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312 Headrace Mill St

Wake Forest, NC 27587

5 bd 4 ba 3,541 sqft Built 2017 Lot 6,970 sqft single_family
Most recent sale
$580,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $580,000 MLS #2470363
Aug 24, 2022 Listed $575,000 MLS #2470363
Sep 29, 2017 Sold $318,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $476,778 $100,000 $576,778 $5,424
2024 $476,778 $100,000 $576,778 $5,404
2023 $343,288 $42,000 $385,288 $4,497
2022 $297,806 $42,000 $339,806 $3,807
2021 $297,806 $42,000 $339,806 $3,741
2020 $297,806 $42,000 $339,806 $3,741
2019 $222,589 $52,000 $274,589 $3,427
2018 $52,000 $52,000 $3,244

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,541 sqft
Lot size
6,970 sqft
ZIP code
27587
City
Wake Forest
Street
Headrace Mill St
Coordinates
35.96249, -78.53027

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
$4,780
Gross rental yield
9.89%
Implied cap rate
6.43%
Trend-extrapolated value

Frequently asked questions

When did 312 Headrace Mill St last sell?
312 Headrace Mill St most recently sold on Oct 17, 2022 for $580,000.
What is the current tax assessment for 312 Headrace Mill St?
The most recent total assessment for 312 Headrace Mill St (year 2025) is $576,778 with $5,424 in property tax.
How does 312 Headrace Mill St's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $580,000.
When was 312 Headrace Mill St built?
312 Headrace Mill St was built in 2017.
How does 312 Headrace Mill St compare to others on Headrace Mill St?
We track 4 other properties on Headrace Mill St. Browse the list under "Other properties on Headrace Mill St" to compare beds, baths, and sale history.
What are the property facts for 312 Headrace Mill St?
312 Headrace Mill St is a 5 bed, 4 bath, 3,541 sqft, 6,970 sqft lot single_family.
Is 312 Headrace Mill St a flip candidate?
No — 312 Headrace Mill St does not appear in our flips dataset.
Is 312 Headrace Mill St a tax-appeal candidate?
No — 312 Headrace Mill St 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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