1205 Spring Meadow Way
Wake Forest, NC 27587
3 bd 3 ba 1,812 sqft Built 2021 Lot 4,356 sqft single_family
Most recent sale
$286,500
Jul 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 10, 2022 | Sold | $368,000 | DoorifyMLS |
| Sep 22, 2022 | Price changed | $378,000 | MLS #2473205 |
| Sep 19, 2022 | Price changed | $385,500 | MLS #2473205 |
| Sep 14, 2022 | Price changed | $399,500 | MLS #2473205 |
| Sep 10, 2022 | Price changed | $410,000 | MLS #2473205 |
| Sep 9, 2022 | Listed | $417,000 | MLS #2473205 |
| Jul 28, 2021 | Sold | $286,500 | Public Record |
| Apr 22, 2021 | Sold | $76,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $238,550 | $110,000 | $348,550 | $3,334 |
| 2023 | $166,740 | $42,000 | $208,740 | $2,802 |
| 2022 | $166,740 | $42,000 | $208,740 | $2,771 |
| 2021 | — | $42,000 | $42,000 | $542 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,812 sqft
Lot size
4,356 sqft
ZIP code
27587
City
Wake Forest
Street
Spring Meadow Way
Coordinates
36.01678, -78.51213
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,446
Gross rental yield
10.25%
Implied cap rate
6.66%
Trend-extrapolated value
—
Frequently asked questions
When did 1205 Spring Meadow Way last sell?
1205 Spring Meadow Way most recently sold on Jul 28, 2021 for $286,500.
What is the current tax assessment for 1205 Spring Meadow Way?
The most recent total assessment for 1205 Spring Meadow Way (year 2025) is $348,550 with $3,334 in property tax.
How does 1205 Spring Meadow Way's assessment compare to its last sale price?
The current assessment is 21.7% above the last sale price of $286,500.
When was 1205 Spring Meadow Way built?
1205 Spring Meadow Way was built in 2021.
How does 1205 Spring Meadow Way compare to others on Spring Meadow Way?
We track 8 other properties on Spring Meadow Way. Browse the list under "Other properties on Spring Meadow Way" to compare beds, baths, and sale history.
What are the property facts for 1205 Spring Meadow Way?
1205 Spring Meadow Way is a 3 bed, 3 bath, 1,812 sqft, 4,356 sqft lot single_family.
Is 1205 Spring Meadow Way a flip candidate?
Yes — 1205 Spring Meadow Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1205 Spring Meadow Way a tax-appeal candidate?
No — 1205 Spring Meadow Way 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
Explore nearby
Other properties on Spring Meadow Way