Sold
Last Sold Price
4 beds4,256 sqft
5308 Mill Dam Rd, Wake Forest, NC 27587
Single FamilyProperty Type
5.03 acresLot Size
1996Year Built
$168/sq ftPrice per sq ft
$328/yrHOA Fees
5 carsParking Spaces

Description

Your discerning buyers will love this 5 acre homesite. Mstr Suite down has remodeled BA, FP w/ sitting area overlooking heated, 42 ft pool, Bocce Ball court & lake. Large windows & cathedral ceiling makes the living room a grand entertainment area. 900 sqft Timbertech deck w/ Bose sound & glass balusters. Office also on main floor. 3 car garage attached. 3BR up plus a room with office/workout space. Wrap around front porch W/ ceiling fans. Addition 3 car garage w/ 650sqft of heated/cooled activity...Your discerning buyers will love this 5 acre homesite. Mstr Suite down has remodeled BA, FP w/ sitting area overlooking heated, 42 ft pool, Bocce Ball court & lake. Large windows & cathedral ceiling makes the living room a grand entertainment area. 900 sqft Timbertech deck w/ Bose sound & glass balusters. Office also on main floor. 3 car garage attached. 3BR up plus a room with office/workout space. Wrap around front porch W/ ceiling fans. Addition 3 car garage w/ 650sqft of heated/cooled activity space.
  • Listed by: Brian Pate 919.471.8000 klrw206@kw.com Brokerage DRE #C11365 • Keller Williams Preferred Realty
Listing closed: 06/21/2019 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2247906

Recent comparable sales

Median sold price

$850,000

Avg days on market

47

Sale-to-list ratio

97.8%

Wake Forest, NC

9 comparable properties found

$875,000 | 1100 Bessie Court, Wake Forest, NC 27587
1/47
1

$875,000

Sold 09/30/24

4
Bedrooms
3,713
Square Feet
0.41
Acres
$950,000 | 5344 Mill Dam Road, Wake Forest, NC 27587
1/69
2

$950,000

Sold 07/28/25

4
Bedrooms
4,144
Square Feet
4.00
Acres
$940,000 | 1109 Duke Farm Drive, Wake Forest, NC 27587
1/36
3

$940,000

Sold 10/18/24

4
Bedrooms
4,064
Square Feet
0.41
Acres
$725,000 | 1640 Oak Grove Church Road, Wake Forest, NC 27587
1/18
4

$725,000

Sold 01/06/25

4
Bedrooms
3,077
Square Feet
2.4
Acres
$1,290,000 | 6632 Prescott Shore Drive, Wake Forest, NC 27587
1/76
5

$1,290,000

Sold 02/12/25

4
Bedrooms
4,213
Square Feet
0.81
Acres
$750,000 | 1416 Endgame Court, Wake Forest, NC 27587
1/88
6

$750,000

Sold 06/03/25

4
Bedrooms
4,099
Square Feet
0.27
Acres
$755,000 | 5916 2 Pines Trail, Wake Forest, NC 27587
1/48
7

$755,000

Sold 05/28/26

4
Bedrooms
3,723
Square Feet
1.06
Acres
$850,000 | 1416 Heritage Links Drive, Wake Forest, NC 27587
1/54
8

$850,000

Sold 06/12/25

4
Bedrooms
3,655
Square Feet
0.38
Acres
$680,599 | 680 Sun Mdw Drive, Wake Forest, NC 27587
1/31
9

$680,599

Sold 12/04/25

5
Bedrooms
3,689
Square Feet
0.14
Acres

Location

Listing Courtesy of Keller Williams Preferred Realty

Sold By RE/MAX United

Add your commute

Payment Calculator

$4,171 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,695

Property Taxes

$449

HOA Dues

$27

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5308 Mill Dam Road

Property Details
  • Taxes: $5,382 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Waterfront Features: Dock Floating, Dock Permit Installed, Waterfront, Water View
  • Subdivision: Millrace
Building Information
  • Year Built: 1996
  • Lot Size: 5.03 AC / 219,106 SF
Summary
Location and General Information
  • Directions: From Capital Blvd, go east on Hwy 98 bypass (Dr. Calvin Jones Highway) to left on Averette Road. Turn Right on Mill Dam. House on right.
  • Subdivision Name: Millrace
  • Latitude: 35.979298
  • Longitude: -78.449368
Taxes and HOA Information
  • Association Fee: $328.00
  • Association Fee Frequency: Annually
  • Association Name: Millrace HOA
  • Association Phone2: 919-600-4533
  • Association: Yes
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $5,382.00
  • Has City Limits: No
  • Lot Number: 43
  • Has Restrictive Covenants: Yes
Contract Information
  • Original Listing ID: 2247906
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
Owner
  • Ownership Type: Other
School Information
  • Elementary School: Wake - Richland Creek Elementary School
  • Middle Or Junior School: Wake - Wake Forest Middle School
  • High School: Wake - Wake Forest High School
Parking
  • Parking Features: Attached, Circular Driveway, Concrete, Detached, Driveway, Garage
  • Carport: No
  • Garage Spaces: 5.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 4256.0
  • Lot Features: Landscaped
  • Lot Size Dimensions: 195'85'98'74'95'118'153'88'43'x88'760
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 650.0
  • Structure Type: Site Built
  • Has Primary Residence: Yes
  • Sold PriceList Price: 0.99
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Community Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Covered, Deck, Porch
  • Pool Features: Heated, In Ground
  • New Construction Type: Site Built, Brick
Interior Features
  • Levels: Two
  • Basement Description: Crawl Space
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom
  • Has Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Cooling: Heat Pump, Zoned
  • Has Cooling: Yes
  • Heating: Electric, Forced Air, Propane, Zoned
  • Has Heating: Yes
  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Tankless Water Heater
  • Laundry Features: Main Level
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Walk-In Closet(s), Second Primary Bedroom, Room Over Garage, Smooth Ceilings
Room Information
Room Information
  • Rooms Total: 12.0
Room 1
  • Type: Living Room
  • Level: Main
Room 2
  • Type: Dining Room
  • Level: Main
Room 3
  • Type: Office
  • Level: Main
Room 4
  • Type: Kitchen
  • Level: Main
Room 5
  • Type: Breakfast Room
  • Level: Main
Room 6
  • Type: Primary Bedroom
  • Level: Main
  • Description: Primary Bedrooom with Sitting Room
Room 7
  • Type: Bedroom 2
  • Level: Second
Room 8
  • Type: Bedroom 3
  • Level: Second
Room 9
  • Type: Bedroom 4
  • Level: Second
Room 10
  • Type: Bonus Room
  • Level: Second
  • Description: Finished Bonus Room, Bonus Room Over Garage
Room 11
  • Type: Other
  • Level: Main
  • Description: 1Mstr Sit
Room 12
  • Type: Other
  • Level: Second
  • Description: Flex
Room 13
  • Type: Other
  • Description: bonus
Room 14
  • Type: Media Room
Room 15
  • Type: Bathroom 2
  • Level: Main

Property History for 5308 Mill Dam Road

DateEvent & SourcePriceAppreciation
Jun 21, 2019

Sold (Public Record)

Public Record #646849640

$715,000

-0.1% / yr

Jun 21, 2019

Sold

Doorify MLS (fka Triangle MLS) #2247906

$715,000
Apr 21, 2019

Pending

Doorify MLS (fka Triangle MLS) #2247906

DateEvent & SourcePrice
06/21/2019

Sold (Public Record)

Public Record #646849640

$715,000

-0.1% / yr

06/21/2019

Sold

Doorify MLS (fka Triangle MLS) #2247906

$715,000
04/21/2019

Pending

Doorify MLS (fka Triangle MLS) #2247906

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5308 Mill Dam Road

Taxable ValueLand$315,000Additions$862,585Total$1,177,585
Tax Record2025$7,552 ($629 / month)
Home Facts
Baths3.5Total Finished SqFt4,287 SqFtAbove Grade Finished SqFt4,287 SqFtStories2Lot Size219,107 SqFtStyleSingle Family ResidenceYear Built1996Year Renovated2001ZoningR-30CountyWAKEAPN1861.03-31-0910 0215728Fireplace TypeHas Fireplace

Schools near 5308 Mill Dam Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Richland Creek Elementary School
PublicPK to 5

Wake Forest Middle School
Public6 to 8

Wake Forest High School
Public9 to 12

North Wake College And Career Academy
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 27587

$615,000 | 8525 Purnell Ridge Road, Wake Forest, NC 27587
1/54
New

$615,000

3
Bedrooms
2,586
Square Feet
4.60
Acres
$575,000 | 566 Timberknoll Lane, Wake Forest, NC 27587
1/40
New

$575,000

3
Bedrooms
2,850
Square Feet
0.92
Acres
$699,900 | 1149 Golden Star Way, Wake Forest, NC 27587
1/50
New

$699,900

4
Bedrooms
3,360
Square Feet
0.21
Acres
$299,900 | 519 East Walnut Avenue, Wake Forest, NC 27587
1/8

$299,900

4
Bedrooms
1,912
Square Feet
0.27
Acres
$375,000 | 926 South Main Street, Wake Forest, NC 27587
1/24

$375,000

4
Bedrooms
1,608
Square Feet
0.34
Acres
$689,000 | 609 Lake Holding Street, Wake Forest, NC 27587
1/57
Open: 9/20 01:00PM - 04:00PM

$689,000

4
Bedrooms
2,958
Square Feet
0.14
Acres
$649,000 | 1420 Holding Village Way, Wake Forest, NC 27587
1/48
Compass Coming Soon

$649,000

5
Bedrooms
3,236
Square Feet
0.14
Acres
$2,385,000 | 6592 Wakefalls Drive, Wake Forest, NC 27587
1/107
Listed By CompassOpen: 9/20 12:00PM - 04:00PM

$2,385,000

5
Bedrooms
6,780
Square Feet
2.36
Acres
$1,750,000 | 7640 Matherly Drive, Wake Forest, NC 27587
1/2
New Construction

$1,750,000

4
Bedrooms
5,136
Square Feet
1.17
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5308 Mill Dam Road, Wake Forest, NC 27587
$715,000
4
4,256
219,106
$1,325,000
4
4,614
189,485
3,334
177,289
$457,000
6
4,409
122,403
$880,000
4
3,868
102,801
$536,000
4
3,692
64,033

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Realty

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.