OFF MARKET

Off Market Oct 2023 for $550K

—

Est. refi paymentEst. refi $1,056/mo

Land

•

0.81

acre (lot)

5013 Memory Rd, Raleigh, NC 27609

About this home

Zone OX-3 (Office Mixed Used) The property was fornerly used as a parking lot. Great zoning includes mult-family-residential and office. Great site to develop for multi-family including townhomes--duplexes--Quads--small apartment complex. No apparent minimum/maximum density requirement. Fantastic location/area for residential development and medical offices. Multi-million dollar improvements being made to properties located at the intersection of Falls of Neuse Rd and Millbrook Rd including a $10 Mill Plus addition to the Quail Corners Shopping Center. Also major re-development of Medical offices at North West side of Millbrook and Falls of Neuse. Walk to Quail Corners Shopping Center where more new restaurants and tenants are being planned to accomodate the new addition. Very near the bus line.

Vacant landProperty Type

0.81 acresLot Size

$0Price/Acres

Listed by Philip Layton • Market-One Realty, LLC

Bought with Jim Allen • Coldwell Banker HPW

Redfin checked: 3 minutes ago

•Source:TMLS #2522604

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 27609, NC

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.2%

0.2% MoM

Median sale price

$605K

$55K MoM

Avg. days on market

35d

1 days MoM

Recently sold homes

136

18 MoM

New listings for sale

COMING SOON
$290,000
2 beds2.5 baths1,196 sq ft
1824 Natalie Brook Way, Raleigh, NC 27609
COMING SOON
$575,000
3 beds2 baths1,892 sq ft
4209 Quail Hollow Dr, Raleigh, NC 27609
EARLY ACCESS
$750,000
2 beds2 baths1,731 sq ft
208 Windel Dr, Raleigh, NC 27609
NEW 13 HRS AGO
$2,400,000
4 beds4 baths4,832 sq ft
713 Catawba St, Raleigh, NC 27609
NEW 18 HRS AGO
$1,550,000
6 beds5.5 baths4,182 sq ft
305 Windel Dr, Raleigh, NC 27609
3D WALKTHROUGH
$529,900
4 beds2.5 baths2,310 sq ft
5805 Morning Forest Dr, Raleigh, NC 27609
NEW 31 HRS AGO
$250,000
2 beds1.5 baths1,005 sq ft
5078 Flint Ridge Pl, Raleigh, NC 27609
$339,900
3 beds2 baths1,475 sq ft
820 Green Ridge Dr, Raleigh, NC 27609
$530,000
3 beds2 baths2,184 sq ft
5209 Sedgefield Dr, Raleigh, NC 27609
$214,900
2 beds1.5 baths1,095 sq ft
5849 Shady Grove Cir, Raleigh, NC 27609
See all

Provided by Redfin

Sale history for 5013 Memory Rd

Date

Event

Price

TMLS #2522604

Oct 4, 2023

Sold

$550,000

Oct 4, 2023

Sold

$550,000

Aug 4, 2023

Pending

—

Jul 20, 2023

Listed

$600,000

Jul 20, 2023

Listed

$600,000

Public Records

Dec 8, 2005

Sold

$165,000

Public Records

Apr 21, 1995

Sold

$165,000

Public Records

Jul 23, 1986

Sold

$175,000

Year

Property tax

Land + Additions

Assessment*

2025

$4,657 (+0.4%)

$508,090 + $25,880

$533,970

2024

$4,638 (+46.3%)

$508,090 + $25,880

$533,970

2023

$3,171 (+7.7%)

$508,090 + $25,880

$533,970

2022

$2,945 (+4.1%)

$266,747 + $24,150

$290,897

2021

$2,830 (+1.9%)

$266,747 + $24,150

$290,897

2020

$2,779 (−17.9%)

$266,747 + $24,150

$290,897

2019

$3,385 (+6.1%)

$266,747 + $24,150

$290,897

2018

$3,191 (+5.0%)

$266,747 + $25,300

$292,047

2017

$3,038 (+2.1%)

$266,747 + $25,300

$292,047

2016

$2,975 (+8.6%)

$266,747 + $25,300

$292,047

2015

$2,740

$266,747 + $25,300

$292,047

Tax history for 5013 Memory Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,657 (+0.4%)

$508,090 + $25,880

$533,970

2024

$4,638 (+46.3%)

$508,090 + $25,880

$533,970

2023

$3,171 (+7.7%)

$508,090 + $25,880

$533,970

2022

$2,945 (+4.1%)

$266,747 + $24,150

$290,897

2021

$2,830 (+1.9%)

$266,747 + $24,150

$290,897

2020

$2,779 (−17.9%)

$266,747 + $24,150

$290,897

2019

$3,385 (+6.1%)

$266,747 + $24,150

$290,897

2018

$3,191 (+5.0%)

$266,747 + $25,300

$292,047

2017

$3,038 (+2.1%)

$266,747 + $25,300

$292,047

2016

$2,975 (+8.6%)

$266,747 + $25,300

$292,047

2015

$2,740

$266,747 + $25,300

$292,047

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.81 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Wake County

APN

1716.14 43 8912 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

OX-3-PL

Office Mixed Use District-3 Stories-Parking Limited Frontage

OX is intended to provide for a variety of office and employment uses while allowing for housing and limited retail and service-related options. Limited retail and service-related options are allowed subject to use standards that restrict the size and scale of each use.; OX is not intended to provide for areas exclusively dominated by office or employment uses but provide for developments that balance employment and housing options with access to convenience retail services and goods.; OX can serve as a land use transition between other mixed use districts and residential neighborhoods.; The PL Frontage is intended for areas where access to buildings by automobile is desired but where some level of walkability is maintained. Permits a maximum of 2 bays of on-site parking with a single drive aisle between the building and the street right-of-way.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Bed & breakfast
Office
Research & development
Public service-Other
Park & open space

Property details

Exterior

Property information
Other Structures: Other

Land Information
Current Use: Vacant
Vegetation: Other

Lot Information
Lot Size Acres: 0.81
Lot Size Area: 0.81
Lot Size Dimensions: 110x320
Lot Size Square Feet: 35280.0
Lot Size Units: Acres
Zoning: OX-3

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available
Water Source: Other

Location

School Information
Elementary School: Wake - Millbrook
Middle Or Junior School: Wake - East Millbrook
High School: Wake - Millbrook

Location Information
County Or Parish: Wake
Directions: Falls of Neuse North TR on Millbrook TR on Memory
Latitude: 35.848376
Longitude: -78.612542
Postal Code: 27609
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.81 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Wake County
APN: 1716.14 43 8912 000

Home facts updated by county records on Aug 10, 2026

Other

Listing Date Information
Contract Status Change Date: 2023-10-05
Documents Change Timestamp: 2023-10-25T10:46:59Z
Photos Change Timestamp: 2023-10-05T13:47:39Z

Around this home

Schools

Millbrook Elementary School

Public PreK-5 • Assigned • 0.1mi

5/10

East Millbrook Middle

Public 6-8 • Assigned • 2.1mi

2/10

Millbrook High

Public 9-12 • Assigned • 1.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

50% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27609

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 27609

COMING SOON

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COMING SOON

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EARLY ACCESS

$750,000

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208 Windel Dr, Raleigh, NC 27609

NEW 13 HRS AGO

$2,400,000

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713 Catawba St, Raleigh, NC 27609

NEW 18 HRS AGO

$1,550,000

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3D WALKTHROUGH

$529,900

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NEW 31 HRS AGO

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Home values near 5013 Memory Rd

Data from public records.

Address	Redfin Estimate
5000 Memory Rd, Raleigh, NC - Beds \| - Baths \| 1296 Sq. Ft.	$489,881
5101 Memory Rd, Raleigh, NC 3 Beds \| 1 Baths \| 1348 Sq. Ft.	$533,391

Address	Redfin Estimate
5004 Memory Rd, Raleigh, NC - Beds \| 1.5 Baths \| 1456 Sq. Ft.	$415,649
4910 Memory Rd, Raleigh, NC - Beds \| - Baths \| - Sq. Ft.	$682,168

Address	Redfin Estimate
5105 Memory Rd, Raleigh, NC 3 Beds \| 1 Baths \| 1449 Sq. Ft.	$495,174
1208 Country Ridge Dr, Raleigh, NC - Beds \| 2 Baths \| 1736 Sq. Ft.	$588,033

Property information provided by TMLS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 27609, NC

Sale history for 5013 Memory Rd

Tax history for 5013 Memory Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27609

Home values near 5013 Memory Rd

More real estate resources