Great opportunity. 4 bedroom, 2 bath home in West Raleigh. Minutes from Crossroads shopping center and easy I 40 access. Concrete driveway with 1 carport. Large lot. Please contact listing agent for questions or showings. See attached Sample of Seller addendums
Single-familyProperty Type
1969Year Built
0.27 acresLot Size
$207Est. Price/Sq.Ft.
1 spaceParking
Listed by Peter Greijn• Re/Max One Realty
Bought with Non Member• Non Member Office
Source:TMLS #1981846
Redfin Estimate
$323,451
$134K since sold in June 2016$7,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 17.2% lower than the average sale price ($390K) of 6 comparable homes.
Great opportunity. 4 bedroom, 2 bath home in West Raleigh. Minutes from Crossroads shopping center and easy I 40 access. Concrete driveway with 1 carport. Large lot. Please contact listing agent for questions or showings. See attached Sample of Seller addendums
Public Records
Aug 21, 1987
Sold
$81,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,023 (+0.4%)
$155,000 + $189,331
$344,331
2024
$3,011 (+19.9%)
$155,000 + $189,331
$344,331
2023
$2,510 (+16.6%)
$155,000 + $189,331
$344,331
2022
$2,153 (+4.0%)
$85,000 + $143,442
$228,442
2021
$2,070 (+1.8%)
$85,000 + $125,711
$210,711
2020
$2,033 (+0.8%)
$85,000 + $125,711
$210,711
2019
$2,018 (+6.0%)
$85,000 + $125,711
$210,711
2018
$1,903 (+5.0%)
$80,000 + $92,361
$172,361
2017
$1,813 (+2.1%)
$80,000 + $92,361
$172,361
2016
$1,776 (+2.8%)
$80,000 + $92,361
$172,361
2015
$1,728 (+5.4%)
$80,000 + $92,361
$172,361
2014
$1,640 (+7.0%)
$72,000 + $93,025
$165,025
2013
$1,533
$72,000 + $93,025
$165,025
2012
$1,533 (+1.0%)
$72,000 + $93,025
$165,025
2011
$1,518
$72,000 + $93,025
$165,025
Tax history for 5716 Rail Fence Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,023 (+0.4%)
$155,000 + $189,331
$344,331
2024
$3,011 (+19.9%)
$155,000 + $189,331
$344,331
2023
$2,510 (+16.6%)
$155,000 + $189,331
$344,331
2022
$2,153 (+4.0%)
$85,000 + $143,442
$228,442
2021
$2,070 (+1.8%)
$85,000 + $125,711
$210,711
2020
$2,033 (+0.8%)
$85,000 + $125,711
$210,711
2019
$2,018 (+6.0%)
$85,000 + $125,711
$210,711
2018
$1,903 (+5.0%)
$80,000 + $92,361
$172,361
2017
$1,813 (+2.1%)
$80,000 + $92,361
$172,361
2016
$1,776 (+2.8%)
$80,000 + $92,361
$172,361
2015
$1,728 (+5.4%)
$80,000 + $92,361
$172,361
2014
$1,640 (+7.0%)
$72,000 + $93,025
$165,025
2013
$1,533
$72,000 + $93,025
$165,025
2012
$1,533 (+1.0%)
$72,000 + $93,025
$165,025
2011
$1,518
$72,000 + $93,025
$165,025
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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
Mar 28, 2024 • Final
Residential electrical sub-
Enclose an existing carport to create an unconditioned garage. Construct non-load-bearing walls without altering the existing structure.
Addition
Mar 28, 2024 • Final
Residential addition
Enclose an existing carport to create an unconditioned garage. Construct non-load-bearing walls without altering the existing structure.
Addition
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
Interior
Basement Information
Basement Sq. Ft: 487
Basement Type: Partial
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Part Basement
Building Style Type: Split Level
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: OLD FARM SUB
Living Sq. Ft: 1,561
Building Sq. Ft: 1,561
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LO54 OLD FARM SUB SE2
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 288
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 11,761
Legal Lot Number: 54
Municipality Name: RALEIGH
Acres: 0.27
Zoning Code: R-4
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,561
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1969
Year Renovated: 1984
County: Wake County
APN: 0773.08 77 9830 000
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
K - 12
Preschool & daycare
Reedy Creek Elementary
Public K-5 • Assigned • 2.9mi
7/10
Reedy Creek Middle
Public 6-8 • Assigned • 3.0mi
8/10
Athens Drive High
Public 9-12 • Assigned • 1.6mi
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 104° expected this year, 17 days in 30 years
6/10 Wind Factor
56% 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)
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
$308,000 – $372,000
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