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TownhouseResidential
$175,486$125 / 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 85How 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 $115,000 on Jan 27, 2015

5516 OLDTOWNE RD

RALEIGH, NC 27612
2
Baths
1,400 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.
871 ft²
Lot SizeThe size of the land the home sits on, from county records.
1981
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$175K
$150K low$201K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$115,000 · Jan 27, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,316 (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.$263,251 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$55,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$208,251
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$263,251
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$263,251

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.11
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
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.Townhouse
StyleThe architectural style of the home, such as ranch or colonial.Townhouse
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.1991
Lot (acres)The size of the land the home sits on, from county records.0.02
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
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
FireplaceWhether the home has a fireplace, and what kind.Yes
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.Deck · 184 ft²

Transaction History(6)

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

Foreclosure Filings(4)

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

E
Lynn Road Elementary SchoolB
Elementary · Grades PK–5 · 1.1 mi
H
Sanderson High SchoolC+
High · Grades 9–12 · 1.3 mi
M
Carroll Magnet Middle SchoolC
Middle · Grades 6–8 · 1.6 mi

District: Wake County Public Schools

Neighborhood · ZIP 27612These 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.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.41

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.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.1%
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.42,531
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,247 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$99,190
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$121,138
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.46 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

5516 Oldtowne 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.

  • Among the least valuable homes in Midtown Raleigh
  • Among the lowest price per square foot in Midtown Raleigh
  • Smaller than 90% of homes in Midtown Raleigh
  • Among the smallest lots in Wake County
  • Older than 82% of homes in Wake County

What homes are worth in Raleigh 27612

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

This home
$225K$1.4M

This home is worth less than almost all homes in Raleigh 27612.

How it measures up in Raleigh 27612

The dot is this home. The mark in the middle is the typical home in Raleigh 27612.

Estimated value$175,486
CheaperTypical $560,215Pricier

Cheaper than almost all homes nearby

Price per ft²$125
CheaperTypical $254Pricier

Cheaper than almost all homes nearby

Living area1,400 ft²
SmallerTypical 2,222 ft²Bigger

Bigger than 16% of homes nearby

Lot size871 ft²
SmallerTypical 0.3 acBigger

Bigger than 2% of homes nearby

Year built1981
OlderTypical 1990Newer

Newer than 33% of homes nearby

How 5516 Oldtowne Rd ranks against every home in each area.
MeasureThis homeMidtown RaleighRaleigh 27612Wake County
Estimated valuepricier than$175,486almost no homesalmost no homesalmost no homes
Price per ft²pricier than$125almost no homesalmost no homesalmost no homes
Living areabigger than1,400 ft²10% of homes16% of homes17% of homes
Lot sizebigger than871 ft²2% of homes2% of homesalmost no homes
Year builtnewer than198167% of homes33% of homes18% of homes

About 5516 Oldtowne Rd

How much is 5516 Oldtowne Rd, Raleigh, NC worth?

The TopHap Estimate for 5516 Oldtowne Rd, Raleigh, NC is $175,486 as of Sep 24, 2026. The likely range is $149,516 to $201,456. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5516 Oldtowne Rd, Raleigh, NC last sell?

5516 Oldtowne Rd, Raleigh, NC last sold on Jan 27, 2015 for $115,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 5516 Oldtowne Rd, Raleigh, NC?

5516 Oldtowne Rd, Raleigh, NC has 2 bathrooms, 1,400 square feet of living space and a 0.02-acre lot.

When was 5516 Oldtowne Rd, Raleigh, NC built?

5516 Oldtowne Rd, Raleigh, NC was built in 1981, making it 45 years old. It is a townhouse home. The building has 2 stories.

What schools serve 5516 Oldtowne Rd, Raleigh, NC?

5516 Oldtowne Rd, Raleigh, NC is assigned to Lynn Road Elementary School (elementary), rated B; Sanderson High School (high), rated C+; Carroll Magnet Middle School (middle), rated C. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5516 Oldtowne Rd, Raleigh, NC compare to other homes in Raleigh 27612?

Among the 11,642 homes in Raleigh 27612, it is worth more than almost none of them ($175,486 against a typical $560,215), its price per square foot is higher than almost none of them ($125 against a typical $254), it is bigger than 16% of them (1,400 ft² against a typical 2,222 ft²), its lot is bigger than 2% of them (871 ft² against a typical 0.3 ac) and it is newer than 33% of them (1981 against a typical 1990). Measured against all of Wake County, it is worth more than almost no 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 5516 Oldtowne Rd, Raleigh, NC?

The 2025 property tax bill for 5516 Oldtowne Rd, Raleigh, NC was $2,316. The county assessed it at $263,251.

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