5101 Memory Rd, Raleigh, NC 27609
Property image
Property image
OFF MARKET

$506,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,348 sqft (on 0.41 acres)

5101 Memory Rd, Raleigh, NC 27609

Falls of Neuse
Est. Refi. Payment $3,076/mo*
Refinance Your Home
Currently Off Market - Sold Mar 28, 2024 for $475,000

Home Value

Trulia Estimate
$507K
Since last month
Increased$6K (+1.1%)
Since last year
Decreased$9K (-1.7%)
Since last sale
Increased$37K (+7.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +102% in the last 10 years
MonthEstimated value
2026
September 2026$512K
August 2026$506K
July 2026$492K
June 2026$472K
May 2026$491K
April 2026$464K
March 2026$447K
February 2026$464K
January 2026$429K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
5204 Badham Pl, Raleigh, NC
0.35
Single-Family Home
$485,000
08/20/26
3
2
1,475
1605 Beechwood Dr, Raleigh, NC
0.44
Single-Family Home
$450,000
02/09/26
3
2
1,874
5208 Saddle Ct, Raleigh, NC
0.29
Single-Family Home
$670,000
05/29/26
3
3
1,937
5004 Foxlair Ct, Raleigh, NC
0.33
Single-Family Home
$575,000
07/21/26
5
4
3,969
4601 Pemberton Dr, Raleigh, NC
0.34
Single-Family Home
$537,000
05/05/26
4
2.5
2,774
1028 Cedarhurst Dr, Raleigh, NC
0.31
Single-Family Home
$615,000
10/16/25
4
3
2,482
1205 Indian Trail Dr, Raleigh, NC
0.24
Single-Family Home
$690,000
04/30/26
4
3.5
2,071
1523 Ivy Ln, Raleigh, NC
0.50
Single-Family Home
$650,000
10/22/25
3
2.5
1,790
5620 Old Forge Cir, Raleigh, NC
0.80
Single-Family Home
$520,000
04/23/26
3
2
1,594
1100 Sudbury Ct, Raleigh, NC
0.44
Single-Family Home
$600,000
03/23/26
4
2.5
2,609

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
5105 Memory Rd, Raleigh, NC 27609
0.02
$480,200
3
1
1,449
Off Market
5013 Memory Rd #7, Raleigh, NC 27609
0.05
-
-
-
-
Off Market
1610 Brook Fern Way, Raleigh, NC 27609
0.16
$285,000
2
2.5
1,212
Recently Sold
1618 Brook Fern Way, Raleigh, NC 27609
0.16
$284,000
2
2.5
1,195
For Sale
1703 Sorrell Brook Way, Raleigh, NC 27609
0.18
$280,000
2
2.5
1,189
Recently Sold
1704 Sorrell Brook Way, Raleigh, NC 27609
0.19
$268,700
2
2.5
1,212
Off Market
1708 Sorrell Brook Way, Raleigh, NC 27609
0.20
$269,000
2
2.5
1,197
Off Market
1721 Sorrell Brook Way, Raleigh, NC 27609
0.21
$261,200
2
2.5
1,208
Off Market
1726 Sorrell Brook Way, Raleigh, NC 27609
0.22
$283,100
2
2.5
1,184
Off Market
1733 Sorrell Brook Way, Raleigh, NC 27609
0.22
$280,000
2
2.5
1,200
Recently Sold
1723 Zachary Brook Ln, Raleigh, NC 27609
0.23
$309,100
3
2.5
1,812
Off Market

Local Information

  • Map ViewExplore the area around 5101 Memory Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1958
0.41 acre lot
1,348 sqft
$376/sqft
Open Parking

About this House

What's unique:Single family residential
Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Property is vacant, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5105 Memory Rd as a simuataneous closing/transaction--seeMLS-2532285 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.
5101 Memory Rd, Raleigh, NC 27609 is a 3 bedroom, 1 bathroom, 1,348 sqft single-family home in Falls of Neuse, built in 1958. It last sold for $475,000 on Mar 28, 2024 (14% below the $550,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $506,800, with a rent estimate of $1,981/month.
Last check for updates: about 13 hours ago
Listed by Philip Layton, (919) 740-3324
Market-One Realty, LLC
Bought with: Dana Lemon, (706) 224-1517, Property Specific, LLC
Source: Doorify MLS, MLS#2532283

Home Details for 5101 Memory Rd

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 5Types of Rooms: Master Bedroom
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1348 Square Feet
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
Number of Fireplaces: 1
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Vinyl
View
No View

Exterior Features

Parking & Garage
No CarportNo GarageHas Open ParkingParking: Concrete,Driveway
Finished Area
Finished Area (above surface): 1348 Square Feet

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Bungalow
Building
Construction Materials: BrickNot a New Construction

Price & Status

Price
List Price: $550,000
Status Change & Dates
Off Market Date: Wed Dec 20 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

Building

Building Area
Building Area: 1348 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.41 acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 2532283Above Grade Unfinished Area: 1348

Additional Information

Source Internet Entire Listing Display

Price and Tax history

DateEventPrice
Mar 28, 2024
Source: Doorify MLS #2532283
Sold
$475,000
Dec 20, 2023
Source: Doorify MLS #2532283
Pending
$550,000
Sep 14, 2023
Source: Doorify MLS #2532283
Listed For Sale
$550,000
Aug 17, 2023
Source: Doorify MLS #2526694
ListingRemoved
Aug 12, 2023
Source: Doorify MLS #2526694
Listed For Sale
$550,000

Market trends in Raleigh

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Falls of Neuse
See Local Highlights
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 "
    0
    Flag
  • 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"
    1
    Flag
  • 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 "
    0
    Flag
  • 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 "
    0
    Flag
  • Jay
    "People don’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."
    1
    Flag
  • Cam G.
    "i’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"
    4
    Flag
  • Jeff P.
    "North Hills Shopping Center runs the Beach Music Series every Spring/Summer, which has become very popular. "
    0
    Flag
  • Xi C.
    "I’m very close to work. Actually that’s why I chose to live here so I have no complains for this regard."
    3
    Flag
  • 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 that’s anywhere "
    0
    Flag
  • Raymond J.
    "Quite easy to commute! The drive is quite pleasant, not too much traffic, although rush hour can be busy! "
    0
    Flag
  • Randycahoon
    "We don’t have a dog, so no real idea... I do see people walking dogs pretty often. The sidewalks aren’t very wide so walking past someone with a dog could be challenging "
    1
    Flag
  • Randy C. T.
    " I can’t comment as I only have cats. There are ample sidewalks and some areas where animals could be let off their leashes"
    0
    Flag
  • 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 I’m leaving "
    0
    Flag
  • Unspecified
    "What makes a neighbourhood unique is the accessibility to stores, and pet friendly dog parks , friendly neighbours With close. Walk trail 🐶"
    0
    Flag
  • Nancy N.
    "I’ve lived in this neighborhood for almost 20 years. Family friendly and safe. Easy commute to local shops and restaurants. "
    1
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag

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 5101 Memory Rd

  • What is 5101 Memory Rd estimated to be worth?
    Trulia's estimated value for 5101 Memory Rd in Raleigh, NC is $506,800.
  • What is the price history for 5101 Memory Rd?
    5101 Memory Rd in Raleigh, NC last sold for $475,000 in March 2024.
  • 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.
  • How big is the lot at 5101 Memory Rd?
    The lot at 5101 Memory Rd in Raleigh, NC is about 0.41 acres (17,860 sq ft).
  • Does 5101 Memory Rd have parking?
    Yes, 5101 Memory Rd in Raleigh, NC has on-site parking.

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