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1427 Chatuga Way

Wake Forest, NC 27587

3 bd 3 ba 1,688 sqft Built 2016 Lot 2,178 sqft townhomes
Most recent sale
$325,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $325,000 MLS #2455933
Jun 15, 2022 Listed $300,000 MLS #2455933
Feb 3, 2016 Sold $162,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,780 $68,250 $318,030 $3,051
2023 $135,910 $30,000 $165,910 $2,250
2022 $135,910 $30,000 $165,910 $2,223
2021 $135,910 $30,000 $165,910 $2,240
2020 $165,910 $2,246
2019 $135,910 $30,000 $165,910 $2,277
2018 $135,910 $30,000 $165,910 $2,272
2017 $119,140 $30,000 $149,140 $2,190

Property facts

Year built
2016
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,688 sqft
Lot size
2,178 sqft
ZIP code
27587
City
Wake Forest
Street
Chatuga Way
Coordinates
36.01314, -78.51008

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,279
Gross rental yield
8.41%
Implied cap rate
5.47%
Trend-extrapolated value

Frequently asked questions

When did 1427 Chatuga Way last sell?
1427 Chatuga Way most recently sold on Jul 29, 2022 for $325,000.
What is the current tax assessment for 1427 Chatuga Way?
The most recent total assessment for 1427 Chatuga Way (year 2025) is $318,030 with $3,051 in property tax.
How does 1427 Chatuga Way's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $325,000.
When was 1427 Chatuga Way built?
1427 Chatuga Way was built in 2016.
How does 1427 Chatuga Way compare to others on Chatuga Way?
We track 8 other properties on Chatuga Way. Browse the list under "Other properties on Chatuga Way" to compare beds, baths, and sale history.
What are the property facts for 1427 Chatuga Way?
1427 Chatuga Way is a 3 bed, 3 bath, 1,688 sqft, 2,178 sqft lot townhomes.
Is 1427 Chatuga Way a flip candidate?
No — 1427 Chatuga Way does not appear in our flips dataset.
Is 1427 Chatuga Way a tax-appeal candidate?
No — 1427 Chatuga Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-6.4%
Implied 1-yr
-25.6%
2026 Q3
$467.5K
2026 Q4
$456.6K
ZIP 27587 — Median Price History + Forecast

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