1031 Wait Ave, Wake Forest, NC 27587 Property Records

Wake County property record for 1031 Wait Ave, Wake Forest, NC 27587 · Last verified June 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bathrooms	3.5 Baths
Architecture Style	Conventional
Year Built	Built 1987
Square Footage	2,496 sqft Living Area
Lot Size	32,234 sqft (0.74 acres)
Last Sale	$460,000 (2025)
Tax Bill	$4,497.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`1850.01-09-2046-000`
Alternative APNs	`1850.01-09-2046 0162557` `1850092046` `016255701` `0162557`

Interior

Full Baths	3.5 Baths
Partial Baths	1 Partial Baths
Total Rooms	7 Rooms
Building Area	2,496 sqft Living Area
1st Floor	1,488 sqft 1st Floor
Stories	1 Stories
Fireplace	Fireplace
Fireplaces	1 Fireplaces

Exterior

Year Built	Built 1987
Effective Year Built	Effective 1987
Architectural Style	Conventional Style
Construction Type	Frame Construction
Foundation Type	No Foundation Foundation
Roof Construction	Gable Roof Construction
Lot Area	32,234 sqft (0.74 acres)

Exterior Amenities

Total Buildings	2 Total Buildings
Deck Area	570 sqft Deck
Porch	1 Porch
Porch Area	92 sqft Porch

Utilities and HVAC

Cooling System	Central Cooling
Heating System	Forced Air with Air Conditioning Heating
Heating Fuel	Gas Heating Fuel

Location & Zoning

Account Number	0162557
Street Address	1029 WAIT AVE
City	WAKE FOREST
State	NC
Zip	27587-7673
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	LO1-C-B PROP GALE & MYRA PARKER 85-2281
Legal Subdivision	GALE & MYRA PARK
Legal Lot Number	1
Jurisdiction	WAKE NC
Minor Civil Division	WAKE FOREST
Census Blockgroup	1
Census Block	1008
Census Tract	54224

Owner

Source: Wake County records · APN 1850.01-09-2046-000

Assessment roll updated September 9, 2025 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	1031 WAIT AVE, WAKE FOREST, NC 27587-7673
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Oct 03, 2025 · Amount on Record
Deed Sale	Oct 03, 2025 · Amount on Record
Deed Book / Page	20031 / 71
Record Refreshed	Sep 20, 2026

October 2025: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	WAKE NC
Recording Date	Oct 03, 2025
Property Address	1031 WAIT AVE, WAKE FOREST, NC 27587-7673
Document Number	0020031/71
Book / Page	20031 / 71
Map Reference	MB 1985 PG 2281
Instrument Date	Aug 26, 2025
Transaction Type	Construction Loan
Record Updated	Oct 20, 2025
Title Company	FIRST AMERICAN TITLE, FIRST AMERICAN MORTGAGE SLN

Transaction

Amount	Amount Recorded
Tax	$920.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2764 N ROOSEVELT BLVD # BLVD5068, BLVD5068, KEY WEST, FL 33045-7001

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1031 WAIT AVE, WAKE FOREST, NC 27587-7673

Mortgage

Document Number	0002003173
Date	Oct 03, 2025
Instrument	20031/73

Lender

Name	CMG MORTGAGE INC
Type	Mortgage Company

Agreement

Type	Building or Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Oct 03, 2026

Interest

Rate Type	Adjustable Rate
Rate	8.25%
Type Change Date	Dec 01, 2025
Change Frequency	6 Months
Min Rate At Change	4.75%
Max Rate At Change	17.2%
Index	Prime Rate
Margin	1
Max Rate	17.2%

Tax Assessment & Valuation

Source: Wake County records · Assessment roll updated September 9, 2025 · Last verified June 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Wake County
Municipality	Wake Forest Town
Unified School District	Wake County Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,497.00 (+21.57%)	$462,746 (+46.95%) Land $110,000 Building $352,746	$462,746 (-) Land $110,000 Building $352,746
2024			$462,746 (+46.95%) Land $110,000 Building $352,746
2023	$3,699.00	$314,904 Land $68,000 Building $246,904	$314,904 Land $68,000 Building $246,904

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Wake County (37183C), updated September 7, 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Flood Hazard	Minimal
500-Year Floodplain	No
Special Flood Hazard Area	No

Wildfire

Wildfire Risk	Low above 20% of the US · above 24% of North Carolina
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values are read at the parcel center point; lenders make the official flood determination.