NOT LISTED FOR SALE

5316 Olive Rd Raleigh, NC 27606

South Raleigh Neighborhood

Estimated Value: $627,000 - $712,000

3 Beds
2.5 Baths
2,301 Sq Ft
$288/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2021

Last sale price $551,000 $239 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,905 / mo

4 Days on Market

Highlights

  • Craftsman Architecture
  • Wooded Lot
  • Wood Flooring
  • Secluded Lot
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of August 2021

Looking for privacy and a home with a zen-like vibe? This custom designed home sits on large, private lot in fantastic location. Home was meticulously designed by a professional interior designer and you can tell with all the detail work! Custom designed kitchen with Brazilian stone countertops. 1st Floor Owner Suite. Site-finished hardwoods. Soaring ceilings in livingroom with a double sided fireplace. Enjoy the serene atmosphere on the screened in porch. Fenced in backyard is the perfect place to relax.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 06/24/2021

Compass -- Raleigh

Co-Listed By

Matthew Polinchak

Live Raleigh LLC License #269754

Last Buyer's Agent

Kristen Long

Real Broker, LLC License #323461

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 2012

Lot Details

  • 25,700 Sq Ft Lot
  • Lot Dimensions are 85x72x216x88x123x86x34
  • Fenced Yard
  • Secluded Lot
  • Wooded Lot
  • Landscaped with Trees
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Brick Foundation

Interior Spaces

  • 2,301 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Propane Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch
  • Crawl Space
  • Unfinished Attic
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include storm water maintenance
  • Lakeside HOA
  • Lakeside Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,545

Year Built

Built in 2012

Lot Details

0.59 Acres

HOA Fees

$8 per month

Parking

1

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Lakeside
  • Above Grade Finished Sq Ft: 2301.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 85x72x216x88x123x86x34
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Interior Features Bathtub Only: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Looking for privacy and a home with a zen-like vibe? This custom designed home sits on large, private lot in fantastic location. Home was meticulously designed by a professional interior designer and you can tell with all the detail work! Custom designed kitchen with Brazilian stone countertops. 1st Floor Owner Suite. Site-finished hardwoods. Soaring ceilings in livingroom with a double sided fireplace. Enjoy the serene atmosphere on the screened in porch. Fenced in backyard is the perfect place to relax.
  • Architectural Style Craftsman: Yes
  • Foundation Details BrickMortar: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 2301.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 25700.4
  • General Property Information Lot Size Acres: 0.59
  • General Property Information:Living Area3: 2301.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Kitchen/Dining Room Combination, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Propane
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.59
  • Construction Type: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Propane
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association Name: Lakeside HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lakeside HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 85x72x216x88x123x86x34
  • Lot Size Sq Ft: 25700.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2545.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 9, 2021
Sold by
Bought by
Seller's Agent
Johnny Chappell
Compass -- Raleigh
Buyer's Agent
Kristen Long
Real Broker, LLC
List Price
$524,900
Sold Price
$551,000
Premium/Discount to List
$26,100
4.97%
Current Estimated Value
$663,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,385
Avg. Annual Appreciation
3.90%
Original Mortgage
$495,900
Outstanding Balance
$450,927
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$212,458

Purchase Details

Closed on
Jul 2, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,155
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 2007
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$551,000 None Available
-- None Available
$405,000 None Available
$294,000 None Available
-- None Available
$90,000 None Available
$105,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,900
Previous Owner $384,750
Previous Owner $235,155
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $551,000 -- --
08/12/2021 08/12/21 Sold $551,000 +5.0% $239 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $524,900 -- $228 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,852 $599,063 $160,000 $439,063
2024 $3,740 $599,063 $160,000 $439,063
2023 $2,899 $369,257 $75,000 $294,257
2022 $2,687 $369,257 $75,000 $294,257
2021 $2,588 $365,466 $75,000 $290,466
2020 $2,587 $365,466 $75,000 $290,466
2019 $2,437 $295,986 $70,000 $225,986
2018 $2,241 $295,986 $70,000 $225,986
2017 $2,124 $295,986 $70,000 $225,986
2016 $2,082 $295,986 $70,000 $225,986
2015 $2,004 $285,664 $68,000 $217,664
2014 -- $285,664 $68,000 $217,664
Source: Public Records

Agents Affiliated with this Home

  • Johnny Chappell

    Seller's Agent in 2021

    Johnny Chappell

    Compass -- Raleigh

    (919) 737-2247

    20 in this area

    879 Total Sales

    Johnny Chappell
    Section Image
  • Matthew Polinchak

    Seller Co-Listing Agent in 2021

    Matthew Polinchak

    Live Raleigh LLC

    (919) 285-6437

    5 in this area

    69 Total Sales

    Matthew Polinchak
    Section Image

  • K

    Buyer's Agent in 2021

    Kristen Long

    Real Broker, LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2391945

Doorify MLS

APN: 0782.06-28-6761-000

North Carolina Wake County Raleigh 27606 South Raleigh

5316 Olive Rd, Raleigh, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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