What's not to love about this 5 bedroom home with its full front porch nestled at the end of a quiet Cul-de-Sac in the awesome Winchester neighborhood. An exceptional opportunity to create value in a highly desirable location! Priced with updates and repairs in mind, this home presents the perfect chance for buyers to build sweat equity while enjoying the benefits of a neighborhood where homes typically command values in the $184 per sq ft. Seller is offering $5000 in closing costs so buyer can use their money for updates/improvements. This Floorplan is perfect for a large family or working professionals that need their own office spaces. This community offers amenities as well as community events! The community tennis courts have been resurfaced and now offer 2 pickleball courts and 1 tennis court. The location is prime. Minutes from downtown Raleigh, major highways including 440 & 540 , access to RDU the airport, shopping, restaurants and entertainment! 5 bedrooms 2.5 baths with a layout that can easily make the 5th bedroom a home office given it's private location on the 3rd floor, the perfect blend of home and work. There are several areas in the home for gathering; the great room, sunroom, the 4 season room or the large bonus room, A place for everyone. The 4 season room off the kitchen was an addition made by a previous owner in 2009 as a screened porch and is seen as a note on the tax records although we could not locate a permit. It is heated and cooled. The current owner changed the screens out for permanent windows. The 5th bedroom on the 3rd floor was also finished prior to the sellers purchase of the home. They do not know if it was finished by the builder or the original owner. Both areas are included in the total sq footage. Check floorplan provided for those sq ft amounts. The large fenced backyard is wonderful for kids, pets or adults that like to grill and chill. The covered patio with it's firepit as well as the area for a dining table is perfect for outdoor entertaining. Home was rented during 2025. Home owner has not lived in home since this time. Home is being sold ''as is'' 'however a home warranty up to $650 will be provide for the new homeowner. . Fantastic home for the price! Come check out this must see home!
For sale
Price cut: $5K (4/18)
$415,000
4500 Rivershyre Way, Raleigh, NC 27616
5beds
2,743sqft
Est.:
Single Family Residence, Residential
Built in 1995
0.28 Acres Lot
$407,500 Zestimate®
$151/sqft
$61/mo HOA
What's special
Full front porch
- 47 days |
- 2,653 |
- 241 |
Zillow last checked:
Listing updated:
Listed by:
Lora Fillingim-Brown 919-877-8832,
Coldwell Banker HPW
Source: Doorify MLS,MLS#: 10156262
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Fireplace(s), Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Range
- Laundry: Main Level
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile
- Windows: Double Pane Windows
- Number of fireplaces: 1
- Fireplace features: Gas Log, Great Room
Interior area
- Total structure area: 2,743
- Total interior livable area: 2,743 sqft
- Finished area above ground: 2,743
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Garage, Garage Door Opener, Garage Faces Front
- Attached garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Tri-Level
- Patio & porch: Front Porch, Wrap Around
- Exterior features: Fenced Yard, Garden, Private Yard, Storage
- Pool features: Community
- Fencing: Back Yard, Fenced
- Has view: Yes
Lot
- Size: 0.28 Acres
- Dimensions: 28 x 165 x 19 x 149 x 109
- Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped
Details
- Additional structures: Garage(s), Pergola, Shed(s)
- Parcel number: 172508999321000 0207238
- Zoning: R6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement, Masonite
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Playground, Pool, Tennis Court(s), Other
- Subdivision: Winchester
HOA
- Has HOA: Yes
- Amenities included: Cabana, Landscaping, Playground, Pond Year Round, Pool, Tennis Court(s)
- Services included: None
- HOA fee: $183 quarterly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $407,274
- Annual tax amount: $3,643
- Date on market: 3/30/2026
- Road surface type: Paved
Estimated market value
$407,500
$387,000 - $428,000
$2,567/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Price change | $415,000-1.2%$151/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $420,000+5.3%$153/sqft |
Source: | ||
| 2/27/2026 | Listing removed | $399,000$145/sqft |
Source: | ||
| 12/24/2025 | Pending sale | $399,000$145/sqft |
Source: | ||
| 12/5/2025 | Price change | $399,000-8.3%$145/sqft |
Source: | ||
| 11/10/2025 | Pending sale | $435,000$159/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $435,000+68.6%$159/sqft |
Source: | ||
| 3/20/2008 | Sold | $258,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,572 +0.4% | $407,274 |
| 2024 | $3,557 +19.7% | $407,274 +50.4% |
| 2023 | $2,972 +7.6% | $270,780 |
| 2022 | $2,762 +4% | $270,780 |
| 2021 | $2,655 +1.8% | $270,780 |
| 2020 | $2,606 +5.9% | $270,780 +28.5% |
| 2019 | $2,461 | $210,670 |
| 2018 | $2,461 +11.3% | $210,670 |
| 2017 | $2,212 +2.1% | $210,670 |
| 2016 | $2,166 -8.5% | $210,670 -7.1% |
| 2015 | $2,368 +5.4% | $226,746 |
| 2014 | $2,246 | $226,746 |
| 2013 | -- | $226,746 |
| 2012 | -- | $226,746 |
| 2011 | -- | $226,746 |
| 2010 | -- | $226,746 |
| 2009 | -- | $226,746 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Northeast Raleigh
Getting around
25 / 100
Some TransitNearby schools
GreatSchools rating
- 4/10River Bend ElementaryGrades: PK-5Distance: 2.5 mi
- 2/10River Bend MiddleGrades: 6-8Distance: 2.5 mi
- 6/10Rolesville High SchoolGrades: 9-12Distance: 8.3 mi
Schools provided by the listing agent
- Elementary: Wake - River Bend
- Middle: Wake - River Bend
- High: Wake - Rolesville
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27616
- Northeast Raleigh
- 4500 Rivershyre Way






