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!
Sold for $375,000 on 02/27/23
$375,000
531 Madison Ave, Cary, NC 27513
3beds
1,895sqft
Single Family Residence, Residential
Built in 1961
0.27 Acres Lot
$409,600 Zestimate®
$198/sqft
$2,709 Estimated rent
Home value
$409,600
$389,000 - $430,000
$2,709/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 04:23pm
Listed by:
Jennifer Lange 919-601-2012,
Coldwell Banker HPW,
Jennifer Lange 919-601-2012,
Coldwell Banker HPW
Bought with:
Ryan Reynolds, 285611
Choice Residential Real Estate
Source: Doorify MLS,MLS#: 2474036
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Water Heater
- Laundry: Main Level
Features
- Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Granite Counters, In-Law Floorplan, Pantry, Master Downstairs, Separate Shower, Storage
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry, Unfinished, Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,895
- Total interior livable area: 1,895 sqft
- Finished area above ground: 1,895
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete, Driveway, Parking Pad
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Enclosed, Porch
- Exterior features: Fenced Yard, Rain Gutters
- Fencing: Privacy
- Has view: Yes
Lot
- Size: 0.27 Acres
- Features: Hardwood Trees, Landscaped, Open Lot
Details
- Additional structures: Shed(s), Storage, Workshop
- Parcel number: 0764019969
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Masonite
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cary
- Subdivision: Sunset Hills
HOA & financial
HOA
- Has HOA: No
- Services included: None
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2023 | Sold | $375,000-6.2%$198/sqft |
Source:  Doorify MLS #2474036 | ||
| 1/27/2023 | Contingent | $399,900$211/sqft |
Source: Doorify MLS #2474036 | ||
| 1/20/2023 | Listed for sale | $399,900$211/sqft |
Source: Doorify MLS #2474036 | ||
| 1/7/2023 | Contingent | $399,900$211/sqft |
Source: Doorify MLS #2474036 | ||
| 1/6/2023 | Price change | $399,900-11.1%$211/sqft |
Source: Doorify MLS #2474036 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,191 +2.9% | $369,939 +0.7% |
| 2024 | $3,101 +30.8% | $367,390 +56.7% |
| 2023 | $2,370 +3.9% | $234,502 |
Find assessor info on the county website
Neighborhood: 27513
Nearby schools
GreatSchools rating
- 9/10Weatherstone Elementary SchoolGrades: PK-5Distance: 1 mi
- 8/10East Cary Middle SchoolGrades: 6-8Distance: 1.7 mi
- 7/10Cary HighGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Wake - Weatherstone
- Middle: Wake - East Cary
- High: Wake - Cary
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$409,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$409,600