7117 Cove Lake Dr
Wake Forest, NC 27587
4 bd 4 ba 4,214 sqft Built 2014 Lot 80,150 sqft single_family
Most recent sale
$1,295,000
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Sold | $1,295,000 | Public Record |
| May 20, 2022 | Listed | $1,295,000 | MLS #2447015 |
| Dec 5, 2014 | Sold | $930,000 | DoorifyMLS |
| Apr 1, 2014 | Sold | $165,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,005,312 | $250,000 | $1,255,312 | $8,048 |
| 2024 | $1,005,312 | $250,000 | $1,255,312 | $7,815 |
| 2023 | $511,989 | $250,000 | $761,989 | $5,961 |
| 2022 | $511,989 | $250,000 | $761,989 | $5,523 |
| 2021 | $511,989 | $250,000 | $761,989 | $5,374 |
| 2020 | $511,989 | $250,000 | $761,989 | $5,285 |
| 2019 | $588,952 | $160,000 | $748,952 | $6,137 |
| 2018 | $588,952 | $160,000 | $748,952 | $5,640 |
| 2017 | $588,952 | $160,000 | $748,952 | $5,345 |
| 2016 | $588,952 | $160,000 | $748,952 | $5,236 |
| 2015 | $781,375 | $200,000 | $981,375 | $6,836 |
Property facts
Year built
2014
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,214 sqft
Lot size
80,150 sqft
ZIP code
27587
City
Wake Forest
Street
Cove Lake Dr
Coordinates
35.97293, -78.59851
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,689
Gross rental yield
5.27%
Implied cap rate
3.43%
Trend-extrapolated value
—
Frequently asked questions
When did 7117 Cove Lake Dr last sell?
7117 Cove Lake Dr most recently sold on Jul 25, 2022 for $1,295,000.
What is the current tax assessment for 7117 Cove Lake Dr?
The most recent total assessment for 7117 Cove Lake Dr (year 2025) is $1,255,312 with $8,048 in property tax.
How does 7117 Cove Lake Dr's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $1,295,000.
When was 7117 Cove Lake Dr built?
7117 Cove Lake Dr was built in 2014.
How does 7117 Cove Lake Dr compare to others on Cove Lake Dr?
We track 8 other properties on Cove Lake Dr. Browse the list under "Other properties on Cove Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 7117 Cove Lake Dr?
7117 Cove Lake Dr is a 4 bed, 4 bath, 4,214 sqft, 80,150 sqft lot single_family.
Is 7117 Cove Lake Dr a flip candidate?
No — 7117 Cove Lake Dr does not appear in our flips dataset.
Is 7117 Cove Lake Dr a tax-appeal candidate?
No — 7117 Cove Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-6.4%
Implied 1-yr
-25.6%
2026 Q3
$467.5K
2026 Q4
$456.6K
ZIP 27587 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cove Lake Dr