OFF MARKET

Off Market Dec 2020 for $699K

$1,026,605

Est. refi paymentEst. refi $5,531/mo

•

4,647

sq ft

5345 Mill Dam Rd, Wake Forest, NC 27587

About this home

Sitting on 2.4 acres in beautiful Millrace this home has a 1st floor master with a walk in closet, dual vanities, tub & WIS in the master. High ceilings throughout the first floor, butlers pantry, add 1st floor br, study, family room, dining room and hardwoods. Upgrades include new roof, new french doors, fresh paint, new carpet and appliances in the kitchen. The property allows for nature to be enjoyed in the backyard with expansive space/privacy. Capture the beauty of the 4 lakes in the neighborhood!

Single-familyProperty Type

1999Year Built

2.4 acresLot Size

$221Est. Price/Sq.Ft.

3 car garageParking

Listed by Paul Corsa • Cambridge & Assoc. R.E. Group

Bought with Blake Grubbs • RE/MAX Advantage

Redfin checked: a minute ago

•Source:TMLS #2347031

Redfin Estimate

$1,026,605

$328K since sold in December 2020$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.4% higher than the average sale price ($947K) 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 JAN 27, 2026
$800,000
B
4 beds3 baths3,247 sq ft
5373 Mill Dam Rd, 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 JUL 9, 2026
$995,000
D
5 beds3.5 baths3,718 sq ft
1548 Sterling Lake Dr, Wake Forest, NC 27587
SOLD JUN 12, 2026
$895,000
E
4 beds3 baths2,978 sq ft
190 River Watch Ln, Youngsville, NC 27596
SOLD AUG 19, 2026
$665,000
F
5 beds3 baths2,902 sq ft
150 Rivers Edge Dr, Youngsville, NC 27596

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Sell

$469,593

Est. take-home

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Refinance

Est. cash available

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Rent

$3,906/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

FOR SALE BY OWNER
$745,000
3 beds3 baths3,200 sq ft
8497 Falkirk Ridge Ct, Wake Forest, NC 27587
$276,900
3 beds2.5 baths1,450 sq ft
2839 Gross Ave, Wake Forest, NC 27587
$1,150,000
5 beds4 baths4,117 sq ft
1409 Kinnesaw St, Wake Forest, NC 27587
3D WALKTHROUGH
$459,000
3 beds2.5 baths2,498 sq ft
1625 Silo Ridge Dr, Wake Forest, NC 27587
$279,900
2 beds2.5 baths1,472 sq ft
734 Parkside Townes Ct, Wake Forest, NC 27587
$180,000
2 beds1 bath720 sq ft
4436 Lassiter Rd, Wake Forest, NC 27587
$335,000
2 beds2.5 baths1,562 sq ft
604 Market Grove Dr #100, Wake Forest, NC 27587
EARLY ACCESS
$1,395,000
4 beds5 baths4,364 sq ft
8008 Wexford Waters Ln, Wake Forest, NC 27587
3D WALKTHROUGH
$1,260,000
4 beds3.5 baths4,000 sq ft
7532 Hasentree Club Dr, Wake Forest, NC 27587
$459,000
4 beds3.5 baths3,054 sq ft
4909 Universal Dr, Wake Forest, NC 27587
See all

Provided by Redfin

Sale history for 5345 Mill Dam Rd

Date

Event

Price

TMLS #680427

Nov 29, 2023

Price Changed

$456,049

$98/sq ft

Jul 21, 2003

Sold

$550,000

$118/sq ft

Jul 21, 2003

Sold

$550,000

$118/sq ft

Jun 25, 2003

Price Changed

$574,900

$124/sq ft

Mar 17, 2003

Listed

$574,900

$124/sq ft

Mar 17, 2003

Listed

$574,900

$124/sq ft

TMLS #2347031

Dec 3, 2020

Sold

$699,000

$150/sq ft

Oct 21, 2020

Contingent

—

Oct 9, 2020

Listed

$700,000

$151/sq ft

Public Records

Jul 22, 2003

Sold

$550,000

$118/sq ft

Public Records

Jan 14, 1998

Sold

$77,500

$17/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,793 (+3.0%)

$210,000 + $849,015

$1,059,015

2024

$6,596 (+39.8%)

$210,000 + $849,015

$1,059,015

2023

$4,719 (+7.9%)

$210,000 + $849,015

$1,059,015

2022

$4,373 (+2.8%)

$120,000 + $482,695

$602,695

2021

$4,255 (+1.7%)

$120,000 + $482,695

$602,695

2020

$4,185 (−12.1%)

$120,000 + $482,695

$602,695

2019

$4,761 (+8.8%)

$120,000 + $482,695

$602,695

2018

$4,376 (+5.5%)

$135,000 + $445,555

$580,555

2017

$4,148 (+2.1%)

$135,000 + $445,555

$580,555

2016

$4,063 (−3.6%)

$135,000 + $445,555

$580,555

2015

$4,214 (+5.5%)

$135,000 + $445,555

$580,555

2014

$3,993 (+7.1%)

$201,250 + $402,681

$603,931

2013

$3,728

$201,250 + $402,681

$603,931

2012

$3,728

$201,250 + $402,681

$603,931

2011

$3,728

$201,250 + $402,681

$603,931

Tax history for 5345 Mill Dam Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,793 (+3.0%)

$210,000 + $849,015

$1,059,015

2024

$6,596 (+39.8%)

$210,000 + $849,015

$1,059,015

2023

$4,719 (+7.9%)

$210,000 + $849,015

$1,059,015

2022

$4,373 (+2.8%)

$120,000 + $482,695

$602,695

2021

$4,255 (+1.7%)

$120,000 + $482,695

$602,695

2020

$4,185 (−12.1%)

$120,000 + $482,695

$602,695

2019

$4,761 (+8.8%)

$120,000 + $482,695

$602,695

2018

$4,376 (+5.5%)

$135,000 + $445,555

$580,555

2017

$4,148 (+2.1%)

$135,000 + $445,555

$580,555

2016

$4,063 (−3.6%)

$135,000 + $445,555

$580,555

2015

$4,214 (+5.5%)

$135,000 + $445,555

$580,555

2014

$3,993 (+7.1%)

$201,250 + $402,681

$603,931

2013

$3,728

$201,250 + $402,681

$603,931

2012

$3,728

$201,250 + $402,681

$603,931

2011

$3,728

$201,250 + $402,681

$603,931

*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

1.5

Lot width

—

Lot depth

—

Lot size

2.42 Acres

Year renovated

2004

Sq. Ft.

5,320

Year built

1999

Style

Single Family Residential

County

Wake County

APN

1861.03 20 3444 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

Jul 21, 2025 • Final

Residential pool, spa & hot tub

Install an inground concrete pool and a pool patio.

Pool and hot tub

Feb 4, 2025 • Final

Accessory structure application for wastewater

Install an inground concrete pool and a pool patio.

Pool and hot tub

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, Detached, Driveway, Garage, Garage Faces Side, Parking Pad, Workshop in Garage

Interior

Virtual Tour

Bathroom Information
Bathrooms Full: 3
Bathrooms Half: 1

Bedroom Information
Bedrooms Total: 4

Interior Features
Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
Laundry Features: Main Level
Interior Features: Butler's Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Downstairs, Smooth Ceilings, Walk-In Shower
Fireplace: Yes
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Carpet, Combination, Hardwood, Tile, Wood

Room Information
Crawl Space

Exterior

Building Information
Construction Materials: Wood Siding
Building Area Total: 4647.0
Structure Type: Site Built

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

Property information
Above Grade Finished Area: 4647.0
Below Grade Finished Area: 0.0
Levels: Two
Other Structures: Workshop
Ownership Type: Other

Lot Information
Lot Size Acres: 2.4
Lot Size Area: 2.4
Lot Size Dimensions: new needed
Lot Size Square Feet: 104544.0
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 4185.0

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Septic Tank

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

Location

HOA Information
Association: Yes
Association Fee: 325.0
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 Wake Forest, take Hwy 98 east. Left on Averette Rd. In 1.3 miles, turn right onto MillDam Rd. Home is in the back of the neighborhood on the left
Latitude: 35.975351
Longitude: -78.451318
Postal Code: 27587

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 5,320
Stories: 1.5
Lot Size: 2.42 acres
Style: Single Family Residential
Year Built: 1999
Year Renovated: 2004
County: Wake County
APN: 1861.03 20 3444 000

Home facts updated by county records on Aug 11, 2026

Other

hidden custom fields
Main Level

Listing Date Information
Contract Status Change Date: 2020-12-03
Documents Change Timestamp: 2024-06-17T20:12:21Z

Around this home

Schools

Richland Creek Elementary School

Public PreK-5 • Assigned • 4.2mi

8/10

Wake Forest Middle School

Public 6-8 • Assigned • 4.7mi

4/10

Wake Forest High School

Public 9-12 • Assigned • 3.6mi

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

52% 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

$976,000 – $1.18M

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Nearby similar homes

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NEW CONSTRUCTION

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New listings for sale in 27587

FOR SALE BY OWNER

$745,000

3 beds3 baths3,200 sq ft

8497 Falkirk Ridge Ct, Wake Forest, NC 27587

$276,900

3 beds2.5 baths1,450 sq ft

2839 Gross Ave, Wake Forest, NC 27587

$1,150,000

5 beds4 baths4,117 sq ft

1409 Kinnesaw St, Wake Forest, NC 27587

3D WALKTHROUGH

$459,000

3 beds2.5 baths2,498 sq ft

1625 Silo Ridge Dr, Wake Forest, NC 27587

$279,900

2 beds2.5 baths1,472 sq ft

734 Parkside Townes Ct, Wake Forest, NC 27587

$180,000

2 beds1 bath720 sq ft

4436 Lassiter Rd, Wake Forest, NC 27587

$335,000

2 beds2.5 baths1,562 sq ft

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

EARLY ACCESSCOMPASS COMING SOON

$1,395,000

4 beds5 baths4,364 sq ft

8008 Wexford Waters Ln, Wake Forest, NC 27587

3D WALKTHROUGH

$1,260,000

4 beds3.5 baths4,000 sq ft

7532 Hasentree Club Dr, Wake Forest, NC 27587

Home values near 5345 Mill Dam Rd

Data from public records.

Address	Redfin Estimate
5337 Mill Dam Rd, Wake Forest, NC 4 Beds \| 3.5 Baths \| 3304 Sq. Ft.	$1,003,317
5341 Mill Dam Rd, Wake Forest, NC 4 Beds \| 3.5 Baths \| 3969 Sq. Ft.	$960,548

Address	Redfin Estimate
5333 Mill Dam Rd, Wake Forest, NC 4 Beds \| 4 Baths \| 3910 Sq. Ft.	$1,177,690
5351 Mill Dam Rd, Wake Forest, NC 4 Beds \| 3.5 Baths \| 3750 Sq. Ft.	$961,512

Address	Redfin Estimate
5344 Mill Dam Rd, Wake Forest, NC 4 Beds \| 4.5 Baths \| 4144 Sq. Ft.	$1,209,267
5349 Mill Dam Rd, Wake Forest, NC - Beds \| 3.5 Baths \| 4189 Sq. Ft.	$1,106,095

Property information provided by TMLS when last listed in 2020. 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 5345 Mill Dam Rd

Tax history for 5345 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 5345 Mill Dam Rd

More real estate resources