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5609 Olde South Rd; Raleigh, NC Property Details

5609 Olde South Rd, Raleigh, NC is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 5609 Olde South Rd has 2.5 bathrooms, and a total of 2,376 square feet. The lot size of 5609 Olde South Rd is 49,223 square feet.

Off market
5609 Olde South Rd Raleigh, NC 27606
$552,491 Estimated Value
2.5 Baths
2,376 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1997
  • Purchase Price: $190,000
  • Est. Equity / %: $630,000 / 100%
  • Gross Yield: 7.069%
  • APN: 0781.04-62-2705-000
  • Situs County: Wake
  • Length Of Ownership: 28 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Pool Type: Yes

Measurements

  • Total: 2,376/SqFt
  • Lot: 49,223/SqFt
  • Gross: 2,376/SqFt
  • Garage: 441/SqFt
  • Living: 2,376/SqFt
  • Building: 2,376/SqFt
  • Garage Unfinished: 441/SqFt
  • Price Per Square Foot: $79.97

Legal Description

  • Description: LO2 REV PENNY WOODS PH2 BM1984-170
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: 35.70803 / -78.70964
  • Subdivision: Rev Penny Woods Ph2
  • Property Class: Residential
  • Zoning: R-40W
  • County Use Code: 01

Amenities

  • Pool: true
  • Plus Four: 9250
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

5609 Olde South Rd has no associated ownership info
5609 Olde South Rd has no associated ownership info.

Taxes

5609 Olde South Rd has 10 associated Taxes items

5609 Olde South Rd, 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 $552,491. The APN we've located for 5609 Olde South Rd is 0781.04-62-2705-000.

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Taxes
  • Assessed Value:  $552,491
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0781.04-62-2705-000
  • Assessed Land Value:  130920
  • Market Land Value:  130920
  • Tax Amount:  2999.98
  • Tax Year:  2025
  • Market Value:  552491
  • Market Year:  2025

Tax History

5609 Olde South Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $552,491 Land Value $130,920 Improvement Value $421,571 Tax Amount $2,999.98 Change Rate -0.130685% Assessed CR Tax Rate +0.00543%
Year 2024 Assessed Value $552,491 Land Value $130,920 Improvement Value $421,571 Tax Amount $3,450.97 Change Rate +1.381918% Assessed CR Tax Rate +0.006246%
Year 2023 Assessed Value $369,073 Land Value $92,450 Improvement Value $276,623 Tax Amount $1,448.82 Change Rate +0.079196% Assessed CR Tax Rate +0.003926%
Year 2022 Assessed Value $369,073 Land Value $92,450 Improvement Value $276,623 Tax Amount $1,342.5 Change Rate -0.14272% Assessed CR Tax Rate +0.003637%
Year 2021 Assessed Value $369,073 Land Value $92,450 Improvement Value $276,623 Tax Amount $1,566 Change Rate +0.219626% Assessed CR Tax Rate +0.004243%
Year 2020 Assessed Value $369,073 Land Value $92,450 Improvement Value $276,623 Tax Amount $1,284 Change Rate -0.11326% Assessed CR Tax Rate +0.003479%
Year 2019 Assessed Value $263,716 Land Value $66,000 Improvement Value $197,716 Tax Amount $1,448 Change Rate +0.449449% Assessed CR Tax Rate +0.005491%
Year 2018 Assessed Value $263,716 Land Value $66,000 Improvement Value $197,716 Tax Amount $999 Change Rate -0.229167% Assessed CR Tax Rate +0.003788%
Year 2017 Assessed Value $263,716 Land Value $66,000 Improvement Value $197,716 Tax Amount $1,296 Change Rate +0.08% Assessed CR Tax Rate +0.004914%
Year 2016 Assessed Value $263,716 Land Value $66,000 Improvement Value $197,716 Tax Amount $1,200 Change Rate +0.290739% Assessed CR Tax Rate +0.00455%
Year 2015 Assessed Value $264,851 Land Value $64,000 Improvement Value $200,851 Tax Amount $929.7 Change Rate +0.106786% Assessed CR Tax Rate +0.00351%
Year 2014 Assessed Value $253,902 Land Value $64,000 Improvement Value $189,902 Tax Amount $840 Change Rate Assessed CR Tax Rate +0.003308%