1000 Tranquil Creek Way
Wake Forest, NC 27587
3 bd 3 ba 1,847 sqft Built 2016 Lot 2,614 sqft townhomes
Most recent sale
$365,000
May 12, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2024 | Sold | $365,000 | DoorifyMLS |
| Apr 25, 2024 | Listed | $375,000 | TriangleAreaNC |
| Feb 17, 2024 | Listing removed | — | TriangleAreaNC |
| Feb 9, 2024 | Listed | $375,000 | TriangleAreaNC |
| Jan 2, 2024 | Listing removed | — | TriangleAreaNC |
| Sep 23, 2023 | Price changed | $400,000 | TriangleAreaNC |
| Sep 2, 2023 | Price changed | $369,900 | TriangleAreaNC |
| May 29, 2023 | Listed | $375,000 | TriangleAreaNC |
| May 12, 2023 | Sold | $365,000 | TriangleAreaNC |
| Aug 5, 2016 | Sold | $223,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $305,863 | $50,000 | $355,863 | $3,354 |
| 2024 | $305,863 | $50,000 | $355,863 | $3,341 |
| 2023 | $207,505 | $42,000 | $249,505 | $2,919 |
| 2022 | $207,505 | $42,000 | $249,505 | $2,800 |
| 2021 | $207,505 | $42,000 | $249,505 | $2,752 |
| 2020 | $207,505 | $42,000 | $249,505 | $2,752 |
| 2019 | $182,743 | $42,000 | $224,743 | $2,808 |
| 2018 | $182,743 | $42,000 | $224,743 | $2,659 |
| 2017 | $182,743 | $42,000 | $224,743 | $2,570 |
Property facts
Year built
2016
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,847 sqft
Lot size
2,614 sqft
ZIP code
27587
City
Wake Forest
Street
Tranquil Creek Way
Coordinates
35.97899, -78.48967
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,493
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
—
Frequently asked questions
When did 1000 Tranquil Creek Way last sell?
1000 Tranquil Creek Way most recently sold on May 12, 2023 for $365,000.
What is the current tax assessment for 1000 Tranquil Creek Way?
The most recent total assessment for 1000 Tranquil Creek Way (year 2025) is $355,863 with $3,354 in property tax.
How does 1000 Tranquil Creek Way's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $365,000.
When was 1000 Tranquil Creek Way built?
1000 Tranquil Creek Way was built in 2016.
How does 1000 Tranquil Creek Way compare to others on Tranquil Creek Way?
We track 8 other properties on Tranquil Creek Way. Browse the list under "Other properties on Tranquil Creek Way" to compare beds, baths, and sale history.
What are the property facts for 1000 Tranquil Creek Way?
1000 Tranquil Creek Way is a 3 bed, 3 bath, 1,847 sqft, 2,614 sqft lot townhomes.
Is 1000 Tranquil Creek Way a flip candidate?
No — 1000 Tranquil Creek Way does not appear in our flips dataset.
Is 1000 Tranquil Creek Way a tax-appeal candidate?
No — 1000 Tranquil Creek 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
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