5301 Thayer Dr Raleigh, NC 27612
North Hills NeighborhoodEstimated payment $2,881/month
Highlights
- Popular Property
- Private Yard
- Circular Driveway
- Corner Lot
- No HOA
- Cooling System Mounted To A Wall/Window
About This Home
Discover a rare North Hills teardown opportunity on nearly a half-acre corner basement lot that backs to the Mine Creek Greenway. The existing home was built on a slab foundation over unstable fill and has experienced significant structural issues over time; the property is being sold for land value only. Square footage is based on tax records and may not accurately reflect current conditions. Exterior viewings only. Located just 5 minutes from North Hills and 5 minutes from Crabtree Valley Mall, this site offers unmatched convenience to Midtown's top dining, shopping, parks, and magnet school options. Easy access to I-440, Shelley Lake, and the North Hills Club makes this an exceptional setting for those looking to build in a high-demand area. Ideal for custom-home clients, spec builders, or anyone seeking a build-on-your-lot opportunity in a proven luxury infill corridor. With mature trees, generous frontage, and excellent visibility, 5301 Thayer Drive presents a standout canvas for a future new-construction home with strong long-term value in one of Raleigh's most desirable neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,163
Year Built
- Built in 1971
Lot Details
- 0.45 Acre Lot
- Natural State Vegetation
- Corner Lot
- Lot Sloped Down
- Many Trees
- Private Yard
- Grass Covered Lot
- Back Yard
- Property is zoned R4
Home Design
- Slab Foundation
- Shingle Roof
- Wood Siding
- Lead Paint Disclosure
Interior Spaces
- 2,994 Sq Ft Home
- 1-Story Property
- Basement
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
Parking
- Circular Driveway
- Paved Parking
- 4 Open Parking Spaces
Schools
- Brooks Elementary School
- Carroll Middle School
- Sanderson High School
Horse Facilities and Amenities
- Grass Field
Utilities
- Cooling System Mounted To A Wall/Window
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
- North Hills Estates Subdivision
- Greenbelt
Listing and Financial Details
- Assessor Parcel Number 170613044069000 0065783
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 | $4,163 | $475,022 | $431,250 | $43,772 |
| 2024 | $4,146 | $475,022 | $431,250 | $43,772 |
| 2023 | $4,075 | $372,044 | $198,000 | $174,044 |
| 2022 | $3,787 | $372,044 | $198,000 | $174,044 |
| 2021 | $3,640 | $372,044 | $198,000 | $174,044 |
| 2020 | $3,574 | $372,044 | $198,000 | $174,044 |
| 2019 | $3,593 | $308,314 | $132,000 | $176,314 |
| 2018 | $3,389 | $308,314 | $132,000 | $176,314 |
| 2017 | $3,227 | $308,314 | $132,000 | $176,314 |
| 2016 | $3,161 | $308,314 | $132,000 | $176,314 |
| 2015 | $3,088 | $296,272 | $140,000 | $156,272 |
| 2014 | $2,929 | $296,272 | $140,000 | $156,272 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $485,000 | -- | $162 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $217,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $151,900 | No Value Available |
Source: Doorify MLS
MLS Number: 10136719
APN: 1706.13-04-4069-000
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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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