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Single Family ResidenceResidential
$664,269$253 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5518 PARKWOOD DR

RALEIGH, NC 27612
2
Baths
2,628 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.
2.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1965
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
9
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$664K
$624K low$705K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$539,269
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$431,415
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.19%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$125,000
BRANCH BANKING & TRUST CO · E · recorded Mar 31, 2009

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,655 (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.$646,087 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$385,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$261,087
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$646,087
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$646,087

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.32
100
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
15
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.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

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
Lot (acres)The size of the land the home sits on, from county records.2.14
ConstructionThe main material the home's frame and walls are built from.Frame (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

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

E
York Elementary SchoolB+
Elementary · Grades PK–5 · 0.8 mi
H
Sanderson High SchoolB-
High · Grades 9–12 · 2.8 mi
M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 3.8 mi

District: Wake County 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

5518 Parkwood Dr 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.

  • Worth more than 75% of homes in Northwest Raleigh
  • Costs more per square foot than 65% of homes in Northwest Raleigh
  • Bigger than 71% of homes in Northwest Raleigh
  • Among the largest lots in Northwest Raleigh
  • Older than 96% of homes in Northwest Raleigh

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
$223K$1.5M

This home is worth more than 66% of 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$664,269
CheaperTypical $571,619Pricier

Pricier than 66% of homes nearby

Price per ft²$253
CheaperTypical $256Pricier

Pricier than 48% of homes nearby

Living area2,628 ft²
SmallerTypical 2,210 ft²Bigger

Bigger than 68% of homes nearby

Lot size2.14 ac
SmallerTypical 0.3 acBigger

Bigger than 98% of homes nearby

Year built1965
OlderTypical 1990Newer

Newer than 10% of homes nearby

How 5518 Parkwood Dr ranks against every home in each area.
MeasureThis homeNorthwest RaleighRaleigh 27612Wake County
Estimated valuepricier than$664,26975% of homes66% of homes74% of homes
Price per ft²pricier than$25365% of homes48% of homes65% of homes
Living areabigger than2,628 ft²71% of homes68% of homes69% of homes
Lot sizebigger than2.14 acalmost all homes98% of homes97% of homes
Year builtnewer than19654% of homes10% of homes8% of homes

About 5518 Parkwood Dr

How much is 5518 Parkwood Dr, Raleigh, NC worth?

The TopHap Estimate for 5518 Parkwood Dr, Raleigh, NC is $664,269 as of Jul 14, 2026. The likely range is $623,685 to $704,853. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5518 Parkwood Dr, Raleigh, NC last sell?

5518 Parkwood Dr, Raleigh, NC last sold on Jul 28, 2012, according to the county's recorded deed.

How big is 5518 Parkwood Dr, Raleigh, NC?

5518 Parkwood Dr, Raleigh, NC has 2 bathrooms, 2,628 square feet of living space and a 2.14-acre lot.

When was 5518 Parkwood Dr, Raleigh, NC built?

5518 Parkwood Dr, Raleigh, NC was built in 1965, making it 61 years old. It is a conventional home. The building has 1 story.

What schools serve 5518 Parkwood Dr, Raleigh, NC?

5518 Parkwood Dr, Raleigh, NC is assigned to York Elementary School (elementary), rated B+; Sanderson High School (high), rated B-; Oberlin Magnet Middle School (middle), rated A-. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5518 Parkwood Dr, Raleigh, NC compare to other homes in Raleigh 27612?

Among the 11,636 homes in Raleigh 27612, it is worth more than 66% of them ($664,269 against a typical $571,619), its price per square foot is higher than 48% of them ($253 against a typical $256), it is bigger than 68% of them (2,628 ft² against a typical 2,210 ft²), its lot is bigger than 98% of them (2.14 ac against a typical 0.3 ac) and it is newer than 10% of them (1965 against a typical 1990). Measured against all of Wake County, it is worth more than 74% 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 5518 Parkwood Dr, Raleigh, NC?

The 2025 property tax bill for 5518 Parkwood Dr, Raleigh, NC was $5,655. The county assessed it at $646,087.

Closest homes

More homes in Raleigh 27612

Assigned schools

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