Property Report for 5319 Arete Way, Raleigh, NC 27607

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5319 Arete Way, Raleigh, NC 27607
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Property Details
  • Property Address 5319 Arete Way, Raleigh, NC 27607
  • County Wake
  • Parcel ID 0784.13-04-5818 0246996
  • Legal description LO53 TRINITY SQUARE PH2 SEA BM1998-1351
  • School district Wake County Schools
  • Acreage 0.09
  • Property class Condo/Townhome
  • Zoning Subscribe
  • Square footage 1,632
  • Year built 1999
  • Bedrooms
  • Bathrooms 3

About the Property

5319 Arete Way is a condo/townhome in the city of Raleigh, NC 27607. Located in the Wake County Schools, which resides in Wake County, NC and built in 1999. This Condo/Townhome sits on a 3,920 sq ft lot and features 3 bathrooms and 1,632 sq ft of living space.

The most recent property tax for 5319 Arete Way was $3,262 with an estimated market value range of $361,838 to $399,927. This property was last sold on April 30, 2012 for $176,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.09
  • Square Feet 3,920
Building
  • Units 1
  • Year Built 1999
  • Effective Year Built 2004
  • Stories 2
  • # Fireplaces 1
  • Garage/Carport 144 sq.ft.
Utilities
  • Cooling Central
  • Heating Central
Interior
  • Square Footage
  • Living Area 1,632
  • Total Rooms N/A
  • Bedrooms N/A
  • Total Bathrooms 3
  • Full Bathrooms 3
Your Property Report will also include the following information:

Raleigh Residential Market Stats

Median Sale Price $550,500 -3.4% YoY
Median Price/sq ft. $238
Wake County Median Sale Price $550,500 -3.4% YoY

See more Real Estate Trends for Raleigh including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 5319 Arete Way, Raleigh

Tax Year Taxes Tax Assesed Value Exemptions
2025 $3,262 (+0.4%) $371,802

2024 $3,249 (+29%) $371,802 (+62.2%)

2023 $2,518 (+7.6%) $229,171

2022

2021

2020

2019

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Sales History for 5319 Arete Way, Raleigh

The most recent sale on 5319 Arete Way took place on Apr 30, 2012 and recorded on Apr 30, 2012 for $176,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale Date Recorded Date Buyer(s) Seller(s) Price Document ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
Address Distance SqFt Sale Date Price $/SqFt
1101 LAKE MORAINE PL .04 mi 1,632 06/12/2025 $405,000 $248
1104 GARNET RIDGE WAY .06 mi 1,656 05/30/2025 $410,000 $248
5400 KAPLAN DR 1.79 mi 1,650 08/04/2025 $440,000 $267
Active Mortgages and Equity Analysis
Date Recorded Position Original Amount Amortized Balance Loan Type Interest Rate Lender Lender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Total Estimated Debt

  • Total Estimated Debt
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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Aug 19, 2025 Confidence Score: 95%
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Value
High
Rental Value Estimate ATTOM
Aug 25, 2025
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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.