BACK ON MARKET DUE TO NO FAULT OF SELLER. SELLING AGENT WILLING TO ACCEPT CALLS. Welcome to this beautifully maintained townhouse offering modern comfort and convenience. The open-concept main level features a bright living area, spacious kitchen with ample cabinet space, and a dining area designed for everyday living and entertaining. The first floor primary suite includes a private bath and generous closet space, accompanied by two additional bedrooms upstairs, that provide flexibility for guests. The bonus room and loft area on the second level provide that extra space you need for an office or hobbies. Enjoy the privacy-fenced turf backyard and covered patio for outdoor relaxation. Community amenities including a pool, coffee shop, brewery, clubhouse, and Neuse River trails, make 5401 uniquely special. Easy access to I-540, makes shopping and dining a breeze. This home truly combines comfort with convenience.
Sold for $365,000
$365,000
5523 Wallace Martin Way, Raleigh, NC 27616
3beds
2,076sqft
Townhouse, Residential
Built in 2019
3,049.2 Square Feet Lot
$364,800 Zestimate®
$176/sqft
$2,063 Estimated rent
Home value
$364,800
$347,000 - $383,000
$2,063/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$2,063/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$2,063/mo
Rent Zestimate®
Refinance and save
$2,298/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$2,298/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: February 09, 2026 at 07:41am
Listed by:
Mitchell Conklin 402-202-4490,
Raleigh Custom Realty, LLC,
Steve Wall 919-208-7226,
Raleigh Custom Realty, LLC
Bought with:
Tye Williams, 323742
Nest Realty of the Triangle
Source: Doorify MLS,MLS#: 10125974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Laundry Closet, Lower Level
Features
- Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Vinyl
- Number of fireplaces: 1
- Common walls with other units/homes: 1 Common Wall, End Unit
Interior area
- Total structure area: 2,076
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Alley Access, Detached
- Garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Closets, Accessible Hallway(s), Accessible Washer/Dryer, Central Living Area
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Exterior features: Fenced Yard, Private Yard, Rain Gutters
- Pool features: Community
- Fencing: Back Yard, Privacy, Vinyl
- Has view: Yes
Lot
- Size: 3,049 sqft
- Features: Back Yard, Rectangular Lot
Details
- Additional structures: Garage(s)
- Parcel number: 1736886207
- Zoning: PD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Craftsman, Traditional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Fiber Cement, Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Clubhouse, Fitness Center, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights
Location
- Region: Raleigh
- Subdivision: 5401 North
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $224 monthly
- Amenities included: Clubhouse, Dog Park, Fitness Center, Landscaping, Park, Parking, Picnic Area, Playground, Pool, Recreation Facilities
- Services included: Maintenance Grounds
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $365,000-2.7%$176/sqft |
Source:  Doorify MLS #10125974 Report a problem | ||
| 12/26/2025 | Pending sale | $375,000$181/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 12/2/2025 | Price change | $375,000-2.6%$181/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 11/29/2025 | Price change | $385,000-1.3%$185/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 11/17/2025 | Listed for sale | $389,999$188/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,474 +0.4% | $396,022 |
| 2024 | $3,459 +10.3% | $396,022 +38.6% |
| 2023 | $3,135 +7.6% | $285,824 |
Find assessor info on the county website
Neighborhood: 27616
Nearby schools
GreatSchools rating
- 4/10River Bend ElementaryGrades: PK-5Distance: 0.4 mi
- 2/10River Bend MiddleGrades: 6-8Distance: 0.1 mi
- 6/10Rolesville High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- Elementary: Wake - River Bend
- Middle: Wake - River Bend
- High: Wake - Rolesville
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$364,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$364,800
- North Carolina
- Wake County
- Raleigh
- 27616
- 5523 Wallace Martin Way