1031 Wait Ave Wake Forest, NC 27587
Estimated payment $3,144/month
Highlights
- Additional Residence on Property
- 0.75 Acre Lot
- Private Lot
- Richland Creek Elementary School Rated A-
- Deck
- Traditional Architecture
About This Home
Incredible Dual-Home Property Near Historic Downtown Wake Forest!
Don't miss this rare opportunity to own two separate homes on one beautifully private, centrally located lot—just minutes from charming downtown Wake Forest.
Main Home:
- 3 Bedrooms | 2.5 Bathrooms | 1,791 Sq Ft
- Thoughtfully updated with stylish finishes
- Two cozy gas log fireplaces
- Private carport for convenience
**Second Home:**
- 2 Bedrooms | 1 Bathroom (stand-alone shower) | 1,133 Sq Ft
- Ideal as an investment property, rental, guest house, or in-law suite
- Includes its own carport
Situated on approx. 0.75 acres this unique property offers peaceful privacy while being close to shops, dining, and amenities. Connected to city water and sewer.
Versatility, location, and value—schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,481
Year Built
- Built in 1987
Lot Details
- 0.75 Acre Lot
- Private Lot
Home Design
- Traditional Architecture
- Raised Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,924 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Dining Room
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- In-Law or Guest Suite
- Primary bathroom on main floor
Laundry
- Laundry Room
- Sink Near Laundry
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- 2 Open Parking Spaces
Outdoor Features
- Deck
- Front Porch
Schools
- Richland Creek Elementary School
- Rolesville Middle School
- Wake Forest High School
Additional Features
- Additional Residence on Property
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1850.01-09-2046 0162557 01
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,497 | $462,746 | $110,000 | $352,746 |
| 2024 | $4,481 | $462,746 | $110,000 | $352,746 |
| 2023 | $3,699 | $314,904 | $68,000 | $246,904 |
| 2022 | $3,550 | $314,904 | $68,000 | $246,904 |
| 2021 | $3,488 | $314,904 | $68,000 | $246,904 |
| 2020 | $3,488 | $314,904 | $68,000 | $246,904 |
| 2019 | $3,091 | $245,900 | $60,000 | $185,900 |
| 2018 | $2,928 | $245,900 | $60,000 | $185,900 |
| 2017 | $2,831 | $245,900 | $60,000 | $185,900 |
| 2016 | $2,795 | $245,900 | $60,000 | $185,900 |
| 2015 | $2,838 | $246,661 | $70,000 | $176,661 |
| 2014 | $2,748 | $246,661 | $70,000 | $176,661 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | Price Changed | $520,000 | -5.3% | $178 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $549,000 | -7.7% | $188 / Sq Ft |
| 02/12/2025 02/12/25 | For Sale | $595,000 | -- | $203 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $44,500 | Credit Line Revolving | |
| Closed | $133,000 | Unknown | |
| Closed | $12,405 | Unknown |
Source: Doorify MLS
MLS Number: 10076069
APN: 1850.01-09-2046-000
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