OFF MARKET

Off market feb 2022 for $530K

$594,855

Est. refi paymentEst. refi $4,225/mo

•

2,714

sq ft

408 Otway Rd, Wake Forest, NC 27587

About this home

Single-familyProperty Type

2014Year Built

9,583 sq ftLot Size

$219Est. Price/Sq.Ft.

2 car garageParking

Listed by Andrea Cummings • Property Specific, LLC

Bought with Ricci Treffer • Relevate Real Estate Inc.

Redfin checked: 3 minutes ago

•Source:TMLS #2422788

Redfin Estimate

$594,855

$65K since sold in February 2022$7,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.9% lower than the average sale price ($683K) of 6 comparable homes.

SOLD OCT 9, 2026
$750,000
A
4 beds3.5 baths2,849 sq ft
409 Otway Rd, Wake Forest, NC 27587
SOLD SEP 29, 2026
$730,000
B
4 beds3.5 baths3,000 sq ft
1116 Heritage Knoll Dr, Wake Forest, NC 27587
SOLD AUG 27, 2026
$559,000
C
6 beds3 baths2,741 sq ft
208 Traditions Garden Ln, Wake Forest, NC 27587
SOLD JUN 1, 2026
$725,000
D
4 beds3 baths2,852 sq ft
317 Heflin Ct, Wake Forest, NC 27587
SOLD MAY 22, 2026
$720,000
E
4 beds3 baths2,904 sq ft
1236 Fanning Dr, Wake Forest, NC 27587
SOLD MAR 5, 2026
$615,000
F
5 beds3 baths2,848 sq ft
516 Clifton Blue St, Wake Forest, NC 27587

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Earn from this home

Sell

$172,626

Est. take-home

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Refinance

Est. cash available

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Rent

$2,911/mo

Redfin rental estimate

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Market trends in 27587, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.5%

0.2% MoM

Median sale price

$502K

$8K MoM

Avg. days on market

54d

12 days MoM

Recently sold homes

414

52 MoM

New listings for sale

NEW 6 HRS AGO
$925,000
4 beds4 baths3,872 sq ft
117 Nate Ct, Wake Forest, NC 27587
NEW 11 HRS AGO
$549,900
5 beds4 baths3,100 sq ft
2101 Birdhouse Ln, Wake Forest, NC 27587
COMING SOON
$760,000
4 beds3.5 baths3,317 sq ft
1513 Heritage Reserve Ct, Wake Forest, NC 27587
OPEN SAT, 11AM TO 1PM
$650,000
3 beds2.5 baths2,217 sq ft
957 Coast Grade St, Wake Forest, NC 27587
NEW 12 HRS AGO
$2,349,000
4 beds5 baths5,786 sq ft
2113 Blue Haven Ct, Wake Forest, NC 27587
NEW 12 HRS AGO
$775,000
5 beds5.5 baths3,783 sq ft
257 Murray Grey Ln, Wake Forest, NC 27587
OPEN SAT, 12PM TO 2PM
$435,000
4 beds2.5 baths2,748 sq ft
1109 Spring Meadow Way, Wake Forest, NC 27587
NEW 16 HRS AGO
$350,000
3 beds2.5 baths1,619 sq ft
1005 Tulip Grove Ln, Wake Forest, NC 27587
NEW 35 HRS AGO
$535,000
2 beds2 baths1,761 sq ft
712 Haven Peak Ln, Wake Forest, NC 27587
NEW 35 HRS AGO
$675,000
4 beds2.5 baths2,711 sq ft
8012 Fairlake Dr, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 408 Otway Rd

Date

Event

Price

TMLS #2422788

Feb 4, 2022

Sold

$530,000

$195/sq ft

Dec 10, 2021

Listed

$530,000

$195/sq ft

Dec 10, 2021

Listing Removed

—

TMLS #1913355

Mar 27, 2014

Sold

$350,000

$129/sq ft

Feb 22, 2014

Pending

—

Sep 28, 2013

Listed

$349,900

$129/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,299 (+0.4%)

$130,000 + $433,375

$563,375

2024

$5,279 (+21.8%)

$130,000 + $433,375

$563,375

2023

$4,334 (+4.2%)

$130,000 + $433,375

$563,375

2022

$4,157 (+1.8%)

$65,000 + $306,222

$371,222

2021

$4,085

$65,000 + $306,222

$371,222

2020

$4,085 (−11.1%)

$65,000 + $306,222

$371,222

2019

$4,594 (+5.6%)

$65,000 + $306,222

$371,222

2018

$4,349 (+3.5%)

$60,000 + $308,637

$368,637

2017

$4,204 (+1.3%)

$60,000 + $308,637

$368,637

2016

$4,150 (+8.1%)

$60,000 + $308,637

$368,637

2015

$3,839 (+12.8%)

$60,000 + $308,637

$368,637

2014

$3,403

$70,000 + $266,676

$336,676

Tax history for 408 Otway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,299 (+0.4%)

$130,000 + $433,375

$563,375

2024

$5,279 (+21.8%)

$130,000 + $433,375

$563,375

2023

$4,334 (+4.2%)

$130,000 + $433,375

$563,375

2022

$4,157 (+1.8%)

$65,000 + $306,222

$371,222

2021

$4,085

$65,000 + $306,222

$371,222

2020

$4,085 (−11.1%)

$65,000 + $306,222

$371,222

2019

$4,594 (+5.6%)

$65,000 + $306,222

$371,222

2018

$4,349 (+3.5%)

$60,000 + $308,637

$368,637

2017

$4,204 (+1.3%)

$60,000 + $308,637

$368,637

2016

$4,150 (+8.1%)

$60,000 + $308,637

$368,637

2015

$3,839 (+12.8%)

$60,000 + $308,637

$368,637

2014

$3,403

$70,000 + $266,676

$336,676

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

9,583 Sq. Ft.

Year renovated

2013

Sq. Ft.

2,692

Year built

2013

Style

Single Family Residential

County

Wake County

APN

1840.12 75 7838 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

GR5

General Residential

The General Residential District are established to maintain previously developed suburban residential subdivision for their existing and approved low-to medium density single family dwelling and related recreational, religious and education facilities. Intended to act as a transitional zoning district between rural development in the country and the urban development of the town these regulation are further intended to discourage any use which would be detrimental to the predominately residential nature of the area included within the district.

Property details

Parking

Parking Information
Garage: Yes
Garage Spaces: 2
Parking Features: Concrete, Driveway, Garage

Interior

Bathroom Information
Bathrooms Full: 3

Bedroom Information
Bedrooms Total: 5

Interior Features
Appliances: Gas Water Heater
Interior Features: Entrance Foyer
Fireplace: Yes
Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile

Exterior

Building Information
Construction Materials: Masonite
Building Area Total: 2714.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Porch, Screened

Property information
Above Grade Finished Area: 2714.0
Below Grade Finished Area: 0.0
Levels: Three Or More
Ownership Type: Other

Lot Information
Lot Size Acres: 0.22
Lot Size Area: 0.22
Lot Size Dimensions: See plat map
Lot Size Square Feet: 9583.2
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 4084.0

Financial Information
Buyer Financing: VA

Utilities

Heating & Cooling
Heating: Yes
Heating Information: Natural Gas
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: Yes
Association Name: Charleston Management
Association Fee: 288.75
Association Fee Frequency: Annually
Association Fee 2: 0.0
Association Fee Includes: Insurance

School Information
Elementary School: Wake - Heritage
Middle Or Junior School: Wake - Heritage
High School: Wake - Heritage

Location Information
County Or Parish: Wake
Directions: 540 to US 1/Capital Blvd N. ~ Right on 1A to Wake Forest ~ 3rd Right onto Rogers Rd ~ Left on Heritage Lake Rd ~ Left on Heritage Hills Way ~ left On Otway
Latitude: 35.963236
Longitude: -78.500787
Postal Code: 27587

Community Information
Senior Community: No

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 2,692
Stories: 2.0
Lot Size: 9,583 square feet
Style: Single Family Residential
Year Built: 2013
Year Renovated: 2013
County: Wake County
APN: 1840.12 75 7838 000

Home facts updated by county records on Aug 10, 2026

Other

Listing Date Information
Contract Status Change Date: 2022-02-05

Around this home

Schools

Heritage Elementary

Public PreK-5 • Assigned • 1.3mi

9/10

Heritage Middle

Public 6-8 • Assigned • 1.1mi

10/10

Heritage High School

Public 9-12 • Assigned • 1.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 106° expected this year, 18 days in 30 years

6/10 Wind Factor

53% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Wake Forest, NC • 27587

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$566,000 – $685,000

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New listings for sale in 27587

NEW 6 HRS AGO3D WALKTHROUGH

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NEW 11 HRS AGO

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COMING SOON

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OPEN SAT, 11AM TO 1PM

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NEW 12 HRS AGO3D WALKTHROUGH

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NEW 12 HRS AGO

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OPEN SAT, 12PM TO 2PM

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4 beds2.5 baths2,748 sq ft

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Cul-de-sac • Quartz countertops • Open floor plan

NEW 16 HRS AGO3D WALKTHROUGH

$350,000

3 beds2.5 baths1,619 sq ft

1005 Tulip Grove Ln, Wake Forest, NC 27587

Cozy fireplace • Spacious bonus room • Downtown wake forest

NEW 35 HRS AGO3D WALKTHROUGH

$535,000

2 beds2 baths1,761 sq ft

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Rear deck • Bright sunroom • Broad kitchen island

Home values near 408 Otway Rd

Data from public records.

Address	Redfin Estimate
420 Otway Rd, Wake Forest, NC - Beds \| 2.5 Baths \| 2647 Sq. Ft.	$609,566
416 Otway Rd, Wake Forest, NC 4 Beds \| 2.5 Baths \| 2507 Sq. Ft.	$590,106

Address	Redfin Estimate
424 Otway Rd, Wake Forest, NC 3 Beds \| 4 Baths \| 2936 Sq. Ft.	$644,460
412 Otway Rd, Wake Forest, NC 4 Beds \| 4 Baths \| 3029 Sq. Ft.	$640,522

Address	Redfin Estimate
428 Otway Rd, Wake Forest, NC 3 Beds \| 3.5 Baths \| 2569 Sq. Ft.	$639,153
404 Otway Rd, Wake Forest, NC 4 Beds \| 4 Baths \| 3213 Sq. Ft.	$699,489

Property information provided by TMLS when last listed in 2021. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 27587, NC

Sale history for 408 Otway Rd

Tax history for 408 Otway Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27587

Home values near 408 Otway Rd

More real estate resources