RENTED SEP 12, 2025

5038 Microcline Trail Raleigh, NC 27610

Southeast Raleigh Neighborhood

Estimated Value: $279,000

2 Beds
2.5 Baths
1,400 Sq Ft
$199/Sq Ft Est. Value

Highlights

  • Indoor Pool
  • Clubhouse
  • Formal Dining Room
  • Open Floorplan
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of September 2025

Opportunity awaits at this immaculate, almost brand-new and quite luxurious townhome located in Raleigh's Olde Towne development. This home is available for immediate occupancy and is sure to please. Ample parking space and a covered entry greet you upon arrival. Once inside, you'll find yourself in a stunning, open-concept living space with tall ceilings, copious amounts of natural light and luxury plank flooring from front to back. That's right, not a stitch of carpet downstairs. The foyer opens on the right to an expansive family room showcasing recessed LED perimeter lighting, a ceiling fan, double picture windows and provisions for a wall-mounted TV. The family room seamlessly intertwines with an adjacent kitchen; the result is a floorplan that works perfectly for casual, everyday living and entertaining alike. The kitchen is a sight to behold and you'll surely be drawn to the massive, quartz-topped island showcasing an integrated breakfast bar, a stainless-steel, double-bowl undermoutn sink with a retractable sprayer and a soap dispenser as well as an easily-accessible dishwasher on one side of the sink, and a pull-out trash/recycling bay on the other. Gorgeous, modern gray-colored upper and lower cabinetry with crown molding as well as additional quartz countertops and a tiled backsplash flank the rear side of the island. You'll also find a built-in microwave, a gas oven, a French door refrigerator with ice and water in the door and a pantry behind the island. The triple pendant lights over the island look beautiful in the evenings! Adjoining the other side of the kitchen is a perfectly-proportioned dining area offering a custom chandelier, a picture window and direct access to an expansive rear patio overlooking a wooded buffer behind the home. Next, take a quick jaunt upstairs where you'll find both bedrooms as well as a conveniently-located laundry center with a washer and dryer provided for resident's use. Chores just got a bit easier; no more hauling laundry up and down the stairs. The primary bedroom at 5038 Microcline is quite spacious as well as luxurious. It includes dual picture windows, a ceiling fan, a walk-in closet and an en-suite bathroom with tiled flooring, dual undermount enameled sinks on an elevated, marble-topped vanity and a tiled, walk-in shower with a glass door. Not to be outdone, bedroom #2 is also quite spacious with double windows, a walk-in closet and an en-suite bathroom with a marble-topped vanity and a tub/shower.

Last Agent to Rent the Property

Brian Schambs

SCHAMBS PROPERTY MANAGEMENT GROUP, INC. License #229285 Listed on: 08/18/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Home Design

  • Stone

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Indoor Pool
  • Covered Patio or Porch
  • Playground

Schools

  • Wake County Schools Middle School
  • Wake County Schools High School

Utilities

  • Cooling Available
  • Central Heating
  • 220 Volts

Listing and Financial Details

  • Security Deposit $1,695
  • Property Available on 8/18/25

Community Details

Overview

  • Association fees include ground maintenance
  • Olde Towne Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024

Lot Details

1,742 Sq Ft Lot

Rental Info

  • Available Date: 2025-08-18
  • Security Deposit: 1695.0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • Subdivision Name: OLDE TOWNE
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Year Built: 2024
  • Property Sub Type Additional: Townhouse
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator, Disposal, Ice Maker, Microwave, Stainless Steel Appliance(s), Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank, Tile, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Chandelier, Dining Area, Separate/Formal Dining Room, Double Vanity, Entrance Foyer, Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Exhaust Fan, Kitchen Island, Living/Dining Room, Bath in Primary Bedroom, Open Concept, Pantry, Smooth Ceilings, Tub Shower, Unfurnished, Walk-In Closet(s), Walk-In Shower, Window Treatments
  • Living Area: 1400.0
  • Dining Room Type: Family Room, Kitchen, Laundry, Primary Bedroom
  • Window Features: Blinds, Insulated Windows

Exterior Features

  • Lot Features: < 1/4 Acre, Interior Lot
  • Pool Features: Indoor
  • Construction Type: Fiber Cement, Stone
  • Exterior Features: Playground, Private Entrance, Porch, Patio, Rain Gutters
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch
  • Property Condition: Good Condition

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit, Upper Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Pool, Street Lights, Sidewalks, Pool
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Lennar Carolinas Llc
Bought by
Wood Marcia
Current Estimated Value
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$197,625
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$81,375
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Wood Marcia $294,500 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Marcia $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Rented $1,695 0.0% --
08/25/2025 08/25/25 Under Contract -- -- --
08/18/2025 08/18/25 For Rent $1,695 -- --
Source: Longleaf Pine REALTORS®

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2025

    Brian Schambs

    SCHAMBS PROPERTY MANAGEMENT GROUP, INC.

    (919) 803-7789

    1 Total Sale

    Brian Schambs
    Section Image
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Map

Source: Longleaf Pine REALTORS®

MLS Number: 748322

Longleaf Pine REALTORS®

APN: 1732.13-03-3779-000

North Carolina Wake County Raleigh 27610 Southeast Raleigh

5038 Microcline Trail, Raleigh, NC

Not Listed for Sale

Townhouses

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Longleaf Pine REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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