When was property at 513 Madison Avenue built and last sold?

The property at 513 Madison Avenue was built in 1959 and last sold on Aug 31, 2011 for $113,000.

How much is this home worth?

The estimated value of the home located at 513 Madison Avenue is $368,650.

What are some comparable homes to 513 Madison Avenue?

There are currently no comparable homes to 513 Madison Avenue.

Cary

27513

Sunset Hills

513 Madison Avenue

Sold on Oct 22, 2026

Map

$300,000

● House - Off Market

513 Madison Avenue

Cary, NC 27513

3 Beds

2 Baths, 1 Half Bath

993 Ft²

$1,875

Est. Monthly

About This Property

Rare opportunity in an unbeatable Cary location! Just 0.5 miles from Vicious Fishes Brewery and South Line Brewing, 1 mile from Bond Brothers Beer Company, and 1 mile from Downtown Cary Park. This ranch-style home sits on a flat lot with mature trees and a private backyard. Multiple outbuildings and a workshop provide endless possibilities for hobbies, storage, or projects. No HOA! Bring your vision and make this home your own. Major updates include Roof (2018), HVAC (2021), water heater (2025), and stove (2024). A fantastic property with incredible potential in one of Cary's most desirable locations. Showings by appointment only.

Unit Size

993 Ft²

Days on Market

128 days

Land Size

0.28 acres

Price per sqft

$340

Property Type

House

Property Taxes

$214

HOA Dues

Year Built

1959

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Last updated: 6 days ago (TMLS #10174263)

Price History

Date / Event	Date	Event
Oct 22, 2026	Sold	Premium
Sold
Sep 9, 2026	In contract	-
In contract
Aug 26, 2026	Price Decreased	$338,100 ↓ $7K (2%)
Price Decreased
Jul 7, 2026	Price Decreased	$345,000 ↓ $20K (5.5%)
Price Decreased
Jun 16, 2026	Listed by Triangle Residential Realty	$365,000
Listed by Triangle Residential Realty
Sep 1, 2011	Sold	Premium
Sold
Nov 17, 2005	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Total Rooms: 5
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 0
Construction Type: 0
Building Style: 15
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Business/Commerical Units Count: 8
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,197

Total Building Area: 966
Building Area: 966
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 6
Heating: 3
Heated Square Feet: 966
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: SUNSET HILLS SUB
Land Acres: 0000000280
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO4 SUNSET HILLS SUB BLA BM1959-00118

Neighborhood

School District Name: Wake County Schools

Census Tract: 053524

Zoning

Zoning: R12

Geography

Account Number: 0049720

District: 04
Parcel: 0764.17-11-5900 0049720
Lot: 4
Municipality: CARY
Latitude: 35.7883
Longitude: -78.7926

Address

Full Address: 513 Madison Ave

Address - House Number: 513
Address - Street Name: Madison
Address - Suffix Type: Ave
State: NC
City Name: Cary
Carrier Code: C007
4-Digit Zip Code: 4404
Zip Code: 27513

Valuation

Tax

Tax Year: 2022

Tax Amount: $167,033

Appraisal Valuation

Standard Deviation: 0.1237

Valuation Date: Aug 31, 2022
Confidence Score: 86
Final Value: 303,210
High Value: 340,741
Low Value: 265,678

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $171,108

Market Land Value: $100,000
Market Improvement Value: $71,108

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $171,108
Assessed Land Value: $100,000
Assessed Improvements Value: $71,108

Sales

Current Sale Contract Date: Aug 31, 2011

Current Sale Recording Date: Sep 01, 2011
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Nov 17, 2005
Previous Sale Contract Date: Nov 16, 2005
Previous Sale Amount: $112,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sunset Hills

Stats & Trends

Median Asking:

$338,100

Sale Price/ft²

$351

Below Asking

0.03%

Average Days on Market

129

Average Home Size

959 ft²

Average Home Age

66.7 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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2 Beds
1 Bath
708 ft²

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Unit for rent at 902 W Chatham Street, Cary, NC, 27511

$1,295 /mo

2 Beds
2 Baths

902 W Chatham Street, Cary, NC, 27511 Listing by Johnna Spivey

Unit for rent at 906 W Chatham Street, Cary, NC, 27511

$1,295 /mo

2 Beds
2 Baths

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Rentals Near You

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Listed by: Marisol Alvarez, Triangle Residential Realty
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10174263

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.