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550 Old Dairy Dr

Wake Forest, NC 27587

4 bd 4 ba 2,995 sqft Built 2018 Lot 7,405 sqft single_family
Most recent sale
$550,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $550,000 Public Record
Apr 21, 2022 Listed $565,000 MLS #2443877
Sep 28, 2018 Sold $368,100 Public Record
Apr 6, 2016 Sold $812,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $462,426 $100,000 $562,426 $5,290
2024 $462,426 $100,000 $562,426 $5,270
2023 $286,273 $75,000 $361,273 $4,217
2022 $286,273 $75,000 $361,273 $4,046
2021 $286,273 $75,000 $361,273 $3,975
2020 $286,273 $75,000 $361,273 $3,975
2019 $283,126 $55,800 $338,926 $4,225
2018 $55,800 $55,800 $655
2017 $55,800 $55,800 $633
2016 $55,800 $55,800 $625

Property facts

Year built
2018
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,995 sqft
Lot size
7,405 sqft
ZIP code
27587
City
Wake Forest
Street
Old Dairy Dr
Coordinates
35.95466, -78.51282

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,043
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 550 Old Dairy Dr last sell?
550 Old Dairy Dr most recently sold on May 26, 2022 for $550,000.
What is the current tax assessment for 550 Old Dairy Dr?
The most recent total assessment for 550 Old Dairy Dr (year 2025) is $562,426 with $5,290 in property tax.
How does 550 Old Dairy Dr's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $550,000.
When was 550 Old Dairy Dr built?
550 Old Dairy Dr was built in 2018.
How does 550 Old Dairy Dr compare to others on Old Dairy Dr?
We track 8 other properties on Old Dairy Dr. Browse the list under "Other properties on Old Dairy Dr" to compare beds, baths, and sale history.
What are the property facts for 550 Old Dairy Dr?
550 Old Dairy Dr is a 4 bed, 4 bath, 2,995 sqft, 7,405 sqft lot single_family.
Is 550 Old Dairy Dr a flip candidate?
No — 550 Old Dairy Dr does not appear in our flips dataset.
Is 550 Old Dairy Dr a tax-appeal candidate?
No — 550 Old Dairy Dr 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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