026
Listed
$390,000
$209/sq ft
TMLS #628790
Dec 11, 2023
Price Changed
$154,900
$83/sq ft
Jul 22, 2002
Sold
$149,000
$80/sq ft
Jul 22, 2002
Price Changed
$212,900
$114/sq ft
Feb 22, 2002
Listed
$154,900
$83/sq ft
WOW! What a rare find. An all brick front beautiful ranch home conveniently located near 1-40 and Cary Crossroads. Home has lots of space. All kinds of possibilities. 4th bedroom could be office/study. Well maintained. Many up-grades. New paint. Tile flooring. Hot water heater. Great workshop building in backyard. (Don't let dogs out of fenced yard).
Public Records
Mar 31, 1997
Sold
$138,500
$74/sq ft
Public Records
Dec 28, 1994
Sold
$92,000
$49/sq ft
Public Records
Jun 13, 1989
Sold
$87,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,296 (+3.0%)
$160,000 + $195,866
$355,866
2024
$2,230 (+5.6%)
$160,000 + $195,866
$355,866
2023
$2,111 (+7.9%)
$160,000 + $195,866
$355,866
2022
$1,957 (+2.7%)
$75,000 + $193,188
$268,188
2021
$1,905 (+1.7%)
$75,000 + $193,188
$268,188
2020
$1,873 (+6.0%)
$75,000 + $193,188
$268,188
2019
$1,766 (+8.7%)
$75,000 + $193,188
$268,188
2018
$1,625 (+5.5%)
$70,000 + $143,832
$213,832
2017
$1,540 (+2.1%)
$70,000 + $143,832
$213,832
2016
$1,509 (+4.9%)
$70,000 + $143,832
$213,832
2015
$1,438 (+5.5%)
$70,000 + $143,832
$213,832
2014
$1,363 (+7.0%)
$68,000 + $136,225
$204,225
2013
$1,274
$68,000 + $136,225
$204,225
2012
$1,274
$68,000 + $136,225
$204,225
2011
$1,274
$68,000 + $136,225
$204,225
Public record
Beds
—
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.47 Acres
Year renovated
1970
Sq. Ft.
1,870
Year built
1960
Style
Single Family Residential
County
Wake County
APN
0782.06 37 3759 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
Property details
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 4
Main Level Bedrooms: 4
Interior Features
Flooring: Carpet, Laminate
Exterior
Building Information
Construction Materials: Brick Veneer
Building Area Total: 1870.0
Structure Type: Site Built
Exterior Features
Roof: Shingle
Property information
Living Area: 1,870
Above Grade Finished Area: 1870.0
Below Grade Finished Area: 0.0
Levels: One
Land Information
Horse: No
Lot Information
Lot Size Acres: 0.47
Lot Size Area: 0.47
Lot Size Square Feet: 20473.2
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 2296.0
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Fireplace(s), Forced Air
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
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: SE Cary Parway to Trton Rd. TL. Follow until Olive Rd. TL. Home is down on the right.
Latitude: 35.749377
Longitude: -78.719081
Postal Code: 27606
Road Responsibility: Public Maintained Road
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 1,870
Stories: 1.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1970
County: Wake County
APN: 0782.06 37 3759 000
Home facts updated by county records on Aug 20, 2026
Other
Listing Date Information
Contract Status Change Date: 2026-07-07
Documents Change Timestamp: 2026-02-03T18:48:17Z
Photos Change Timestamp: 2026-02-04T00:02:14Z
Price Change Timestamp: 2026-04-23T16:08:13Z
Listing Price Information
Previous List Price: 329000.0
Around this home
Schools
Dillard Drive Elementary
Public PreK-5 • Assigned • 0.3mi
5/10
Dillard Drive Middle
Public 6-8 • Assigned • 0.4mi
7/10
Athens Drive High
Public 9-12 • Assigned • 1.4mi
8/10
Provided by GreatSchools
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
60% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 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
64
72
54
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 28% for direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$438,000 – $530,000
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