1340 Martin Creek Dr
Wake Forest, NC 27587
5 bd 4 ba 3,168 sqft Built 2022 Lot 7,405 sqft single_family
Most recent sale
$585,000
Oct 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 27, 2022 | Sold | $585,000 | MLS #2467520 |
| Aug 31, 2022 | Price changed | $589,990 | MLS #19243600240 |
| Aug 30, 2022 | Price changed | $589,990 | MLS #2467520 |
| Aug 23, 2022 | Price changed | $599,990 | MLS #19243600240 |
| Aug 22, 2022 | Price changed | $599,990 | MLS #2467520 |
| Aug 12, 2022 | Price changed | $609,990 | MLS #19243600240 |
| Aug 9, 2022 | Listed | $609,990 | MLS #2467520 |
| Aug 2, 2022 | Price changed | $605,945 | MLS #19243600240 |
| Jul 14, 2022 | Listed | $620,945 | MLS #19243600240 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $479,643 | $120,000 | $599,643 | $5,639 |
| 2024 | $479,643 | $120,000 | $599,643 | $5,617 |
| 2023 | $317,749 | $92,000 | $409,749 | $4,781 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,168 sqft
Lot size
7,405 sqft
ZIP code
27587
City
Wake Forest
Street
Martin Creek Dr
Coordinates
35.97242, -78.46775
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
$4,277
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value
—
Frequently asked questions
When did 1340 Martin Creek Dr last sell?
1340 Martin Creek Dr most recently sold on Oct 27, 2022 for $585,000.
What is the current tax assessment for 1340 Martin Creek Dr?
The most recent total assessment for 1340 Martin Creek Dr (year 2025) is $599,643 with $5,639 in property tax.
How does 1340 Martin Creek Dr's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $585,000.
When was 1340 Martin Creek Dr built?
1340 Martin Creek Dr was built in 2022.
How does 1340 Martin Creek Dr compare to others on Martin Creek Dr?
We track 8 other properties on Martin Creek Dr. Browse the list under "Other properties on Martin Creek Dr" to compare beds, baths, and sale history.
What are the property facts for 1340 Martin Creek Dr?
1340 Martin Creek Dr is a 5 bed, 4 bath, 3,168 sqft, 7,405 sqft lot single_family.
Is 1340 Martin Creek Dr a flip candidate?
No — 1340 Martin Creek Dr does not appear in our flips dataset.
Is 1340 Martin Creek Dr a tax-appeal candidate?
No — 1340 Martin Creek 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
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