5408 Farley Dr, Raleigh, NC, 27609
About This Home
NEW PRICE + INCENTIVE! This North Raleigh home now offers even more value at $625,000 plus up to $5000 toward eligible closing costs w/ preferred lender. Located in Raleigh's North Hills area, this charming home offers 3 beds, 2.5 baths & 2,051 sq ft of thoughtfully updated living space. With no HOA, minutes from North Hills shopping, dining & major commuting routes, this move-in-ready home blends timeless character with everyday flexibility that's increasingly hard to find at this price. Hardwood floors, smooth ceilings, & abundant natural light run throughout. The updated kitchen features granite countertops, a center island, gas range, & recessed lighting that flows easily into the dining & living areas. The layout offers two separate living spaces across a split-level design, ideal for a home office, workout room, media space, or extra room to spread out. A cozy lower-level living room with a wood-burning fireplace adds warmth, while the spacious primary suite includes a walk-in closet & updated bath. Storage is no afterthought here: two attic spaces, an encapsulated crawl space, & a backyard storage shed keep seasonal items & hobbies tucked away. Outside, the fully fenced backyard is built for entertaining, gardening, gathering around a firepit, or even keeping backyard chickens, all within Raleigh city limits & with no HOA to restrict it. An expansive patio, mature landscaping, & covered front porch complete the outdoor living space. Contact the listing agent for details for closing cost details!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1968
Materials
- Roof: Shingle
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Water Heater,Gas Range,Microwave
- Laundry features: Electric Dryer Hookup,Laundry Closet,Washer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Bathtub/Shower Combination,Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Granite Counters,Kitchen Island,Recessed Lighting,Smooth Ceilings,Walk-In Closet(s),Walk-In Shower
- Flooring: Carpet,Tile,Wood
- Fireplace features: Family Room,Wood Burning
- Fireplace: Yes
- Finished area below ground: 714
- Finished area above ground: 1,336
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,050
- Total interior livable area: 2,050 sqft
Property
Details
- Parcel number: 170612757771000 0060808
- Zoning: R-4
- Special condition: Standard
Features
- Levels: Multi/Split
- Stories: 1
- Patio & porch: Front Porch,Patio
- Exterior features: Fenced Yard,Rain Gutters
- Fencing: Back Yard, Fenced, Wood
- Has view: Yes
Lot
- Lot size: 10,454 sqft
- Features: Back Yard,Front Yard,Gentle Sloping,Landscaped
- Lot size dimensions: 80 x 130 x 82 x 128
Parking
- Parking features: Concrete,Driveway
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
- Heat Wave
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Wake County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $147 | $1,764 |
| Property Taxes | $468 | $5,616 |
| Electricity | $200 | $2,405 |
| Total | $4,101 | $49,212 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Price change | $625,000 |
| 2026-08-05 | Price change | $640,000 |
| 2026-07-08 | Price change | $650,000 |
| 2026-06-05 | Listed for sale | $665,000 |
| 2022-07-13 | Sold | $600,000 |
| 2022-06-20 | Contingent | $574,900 |
| 2022-06-17 | Listed for sale | $574,900 |
| 2021-04-13 | Sold | $455,000 |
| 2020-12-29 | Listed for sale | $450,000 |
| 2020-12-08 | Pending sale | $450,000 |
| 2020-11-07 | Listed for sale | $450,000 |
| 2020-09-02 | Sold | $261,600 |
| 2020-08-14 | Pending sale | $240,000 |
| 2020-08-11 | Listed for sale | $240,000 |
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