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832 Tryon Palace St

Wake Forest, NC 27587

5 bd 4 ba 3,337 sqft Built 2021 Lot 11,326 sqft single_family
Most recent sale
$467,000
Apr 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2024 Sold $670,000 DoorifyMLS
Apr 13, 2024 Listed $669,987 TriangleAreaNC
Apr 22, 2021 Sold $467,000 Public Record
Oct 1, 2019 Sold $4,063,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $468,594 $130,000 $598,594 $5,629
2024 $468,594 $130,000 $598,594 $5,607
2023 $276,003 $110,000 $386,003 $4,505
2022 $67,000 $110,000 $177,000 $4,322
2021 $110,000 $110,000 $1,938
2020 $110,000 $110,000 $1,204
2019 $85,000 $85,000 $1,054

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,337 sqft
Lot size
11,326 sqft
ZIP code
27587
City
Wake Forest
Street
Tryon Palace St
Coordinates
35.97966, -78.46370

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
$4,505
Gross rental yield
11.58%
Implied cap rate
7.52%
Trend-extrapolated value

Frequently asked questions

When did 832 Tryon Palace St last sell?
832 Tryon Palace St most recently sold on Apr 22, 2021 for $467,000.
What is the current tax assessment for 832 Tryon Palace St?
The most recent total assessment for 832 Tryon Palace St (year 2025) is $598,594 with $5,629 in property tax.
How does 832 Tryon Palace St's assessment compare to its last sale price?
The current assessment is 28.2% above the last sale price of $467,000.
When was 832 Tryon Palace St built?
832 Tryon Palace St was built in 2021.
How does 832 Tryon Palace St compare to others on Tryon Palace St?
We track 8 other properties on Tryon Palace St. Browse the list under "Other properties on Tryon Palace St" to compare beds, baths, and sale history.
What are the property facts for 832 Tryon Palace St?
832 Tryon Palace St is a 5 bed, 4 bath, 3,337 sqft, 11,326 sqft lot single_family.
Is 832 Tryon Palace St a flip candidate?
No — 832 Tryon Palace St does not appear in our flips dataset.
Is 832 Tryon Palace St a tax-appeal candidate?
No — 832 Tryon Palace St 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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