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5509 Keowee Way

Raleigh, NC 27616

3 bd 3 ba 1,920 sqft Built 2001 Lot 5,663 sqft single_family
Most recent sale
$396,000
Mar 28, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2024 Sold $396,000 TriangleAreaNC
Dec 8, 2023 Listed $400,000 TriangleAreaNC
Sep 11, 2022 Listing removed RentlinxUnits
Jul 21, 2022 Listed for rent $2,220 RentlinxUnits
Jul 16, 2022 Listing removed RentlinxUnits
Jul 14, 2022 Listed for rent $1,800 RentlinxUnits
Feb 22, 2012 Sold $172,000 Public Record
Jan 30, 2012 Listing removed $175,000 TriangleAreaNC
Dec 20, 2011 Price changed $175,000 TriangleAreaNC
Oct 28, 2011 Listed $179,999 TriangleAreaNC
Oct 27, 2011 Listing removed $182,900 TriangleAreaNC
Sep 30, 2011 Price changed $182,900 TriangleAreaNC
Sep 8, 2011 Listed $187,900 TriangleAreaNC
Mar 17, 2009 Sold $168,500 Public Record
May 29, 2002 Sold $168,500 Public Record
Mar 5, 2001 Sold $180,500 Public Record
Jan 31, 2001 Sold $167,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $293,448 $85,000 $378,448 $3,320
2024 $293,448 $85,000 $378,448 $3,306
2023 $197,127 $40,000 $237,127 $2,604
2022 $197,127 $40,000 $237,127 $2,420
2021 $197,127 $40,000 $237,127 $2,327
2020 $197,127 $40,000 $237,127 $2,285
2019 $151,839 $40,000 $191,839 $2,243
2018 $151,839 $40,000 $191,839 $2,116
2017 $151,839 $40,000 $191,839 $2,015
2016 $151,839 $40,000 $191,839 $1,974
2015 $160,072 $40,000 $200,072 $2,091
2014 $160,072 $40,000 $200,072 $1,984
2013 $160,072 $40,000 $200,072 $1,853
2012 $160,072 $40,000 $200,072 $1,853
2011 $160,072 $40,000 $200,072 $1,835
2010 $160,072 $40,000 $200,072 $1,835
2009 $160,072 $40,000 $200,072 $1,835
2007 $160,072 $40,000 $200,072 $1,731

Property facts

Year built
2001
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,920 sqft
Lot size
5,663 sqft
ZIP code
27616
City
Raleigh
Street
Keowee Way
Coordinates
35.88686, -78.54981

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,592
Gross rental yield
7.85%
Implied cap rate
5.11%
Trend-extrapolated value

Frequently asked questions

When did 5509 Keowee Way last sell?
5509 Keowee Way most recently sold on Mar 28, 2024 for $396,000.
What is the current tax assessment for 5509 Keowee Way?
The most recent total assessment for 5509 Keowee Way (year 2025) is $378,448 with $3,320 in property tax.
How does 5509 Keowee Way's assessment compare to its last sale price?
The current assessment is 4.4% below the last sale price of $396,000.
When was 5509 Keowee Way built?
5509 Keowee Way was built in 2001.
How does 5509 Keowee Way compare to others on Keowee Way?
We track 8 other properties on Keowee Way. Browse the list under "Other properties on Keowee Way" to compare beds, baths, and sale history.
What are the property facts for 5509 Keowee Way?
5509 Keowee Way is a 3 bed, 3 bath, 1,920 sqft, 5,663 sqft lot single_family.
Is 5509 Keowee Way a flip candidate?
No — 5509 Keowee Way does not appear in our flips dataset.
Is 5509 Keowee Way a tax-appeal candidate?
No — 5509 Keowee Way 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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