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Sold for $200,000

5512 Olde South Rd Raleigh, NC 27606

$200,000

CLOSED

Beds

Baths

Sqft

2,519

Acres

Year

1971

Close Date

Mar 8, 2016

Property Type

Residential

Sub Type

Single Family Residence

Per Square Foot

$79

Date Listed

Sep 14, 2015

Description of 5512 Olde South Rd, Raleigh, NC 27606

Listing details for 5512 Olde South Rd, Raleigh, NC 27606 : Great location and great opportunity for a buyer with a vision! This property includes 6 acres with a pond, a brick ranch and a cell tower lease with monthly payments. While the home is in very poor condition, it has potential. Please be aware of the overgrown vegetation around the home and surrounding land. The property is being sold "as is" with all remaining personal property to convey at closing. Was recently appraised and is priced accordingly.

Listing Updated : 06-19-2026 at 9:13 AM EDT

Property Details

Property Overview

Listing Price

$365,000

MLS #ID

2029691

Close Price

$200,000

Close Date

Mar 8, 2016

Bedrooms

Bathrooms

Square Footage

2,519

Acres

Year

1971

Days on Site

770 Days

Property Type

Residential

Property Sub Type

Single-Family

Price per Sq Ft

$79

Date Listed

Sep 14, 2015

Location

Street Address

5512 Olde South Rd

City

Raleigh

State

North Carolina

ZIP Code

27606

County

Wake

Neighborhood / Subdivision

Not In A Subdivision

Driving Directions

Lake Wheeler Road to right on Penny Road. Property is on the left side of road about 1/4 of a mile. Driveway is not paved and is overgrown.

Schools

Elementary School

Yates Mill

Middle School

Dillard

High School

Athens Dr

Home Specification

Bedrooms

Bathrooms

2 Full

Total Square Feet

2,519

Construction / Architecture

Year Built

1971

Style

Ranch

Construction Materials

Brick

Foundation

Brick/Mortar

New Construction

Price per Sq Ft

$79

Lot Size (Acres)

Lot Dimensions

See survey

Interior Details

Interior Features

Pantry and Master Downstairs

Appliances

Electric Water Heater

Flooring

Carpet, Hardwood and Tile

Fireplace

Yes

Fireplace Count

Heating

Electric

Cooling

None

Exterior Details

Garage

Yes

Garage Spaces

Parking Features

Garage

Fencing

None

Water Source

Well

Sewer

Septic Tank

Taxes, HOA & Financing

HOA Fee Includes

Unknown

Room Details

Room Type	Level
Primary Bedroom	Main
Bathroom 2	Main

Listing Provided By

Lena M Cary, 919-283-4774, Freedom Realty Firm

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 2029691

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Property History

DateEventPrice

3/8/2016

Sold

$200,000

$79/sqft

Source:

Triangle, MLS #2029691

9/14/2015

Listed for sale

—

Source:

Triangle, MLS #2029691

Location of 5512 Olde South Rd, Raleigh, NC 27606

Streetview of 5512 Olde South Rd, Raleigh, NC 27606

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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.