OFF MARKET

Off Market Mar 2017 for $545K

$1,120,918

Est. refi paymentEst. refi $3,587/mo

•

4,459

sq ft

5209 Mill Dam Rd, Wake Forest, NC 27587

About this home

Spectacular setting on 2.86 acres w/ waterfront view. Easy living floor plan features multiple bedrooms on main level, inviting family room w/ built-ins & fireplace, tasteful dining room, activity central kitchen w /granite, stainless, breakfast bar, built in desk, breakfast & gathering rooms. 2nd level includes huge bedroom, bonus room w/ fireplace, wet bar, flex space and more. Great recreational space inside and outside including in-ground pool with fiber optic lighting.

Single-familyProperty Type

1995Year Built

2.86 acresLot Size

$251Est. Price/Sq.Ft.

2 car garageParking

Listed by Joann Samelko • Northside Realty Inc.

Bought with Joe Ward • RE/MAX United

Redfin checked: a minute ago

•Source:TMLS #2100673

Redfin Estimate

$1,120,918

$576K since sold in March 2017$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.9% higher than the average sale price ($1.02M) of 6 comparable homes.

SOLD FEB 26, 2026
$1,325,000
A
4 beds4 baths4,614 sq ft
5316 Mill Dam Rd, Wake Forest, NC 27587
SOLD JUN 8, 2026
$1,400,000
B
4 beds5 baths4,959 sq ft
1632 Sterling Lake Dr, Wake Forest, NC 27587
SOLD MAY 29, 2026
$1,000,000
C
3 beds3.5 baths3,045 sq ft
5228 Mill Dam Rd, Wake Forest, NC 27587
SOLD JAN 27, 2026
$800,000
D
4 beds3 baths3,247 sq ft
5373 Mill Dam Rd, Wake Forest, NC 27587
SOLD JUL 9, 2026
$995,000
E
5 beds3.5 baths3,718 sq ft
1548 Sterling Lake Dr, Wake Forest, NC 27587
SOLD MAY 26, 2026
$600,000
F
5 beds4 baths3,864 sq ft
117 Dry Gully Ct, Wake Forest, NC 27587

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Earn from this home

Sell

$705,493

Est. take-home

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Refinance

Est. cash available

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Rent

$3,614/mo

Redfin rental estimate

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Market trends in 27587, NC

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.7%

+0.1% MoM

Median sale price

$510K

$14K MoM

Avg. days on market

42d

6 days MoM

Recently sold homes

478

3 MoM

New listings for sale

NEW 12 HRS AGO
$276,900
3 beds2.5 baths1,450 sq ft
2839 Gross Ave, Wake Forest, NC 27587
NEW 12 HRS AGO
$1,150,000
5 beds5 baths4,117 sq ft
1409 Kinnesaw St, Wake Forest, NC 27587
NEW 13 HRS AGO
$459,000
3 beds2.5 baths2,498 sq ft
1625 Silo Ridge Dr, Wake Forest, NC 27587
NEW 13 HRS AGO
$279,900
2 beds2.5 baths1,472 sq ft
734 Parkside Townes Ct, Wake Forest, NC 27587
NEW 14 HRS AGO
$469,900
3 beds3 baths2,425 sq ft
1524 Ripley Woods St, Wake Forest, NC 27587
NEW 14 HRS AGO
$180,000
2 beds1 bath720 sq ft
4436 Lassiter Rd, Wake Forest, NC 27587
NEW 14 HRS AGO
$335,000
2 beds2.5 baths1,562 sq ft
604 Market Grove Dr #100, Wake Forest, NC 27587
OPEN TODAY, 10AM TO 12PM
$350,000
3 beds2 baths1,408 sq ft
517 Rodney Bay Xing, Wake Forest, NC 27587
EARLY ACCESS
$1,395,000
4 beds5 baths4,364 sq ft
8008 Wexford Waters Ln, Wake Forest, NC 27587
OPEN TODAY, 12PM TO 2PM
$1,260,000
4 beds3.5 baths4,000 sq ft
7532 Hasentree Club Dr, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 5209 Mill Dam Rd

Date

Event

Price

TMLS #703613

Nov 28, 2023

Pending

—

Oct 28, 2023

Price Changed

$349,950

$78/sq ft

Jan 23, 2009

Listing Removed

—

Feb 9, 2004

Price Changed

$539,000

$121/sq ft

Aug 11, 2003

Listed

$539,000

$121/sq ft

TMLS #2100673

Mar 17, 2017

Sold

$545,000

$122/sq ft

Feb 13, 2017

Contingent

—

Dec 1, 2016

Listed

$584,900

$131/sq ft

TMLS #2080517

Dec 1, 2016

Listing Removed

—

Nov 9, 2016

Price Changed

$584,900

$131/sq ft

Sep 16, 2016

Price Changed

$589,900

$132/sq ft

Aug 2, 2016

Price Changed

$599,900

$135/sq ft

Jul 22, 2016

Listed

$607,000

$136/sq ft

Public Records

May 25, 2005

Sold

$522,000

$117/sq ft

TMLS #747480

Dec 2, 2004

Listing Removed

—

Jun 2, 2004

Listed

$539,900

$121/sq ft

TMLS #729743

Jun 2, 2004

Listing Removed

—

Feb 23, 2004

Listed

$539,900

$121/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,219 (+3.0%)

$231,000 + $738,133

$969,133

2024

$6,038 (+28.9%)

$231,000 + $738,133

$969,133

2023

$4,683 (+7.9%)

$231,000 + $738,133

$969,133

2022

$4,339 (+2.8%)

$132,000 + $466,050

$598,050

2021

$4,223 (+1.7%)

$132,000 + $466,050

$598,050

2020

$4,153 (−2.2%)

$132,000 + $466,050

$598,050

2019

$4,245 (+8.8%)

$132,000 + $466,050

$598,050

2018

$3,902 (+5.5%)

$82,350 + $434,924

$517,274

2017

$3,698 (+2.1%)

$82,350 + $434,924

$517,274

2016

$3,622 (−11.2%)

$82,350 + $434,924

$517,274

2015

$4,077 (+5.5%)

$82,350 + $434,924

$517,274

2014

$3,863 (+7.1%)

$140,300 + $443,869

$584,169

2013

$3,607

$140,300 + $443,869

$584,169

2012

$3,607

$140,300 + $443,869

$584,169

2011

$3,607

$140,300 + $443,869

$584,169

Tax history for 5209 Mill Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,219 (+3.0%)

$231,000 + $738,133

$969,133

2024

$6,038 (+28.9%)

$231,000 + $738,133

$969,133

2023

$4,683 (+7.9%)

$231,000 + $738,133

$969,133

2022

$4,339 (+2.8%)

$132,000 + $466,050

$598,050

2021

$4,223 (+1.7%)

$132,000 + $466,050

$598,050

2020

$4,153 (−2.2%)

$132,000 + $466,050

$598,050

2019

$4,245 (+8.8%)

$132,000 + $466,050

$598,050

2018

$3,902 (+5.5%)

$82,350 + $434,924

$517,274

2017

$3,698 (+2.1%)

$82,350 + $434,924

$517,274

2016

$3,622 (−11.2%)

$82,350 + $434,924

$517,274

2015

$4,077 (+5.5%)

$82,350 + $434,924

$517,274

2014

$3,863 (+7.1%)

$140,300 + $443,869

$584,169

2013

$3,607

$140,300 + $443,869

$584,169

2012

$3,607

$140,300 + $443,869

$584,169

2011

$3,607

$140,300 + $443,869

$584,169

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

124,581

Year renovated

2019

Sq. Ft.

4,459

Year built

1995

Style

Single Family Residential

County

Wake County

APN

1861.03 01 2224 000

Parking Spaces

Basement

Accessible

Yes

HOA Dues

$285 /month

Garage

Yes

Features

Views, Waterfront, Pool

Last updated by owner on Jul 31, 2019.

R-30

Residential-30 District

The R-30 districts are known as non-watershed residential districts. These districts allow a range of very-low to moderate-density residential development and various building forms, depending on the specific district. A limited number of nonresidential uses are also allowed. Some nonresidential uses are permitted by-right; others are allowed only within designated activity centers and then only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Single unit
Housing-Multiple units
Educational/school
Library
Golf related
Housing-Mobile home park
Park & open space

Oct 25, 2022 • Final

Residential or farm trade permit. electrical, mechanical or plumbing

Convert a furnace from propane to natural gas.

Gas

HVAC

Jul 26, 2022 • Final

Residential hvac or water heater replacement

Install a tankless water heater and complete all necessary electrical wiring. Bond the gas line and create an electrical outlet for the unit without any trenching.

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Parking Features: Attached, Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 2

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Electric Cooktop, Microwave, Plumbed For Ice Maker, Propane Water Heater, Self Cleaning Oven
Window Features: Skylight(s)
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
Interior Features: Bathtub Only, Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
Fireplace: Yes
Fireplace Features: Family Room, Recreation Room
Fireplaces Total: 2
Flooring: Carpet, Ceramic Tile, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Brick, Fiber Cement
Building Area Total: 4459.0
Builder Name: TESTA & BALLANCE CONSTRUCTION INC
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Covered, Deck, Porch
Exterior Features: Fenced Yard
Fencing: Brick

Pool Information
Pool Features: In Ground, Private

Property information
Accessibility Features: Accessible Washer/Dryer
Above Grade Finished Area: 4459.0
Below Grade Finished Area: 0.0
Levels: Two
Other Structures: Outbuilding
Ownership Type: Other

Lot Information
Lot Size Acres: 2.86
Lot Size Area: 2.86
Lot Size Dimensions: 248X201X180X35X141X350X183X138X102X
Lot Size Square Feet: 124581.6
Lot Size Units: Acres
Waterfront: Yes
Zoning: R

Financial

Tax Information
Tax Annual Amount: 3622.0

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Sewer: Septic Tank
Utilities: Cable Available
Water Source: Community Water

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Propane, Zoned
Cooling: Yes
Cooling Information: Central Air, Heat Pump, Zoned

Location

HOA Information
Association: Yes
Association Name: Millrace HOA
Association Fee: 285.0
Association Fee Frequency: Annually
Association Fee 2: 0.0

School Information
Elementary School: Wake - Richland Creek
Middle Or Junior School: Wake - Wake Forest
High School: Wake - Wake Forest

Location Information
County Or Parish: Wake
Directions: From US-1 S/Capital Blvd: Take NC 98 Bypass W to LEFT onto Averette Rd.; RIGHT onto Mill Dam Rd.
Latitude: 35.977661
Longitude: -78.458541
Postal Code: 27587

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 4,459
Stories: 1.5
Parking Spaces: 2
Basement: No
Accessible: Yes
Lot Size: 2.86 acres
Style: Single Family Residential
Year Built: 1995
Year Renovated: 2019
County: Wake County
APN: 1861.03 01 2224 000
HOA Dues: $285/month
Garage: Yes
Features: Views, Waterfront, Pool

Home facts updated by owner on Jul 31, 2019

Other

hidden custom fields
Electric Dryer Hookup, Laundry Room, Main Level

Listing Date Information
Contract Status Change Date: 2017-03-17
Documents Change Timestamp: 2024-06-18T03:25:49.000Z

Around this home

Schools

Richland Creek Elementary School

Public PreK-5 • Assigned • 3.8mi

8/10

Wake Forest Middle School

Public 6-8 • Assigned • 4.4mi

4/10

Wake Forest High School

Public 9-12 • Assigned • 3.2mi

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

6/10 Heat Factor

7 days above 105° expected this year, 16 days in 30 years

6/10 Wind Factor

48% 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 9.1 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.07M – $1.29M

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New listings for sale in 27587

NEW 12 HRS AGO

$276,900

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2839 Gross Ave, Wake Forest, NC 27587

NEW 12 HRS AGO

$1,150,000

5 beds5 baths4,117 sq ft

1409 Kinnesaw St, Wake Forest, NC 27587

NEW 13 HRS AGO3D WALKTHROUGH

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3 beds2.5 baths2,498 sq ft

1625 Silo Ridge Dr, Wake Forest, NC 27587

NEW 13 HRS AGO

$279,900

2 beds2.5 baths1,472 sq ft

734 Parkside Townes Ct, Wake Forest, NC 27587

NEW 14 HRS AGO

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3 beds3 baths2,425 sq ft

1524 Ripley Woods St, Wake Forest, NC 27587

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2 beds1 bath720 sq ft

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NEW 14 HRS AGO

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2 beds2.5 baths1,562 sq ft

604 Market Grove Dr #100, Wake Forest, NC 27587

OPEN TODAY, 10AM TO 12PM

$350,000

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517 Rodney Bay Xing, Wake Forest, NC 27587

EARLY ACCESSCOMPASS COMING SOON

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Home values near 5209 Mill Dam Rd

Data from public records.

Address	Redfin Estimate
5221 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 2750 Sq. Ft.	$867,204
2228 Averette Road Unit 1/2, Wake Forest, NC - Beds \| 2 Baths \| 952 Sq. Ft.	$201,552

Address	Redfin Estimate
5217 Mill Dam Road, Wake Forest, NC 3 Beds \| 2.5 Baths \| 2675 Sq. Ft.	$823,479
5509 Forever Young Drive, Wake Forest, NC - Beds \| 2.5 Baths \| 1377 Sq. Ft.	$767,117

Address	Redfin Estimate
5205 Mill Dam Road, Wake Forest, NC 4 Beds \| 5 Baths \| 7789 Sq. Ft.	$1,412,105
2224 Averette Road, Wake Forest, NC 3 Beds \| 2 Baths \| 1525 Sq. Ft.	$318,522

Property information provided by TMLS when last listed in 2016. This data may not show owner updates. 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 5209 Mill Dam Rd

Tax history for 5209 Mill Dam 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 5209 Mill Dam Rd

More real estate resources