Robert Sutter
Howard Hanna Allen Tate Durham
(984) 369-8353
131 Total Sales
2 in Wake Forest
$450K - $625K Price Range
5344 Mill Dam Rd Wake Forest, NC 27587
Wake Forest AreaEstimated Value: $962,000 - $1,230,153
4
Beds
4.5
Baths
4,144
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Filtered Pool
- Lake On Lot
- Fireplace in Primary Bedroom
- Richland Creek Elementary School Rated A-
- 4 Acre Lot
- Traditional Architecture
About This Home
As of July 2025Welcome to this stunning 2-story custom built home perfectly positioned on a private 4-acre WATERFRONT lot in Wake Forest's desirable Millrace community—just minutes from Hwy 98 and Capital Blvd conveniences. LOW HOA and NO CITY TAXES! Enjoy timeless curb appeal with a rocking chair front porch, side-load 2-car garage, and beautifully landscaped grounds enhanced by landscape lighting and a slate patio. The backyard is a private oasis with a fiberglass in-ground pool, brand-new filter system and pump, and a fenced wooded yard leading directly to the serene lake to kayak or just enjoy the peaceful view. The irrigation system draws from the lake, offering a lush landscape with no water bill. Inside, this spacious home features 4 bedrooms, each with its own en-suite bathroom and walk-in closet—including the luxurious primary suite with two separate walk-in closets. You'll also find a private office/living room, a vaulted family room with fireplace, and a gourmet kitchen perfect for entertaining. Throughout the home, enjoy real hardwood floors, crown molding, pocket doors, and a hardwired security system for peace of mind. Storage is no issue with eight storage areas off bedrooms, a large attic, and an expansive full-footprint unfinished basement offering endless potential. Recent updates include: New carpet and fresh interior paint, new water heater (2024), roof (2018), and two Trane HVAC systems (2018)! This move-in-ready home combines elegant living, thoughtful updates, and unmatched outdoor serenity. Don't miss this rare opportunity—schedule your private showing today!
Last Agent to Sell the Property
Choice Residential Real Estate License #325849 Listed on: 06/05/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,361
Year Built
- Built in 1999
Lot Details
- 4 Acre Lot
- Irrigation Equipment
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side Facing Garage
Home Design
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 4,144 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Storage
- Unfinished Basement
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Pool
- Filtered Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Lake On Lot
- Patio
- Front Porch
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Septic Tank
Community Details
- Association fees include unknown
- Millrace Homeowners Association, Phone Number (919) 723-8496
- Millrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 1861213173
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
Jun 5, 2025
Closed on
Jul 17, 2025
Sold by
Norris Allison Gorman
Bought by
Seller's Agent
Tammy Alexander
Choice Residential Real Estate
Buyer's Agent
Jacquelyn Matusie
Jacquelyn Matusie, Broker
List Price
$990,000
Sold Price
$950,000
Premium/Discount to List
-$40,000
-4.04%
Views
126
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
$92,788
Avg. Annual Appreciation
8.68%
Original Mortgage
$760,000
Outstanding Balance
$752,723
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$290,065
Purchase Details
Closed on
May 7, 2025
Sold by
Norris Allison Gorman and Norris Jacob Matthew
Bought by
Norris Allison Gorman
Purchase Details
Closed on
Mar 24, 2022
Sold by
Matthew Norris Jacob
Bought by
Norris Allison Gorman
Purchase Details
Closed on
Jun 29, 2017
Sold by
Hoffler John R and Hoffler Kathrine S
Bought by
Norris Jacob Matthew and Norris Allison Gorman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,445
Interest Rate
3.95%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 20, 2013
Sold by
Lc Developers Llc
Bought by
Hoffler John R and Hoffler Katherine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,400
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 4, 2012
Sold by
Harden Holmes P and Sappah Richard E
Bought by
Lc Developers Llc
Purchase Details
Closed on
Dec 23, 1997
Sold by
Natural Resource Conservancy Co
Bought by
Sappah Richard and Sappah Joann
Purchase Details
Closed on
Nov 21, 1997
Sold by
Timberland Of Nc Inc
Bought by
Natural Resource Conservancy Co
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wake Forest, NC
-
Robert Sutter
-
Dana Lemon
Dana Lemon
Southern Lux Living
(706) 995-6560
68 Total Sales
15 in Wake Forest
$345K - $685K Price Range
-
Chris Hewitt
Chris Hewitt
Howard Hanna Allen Tate Raleigh Falls of Neuse
(833) 454-1643
32 Total Sales
2 in Wake Forest
$390K - $420K Price Range
-
Elizabeth Luck
Elizabeth Luck
eXp Realty, LLC - C
(888) 477-6578
49 Total Sales
2 in Wake Forest
$473K - $950K Price Range
-
Jody Doran
Jody Doran
Compass -- Raleigh
(425) 600-7106
75 Total Sales
2 in Wake Forest
$830K - $920K Price Range
-
Stan Partin
Stan Partin
Robbins and Associates Realty
(984) 205-5267
106 Total Sales
2 in Wake Forest
$480K - $500K 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 |
|---|---|---|---|
| $950,000 | Old Republic National Title | ||
| Norris Allison Gorman | -- | None Listed On Document | |
| Norris Allison Gorman | -- | None Listed On Document | |
| Norris Jacob Matthew | $545,000 | None Available | |
| Hoffler John R | $440,500 | None Available | |
| Lc Developers Llc | $306,000 | None Available | |
| Sappah Richard | $80,000 | -- | |
| Natural Resource Conservancy Co | $78,000 | -- |
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 | $760,000 | ||
| Previous Owner | Norris Jacob Matthew | $73,445 | |
| Previous Owner | Hoffler John R | $352,400 |
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 |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $950,000 | 0.0% | $229 / Sq Ft |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 06/23/2025 06/23/25 | Price Changed | $950,000 | -2.6% | $229 / Sq Ft |
| 06/15/2025 06/15/25 | Price Changed | $975,000 | -1.5% | $235 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $990,000 | -- | $239 / 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 | -- | $1,021,166 | $294,000 | $727,166 |
| 2024 | $6,361 | $1,021,166 | $294,000 | $727,166 |
| 2023 | $4,784 | $611,059 | $168,000 | $443,059 |
| 2022 | $4,433 | $611,059 | $168,000 | $443,059 |
| 2021 | $4,314 | $611,059 | $168,000 | $443,059 |
| 2020 | $4,242 | $611,059 | $168,000 | $443,059 |
| 2019 | $4,740 | $577,880 | $135,000 | $442,880 |
| 2018 | $4,356 | $577,880 | $135,000 | $442,880 |
| 2017 | $4,129 | $577,880 | $135,000 | $442,880 |
| 2016 | $3,887 | $555,234 | $135,000 | $420,234 |
| 2015 | $4,540 | $650,864 | $230,000 | $420,864 |
| 2014 | $4,303 | $650,864 | $230,000 | $420,864 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Alexander
Seller's Agent in 2025
Tammy Alexander
Choice Residential Real Estate
(317) 509-8765
63 Total Sales
-
Matt Bergevin
Seller Co-Listing Agent in 2025
Matt Bergevin
Real Broker, LLC
(919) 426-1561
166 Total Sales
-
Jacquelyn Matusie
JM
Buyer's Agent in 2025
Jacquelyn Matusie
Jacquelyn Matusie, Broker
(919) 449-6658
6 Total Sales
Map
Source: Doorify MLS
MLS Number: 10100466
APN: 1861.03-21-3173-000
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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