505 Lakeview Ave
Wake Forest, NC 27587
3 bd 3 ba 2,450 sqft Built 2005 Lot 12,197 sqft single_family
Most recent sale
$452,500
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 26, 2026 | Price changed | $430,000 | DoorifyMLS |
| Feb 4, 2026 | Listed | $440,000 | DoorifyMLS |
| Jul 13, 2023 | Sold | $408,000 | DoorifyMLS |
| May 16, 2023 | Listed for rent | $1,000 | Zumper |
| Oct 13, 2022 | Price changed | $450,000 | MLS #2463330 |
| Sep 22, 2022 | Price changed | $452,000 | MLS #2463330 |
| Sep 5, 2022 | Relisted | $461,000 | MLS #2463330 |
| Aug 23, 2022 | Listed | $461,000 | MLS #2463330 |
| Jun 14, 2022 | Sold | $452,500 | Public Record |
| Oct 4, 2005 | Sold | $225,000 | Public Record |
| Oct 3, 2005 | Sold | $225,000 | DoorifyMLS |
| Mar 9, 2005 | Sold | $76,000 | Public Record |
| Oct 30, 2002 | Sold | $270,000 | Public Record |
| May 24, 2002 | Sold | $1,430,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $399,398 | $85,000 | $484,398 | $4,559 |
| 2024 | $399,398 | $85,000 | $484,398 | $4,541 |
| 2023 | $269,742 | $40,000 | $309,742 | $3,619 |
| 2022 | $269,742 | $40,000 | $309,742 | $3,472 |
| 2021 | $269,742 | $40,000 | $309,742 | $3,412 |
| 2020 | $269,742 | $40,000 | $309,742 | $3,412 |
| 2019 | $197,939 | $40,000 | $237,939 | $2,972 |
| 2018 | $197,939 | $40,000 | $237,939 | $2,814 |
| 2017 | $197,939 | $40,000 | $237,939 | $2,721 |
| 2016 | $197,939 | $40,000 | $237,939 | $2,686 |
| 2015 | $207,843 | $40,000 | $247,843 | $2,832 |
| 2014 | $207,843 | $40,000 | $247,843 | $2,741 |
| 2013 | $207,843 | $40,000 | $247,843 | $2,607 |
| 2012 | $207,843 | $40,000 | $247,843 | $2,607 |
| 2011 | $207,843 | $40,000 | $247,843 | $2,607 |
| 2010 | $207,843 | $40,000 | $247,843 | $2,607 |
| 2009 | $207,843 | $40,000 | $247,843 | $2,607 |
| 2007 | $207,843 | $40,000 | $247,843 | $2,310 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,450 sqft
Lot size
12,197 sqft
ZIP code
27587
City
Wake Forest
Street
Lakeview Ave
Coordinates
35.96961, -78.52411
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,308
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Lakeview Ave last sell?
505 Lakeview Ave most recently sold on Jun 14, 2022 for $452,500.
What is the current tax assessment for 505 Lakeview Ave?
The most recent total assessment for 505 Lakeview Ave (year 2025) is $484,398 with $4,559 in property tax.
How does 505 Lakeview Ave's assessment compare to its last sale price?
The current assessment is 7.0% above the last sale price of $452,500.
When was 505 Lakeview Ave built?
505 Lakeview Ave was built in 2005.
How does 505 Lakeview Ave compare to others on Lakeview Ave?
We track 8 other properties on Lakeview Ave. Browse the list under "Other properties on Lakeview Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Lakeview Ave?
505 Lakeview Ave is a 3 bed, 3 bath, 2,450 sqft, 12,197 sqft lot single_family.
Is 505 Lakeview Ave a flip candidate?
No — 505 Lakeview Ave does not appear in our flips dataset.
Is 505 Lakeview Ave a tax-appeal candidate?
Yes — 505 Lakeview Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Lakeview Ave