Wake  »  27616  »  5401 North

5425 Advancing Avenue, Raleigh, NC 27616

5401 North, Northeast Raleigh, Wake
Building in 5401 North
2 Stories
Built in 2019
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Welcome to 5425 Advancing Avenue, a building located in 5401 North, Northeast Raleigh, Wake in Raleigh, NC. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2019. There are a total of 2 floors. Finally, 5425 Advancing Avenue was most recently sold on Jul 11, 2019 for $354,500. The market value for the land that the building sits on has been listed at $80,000. In addition, improvements upon the building have an added value of $289,676. In total, the total market value of the property as a whole is $369,676. According to local assessors, the total value of the building is currently valued at $369,676. Specifically, the value of the land that the property sits on has been assessed at $80,000. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
2019
Effective Year Built
2019
Bedroom Count
0
Bathroom Count
3
Full Bathrooms
3
Partial Bathrooms
3
Building Condition
unknown
Building Quality
unknown
Construction Type
Frame
Building Style
Conventional
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
2
Living Units
1
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Garage
Garage Square Area
480
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
5401 NORTH SUBDIVISION
Land Acres
0.12
Standard Land Use Code
Single family residential
County Land Use Code
unknown
Legal Description 1
LO1095 5401 NORTH-LOT 20 BM2017-01507
Ownership
Current Owner
MELLON DANIEL
Current Owner's Name
MELLON DANIEL
Previous Owner
LENNAR CAROLINAS LLC
Owner Address - City
ROSEVILLE
Owner Address - State
CA
Owner Address - ZIP Code
95661
Owner First Name
DANIEL
Owner Last Name
MELLON
Neighborhood
School District Name
Wake County Schools
Census Tract
000054
Census Block Code
1011
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
450
Census - Combined Statistical Area - Area Name
Raleigh-Durham-Cary, NC
Census - County FIPS
37183
Census - Full FIPS
371830541161011
Census - Metro Micro Statistical Area - Area Code
39580
Census - Metro Micro Statistical Area - Area Name
Raleigh-Cary, NC
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3755000
Census Source
US Census Bureau
Census State FIPS
37
Census Tract Code
054116
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3704720
School District - Unified - Name
Wake County Schools
Zoning
Zoning
PD
Geography
Account Number
0448763
District
13
Parcel
1736.02-78-9556 0448763
Lot
20
Lot Code
unknown
Municipality
NEUSE
Latitude
35.8608
Longitude
-78.5344
FIPS
37183
Mailing Carrier Code
C043
Mailing Full Street Address
216 GRAMPIAN CT
Mailing House Number
216
Mailing Street Mode
CT
Mailing Street
GRAMPIAN
Mailing 4-Digit Zip Code
6055
Old APN
0448763
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2023-06-15 20:43:40
UCID Flag
C
More About The Building
In total, the building area is listed as 2,068 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 5425 Advancing Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the 5401 North area have a median price of $2,195. Those in the 25th percentile, have a price around $2,095. While those in the 75th percentile, have a price around $2,348. Typically, the buildings in this area have a median sqft of 1,700. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $1. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently a total of 2 three bedroom listings. The median price for these types of listings is $2,095. That's $1.23 price per sqft.

  • There is currently a single advertised four bedroom listing.
About The Area
5425 Advancing Avenue is located in 27616. There are 50,392 people living here. There are 18,139 households. Most of these households have an average family size of 3.38 people. According to the census, 40% are currently renting while 60% own their homes. The median age of this population is around 33 years old. On average, most folks in the zipcode are unmarried. About 26% of folks speak a language other than English in this area. The area's employment rate is currently around 70.7%. Speaking of employment, the median income is $61,978. Most folks will commute by car for around 26.6 minutes. Finally, we know that 18% of residents in the area have graduated with their high school degree. Additionally, 27% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Wake County, North Carolina has a population of 998,576 people. Based on census records, there are 373,245 registered households. Families in this area are on average made up of 3.17 people per household. Most folks are married. They are also typically around 35.6 years old. Does diversity matter to you? Right now, 16% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 16% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 18% have a Master's degree. The employment rate is currently around 66.7%. Those employed, have a median income of $70,620.

Finally, let's take a look at the stats related to Raleigh, NC Urban Area. The urban area is home to 978,083 people. A total of 366,968 households are registered here. With average family sizes being listed at 3.17 people. About 16% of residents have graduated with a high school degree. Of the rest, 32% have their Bachelor's and 18% have their Master's degree. Folks speaking a language other than English, make up about 16% of the population. Speaking of your commute, 66.8% of people in this area are employed. The recorded median income is currently at $70,067 per year. The median population age has been listed at 35.4 years old. Interestingly enough, married people make up the majority of the population. Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
-
Studio Median Rent
-
1BR Median Rent
-
2BR Median Rent
$2,095
3BR Median Rent
PUBLIC TRANSIT
401X
25L
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Nearby Schools

(within attendance boundary)
River Bend Elementary  •  0.28 mi
6710 Perry Creek Road, Raleigh, NC 27616
Public  •  Elementary  •  Grades PK to 5
Wake County Schools
Rolesville Middle  •  4.76 mi
4700 Burlington Mills Road, Rolesville, NC 27571
Public  •  Middle School  •  Grades 6 to 8
Wake County Schools
Rolesville High  •  6.07 mi
1099 East Young St, Rolesville, NC 27571
Public  •  High School  •  Grades 9 to 12
Wake County Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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