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5416 Advancing Ave

Raleigh, NC 27616

4 bd 4 ba 2,631 sqft Built 2019 Lot 4,792 sqft single_family
Most recent sale
$540,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $540,000 Public Record
Mar 7, 2022 Listed $498,000 MLS #2433729
Mar 6, 2020 Sold $353,000 Public Record
Oct 29, 2018 Sold $1,812,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,504 $85,000 $480,504 $4,210
2024 $395,504 $85,000 $480,504 $4,193
2023 $295,225 $80,000 $375,225 $4,109
2022 $295,225 $80,000 $375,225 $3,819
2021 $295,225 $80,000 $375,225 $3,670
2020 $80,000 $80,000 $3,604
2019 $80,000 $80,000 $927
2018 $80,000 $80,000 $874

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,631 sqft
Lot size
4,792 sqft
ZIP code
27616
City
Raleigh
Street
Advancing Ave
Coordinates
35.86018, -78.53414

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,552
Gross rental yield
7.89%
Implied cap rate
5.13%
Trend-extrapolated value

Frequently asked questions

When did 5416 Advancing Ave last sell?
5416 Advancing Ave most recently sold on Apr 18, 2022 for $540,000.
What is the current tax assessment for 5416 Advancing Ave?
The most recent total assessment for 5416 Advancing Ave (year 2025) is $480,504 with $4,210 in property tax.
How does 5416 Advancing Ave's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $540,000.
When was 5416 Advancing Ave built?
5416 Advancing Ave was built in 2019.
How does 5416 Advancing Ave compare to others on Advancing Ave?
We track 8 other properties on Advancing Ave. Browse the list under "Other properties on Advancing Ave" to compare beds, baths, and sale history.
What are the property facts for 5416 Advancing Ave?
5416 Advancing Ave is a 4 bed, 4 bath, 2,631 sqft, 4,792 sqft lot single_family.
Is 5416 Advancing Ave a flip candidate?
No — 5416 Advancing Ave does not appear in our flips dataset.
Is 5416 Advancing Ave a tax-appeal candidate?
No — 5416 Advancing Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$377.4K
2026 Q4
$371.2K
ZIP 27616 — Median Price History + Forecast

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