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1212 Silver Farm Rd, Raleigh, NC, 27603

5beds
3baths
2,999sqft
$469,999
$157price/sqft
$3,065/moest. monthly cost
$122,600/yrincome needed

About This Home

Welcome to this beautiful 2-story home offering a spacious and functional layout designed for both everyday living and entertaining. The open floor plan creates a seamless flow between the main living areas, while the inviting living room features a cozy fireplace as its focal point. The kitchen is thoughtfully designed with a center island, providing additional workspace and gathering space for family and friends. A formal dining room adds elegance and flexibility for special occasions and holiday meals. The primary suite offers a relaxing retreat with a private bath featuring a double vanity. Step outside to enjoy the wood deck, perfect for outdoor dining, entertaining, or simply unwinding at the end of the day. This home combines comfort, style, and versatility with plenty of space to make your own. One or more photo(s) has been virtually staged, AI generated, or rendered.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
24
BikeSomewhat Bikeable

Schools

7/10
Rand Road ElementaryGrades PK-53.6 mi
3/10
North Garner MiddleGrades 6-87.7 mi
5/10
Garner HighGrades 9-127.0 mi

Construction

Condition

  • Year built: 2016

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 2,999

Heating & Cooling

  • Heating features: None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,999
  • Total interior livable area: 2,999 sqft

Property

Details

  • Parcel number: 160702565361000 0435907
  • Zoning: R-30
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes

Lot

  • Lot size: 0.47 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hail
Heat Wave

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,376$28,512
Home Insurance *$162$1,944
Property Taxes $248$2,976
Electricity $279$3,351
Total$3,065$36,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,085/yr
40% on housing$91,950/yr
45% on housing$81,733/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$157This listing

vs Other Active Listings

Avg $/sqft

ZIP 27603$220
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27603$212
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$450,000
2026-07-08Price change$469,999
2026-06-25Price change$474,999
2026-06-03Listed for sale$479,900
2026-02-25Listing removed$2,195
2026-02-09Price change$2,195
2026-01-09Listed for rent$2,260
2025-01-10Listing removed$2,215
2025-01-06Price change$2,215
2024-12-13Price change$2,255
2024-12-02Price change$2,295
2024-11-21Listed for rent$2,345
2021-07-15Listing removed--
2021-07-12Listed for rent$2,160
2021-06-17Sold$355,000
2021-05-26Contingent$350,000
2021-05-20Listed for sale$350,000
2017-03-27Sold$255,000

For Sale by Agent

AgentDoug Smith
BrokerageMainstay Brokerage LLC

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