1508 Main Divide Dr
Wake Forest, NC 27587
4 bd 3 ba 2,440 sqft Built 2011 Lot 10,019 sqft single_family
Most recent sale
$501,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $501,000 | Public Record |
| Apr 21, 2022 | Listed | $434,900 | MLS #2443281 |
| Aug 26, 2011 | Sold | $236,000 | Public Record |
| May 27, 2011 | Price changed | $239,900 | MLS #1767114 |
| Feb 7, 2011 | Listed | $249,900 | MLS #1767114 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $384,215 | $100,000 | $484,215 | $4,557 |
| 2024 | $384,215 | $100,000 | $484,215 | $4,540 |
| 2023 | $236,926 | $60,000 | $296,926 | $3,470 |
| 2022 | $236,926 | $60,000 | $296,926 | $3,329 |
| 2021 | $236,926 | $60,000 | $296,926 | $3,271 |
| 2020 | $236,926 | $60,000 | $296,926 | $3,271 |
| 2019 | $184,612 | $58,000 | $242,612 | $3,030 |
| 2018 | $184,612 | $58,000 | $242,612 | $2,869 |
| 2017 | $184,612 | $58,000 | $242,612 | $2,773 |
| 2016 | $184,612 | $58,000 | $242,612 | $2,738 |
| 2015 | $223,820 | $60,000 | $283,820 | $3,239 |
| 2014 | $223,820 | $60,000 | $283,820 | $3,136 |
| 2013 | $223,820 | $60,000 | $283,820 | $2,983 |
| 2012 | $223,820 | $60,000 | $283,820 | $2,983 |
| 2011 | $223,820 | $60,000 | $283,820 | $626 |
| 2010 | — | $60,000 | $60,000 | $626 |
| 2009 | — | $60,000 | $60,000 | $626 |
Property facts
Year built
2011
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,440 sqft
Lot size
10,019 sqft
ZIP code
27587
City
Wake Forest
Street
Main Divide Dr
Coordinates
35.95924, -78.48041
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
$3,294
Gross rental yield
7.89%
Implied cap rate
5.13%
Trend-extrapolated value
—
Frequently asked questions
When did 1508 Main Divide Dr last sell?
1508 Main Divide Dr most recently sold on May 31, 2022 for $501,000.
What is the current tax assessment for 1508 Main Divide Dr?
The most recent total assessment for 1508 Main Divide Dr (year 2025) is $484,215 with $4,557 in property tax.
How does 1508 Main Divide Dr's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $501,000.
When was 1508 Main Divide Dr built?
1508 Main Divide Dr was built in 2011.
How does 1508 Main Divide Dr compare to others on Main Divide Dr?
We track 8 other properties on Main Divide Dr. Browse the list under "Other properties on Main Divide Dr" to compare beds, baths, and sale history.
What are the property facts for 1508 Main Divide Dr?
1508 Main Divide Dr is a 4 bed, 3 bath, 2,440 sqft, 10,019 sqft lot single_family.
Is 1508 Main Divide Dr a flip candidate?
No — 1508 Main Divide Dr does not appear in our flips dataset.
Is 1508 Main Divide Dr a tax-appeal candidate?
No — 1508 Main Divide 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
Other properties on Main Divide Dr