*$5000 SELLER PAID CLOSING COSTS OFFERED TO BUYER WITH ACCEPTABLE OFFER* Stunning modern cottage in the highly desirable 5401 North neighborhood! This home shows like a model with thoughtful design and countless upgrades. Meticulously maintained and feeling like new, it features LVP floors throughout the first level, wooden stair treads, and custom features like built-in shelves, tray ceilings, and wainscoting. The open floor plan connects the kitchen, living room, and dining area, making it perfect for entertaining! The kitchen features a spacious island with pendant lighting, a 5-burner gas range, upgraded appliances, quartz countertops, and stunning tile backsplash. Cozy up at the gas fireplace in the living room. The first floor primary offers comfort and luxury, complete with two walk-in closets and bathroom featuring dual vanities and a large tiled shower. Upstairs, you'll find a versatile loft, perfect as an office, playroom, secondary living space, or gym! Two additional bedrooms connected by a jack and jill bath. A huge walk-in attic provides excellent storage options! With ample storage throughout, this home is as functional as it is beautiful. Attached 2 car garage! Step outside to relax on the screened porch or enjoy the vibrant 5401 North community, offering resort-style amenities like a pool, clubhouse, gym, dog park, outdoor fitness park, community farm, and greenway access. The HOA covers lawn care and amenities for a low-maintenance lifestyle. Conveniences abound in the neighborhood, including childcare and schools, coffee shop, and local favorite Heyday Brewing. Just 20 minutes to RDU Airport and Downtown Raleigh, this home truly has it all.
Sold for $452,000
$452,000
5516 Wallace Martin Way, Raleigh, NC 27616
3beds
1,856sqft
Single Family Residence, Residential
Built in 2020
4,356 Square Feet Lot
$448,400 Zestimate®
$244/sqft
$2,135 Estimated rent
Home value
$448,400
$426,000 - $475,000
$2,135/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:41am
Listed by:
Kathleen Carlton 919-623-8624,
Keller Williams Legacy
Bought with:
Tina Caul, 267133
EXP Realty LLC
Cassandra Baier Pyszczynski, 349394
EXP Realty LLC
Source: Doorify MLS,MLS#: 10068342
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Fireplace(s), Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Cooktop, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer, Washer/Dryer
- Laundry: Laundry Room, Main Level
Features
- Bathtub/Shower Combination, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Chandelier, Crown Molding, Dining L, Double Vanity, Dual Closets, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Shower Only, Smooth Ceilings, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Vinyl, Tile
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Gas, Gas Log, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,856
- Total interior livable area: 1,856 sqft
- Finished area above ground: 1,856
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Covered, Garage, Garage Faces Rear
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Bedroom
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Porch, Rear Porch, Screened
- Exterior features: Rain Gutters
- Pool features: Association, Community
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,356 sqft
- Features: Corner Lot, Front Yard, Landscaped
Details
- Parcel number: 1736886150
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage, Craftsman, Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2020
Details
- Builder name: Lennar
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Clubhouse, Curbs, Fitness Center, Lake, Playground, Pool, Restaurant, Sidewalks, Street Lights
Location
- Region: Raleigh
- Subdivision: 5401 North
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $100 monthly
- Amenities included: Boat Slip, Clubhouse, Dog Park, Fitness Center, Landscaping, Maintenance Grounds, Park, Playground, Pool, Trail(s)
- Services included: Road Maintenance
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2025 | Sold | $452,000+0.4%$244/sqft |
Source:  Doorify MLS #10068342 Report a problem | ||
| 1/15/2025 | Pending sale | $450,000$242/sqft |
Source: Doorify MLS #10068342 Report a problem | ||
| 12/26/2024 | Listed for sale | $450,000+36%$242/sqft |
Source: Doorify MLS #10068342 Report a problem | ||
| 5/26/2020 | Sold | $331,000-1.5%$178/sqft |
Source: Public Record Report a problem | ||
| 2/15/2020 | Listing removed | $336,055$181/sqft |
Source: Lennar Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,985 +0.4% | $454,661 |
| 2024 | $3,969 +3% | $454,661 +29.3% |
| 2023 | $3,854 +7.6% | $351,747 |
Find assessor info on the county website
Neighborhood: 27616
Nearby schools
GreatSchools rating
- 4/10River Bend ElementaryGrades: PK-5Distance: 0.4 mi
- 2/10River Bend MiddleGrades: 6-8Distance: 0.2 mi
- 6/10Rolesville High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- Elementary: Wake - River Bend
- Middle: Wake - River Bend
- High: Wake - Rolesville
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$448,400