$550,000

5501 Advancing Ave Raleigh, NC 27616

$6,531
Closing credit¹
4 beds
3 full, 1 partial
2,136 sqft
0.1 acres
$257 / sqft
House

Property details

About 5501 Advancing Ave

Welcome to a home that offers the perfect balance of style, convenience, and modern living in one of the most desirable neighborhoods! 2136 sq.ft. PLUS 457 sq.ft. *detached* bedroom located above the detached 2-car garage—perfect for guests, remote work, gym, teen suite, art studio (the light is incredible), etc! A concrete walkway enhances accessibility between the home and garage. Inside this like-new home, you'll love the kitchen, complete with an island, Electrolux gas range, lots of counter seating, under-cabinet lighting — perfect for cooking and entertaining. Thoughtful upgrades like pull-out drawers in the pantry and kitchen cabinets maximize storage and efficiency. The durable LVP flooring on the main level adds a touch of elegance while keeping maintenance simple. The screened porch adds another room, great for relaxing and watching all the doggies going on their walks! Upstairs, you will find the primary bedroom and bath + 2 additional bedrooms that share a hall bath. (The 4th bedroom + full bath is detached above the garage.) Step outside and enjoy everything this vibrant neighborhood has to offer—community pool, scenic trails, parks, local pub, retail shopping, even a pocket park outside the front door —all just moments from your doorstep. And with HOA-covered lawn maintenance, you can spend more time enjoying life and less time on yard work! Don't miss this rare opportunity to own a home that truly has it all. Schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingElectric, Heat Pump, Zoned
StatusActive
CoolingCentral Air, Zoned, Ceiling Fan(s)
Size2,136 sqft
Lot size0.12 Acres
Year built2019
ParkingGarage, Garage Faces Rear
MLS #10078800
Garage2 spaces
FireplaceGas Log
ViewPark

Virtual tour

Summary

  • MLS Number: 10078800
  • MLS Name: Doorify MLS
  • Office Name: Merriment Realty
  • Office Phone: (919) 457-8181
  • Office Email: info@merrimentrealty.com
  • Listing Agent: Cindy Roberts

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: 4/5/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring metal roof, a standing seam roof, and a porch

$550,000

5501 Advancing Ave

$6,531

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 28, 2023
Home Sold
$520,000
Jun 28, 2019
Home Sold
$376,000
Apr 30, 2018
Home Sold
$1,161,000

Tax history

YearAssessmentProperty Tax
2024$454,266$3,965
2023$355,620$3,896
2022$355,620$3,620
2021$355,620$3,480
2020$355,620$3,416
2019$80,000$874
2018$80,000$-

History based on county public records data.

Nearby schools

6

River Bend Elementary School

Public District PK-5

0.3 mi

6710 Perry Creek Rd

5

Fox Road Elementary School

Public Magnet PK-5

1.4 mi

7101 Fox Rd

5

Harris Creek Elementary School

Public District PK-5

1.5 mi

3829 Forestville 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 $58,866. The most common annual income of people living in Raleigh, NC is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
54%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
17%
Single, with Kids
20%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • BurlingtonBurlington
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • QdobaQdoba
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • KiaKia
  • InfinitiInfiniti
  • PontiacPontiac

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Active RockActive Rock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5501 Advancing Ave

This home is located at 5501 Advancing Ave in Raleigh, NC and zip code 27616 in the 5401 North neighborhood. This 2,136 square foot home, which was built in 2019, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $550,000.

Raleigh, NC housing market in March 2025 saw over 104 listings sold above listed price, more than 112 sold at listed price and over 266 sold below. Between February and March 2025, Raleigh, NC real estate market has seen increase in the number of listings by 17.5%. In March 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $455,508.

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

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