Dan Gunther
Responds Quickly
Howard Hanna Allen Tate LAKE ROYALE
(984) 295-3587
346 Total Sales
8 in Wake Forest
$90K - $805K Price Range
418 Pearce Ave Wake Forest, NC 27587
Wake Forest AreaEstimated Value: $384,000 - $502,000
4
Beds
2.5
Baths
2,121
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Deck
- Traditional Architecture
- Loft
- Heritage Elementary School Rated A
- Wood Flooring
- 5-minute walk to H.L. Miller Park
About This Home
As of October 2025Just moments from the heart of Downtown Wake Forest, this beautifully renovated 1952 gem blends timeless charm with modern craftsmanship. Rare to find this close to town, the spacious, fenced backyard offers both privacy and convenience—and there is no HOA! Inside, the 4-bedroom, 2.5-bath home has been thoughtfully updated from top to bottom, showcasing fresh finishes throughout. You'll find rich wood floors on the main level, where the primary suite and a second bedroom both offer convenience and comfort, along with a stylish half bath and main-level laundry. The kitchen is a standout, featuring ceiling-height cabinetry, gorgeous tilework, brand-new appliances, and a layout designed for both function and beauty. Upstairs includes two additional bedrooms and a full bath. Outside, enjoy a back deck perfect for entertaining as well as a shed for added storage or workshop space. New roof 2023. New HVAC units 2023. Tankless water heater 2023. New survey needed. Shed was not renovated, and sells AS-IS.
Last Agent to Sell the Property
Howard Hanna Allen Tate Raleigh Falls of Neuse License #359308 Listed on: 09/04/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,272
Year Built
- Built in 1952 | Remodeled
Lot Details
- 14,810 Sq Ft Lot
- Chain Link Fence
- Landscaped
- Grass Covered Lot
- Back Yard Fenced and Front Yard
- Property is zoned UR
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Private Driveway
- 1 Open Parking Space
Home Design
- Traditional Architecture
- Raised Foundation
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 2,121 Sq Ft Home
- 1-Story Property
- Crown Molding
- High Ceiling
- Ceiling Fan
- Sliding Doors
- Family Room with Fireplace
- Dining Room
- Loft
- Workshop
- Basement
- Crawl Space
- Unfinished Attic
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Deck
- Outdoor Storage
- Rain Gutters
- Front Porch
Schools
- Heritage Elementary And Middle School
- Wake Forest High School
Horse Facilities and Amenities
- Grass Field
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Short Sale
- Assessor Parcel Number 0052200
Community Details
Overview
- No Home Owners Association
- Brookview Subdivision
Amenities
- Workshop Area
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2025
Closed on
Oct 6, 2025
Sold by
Bought by
Seller's Agent
Brandee Masters
Howard Hanna Allen Tate Raleigh Falls of Neuse
Buyer's Agent
Kristina Mutio
Raleigh Realty Inc.
List Price
$480,000
Sold Price
$475,000
Premium/Discount to List
-$5,000
-1.04%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,930
Avg. Annual Appreciation
-3.39%
Original Mortgage
$375,000
Outstanding Balance
$371,882
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$90,188
Purchase Details
Closed on
Jul 7, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,775
Interest Rate
6.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 1, 2021
Closed on
Jun 4, 2021
Sold by
Bought by
Seller's Agent
Jessica Zuch
The Ocean Group
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$189,900
Sold Price
$202,000
Premium/Discount to List
$12,100
6.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%
Original Mortgage
$239,250
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 31, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 30, 2011
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2010
Sold by
Bought by
Purchase Details
Closed on
Aug 31, 2009
Sold by
Bought by
Purchase Details
Closed on
Jul 6, 2009
Sold by
Bought by
Purchase Details
Closed on
Apr 12, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,741
Interest Rate
6.57%
Mortgage Type
Stand Alone Second
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wake Forest, NC
-
Dan Gunther
-
Marcus Lane
Marcus Lane
Grossman Real Estate Group LLC
(984) 305-2546
32 Total Sales
1 in Wake Forest
$435,000 Price
-
Tyler Chestnutt
Tyler Chestnutt
eXp Realty, LLC - Clayton
(984) 205-6006
209 Total Sales
7 in Wake Forest
$330K - $585K Price Range
-
Michelle Stephenson
Michelle Stephenson
Keller Williams Legacy
(984) 205-2592
95 Total Sales
1 in Wake Forest
$323,000 Price
-
Vicki Diprofio
Vicki Diprofio
DiProfio Homes
(984) 205-8941
156 Total Sales
2 in Wake Forest
$293K - $442K Price Range
-
Marshall Rich
Marshall Rich
Rich Realty Group
(855) 570-8641
131 Total Sales
3 in Wake Forest
$450K - $713K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $475,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| $202,000 | None Available | ||
| $165,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $35,000 | None Available | ||
| $64,500 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $375,000 | ||
| Closed | $454,775 | ||
| Previous Owner | $239,250 | ||
| Previous Owner | $215,000 | ||
| Previous Owner | $78,000 | ||
| Previous Owner | $24,741 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $475,000 | -1.0% | $224 / Sq Ft | |
| 09/11/2025 09/11/25 | Pending | -- | -- | -- | |
| 09/04/2025 09/04/25 | For Sale | $480,000 | +137.6% | $226 / Sq Ft | |
| 12/15/2023 12/15/23 | Off Market | $202,000 | -- | -- | |
| 06/09/2021 06/09/21 | Sold | $202,000 | +6.4% | $158 / Sq Ft | View Prior Sale |
| 04/03/2021 04/03/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $189,900 | -- | $149 / Sq Ft |
Source: Doorify MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,272 | $334,097 | $60,000 | $274,097 |
| 2024 | $1,808 | $180,769 | $60,000 | $120,769 |
| 2023 | $1,659 | $141,086 | $28,000 | $113,086 |
| 2022 | $1,592 | $141,086 | $28,000 | $113,086 |
| 2021 | $1,399 | $141,086 | $28,000 | $113,086 |
| 2020 | $1,399 | $125,916 | $28,000 | $97,916 |
| 2019 | $1,403 | $111,482 | $36,000 | $75,482 |
| 2018 | $0 | $111,482 | $36,000 | $75,482 |
| 2017 | $0 | $111,482 | $36,000 | $75,482 |
| 2016 | $1,269 | $111,482 | $36,000 | $75,482 |
| 2015 | $1,134 | $98,155 | $30,000 | $68,155 |
| 2014 | $1,098 | $98,155 | $30,000 | $68,155 |
Source: Public Records
Agents Affiliated with this Home
-
Brandee Masters
Seller's Agent in 2025
Brandee Masters
Howard Hanna Allen Tate Raleigh Falls of Neuse
(984) 212-3130
7 Total Sales
-
Kristina Mutio
K
Buyer's Agent in 2025
Kristina Mutio
Raleigh Realty Inc.
(919) 624-8420
23 Total Sales
-
Jessica Zuch
J
Seller's Agent in 2021
Jessica Zuch
The Ocean Group
(814) 602-2339
21 Total Sales
-
Jim Allen
Buyer's Agent in 2021
Jim Allen
Daughtry Realty
(919) 873-3990
4,491 Total Sales
Map
Source: Doorify MLS
MLS Number: 10119831
APN: 1841.19-61-1389-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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