5 months on rocket

5940 Illuminate Ave, Raleigh, NC, 27616

$355,000

Home List Price

$4,216*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,775 SqFt
$200/SqFt
Townhouse

Location

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5940 Illuminate Ave, Raleigh$355,000

Buyer Closing Credits

$4,216*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage
Attached Garage1 space
Year Built2020
HeatingGas Pack, Natural Gas
CoolingCentral Air
MLS #10031618
Lot Size0.03 Acres
StatusActive

About 5940 Illuminate Ave

Up to $65,000 down payment and closing cost assistance available to qualified buyers on this like new 3BR, 3.5BA Lennar townhome in the desirable 5401 North subdivision is available now! The bedroom and full bath on the lower level will make the perfect guest suite, office or workout space. The open plan main level opens up to a bright dining area that leads out to a small balcony that's perfect for enjoying your morning coffee. The spacious kitchen with stainless steel appliances, large island and granite counters is open to the family room. Lots of natural light! The master suite and another bedroom are on the third floor. The convenient location (easy access to 540 and downtown) as well as the amazing amenities make this neighborhood the obvious choice. The amenities include a pool, clubhouse with fitness room, playgrounds, dog park, and direct access to the Neuse River Greenway. Walk to the neighborhood brewery to enjoy a drink and a bite to eat. Come take a look!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Transitional
  • Year Built: 2020
  • Living Area: 1,775 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9831
  • Listing Agent: Petra Thomas, Sidney Thomas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range
  • Flooring Type: Carpet, Luxury Vinyl
  • Interior: Eat-in Kitchen, Granite Counters, Kitchen Island, Kitchen/Dining Room Combination, Smooth Ceilings, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Gas Pack, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 540 to 401 N, right on Midtown Market Ave, right on Perry Creek Rd, right on Giddings St, left on Illuminate Ave, first building on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $355,000
  • Price Per SqFt: $200/SqFt

HOA Fees:

  • Amount: $160
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,463
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

5940 Illuminate Ave vs Raleigh

174 DAYS ON ROCKET

+138 Days

$355,000

-$87.3K Less

$200/SqFt

-$34 Less

KEY TAKEAWAY

This property is $87.3K less than the Median Sold Price and $34/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10031618

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9831
  • Listing Agent: Petra Thomas, Sidney Thomas

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 12, 2020Home Sold
$241,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,463$251,111
2020$573$60,000

History based on county public records data.

Payment Calculator

$1,999

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-495789
5
/10

  • River Bend Elementary School

  • 6710 Perry Creek Rd

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-495790
6
/10

  • Fox Road Elementary School

  • 7101 Fox Rd

  • 1.57 miles

  • Public Magnet Grades PK-5

school-card-donut-495791
3
/10

  • Harris Creek Elementary School

  • 3829 Forestville Rd

  • 1.61 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,866. The majority of Raleigh, NC residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5940 Illuminate Ave

What is the listing price of this property?

The listing price of 5940 Illuminate Ave property is $355,000.

What type of property is this?

The property 5940 Illuminate Ave is a townhouse located in Raleigh, North Carolina, 27616.

Is this property for sale now?

Active Listing: 5940 Illuminate Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,463 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 12, 2020 for $241,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5940 Illuminate Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5940 Illuminate Ave is 1,775 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5940 Illuminate Ave is 2020.

Rocket Homes›North Carolina›Wake County›Raleigh›27616›5940 Illuminate Ave

This home is located at 5940 Illuminate Ave in Raleigh, NC and zip code 27616 in the 5401 North neighborhood. This 1,775 square foot home, which was built in 2020, sits on a 0.03 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 25, 2024 and is currently priced at $355,000.

In October 2024 more than 94 listings in Raleigh, NC were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 270 were sold below. Between September 2024 and October 2024, Raleigh, NC real estate market has seen increase in the number of listings by 2.3%. In October 2024 median list price was $442,333 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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