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656 Walters Dr

Wake Forest, NC 27587

4 bd 5 ba 4,203 sqft Built 2007 Lot 12,632 sqft single_family
Most recent sale
$950,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $950,000 MLS #2453645
Jun 4, 2022 Listed $849,900 MLS #2453645
Jun 10, 2008 Sold $535,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $713,882 $130,000 $843,882 $7,928
2024 $713,882 $130,000 $843,882 $7,897
2023 $504,966 $85,000 $589,966 $6,875
2022 $454,258 $85,000 $539,258 $6,030
2021 $454,258 $85,000 $539,258 $5,925
2020 $454,258 $85,000 $539,258 $5,925
2019 $422,016 $102,000 $524,016 $6,521
2018 $422,016 $102,000 $524,016 $6,174
2017 $422,016 $102,000 $524,016 $5,968
2016 $422,016 $102,000 $524,016 $5,892
2015 $425,462 $105,000 $530,462 $6,038
2014 $425,462 $105,000 $530,462 $5,844
2013 $425,462 $105,000 $530,462 $5,558
2012 $425,462 $105,000 $530,462 $5,558
2011 $425,462 $105,000 $530,462 $5,558
2010 $369,047 $105,000 $474,047 $4,969
2009 $369,047 $105,000 $474,047 $4,969

Property facts

Year built
2007
Property type
single_family
Stories
3
Beds
4
Baths
5
Living area
4,203 sqft
Lot size
12,632 sqft
ZIP code
27587
City
Wake Forest
Street
Walters Dr
Coordinates
35.96017, -78.49071

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,674
Gross rental yield
7.17%
Implied cap rate
4.66%
Trend-extrapolated value

Frequently asked questions

When did 656 Walters Dr last sell?
656 Walters Dr most recently sold on Aug 16, 2022 for $950,000.
What is the current tax assessment for 656 Walters Dr?
The most recent total assessment for 656 Walters Dr (year 2025) is $843,882 with $7,928 in property tax.
How does 656 Walters Dr's assessment compare to its last sale price?
The current assessment is 11.2% below the last sale price of $950,000.
When was 656 Walters Dr built?
656 Walters Dr was built in 2007.
How does 656 Walters Dr compare to others on Walters Dr?
We track 7 other properties on Walters Dr. Browse the list under "Other properties on Walters Dr" to compare beds, baths, and sale history.
What are the property facts for 656 Walters Dr?
656 Walters Dr is a 4 bed, 5 bath, 4,203 sqft, 12,632 sqft lot single_family.
Is 656 Walters Dr a flip candidate?
No — 656 Walters Dr does not appear in our flips dataset.
Is 656 Walters Dr a tax-appeal candidate?
No — 656 Walters Dr 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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