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2509 Forest Lake Ct

Wake Forest, NC 27587

5 bd 3 ba 3,348 sqft Built 1999 Lot 24,829 sqft single_family
Most recent sale
$775,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $775,000 MLS #2454304
Jun 8, 2022 Listed $739,000 MLS #2454304
Dec 3, 2019 Sold $430,000 Public Record
Jul 31, 2008 Sold $365,000 Public Record
Nov 15, 1999 Sold $365,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $483,627 $172,500 $656,127 $6,168
2024 $604,533 $172,500 $777,033 $7,273
2023 $349,497 $63,000 $412,497 $4,813
2022 $349,497 $63,000 $412,497 $4,617
2021 $349,497 $63,000 $412,497 $4,537
2020 $349,497 $88,200 $437,697 $4,537
2019 $336,003 $98,000 $434,003 $5,405
2018 $336,003 $98,000 $434,003 $5,117
2017 $336,003 $98,000 $434,003 $4,946
2016 $336,003 $98,000 $434,003 $4,883
2015 $335,510 $101,200 $436,710 $4,974
2014 $335,510 $101,200 $436,710 $4,815
2013 $335,510 $101,200 $436,710 $4,579
2012 $335,510 $101,200 $436,710 $4,579
2011 $335,510 $101,200 $436,710 $4,579
2010 $335,510 $101,200 $436,710 $4,579
2009 $335,510 $101,200 $436,710 $4,579
2007 $335,510 $101,200 $436,710 $4,475

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,348 sqft
Lot size
24,829 sqft
ZIP code
27587
City
Wake Forest
Street
Forest Lake Ct
Coordinates
36.00877, -78.54072

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,520
Gross rental yield
7.00%
Implied cap rate
4.55%
Trend-extrapolated value

Frequently asked questions

When did 2509 Forest Lake Ct last sell?
2509 Forest Lake Ct most recently sold on Jul 22, 2022 for $775,000.
What is the current tax assessment for 2509 Forest Lake Ct?
The most recent total assessment for 2509 Forest Lake Ct (year 2025) is $656,127 with $6,168 in property tax.
How does 2509 Forest Lake Ct's assessment compare to its last sale price?
The current assessment is 15.3% below the last sale price of $775,000.
When was 2509 Forest Lake Ct built?
2509 Forest Lake Ct was built in 1999.
How does 2509 Forest Lake Ct compare to others on Forest Lake Ct?
We track 8 other properties on Forest Lake Ct. Browse the list under "Other properties on Forest Lake Ct" to compare beds, baths, and sale history.
What are the property facts for 2509 Forest Lake Ct?
2509 Forest Lake Ct is a 5 bed, 3 bath, 3,348 sqft, 24,829 sqft lot single_family.
Is 2509 Forest Lake Ct a flip candidate?
No — 2509 Forest Lake Ct does not appear in our flips dataset.
Is 2509 Forest Lake Ct a tax-appeal candidate?
No — 2509 Forest Lake Ct 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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