5013 Memory Rd #7, Raleigh, NC 27609
Property image
Property image
OFF MARKET

$550,000

Last sold price

    5013 Memory Rd #7, Raleigh, NC 27609

    Falls of Neuse
    Currently Off Market - Sold Oct 4, 2023 for $550,000

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.05
    Lot/Land
    $825,000
    10/24/25
    -
    -
    2.58
    Lot/Land
    $720,000
    08/05/26
    -
    -
    2.42
    Lot/Land
    $110,000
    09/09/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.05
    $506,800
    3
    1
    1,348
    Off Market
    0.07
    $483,900
    3
    1
    1,449
    Off Market
    0.17
    $533,100
    4
    2.5
    2,262
    Off Market
    0.19
    $620,800
    4
    2.5
    2,260
    Off Market
    0.21
    $690,000
    4
    3.5
    2,071
    Recently Sold
    0.17
    $284,000
    2
    2.5
    1,195
    For Sale
    0.18
    $285,000
    2
    2.5
    1,212
    Recently Sold
    0.19
    $280,000
    2
    2.5
    1,189
    Recently Sold
    0.21
    $269,000
    2
    2.5
    1,214
    Off Market
    0.20
    $268,700
    2
    2.5
    1,212
    Off Market
    0.22
    $268,000
    2
    2.5
    1,150
    Off Market

    Local Information

    • Map ViewExplore the area around 5013 Memory Rd #7.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    0.81 acre lot

    About this House

    Zone OX-3 (Office Mixed Used) The property was fornerly used as a parking lot. Great zoning includes mult-family-residential and office. Great site to develop for multi-family including townhomes--duplexes--Quads--small apartment complex. No apparent minimum/maximum density requirement. Fantastic location/area for residential development and medical offices. Multi-million dollar improvements being made to properties located at the intersection of Falls of Neuse Rd and Millbrook Rd including a $10 Mill Plus addition to the Quail Corners Shopping Center. Also major re-development of Medical offices at North West side of Millbrook and Falls of Neuse. Walk to Quail Corners Shopping Center where more new restaurants and tenants are being planned to accomodate the new addition. Very near the bus line.
    5013 Memory Rd #7, Raleigh, NC 27609 is a lot/land in Falls of Neuse. It last sold for $550,000 on Oct 4, 2023 (8% below the $600,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 10 hours ago
    Listed by Philip Layton, (919) 740-3324
    Market-One Realty, LLC
    Bought with: Jim Allen, (919) 645-2114, Coldwell Banker HPW
    Source: Doorify MLS, MLS#2522604

    Home Details for 5013 Memory Rd #7

    Interior Features

    Appliances & Utilities
    Utilities: Cable Available, Electricity Available, Natural Gas Available
    View
    No View

    Exterior Features

    Exterior Home Features
    Vegetation: OtherOther Structures: Other
    Frontage
    Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved
    Water & Sewer
    Sewer: Public Sewer

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land

    Price & Status

    Price
    List Price: $600,000
    Status Change & Dates
    Off Market Date: Thu Aug 03 2023Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Closed

    Location

    Direction & Address
    City: Raleigh
    School Information
    Elementary School: Wake - Millbrook ElementaryJr High / Middle School: Wake - East Millbrook MiddleHigh School: Wake - Millbrook High

    Lot Information

    Lot Area: 0.81 acres

    Offer

    Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Other

    Mobile R/V

    Mobile Home Park
    Mobile Home Units: Feet

    Miscellaneous

    Mls Number: 2522604

    Additional Information

    Source Internet Entire Listing Display

    Price and Tax history

    DateEventPrice
    Oct 4, 2023
    Source: Doorify MLS #2522604
    Sold
    $550,000
    Aug 4, 2023
    Source: Doorify MLS #2522604
    Pending
    $600,000
    Jul 20, 2023
    Source: Doorify MLS #2522604
    Listed For Sale
    $600,000

    Market trends in Raleigh

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $444K
    $3.83K
    MoM
    Sale-to-List Price
    98.9%
    Price per sq ft
    $234
    $1
    MoM
    Available listings
    2237
    20
    MoM

    Neighborhood Overview

    Neighborhood stats provided by third party data sources.

    What Locals Say about Falls of Neuse

    At least 102 Trulia users voted on each feature.
    • 91 % Say it's dog friendly

    • 84 % Say car is needed

    • 83 % Say there are sidewalks

    • 75 % Say there's holiday spirit

    • 73 % Say it's walkable to grocery stores

    • 72 % Say streets are well-lit

    • 71 % Say people would walk alone at night

    • 70 % Say parking is easy

    • 68 % Say it's walkable to restaurants

    • 63 % Say it's quiet

    • 62 % Say kids play outside

    • 60 % Say yards are well-kept

    • 52 % Say they plan to stay for at least 5 years

    • 45 % Say there's wildlife

    • 42 % Say neighbors are friendly

    • 33 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "Friendly and respectful "
    • Trulia User
      "Great place to live and neighbors are always happy to help each others. Anytime anyone needs help just ask for help and help is on the way. Thanks"
    • Trulia User
      "Lived here for over 5 years beautiful place to live peaceful quite but busy enough for city life great place to raise kids roads get busy rush hour but not as busy as a New York recommended "
    • Trulia User
      "there are plenty of places to go shopping and there are also restaurants to eat at and a good number of hotels to stay in "
    • Jay
      "People donโ€™t pick up after their dogs but there are a lot of good owners here too. We are close to a lot of shopping and good restaurants."
    • Cam G.
      "iโ€™ve lived here for 3 years so far and it has been amazing. Very quiet and peaceful area with easy access to shops and highway"
    • Jeff P.
      "North Hills Shopping Center runs the Beach Music Series every Spring/Summer, which has become very popular. "
    • Xi C.
      "Iโ€™m very close to work. Actually thatโ€™s why I chose to live here so I have no complains for this regard."
    • A Daniels
      "Great walking with a dog park near by! Many dogs to play with and traffic is all local! Just remember to please pick up after your pets and you will be welcome! Con: there are foxes and other hazardous wildlife in the neighborhood but thatโ€™s anywhere "
    • Raymond J.
      "Quite easy to commute! The drive is quite pleasant, not too much traffic, although rush hour can be busy! "
    • Randycahoon
      "We donโ€™t have a dog, so no real idea... I do see people walking dogs pretty often. The sidewalks arenโ€™t very wide so walking past someone with a dog could be challenging "
    • Randy C. T.
      " I canโ€™t comment as I only have cats. There are ample sidewalks and some areas where animals could be let off their leashes"
    • Randycahoon
      "Long. I work in Selma and live here. Good access to I 440. There is a lot of traffic but most cars are going into Town when Iโ€™m leaving "
    • Unspecified
      "What makes a neighbourhood unique is the accessibility to stores, and pet friendly dog parks , friendly neighbours With close. Walk trail ๐Ÿถ"
    • Nancy N.
      "Iโ€™ve lived in this neighborhood for almost 20 years. Family friendly and safe. Easy commute to local shops and restaurants. "
    • Sue35092
      "Convenient to anywhere in the triangle in 2o minutes, yet quiet, family neighborhood. - off Wake Forest Road and the 440-Beltline. Minutes from new North Hills shopping."
    • Jroakes
      "Walk to shopping, the grocery store, a movie theater, and restaurants. Right down the street from North Hills. Great parks, schools, and churches nearby."

    LGBTQ Local Legal Protections

    The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
    Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

    Frequently asked questions about 5013 Memory Rd #7

    • What is the price history for 5013 Memory Rd #7?
      5013 Memory Rd #7 in Raleigh, NC last sold for $550,000 in October 2023.
    • Is Raleigh a buyer's or seller's market?
      Raleigh is currently a balanced market, based on recent for-sale activity.
    • What's the median sale price in Raleigh?
      The median sale price in Raleigh is $444K. That is up $3.83K from the prior month.
    • What do residents say about the Falls of Neuse neighborhood?
      Residents describe the Falls of Neuse neighborhood in Raleigh, NC as dog-friendly, pedestrian-friendly, and walkable to grocery stores. See recently sold homes in Falls of Neuse, Raleigh.

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