$484,999

5520 Advancing Ave Raleigh, NC 27616

$5,759
Closing credit¹
3 beds
2 full, 1 partial
2,162 sqft
0.10 acres
$224 / sqft
House

Property details

About 5520 Advancing Ave

Welcome to 5520 Advancing Ave in the sought-after 5401 North community in Raleigh. This beautifully maintained home offers a functional layout, modern features, and an assumable 2.75% FHA loan—an incredible opportunity for qualified buyers to save on interest rates. The first-floor primary suite provides privacy and convenience, while the open floor plan is designed for both comfort and entertaining. The chef's kitchen features custom cabinetry, a double oven, a gas stove, and a pantry, flowing seamlessly into the living area with a gas fireplace and modern lighting. A dedicated mudroom adds extra storage and organization. Upstairs, two additional bedrooms share a Jack and Jill bathroom, along with a spacious loft area that can be used as a home office, media room, or flex space. Outdoor living is just as impressive, with a screened porch for relaxing and an outdoor kitchen for entertaining. The two-car garage provides ample storage. 5401 North is a highly walkable community with top-tier amenities, including a resort-style pool, clubhouse, fitness center, dog park, community garden, walking and biking trails, and outdoor fitness areas. Enjoy the convenience of a coffee shop, brewery, dog spa, bank, schools and more, all just steps away. With easy access to Wake Tech Community College and 540 this home offers the perfect blend of comfort and convenience. Epoxy flooring offers durability, easy maintenance, and a sleek, modern finish. It's resistant to stains, scratches, and daily wear, making it ideal for high-traffic areas. Plus, it can be customized or refinished to fit any style preference. Nail pops can be repaired without replacing the entire floor, ensuring long-lasting durability and aesthetics. See attached docs for more details. Don't miss out! Schedule your private tour today.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump, Zoned
StatusActive
CoolingZoned
Size2,162 sqft
Lot size0.1 Acres
Year built2019
MLS #10078688
Garage2 spaces

Summary

  • MLS Number: 10078688
  • MLS Name: Doorify MLS
  • Office Name: eXp Realty, LLC - C
  • Office Phone: (888) 584-9431
  • Office Email: colleenrhynders.exp@gmail.com
  • Listing Agent: Yandry Mastromihalis

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 house with board and batten siding, a standing seam roof, brick siding, and metal roof

$484,999

5520 Advancing Ave

$5,759

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 19, 2019
Home Sold
$336,000
Oct 29, 2018
Home Sold
$1,812,500

Tax history

YearAssessmentProperty Tax
2024$449,848$3,926
2023$350,866$3,844
2022$350,866$3,572
2021$350,866$3,433
2020$80,000$3,371
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

Harris Creek Elementary School

Public District PK-5

1.5 mi

3829 Forestville Rd

5

Fox Road Elementary School

Public Magnet PK-5

1.5 mi

7101 Fox 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. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

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 5520 Advancing Ave

This home is located at 5520 Advancing Ave in Raleigh, NC and zip code 27616 in the 5401 North neighborhood. This 2,162 square foot home, which was built in 2019, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $484,999.

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. The inventory of homes for sale in Raleigh, NC between February and March 2025 increased by 17.5%. While the average time on the market in March 2025 was 48 days, the median list price was $455,508.

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

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