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5500 Advancing Ave; Raleigh, NC Property Details

5500 Advancing Ave, Raleigh, NC is a Single Family that was built in 2019. This property is currently Financed,New Construction and is not for sale. Our records show that 5500 Advancing Ave has 3.5 bathrooms, and a total of 2,516 square feet. The lot size of 5500 Advancing Ave is 4,792 square feet.

Off market
5500 Advancing Ave Raleigh, NC 27616
$478,326 Estimated Value
3.5 Baths
2,516 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2019
  • Purchase Price: $367,500
  • Open Loans / Balance: 1 / $261,669
  • Est. Equity / %: $247,331 / 48.59%
  • Gross Yield: 6.304%
  • APN: 1736.02-88-1483-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,516/SqFt
  • Lot: 4,792/SqFt
  • Gross: 2,516/SqFt
  • Garage: 432/SqFt
  • Living: 2,516/SqFt
  • Building: 2,516/SqFt
  • Garage Unfinished: 432/SqFt
  • Price Per Square Foot: $146.07

Legal Description

  • Description: LO1156 5401 NORTH-LOT 20 BM2017-01503
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.86049 / -78.53364
  • Subdivision: 5401 North Subdivision
  • Property Class: Residential
  • Zoning: PD
  • County Use Code: 01

Amenities

  • Plus Four: 8092
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

5500 Advancing Ave has no associated ownership info
5500 Advancing Ave has no associated ownership info.

Taxes

5500 Advancing Ave has 10 associated Taxes items

5500 Advancing Ave, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $478,326. The APN we've located for 5500 Advancing Ave is 1736.02-88-1483-000.

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Taxes
  • Assessed Value:  $478,326
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1736.02-88-1483-000
  • Assessed Land Value:  85000
  • Market Land Value:  85000
  • Tax Amount:  4191.48
  • Tax Year:  2025
  • Market Value:  478326
  • Market Year:  2025

Tax History

5500 Advancing Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $478,326 Land Value $85,000 Improvement Value $393,326 Tax Amount $4,191.48 Change Rate +0.004125% Assessed CR Tax Rate +0.008763%
Year 2024 Assessed Value $478,326 Land Value $85,000 Improvement Value $393,326 Tax Amount $4,174.26 Change Rate +0.020285% Assessed CR Tax Rate +0.008727%
Year 2023 Assessed Value $373,511 Land Value $80,000 Improvement Value $293,511 Tax Amount $4,091.27 Change Rate +0.07614% Assessed CR Tax Rate +0.010954%
Year 2022 Assessed Value $373,511 Land Value $80,000 Improvement Value $293,511 Tax Amount $3,801.8 Change Rate +0.040372% Assessed CR Tax Rate +0.010179%
Year 2021 Assessed Value $373,511 Land Value $80,000 Improvement Value $293,511 Tax Amount $3,654.27 Change Rate +0.018532% Assessed CR Tax Rate +0.009784%
Year 2020 Assessed Value $373,511 Land Value $80,000 Improvement Value $293,511 Tax Amount $3,587.78 Change Rate +2.869812% Assessed CR Tax Rate +0.009606%
Year 2019 Assessed Value $80,000 Land Value $80,000 Improvement Value Tax Amount $927.12 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $80,000 Land Value $80,000 Improvement Value Tax Amount $874.08 Change Rate Assessed CR Tax Rate +0.010926%