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1040 Heather Ln

Wake Forest, NC 27587

4 bd 3 ba 2,420 sqft Built 2022 Lot 39,962 sqft single_family
Most recent sale
$77,000
Jul 14, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 24, 2023 Sold $525,000 DoorifyMLS
Apr 12, 2023 Listed $538,000 DoorifyMLS
Apr 6, 2023 Price changed $538,000 DoorifyMLS
Mar 30, 2023 Price changed $539,000 DoorifyMLS
Mar 16, 2023 Price changed $540,000 DoorifyMLS
Mar 2, 2023 Listed $545,000 DoorifyMLS
Nov 22, 2022 Sold $493,626 DoorifyMLS
Aug 23, 2022 Listed $437,900 MLS #2322454
Jul 14, 2021 Sold $77,000 Public Record
Jan 31, 2019 Listed $365,000 MLS #2234502
Jun 8, 2009 Sold $414,000 Public Record
Apr 18, 2009 Listing removed $39,000 DoorifyMLS
Feb 15, 2009 Listed $39,000 MLS #1656147

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $438,318 $66,500 $504,818 $3,639
2023 $222,137 $40,000 $262,137 $2,489
2022 $51,277 $40,000 $91,277 $830
2020 $34,000 $34,000 $295
2019 $34,000 $34,000 $295
2018 $34,000 $34,000 $295
2017 $34,000 $34,000 $308
2016 $34,000 $34,000 $308
2015 $34,000 $34,000 $291
2014 $34,000 $34,000 $291
2013 $34,000 $34,000 $291
2012 $34,000 $34,000 $279
2011 $34,000 $34,000 $270
2010 $34,000 $34,000 $270
2009 $31,875 $31,875 $263
2008 $31,875 $31,875 $241

Property facts

Year built
2022
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,420 sqft
Lot size
39,962 sqft
ZIP code
27587
City
Wake Forest
Street
Heather Ln
Coordinates
36.06213, -78.59321

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
$462
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1040 Heather Ln last sell?
1040 Heather Ln most recently sold on Jul 14, 2021 for $77,000.
What is the current tax assessment for 1040 Heather Ln?
The most recent total assessment for 1040 Heather Ln (year 2025) is $504,818 with $3,639 in property tax.
How does 1040 Heather Ln's assessment compare to its last sale price?
The current assessment is 555.6% above the last sale price of $77,000.
When was 1040 Heather Ln built?
1040 Heather Ln was built in 2022.
How does 1040 Heather Ln compare to others on Heather Ln?
We track 8 other properties on Heather Ln. Browse the list under "Other properties on Heather Ln" to compare beds, baths, and sale history.
What are the property facts for 1040 Heather Ln?
1040 Heather Ln is a 4 bed, 3 bath, 2,420 sqft, 39,962 sqft lot single_family.
Is 1040 Heather Ln a flip candidate?
Yes — 1040 Heather Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1040 Heather Ln a tax-appeal candidate?
No — 1040 Heather 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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