BEAUTIFUL SPACIOUS BRICK HOME ON LARGE WOODED LOT IN DESIRABLE COMMUNITY W/ MANY UPGRADES & CUSTOM FEATURES. HUGE GOURMET KITCHEN W/ GRANITE, S/S APPL. HARDWOODS THROUGHOUT MAIN LIVING AREA, OPEN FLR PLAN, FAMILY RM W/ FIREPLACE, FORMAL DR, 1ST FLR GUEST SUITE. LGE MASTER SUITE W/ SITTING AREA & LUXURY BATH. FIN. BASEMENT W/ BONUS, REC, & THEATER RM. PICTURESQUE OUTDOOR SPACES W/ SCREEN PORCH, LGE DECK, IN-GROUND POOL & PLEASANT LANDSCAPING. BREATHTAKING NEIGHBORHOOD WITH PONDS & SERENE MATURE LANDSCAPING.
Beautiful home on wooded lot in desirable Millrace subdivision w/ lake access. Recently updated kitchen w/ granite & SS appliances. Spacious master w/ sitting area & huge w-in closet. Finished basement w/ office, game room, and bonus/theater area. Third garage for riding lawnmower & workshop. Fenced pool. Private backyard. No city taxes!
TMLS #482344
Mar 4, 1999
Sold
$335,000
$76/sq ft
Jun 24, 1998
Listed
$350,000
$79/sq ft
SELLERS SAY "SELL MY HOUSE". PRICED REDUCED. 2.81 ACRES. 3 SIDES BRICK, 3 CAR GARAGE AND A READY TO FINISH BASEMENT ( POURED CONCRETE ). CUSTOM KITCHEN WITH TILE FLOOR, HARWOODS , RECESSED LIGHTING, 4 FULL BATHROOMS, OPEN FOYER AND A SREEN PORCH. THE MASTER HAS A READING/SITTING AREA AND A MASTER BATH TO DIE FOR WITH A HUGE WALKIN CLOSET. TAKE A LOOK---785-4225.
Year
Property tax
Land + Additions
Assessment*
2025
$5,797 (+3.0%)
$210,000 + $693,238
$903,238
2024
$5,629 (+40.3%)
$210,000 + $693,238
$903,238
2023
$4,014 (+7.9%)
$210,000 + $693,238
$903,238
2022
$3,719 (+2.8%)
$120,000 + $392,185
$512,185
2021
$3,619 (+1.7%)
$120,000 + $392,185
$512,185
2020
$3,559 (−9.5%)
$120,000 + $392,185
$512,185
2019
$3,933 (+8.8%)
$120,000 + $392,185
$512,185
2018
$3,615 (+5.5%)
$90,000 + $389,078
$479,078
2017
$3,426 (+2.1%)
$90,000 + $389,078
$479,078
2016
$3,356 (−5.0%)
$90,000 + $389,078
$479,078
2015
$3,531 (+5.5%)
$90,000 + $389,078
$479,078
2014
$3,346 (+7.1%)
$115,000 + $390,556
$505,556
2013
$3,124 (+12.4%)
$115,000 + $390,556
$505,556
2012
$2,780
$115,000 + $334,465
$449,465
2011
$2,780
$115,000 + $334,465
$449,465
Tax history for 5305 Mill Dam Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,797 (+3.0%)
$210,000 + $693,238
$903,238
2024
$5,629 (+40.3%)
$210,000 + $693,238
$903,238
2023
$4,014 (+7.9%)
$210,000 + $693,238
$903,238
2022
$3,719 (+2.8%)
$120,000 + $392,185
$512,185
2021
$3,619 (+1.7%)
$120,000 + $392,185
$512,185
2020
$3,559 (−9.5%)
$120,000 + $392,185
$512,185
2019
$3,933 (+8.8%)
$120,000 + $392,185
$512,185
2018
$3,615 (+5.5%)
$90,000 + $389,078
$479,078
2017
$3,426 (+2.1%)
$90,000 + $389,078
$479,078
2016
$3,356 (−5.0%)
$90,000 + $389,078
$479,078
2015
$3,531 (+5.5%)
$90,000 + $389,078
$479,078
2014
$3,346 (+7.1%)
$115,000 + $390,556
$505,556
2013
$3,124 (+12.4%)
$115,000 + $390,556
$505,556
2012
$2,780
$115,000 + $334,465
$449,465
2011
$2,780
$115,000 + $334,465
$449,465
*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
3.5
Stories
1.75
Lot width
—
Lot depth
—
Lot size
2.81 Acres
Year renovated
2006
Sq. Ft.
4,211
Year built
1996
Style
Single Family Residential
County
Wake County
APN
1861.03 32 3331 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 24, 2022 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Gas
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: 3
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 4
Bedroom Information
Bedrooms Total: 6
Interior Features
Appliances: Dishwasher, Electric Cooktop, Microwave, Plumbed For Ice Maker, Propane Water Heater, Range Hood, Self Cleaning Oven, Tankless Water Heater
Window Features: Insulated Windows
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
Interior Features: Butler's Pantry, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Shower Only, Walk-In Closet(s), Whirlpool Tub
Cooling Information: Central Air, Heat Pump, Zoned
Location
HOA Information
Association: Yes
Association Amenities: Trail(s)
Association Fee: 262.5
Association Fee Frequency: Annually
Association Fee 2: 0.0
School Information
Elementary School: Wake - Sanford Creek
Middle Or Junior School: Wake - Wake Forest
High School: Wake - Wake Forest
Location Information
County Or Parish: Wake
Directions: Capital Blvd North (US 1 N) to New 98 By-Pass,go approx 5 mi. to Left on Averette Rd, then Right into Millrace Subdivision on Mill Dam Road.
Latitude: 35.980529
Longitude: -78.448074
Postal Code: 27587
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 4,211
Stories: 1.75
Lot Size: 2.81 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: 2006
County: Wake County
APN: 1861.03 32 3331 000
Home facts updated by county records on Aug 11, 2026
Other
hidden custom fields
Electric Dryer Hookup, Laundry Room, Main Level
Listing Date Information
Contract Status Change Date: 2015-10-22
Around this home
Schools
Richland Creek Elementary School
Public PreK-5 • Assigned • 4.2mi
8/10
Wake Forest Middle School
Public 6-8 • Assigned • 5.0mi
4/10
Wake Forest High School
Public 9-12 • Assigned • 3.8mi
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)
48
29
54
35
70
46
78
54
79
59
89
69
91
73
81
67
80
63
72
52
65
45
53
34
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
$887,000 – $1.07M
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