For sale

$425,000

5302 Olive Rd, Raleigh, NC 27606

3beds

1,620sqft

$2,531/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1969

0.47 Acres Lot

$412,700 Zestimate^®

$262/sqft

$-- HOA

What's special

Single level livingLovely half acre lotLoads of kitchen cabinetsLarge fenced backyardNewer windowsHardwood and lvp flooringUnder the cabinet lighting

Nicely updated all brick ranch home close to everything! Hard to find single level living. Fabulous location-close to NC State, DT Raleigh, Cary, walk to Lake Johnson. Easy access to 440. NO CITY TAXES. NO HOA. Lovely half acre lot with large fenced backyard. Property backs to Dillard Dr. Elementary for extra privacy. Great outdoor living space. Interior has been nicely updated with loads of kitchen cabinets, under the cabinet lighting, newer appliances, hardwood and LVP flooring- NO CARPET! Newer windows, water heater. This home is truly move in ready. All appliances and window treatments convey.

10 hours
260
28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Forced Air, Propane, None

Cooling

Ceiling Fan(s), Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Range, Self Cleaning Oven, Washer/Dryer
Laundry: Inside, Laundry Room

Features

Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Separate Shower, Smooth Ceilings, Solar Tube(s)
Flooring: Hardwood, Vinyl, Tile
Doors: Storm Door(s)
Windows: Double Pane Windows, Drapes, Screens, Window Treatments
Number of fireplaces: 1
Fireplace features: Family Room, Masonry, Raised Hearth
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,620
Total interior livable area: 1,620 sqft
Finished area above ground: 1,620
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Driveway, Off Street, Paved, Private
Uncovered spaces: 4
Details: driveway and parking pad

Accessibility

Accessibility features: Level Flooring

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch, Patio
Exterior features: Fenced Yard, Rain Gutters
Fencing: Back Yard
Has view: Yes

Lot

Size: 0.47 Acres
Features: Back Yard, Front Yard, Hardwood Trees, Landscaped

Details

Parcel number: 078206296144000 0029250
Zoning: R-4

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch, Traditional
Property subtype: Single Family Residence, Residential

Materials

Block, Brick, Brick Veneer, Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1969
Major remodel year: 1969

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Phone Available, Septic Connected, Water Connected, Propane

Community & HOA

Community

Features: Street Lights
Subdivision: Lakeside

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $262/sqft
Tax assessed value: $334,920
Annual tax amount: $2,162
Date on market: 8/28/2026
Road surface type: Paved

Estimated market value

$412,700

$392,000 - $433,000

$2,418/mo

Price history

Date	Event	Price
8/28/2026	Listed for sale	$425,000+120.2%$262/sqft
Source: Doorify MLS #10189355 Report a problem
8/13/2026	Listing removed	$2,600$2/sqft
Source: Zillow Rentals Report a problem
7/23/2026	Listed for rent	$2,600$2/sqft
Source: Zillow Rentals Report a problem
7/14/2016	Sold	$193,000-1%$119/sqft
Source: Doorify MLS #2071142 Report a problem
6/6/2016	Pending sale	$195,000$120/sqft
Source: Berkshire Hathaway HomeServices Carolinas Realty #2071142 Report a problem
6/4/2016	Listed for sale	$195,000+62.5%$120/sqft
Source: Berkshire Hathaway HomeServices Carolinas Realty #2071142 Report a problem
1/31/2000	Sold	$120,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,162 +3%	$334,920
2024	$2,100 +17.9%	$334,920 +48.3%
2023	$1,781 +7.9%	$225,795
2022	$1,651 +2.7%	$225,795
2021	$1,607 +1.7%	$225,795
2020	$1,580 +5.6%	$225,795 +24.9%
2019	$1,496	$180,785
2018	$1,496 +14.6%	$180,785
2017	$1,305 +2%	$180,785
2016	$1,279 +4.3%	$180,785 +4%
2015	$1,227 +5.5%	$173,768
2014	$1,163	$173,768
2013	--	$173,768
2012	--	$173,768
2011	--	$173,768
2010	--	$173,768
2009	--	$173,768
2008	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--