Wake County property record for 331 S Franklin St, Wake Forest, NC 27587
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 35,916 sqft · built 2001 |
| Lot Size | 3.5 acres (152,460 sqft) |
| Owner | Company Name on File |
| Last Sale | $4,100,000 (Sep 2023) |
| Tax Bill | $19,279 (2025) |
| Deeds & Mortgages | Sep 2023 Sale |
| Flood Zone | Zone X (minimal risk) |
| APN | 1840.07-69-0394-000 |
| Primary APN | 1840.07-69-0394-000 |
|---|---|
| Alternative APNs |
|
| Plumbing Fixtures | 30 Plumbing Fixtures |
|---|---|
| Total Rooms | 80 Rooms |
| Units | 10 Units |
| Stories | 2 Stories |
| Building Area | 35,916 sqft Living Area |
| 1st Floor Area | 1,190 sqft |
| Year Built | Built 2001 |
|---|---|
| Effective Year Built | Effective 2001 |
| Architectural Style | Conventional |
| Exterior Material | Aluminum/Vinyl |
| Construction Type | Wood |
| Foundation Type | No Foundation |
| Roof Type | Gable |
| Lot Area | 152,460 sqft (3.5 acres) |
| Porch | Porch |
| Porch Area | 462 sqft |
| Total Buildings | 4 Buildings |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Heating Fuel | Gas |
| Sewer | Connected |
| Account Number | 0257172 |
|---|---|
| Street Address | 331 S FRANKLIN ST |
| City | WAKE FOREST |
| State | NC |
| Zip | 27587-2659 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | UMX |
| Legal Description | CREEKSIDE HOUSING LLC BM1999-01766 |
| Legal Subdivision | CREEKSIDE HOUSING LLC |
| Jurisdiction | WAKE NC |
| Township / Civil Division | WAKE FOREST |
| Census Block Group | 3 |
| Census Block | 3007 |
| Census Tract | 54224 |
331 S Franklin St, a residential property, is owned by a company that bought it in September 2023.
Source: Wake County records, as of September 9, 2025
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 1423, STOWE, VT 05672-1423 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Sep 15, 2023 · Amount on File |
| Deed Sale | Sep 15, 2023 · Amount on File |
| Prior Sale | Sep 24, 1999 · Amount on File |
| Prior Transfer Date | Sep 14, 2023 |
| Prior Transfer Doc | 019434/237 |
| Record Updated | Jun 8, 2026 |
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | WAKE NC |
| Recording Date | Sep 15, 2023 |
| Property Address | 331 S FRANKLIN ST, WAKE FOREST, NC 27587-2659 |
| Document Number | 019434/237 |
| Book / Page | 19434 / 237 |
| Map Reference | MB 2000 PG 1619 |
| Instrument Date | Sep 14, 2023 |
| Transaction Type | Transfer |
| Record Updated | Sep 25, 2023 |
| Amount | Amount on Record |
|---|---|
| Tax | $8,200.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 5614 RIVERDALE DR, JAMESTOWN, NC 27282-9113 |
| Name | Verified Name |
|---|---|
| Address | 673 S MAIN ST, STOWE, VT 05672-4595 |
The 2025 property tax bill for 331 S Franklin St was $19,279.
Source: Wake County assessment roll, as of September 9, 2025
| Type | Name |
|---|---|
| State | North Carolina |
| County | Wake County |
| Municipality | Wake Forest Town |
| Unified School District | Wake County Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $19,279.00 | $1,750,870 Land $1,710,000 Building $40,870 | $1,750,870 (-) Land $1,710,000 Building $40,870 |
| 2024 | $1,750,870 (+27.84%) Land $1,710,000 Building $40,870 | ||
| 2023 | $16,573.00 | $1,369,535 Land $760,000 Building $609,535 | $1,369,535 Land $760,000 Building $609,535 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
FEMA maps place 331 S Franklin St in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 100 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 6 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 331 S Franklin St is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 76% of North Carolina |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 324 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Ting Fiber | 2,000 / 2,000 |
| Spectrum Cable | 1,000 / 1,000 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: Brightspeed.
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