NOT LISTED FOR SALE

5328 Olive Rd Raleigh, NC 27606

South Raleigh Neighborhood

Estimated Value: $409,000 - $448,000

3 Beds
1.5 Baths
1,600 Sq Ft
$269/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Living Room
  • Central Air
  • Home Office
  • 1-Story Property
  • Dining Room

About This Home

As of June 2023

Minutes to Downtown Raleigh, Cary, RTP+endless shops/restaurants. Older charming well kept 1600SQF ranch house-all on one level. 3BD,1.5bath, large fenced yard, wired detached garage(15x21), storage shed(11x11). Solid HDWD flrs in all bedrooms and living room. LVP flrs in kitchen/family room. Family room w/deco only FP+huge bonus room can be office/hobby room. Kitchen has tons of cabinetry, frige, stove, dishwasher, washer/dryer. No water bills,house sits on well. All electric no gas bills. Tenants responsible for lawn mowing. Pet is negotiable with fee. No cats sorry. Tenants occupied. Showing needs tenant's approval.

Last Agent to Rent the Property

Louise Gung

C&G Realty License #182467 Listed on: 02/28/2023

Last Renter's Agent

Louise Gung

C&G Realty License #182467 Listed on: 02/28/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 0.55

Parking

  • 1 Car Garage
  • Private Driveway

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Laundry in unit

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $1,750
  • Property Available on 5/16/23
  • Tenant pays for electricity, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Electricity, Water
  • Lease Term: 12 Months
  • Available Date: 2023-05-16

Listing Details

  • Year Built: 1966
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1600.0
  • Unit Levels: One
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2023-05-16
  • Contract Information Security Deposit2: 1750.0
  • General Property Information Above Grade Finished Area: 1600.0
  • Pets Allowed Yes2: Yes
  • General Property Information:Living Area3: 1600.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fees Pet Deposit: 300.0

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Bradley Lucy Kennedy
Bought by
Bradley Living Trust and Bradley
Current Estimated Value
$430,973

Purchase Details

Closed on
Jul 26, 2024
Sold by
Gung Lyudan and Chow Pak See
Bought by
Kennedy Bradley Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2022
Sold by
Mosley Christopher S
Bought by
Gung Lyudan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bradley Living Trust -- None Listed On Document
Bradley Living Trust -- None Listed On Document
Kennedy Bradley Lucy $450,000 None Listed On Document
Gung Lyudan $327,000 South Law Firm Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Bradley Lucy $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $1,800 -- --
06/14/2023 06/14/23 Rented $1,800 0.0% --
04/24/2023 04/24/23 Under Contract -- -- --
04/10/2023 04/10/23 Price Changed $1,800 +2.9% $1 / Sq Ft
02/28/2023 02/28/23 For Rent $1,750 -- --
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 $2,477 $384,174 $160,000 $224,174
2024 $2,181 $347,972 $160,000 $187,972
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2023

    Louise Gung

    C&G Realty

    (919) 607-5605

    1 in this area

    13 Total Sales

    Louise Gung
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2497041

Doorify MLS

APN: 0782.06-28-9313-000

North Carolina Wake County Raleigh 27606 South Raleigh

5328 Olive Rd, Raleigh, NC

Not Listed for Sale

Detached

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