5316 Gerome Place

Off Market

5316 Gerome Place

Silver Lake NC 28412

15464 sq. ft.

Single-Family

Last sold for $209,000

Andrea Ochoa, last sold this property on 13 April 2026 after 17 days on market.

Overview

Rare Opportunity Near Motts Creek - No HOA! Here's the opportunity you've been waiting for. Nestled on over one third of an acre overlooking scenic Motts Creek, this brick single-family ranch offers the perfect blend of privacy, potential, and location. Situated on a spacious 15,000+ sq ft lot, this home features solid bones and a functional floor plan, making it an ideal canvas to renovate and personalize to your taste. Enjoy peaceful living on a tranquil street with the added bonus of NO HOA--giving you the freedom to truly make this property your own. Step outside to a fenced backyard, perfect for pets or entertaining, along with a screened porch where you can relax and take in the natural surroundings. A large garden shed provides ample storage for tools, hobbies, or outdoor equipment. Conveniently located while still offering a quiet, tucked-away feel, this property is a rare find with endless potential. Also near to the River Lights Area. This home is not move-in ready, it needs work. There is 1500 sq ft. of unheated space available for your imagination!

Features

3 bedrooms

2 bathrooms

15464 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Silver Lake over the last 12 months, the estimated median property value of 5316 Gerome Place is $431.57k.

Median value

$431.57k

Estimated value range

$159.5k - $1.16m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Silver Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5316 Gerome Place

2026

Sold

$209,000

13 Apr 2026 by Andrea Ochoa, of Collective Realty LLC

Happy sellers in Silver Lake

56%

56% of sellers in Silver Lake reported that their sale price either exceeded or met their price expectations.

Silver Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Silver Lake over the last 12 months.

Local market activity for 3 bedroom single-family properties in Silver Lake

In the last 12 months, 397 three-bedroom single-family properties similar to 5316 Gerome Place, have been sold.

This represents a 8% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Silver Lake for a market analysis.

Jennifer Bullock Team

at Jennifer Bullock Team

(259 reviews)

Get a market analysis

Katie Kowalski

at Jennifer Bullock Team

(43 reviews)

Get a market analysis

Danielle George

at REMAX Executive | Wilmington

4.9

(7 reviews)

Get a market analysis

John Blackmon

at Better Homes and Gardens Real Estate Treasure III

(27 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Silver Lake

Jennifer Bullock Team

Sellers who recommend Jennifer Bullock Team have praised them for being local expert, clear communication, responsive, supportive, great team, friendly, and dedicated