Welcome to a charming ranch-style home on nearly half an acre in a well-established Raleigh neighborhood -- perfect for investors, DIY enthusiasts, or those looking to add their personal touch. This solidly built residence offers spacious living across the main level, including a formal living room, a cozy den, and a wood-burning fireplace that brings warmth and character to the heart of the home -- ideal for family gatherings or relaxation. With 4 bedrooms and 2.5 baths and just under 1,900 square feet of living space, the layout is generous and functional, lending itself beautifully to multigenerational living, future expansion, or flexible use of rooms. The large kitchen and open rooms provide an excellent base for updating to your taste, while the expansive lot gives you room to enjoy outdoor living, add a workshop, or even consider future landscaping possibilities. Whether you're a hands-on homeowner looking to make it your own, a fix & flip investor, or someone seeking a long-term hold with strong neighborhood appeal, this property presents excellent potential and is ready for its next chapter. Don't miss this rare opportunity to transform a classic ranch into something truly special!
For sale
Price cut: $10K (4/23)
$319,000
5413 Olive Rd, Raleigh, NC 27606
4beds
1,870sqft
Est.:
Single Family Residence, Residential
Built in 1960
0.47 Acres Lot
$316,800 Zestimate®
$171/sqft
$-- HOA
What's special
Wood-burning fireplaceLarge kitchenOpen roomsExpansive lotNearly half an acreCozy den
- 101 days |
- 2,794 |
- 97 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Rivera 910-580-6538,
eXp Realty
Source: Doorify MLS,MLS#: 10144342
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Fireplace(s), Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 1,870
- Total interior livable area: 1,870 sqft
- Finished area above ground: 1,870
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Has view: Yes
Lot
- Size: 0.47 Acres
Details
- Parcel number: 0782373759
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick Veneer
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Lakeside
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $355,866
- Annual tax amount: $2,296
- Date on market: 2/3/2026
Estimated market value
$316,800
$301,000 - $333,000
$2,495/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Price change | $319,000-3%$171/sqft |
Source: | ||
| 3/26/2026 | Price change | $329,000-7.3%$176/sqft |
Source: | ||
| 3/10/2026 | Price change | $355,000-4%$190/sqft |
Source: | ||
| 3/2/2026 | Price change | $369,900-2.7%$198/sqft |
Source: | ||
| 2/22/2026 | Price change | $380,000-2.6%$203/sqft |
Source: | ||
| 2/3/2026 | Listed for sale | $390,000+161.7%$209/sqft |
Source: | ||
| 8/1/2002 | Sold | $149,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,296 +3% | $355,866 |
| 2024 | $2,230 +5.6% | $355,866 +32.7% |
| 2023 | $2,111 +7.9% | $268,188 |
| 2022 | $1,957 +2.7% | $268,188 |
| 2021 | $1,905 +1.7% | $268,188 |
| 2020 | $1,873 +6% | $268,188 +25.4% |
| 2019 | $1,766 | $213,832 |
| 2018 | $1,766 +14.7% | $213,832 |
| 2017 | $1,540 +2.1% | $213,832 |
| 2016 | $1,509 +4.9% | $213,832 +4.7% |
| 2015 | $1,438 +5.5% | $204,225 |
| 2014 | $1,364 | $204,225 |
| 2013 | -- | $204,225 |
| 2012 | -- | $204,225 |
| 2011 | -- | $204,225 |
| 2010 | -- | $204,225 |
| 2009 | -- | $204,225 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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
- 4/10Dillard Drive ElementaryGrades: PK-5Distance: 0.3 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 0.4 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 1.4 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
- 27606
- 5413 Olive Rd






