Price Improvement! Welcome Home to 5405 Millrace Trail, Raleigh. In addition to major maintenance items already completed - including a new roof in 2017, HVAC system and ductwork in 2018, and exterior painting in 2025 - the seller has recently made additional improvements to the crawlspace, electrical systems, siding, trim, and deck. The home is an exceptional value in an unbeatable location! Featuring a welcoming family room filled with natural light from abundant windows and soaring vaulted ceilings, the open-concept main level includes a stunning dining area and spacious kitchen that flow seamlessly to a large deck and private backyard, making entertaining family and friends a joy. The generously sized primary suite on the main level also features vaulted ceilings, double closets, and an en-suite bath with a tiled walk-in shower with bench, double vanity, and separate water closet. An added bonus is a light-filled flex space—rarely offered in this floor plan—perfect for a home office, den, or nursery. Additional highlights include a laundry room with an attached storage closet and a conveniently located powder room. Upstairs, the bright and airy design continues with an open-to-below landing spacious enough for a desk or sitting area. Two additional bedrooms, each with large closets and charming window-seat nooks beneath double windows, share a full bath. The fully fenced backyard, framed by a classic white picket fence and backing to HOA-owned and maintained land for added privacy, features a spacious deck that steps down to a patio below. Storage is plentiful, with a conveying shed and a 10' x 9' storage area attached to the home that was formerly a garage. Located in the friendly Yates Mill Run community with low HOA fees, residents enjoy a large central park, open green space, picnic areas, and a playground. The location simply can't be beat - just 3 miles from Cary Crossroads with shopping, dining, and everyday conveniences, and only 3 miles to both I-40 and the Beltline (I-440), providing easy access throughout the Triangle region. Pack your boxes - welcome home!
For sale
$418,000
5405 Millrace Trl, Raleigh, NC 27606
3beds
1,681sqft
Single Family Residence, Residential
Built in 1987
8,712 Square Feet Lot
$410,400 Zestimate®
$249/sqft
$16/mo HOA
What's special
Large deckSoaring vaulted ceilingsPrivate backyardSpacious kitchenConveniently located powder roomSeparate water closetDouble vanity
- 2 days |
- 513 |
- 45 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alicia Dixon 919-270-4637,
RE/MAX United
Source: Doorify MLS,MLS#: 10165013
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric, Heat Pump
Appliances
- Included: Built-In Electric Range, Dishwasher, Electric Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator
- Laundry: Laundry Room, Main Level
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Open Floorplan, Pantry, Master Downstairs, Separate Shower, Storage
- Flooring: Carpet, Parquet, Tile
- Windows: Blinds, Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Family Room, Stone, Wood Burning
Interior area
- Total structure area: 1,681
- Total interior livable area: 1,681 sqft
- Finished area above ground: 1,681
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Concrete
Features
- Levels: One and One Half
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch
- Exterior features: Fenced Yard, Private Yard, Storage
- Fencing: Back Yard, Wood
- Has view: Yes
Lot
- Size: 8,712 Square Feet
- Features: Back Yard, Front Yard, Interior Lot, Landscaped, Rectangular Lot
Details
- Additional structures: Shed(s)
- Parcel number: 078203305281000 0161076
- Zoning: R-40W
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional, Transitional
- Property subtype: Single Family Residence, Residential
Materials
- Brick Veneer, Masonite, Wood Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Septic Connected, Sewer Connected, Water Connected, Underground Utilities
Community & HOA
Community
- Features: Park, Playground
- Subdivision: Yates Mill Run
HOA
- Has HOA: Yes
- Amenities included: Picnic Area, Playground
- Services included: Insurance
- HOA fee: $189 annually
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $366,786
- Annual tax amount: $2,365
- Date on market: 6/9/2026
- Road surface type: Asphalt
Estimated market value
$410,400
$390,000 - $431,000
$2,180/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $418,000-1.6%$249/sqft |
Source: | ||
| 5/27/2026 | Listing removed | $425,000$253/sqft |
Source: | ||
| 5/17/2026 | Pending sale | $425,000$253/sqft |
Source: | ||
| 5/5/2026 | Listed for sale | $425,000+168.1%$253/sqft |
Source: | ||
| 8/27/2012 | Sold | $158,500+2.3%$94/sqft |
Source: Public Record Report a problem | ||
| 8/27/2001 | Sold | $155,000+14.8%$92/sqft |
Source: Public Record Report a problem | ||
| 1/20/1999 | Sold | $135,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,366 +3% | $366,786 |
| 2024 | $2,298 +19.3% | $366,786 +50% |
| 2023 | $1,927 +7.9% | $244,523 |
| 2022 | $1,786 +2.7% | $244,523 |
| 2021 | $1,738 +1.7% | $244,523 |
| 2020 | $1,710 +4.5% | $244,523 +23.6% |
| 2019 | $1,635 | $197,799 |
| 2018 | $1,635 +14.7% | $197,799 |
| 2017 | $1,426 +2.1% | $197,799 |
| 2016 | $1,398 +11.7% | $197,799 +11.5% |
| 2015 | $1,252 +5.5% | $177,358 |
| 2014 | $1,187 | $177,358 |
| 2013 | -- | $177,358 |
| 2012 | -- | $177,358 |
| 2011 | -- | $177,358 |
| 2010 | -- | $177,358 |
| 2009 | -- | $177,358 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 27606
Nearby schools
GreatSchools rating
- 7/10Yates Mill ElementaryGrades: PK-5Distance: 0.9 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 1.7 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Wake - Yates Mill Elementary
- Middle: Wake - Dillard Drive Middle
- High: Wake - Athens Drive High
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
- 27606
- 5405 Millrace Trl





