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1002 Royal Mill Ave

Wake Forest, NC 27587

3 bd 3 ba 2,144 sqft Built 2020 Lot 1,742 sqft townhomes
Most recent sale
$339,000
Jul 14, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2023 Sold $385,000 DoorifyMLS
Jul 14, 2022 Listed $439,900 MLS #2462417
Jul 14, 2021 Sold $339,000 Public Record
Feb 20, 2021 Listed $338,968 MLS #2367964

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $271,523 $80,000 $351,523 $3,314
2024 $271,523 $80,000 $351,523 $3,301
2023 $229,993 $42,000 $271,993 $3,180
2022 $239,023 $42,000 $281,023 $3,051
2021 $245,291 $42,000 $287,291 $3,166
2020 $42,000 $42,000 $3,166

Property facts

Year built
2020
Property type
townhomes
Stories
3
Beds
3
Baths
3
Living area
2,144 sqft
Lot size
1,742 sqft
ZIP code
27587
City
Wake Forest
Street
Royal Mill Ave
Coordinates
35.98480, -78.48531

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,894
Gross rental yield
10.24%
Implied cap rate
6.66%
Trend-extrapolated value

Frequently asked questions

When did 1002 Royal Mill Ave last sell?
1002 Royal Mill Ave most recently sold on Jul 14, 2021 for $339,000.
What is the current tax assessment for 1002 Royal Mill Ave?
The most recent total assessment for 1002 Royal Mill Ave (year 2025) is $351,523 with $3,314 in property tax.
How does 1002 Royal Mill Ave's assessment compare to its last sale price?
The current assessment is 3.7% above the last sale price of $339,000.
When was 1002 Royal Mill Ave built?
1002 Royal Mill Ave was built in 2020.
How does 1002 Royal Mill Ave compare to others on Royal Mill Ave?
We track 2 other properties on Royal Mill Ave. Browse the list under "Other properties on Royal Mill Ave" to compare beds, baths, and sale history.
What are the property facts for 1002 Royal Mill Ave?
1002 Royal Mill Ave is a 3 bed, 3 bath, 2,144 sqft, 1,742 sqft lot townhomes.
Is 1002 Royal Mill Ave a flip candidate?
No — 1002 Royal Mill Ave does not appear in our flips dataset.
Is 1002 Royal Mill Ave a tax-appeal candidate?
No — 1002 Royal Mill Ave 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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