This versatile 2 bedroom, one-and-a half bath townhome property presents excellent investment opportunities, whether you're considering rental income of at least $1,700 per month or short-term Airbnb vacation rentals. The combination of desirable location, community amenities, and move-in ready condition makes it an attractive option for various living situations.
Offering 1,400 square feet of comfortable living space. This delightful property features updated bathrooms that blend style with functionality, creating spaces you'll actually want to spend time in.
Location enthusiasts will appreciate the incredible convenience this home offers. Located moments away from the scenic greenway system, providing direct access to beautiful Shelley Lake for morning activities or peaceful evening enjoyment. Crabtree Valley Mall is conveniently located nearby, while the trendy North Hills area offers dining and entertainment options in close proximity.
The homeowners association takes care of all the tedious stuff - exterior building maintenance, grounds upkeep, and access to fantastic community amenities. Enjoy the sparkling pool on hot summer days, the tennis court, or the basketball court facilities. The clubhouse provides additional space for gatherings and relaxation.
With its blend of comfort, convenience, and community, this townhouse offers the ideal setting for creating lasting memories. The thoughtful updates and prime location create an exceptional home, whether you're seeking a personal residence or a smart investment opportunity.
Seller offering $3,000 use as you choose buyer concession.
For sale
Price cut: $11K (1/30)
$275,000
5738 Three Oaks Drive, Raleigh, NC 27612
2beds
1,408sqft
Est.:
Townhouse
Built in 1979
871.2 Square Feet Lot
$272,200 Zestimate®
$195/sqft
$245/mo HOA
What's special
Sparkling poolBasketball court facilitiesTennis courtUpdated bathrooms
- 95 days |
- 703 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Elizabeth L Conover 919-274-3766,
HOMETOWNE REALTY CLAYTON EAST
Source: Hive MLS,MLS#: 100541638
Originating MLS: Johnston County Association of REALTORS
Originating MLS: Johnston County Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Laundry, Utility Room, Master Bedroom, Bedroom 2
Primary bedroom
- Level: Second
- Dimensions: 15.9 x 13.7
Bedroom 2
- Level: Second
- Dimensions: 16.7 x 9.1
Dining room
- Level: First
- Dimensions: 12.3 x 9.4
Kitchen
- Level: First
- Dimensions: 12.3 x 11.9
Laundry
- Level: First
- Dimensions: 2.7 x 5.8
Living room
- Level: First
- Dimensions: 19.1 x 15.1
Utility room
- Level: First
- Dimensions: 7.4 x 6.8
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Built-In Microwave, Washer, Refrigerator, Range, Dryer, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, Laundry Closet
Features
- Walk-in Closet(s), Entrance Foyer, Ceiling Fan(s), Pantry, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Vinyl
- Windows: Thermal Windows
- Basement: None
- Attic: Pull Down Stairs
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot, Asphalt, Paved
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 871.2 Square Feet
Details
- Parcel number: 079612962926000 0109136
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Siding
- Foundation: Brick/Mortar, Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1979
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Other
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Pool, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Maintenance Structure, Management, Pest Control, Tennis Court(s)
- HOA fee: $2,940 annually
- HOA name: Ridgeloch TownHomes Association
- HOA phone: 919-878-8787
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $2,629
- Annual tax amount: $2,312
- Date on market: 11/17/2025
- Cumulative days on market: 95 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$272,200
$259,000 - $286,000
$1,665/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Price change | $275,000-3.8%$195/sqft |
Source:  Doorify MLS #10133467 Report a problem | ||
| 11/17/2025 | Listed for sale | $286,000+225%$203/sqft |
Source: Doorify MLS #10133467 Report a problem | ||
| 9/25/1998 | Sold | $88,000$63/sqft |
Source: Doorify MLS #456818 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,313 +0.4% | $262,900 |
| 2024 | $2,303 +35.4% | $262,900 +70.4% |
| 2023 | $1,701 +7.6% | $154,257 |
| 2022 | $1,582 +4% | $154,257 |
| 2021 | $1,521 +1.8% | $154,257 |
| 2020 | $1,493 +20.6% | $154,257 +46.7% |
| 2019 | $1,238 | $105,122 |
| 2018 | $1,238 +11.2% | $105,122 |
| 2017 | $1,114 +2.1% | $105,122 |
| 2016 | $1,091 +3.3% | $105,122 +5% |
| 2015 | $1,056 +5.4% | $100,095 |
| 2014 | $1,003 | $100,095 |
| 2013 | -- | $100,095 |
| 2012 | -- | $100,095 |
| 2011 | -- | $100,095 |
| 2010 | -- | $100,095 |
| 2009 | -- | $100,095 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,686/mo
Principal & interest
$1285
HOA Fees
$245
Property taxes
$156
Climate risks
Neighborhood: Six Forks
Nearby schools
GreatSchools rating
- 7/10Lynn Road ElementaryGrades: PK-5Distance: 0.9 mi
- 5/10Carroll MiddleGrades: 6-8Distance: 1.6 mi
- 6/10Sanderson HighGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Wake County
- Middle: Wake County
- High: Wake
Source: Hive 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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