$399,700
- 3 Beds
- 1.5 Baths
- 1,075 sqft (on 0.25 acres)
516 E Millbrook Rd, Raleigh, NC 27609
Est. Refi. Payment $2,452/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 4, 2024 for $385,000
Home Value
Trulia Estimate
$400KSince last month
Decreased$3K (-0.6%)Since last year
Increased$200 (+0.1%)Since last sale
Increased$15K (+3.8%)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 +106% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $400K |
| August 2026 | $402K |
| July 2026 | $405K |
| June 2026 | $407K |
| May 2026 | $413K |
| April 2026 | $407K |
| March 2026 | $407K |
| February 2026 | $404K |
| January 2026 | $402K |
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 |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $550,000 | 10/30/25 | 3 | 2 | 1,307 | |
0.15 | Single-Family Home | $483,000 | 06/29/26 | 3 | 2.5 | 1,605 | |
0.10 | Single-Family Home | $508,000 | 12/19/25 | 3 | 2.5 | 1,807 | |
0.24 | Single-Family Home | $789,000 | 01/06/26 | 3 | 2 | 1,667 | |
0.24 | Single-Family Home | $469,000 | 02/02/26 | 3 | 2.5 | 1,806 | |
0.47 | Single-Family Home | $465,000 | 09/09/26 | 3 | 2 | 1,565 | |
0.40 | Single-Family Home | $500,000 | 08/26/26 | 3 | 2 | 1,462 | |
0.47 | Single-Family Home | $402,500 | 12/11/25 | 3 | 2 | 1,297 | |
0.55 | Single-Family Home | $495,000 | 10/17/25 | 3 | 2 | 1,310 |
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 |
|---|---|---|---|---|---|---|
0.03 | $1,589,000 | 4 | 3.5 | 3,392 | Recently Sold | |
0.01 | $530,600 | 3 | 2 | 1,247 | Off Market | |
0.09 | $537,600 | 3 | 2 | 1,307 | Off Market | |
0.05 | $435,000 | 4 | 2.5 | 1,712 | Off Market | |
0.09 | $1,749,000 | 4 | 4.5 | 4,328 | For Sale | |
0.11 | $2,825,000 | 4 | 5 | 4,297 | For Sale | |
0.11 | $668,400 | 4 | 3 | 2,063 | Off Market | |
0.10 | $217,600 | 2 | 2 | 1,004 | Off Market | |
0.10 | $165,700 | 2 | 2 | 1,040 | Off Market | |
0.10 | $141,700 | 2 | 2 | 1,034 | Off Market | |
0.10 | $131,500 | 1 | 1 | 851 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1965
0.25 acre lot
1,075 sqft
$372/sqft
Garage
About this House
What's unique:Hardwood floorsQuarter acre lotMature treesGranite countertopsWasher and dryerAttached garage
This charming Lakemont ranch is ready for it's next chapter! Conveniently located in Midtown, you can move in with peace of mind that the big projects have been taken care of with new windows (2020), new water heater (2021), and new HVAC (2023). There are hardwood floors throughout minus the kitchen and bathrooms and a one-car garage plus plenty of driveway parking. The .25-acre lot includes fresh landscaping in the front yard and the fenced back yard has mature trees for added privacy. There is a brick patio perfect for grilling. Enjoy football season watching games in the detached screened porch with electricity and a mounted TV that conveys!
516 E Millbrook Rd, Raleigh, NC 27609 is a 3 bedroom, 2 bathroom, 1,075 sqft single-family home in Falls of Neuse, built in 1965. It last sold for $385,000 on Jan 4, 2024 (5% below the $405,000 asking price). More recently, it was listed as a rental in March 2024 with an asking price of $2,900 per month. That rental listing was removed on June 30, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $399,700, with a rent estimate of $1,980/month.
Last check for updates: about 12 hours ago
Listed by Abbey Pope Williams, (919) 920-0847
Hodge & Kittrell Sotheby's Int
Bought with: Tina Caul, (919) 665-8210, EXP Realty LLC
Source: Doorify MLS, MLS#2533463

Home Details for 516 E Millbrook Rd
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Interior Details Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bathroom 2, Kitchen, Living Room, Utility Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1075 Square Feet |
Appliances & Utilities Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator, WasherDishwasherDryerLaundry: In GarageRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Gas PackHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Windows, Doors, Floors & Walls Flooring: Hardwood, Laminate |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Hardwood, Laminate |
View No View |
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Exterior Home Features Patio / Porch: PorchExterior: Fenced Yard |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportNo GarageParking Spaces: 1Parking: Attached,Garage |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1075 Square Feet |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Ranch |
Building Construction Materials: Brick, Wood SidingNot a New Construction |
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Price List Price: $405,000 |
Status Change & Dates Off Market Date: Mon Nov 20 2023Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: RaleighCommunity: Lakemont |
School Information Elementary School: Wake - Douglas ElementaryJr High / Middle School: Wake - Carroll MiddleHigh School: Wake - Sanderson High |
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Building Area Building Area: 1075 Square Feet |
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No HOA |
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Lot Area: 10890 sqft |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 2533463Above Grade Unfinished Area: 1075 |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 30, 2024 Source: Zillow Rentals | ListingRemoved | |
May 8, 2024 Source: Zillow Rentals | PriceChange | $2,500 Price decreased by 4% |
Apr 23, 2024 Source: Zillow Rentals | PriceChange | $2,600 Price decreased by 4% |
Apr 8, 2024 Source: Zillow Rentals | PriceChange | $2,700 Price decreased by 4% |
Mar 25, 2024 Source: Zillow Rentals | PriceChange | $2,800 Price decreased by 3% |
Mar 16, 2024 Source: Zillow Rentals | Listed For Rent | $2,900 |
Jan 4, 2024 Source: Doorify MLS #2533463 | Sold | $385,000 |
Dec 4, 2023 Source: Doorify MLS #2533463 | Pending | $405,000 |
Dec 1, 2023 Source: BURMLS #2533463 | PendingToActive | $415,000 |
Nov 20, 2023 Source: Doorify MLS #2533463 | Contingent | $405,000 |
Nov 16, 2023 Source: Doorify MLS #2533463 | PriceChange | $405,000 Price decreased by 2% |
Nov 7, 2023 Source: Doorify MLS #2533463 | PriceChange | $415,000 Price decreased by 3% |
Nov 3, 2023 Source: Doorify MLS #2533463 | PriceChange | $430,000 Price decreased by 3% |
Oct 16, 2023 Source: Doorify MLS #2533463 | PriceChange | $445,000 Price decreased by 1% |
Sep 21, 2023 Source: Doorify MLS #2533463 | Listed For Sale | $449,900 |
May 6, 2020 Source: N/A | Sold | $250,000 |
Mar 30, 2020 Source: Agent Provided | Pending | $250,000 |
Mar 27, 2020 Source: Agent Provided | PriceChange | $250,000 Price decreased by 6% |
Mar 9, 2020 Source: Agent Provided | PriceChange | $265,900 Price decreased by 4% |
Feb 17, 2020 Source: Agent Provided | PriceChange | $275,900 Price decreased by 3% |
Nov 4, 2019 Source: Agent Provided | Listed For Sale | $284,900 |
Aug 2, 2018 Source: Doorify MLS #2198703 | Sold | $228,000 |
Jun 29, 2018 Source: Agent Provided | Pending | $235,000 |
Jun 18, 2018 Source: Agent Provided | Listed For Sale | $235,000 |
May 25, 2007 Source: N/A | Sold | $148,500 |
Aug 24, 2001 Source: N/A | Sold | $124,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,145 | $358,342 |
Home facts updated by county records
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 516 E Millbrook Rd
- What is 516 E Millbrook Rd estimated to be worth?Trulia's estimated value for 516 E Millbrook Rd in Raleigh, NC is $399,700.
- What is the price history for 516 E Millbrook Rd?516 E Millbrook Rd in Raleigh, NC last sold for $385,000 in January 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.
- Does 516 E Millbrook Rd have air conditioning?Yes, 516 E Millbrook Rd in Raleigh, NC has air conditioning.
- Does 516 E Millbrook Rd have laundry facilities?Yes, 516 E Millbrook Rd in Raleigh, NC has in-unit laundry.

