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16229 New Light Rd

Wake Forest, NC 27587

4 bd 4 ba 2,532 sqft Built 2022 Lot 25,700 sqft single_family
Most recent sale
$69,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 12, 2023 Sold $560,000 DoorifyMLS
Jun 23, 2022 Sold $69,000 MLS #2437658
Mar 21, 2022 Listed $60,000 MLS #2437658
Apr 22, 2021 Listed $55,000 MLS #2379262

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $488,917 $63,000 $551,917 $3,550
2024 $488,917 $63,000 $551,917 $3,447
2023 $54,000 $54,000 $1,981
2022 $54,000 $54,000 $409
2021 $54,000 $54,000 $399
2020 $54,000 $54,000 $393
2019 $45,000 $45,000 $387
2018 $45,000 $45,000 $357
2017 $45,000 $45,000 $339
2016 $45,000 $45,000 $333
2015 $787 $58,500 $59,287 $431
2014 $787 $58,500 $59,287 $410
2013 $787 $58,500 $59,287 $384
2012 $787 $58,500 $59,287 $384
2011 $787 $58,500 $59,287 $384
2010 $787 $58,500 $59,287 $384
2009 $787 $58,500 $59,287 $384
2007 $787 $58,500 $59,287 $305

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,532 sqft
Lot size
25,700 sqft
ZIP code
27587
City
Wake Forest
Street
New Light Rd
Coordinates
36.04866, -78.63125

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$414
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16229 New Light Rd last sell?
16229 New Light Rd most recently sold on Jun 23, 2022 for $69,000.
What is the current tax assessment for 16229 New Light Rd?
The most recent total assessment for 16229 New Light Rd (year 2025) is $551,917 with $3,550 in property tax.
How does 16229 New Light Rd's assessment compare to its last sale price?
The current assessment is 699.9% above the last sale price of $69,000.
When was 16229 New Light Rd built?
16229 New Light Rd was built in 2022.
How does 16229 New Light Rd compare to others on New Light Rd?
We track 8 other properties on New Light Rd. Browse the list under "Other properties on New Light Rd" to compare beds, baths, and sale history.
What are the property facts for 16229 New Light Rd?
16229 New Light Rd is a 4 bed, 4 bath, 2,532 sqft, 25,700 sqft lot single_family.
Is 16229 New Light Rd a flip candidate?
Yes — 16229 New Light Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16229 New Light Rd a tax-appeal candidate?
No — 16229 New Light Rd 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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