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248 Shingle Oak Rd

Wake Forest, NC 27587

4 bd 4 ba 2,599 sqft Built 2023 Lot 3,485 sqft townhomes
Most recent sale
$423,775
Jul 13, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2025 Listed for rent $2,495 DoorifyMLS
Sep 10, 2025 Listed for rent $2,495 AppfolioUnits
Sep 4, 2025 Sold $380,000 DoorifyMLS
Jul 28, 2025 Price changed $389,900 DoorifyMLS
May 24, 2025 Price changed $399,900 DoorifyMLS
May 6, 2025 Price changed $415,000 DoorifyMLS
Apr 22, 2025 Price changed $425,000 DoorifyMLS
Apr 3, 2025 Listed $439,900 DoorifyMLS
Jul 13, 2023 Sold $423,775 TriangleAreaNC

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $364,209 $60,000 $424,209 $3,854
2024 $358,163 $60,000 $418,163 $3,839
2023 $45,000 $45,000 $1,154
2022 $45,000 $45,000 $116

Property facts

Year built
2023
Property type
townhomes
Stories
3
Beds
4
Baths
4
Living area
2,599 sqft
Lot size
3,485 sqft
ZIP code
27587
City
Wake Forest
Street
Shingle Oak Rd
Coordinates
35.95692, -78.45687

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,509
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value

Frequently asked questions

When did 248 Shingle Oak Rd last sell?
248 Shingle Oak Rd most recently sold on Jul 13, 2023 for $423,775.
What is the current tax assessment for 248 Shingle Oak Rd?
The most recent total assessment for 248 Shingle Oak Rd (year 2025) is $424,209 with $3,854 in property tax.
How does 248 Shingle Oak Rd's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $423,775.
When was 248 Shingle Oak Rd built?
248 Shingle Oak Rd was built in 2023.
How does 248 Shingle Oak Rd compare to others on Shingle Oak Rd?
We track 8 other properties on Shingle Oak Rd. Browse the list under "Other properties on Shingle Oak Rd" to compare beds, baths, and sale history.
What are the property facts for 248 Shingle Oak Rd?
248 Shingle Oak Rd is a 4 bed, 4 bath, 2,599 sqft, 3,485 sqft lot townhomes.
Is 248 Shingle Oak Rd a flip candidate?
No — 248 Shingle Oak Rd does not appear in our flips dataset.
Is 248 Shingle Oak Rd a tax-appeal candidate?
No — 248 Shingle Oak 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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