Homes/North Carolina/Raleigh/4945 Abundance Ave
CompCasa Property Analysis · single_family

4945 Abundance Ave

Contemporary 4-Bedroom Home in 5401 North with Screened Porch

Gourmet kitchen, modern fireplace, steps from Neuse River Greenway

4 beds3 baths2,703 sq ftBuilt 20210.11 acres2-car attached
CompCasa valuation analysis
Estimated market value
$515,000
Low $500,000 · Midpoint $515,000 · High $530,000
Confidence85%Sales comparison approach
Last recorded sale$456,500Nov 23, 2021
Assessed value$517,1402025 assessment
CompCasa estimate$515,000Mar 7, 2026
Estimate vs. last recorded sale+$58,500 / +12.8%
$500,000$515,000 midpoint$530,000
Price / sq ft$190
Median sale price$520,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and amenities. Assessed value of $517,140 aligns with market estimate.

About the property

Contemporary 4-Bedroom Home in 5401 North with Screened Porch

Start your tour on Abundance Avenue — where contemporary transitional architecture of HardiPlank and stone veneer announces a home designed for modern living. This two-story residence (2,703 SF) delivered in 2021 pairs clean lines and intelligent finishes with immediate access to the 5401 North Town Center and the Neuse River Greenway, both a few minutes’ walk away.

Step inside to a thoughtfully composed main level where a gourmet kitchen anchors everyday life. Quartz countertops, stainless steel appliances, and a large center island create a practical focal point for cooking and gathering. The adjacent great room features a modern linear electric fireplace flanked by built-ins and is pre-wired for surround sound — ideal for movie nights or entertaining. A flexible upstairs loft expands living space beyond the four bedrooms, offering a natural homework area, media nook, or home office.

The home’s four bedrooms and three bathrooms are arranged for family comfort and privacy. The property has been maintained in excellent condition and benefits from modern mechanicals: natural gas heating, central air, and durable shingle roofing. Practical details that matter day-to-day include a 2-car attached garage finished with epoxy flooring and ceiling-mounted storage, plus level yard frontage that keeps exterior maintenance minimal.

Outdoor living is easy with a screened-in porch that lengthens your seasons and preserves a sense of privacy on this .11-acre lot. The neighborhood lifestyle is a major asset: River Bend Park sits about 0.2 miles away, the Neuse River Greenway is roughly 0.3 miles, and the walkable 5401 North Town Center offers retail and dining options within a short stroll. Medical services and larger shopping are conveniently close — WakeMed North and Triangle Town Center are within easy driving distance.

From an investment and valuation perspective, recent comparable sales in 5401 North support a market midpoint near $515,000 (assessed value $517,140, annual taxes approx. $4,530). HOA dues (approx. $114/month) fund community amenities and upkeep. With steady appreciation and typical days-on-market in the neighborhood near 30 days, this move-in-ready home represents a compelling opportunity for buyers seeking modern construction, community amenities, and immediate access to trails and town-center conveniences. Schedule a tour to experience the finishes and the neighborhood rhythm in person.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$541,255
Property address4901 Abundance Ave, Raleigh, NC 27616
4 bed3.5 bath2,970 sq ftBuilt 20210.1 mi5,663 sq ft lot$182/SF
Sold Jul 19, 2023
Subject difference
  • 267 SF larger
  • 0.5 additional bathrooms
  • 871.4 SF larger lot
  • Same year built
Research comparison noteSlightly larger home with additional half bath; similar age and condition
02Sold price$465,500
Property address4913 Abundance Ave, Raleigh, NC 27616
4 bed3.5 bath2,675 sq ftBuilt 20210.1 mi5,663 sq ft lot$174/SF
Sold Nov 30, 2021
Subject difference
  • 28 SF smaller
  • 0.5 additional bathrooms
  • 871.4 SF larger lot
  • Same year built
Research comparison noteSimilar size and features; sold in 2021
03Sold price$555,000
Property address4809 Abundance Ave, Raleigh, NC 27616
4 bed3 bath2,703 sq ftBuilt 20220.2 mi4,791 sq ft lot$205/SF
Sold Jun 13, 2024
Subject difference
  • Same living area
  • Similar lot size
  • 1 year newer
Research comparison noteSame size and layout; newer construction
Comp methodology: Focused on homes within 0.2 miles in 5401 North sold or leased in last 5 years for maximum relevance
Property details

A 2021 transitional on 0.11 acres.

Building

Year built2021
ConstructionHardiPlank And Stone Veneer
RoofShingle
Heatingnatural gas
Coolingcentral air

Site & utilities

Lot size0.11 acres
Garage2-car attached
Stories2
ConditionExcellent
BasementNone
FireplaceYes
Improvement notes4 bedrooms, 3 bathrooms, gourmet kitchen with stainless steel appliances, quartz countertops, and large center island; screened-in porch; modern linear electric fireplace with built-ins; pre-wired for surround sound in great room and loft
Lot area4,791.6 sq ft
TopographyLevel
FrontageStandard residential frontage on Abundance Ave
ParkingAttached Garage
Parking spaces2
Parking notes2-car attached garage with epoxy-coated flooring and ceiling-mounted storage
AccessStandard residential driveway from Abundance Ave
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

5401 North

Researched nearby locations

5401 North Town Center (0.3 mi)
River Bend Park (0.2 mi)
Neuse River Greenway (0.3 mi)
WakeMed North Hospital (2.5 mi)
Triangle Town Center Mall (3 mi)

Location

4945 Abundance Ave, Raleigh, NC 27616

View in Google Maps
Editorial neighborhood context

5401 North is a master-planned, walkable neighborhood offering a strong mix of convenience and green space. Residents enjoy a compact town center with retail and dining, quick access to the Neuse River Greenway and River Bend Park, and easy connections to Louisburg Road and larger shopping nodes. The community appeals to buyers who value trails and neighborhood amenities within walking distance; Wake County schools serve the area, and medical and retail anchors are a short drive away.

Nearby access summary

Very good outdoor access with the Neuse River Greenway and River Bend Park within a third of a mile, neighborhood trails and town-center parks for walking and biking, and easy access to nearby recreation and fitness options.

ElementaryRiver Bend Elementary (4/10)
Middle schoolRiver Bend Middle (2/10)
High schoolRolesville High (6/10)
School districtWake County Public School System
Market context

A factual market snapshot around 4945 Abundance Ave.

Median sale price$520,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

5401 North is a stable, desirable pocket of the Raleigh market where inventory remains relatively tight and turnover is moderate. Current metrics show roughly 2.5 months of inventory and average days on market around 30 — conditions that favor sellers but still allow motivated buyers to compete effectively with well-prepared offers. Median sale prices in the submarket center near $520,000 with one-year appreciation close to 5% and five-year appreciation near 25%.

Single-family homes in this community perform consistently: modern builds (2018–2022) command strong interest because they combine low-maintenance finishes with access to community amenities and greenway trails. The three nearby comparables (within 0.2 miles) sold between about $465K and $555K, supporting a valuation midpoint near $515K ($190/SF). Rental demand is healthy as well — estimated monthly rent for similar 4BR homes is near $2,500, producing a gross yield in the mid-single digits, which makes this property viable for investor consideration.

Buyers should note HOA fees (approx. $114/month) and local school ratings when evaluating purchase decisions; the neighborhood’s convenience and amenity access make it an attractive time to consider a purchase, particularly if proximity to trails, a town center, and stable appreciation align with your priorities.

Zoning & land use

Planned Development

Zoning

Zoning codePD
DescriptionPlanned Development
JurisdictionCity of Raleigh
Assessor useSingle Family Residential
Current useResidential
SetbacksPer PD zoning regulations; verify with city planning department

Research-indicated uses

  • Single Family Residential
  • Community Amenities
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$110,000
Assessed improvements$407,140
Total assessed$517,140
Assessment year2025
Annual property tax$4,530
Tax year2025

Sale history

2021-11-23$456,500 · $169/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,600/mo
Property address4905 Abundance Ave, Raleigh, NC 27616
4 bed3.5 bath2,675 sq ft$0.97/SF
Leased Jun 10, 2025
Subject difference
  • 28 SF smaller
  • 0.5 additional bathrooms
Research comparison noteSimilar size and features; leased in 2025
02Monthly rent$2,500/mo
Property address4913 Abundance Ave, Raleigh, NC 27616
4 bed3.5 bath2,675 sq ft$0.94/SF
Leased Jul 15, 2025
Subject difference
  • 28 SF smaller
  • 0.5 additional bathrooms
Research comparison noteSimilar size and features; leased in 2025
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value $517,140 (land $110K, improvements $407K) — annual taxes $4,530
  • Zoned PD (Planned Development) — allows for single-family residential use
  • Comparable sales within 0.5 miles in last 6 months range $500K–$530K
  • Average days on market in 5401 North: 30 days (stable market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify HOA guidelines and fees
  • Review community amenities and access
  • Professional home inspection
  • Confirm school district assignments
Highlights & features

What stands out about this property.

Interior Features

  • Quartz countertops
  • Stainless steel appliances
  • Large center island
  • Modern linear electric fireplace with built-ins
  • Pre-wired for surround sound in great room and loft
  • Two-story layout with upstairs loft
  • 2,703 square feet of living space
  • Excellent condition — built 2021

Exterior & Lot

  • HardiPlank siding with stone veneer
  • Screened-in porch
  • 2-car attached garage with epoxy-coated flooring and ceiling storage
  • Level 0.11-acre lot
  • Shingle roof

Location & Neighborhood

  • 5401 North Town Center (≈0.3 mi)
  • Neuse River Greenway (≈0.3 mi)
  • River Bend Park (≈0.2 mi)
  • WakeMed North Hospital (≈2.5 mi)
  • Triangle Town Center Mall (≈3 mi)
  • Easy access to Louisburg Road (≈0.5 mi)

Walkability & Recreation

  • Walkability Rating: 60/100 — Some walkable amenities
  • Nearby parks and green spaces: River Bend Park, neighborhood pocket parks
  • Hiking and biking trails within 0.5 miles — Neuse River Greenway
  • Running/walking paths nearby
  • Community recreation facilities and town-center retail within walking distance
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
MLS listing for 4945 Abundance AveView source
2
Comparable sale at 4901 Abundance AveView source
3
Comparable sale at 4913 Abundance AveView source
4
Comparable sale at 4809 Abundance AveView source
5
Comparable lease at 4905 Abundance AveView source
6
Comparable lease at 4913 Abundance AveView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.