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5505 Advancing Ave; Raleigh, NC Property Details

5505 Advancing Ave, Raleigh, NC is a Single Family that was built in 2019. This property is currently Financed and is not for sale. Our records show that 5505 Advancing Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,691 square feet. The lot size of 5505 Advancing Ave is 4,356 square feet.

Off market
5505 Advancing Ave Raleigh, NC 27616
$415,000 Listing Price
3 Beds
2.5 Baths
1,691 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2019
  • Purchase Price: $415,000
  • Open Loans / Balance: 1 / $349,852
  • Est. Equity / %: $98,148 / 21.91%
  • Gross Yield: 6.008%
  • APN: 1736.02-88-0674-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,691/SqFt
  • Lot: 4,356/SqFt
  • Gross: 1,691/SqFt
  • Garage: 400/SqFt
  • Living: 1,691/SqFt
  • Building: 1,691/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $245.42

Legal Description

  • Description: LO1076 5401 NORTH-LOT 20 BM2017-01502
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: 35.861065 / -78.53403
  • Subdivision: North Subdivision
  • Property Class: Residential
  • Zoning: PD
  • County Use Code: 01

Amenities

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

HOA

  • H O A One: $99
  • H O A Amount: $99
  • H O A One Type: Planned Unit Development

Ownership Info

5505 Advancing Ave has no associated ownership info
5505 Advancing Ave has no associated ownership info.

Taxes

5505 Advancing Ave has 10 associated Taxes items

5505 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 $380,574. The APN we've located for 5505 Advancing Ave is 1736.02-88-0674-000.

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Taxes
  • Assessed Value:  $380,574
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1736.02-88-0674-000
  • Assessed Land Value:  85000
  • Market Land Value:  85000
  • Tax Amount:  3338.99
  • Tax Year:  2025
  • Market Value:  380574
  • Market Year:  2025

Tax History

5505 Advancing Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $380,574 Land Value $85,000 Improvement Value $295,574 Tax Amount $3,338.99 Change Rate +0.00412% Assessed CR Tax Rate +0.008774%
Year 2024 Assessed Value $380,574 Land Value $85,000 Improvement Value $295,574 Tax Amount $3,325.29 Change Rate -0.015458% Assessed CR Tax Rate +0.008738%
Year 2023 Assessed Value $308,027 Land Value $80,000 Improvement Value $228,027 Tax Amount $3,377.5 Change Rate +0.076055% Assessed CR Tax Rate +0.010965%
Year 2022 Assessed Value $308,027 Land Value $80,000 Improvement Value $228,027 Tax Amount $3,138.78 Change Rate +0.04033% Assessed CR Tax Rate +0.01019%
Year 2021 Assessed Value $308,027 Land Value $80,000 Improvement Value $228,027 Tax Amount $3,017.1 Change Rate +0.018509% Assessed CR Tax Rate +0.009795%
Year 2020 Assessed Value $308,027 Land Value $80,000 Improvement Value $228,027 Tax Amount $2,962.27 Change Rate Assessed CR Tax Rate +0.009617%
Year 2019 Assessed Value $80,000 Land Value $80,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $80,000 Land Value $80,000 Improvement Value Tax Amount $874.08 Change Rate Assessed CR Tax Rate +0.010926%