BACK ON MARKET DUE TO NO FAULT OF SELLER. SELLING AGENT WILLING TO ACCEPT CALLS. Welcome to this beautifully maintained townhouse offering modern comfort and convenience. The open-concept main level features a bright living area, spacious kitchen with ample cabinet space, and a dining area designed for everyday living and entertaining. The first floor primary suite includes a private bath and generous closet space, accompanied by two additional bedrooms upstairs, that provide flexibility for guests. The bonus room and loft area on the second level provide that extra space you need for an office or hobbies. Enjoy the privacy-fenced turf backyard and covered patio for outdoor relaxation. Community amenities including a pool, coffee shop, brewery, clubhouse, and Neuse River trails, make 5401 uniquely special. Easy access to I-540, makes shopping and dining a breeze. This home truly combines comfort with convenience.
Pending
Price cut: $10K (12/2)
$375,000
5523 Wallace Martin Way, Raleigh, NC 27616
3beds
2,076sqft
Est.:
Townhouse, Residential
Built in 2019
3,049.2 Square Feet Lot
$-- Zestimate®
$181/sqft
$224/mo HOA
What's special
First floor primary suitePrivacy-fenced turf backyardCovered patioPrivate bathGenerous closet space
- 111 days |
- 111 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 26, 2025 at 11:51am
Listed by:
Mitchell Conklin 402-202-4490,
Raleigh Custom Realty, LLC,
Steve Wall 919-208-7226,
Raleigh Custom Realty, LLC
Source: Doorify MLS,MLS#: 10125974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Laundry: Laundry Closet, Lower Level
Features
- Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Recessed Lighting, Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Vinyl
- Number of fireplaces: 1
- Common walls with other units/homes: 1 Common Wall, End Unit
Interior area
- Total structure area: 2,076
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Alley Access, Detached
- Garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Closets, Accessible Hallway(s), Accessible Washer/Dryer, Central Living Area
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Rear Porch
- Exterior features: Fenced Yard, Private Yard, Rain Gutters
- Pool features: Community
- Fencing: Back Yard, Privacy, Vinyl
- Has view: Yes
Lot
- Size: 3,049.2 Square Feet
- Features: Back Yard, Rectangular Lot
Details
- Additional structures: Garage(s)
- Parcel number: 1736886207
- Zoning: PD
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Craftsman, Traditional
- Property subtype: Townhouse, Residential
- Attached to another structure: Yes
Materials
- Fiber Cement, Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights
- Subdivision: 5401 North
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Fitness Center, Landscaping, Park, Parking, Picnic Area, Playground, Pool, Recreation Facilities
- Services included: Maintenance Grounds
- HOA fee: $224 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $396,022
- Annual tax amount: $3,473
- Date on market: 10/6/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2025 | Pending sale | $375,000$181/sqft |
Source:  Doorify MLS #10125974 Report a problem | ||
| 12/2/2025 | Price change | $375,000-2.6%$181/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 11/29/2025 | Price change | $385,000-1.3%$185/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 11/17/2025 | Listed for sale | $389,999$188/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
| 10/28/2025 | Pending sale | $389,999$188/sqft |
Source: Doorify MLS #10125974 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,474 +0.4% | $396,022 |
| 2024 | $3,459 +10.3% | $396,022 +38.6% |
| 2023 | $3,135 +7.6% | $285,824 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,369/mo
Principal & interest
$1801
HOA Fees
$224
Other costs
$344
Climate risks
Neighborhood: 27616
Nearby schools
GreatSchools rating
- 4/10River Bend ElementaryGrades: PK-5Distance: 0.4 mi
- 2/10River Bend MiddleGrades: 6-8Distance: 0.1 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.
