Home Buyers and Investors Alert!! More space. More value. low cost and great location combination. Newly Priced at $299,000, lower than market!! At over 2,000 square feet across three thoughtfully laid-out levels, this NE Raleigh townhome gives you room to actually live -- not just exist in. The ground floor offers a large bonus room that works beautifully as a home office, playroom, gym, or guest suite, with direct access to the garage and outdoors. This kind of flexible first-floor space is genuinely hard to find at this price point. Head upstairs to the main living level, where a spacious eat-in kitchen opens to separate living and family/dining areas -- giving everyone room to gather, or space to spread out. All three bedrooms are tucked privately on the top floor, including a generous primary suite. Outside, you're minutes from I-540, Wake Tech, Triangle Town Center, and some of the best dining and retail in the Triangle. Comes with the community pool and amenities with very low HOA fees. It's an ideal find for a real estate investor as well as the numbers make sense --constant flow of tenants and the convenience of the tenants' desired lifestyle. This home has been priced to move -- come see why the value here is real.
For sale
Price cut: $11K (5/14)
$299,000
5155 Sandy Banks Rd, Raleigh, NC 27616
3beds
2,056sqft
Est.:
Townhouse, Residential
Built in 2005
2,178 Square Feet Lot
$295,100 Zestimate®
$145/sqft
$90/mo HOA
What's special
Community pool and amenitiesGenerous primary suiteSpacious eat-in kitchen
- 65 days |
- 457 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Tania Paul 919-840-8897,
Tania Paul & Associates Realty
Source: Doorify MLS,MLS#: 10152639
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
- Laundry: Laundry Closet, Main Level
Features
- Entrance Foyer
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 2,056
- Total interior livable area: 2,056 sqft
- Finished area above ground: 2,056
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Three Or More
- Stories: 2
- Has view: Yes
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: 173818218996000 0300485
- Zoning: R-10
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse, Residential
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle, Other
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
- Subdivision: Thornton Square
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds
- Services included: Maintenance Grounds
- HOA fee: $90 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $318,435
- Annual tax amount: $2,797
- Date on market: 3/13/2026
Estimated market value
$295,100
$280,000 - $310,000
$1,997/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Price change | $299,000-3.5%$145/sqft |
Source: | ||
| 4/10/2026 | Price change | $310,000-1.6%$151/sqft |
Source: | ||
| 3/13/2026 | Listed for sale | $315,000+181.3%$153/sqft |
Source: | ||
| 4/23/2012 | Sold | $112,000-7.3%$54/sqft |
Source: Public Record Report a problem | ||
| 3/8/2012 | Listed for sale | $120,780+14.4%$59/sqft |
Source: Re/Max One Realty #1824630 Report a problem | ||
| 1/19/2012 | Sold | $105,619-33.8%$51/sqft |
Source: Public Record Report a problem | ||
| 4/27/2006 | Sold | $159,500$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,797 +0.4% | $318,435 |
| 2024 | $2,786 +31.8% | $318,435 +65.8% |
| 2023 | $2,114 +7.6% | $192,094 |
| 2022 | $1,965 +4% | $192,094 |
| 2021 | $1,889 +1.8% | $192,094 |
| 2020 | $1,855 -1.7% | $192,094 +19.3% |
| 2019 | $1,887 | $161,077 |
| 2018 | $1,887 +11.3% | $161,077 |
| 2017 | $1,696 +2.1% | $161,077 |
| 2016 | $1,661 -9.5% | $161,077 -8.2% |
| 2015 | $1,836 +5.4% | $175,377 |
| 2014 | $1,742 | $175,377 |
| 2013 | -- | $175,377 |
| 2012 | -- | $175,377 |
| 2011 | -- | $175,377 |
| 2010 | -- | $175,377 |
| 2009 | -- | $175,377 |
| 2008 | -- | -- |
| 2007 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
GreatSchools rating
- 4/10Wildwood Forest ElementaryGrades: PK-5Distance: 0.3 mi
- 1/10East Millbrook MiddleGrades: 6-8Distance: 3.2 mi
- 8/10Wakefield HighGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
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
- 5155 Sandy Banks Rd





