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Sign Up NowProperty Report for 5320 Arete Way, Raleigh, NC 27607
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Property Details
- Property Address 5320 Arete Way, Raleigh, NC 27607
- County Wake
- Parcel ID 0784.09-05-4073 0246975
- Legal description LO32 TRINITY SQUARE PH2 SEA BM1998-1351
- School district Wake County Schools
- Acreage 0.08
- Property class Condo/Townhome
- Zoning Subscribe
- Square footage 2,092
- Year built 1999
- Bedrooms
- Bathrooms 3
About the Property
5320 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 3,485 sq ft lot and features 3 bathrooms and 2,092 sq ft of living space.
The most recent property tax for 5320 Arete Way was $3,617 with an estimated market value range of $401,359 to $443,608. This property was last sold on May 27, 2021 for $355,000.
Property Info
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Flood
Legal
- LO32 TRINITY SQUARE PH2 SEA BM1998-1351
- Classification TOWNHOUSE
- County WAKE
- FIPS 37183
- Civil Division MEREDITH
- Census 371830524.011058
- Parcel ID 0784.09-05-4073 0246975
- Neighborhood TRINITY SQUARE PH 2 SEA
- Tract 0
- Secondary School District N/A
- Primary School District Wake County Schools
Ownership
Land
- Acres 0.08
- Square Feet 3,485
Building
- Units 1
- Year Built 1999
- Effective Year Built 2009
- Stories 2
- # Fireplaces 1
- Garage/Carport 192 sq.ft.
Utilities
- Cooling Central
- Heating Central
Interior
- Square Footage
- Living Area 2,092
- Total Rooms N/A
- Bedrooms N/A
- Total Bathrooms 3
- Full Bathrooms 3
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Start Free TrialRaleigh 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 5320 Arete Way, Raleigh
| Tax Year | Taxes | Tax Assesed Value | Exemptions |
|---|---|---|---|
| 2025 | $3,617 (+0.4%) | $412,411 | |
| 2024 | $3,602 (+25.3%) | $412,411 (+57.4%) | |
| 2023 | $2,875 (+7.6%) | $261,964 | |
| 2022 | |||
| 2021 | |||
| 2020 | |||
| 2019 |
Sales History for 5320 Arete Way, Raleigh
The most recent sale on 5320 Arete Way took place on May 24, 2021 and recorded on May 27, 2021 for $355,000.
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 |
|---|---|---|---|---|---|
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 |
|---|---|---|---|---|---|
| 1104 GARNET RIDGE WAY | .09 mi | 1,656 | 05/30/2025 | $410,000 | $248 |
| 245 KYLEMORE CIR | 2.06 mi | 1,930 | 08/04/2025 | $502,500 | $260 |
| 1040 IVY LN | 2.19 mi | 1,786 | 08/01/2025 | $470,000 | $263 |
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Nearby Cities
- 1. Raleigh
- 2. Morrisville
- 3. Cary
- 4. Apex
- 5. Garner
- 6. Knightdale
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.