5400 Wallace Martin Way
Raleigh, NC 27616
4 bd 4 ba 2,350 sqft Built 2020 Lot 5,663 sqft single_family
Most recent sale
$495,000
Apr 19, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2024 | Sold | $495,000 | TriangleAreaNC |
| Feb 3, 2024 | Price changed | $499,000 | TriangleAreaNC |
| Jan 14, 2024 | Listed | $515,000 | TriangleAreaNC |
| Nov 27, 2022 | Listing removed | — | TriangleAreaNC |
| Oct 24, 2022 | Listed for rent | $2,300 | TriangleAreaNC |
| Aug 29, 2021 | Listing removed | — | TriangleAreaNC |
| Aug 3, 2021 | Price changed (rent) | $2,300 | TriangleAreaNC |
| Jul 30, 2021 | Listed for rent | $2,400 | TriangleAreaNC |
| Jul 28, 2021 | Listing removed | — | TriangleAreaNC |
| Jul 1, 2021 | Listed | $475,000 | TriangleAreaNC |
| May 15, 2021 | Listing removed | — | TriangleAreaNC |
| May 13, 2021 | Listed | $475,000 | TriangleAreaNC |
| May 12, 2021 | Listing removed | — | TriangleAreaNC |
| May 4, 2021 | Listed for rent | $2,250 | TriangleAreaNC |
| Feb 17, 2020 | Listing removed | — | TriangleAreaNC |
| Jan 29, 2020 | Listed for rent | $2,100 | TriangleAreaNC |
| Dec 31, 2019 | Sold | $359,500 | Public Record |
| Oct 15, 2018 | Sold | $1,092,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $401,832 | $85,000 | $486,832 | $4,265 |
| 2024 | $401,832 | $85,000 | $486,832 | $4,248 |
| 2023 | $291,221 | $80,000 | $371,221 | $4,066 |
| 2022 | $291,221 | $80,000 | $371,221 | $3,778 |
| 2021 | $291,221 | $80,000 | $371,221 | $3,631 |
| 2020 | — | $80,000 | $80,000 | $3,565 |
| 2019 | — | $80,000 | $80,000 | $927 |
| 2018 | — | $80,000 | $80,000 | $874 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,350 sqft
Lot size
5,663 sqft
ZIP code
27616
City
Raleigh
Street
Wallace Martin Way
Coordinates
35.85880, -78.53344
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,173
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value
—
Frequently asked questions
When did 5400 Wallace Martin Way last sell?
5400 Wallace Martin Way most recently sold on Apr 19, 2024 for $495,000.
What is the current tax assessment for 5400 Wallace Martin Way?
The most recent total assessment for 5400 Wallace Martin Way (year 2025) is $486,832 with $4,265 in property tax.
How does 5400 Wallace Martin Way's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $495,000.
When was 5400 Wallace Martin Way built?
5400 Wallace Martin Way was built in 2020.
How does 5400 Wallace Martin Way compare to others on Wallace Martin Way?
We track 8 other properties on Wallace Martin Way. Browse the list under "Other properties on Wallace Martin Way" to compare beds, baths, and sale history.
What are the property facts for 5400 Wallace Martin Way?
5400 Wallace Martin Way is a 4 bed, 4 bath, 2,350 sqft, 5,663 sqft lot single_family.
Is 5400 Wallace Martin Way a flip candidate?
No — 5400 Wallace Martin Way does not appear in our flips dataset.
Is 5400 Wallace Martin Way a tax-appeal candidate?
No — 5400 Wallace Martin Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$377.4K
2026 Q4
$371.2K
ZIP 27616 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wallace Martin Way