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For sale
  • Price cut: $11K (5/14)
    $299,000

    5155 Sandy Banks Rd, Raleigh, NC 27616

    3beds
    2,056sqft
    : 
    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
    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.
    65 days
    |
    457
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tania Paul 919-840-8897,

    Tania Paul & Associates Realty

    Source: Doorify MLS,MLS#: 10152639MLS Logo

    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

        DateEventPrice
        5/14/2026Price change$299,000-3.5%$145/sqft
        Source: Doorify MLS #10152639 Report a problem
        4/10/2026Price change$310,000-1.6%$151/sqft
        Source: Doorify MLS #10152639 Report a problem
        3/13/2026Listed for sale$315,000+181.3%$153/sqft
        Source: Doorify MLS #10152639 Report a problem
        4/23/2012Sold$112,000-7.3%$54/sqft
        Source: Public Record Report a problem
        3/8/2012Listed for sale$120,780+14.4%$59/sqft
        Source: Re/Max One Realty #1824630 Report a problem
        1/19/2012Sold$105,619-33.8%$51/sqft
        Source: Public Record Report a problem
        4/27/2006Sold$159,500$78/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

          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

          Getting around

          28 / 100
          Car-Dependent
          21 / 100
          Minimal Transit
          32 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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