When was property at 531 Madison Avenue built and last sold?

The property at 531 Madison Avenue was built in 1961 and last sold on Feb 27, 2023 for $375,000.

How much is this home worth?

The estimated value of the home located at 531 Madison Avenue is $0.

What are some comparable homes to 531 Madison Avenue?

There are currently no comparable homes to 531 Madison Avenue.

Cary

27513

Sunset Hills

531 Madison Avenue

$375,000

● House - Off Market

531 Madison Avenue

Cary, NC 27513

3 Beds

2 Baths

1,895 Ft²

$417,842

RealtyHop Estimate

4.49%

Since Mar 1, 2023

National-US

Primary Model

About This Property

Beautiful home in an awesome location to downtown Cary w/unique features & gorgeous landscaping that offers privacy. 4 bedroom home w/artists dream fenced back yard complete with spacious deck that leads to detached area of the home, perfect for guests, in law suite, home office, whatever you desire. Great multi-generational opportunity. Storage area with sep rooms, woodshop or art studio perhaps? Multiple additions completed by previous owner. Great for entertaining w/large rooms including a huge basement area. Master Suite offers a nice size walk in closet w/built ins, separate tub & shower, single sink & laundry room location Convenient to everything, shopping, dining, schools, RTP!

Unit Size

1,895 Ft²

Days on Market

Land Size

0.27 acres

Price per sqft

$211

Property Type

House

Property Taxes

$190

HOA Dues

Year Built

1961

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2474036)

Price History

Date / Event	Date	Event
Feb 27, 2023	Sold	Premium
Sold
Sep 14, 2022	Listed by Coldwell Banker HPW	$399,900
Listed by Coldwell Banker HPW
Sep 17, 2014	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1970
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 0
Construction Type: 6
Building Style: 15
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
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: 11,761

Total Building Area: 1,731
Building Area: 1,731
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,731
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: SUNSET HILLS
Land Acres: 0000000270
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO11 SUNSET HILLS BLA

Neighborhood

School District Name: Wake County Schools

Census Tract: 053524

Zoning

Zoning: R12

Geography

Account Number: 0011182

District: 04
Parcel: 0764.17-01-9969 0011182
Lot: 11
Municipality: CARY
Latitude: 35.7886
Longitude: -78.7944

Address

Full Address: 531 Madison Ave

Address - House Number: 531
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: 2023

Tax Amount: $236,971

Appraisal Valuation

Standard Deviation: 0.1195

Valuation Date: Aug 30, 2023
Confidence Score: 87
Final Value: 378,361
High Value: 423,584
Low Value: 333,137

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $234,502

Market Land Value: $100,000
Market Improvement Value: $134,502

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $234,502
Assessed Land Value: $100,000
Assessed Improvements Value: $134,502

Sales

Current Sale Contract Date: Feb 27, 2023

Current Sale Recording Date: Feb 27, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Sep 17, 2014
Previous Sale Contract Date: Sep 17, 2014
Previous Sale Amount: $140,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Loan Due Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Due Date:

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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

Unit for rent at 100 Drywood Place, Cary, NC, 27513

$2,150 /mo

3 Beds
2 Baths
1,901 ft²

100 Drywood Place, Cary, NC, 27513 Listing by Dameion Tarique Moore

Unit for rent at 421 Madison Avenue, Cary, NC, 27513

$2,175 /mo

4 Beds
3 Baths
2,020 ft²

421 Madison Avenue, Cary, NC, 27513 Listing by Vincent Thai

Unit for rent at 142 Callan Park Lane, Cary, NC, 27511

$2,200 /mo

3 Beds
2 Baths

142 Callan Park Lane, Cary, NC, 27511 Listing by Deb Brown

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jennifer Lange, Coldwell Banker HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2474036

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.

531 Madison Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Sunset Hills

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions