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1224 Touchstone Way

Wake Forest, NC 27587

5 bd 6 ba 3,685 sqft Built 2023 Lot 8,146 sqft single_family
Most recent sale
$3,225,000
Apr 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 29, 2024 Sold $872,600 DoorifyMLS
Jul 14, 2022 Price changed $897,940 MLS #2458690
Jun 27, 2022 Listed $898,440 MLS #2458690
Apr 28, 2021 Sold $3,225,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $700,380 $160,000 $860,380 $8,082
2024 $160,000 $160,000 $6,070
2023 $145,000 $145,000 $1,684
2022 $145,000 $145,000 $1,616
2021 $145,000 $145,000 $1,588
2020 $145,000 $145,000 $381
2019 $118,000 $118,000 $351

Property facts

Year built
2023
Property type
single_family
Stories
3
Beds
5
Baths
6
Living area
3,685 sqft
Lot size
8,146 sqft
ZIP code
27587
City
Wake Forest
Street
Touchstone Way
Coordinates
35.97129, -78.48401

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$19,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1224 Touchstone Way last sell?
1224 Touchstone Way most recently sold on Apr 28, 2021 for $3,225,000.
What is the current tax assessment for 1224 Touchstone Way?
The most recent total assessment for 1224 Touchstone Way (year 2025) is $860,380 with $8,082 in property tax.
How does 1224 Touchstone Way's assessment compare to its last sale price?
The current assessment is 73.3% below the last sale price of $3,225,000.
When was 1224 Touchstone Way built?
1224 Touchstone Way was built in 2023.
How does 1224 Touchstone Way compare to others on Touchstone Way?
We track 8 other properties on Touchstone Way. Browse the list under "Other properties on Touchstone Way" to compare beds, baths, and sale history.
What are the property facts for 1224 Touchstone Way?
1224 Touchstone Way is a 5 bed, 6 bath, 3,685 sqft, 8,146 sqft lot single_family.
Is 1224 Touchstone Way a flip candidate?
No — 1224 Touchstone Way does not appear in our flips dataset.
Is 1224 Touchstone Way a tax-appeal candidate?
No — 1224 Touchstone Way 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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