NOT LISTED FOR SALE

5033 Olde Rd S Raleigh, NC 27606

Estimated Value: $656,000 - $682,000

3 Beds
2.5 Baths
2,274 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $675,000 $297 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,840/month

71 Days on Market

Highlights

  • Barn
  • 1.61 Acre Lot
  • Wood Burning Stove
  • Stables
  • Deck
  • Recreation Room

About This Home

As of June 2024

Horse Lovers Delight, everything you need is in your back yard! This unrestricted 1.61 acres can be yours. This custom built property has been given plenty of TLC by original owner. Hard to find first floor owners retreat with full bath including tub, shower, dual vanities and walk in closet. Property has 48'x24' barn with stalls for 2 to 3 horses, tack storage, 48'x24' equipment shelter and a wood shed. Hay loft including hay lift and manure spreader included. Wood and electric fencing in place. Additional two bedrooms and full bath on second level plus bonus room. Tons of additional storage in attic access doors second level. Covered front porch and covered back deck off rear of home. Conveniently located to major highways, shopping, restaurants and entertainment.

Last Agent to Sell the Property

Cherrie Bynum

Rosero Realty, LLC License #182400 Listed on: 03/21/2024

Last Buyer's Agent

Courtney Caves

Rick Shepard Realty License #281113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 1988

Lot Details

  • 1.61 Acre Lot
  • Property fronts a county road
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Inside Entrance
  • Parking Deck
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,274 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Storm Doors

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Central Living Area
  • Handicap Accessible
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Deck
  • Outdoor Storage
  • Front Porch

Schools

  • Yates Mill Elementary School
  • Dillard Middle School
  • Athens Dr High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Hay Storage
  • Stables

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Water Purifier is Owned
  • Fuel Tank
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0781475129

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,779

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2274.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Interior Features Dining L: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Room Types Recreation Room3: Yes
  • Foundation Details BrickMortar: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: Yes
  • General Property Information Horse YN2: Yes
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 2274.0
  • General Property Information Carport YN: No
  • Fencing Fenced: Yes
  • Cooling Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Room Types Laundry2: Yes
  • Fencing Back Yard: Yes
  • Common Walls No Common Walls: Yes
  • Fencing Wood2: Yes
  • Utilities Septic Connected: Yes
  • Utilities Cable Connected: Yes
  • Other Structures Barn(s): Yes
  • Road Frontage Type County Road: Yes
  • Other Equipment Fuel Tank(s): Yes
  • Utilities Septic Available: Yes
  • General Property Information Lot Size Square Feet2: 70131.6
  • Other Structures Stable(s)4: Yes
  • General Property Information Lot Size Acres: 1.61
  • Fencing Electric3: Yes
  • General Property Information Stories2: 2
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Dining L, Entrance Foyer, Pantry, Primary Downstairs, Separate Shower, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Water Heater, Ice Maker, Oven, Range, Range Hood, Self Cleaning Oven, Water Heater, Water Purifier Owned
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Insert, Wood Burning, Wood Burning Stove
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 11
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances Range: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes
  • Interior Features:Crown Molding: Yes
  • Appliances:Built-In Range: Yes
  • Fireplace Features:Insert: Yes
  • Appliances:Water Purifier Owned: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Private Yard, Storage
  • Fencing: Back Yard, Electric, Fenced, Split Rail, Wood
  • Acres: 1.61
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Front Porch
  • Accessibility Features:Accessible Door(s): Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Door Features:Storm Door(s): Yes
  • Construction Materials:Brick: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Exterior Features:Storage2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Central Living Area: Yes
  • Lot Features:Private2: Yes
  • Lot Features:Pasture2: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Common Area: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Deck, Driveway, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Parking Pad, Paved
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Parking Pad: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Paved2: Yes
  • Parking Features:Inside Entrance: Yes
  • Parking Features:Deck: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Septic Available, Septic Connected, Propane
  • Heating: Forced Air, Gas Pack, Propane
  • Cooling: Ceiling Fan(s), Central Air, Electric, Gas, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:Barn: Yes
  • Horse Amenities:Hay Storage: Yes
  • Horse Amenities:Tack Room: Yes

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Zoning: Res
  • Horse Amenities: Barn, Hay Storage, Tack Room
  • Lot Size Sq Ft: 70131.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0781475129

Tax Info

  • Tax Annual Amount: 2779.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Yates Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 28, 2024
Sold by
Spivey Jeffery and Spivey Sue Horton
Bought by
Caves Trenton J and Caves Courtney D
Seller's Agent
Cherrie Bynum
Rosero Realty, LLC
Buyer's Agent
Courtney Caves
Rick Shepard Realty
List Price
$749,900
Sold Price
$675,000
Premium/Discount to List
-$74,900
-9.99%
Views
101
Current Estimated Value
$670,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,570
Avg. Annual Appreciation
-0.52%
Original Mortgage
$607,500
Outstanding Balance
$599,276
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$71,154

Purchase Details

Closed on
Jun 24, 1987
Bought by
Spivey William C and Spivey Ruby L
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caves Trenton J $675,000 South City Title
Spivey William C $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caves Trenton J $607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $675,000 -3.6% $297 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $699,999 -3.4% $308 / Sq Ft
05/10/2024 05/10/24 Price Changed $724,900 -3.3% $319 / Sq Ft
03/21/2024 03/21/24 For Sale $749,900 -- $330 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,378 $524,953 $171,240 $353,713
2024 $3,280 $524,953 $171,240 $353,713
2023 $2,779 $353,804 $123,650 $230,154
2022 $2,575 $353,804 $123,650 $230,154
2021 $2,506 $353,804 $123,650 $230,154
2020 $2,465 $353,804 $123,650 $230,154
2019 $2,437 $295,974 $116,600 $179,374
2018 $2,241 $295,974 $116,600 $179,374
2017 $2,124 $295,974 $116,600 $179,374
2016 $2,081 $295,974 $116,600 $179,374
2015 $2,034 $289,993 $114,650 $175,343
2014 $1,928 $289,993 $114,650 $175,343
Source: Public Records

Agents Affiliated with this Home

  • Cherrie Bynum

    Seller's Agent in 2024

    Cherrie Bynum

    Rosero Realty, LLC

    (919) 274-7980

    3 in this area

    58 Total Sales

    Cherrie Bynum
    Section Image

  • C

    Buyer's Agent in 2024

    Courtney Caves

    Rick Shepard Realty

    Section Image
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Map

Source: Doorify MLS

MLS Number: 10017537

Doorify MLS

APN: 0781.01-47-5129-000

North Carolina Wake County Raleigh 27606

5033 Olde Rd S, Raleigh, NC

This home is located at 5033 Olde Rd S, Raleigh, NC 27606 since 21 March 2024 and is currently estimated at $670,430, approximately $294 per square foot. This property was built in 1988. 5033 Olde Rd S is a home located in Wake County with nearby schools including Yates Mill Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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