5228 Olive Rd Raleigh, NC 27606
South Raleigh NeighborhoodEstimated payment $2,007/month
Highlights
- View of Trees or Woods
- Traditional Architecture
- Bathtub with Shower
- 0.46 Acre Lot
- No HOA
- Patio
About This Home
Welcome Home! Located conveniently by Lake Johnson, and a stone's throw from NC State and Downtown Raleigh, this property's convenient location offers easy access to the community at large - from outdoor recreation, to collegiate sporting events or a night on town - you have it all. With a big fenced in backyard and upgraded systems such as HVAC, Roof, etc.., this home is move in ready and ready for an individual looking for their first home, or downsizing and/or as a revenue generating rental property that is ready to produce. This quiet neighborhood has a lot to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,027
Year Built
- Built in 1975
Lot Details
- 0.46 Acre Lot
- Chain Link Fence
- Cleared Lot
- Back Yard Fenced
Parking
- Private Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Siding
- Lead Paint Disclosure
Interior Spaces
- 1,242 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Luxury Vinyl Tile Flooring
- Views of Woods
- Washer and Dryer
Kitchen
- Electric Oven
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Dillard Elementary And Middle School
- Athens Dr High School
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
- Septic System
- Cable TV Available
Community Details
- No Home Owners Association
- Lake Side Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 0782.06-29-6357 0068731
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,087 | $323,131 | $160,000 | $163,131 |
| 2024 | $2,027 | $323,131 | $160,000 | $163,131 |
| 2023 | $1,580 | $200,029 | $75,000 | $125,029 |
| 2022 | $1,465 | $200,029 | $75,000 | $125,029 |
| 2021 | $1,426 | $200,029 | $75,000 | $125,029 |
| 2020 | $1,402 | $200,029 | $75,000 | $125,029 |
| 2019 | $1,341 | $161,707 | $70,000 | $91,707 |
| 2018 | $1,233 | $161,707 | $70,000 | $91,707 |
| 2017 | $1,170 | $161,707 | $70,000 | $91,707 |
| 2016 | $1,146 | $161,707 | $70,000 | $91,707 |
| 2015 | $1,107 | $156,518 | $68,000 | $88,518 |
| 2014 | $1,050 | $156,518 | $68,000 | $88,518 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $345,000 | -2.8% | $278 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $355,000 | -2.7% | $286 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $365,000 | -2.7% | $294 / Sq Ft |
| 06/30/2025 06/30/25 | Price Changed | $375,000 | -3.8% | $302 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $390,000 | -- | $314 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Deed | $71,000 | -- |
Source: Doorify MLS
MLS Number: 10101998
APN: 0782.06-29-6357-000
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