For sale

Price cut: $6.9K (8/25)

$338,100

513 Madison Ave, Cary, NC 27513

3beds

993sqft

$2,035/mo

Get pre-qualified

Single Family Residence, Residential

Built in 1959

0.28 Acres Lot

$330,700 Zestimate^®

$340/sqft

$-- HOA

What's special

Ranch-style homeMultiple outbuildingsPrivate backyardMature treesFlat lot

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.

74 days
2,559
99

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

None

Cooling

Central Air

Appliances

Included: Electric Range, Microwave, Refrigerator
Laundry: In Bathroom, Laundry Room

Features

Eat-in Kitchen, Kitchen/Dining Room Combination, Separate Shower
Flooring: Carpet, Hardwood, Vinyl

Interior area

Total structure area: 993
Total interior livable area: 993 sqft
Finished area above ground: 993
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Concrete, Driveway

Features

Levels: One
Stories: 1
Exterior features: Rain Gutters
Fencing: Chain Link, Partial
Has view: Yes

Lot

Size: 0.28 Acres
Features: Back Yard, Front Yard

Details

Additional structures: Outbuilding, Shed(s), Workshop
Parcel number: 076417115900000 0049720
Zoning: R12
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch, Transitional
Property subtype: Single Family Residence, Residential

Materials

Other
Roof: Shingle

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Sunset Hills

HOA

Has HOA: No

Location

Region: Cary

Financial & listing details

Price per square foot: $340/sqft
Tax assessed value: $297,879
Annual tax amount: $2,573
Date on market: 6/16/2026
Road surface type: Paved

Estimated market value

$330,700

$314,000 - $347,000

$1,932/mo

Price history

Date	Event	Price
8/25/2026	Price change	$338,100-2%$340/sqft
Source: Doorify MLS #10174263 Report a problem
7/7/2026	Price change	$345,000-5.5%$347/sqft
Source: Doorify MLS #10174263 Report a problem
6/16/2026	Listed for sale	$365,000+223%$368/sqft
Source: Doorify MLS #10174263 Report a problem
9/1/2011	Sold	$113,000-5.8%$114/sqft
Source: Public Record Report a problem
5/26/2011	Price change	$119,900-4.1%$121/sqft
Source: Clickit Realty #1785817 Report a problem
2/11/2011	Price change	$125,000-4.6%$126/sqft
Source: Keller Williams Realty-Cary #1726285 Report a problem
5/16/2010	Price change	$131,000-6.4%$132/sqft
Source: Keller Williams Realty-Cary #1726285 Report a problem
1/18/2010	Listed for sale	$140,000+25%$141/sqft
Source: re/max united #1702894 Report a problem
11/17/2005	Sold	$112,000+220%$113/sqft
Source: Public Record Report a problem
11/10/2004	Sold	$35,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,573 +2.2%	$297,879
2024	$2,518 +45.2%	$297,879 +74.1%
2023	$1,735 +3.8%	$171,108
2022	$1,670 +2%	$171,108
2021	$1,637 -0.5%	$171,108
2020	$1,646 +21.2%	$171,108 +37%
2019	$1,357	$124,892
2018	$1,357 +10.8%	$124,892
2017	$1,225 +1.5%	$124,892
2016	$1,207 +10.4%	$124,892 +14.5%
2015	$1,094 +6%	$109,041
2014	$1,032	$109,041
2013	--	$109,041
2012	--	$109,041
2011	--	$109,041
2010	--	$109,041
2009	--	$109,041
2008	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--