OFF MARKET

Off market jun 2017 for $350K

$662,986

Est. refi paymentEst. refi $2,630/mo

•

3,015

sq ft

5601 Olde South Rd, Raleigh, NC 27606

About this home

Absolutely Stunning 4 Bedroom 2.5 Bath on just over 1 acre. Vast fenced in backyard is great for kids and pets. Huge unfinished attic has lots of potential uses. Bring your Boats, Campers, and more with NO HOA fees. Less than 15 minutes to downtown Raleigh, 15 Minutes to White Oak and 10 minutes to CrossRoads shopping, 15 Minutes to PNC and 20 minutes to Airport. Close to many parks and Lake Wheeler. No City Taxes but close to everything!

Single-familyProperty Type

1998Year Built

1.09 acresLot Size

$220Est. Price/Sq.Ft.

2 car garageParking

Listed by David Beebe • Coldwell Banker HPW

Bought with Aimee Anderson • Aimee Anderson & Associates

Redfin checked: 2 minutes ago

•Source:TMLS #2123460

Redfin Estimate

$662,986

$313K since sold in June 2017$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.1% lower than the average sale price ($763K) of 6 comparable homes.

SOLD SEP 23, 2026
$815,000
A
4 beds3 baths2,995 sq ft
4705 Carolton Dr, Raleigh, NC 27606
SOLD AUG 21, 2026
$865,000
B
4 beds3.5 baths3,116 sq ft
2128 Beneventum Ct, Raleigh, NC 27606
SOLD JUL 27, 2026
$750,000
C
3 beds2.5 baths2,877 sq ft
2436 Millstone Harbour Dr, Raleigh, NC 27603
SOLD SEP 28, 2026
$700,000
D
4 beds2.5 baths2,982 sq ft
5005 Fielding Dr, Raleigh, NC 27606
SOLD JUN 11, 2026
$730,000
E
4 beds3 baths3,102 sq ft
2440 Millstone Harbour Dr, Raleigh, NC 27603
SOLD APR 16, 2026
$719,900
F
4 beds3.5 baths3,025 sq ft
2020 Gardenbrook Dr, Raleigh, NC 27606

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Earn from this home

Sell

$398,846

Est. take-home

List your home with Redfin and save $6,630

Refinance

Est. cash available

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Rent

$3,004/mo

Redfin rental estimate

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Market trends in 27606, NC

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

+0.5% MoM

Median sale price

$516K

$7K MoM

Avg. days on market

38d

2 days MoM

Recently sold homes

17 MoM

New listings for sale

NEW 24 HRS AGO
$735,900
4 beds3.5 baths3,250 sq ft
920 Merwin Rd, Raleigh, NC 27606
OPEN TODAY, 1PM TO 3PM
$509,900
3 beds2.5 baths2,095 sq ft
241 Kentigern Dr, Raleigh, NC 27606
$269,000
4 beds4 baths1,314 sq ft
1305 Kent Rd #102, Raleigh, NC 27606
$159,900
1 bed1 bath540 sq ft
3522 Ivy Commons Dr, Raleigh, NC 27606
$250,000
2 beds2 baths771 sq ft
1509 Gorman St, Raleigh, NC 27606
$155,000
1 bed1 bath540 sq ft
3517 Ivy Commons Dr #301, Raleigh, NC 27606
$450,000
3 beds2 baths1,458 sq ft
5848 Yates Mill Pond Rd, Raleigh, NC 27606
$200,000
2 beds1.5 baths1,100 sq ft
5520 Kaplan Dr Unit A, Raleigh, NC 27606
$395,000
3 beds2 baths1,259 sq ft
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OPEN TODAY, 2PM TO 4PM
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See all

Provided by Redfin

Sale history for 5601 Olde South Rd

Date

Event

Price

TMLS #2123460

Jun 28, 2017

Sold

$350,000

$116/sq ft

May 5, 2017

Pending

—

Apr 21, 2017

Listed

$379,900

$126/sq ft

TMLS #2097235

Apr 20, 2017

Listing Removed

—

Feb 3, 2017

Price Changed

$379,900

$126/sq ft

Nov 3, 2016

Listed

$395,000

$131/sq ft

Public Records

May 10, 2002

Sold

$220,000

$73/sq ft

Public Records

Sep 12, 1997

Sold

$32,000

$11/sq ft

Public Records

Mar 31, 1997

Sold

$30,000

$10/sq ft

Public Records

May 16, 1994

Sold

$25,000

$8/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,851 (+3.0%)

$127,560 + $471,338

$598,898

2024

$3,739 (+17.8%)

$127,560 + $471,338

$598,898

2023

$3,175 (+7.9%)

$127,560 + $471,338

$598,898

2022

$2,943 (+2.8%)

$89,850 + $314,849

$404,699

2021

$2,864 (+1.7%)

$89,850 + $314,849

$404,699

2020

$2,816 (+11.6%)

$89,850 + $314,849

$404,699

2019

$2,523 (+8.8%)

$89,850 + $314,849

$404,699

2018

$2,320 (+5.5%)

$66,000 + $240,446

$306,446

2017

$2,199 (+2.1%)

$66,000 + $240,446

$306,446

2016

$2,154 (−6.0%)

$66,000 + $240,446

$306,446

2015

$2,292 (+5.5%)

$66,000 + $240,446

$306,446

2014

$2,173 (+7.1%)

$64,000 + $263,253

$327,253

2013

$2,029

$64,000 + $263,253

$327,253

2012

$2,029

$64,000 + $263,253

$327,253

2011

$2,029

$64,000 + $263,253

$327,253

Tax history for 5601 Olde South Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,851 (+3.0%)

$127,560 + $471,338

$598,898

2024

$3,739 (+17.8%)

$127,560 + $471,338

$598,898

2023

$3,175 (+7.9%)

$127,560 + $471,338

$598,898

2022

$2,943 (+2.8%)

$89,850 + $314,849

$404,699

2021

$2,864 (+1.7%)

$89,850 + $314,849

$404,699

2020

$2,816 (+11.6%)

$89,850 + $314,849

$404,699

2019

$2,523 (+8.8%)

$89,850 + $314,849

$404,699

2018

$2,320 (+5.5%)

$66,000 + $240,446

$306,446

2017

$2,199 (+2.1%)

$66,000 + $240,446

$306,446

2016

$2,154 (−6.0%)

$66,000 + $240,446

$306,446

2015

$2,292 (+5.5%)

$66,000 + $240,446

$306,446

2014

$2,173 (+7.1%)

$64,000 + $263,253

$327,253

2013

$2,029

$64,000 + $263,253

$327,253

2012

$2,029

$64,000 + $263,253

$327,253

2011

$2,029

$64,000 + $263,253

$327,253

*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

Lot width

—

Lot depth

—

Lot size

1.09 Acres

Year renovated

1998

Sq. Ft.

2,928

Year built

1998

Style

Single Family Residential

County

Wake County

APN

0781.04 63 2023 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R-40W

Residential-40 Watershed District

The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space

Mar 20, 2023 • Final

Commercial or residential - change of service

Electrical

Jan 30, 2023 • Final

Residential - accessory building

Construct a carport addition off of the front porch and a deck off of the existing garage. Install lighting and electrical outlets for both the carport and the deck.

Addition

ADU

Electrical

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: Yes
Garage Spaces: 2
Parking Features: Circular Driveway, Garage

Interior

Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Electric Water Heater
Interior Features: Entrance Foyer
Fireplace: Yes
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Vinyl Siding
Building Area Total: 3015.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Porch

Property information
Above Grade Finished Area: 3015.0
Below Grade Finished Area: 0.0
Levels: Three Or More
Ownership Type: Other

Lot Information
Lot Size Acres: 1.09
Lot Size Area: 1.09
Lot Size Dimensions: per survey
Lot Size Square Feet: 47480.4
Lot Size Units: Acres

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Well

Heating & Cooling
Heating: Yes
Heating Information: Electric, Forced Air, Zoned
Cooling: Yes
Cooling Information: Central Air, Zoned

Location

HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown

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: From 40 take exit 295 Gorman St. L on on Tryon, R on Lake Wheeler, R on Penny, L on Olde South. House is immediately on left.
Latitude: 35.70883
Longitude: -78.70961
Postal Code: 27606

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 2,928
Stories: 2.0
Lot Size: 1.09 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Wake County
APN: 0781.04 63 2023 000

Home facts updated by county records on Oct 30, 2026

Other

Listing Date Information
Contract Status Change Date: 2017-07-07
Documents Change Timestamp: 2024-06-18T02:48:19.000Z

Around this home

Schools

K - 12
Preschool & daycare

Yates Mill Elementary

Public PreK-5 • Assigned • 2.3mi

7/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.1mi

7/10

Athens Drive High

Public 9-12 • Assigned • 4.1mi

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

57% 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°

70°

53°

66°

47°

54°

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

$630,000 – $763,000

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Home values near 5601 Olde South Rd

Data from public records.

Address	Redfin Estimate
5625 Olde South Road, Raleigh, NC - Beds \| 1 Baths \| 890 Sq. Ft.	$118,475
5613 Olde South Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2336 Sq. Ft.	$603,424
6108 Penny Road, Raleigh, NC - Beds \| 1.5 Baths \| 1120 Sq. Ft.	$347,389
5905 Copper Trail, Raleigh, NC 3 Beds \| 3.5 Baths \| 3745 Sq. Ft.	$815,954
5909 Copper Trail, Raleigh, NC - Beds \| 2 Baths \| 2096 Sq. Ft.	$562,579
5904 Copper Trail, Raleigh, NC - Beds \| 2 Baths \| 1584 Sq. Ft.	$439,684
5909 Penny Road, Raleigh, NC - Beds \| 3.5 Baths \| 3315 Sq. Ft.	$592,131

Address	Redfin Estimate
5520 Olde South Road, Raleigh, NC - Beds \| 2 Baths \| 1262 Sq. Ft.	$420,476
5605 Olde South Road, Raleigh, NC - Beds \| 2 Baths \| 2072 Sq. Ft.	$463,964
5904 Donnybrook Drive, Raleigh, NC 2 Beds \| 1 Baths \| 1024 Sq. Ft.	$402,053
4904 Tupenny Lane, Raleigh, NC 3 Beds \| 2 Baths \| 2221 Sq. Ft.	$558,431
5901 Penny Road, Raleigh, NC 1 Beds \| 1 Baths \| 805 Sq. Ft.	$297,255
6101 Penny Road, Raleigh, NC - Beds \| 1.5 Baths \| 1008 Sq. Ft.	$352,747
6112 Penny Road, Raleigh, NC 3 Beds \| 2 Baths \| 900 Sq. Ft.	$219,888

Address	Redfin Estimate
5629 Olde South Road, Raleigh, NC - Beds \| 2 Baths \| 1175 Sq. Ft.	$330,744
5609 Olde South Road, Raleigh, NC - Beds \| 2.5 Baths \| 2376 Sq. Ft.	$581,051
5908 Copper Trail, Raleigh, NC 4 Beds \| 3.5 Baths \| 2673 Sq. Ft.	$586,558
5912 Copper Trail, Raleigh, NC - Beds \| 2 Baths \| 2122 Sq. Ft.	$555,603
5917 Penny Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2460 Sq. Ft.	$684,564
6001 Penny Road, Raleigh, NC 3 Beds \| 2.5 Baths \| 2145 Sq. Ft.	$473,751
6116 Penny Road, Raleigh, NC 2 Beds \| 2 Baths \| 900 Sq. Ft.	$222,399

Property information provided by TMLS when last listed in 2017. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27606, NC

Sale history for 5601 Olde South Rd

Tax history for 5601 Olde South 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 5601 Olde South Rd

More real estate resources