$550,000
Last sold price
5013 Memory Rd #7, Raleigh, NC 27609
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
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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
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Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Available |
View No View |
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Exterior Home Features Vegetation: OtherOther Structures: Other |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
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Price List Price: $600,000 |
Status Change & Dates Off Market Date: Thu Aug 03 2023Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Raleigh |
School Information Elementary School: Wake - Millbrook ElementaryJr High / Middle School: Wake - East Millbrook MiddleHigh School: Wake - Millbrook High |
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Lot Area: 0.81 acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Other |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 2522604 |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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
Avg. sale price
$444K
$3.83KMoM
Sale-to-List Price
98.9%
Price per sq ft
$234
$1MoM
Available listings
2237
20MoM
Around this home
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.
LGBTQ Local Legal Protections
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.
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.

