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Single Family ResidenceResidential
Last sold for $305,500 on Dec 29, 2022

5205 INVENTION WAY

RALEIGH, NC 27616
2.5
Baths
1,753 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.
1,307 ft²
Lot SizeThe size of the land the home sits on, from county records.
2022
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$305,500 · Dec 29, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,899 (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.$330,148 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$75,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$255,148
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$330,148

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.Townhouse
CountyWAKE
Lot (acres)The size of the land the home sits on, from county records.0.03
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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

Neighborhood · ZIP 27616These 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.85
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.0%
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.61,672
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,721 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,896
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$98,558
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

5205 Invention Way 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.

  • Smaller than 66% of homes in Wake County
  • Has a smaller lot than 94% of homes in Wake County
  • Newer than 94% of homes in Forestville

How it measures up in Raleigh 27616

The dot is this home. The mark in the middle is the typical home in Raleigh 27616.

Living area1,753 ft²
SmallerTypical 1,818 ft²Bigger

Bigger than 46% of homes nearby

Lot size1,307 ft²
SmallerTypical 0.16 acBigger

Bigger than 8% of homes nearby

Year built2022
OlderTypical 2003Newer

Newer than 94% of homes nearby

How 5205 Invention Way ranks against every home in each area.
MeasureThis homeForestvilleRaleigh 27616Wake County
Living areabigger than1,753 ft²44% of homes46% of homes34% of homes
Lot sizebigger than1,307 ft²10% of homes8% of homes6% of homes
Year builtnewer than202294% of homes94% of homes93% of homes

About 5205 Invention Way

When did 5205 Invention Way, Raleigh, NC last sell?

5205 Invention Way, Raleigh, NC last sold on Dec 29, 2022 for $305,500, according to the county's recorded deed.

How big is 5205 Invention Way, Raleigh, NC?

5205 Invention Way, Raleigh, NC has 2.5 bathrooms, 1,753 square feet of living space and a 0.03-acre lot.

When was 5205 Invention Way, Raleigh, NC built?

5205 Invention Way, Raleigh, NC was built in 2022, making it 4 years old. It is a townhouse home. The building has 2 stories.

How does 5205 Invention Way, Raleigh, NC compare to other homes in Raleigh 27616?

Among the 18,463 homes in Raleigh 27616, it is bigger than 46% of them (1,753 ft² against a typical 1,818 ft²), its lot is bigger than 8% of them (1,307 ft² against a typical 0.16 ac) and it is newer than 94% of them (2022 against a typical 2003). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5205 Invention Way, Raleigh, NC?

The 2025 property tax bill for 5205 Invention Way, Raleigh, NC was $2,899. The county assessed it at $330,148.

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