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5509 Lake Garden Ct

Raleigh, NC 27610

3 bd 2 ba 1,182 sqft Built 1993 Lot 10,019 sqft single_family
Most recent sale
$255,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2023 Price changed for rent $1,675 Rently
Oct 26, 2023 Listed for rent $1,695 Rently
Oct 24, 2023 Listed for rent $1,695 Zumper
Oct 13, 2023 Price changed for rent $1,695 Rently
Oct 10, 2023 Listed for rent $1,885 Rently
Aug 5, 2023 Listed for rent $1,945 Rently
Jul 29, 2023 Listed for rent $1,945 Zumper
Jul 28, 2023 Price changed for rent $1,945 Rently
Jul 19, 2023 Price changed for rent $2,025 Rently
Jun 28, 2023 Price changed for rent $2,095 Rently
Jun 21, 2023 Listed for rent $2,175 Rently
Jun 15, 2022 Price changed for rent $1,795 Rently
Jun 13, 2022 Listed for rent $1,825 Rently
May 17, 2022 Sold $255,000 Public Record
Apr 11, 2022 Listed $270,000 MLS #2441847
Jul 26, 2004 Sold $108,000 Public Record
Sep 29, 1993 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,528 $80,000 $265,528 $2,335
2024 $185,528 $80,000 $265,528 $2,326
2023 $119,395 $38,000 $157,395 $1,735
2022 $119,395 $38,000 $157,395 $1,613
2021 $119,395 $38,000 $157,395 $1,551
2020 $119,395 $38,000 $157,395 $1,523
2019 $90,870 $34,000 $124,870 $1,467
2018 $90,870 $34,000 $124,870 $1,384
2017 $90,870 $34,000 $124,870 $1,319
2016 $90,870 $34,000 $124,870 $1,292
2015 $93,440 $28,000 $121,440 $1,278
2014 $93,440 $28,000 $121,440 $1,212
2013 $93,440 $28,000 $121,440 $1,133
2012 $93,440 $28,000 $121,440 $1,133
2011 $93,440 $28,000 $121,440 $1,122
2010 $93,440 $28,000 $121,440 $1,122
2009 $93,440 $28,000 $121,440 $1,122
2007 $93,440 $28,000 $121,440 $1,161

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,182 sqft
Lot size
10,019 sqft
ZIP code
27610
City
Raleigh
Street
Lake Garden Ct
Coordinates
35.75590, -78.54938

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,596
Gross rental yield
7.51%
Implied cap rate
4.88%
Trend-extrapolated value

Frequently asked questions

When did 5509 Lake Garden Ct last sell?
5509 Lake Garden Ct most recently sold on May 17, 2022 for $255,000.
What is the current tax assessment for 5509 Lake Garden Ct?
The most recent total assessment for 5509 Lake Garden Ct (year 2025) is $265,528 with $2,335 in property tax.
How does 5509 Lake Garden Ct's assessment compare to its last sale price?
The current assessment is 4.1% above the last sale price of $255,000.
When was 5509 Lake Garden Ct built?
5509 Lake Garden Ct was built in 1993.
How does 5509 Lake Garden Ct compare to others on Lake Garden Ct?
We do not currently track other properties on Lake Garden Ct.
What are the property facts for 5509 Lake Garden Ct?
5509 Lake Garden Ct is a 3 bed, 2 bath, 1,182 sqft, 10,019 sqft lot single_family.
Is 5509 Lake Garden Ct a flip candidate?
No — 5509 Lake Garden Ct does not appear in our flips dataset.
Is 5509 Lake Garden Ct a tax-appeal candidate?
No — 5509 Lake Garden Ct 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
-16.6%
Implied 1-yr
-66.3%
2026 Q3
$249K
2026 Q4
$249K
ZIP 27610 — Median Price History + Forecast

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