OFF MARKET

Off Market Jan 2020 for $490K

$879,041

Est. refi paymentEst. refi $3,159/mo

•

3,907

sq ft

5237 Mill Dam Rd, Wake Forest, NC 27587

About this home

Mini estate home on 1.33 acres. Gleaming hardwoods accent a traditional floorplan. Vaulted foyer w/ formal L/R to the right and D/R on left w/ direct access to huge kitchen w/ SS Appliances, granite, tons of counter space/storage & breakfast nook. 1st Floor master has direct access to new screened-in deck, oversize bathroom w/ free standing tub & standup shower. 2nd floor has 3 more large B/R’s, bonus, office space. Double decks out back overlooking huge, tranquil yard. Whole house generator on stand by too!

Single-familyProperty Type

1998Year Built

1.33 acresLot Size

$225Est. Price/Sq.Ft.

2 car garageParking

Listed by Jordan Clark • Keller Williams Realty

Bought with Ryan Underwood • Howard Hanna Allen Tate Cary

Redfin checked: 2 minutes ago

•Source:TMLS #2289155

Redfin Estimate

$879,041

$389K since sold in January 2020$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.9% lower than the average sale price ($915K) of 6 comparable homes.

SOLD JUL 9, 2026
$995,000
A
5 beds3.5 baths3,718 sq ft
1548 Sterling Lake Dr, Wake Forest, NC 27587
SOLD JAN 27, 2026
$800,000
B
4 beds3 baths3,247 sq ft
5373 Mill Dam Rd, Wake Forest, NC 27587
SOLD SEP 15, 2025
$750,000
C
4 beds3.5 baths3,024 sq ft
5241 Mill Dam Rd, Wake Forest, NC 27587
SOLD JUN 12, 2026
$895,000
D
4 beds3 baths2,978 sq ft
190 River Watch Ln, Youngsville, NC 27596
SOLD MAY 26, 2026
$1,450,000
E
5 beds4.5 baths4,034 sq ft
1409 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

$486,499

Est. take-home

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Refinance

Est. cash available

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Rent

$3,399/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

98.6%

0.0% MoM

Median sale price

$525K

$5K MoM

Avg. days on market

36d

4 days MoM

Recently sold homes

483

1 MoM

New listings for sale

$825,000
4 beds4 baths3,639 sq ft
6600 Mountain Oaks Way, Wake Forest, NC 27587
COMING SOON
$425,000
3 beds2.5 baths1,913 sq ft
1709 Glazebrook Dr, Wake Forest, NC 27587
NEW 23 HRS AGO
$335,000
3 beds1 bath1,700 sq ft
5600 Mitchell Mill Rd, Wake Forest, NC 27587
$1,549,900
5 beds3.5 baths3,877 sq ft
7217 Ledford Grove Ln, Wake Forest, NC 27587
3D WALKTHROUGH
$1,070,000
4 beds4.5 baths4,569 sq ft
1108 Harrison Ridge Rd, Wake Forest, NC 27587
EARLY ACCESS
$529,000
3 beds3 baths2,780 sq ft
1511 Anterra Dr, Wake Forest, NC 27587
$379,000
4 beds2 baths1,804 sq ft
872 Lochmaben St, Wake Forest, NC 27587
3D WALKTHROUGH
$465,000
3 beds3 baths2,328 sq ft
1560 Crimson Leaf Ln, Wake Forest, NC 27587
$475,000
5 beds3 baths2,917 sq ft
520 Findhorn Ln, Wake Forest, NC 27587
COMING SOON
$449,000
2 beds2 baths1,766 sq ft
1136 Blue Bird Ln, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 5237 Mill Dam Rd

Date

Event

Price

TMLS #2289155

Jan 24, 2020

Sold

$490,000

$125/sq ft

Dec 17, 2019

Pending

—

Nov 15, 2019

Listed

$490,000

$125/sq ft

TMLS #2233016

Nov 2, 2019

Listing Removed

—

Jul 19, 2019

Price Changed

$499,000

$128/sq ft

May 28, 2019

Price Changed

$510,000

$131/sq ft

May 24, 2019

Price Changed

$499,000

$128/sq ft

May 18, 2019

Price Changed

$532,500

$136/sq ft

Apr 25, 2019

Price Changed

$540,000

$138/sq ft

Feb 22, 2019

Relisted

—

Jan 22, 2019

Price Changed

$550,000

$141/sq ft

Jan 22, 2019

Listing Removed

—

Jan 22, 2019

Listed

$550,000

$141/sq ft

Public Records

Jan 20, 1998

Sold

$68,000

$17/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,702 (+3.0%)

$210,000 + $678,413

$888,413

2024

$5,537 (+42.8%)

$210,000 + $678,413

$888,413

2023

$3,878 (+7.9%)

$210,000 + $678,413

$888,413

2022

$3,594 (+2.8%)

$120,000 + $374,852

$494,852

2021

$3,497 (+1.7%)

$120,000 + $374,852

$494,852

2020

$3,439 (−14.9%)

$120,000 + $374,852

$494,852

2019

$4,040 (+8.8%)

$120,000 + $374,852

$494,852

2018

$3,714 (+7.2%)

$135,000 + $357,242

$492,242

2017

$3,463 (+2.1%)

$135,000 + $349,298

$484,298

2016

$3,393 (−7.5%)

$135,000 + $349,298

$484,298

2015

$3,667 (+5.5%)

$135,000 + $349,298

$484,298

2014

$3,475 (+7.1%)

$172,500 + $352,710

$525,210

2013

$3,245

$172,500 + $352,710

$525,210

2012

$3,245

$172,500 + $352,710

$525,210

2011

$3,245

$172,500 + $352,710

$525,210

Tax history for 5237 Mill Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$5,702 (+3.0%)

$210,000 + $678,413

$888,413

2024

$5,537 (+42.8%)

$210,000 + $678,413

$888,413

2023

$3,878 (+7.9%)

$210,000 + $678,413

$888,413

2022

$3,594 (+2.8%)

$120,000 + $374,852

$494,852

2021

$3,497 (+1.7%)

$120,000 + $374,852

$494,852

2020

$3,439 (−14.9%)

$120,000 + $374,852

$494,852

2019

$4,040 (+8.8%)

$120,000 + $374,852

$494,852

2018

$3,714 (+7.2%)

$135,000 + $357,242

$492,242

2017

$3,463 (+2.1%)

$135,000 + $349,298

$484,298

2016

$3,393 (−7.5%)

$135,000 + $349,298

$484,298

2015

$3,667 (+5.5%)

$135,000 + $349,298

$484,298

2014

$3,475 (+7.1%)

$172,500 + $352,710

$525,210

2013

$3,245

$172,500 + $352,710

$525,210

2012

$3,245

$172,500 + $352,710

$525,210

2011

$3,245

$172,500 + $352,710

$525,210

*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

2.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

1.33 Acres

Year renovated

2008

Sq. Ft.

3,582

Year built

1998

Style

Single Family Residential

County

Wake County

APN

1861.03 12 4395 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 11, 2026.

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

Aug 10, 2023 • Final

Residential alteration

Remodel a mud room and expand a laundry room. Relocate the washer, dryer, and sink, including all necessary electrical and plumbing work.

Electrical

Plumbing

Remodel

Oct 12, 2022 • Final

Residential or farm trade permit. electrical, mechanical or plumbing

Convert a gas package unit, tankless water heater, and generator from liquid propane to natural gas. Disconnect and cap the gas line leading to the fireplace.

Gas

Generator

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, Concrete, Driveway, Garage, Garage Faces Side

Interior

Bathroom Information
Bathrooms Full: 4

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Electric Range, Microwave, Tankless Water Heater
Window Features: Insulated Windows
Laundry Features: Laundry Room, Main Level
Interior Features: Bathtub Only, Ceiling Fan(s), Central Vacuum, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Primary Downstairs, Room Over Garage, Separate Shower, Shower Only, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower, Wet Bar
Fireplace: Yes
Fireplace Features: Family Room, Gas Log
Fireplaces Total: 1
Flooring: Carpet, Ceramic Tile, Hardwood, Tile

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Fiber Cement
Building Area Total: 3907.0
Structure Type: Site Built

Exterior Features
Patio and Porch Features: Deck, Porch, Screened
Exterior Features: Rain Gutters

Property information
Living Area: 3,907
Above Grade Finished Area: 3907.0
Below Grade Finished Area: 0.0
Levels: Two
Ownership Type: Other

Lot Information
Lot Size Acres: 1.33
Lot Size Area: 1.33
Lot Size Dimensions: 0
Lot Size Square Feet: 57934.8
Lot Size Units: Acres
Zoning: R-30

Financial

Tax Information
Tax Annual Amount: 4041.0

Financial Information
Buyer Financing: Conventional

Utilities

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

Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Propane
Cooling: Yes
Cooling Information: Central Air

Location

HOA Information
Association: Yes
Association Fee: 328.0
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: Hwy 98 East. Left onto Averette Rd. Right onto Millrace subdivision onto Mill Dam Rd.
Latitude: 35.980672
Longitude: -78.454086
Postal Code: 27587

Community Information
Senior Community: No

Public facts

Beds: —
Baths: 2.5
Sq. Ft.: 3,582
Stories: 1.5
Lot Size: 1.33 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 2008
County: Wake County
APN: 1861.03 12 4395 000

Home facts updated by county records on Aug 11, 2026

Other

hidden custom fields
Laundry Room, Main Level

Listing Date Information
Contract Status Change Date: 2020-01-24
Documents Change Timestamp: 2024-06-17T22:14:27Z

Around this home

Schools

Richland Creek Elementary School

Public PreK-5 • Assigned • 3.9mi

8/10

Wake Forest Middle School

Public 6-8 • Assigned • 4.7mi

4/10

Wake Forest High School

Public 9-12 • Assigned • 3.4mi

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

49% 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

$836,000 – $1.01M

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Home values near 5237 Mill Dam Rd

Data from public records.

Address	Redfin Estimate
5232 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 2808 Sq. Ft.	$882,548
5245 Mill Dam Road, Wake Forest, NC - Beds \| 3 Baths \| 2826 Sq. Ft.	$909,445

Address	Redfin Estimate
5240 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 3328 Sq. Ft.	$894,308
5252 Mill Dam Road, Wake Forest, NC - Beds \| 3.5 Baths \| 5167 Sq. Ft.	$961,146

Address	Redfin Estimate
5241 Mill Dam Road, Wake Forest, NC 4 Beds \| 3.5 Baths \| 3024 Sq. Ft.	$859,522
5248 Mill Dam Road, Wake Forest, NC 3 Beds \| 3.5 Baths \| 3913 Sq. Ft.	$1,268,820

Property information provided by TMLS when last listed in 2019. 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 5237 Mill Dam Rd

Tax history for 5237 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 5237 Mill Dam Rd

More real estate resources