8640 Deep Elm Dr
Wake Forest, NC 27587
4 bd 3 ba 2,841 sqft Built 2021 Lot 30,928 sqft single_family
Most recent sale
$472,500
Oct 14, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 3, 2022 | Sold | $569,000 | DoorifyMLS |
| Sep 15, 2022 | Listed | $569,000 | MLS #2474206 |
| Oct 14, 2021 | Sold | $472,500 | Public Record |
| Feb 9, 2021 | Sold | $2,038,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $433,987 | $120,000 | $553,987 | $3,563 |
| 2024 | $433,987 | $120,000 | $553,987 | $3,460 |
| 2023 | $300,553 | $85,000 | $385,553 | $3,026 |
| 2022 | $300,553 | $85,000 | $385,553 | $2,804 |
| 2021 | — | $85,000 | $85,000 | $597 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,841 sqft
Lot size
30,928 sqft
ZIP code
27587
City
Wake Forest
Street
Deep Elm Dr
Coordinates
36.01772, -78.56434
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,835
Gross rental yield
9.74%
Implied cap rate
6.33%
Trend-extrapolated value
—
Frequently asked questions
When did 8640 Deep Elm Dr last sell?
8640 Deep Elm Dr most recently sold on Oct 14, 2021 for $472,500.
What is the current tax assessment for 8640 Deep Elm Dr?
The most recent total assessment for 8640 Deep Elm Dr (year 2025) is $553,987 with $3,563 in property tax.
How does 8640 Deep Elm Dr's assessment compare to its last sale price?
The current assessment is 17.2% above the last sale price of $472,500.
When was 8640 Deep Elm Dr built?
8640 Deep Elm Dr was built in 2021.
How does 8640 Deep Elm Dr compare to others on Deep Elm Dr?
We track 8 other properties on Deep Elm Dr. Browse the list under "Other properties on Deep Elm Dr" to compare beds, baths, and sale history.
What are the property facts for 8640 Deep Elm Dr?
8640 Deep Elm Dr is a 4 bed, 3 bath, 2,841 sqft, 30,928 sqft lot single_family.
Is 8640 Deep Elm Dr a flip candidate?
Yes — 8640 Deep Elm Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8640 Deep Elm Dr a tax-appeal candidate?
No — 8640 Deep Elm 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
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