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5380 Patuxent Dr

Raleigh, NC 27616

3 bd 2 ba 1,474 sqft Built 2002 Lot 2,614 sqft townhomes
Most recent sale
$317,500
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $317,500 Public Record
Apr 22, 2022 Listed $275,000 MLS #2443376
Jul 16, 2014 Listing removed $122,500 DoorifyMLS
Jul 15, 2014 Sold $120,000 Public Record
May 9, 2014 Listed $122,500 MLS #1947898
Feb 26, 2014 Listing removed $124,900 DoorifyMLS
Nov 22, 2013 Price changed $124,900 MLS #1907734
Aug 23, 2013 Listed $129,900 MLS #1907734
May 30, 2002 Sold $120,000 Public Record
Apr 30, 2002 Sold $120,000 Public Record
Apr 26, 2002 Sold $119,900 DoorifyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,359 $70,000 $290,359 $2,552
2024 $220,359 $70,000 $290,359 $2,541
2023 $135,618 $35,000 $170,618 $1,879
2022 $135,618 $35,000 $170,618 $1,747
2021 $135,618 $35,000 $170,618 $1,680
2020 $135,618 $35,000 $170,618 $1,649
2019 $109,245 $25,000 $134,245 $1,575
2018 $109,245 $25,000 $134,245 $1,486
2017 $109,245 $25,000 $134,245 $1,416
2016 $109,245 $25,000 $134,245 $1,387
2015 $108,559 $25,000 $133,559 $1,403
2014 $108,559 $25,000 $133,559 $1,331
2013 $108,559 $25,000 $133,559 $1,244
2012 $108,559 $25,000 $133,559 $1,244
2011 $108,559 $25,000 $133,559 $1,232
2010 $108,559 $25,000 $133,559 $1,232
2009 $108,559 $25,000 $133,559 $1,232
2007 $108,559 $25,000 $133,559 $1,320

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,474 sqft
Lot size
2,614 sqft
ZIP code
27616
City
Raleigh
Street
Patuxent Dr
Coordinates
35.88666, -78.55085

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,990
Gross rental yield
7.52%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 5380 Patuxent Dr last sell?
5380 Patuxent Dr most recently sold on May 24, 2022 for $317,500.
What is the current tax assessment for 5380 Patuxent Dr?
The most recent total assessment for 5380 Patuxent Dr (year 2025) is $290,359 with $2,552 in property tax.
How does 5380 Patuxent Dr's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $317,500.
When was 5380 Patuxent Dr built?
5380 Patuxent Dr was built in 2002.
How does 5380 Patuxent Dr compare to others on Patuxent Dr?
We track 8 other properties on Patuxent Dr. Browse the list under "Other properties on Patuxent Dr" to compare beds, baths, and sale history.
What are the property facts for 5380 Patuxent Dr?
5380 Patuxent Dr is a 3 bed, 2 bath, 1,474 sqft, 2,614 sqft lot townhomes.
Is 5380 Patuxent Dr a flip candidate?
No — 5380 Patuxent Dr does not appear in our flips dataset.
Is 5380 Patuxent Dr a tax-appeal candidate?
No — 5380 Patuxent 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

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