$480,000

5412 Wallace Martin Way Raleigh, NC 27616

Forestville Neighborhood

Estimated payment $2,986/month

Total Views 121
3 Beds
2.5 Baths
2,394 Sq Ft
$201 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • High Ceiling
  • Two Primary Bedrooms
  • Transitional Architecture
  • Mud Room

About This Home

This 3-bedroom, 3.5-bath residence features dual owner's suites and a thoughtfully designed layout ideal for both everyday living and entertaining. The main floor showcases a spacious owner's suite, a formal dining area, and a kitchen with a center island that opens to the family room. A mudroom, laundry room, and guest bath add convenience and function. Upstairs, you'll find the second owner's suite, an additional bedroom, a hall bath, and a bonus room perfect for a home office or media space.
Enjoy outdoor living on the covered rear porch, and take advantage of the rear-entry 2-car garage with ample guest parking in the driveway. The HOA covers lawn maintenance, as well as access to a community pool and fitness center, making this the perfect blend of style and simplicity.

Listing Agent

Mitchell Conklin

Raleigh Custom Realty, LLC License #356908 Listed on: 10/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,266

Year Built

  • Built in 2019

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,394 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • River Bend Elementary And Middle School
  • Rolesville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1736873868

Community Details

Overview

  • Association fees include ground maintenance
  • Elite Managment Professionals Association, Phone Number (919) 233-7660
  • 5401 North Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,266

Year Built

Built in 2019

Lot Details

0

HOA Fees

$114 per month

Parking

2

Listing Details

  • Year Built: 2019
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: 5401 North
  • Above Grade Finished Sq Ft: 2394.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Efficiency: Thermostat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Ceramic Tile: Yes
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: First
  • Flooring Vinyl: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • General Property Information Monthly Association Fees2: 114.4
  • General Property Information Above Grade Finished Area: 2394.0
  • Security Features Fire Alarm: Yes
  • Fencing Back Yard: Yes
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 4792.0
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate, Tile, Vinyl
  • Interior Amenities: Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Second Primary Bedroom, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Free-Standing Refrigerator, Microwave, Oven, Range, Washer, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Fenced Yard, Rain Gutters
  • Fencing: Back Yard
  • Acres: 0.11
  • Construction Type: Block, Brick, Fiber Cement, Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Block2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Rear
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 114.4
  • Association Fee Frequency: Monthly
  • Association Name: Elite Managment Professionals
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Managment Professionals
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 114.4
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Rolesville
  • Middle Or Junior School: Wake - River Bend

Lot Info

  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1736873868

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 4265.66
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - River Bend

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,266 $486,832 $85,000 $401,832
2024 $4,248 $486,832 $85,000 $401,832
2023 $4,066 $371,221 $80,000 $291,221
2022 $3,779 $371,221 $80,000 $291,221
2021 $3,632 $371,221 $80,000 $291,221
2020 $3,566 $371,221 $80,000 $291,221
2019 $927 $80,000 $80,000 $0
2018 $874 $80,000 $80,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 For Sale $480,000 -- $201 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $354,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $336,000 New Conventional
Source: Public Records

Source: Doorify MLS

MLS Number: 10129903

Doorify MLS

APN: 1736.02-87-3868-000