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5055 Microcline Trl, Raleigh, NC, 27610

2beds
3baths
1,370sqft
$294,900
$215price/sqft
$2,008/moest. monthly cost
$80,320/yrincome needed

About This Home

Welcome to this beautifully maintained, like-new 2024 townhome in Raleigh's desirable Trace at Olde Towne! This move-in-ready 2-bedroom, 2.5-bath home features a bright open floor plan, a stylish kitchen with stainless steel appliances, ample cabinet space, and a pantry, all flowing seamlessly into the spacious living and dining areas. Upstairs, both bedrooms offer private en-suite bathrooms, providing comfort and privacy. The owner's suite includes a generous walk-in closet, and the upstairs laundry adds everyday convenience. Relax on your private patio and enjoy low-maintenance living in a growing community just minutes from I-40, Downtown Raleigh, shopping, dining, parks, and major employers. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this home is ready for its next owner. Schedule your showing today!

Getting Around

0
WalkingCar-Dependent
25
TransitSome Transit
22
BikeSomewhat Bikeable

Schools

3/10
4/10
East Garner MiddleGrades 6-82.9 mi
4/10
Southeast Raleigh HighGrades 9-122.5 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Craftsman, Traditional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Free-Standing Gas Range,Free-Standing Range,Free-Standing Refrigerator,Gas Range,Ice Maker,Microwave,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Crown Molding,Double Vanity,Kitchen Island,Stone Counters,Walk-In Closet(s)
  • Flooring: Carpet,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,370
  • Common walls with other units/homes: 2+ Common Walls, No One Above, No One Below

Heating & Cooling

  • Heating features: None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,370
  • Total interior livable area: 1,370 sqft

Property

Details

  • Parcel number: 173213035968000 0499720
  • Attached to another structure: Yes
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Community
  • Exterior features: Rain Gutters
  • Has view: Yes

Lot

  • Lot size: 1,742 sqft

Parking

  • Total spaces: 2
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered 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

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Tornado
Winter Weather

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 $1,491$17,892
Home Insurance *$123$1,476
Property Taxes $194$2,328
Electricity $200$2,405
Total$2,008$24,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,845/yr
40% on housing$60,240/yr
45% on housing$53,546/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

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 27610$171
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27610$190
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
2026-07-31Listed for sale$294,900
2024-07-10Sold$285,000
2024-05-09Price change$289,990
2024-05-02Price change$297,400
2024-04-12Listed for sale$298,650

For Sale by Agent

AgentShantris Dannelle Phillips
BrokerageCostello Real Estate & Investm

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