5520 Advancing Avenue
Raleigh, NC 27616
- 3 beds
- 3 baths
- 2,162 sqft
- 4,356 sqft lot
- $224 per sqft
- 2019 build
- – on site
Welcome to 5520 Advancing Ave in the sought-after 5401 North community in Raleigh. This beautifully maintained home offers a functional layout, modern features, and an assumable 2.75% FHA loan—an incredible opportunity for qualified buyers to save on interest rates. The first-floor primary suite provides privacy and convenience, while the open floor plan is designed for both comfort and entertaining. The chef's kitchen features custom cabinetry, a double oven, a gas stove, and a pantry, flowing seamlessly into the living area with a gas fireplace and modern lighting. A dedicated mudroom adds extra storage and organization. Upstairs, two additional bedrooms share a Jack and Jill bathroom, along with a spacious loft area that can be used as a home office, media room, or flex space. Outdoor living is just as impressive, with a screened porch for relaxing and an outdoor kitchen for entertaining. The two-car garage provides ample storage. 5401 North is a highly walkable community with top-tier amenities, including a resort-style pool, clubhouse, fitness center, dog park, community garden, walking and biking trails, and outdoor fitness areas. Enjoy the convenience of a coffee shop, brewery, dog spa, bank, schools and more, all just steps away. With easy access to Wake Tech Community College and 540 this home offers the perfect blend of comfort and convenience. Epoxy flooring offers durability, easy maintenance, and a sleek, modern finish. It's resistant to stains, scratches, and daily wear, making it ideal for high-traffic areas. Plus, it can be customized or refinished to fit any style preference. Nail pops can be repaired without replacing the entire floor, ensuring long-lasting durability and aesthetics. See attached docs for more details. Don't miss out! Schedule your private tour today.
Last checked:
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Last updated Mar 18, 2025
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MLS# 10078688 —
The Building
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Year Built:2019
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New Construction:false
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Construction Materials:Fiber Cement
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Architectural Style:Traditional
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Roof:Metal
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Foundation Details:Slab
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Levels:Two
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Basement:false
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Building Area Total:2162
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Building Area Units:Square Feet
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Above Grade Finished Area:2162
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:11
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Flooring:Laminate
Room Dimensions
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Living Area:2162
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Living Area Units:Square Feet
Location
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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
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Latitude:35.861844
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Longitude:-78.533793
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Coordinates:-78.533793, 35.861844
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:1736.02883534.000
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Lot Size Acres:0.1
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Lot Size Area:4356
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Lot Size SqFt:4356
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Lot Size Units:Square Feet
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (646) 875-0076
- Office phone:
- (888) 584-9431
Taxes
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Tax Annual Amount:3926.93
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.5
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Total Baths:2.5
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Total Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Heat Pump
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Heating:true
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Cooling:Zoned
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake - River Bend
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Middle Or Junior School:Wake - River Bend
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High School:Wake - Rolesville
The Community
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Subdivision Name:5401 North
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Association:true
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Association Fee:117
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Association Fee Includes:None
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Association Fee Frequency:Monthly
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Pool Private:false
Parking
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Garage:true
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Garage Spaces:2
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Attached Garage:false
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Open Parking:false
Monthly cost estimate

Asking price
$484,999
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,597
|
Taxes | $327 |
Insurance | $133 |
HOA fees | $117 |
Utilities | $148 See report |
Total | $3,322/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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3/16/25
Mar 16, 2025
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Price Changed | DMLS | $484,999 | -3.0% |
2/27/25
Feb 27, 2025
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Listed / Active | DMLS | $500,000 |