531 Elm Ave
Wake Forest, NC 27587
3 Beds
3.5 Baths
1,609 sqft
3 Beds
3.5 Baths
1,609 sqft
Local Information
- Map ViewExplore the area around 531 Elm Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
Welcome to 531 Elm Avenue. This thoughtfully designed townhome in the heart of Wake Forest has an open main level floorplan which features a generous living area with a gas fireplace which opens to a dining area and features hardwood floors. The kitchen has tile, a pantry, an eating area and opens to a private patio area. Upstairs, there are three bedrooms each with it's own private bath. Perfect for anyone who enjoys their privacy. Two bedrooms are on the second floor and the third bedroom occupies the third floor all alone. The home is a perfect set up for roommates. It has been a rental in the past and never had a problem getting renters. Great investment opportunity. All this and it is walking distance to downtown Wake Forest and all the restaurants, shops, events and Farmers Market. Fresh paint throughout as well as new carpet. Don't miss out on this wonderful opportunity.
Home Highlights
Parking
1 Open Spaces
Outdoor
Patio
A/C
Heating & Cooling
HOA
$161/Monthly
Price/Sqft
$177
Listed
14 days ago
Home Details for 531 Elm Ave
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Interior Details Number of Rooms: 6 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1609 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Refrigerator, WasherDishwasherDryerLaundry: In Hall,Laundry ClosetRefrigeratorWasher |
Heating & Cooling Heating: Central, Forced Air, Natural Gas, NoneHas CoolingAir Conditioning: Central Air, ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas Log, Living RoomHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: BlindsFlooring: Carpet, Hardwood, Tile, VinylCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 3Levels: Three Or MoreFloors: Carpet, Hardwood, Tile, Vinyl |
View Has a View |
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Exterior Home Features Roof: ShinglePatio / Porch: PatioOther Structures: NoneFoundation: SlabNo Private Pool |
Parking & Garage Open Parking Spaces: 1Other Parking: Multiple unassigned parking spaces availableNo GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Assigned,Paved |
Frontage Road Frontage: Private RoadRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1609 Square Feet |
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Days on Market: 14 |
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Year Built Year Built: 2006 |
Property Type / Style Property Type: ResidentialProperty Subtype: Townhouse, ResidentialStructure Type: Site Built, TownhouseArchitecture: Craftsman |
Building Construction Materials: Vinyl SidingNot a New ConstructionAttached To Another Structure |
Property Information Parcel Number: 184119604393 |
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Price List Price: $284,900Price Per Sqft: $177 |
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MLS Status: Active |
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Direction & Address City: Wake ForestCommunity: Avondale |
School Information Elementary School: Wake - Wake Forest ElementaryJr High / Middle School: Wake - Wake Forest Middle SchoolHigh School: Wake - Wake Forest High School |
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Listing Agent Listing ID: 10176207 |
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Building Area Building Area: 1609 Square Feet |
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Community Features: Street LightsNot Senior Community |
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HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance, TrashHas an HOAHOA Fee: $161/Monthly |
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Lot Area: 871.2 sqft |
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Special Conditions: Standard |
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Mls Number: 10176207Above Grade Unfinished Area: 1609 |
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HOA Amenities: Maintenance Grounds, Maintenance Structure, Management, TrashSource Internet Entire Listing Display |
Last check for updates: about 20 hours ago
Listing courtesy of Brooks Warren, (919) 801-2637
Coldwell Banker HPW
Source: Doorify MLS, MLS#10176207
Also Listed on Doorify MLS.
Market trends in Wake Forest
Last updated May 2026
Avg. sale price
$529K
$15KMoM
Sale-to-List Price
98.7%
0.2%MoM
Price per sq ft
$210
$2MoM
Available listings
528
52MoM
Price History for 531 Elm Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2026 | $284,900 | PriceChange | Doorify MLS #10176207 |
| 06/25/2026 | $289,900 | Listed For Sale | Doorify MLS #10176207 |
| 07/28/2017 | $157,750 | Sold | Doorify MLS #2133690 |
| 06/14/2017 | $159,900 | Pending | Agent Provided |
| 06/13/2017 | $159,900 | Listed For Sale | Agent Provided |
| 04/22/2016 | $77,000 | Sold | N/A |
| 11/19/2014 | $1,095 | ListingRemoved | Agent Provided |
| 10/28/2014 | $1,095 | PriceChange | Agent Provided |
| 10/07/2014 | $1,150 | Listed For Rent | Agent Provided |
| 08/28/2014 | $1,150 | ListingRemoved | Agent Provided |
| 08/04/2014 | $1,150 | Listed For Rent | Agent Provided |
| 08/08/2007 | $139,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,677 |
| Assessment | $283,496 |
Home facts updated by county records
Comparable Sales for 531 Elm Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Townhouse | $265,000 | 09/30/25 | 3 | 2.5 | 1,523 | |
0.06 | Townhouse | $307,500 | 03/31/26 | 3 | 3.5 | 1,860 | |
0.12 | Townhouse | $289,000 | 07/29/25 | 3 | 2.5 | 1,531 | |
0.15 | Townhouse | $295,000 | 04/23/26 | 3 | 2.5 | 1,806 | |
0.09 | Townhouse | $295,000 | 10/16/25 | 3 | 2.5 | 1,408 | |
0.27 | Townhouse | $266,400 | 01/02/26 | 3 | 2 | 1,315 | |
0.23 | Townhouse | $250,000 | 05/20/26 | 2 | 2.5 | 1,076 | |
0.30 | Townhouse | $423,500 | 05/07/26 | 3 | 2.5 | 2,228 | |
0.33 | Townhouse | $441,500 | 04/30/26 | 3 | 2.5 | 2,237 |
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Assigned Schools
These are the assigned schools for 531 Elm Ave.
- Wake Forest Elementary
- PK-5
- Public
- 422 Students
6/10GreatSchools RatingParent Rating AverageThis school is going downhill because the administration is not supportive. The principal and her assistant are all about their EGO. They are not good listeners to parents' concerns. The principal "Chell Smith" is creating an atmosphere that makes the teachers stressed out, afraid, and not teaching at their full capacity. This school needs better leaders so kids and teachers can show better progress.Leaders in Wake County need to keep a close eye on the administration in this school; they are all covering each other against any negative concern, denying the incident, and acting very rudely.Parent Review4mo ago - Wake Forest High School
- 9-12
- Public
- 1952 Students
7/10GreatSchools RatingParent Rating AverageI spent all 4 years at this high school, and my experience is kind of iffy. Yes, there were some good teachers, but other teachers at this school were horrible. The teacher's use some of the same methods of teaching that were used during the covid years, just showing videos and not explaining or going over what was learned. The environment is not welcoming and fights happen every week at the school, providing an unsafe environment for students there actually trying to learn. The school also only prepares you for college if you are staying in-state, if you're planning on going to an out of state school, nobody is going to help you. The school will also prioritize the students doing well in classes and not give an equal opportunity to students having problems learning, some teachers only teaching in a way that is made to help certain types of students learn (like type a learners). In addition to the horrible education at this school, the funding for programs goes mainly to athletics, leaving little to no money for other programs. Overall, I would not recommend a parent looking to send their child to this school unless they are looking to emotionally traumatize them.Other Review2y ago - Wake Forest Middle School
- 6-8
- Public
- 889 Students
4/10GreatSchools RatingParent Rating AverageI love this school :) Everything is so wonderful here!Parent Review2mo ago 
Check out schools near 531 Elm Ave.
What Locals Say about Wake Forest
At least 407 Trulia users voted on each feature.
94 % Say car is needed
93 % Say it's dog friendly
87 % Say parking is easy
83 % Say there's holiday spirit
80 % Say people would walk alone at night
79 % Say yards are well-kept
76 % Say kids play outside
75 % Say there are sidewalks
73 % Say it's quiet
68 % Say streets are well-lit
64 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
58 % Say there's wildlife
49 % Say there are community events
36 % Say it's walkable to restaurants
33 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brooks Warren, Coldwell Banker HPW
Agent Phone: (919) 801-2637
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.
531 Elm Ave, Wake Forest, NC 27587 is a 3 bedroom, 4 bathroom, 1,609 sqft townhouse built in 2006. This property is currently available for sale and was listed by Doorify MLS on Jun 25, 2026. The MLS # for this home is MLS# 10176207.