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!
Sold for $460,000 on 10/03/25
$460,000
1031 Wait Ave, Wake Forest, NC 27587
5beds
2,924sqft
Single Family Residence, Residential
Built in 1987
0.75 Acres Lot
$458,500 Zestimate®
$157/sqft
$3,356 Estimated rent
Home value
$458,500
$436,000 - $481,000
$3,356/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:46am
Listed by:
Robin Samuel Franc Hug 207-756-4135,
Mark Spain Real Estate
Bought with:
Megan Crean, 274564
Realty World Carolina Prop
Source: Doorify MLS,MLS#: 10076069
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air, Dual
Appliances
- Laundry: Sink
Features
- Granite Counters, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile
- Has fireplace: Yes
- Fireplace features: Bedroom, Gas, Living Room
Interior area
- Total structure area: 2,924
- Total interior livable area: 2,924 sqft
- Finished area above ground: 2,924
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Carport spaces: 4
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Has view: Yes
Lot
- Size: 0.75 Acres
- Features: Private
Details
- Additional structures: Second Residence
- Parcel number: 1850.01092046 0162557 01
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wake Forest
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $460,000-11.5%$157/sqft |
Source:  Doorify MLS #10076069 | ||
| 7/19/2025 | Pending sale | $520,000$178/sqft |
Source: Doorify MLS #10076069 | ||
| 5/28/2025 | Price change | $520,000-5.3%$178/sqft |
Source: Doorify MLS #10076069 | ||
| 4/30/2025 | Price change | $549,000-7.7%$188/sqft |
Source: Doorify MLS #10076069 | ||
| 2/12/2025 | Listed for sale | $595,000$203/sqft |
Source: Doorify MLS #10076069 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,376 +0.4% | $462,746 |
| 2024 | $4,360 +17.9% | $462,746 +46.9% |
| 2023 | $3,699 +4.2% | $314,904 |
Find assessor info on the county website
Neighborhood: 27587
Nearby schools
GreatSchools rating
- 8/10Richland Creek Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Wake - Richland Creek
- Middle: Wake - Rolesville
- High: Wake - Wake Forest
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$458,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$458,500