15 days on rocket

5301 Mill Dam Rd, Wake Forest, NC, 27587

$910,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,868 SqFt
$235/SqFt
House
Schools Nearby

Location

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5301 Mill Dam Rd, Wake Forest$910,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1997
HeatingForced Air, Gas Pack, Heat Pump
CoolingCentral Air, Dual, Gas Pack, Heat Pump
FireplaceFamily Room, Gas Log, Masonry, Wood Burning
MLS #10029819
Lot Size2.36 Acres
StatusActive

About 5301 Mill Dam Rd

Experience the beauty and tranquility of Wake Forest's coveted Millrace community with this custom home nestled on a private sprawling 2.36 acre lot. The home features a first floor Owner's suite with a luxurious bath and WIC. The exquisitely remodeled large kitchen has double wall ovens, peninsula bar and a custom island. The family room welcomes relaxation & social gatherings with a stone masonry fireplace, built-in cabinets & wet bar. Upstairs you'll find 3 spacious bedrooms, 2 bathrooms, office and bonus room. The floorplan flows seamlessly to an outdoor sanctuary offering a covered porch, brick patio and built-in grill for entertaining. 2 Car Garage with epoxy floor. Renovations: Roof 2018. Hvac 2019, 2021. Staircase, Bathrooms, Carpet 2021. Hardwood floors, Kitchen, Crawlspace Encapsulation, Windows 2023. Come witness this home set in a picturesque landscape that harmoniously blends with the four spring-fed lakes & cascading waterfall of Millrace.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 1997
  • Living Area: 3,868 SqFt

Listing Office:

  • Office Name: Mark Spain Real Estate
  • Office Phone: (770) 886-9000
  • Listing Agent: Rhonda Kosor

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Oven
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Bookcases, Granite Counters, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Wet Bar
  • Fireplace: Family Room, Gas Log, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Trees, Landscaped, Wooded
  • Lot Size: 2.36 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Gas Pack, Heat Pump
  • Cooling: Central Air, Dual, Gas Pack, Heat Pump

School Info

Assigned Schools Information:

  • Wake Forest High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Wake Forest Middle School, Public District Grades 6-8
  • Sanford Creek Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Wake Forest take Hwy 98 east, Left on Averette Rd. In 1 mile turn right onto Mill Dam Rd. House on left. Or take 401N exit off 540. In 7 miles turn left on Rolesville Rd exit becomes E Young St becomes Averette Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $910,000
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $397
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,482
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wake Forest, NC.

Med. Sold Price

$543.7K

Med. Price/SqFt

$211

Avg. Days On Market

36

# of Sold Homes

134

5301 Mill Dam Rd vs Wake Forest

15 DAYS ON ROCKET

-21 Days

$910,000

+$366.2K More

$235/SqFt

+$24 More

KEY TAKEAWAY

This property is $366.2K more than the Median Sold Price and $24/SqFt more than other homes in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10029819

Listing Office:

  • Office Name: Mark Spain Real Estate
  • Office Phone: (770) 886-9000
  • Listing Agent: Rhonda Kosor

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2018Home Sold
$485,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,482$492,664
2020$3,424$492,664
2019$3,170$419,852
2018$3,005$419,852

History based on county public records data.

Payment Calculator

$4,642

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,795

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6155155
5
/10
  • Sanford Creek Elementary School

  • 701 Granite Falls Blvd

  • 3.76 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6155156
3
/10
  • Wake Forest Middle School

  • 1800 S Main St

  • 4.81 miles

  • Public District Grades 6-8

High School

school-card-donut-6155157
7
/10
  • Wake Forest High School

  • 420 Stadium Dr

  • 3.71 miles

  • Public District Grades 9-12

school-card-donut-6155158
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 15.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,603. The most common annual income of people living in Wake Forest, NC is between $35k-100k. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5301 Mill Dam Rd

What is the listing price of this property?

The listing price of 5301 Mill Dam Rd property is $910,000.

What type of property is this?

The property 5301 Mill Dam Rd is a house located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 5301 Mill Dam Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5301 Mill Dam Rd are:
Sanford Creek Elementary School: GreatSchools Rating 5/10
Wake Forest Middle School: GreatSchools Rating 3/10
Wake Forest High School: GreatSchools Rating 7/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,482 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 18, 2018 for $485,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5301 Mill Dam Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5301 Mill Dam Rd is 3,868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5301 Mill Dam Rd is 1997.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›5301 Mill Dam Rd

This home is located at 5301 Mill Dam Rd in Wake Forest, NC and zip code 27587 in the Millrace neighborhood. This 3,868 square foot home, which was built in 1997, sits on a 2.36 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $910,000.

While more than 29 listings in Wake Forest, NC in April 2024 were sold above asking price, there were more than 49 listings sold at asking price, and more than 56 were sold below. The number of homes for sale in Wake Forest, NC increased by 1.3% between March 2024 and April 2024. In April 2024 median list price was $543,758 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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