Time Limit Bid property. 4.5% Buyer Premium charged to buyer at close. No contingencies accepted on TLB Properties. REO. Property sold AS-IS w/ o repair, warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees as to the accuracy of info herein. Seller will accept cash or conventional offers only.
Single-familyProperty Type
1998Year Built
4.15 acresLot Size
$250Est. Price/Sq.Ft.
2 car garageParking
Listed by Sherry Price• RealHome Services and Solution
Bought with Rod Warner• Long & Foster Real Estate INC/North Raleigh
PARADE HOME, WILLIAM POOLE"HOMESTEAD"DESIGN, IN MILL RACE NEIGHBORHOOD LOCAT ED IN WAKE FOREST, ON 4.15 WOODED ACRE LOT W/ ACCESS TO 4 PRIVATE PONDS. GREA T FLOOR PLAN, 1ST FLR MSTR BR, LIVING RM W/ BUILT IN WET BAR W/ ICE MAKER, WRAP AROUND PORCH W/ PART SCREENED & CEILING FANS, TONGUE & GROVE CEILINGS THROUGHO T. QUALITY THRUOUT, AND TERRIFIC NEIGHBORHOOD. !!!MUST SEE!
TMLS #1980987
Apr 10, 2015
Sold
$385,904
$103/sq ft
Feb 3, 2015
Pending
—
Jan 6, 2015
Price Changed
$412,000
$110/sq ft
Dec 3, 2014
Listed
$433,600
$116/sq ft
TMLS #1674203
Jul 8, 2010
Listing Removed
—
Jul 10, 2009
Listed
$589,000
$157/sq ft
TMLS #1612896
May 21, 2009
Listing Removed
—
Jul 22, 2008
Listed
$650,000
$173/sq ft
Public Records
Jan 31, 2003
Sold
$397,000
$106/sq ft
Public Records
Oct 27, 1998
Sold
$397,000
$106/sq ft
Public Records
Jul 24, 1996
Sold
$140,000
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,113 (+3.0%)
$252,000 + $857,025
$1,109,025
2024
$6,907 (+28.4%)
$252,000 + $857,025
$1,109,025
2023
$5,378 (+7.9%)
$252,000 + $857,025
$1,109,025
2022
$4,983 (+2.8%)
$144,000 + $543,205
$687,205
2021
$4,849 (+1.7%)
$144,000 + $543,205
$687,205
2020
$4,769 (−4.5%)
$144,000 + $543,205
$687,205
2019
$4,994 (+8.8%)
$144,000 + $543,205
$687,205
2018
$4,590 (+22.8%)
$108,000 + $500,991
$608,991
2017
$3,739 (+2.1%)
$108,000 + $415,051
$523,051
2016
$3,663 (−5.8%)
$108,000 + $415,051
$523,051
2015
$3,889 (+5.5%)
$108,000 + $415,051
$523,051
2014
$3,686 (+7.1%)
$138,000 + $419,176
$557,176
2013
$3,441
$138,000 + $419,176
$557,176
2012
$3,441
$138,000 + $419,176
$557,176
2011
$3,441
$138,000 + $419,176
$557,176
Tax history for 5351 Mill Dam Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,113 (+3.0%)
$252,000 + $857,025
$1,109,025
2024
$6,907 (+28.4%)
$252,000 + $857,025
$1,109,025
2023
$5,378 (+7.9%)
$252,000 + $857,025
$1,109,025
2022
$4,983 (+2.8%)
$144,000 + $543,205
$687,205
2021
$4,849 (+1.7%)
$144,000 + $543,205
$687,205
2020
$4,769 (−4.5%)
$144,000 + $543,205
$687,205
2019
$4,994 (+8.8%)
$144,000 + $543,205
$687,205
2018
$4,590 (+22.8%)
$108,000 + $500,991
$608,991
2017
$3,739 (+2.1%)
$108,000 + $415,051
$523,051
2016
$3,663 (−5.8%)
$108,000 + $415,051
$523,051
2015
$3,889 (+5.5%)
$108,000 + $415,051
$523,051
2014
$3,686 (+7.1%)
$138,000 + $419,176
$557,176
2013
$3,441
$138,000 + $419,176
$557,176
2012
$3,441
$138,000 + $419,176
$557,176
2011
$3,441
$138,000 + $419,176
$557,176
*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
4.15 Acres
Year renovated
2003
Sq. Ft.
3,187
Year built
1998
Style
Single Family Residential
County
Wake County
APN
1861.03 10 9408 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
May 10, 2024 • Final
Residential hvac or water heater replacement
Replace existing heat pump equipment with a gas package unit and air conditioning. Connect the new system to the existing ductwork serving the second floor.
HVAC
Jan 24, 2024 • Final
Residential or farm trade permit. electrical, mechanical or plumbing
Inspect the installation of black iron piping for a new natural gas meter. Convert existing appliances from liquid propane to natural gas.
Electrical
Gas
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.
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: 35.97557
Longitude: -78.452865
Postal Code: 27587
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,187
Stories: 1.5
Lot Size: 4.15 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 2003
County: Wake County
APN: 1861.03 10 9408 000
Home facts updated by county records on Aug 11, 2026
Other
hidden custom fields
Main Level
Listing Date Information
Contract Status Change Date: 2015-04-13
Price Change Timestamp: 2015-04-13T05:16:45.000Z
Listing Price Information
Previous List Price: 433600.0
Around this home
Schools
Richland Creek Elementary School
Public PreK-5 • Assigned • 4.1mi
8/10
Wake Forest Middle School
Public 6-8 • Assigned • 4.6mi
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
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
74
81
67
80
65
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
$892,000 – $1.08M
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