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Single Family ResidenceResidential
$396,788$200 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $173,500 on Jun 28, 2005

5116 OLDE SOUTH RD

RALEIGH, NC 27606
2
Baths
1,980 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.1 ac
Lot SizeThe size of the land the home sits on, from county records.
1930
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$397K
$348K low$446K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$173,500 · Jun 28, 2005

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,918 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$453,020 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$210,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$243,020
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$453,020
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$453,020

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.13
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
20
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWake
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1960
Lot (acres)The size of the land the home sits on, from county records.1.10
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 469 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Yates Mill Elementary SchoolB
Elementary · Grades PK–5 · 1.5 mi
M
Dillard Drive Magnet Middle SchoolC+
Middle · Grades 6–8 · 2.4 mi
H
Athens Drive Magnet High SchoolB
High · Grades 9–12 · 3.5 mi

District: Wake County Public Schools

Neighborhood · ZIP 27606These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.56,581
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,207 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,296
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,181
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5116 Olde South Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs less per square foot than 76% of homes in Raleigh 27606
  • Has a bigger lot than 92% of homes in Wake County
  • Among the oldest homes in Raleigh 27606

What homes are worth in Raleigh 27606

Each bar is how many homes fall in that price range. The marker is this home.

This home
$88K$1.3M

This home is worth more than 46% of homes in Raleigh 27606.

How it measures up in Raleigh 27606

The dot is this home. The mark in the middle is the typical home in Raleigh 27606.

Estimated value$396,788
CheaperTypical $415,715Pricier

Pricier than 46% of homes nearby

Price per ft²$200
CheaperTypical $240Pricier

Pricier than 24% of homes nearby

Living area1,980 ft²
SmallerTypical 1,778 ft²Bigger

Bigger than 57% of homes nearby

Lot size1.1 ac
SmallerTypical 0.36 acBigger

Bigger than 84% of homes nearby

Year built1930
OlderTypical 1987Newer

Older than almost all homes nearby

How 5116 Olde South Rd ranks against every home in each area.
MeasureThis homeRaleigh 27606Wake County
Estimated valuepricier than$396,78846% of homes37% of homes
Price per ft²pricier than$20024% of homes31% of homes
Living areabigger than1,980 ft²57% of homes44% of homes
Lot sizebigger than1.1 ac84% of homes92% of homes
Year builtnewer than1930almost no homes2% of homes

About 5116 Olde South Rd

How much is 5116 Olde South Rd, Raleigh, NC worth?

The TopHap Estimate for 5116 Olde South Rd, Raleigh, NC is $396,788 as of Sep 24, 2026. The likely range is $347,632 to $445,944. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5116 Olde South Rd, Raleigh, NC last sell?

5116 Olde South Rd, Raleigh, NC last sold on Jun 28, 2005 for $173,500, according to the county's recorded deed.

How big is 5116 Olde South Rd, Raleigh, NC?

5116 Olde South Rd, Raleigh, NC has 2 bathrooms, 1,980 square feet of living space and a 1.10-acre lot.

When was 5116 Olde South Rd, Raleigh, NC built?

5116 Olde South Rd, Raleigh, NC was built in 1930, making it 96 years old. It is a conventional home. The building has 1 story.

What schools serve 5116 Olde South Rd, Raleigh, NC?

5116 Olde South Rd, Raleigh, NC is assigned to Yates Mill Elementary School (elementary), rated B; Dillard Drive Magnet Middle School (middle), rated C+; Athens Drive Magnet High School (high), rated B. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5116 Olde South Rd, Raleigh, NC compare to other homes in Raleigh 27606?

Among the 11,343 homes in Raleigh 27606, it is worth more than 46% of them ($396,788 against a typical $415,715), its price per square foot is higher than 24% of them ($200 against a typical $240), it is bigger than 57% of them (1,980 ft² against a typical 1,778 ft²), its lot is bigger than 84% of them (1.1 ac against a typical 0.36 ac) and it is newer than almost none of them (1930 against a typical 1987). Measured against all of Wake County, it is worth more than 37% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5116 Olde South Rd, Raleigh, NC?

The 2025 property tax bill for 5116 Olde South Rd, Raleigh, NC was $2,918. The county assessed it at $453,020.

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