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For sale
    • Price cut: $5K (7/7)
    $284,900

    531 Elm Ave, Wake Forest, NC 27587

    3beds
    1,609sqft
    : 
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    Townhouse, Residential
    Built in 2006
    871 Square Feet Lot
    $280,800 Zestimate®
    $177/sqft
    $161/mo HOA

    What's special

    Gas fireplacePrivate patio areaHardwood floorsFresh paint throughoutEating areaOpen main level floorplanNew carpet
    Welcome to 531 Elm Avenue. This thoughtfully designed townhome in the heart of Wake Forest has an open main level floorplan which features a generous living area with a gas fireplace which opens to a dining area and features hardwood floors. The kitchen has tile, a pantry, an eating area and opens to a private patio area. Upstairs, there are three bedrooms each with it's own private bath. Perfect for anyone who enjoys their privacy. Two bedrooms are on the second floor and the third bedroom occupies the third floor all alone. The home is a perfect set up for roommates. It has been a rental in the past and never had a problem getting renters. Great investment opportunity. All this and it is walking distance to downtown Wake Forest and all the restaurants, shops, events and Farmers Market. Fresh paint throughout as well as new carpet. Don't miss out on this wonderful opportunity.
    21 days
    |
    288
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooks Warren 919-801-2637,

    Coldwell Banker HPW

    Source: Doorify MLS,MLS#: 10176207MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central, Forced Air, Natural Gas, None
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer
      • Laundry: In Hall, Laundry Closet
      Features
      • Bathtub/Shower Combination, Ceiling Fan(s), Pantry, Smooth Ceilings
      • Flooring: Carpet, Hardwood, Tile, Vinyl
      • Windows: Blinds
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Living Room
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,609
      • Total interior livable area: 1,609 sqft
      • Finished area above ground: 1,609
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Assigned, Paved
      • Uncovered spaces: 1
      • Details: Multiple unassigned parking spaces available
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Patio
      • Has view: Yes
      Lot
      • Size: 871 Square Feet
      • Features: Landscaped
      Details
      • Additional structures: None
      • Parcel number: 184119604393
      • Zoning: UMX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Craftsman
      • Property subtype: Townhouse, Residential
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Street Lights
      • Subdivision: Avondale
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Maintenance Structure, Management, Trash
      • Services included: Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance, Trash
      • HOA fee: $161 monthly
      Location
      • Region: Wake Forest

      Financial & listing details

      • Price per square foot: $177/sqft
      • Tax assessed value: $283,496
      • Annual tax amount: $2,676
      • Date on market: 6/25/2026
      • Road surface type: Paved

        Estimated market value

        $280,800

        $267,000 - $295,000

        $1,845/mo

        Price history

        DateEventPrice
        7/7/2026Price change$284,900-1.7%$177/sqft
        Source: Doorify MLS #10176207 Report a problem
        6/25/2026Listed for sale$289,900+83.8%$180/sqft
        Source: Doorify MLS #10176207 Report a problem
        7/28/2017Sold$157,750-1.3%$98/sqft
        Source: Doorify MLS #2133690 Report a problem
        6/14/2017Pending sale$159,900$99/sqft
        Source: Fonville Morisey/Inside the Beltline Office #2133690 Report a problem
        6/13/2017Listed for sale$159,900+107.7%$99/sqft
        Source: Fonville Morisey/Inside the Beltline Office #2133690 Report a problem
        4/22/2016Sold$77,000-44.8%$48/sqft
        Source: Public Record Report a problem
        11/19/2014Listing removed$1,095$1/sqft
        Source: Hiller Properties Report a problem
        10/28/2014Price change$1,095-4.8%$1/sqft
        Source: Hiller Properties Report a problem
        10/7/2014Listed for rent$1,150$1/sqft
        Source: Hiller Properties Report a problem
        8/28/2014Listing removed$1,150$1/sqft
        Source: Hiller Properties Report a problem
        8/4/2014Listed for rent$1,150$1/sqft
        Source: Hiller Properties Report a problem
        8/8/2007Sold$139,500$87/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,677 +0.4%$283,496
        2024$2,666 +44.8%$283,496 +80.8%
        2023$1,842 +4.2%$156,803
        2022$1,768 $156,803
        2021-- $156,803
        2020-- $156,803 +18.5%
        2019-- $132,330
        2018-- $132,330
        2017-- $132,330
        2016$1,503 -8.6%$132,330 -7.6%
        2015$1,645 +3.3%$143,211
        2014$1,592 $143,211
        2013-- $143,211
        2012-- $143,211
        2011-- $143,211
        2010-- $143,211
        2009-- $143,211
        2008-- --
        2007-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 27587

        Getting around

        60 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wake - Wake Forest Elementary
        • Middle: Wake - Wake Forest Middle School
        • High: Wake - Wake Forest High School

        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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