$390,000

5228 Olive Rd Raleigh, NC 27606

$4,631
Closing credit¹
3 beds
2 full
1,242 sqft
0.5 acres
$314 / sqft
House

Property details

About 5228 Olive Rd

Welcome Home! Located conveniently by Lake Johnson, and a stone's throw from NC State and Downtown Raleigh, this property's convenient location offers easy access to the community at large - from outdoor recreation, to collegiate sporting events or a night on town - you have it all. With a big fenced in backyard and upgraded systems such as HVAC, Roof, etc.., this home is move in ready and ready for an individual looking for their first home, or downsizing and/or as a revenue generating rental property that is ready to produce. This quiet neighborhood has a lot to offer!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air, Heat Pump, Ceiling Fan(s)
Size1,242 sqft
Lot size0.46 Acres
Year built1975
ParkingDriveway
MLS #10101998
ViewTrees/Woods

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer/Dryer
  • Flooring Type: Luxury Vinyl
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s)
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Driveway
  • View: Trees/Woods
  • Exterior: Back Fence, Fence, Patio, Storage
  • Architectural Style: Traditional
  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump, Ceiling Fan(s)
  • List Price: $390,000
  • Price/SqFt: $314
  • Annual Tax Amount: $2,026
  • Tax Year: 2024
  • Lot: Back Yard
  • Directions: From Tyron Rd turn right to Olive Rd
  • Year Built: 1975
  • Living Area: 1,242 SqFt
  • Lot Size: 0.46 Acres
  • MLS Number: 10101998
  • MLS Name: Doorify MLS
  • Office Name: HomeCoin.com
  • Office Phone: (888) 400-2513
  • Office Email: info@homecoin.com
  • Listing Agent: Jonathan P Minerick

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5228 Olive Rd, Raleigh, NC 27606 - view of front of house

$390,000

5228 Olive Rd

$4,631

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$323,131$2,026
2023$200,029$1,579
2022$200,029$1,464
2021$200,029$1,425
2020$200,029$1,402
2019$161,707$1,233
2018$161,707$1,169

History based on county public records data.

Nearby schools

3

Dillard Drive Elementary School

Public District PK-5

0.1 mi

5018 Dillard Dr

4

Swift Creek Elementary School

Public District PK-5

0.9 mi

5601 Tryon Rd

6

Yates Mill Elementary School

Public District PK-5

1.2 mi

5993 Yates Mill Pond Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,239. Typical income of Raleigh, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

35%
<35k
54%
35k-100k
10%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

63%
Single, No Kids
8%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
4%
12-17 yrs old
47%
18-34 yrs old
30%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5228 Olive Rd

The listing price of 5228 Olive Rd property is $390,000.

The property 5228 Olive Rd is a house located in Raleigh, North Carolina, 27606.

Active Listing: 5228 Olive Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5228 Olive Rd are: Dillard Drive Elementary School (GreatSchools Rating 3/10), Swift Creek Elementary School (GreatSchools Rating 4/10), Yates Mill Elementary School (GreatSchools Rating 6/10), Dillard Drive Magnet Middle School (GreatSchools Rating 3/10), Connections Academy (GreatSchools Rating 1/10), Centennial Campus Magnet Middle School (GreatSchools Rating 5/10), Score Academy (GreatSchools Rating 1/10), Crossroads Flex (GreatSchools Rating 10/10), Athens Drive Magnet High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $2,026 (source: MLS/based on county public records data).

The property at 5228 Olive Rd has 3 bedrooms and 2 bathrooms.

The property 5228 Olive Rd is 1,242 SqFt (source: MLS/tax record).

The year of construction for 5228 Olive Rd is 1975.

This home is located at 5228 Olive Rd in Raleigh, NC and zip code 27606 in the West Raleigh neighborhood. This 1,242 square foot home, which was built in 1975, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $390,000.

Over 113 listings were sold over their listed price in May 2025 in Raleigh, NC. In the same period over 309 listings were sold below the listed price and 122 listings were sold for the listed price. The inventory of homes for sale in Raleigh, NC between April and May 2025 increased by 8%. The median list price of listings available in May 2025 was $458,464, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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