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$340,000

Listing Price

3beds

3baths

2,328sqft

3,049sqft lot

5316 Fair Rain Dr, Raleigh, NC 27616

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Single Family

Home type

140.49

Price / sqft

2003

Year built

Home Details

Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome in the highly desirable Riverside community--where comfort, convenience, and style come together to truly live like a single-family home! Step inside to find an inviting open floor plan featuring a spacious family room with a cozy gas log fireplace, perfect for relaxing or entertaining. The kitchen is a chef's delight with granite countertops, ample cabinetry, and great flow into the dining area, which is enhanced by elegant crown molding and chair rail details. Upstairs, you'll love the versatile loft space--ideal for a home office, media room, or play area. The generously sized primary suite offers a private retreat with a luxurious bath complete with a garden tub and separate shower. Two additional bedrooms provide plenty of space for family or guests. Enjoy outdoor living with a private patio featuring fencing on both sides for added privacy--perfect for morning coffee or evening gatherings. A rare 2-car garage adds convenience and extra storage. Refrigerator, Washer, and Dryer conveys making this home move-in ready! Newer HVAC (2022) for added peace of mind. Residents of Riverside enjoy fantastic neighborhood amenities including a swimming pool, tennis courts, playground, and clubhouse. Ideally located just minutes from shopping, dining, medical facilities, and the scenic Neuse River Trail, this home offers the perfect blend of lifestyle and location. Don't miss your opportunity to call this exceptional

Interior Details

Square Feet
  • 2328

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3049

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Townhouse

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,225

$26,000

$204,896

--%

$230,896

2020

$2,225

$26,000

$204,896

--%

$230,896

2019

$2,165

$20,000

$165,141

--%

$185,141

2018

$2,042

$20,000

$165,141

--%

$185,141

2017

$1,946

$20,000

$165,141

--%

$185,141

2015

$2,136

$32,000

$172,396

--%

$204,396

2014

$2,026

$32,000

$172,396

--%

$204,396

2013

$1,893

$32,000

$172,396

--%

$204,396

2012

$1,893

$32,000

$172,396

--%

$204,396

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Average Home Price in 27616

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$471,999

-- Beds

2.5 Baths

2,590 Sqft

6,970 Lot (sqft)

Sold 06/15/2026

$348,394

-- Beds

2.5 Baths

2,387 Sqft

3,049 Lot (sqft)

Sold 05/21/2026

$460,000

-- Beds

2.5 Baths

2,489 Sqft

8,712 Lot (sqft)

Sold 07/10/2025

$409,146

-- Beds

2.5 Baths

2,076 Sqft

6,534 Lot (sqft)

Sold 10/05/2026

$395,000

4 Beds

3 Baths

2,176 Sqft

8,276 Lot (sqft)

Sold 09/29/2026

$415,000

-- Beds

2.5 Baths

2,467 Sqft

7,405 Lot (sqft)

Sold 10/06/2026

$375,000

3 Beds

4 Baths

2,507 Sqft

3,485 Lot (sqft)

Sold 10/05/2026

$395,000

3 Beds

3 Baths

2,565 Sqft

3,485 Lot (sqft)

Sold 09/29/2026

$385,000

3 Beds

3.5 Baths

2,529 Sqft

3,485 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
340,000
$
Down payment
68,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,040
$
HOA (Monthly)
0
$
PMI
0
$
$2,201
Your Payment
Total Monthly Payment:$2,201
Percent of Income:38%
Affordable:No

Details for 5316 FAIR RAIN DR

Property Debt

Foreclosure Contact Details