505 Walters Dr, Wake Forest, NC 27587 Property Records

Wake County property record for 505 Walters Dr, Wake Forest, NC 27587

Property Summary

Property TypeSingle Family Home
Details4 ba · 3,241 sqft · built 2008
Lot Size0.35 acres (15,246 sqft)
Owner2 Individual Names on Record
Last Sale$438,000 (Mar 2015)
Tax Bill$6,473 (2025)
Deeds & MortgagesMay 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN1840.12-95-8380 0338412

Property Details

APN / Parcel Number

Primary APN1840.12-95-8380 0338412
Alternative APN
  • 0338412

Interior

Full Baths4 Baths
Stories2 Stories
Building Area3,241 sqft Heated Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2008
Architectural StyleConventional
Exterior MaterialWood
Construction TypeFrame
Foundation TypeRaised
Lot Area15,246 sqft (0.35 acres)
Garage Area368 sqft
PorchPorch
Porch Area279 sqft
Deck Area182 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
SewerConnected

Location & Zoning

Account Number0338412
Street Address505 WALTERS DR
CityWAKE FOREST
StateNC
Zip27587-6178
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeGR5
Legal DescriptionLO2201 HERITAGE NORTH PH1 SE2 BM2005-02325
Legal Township19
Legal SubdivisionHERITAGE NORTH
Legal Phase1
Legal Lot Number2201
JurisdictionWAKE NC
Township / Civil DivisionWAKE FOREST
Census Block Group1
Census Block1011
Census Tract54219

Owner

Source: Wake County records, as of October 27, 2025

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

Owner of Record2 Individual Names on Record
Mailing Address505 WALTERS DR, WAKE FOREST, NC 27587-6178
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 19, 2015 · Amount on Record
Deed SaleMar 19, 2015 · Amount on Record
Prior SaleJul 30, 2009 · Amount on Record
Deed Document Number0159522493
Deed Book / Page15952 / 2493
Record UpdatedJun 8, 2026

May 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address505 WALTERS DR, WAKE FOREST, NC 27587-6178
Document Number178670505
Instrument DateMay 8, 2020
Transaction TypeMortgage
Record UpdatedMay 25, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address505 WALTERS DR WAKE FOREST NC 275876178, WAKE FOREST, NC 27587-6178

Mortgage

Document Number178670505
DateMay 14, 2020
Book Page017867/000505
Lender
NameQUICKEN LNS
TypeFunding / Finance Company
AddressDETROIT, MI 48226-1906
Agreement
TypeConventional with PMI
AmountAmount Recorded
Term240 Months
DueMay 13, 2040

Tax Assessment & Valuation

Source: Wake County assessment roll, as of January 1, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyWake County
MunicipalityWake Forest Town
Unified School DistrictWake County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$6,473.00 (+21.13%)$663,968 (+44.91%) Land $130,000 Building $533,968
2024$663,968 (+44.91%) Land $130,000 Building $533,968
2023$5,344.00$458,205 Land $85,000 Building $373,205$458,205 Land $85,000 Building $373,205

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

Flood

Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 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

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 350 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Ting
Fiber
2,000 / 2,000
Spectrum
Cable
1,000 / 1,000

May also be available: Brightspeed.

Nearby Properties on Walters Dr

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