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5803 Oak Forest Dr

Raleigh, NC 27616

3 bd 2 ba 2,036 sqft Built 1962 Lot 51,836 sqft single_family
Most recent sale
$403,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $403,000 MLS #2474516
Sep 16, 2022 Listed $380,000 MLS #2474516

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $266,424 $162,800 $429,224 $3,517
2024 $238,204 $162,800 $401,004 $3,502
2023 $82,888 $162,000 $244,888 $2,689
2022 $82,888 $162,000 $244,888 $2,499
2021 $82,888 $162,000 $244,888 $2,403
2020 $82,888 $162,000 $244,888 $2,359
2019 $139,596 $67,500 $207,096 $2,420
2018 $139,596 $67,500 $207,096 $2,283
2017 $139,596 $67,500 $207,096 $2,174
2016 $139,596 $67,500 $207,096 $2,130
2015 $141,374 $92,000 $233,374 $2,437
2014 $141,374 $92,000 $233,374 $2,311
2013 $141,374 $92,000 $233,374 $2,159
2012 $141,374 $92,000 $233,374 $2,159
2011 $141,374 $92,000 $233,374 $2,138
2010 $141,374 $92,000 $233,374 $2,138
2009 $141,374 $92,000 $233,374 $2,138
2007 $141,374 $92,000 $233,374 $1,837

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,036 sqft
Lot size
51,836 sqft
ZIP code
27616
City
Raleigh
Street
Oak Forest Dr
Coordinates
35.86082, -78.58781

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,749
Gross rental yield
8.19%
Implied cap rate
5.32%
Trend-extrapolated value

Frequently asked questions

When did 5803 Oak Forest Dr last sell?
5803 Oak Forest Dr most recently sold on Oct 12, 2022 for $403,000.
What is the current tax assessment for 5803 Oak Forest Dr?
The most recent total assessment for 5803 Oak Forest Dr (year 2025) is $429,224 with $3,517 in property tax.
How does 5803 Oak Forest Dr's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $403,000.
When was 5803 Oak Forest Dr built?
5803 Oak Forest Dr was built in 1962.
How does 5803 Oak Forest Dr compare to others on Oak Forest Dr?
We track 1 other property on Oak Forest Dr. Browse the list under "Other properties on Oak Forest Dr" to compare beds, baths, and sale history.
What are the property facts for 5803 Oak Forest Dr?
5803 Oak Forest Dr is a 3 bed, 2 bath, 2,036 sqft, 51,836 sqft lot single_family.
Is 5803 Oak Forest Dr a flip candidate?
No — 5803 Oak Forest Dr does not appear in our flips dataset.
Is 5803 Oak Forest Dr a tax-appeal candidate?
No — 5803 Oak Forest Dr 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

Explore nearby

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