What a find! Ranch home on a third of an acre with an incredible location. Walk into this 80s ranch and you're greeted by a massive, free-standing stone fireplace leading up to a cathedral ceiling. There is a bonus room to provide you with some secondary living space, a gameroom or a great office. Beautiful wood sliders in the breakfast nook lead out to an open deck and fenced backyard w/ storage shed. The interior hallway is accented with a solar tube and leads to the 3 bedrooms. The owners bedroom has a great WIC. Kitchen cabinets have been replaced. There is Pergo flooring in the living areas and hallway. The windows have been replaced (2012) with Pella windows. HVAC was done in 2012 along with the duct work. Walk 3 blocks and you are at Sertoma Arts Center and Shelley Lake which leads to countless miles of Greenway. 5 mins to Crabtree and I-440. 10 mins to North Hills. The home needs some cosmetic updating and this is reflected in the price.
Single-familyProperty Type
1981Year Built
0.33 acresLot Size
$270Est. Price/Sq.Ft.
Listed by John Hartofelis• Coldwell Banker Advantage
Charming kit w/ pergo flrs, lg ctr isle w/ barstool area, under cab lighting, blinds, eyeball lights , white cabs, wallpaper!MB w/ lg walk-in closet, easy to clean fold out wndws, bath with makeup area, wallpaper, shwr, lg storage cabinets!FR with triple window, vaulted ceiling, eyeball lights, stone FP w/ wood mantle, gas logs!Dining room with crown molding!Fenced Yard!!!
TMLS #2515471
Jul 20, 2023
Sold
$419,000
$229/sq ft
Jun 23, 2023
Contingent
—
Jun 9, 2023
Listed
$450,000
$246/sq ft
Public Records
May 31, 2002
Sold
$172,000
$94/sq ft
Public Records
May 30, 1991
Sold
$95,500
$52/sq ft
Public Records
Jan 5, 1990
Sold
$91,000
$50/sq ft
Public Records
Apr 1, 1981
Sold
$68,500
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,083 (+0.4%)
$200,000 + $265,903
$465,903
2024
$4,066 (+41.2%)
$200,000 + $265,903
$465,903
2023
$2,879 (+7.6%)
$200,000 + $265,903
$465,903
2022
$2,676 (+4.0%)
$100,000 + $162,285
$262,285
2021
$2,572 (+1.8%)
$100,000 + $162,285
$262,285
2020
$2,525 (−6.5%)
$100,000 + $162,285
$262,285
2019
$2,701 (+6.0%)
$100,000 + $162,285
$262,285
2018
$2,548 (+5.0%)
$100,000 + $131,332
$231,332
2017
$2,427 (+2.1%)
$100,000 + $131,332
$231,332
2016
$2,376 (+9.1%)
$100,000 + $131,332
$231,332
2015
$2,178 (+5.4%)
$100,000 + $131,332
$231,332
2014
$2,066 (+7.0%)
$78,000 + $130,438
$208,438
2013
$1,931
$78,000 + $130,438
$208,438
2012
$1,931 (+1.0%)
$78,000 + $130,438
$208,438
2011
$1,912
$78,000 + $130,438
$208,438
Tax history for 5505 Oldtowne Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,083 (+0.4%)
$200,000 + $265,903
$465,903
2024
$4,066 (+41.2%)
$200,000 + $265,903
$465,903
2023
$2,879 (+7.6%)
$200,000 + $265,903
$465,903
2022
$2,676 (+4.0%)
$100,000 + $162,285
$262,285
2021
$2,572 (+1.8%)
$100,000 + $162,285
$262,285
2020
$2,525 (−6.5%)
$100,000 + $162,285
$262,285
2019
$2,701 (+6.0%)
$100,000 + $162,285
$262,285
2018
$2,548 (+5.0%)
$100,000 + $131,332
$231,332
2017
$2,427 (+2.1%)
$100,000 + $131,332
$231,332
2016
$2,376 (+9.1%)
$100,000 + $131,332
$231,332
2015
$2,178 (+5.4%)
$100,000 + $131,332
$231,332
2014
$2,066 (+7.0%)
$78,000 + $130,438
$208,438
2013
$1,931
$78,000 + $130,438
$208,438
2012
$1,931 (+1.0%)
$78,000 + $130,438
$208,438
2011
$1,912
$78,000 + $130,438
$208,438
*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
1
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
1986
Sq. Ft.
1,862
Year built
1981
Style
Single Family Residential
County
Wake County
APN
0796.12 86 1192 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-4
Residential-4 District
Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Feb 8, 2024 • Final
Residential alteration/repairs
Remodel the bathrooms and bonus room. Install new flooring and trim throughout the building. Seal the crawl space and raise the garage floor by adding floor joists.
Bathroom
Remodel
Jan 31, 2024 • Final
Residential electrical sub-
Remodel the bathrooms and bonus room. Install new flooring and trim throughout the building. Seal the crawl space and raise the garage floor by adding floor joists.
Bathroom
Electrical
Remodel
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
Parking Features: Concrete, Driveway, Parking Pad
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
Laundry Features: In Hall, Laundry Closet, Main Level
Fireplace Features: Family Room, Fireplace Screen, Free Standing, Stone
Fireplaces Total: 1
Door Features: Storm Door(s)
Flooring: Carpet, Laminate, Vinyl
Room Information
Crawl Space
Exterior
Building Information
Construction Materials: Cedar
Building Area Total: 1832.0
Structure Type: Site Built
Exterior Features
Patio and Porch Features: Deck, Porch
Foundation Details: Block, Brick/Mortar
Exterior Features: Fenced Yard, Rain Gutters
Property information
Accessibility Features: Accessible Approach with Ramp
Above Grade Finished Area: 1832.0
Below Grade Finished Area: 0.0
Direction Faces: East
Levels: One
Other Structures: Shed(s), Storage
Ownership Type: Other
Lot Information
Lot Size Acres: 0.33
Lot Size Area: 0.33
Lot Size Dimensions: 153x114x76x154
Lot Size Square Feet: 14374.8
Lot Size Units: Acres
Financial
Tax Information
Tax Annual Amount: 2678.0
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Association Amenities: Trail(s)
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown
School Information
Elementary School: Wake - Lynn Road
Middle Or Junior School: Wake - Carroll
High School: Wake - Sanderson
Location Information
County Or Parish: Wake
Directions: From Glenwood Avenue, head north on Lead Mine. R on Oldetowne. House on L. From Six Forks go west on Millbrook. L on Oldtowne (just across from the entrance to Sertoma Arts Center),
Latitude: 35.854556
Longitude: -78.668556
Postal Code: 27612
Road Frontage Type: Other
Community Information
Senior Community: No
Public facts
Beds: —
Baths: 2.5
Sq. Ft.: 1,862
Stories: 1.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1981
Year Renovated: 1986
County: Wake County
APN: 0796.12 86 1192 000
Home facts updated by county records on Aug 10, 2026
Other
hidden custom fields
In Hall, Laundry Closet, Main Level
Listing Date Information
Contract Status Change Date: 2023-07-21
Documents Change Timestamp: 2024-06-14T22:59:25Z
Photos Change Timestamp: 2023-09-28T06:15:13Z
Around this home
Schools
Lynn Road Elementary
Public PreK-5 • Assigned • 1.1mi
7/10
Carroll Middle
Public 6-8 • Assigned • 1.7mi
5/10
Sanderson High
Public 9-12 • Assigned • 1.3mi
6/10
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
55% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27612
Average low and high temperatures (°F)
49
30
55
36
70
47
78
55
79
60
90
70
91
74
83
68
81
65
72
53
65
46
53
35
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 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$470,000 – $569,000
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