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302 Conrad Ln

Wake Forest, NC 27587

3 bd 3 ba 1,571 sqft Built 2022 Lot 2,178 sqft townhomes
Most recent sale
$7,805,500
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Listed $325,000 MLS #2437819
Dec 2, 2021 Sold $7,805,500 Public Record
Jul 9, 2021 Sold $277,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $246,983 $60,000 $306,983 $2,896
2024 $246,983 $60,000 $306,983 $2,885
2023 $46,800 $35,000 $81,800 $2,840
2022 $35,000 $35,000 $911

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,571 sqft
Lot size
2,178 sqft
ZIP code
27587
City
Wake Forest
Street
Conrad Ln
Coordinates
35.99661, -78.50104

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
$46,833
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 302 Conrad Ln last sell?
302 Conrad Ln most recently sold on Dec 2, 2021 for $7,805,500.
What is the current tax assessment for 302 Conrad Ln?
The most recent total assessment for 302 Conrad Ln (year 2025) is $306,983 with $2,896 in property tax.
How does 302 Conrad Ln's assessment compare to its last sale price?
The current assessment is 96.1% below the last sale price of $7,805,500.
When was 302 Conrad Ln built?
302 Conrad Ln was built in 2022.
How does 302 Conrad Ln compare to others on Conrad Ln?
We track 8 other properties on Conrad Ln. Browse the list under "Other properties on Conrad Ln" to compare beds, baths, and sale history.
What are the property facts for 302 Conrad Ln?
302 Conrad Ln is a 3 bed, 3 bath, 1,571 sqft, 2,178 sqft lot townhomes.
Is 302 Conrad Ln a flip candidate?
No — 302 Conrad Ln does not appear in our flips dataset.
Is 302 Conrad Ln a tax-appeal candidate?
No — 302 Conrad Ln 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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