10 days on rocket

5520 Cottonrose Ln, Raleigh, NC, 27606

$370,000

Home List Price

$4,394*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,512 SqFt
$245/SqFt
Townhouse
Schools Nearby

Location

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5520 Cottonrose Ln, Raleigh$370,000

Buyer Closing Credits

$4,394*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingGarage, Garage Door Opener
Attached Garage1 space
Year Built2006
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
MLS #10024793
Lot Size0.07 Acres
StatusActive

About 5520 Cottonrose Ln

This is an end unit townhome in a location convenient to NC State University, downtown Raleigh and Cary. Lake Johnson Park with it's outstanding walking trails is approximately a half-mile down Avent Ferry Rd. Seller installed tile floors in kitchen and bathrooms (2014), second floor carpets replaced with hardwoods (2014), and kitchen counters replaced with granite (2014). HVAC replaced 11/2022. Deck replaced January 2024. All appliances including refrigerator (2019) and gas range (2016) and washer (2021) and dryer convey. Townhome is on a crawl space, not a slab.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: Umstead Realty, LLC
  • Office Phone: (919) 876-2828
  • Listing Agent: Robert H Mulder

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Range, Refrigerator, Gas Oven, Gas Range, Gas Water Heater, Microwave, Washer
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Smooth Ceilings, Whirlpool Tub
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Neighborhood
  • Exterior: Deck, Wrap Around Porch, Gutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Athens Drive High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Dillard Drive Middle School, Public District Grades 6-8
  • Dillard Drive Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Avent Ferry Rd to Mistiflower Dr. Then down to Cottonrose Ln and turn right. The entrance to Mistiflower Dr is between Tryon Rd and the I-440 beltline bridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $370,000
  • Price Per SqFt: $245/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,280
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$430.1K

Med. Price/SqFt

$230

Avg. Days On Market

28

# of Sold Homes

570

5520 Cottonrose Ln vs Raleigh

10 DAYS ON ROCKET

-18 Days

$370,000

-$60.1K Less

$245/SqFt

+$14 More

KEY TAKEAWAY

This property is $60.1K less than the Median Sold Price and $14/SqFt more 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: #10024793

Listing Office:

  • Office Name: Umstead Realty, LLC
  • Office Phone: (919) 876-2828
  • Listing Agent: Robert H Mulder

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. 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: 5/3/2024, 12:20:41 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

Mar 17, 2014Home Sold
$160,000
Sep 08, 2006Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,280$232,280
2020$2,238$232,280
2019$1,941$175,905
2018$1,850$175,905

History based on county public records data.

Payment Calculator

$2,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,176

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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.

Elementary School

school-card-donut-5327582
5
/10
  • Dillard Drive Elementary School

  • 5018 Dillard Dr

  • 0.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5327583
2
/10
  • Dillard Drive Middle School

  • 5200 Dillard Dr

  • 0.39 miles

  • Public District Grades 6-8

High School

school-card-donut-5327584
5
/10
  • Athens Drive High School

  • 1420 Athens Dr

  • 1.19 miles

  • Public District Grades 9-12

school-card-donut-5327585
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 7.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,836. Typical income of Raleigh, NC residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5520 Cottonrose Ln

What is the listing price of this property?

The listing price of 5520 Cottonrose Ln property is $370,000.

What type of property is this?

The property 5520 Cottonrose Ln is a townhouse located in Raleigh, North Carolina, 27606.

Is this property for sale now?

Active Listing: 5520 Cottonrose Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5520 Cottonrose Ln are:
Dillard Drive Elementary School: GreatSchools Rating 5/10
Dillard Drive Middle School: GreatSchools Rating 2/10
Athens Drive High School: GreatSchools Rating 5/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,280 (source: MLS/based on county public records data).

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

The last sale was on March 17, 2014 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5520 Cottonrose Ln has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5520 Cottonrose Ln is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5520 Cottonrose Ln is 2006.

Rocket HomesNorth CarolinaWake CountyRaleigh276065520 Cottonrose Ln

This home is located at 5520 Cottonrose Ln in Raleigh, NC and zip code 27606 in the Meadowwood Townhomes neighborhood. This 1,512 square foot home, which was built in 2006, sits on a 0.07 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $370,000.

In April 2024 more than 197 listings in Raleigh, NC were sold above the asking price. During the same period more than 139 listings were sold at asking price, while more than 234 were sold below. The number of homes for sale in Raleigh, NC increased by 3.7% between March 2024 and April 2024. Listings spent 28 days on the market in April 2024, and had a median list price of $430,193 during the same period.

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

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