$4,821 Closing Credit¹
#10082041, Thomas Ladane Shoupe, Lisa McGill, Listing office: Opendoor Brokerage LLC
$489,999 List price
5520 Advancing Ave Raleigh, NC 27616
$5,819
Closing credit¹
3 beds
2 full, 1 partial
2,162 sqft
0.10 acres
$227 / sqft
House
Property details
About 5520 Advancing Ave
Back on the Market - Now with New Floors! This beautifully updated home in the heart of 5401 North is ready for its next owner. Featuring a fresh new look and thoughtful design throughout, this home offers both style and comfort in one of Raleigh's most desirable communities. Enjoy an open-concept layout with a chef's kitchen, custom cabinetry, gas cooktop, double oven, and smart home features throughout. The first-floor primary suite adds convenience, while the upstairs loft and Jack-and-Jill bathroom provide flexible living space. Relax on the screened porch or entertain in the outdoor kitchen—this home is built for everyday living and special moments. Bonus: This home qualifies for a 2.75% assumable FHA mortgage—an incredible opportunity for eligible buyers to lock in a low interest rate. Located in a walkable, amenity-rich neighborhood with a resort-style pool, fitness center, clubhouse, trails, dog park, and more. Come see it today—this one won't last.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump, Zoned
StatusActive
CoolingZoned
Size2,162 sqft
Lot size0.1 Acres
Year built2019
MLS #10078688
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Flooring Type: Laminate
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Architectural Style: Traditional
- Heating: Heat Pump, Zoned
- Cooling: Zoned
- List Price: $489,999
- Price/SqFt: $226
- HOA Amount: $117 Monthly
- Annual Tax Amount: $3,926
- Tax Year: 2024
- Directions: From Downtown Raleigh Get on US-401 N/Capital Blvd from Watauga St and Brookside Dr Follow US-401 N to Midtown Market Ave Continue on Midtown Market Ave. Take Perry Creek Rd to Advancing Ave
- Year Built: 2019
- Living Area: 2,162 SqFt
- Lot Size: 0.1 Acres
- 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
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: 6/7/2025, 3:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$489,999
5520 Advancing Ave
$5,819
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 19, 2019 | Home Sold | $336,000 |
| Oct 29, 2018 | Home Sold | $1,812,500 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $58,866. Most Raleigh, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents 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 Games
NBA/WNBA
Pro Wrestling
Where do the neighbors shop?
New York & Company
Burlington
Books-a-Million
Where do the neighbors go to eat?
Chick-fil-A
Qdoba
Cicis Pizza
What do the neighbors drive?
Kia
Infiniti
Pontiac
What do the neighbors listen to?
Talk/Personality
Active Rock
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5520 Advancing Ave
The listing price of 5520 Advancing Ave property is $489,999.
The property 5520 Advancing Ave is a house located in Raleigh, North Carolina, 27616.
Active Listing: 5520 Advancing Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5520 Advancing Ave are: River Bend Elementary School (GreatSchools Rating 6/10), Harris Creek Elementary School (GreatSchools Rating 5/10), Fox Road Elementary School (GreatSchools Rating 5/10), River Bend Middle School (GreatSchools Rating 5/10), East Millbrook Magnet Middle School (GreatSchools Rating 3/10), Neuse River Middle School (GreatSchools Rating 4/10), Millbrook Magnet High School (GreatSchools Rating 6/10), Knightdale High School (GreatSchools Rating 3/10), Heritage High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $3,926 (source: MLS/based on county public records data).
The last sale was on November 19, 2019 for $336,000 (source: MLS/tax record).
The property at 5520 Advancing Ave has 3 bedrooms and 2 full and 1 half bathrooms.
The property 5520 Advancing Ave is 2,162 SqFt (source: MLS/tax record).
The year of construction for 5520 Advancing Ave is 2019.
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 $489,999.
Raleigh, NC housing market in May 2025 saw over 113 listings sold above listed price, more than 122 sold at listed price and over 309 sold below. Between April and May 2025, Raleigh, NC real estate market has seen increase in the number of listings by 8%. While the average time on the market in May 2025 was 35 days, the median list price was $458,464.
From Rocket Homes Real Estate and based on county public records data.