6501 Wakefalls Dr
Wake Forest, NC 27587
4 bd 4 ba 4,321 sqft Built 1998 Lot 80,150 sqft single_family
Most recent sale
$850,000
Aug 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 8, 2022 | Sold | $1,025,000 | DoorifyMLS |
| Sep 14, 2022 | Listed | $1,095,000 | MLS #2473993 |
| Aug 20, 2021 | Sold | $850,000 | MLS #2390131 |
| Jun 15, 2021 | Listed | $895,000 | MLS #2389959 |
| Dec 23, 2002 | Sold | $565,000 | DoorifyMLS |
| Dec 20, 2002 | Sold | $565,000 | Public Record |
| Nov 20, 2000 | Sold | $600,000 | Public Record |
| Jan 5, 1999 | Sold | $542,500 | DoorifyMLS |
| Jan 4, 1999 | Sold | $542,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $907,088 | $200,000 | $1,107,088 | $7,100 |
| 2024 | $838,518 | $200,000 | $1,038,518 | $6,682 |
| 2023 | $696,797 | $180,000 | $876,797 | $6,856 |
| 2022 | $696,797 | $180,000 | $876,797 | $6,352 |
| 2021 | $696,797 | $180,000 | $876,797 | $6,181 |
| 2020 | $696,797 | $180,000 | $876,797 | $6,079 |
| 2019 | $643,214 | $200,000 | $843,214 | $6,907 |
| 2018 | $643,214 | $200,000 | $843,214 | $6,347 |
| 2017 | $643,214 | $200,000 | $843,214 | $6,015 |
| 2016 | $643,214 | $200,000 | $843,214 | $5,893 |
| 2015 | $531,888 | $276,000 | $807,888 | $5,631 |
| 2014 | $531,888 | $276,000 | $807,888 | $5,336 |
| 2013 | $531,888 | $276,000 | $807,888 | $4,980 |
| 2012 | $531,888 | $276,000 | $807,888 | $4,980 |
| 2011 | $531,888 | $276,000 | $807,888 | $4,980 |
| 2010 | $531,888 | $276,000 | $807,888 | $4,980 |
| 2009 | $531,888 | $276,000 | $807,888 | $4,980 |
| 2007 | $648,687 | $276,000 | $924,687 | $4,169 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,321 sqft
Lot size
80,150 sqft
ZIP code
27587
City
Wake Forest
Street
Wakefalls Dr
Coordinates
35.96533, -78.56777
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
$5,833
Gross rental yield
8.23%
Implied cap rate
5.35%
Trend-extrapolated value
—
Frequently asked questions
When did 6501 Wakefalls Dr last sell?
6501 Wakefalls Dr most recently sold on Aug 20, 2021 for $850,000.
What is the current tax assessment for 6501 Wakefalls Dr?
The most recent total assessment for 6501 Wakefalls Dr (year 2025) is $1,107,088 with $7,100 in property tax.
How does 6501 Wakefalls Dr's assessment compare to its last sale price?
The current assessment is 30.2% above the last sale price of $850,000.
When was 6501 Wakefalls Dr built?
6501 Wakefalls Dr was built in 1998.
How does 6501 Wakefalls Dr compare to others on Wakefalls Dr?
We track 8 other properties on Wakefalls Dr. Browse the list under "Other properties on Wakefalls Dr" to compare beds, baths, and sale history.
What are the property facts for 6501 Wakefalls Dr?
6501 Wakefalls Dr is a 4 bed, 4 bath, 4,321 sqft, 80,150 sqft lot single_family.
Is 6501 Wakefalls Dr a flip candidate?
Yes — 6501 Wakefalls Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 6501 Wakefalls Dr a tax-appeal candidate?
No — 6501 Wakefalls Dr 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
Geography
Other properties on Wakefalls Dr