508 Otway Rd, Wake Forest, NC 27587 Property Records

Wake County property record for 508 Otway Rd, Wake Forest, NC 27587

Property Summary

Property Type	Single Family Home
Details	3 ba · 2,351 sqft · built 2008
Lot Size	0.219 acres (9,583 sqft)
Owner	Individual Name on Record
Last Sale	$560,000 (May 2023)
Tax Bill	$5,043 (2025)
Deeds & Mortgages	May 2023 Sale & Mortgage Nov 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`1840.11-75-4213 0366809`

Property Details

APN / Parcel Number

Primary APN	`1840.11-75-4213 0366809`
Alternative APN	`0366809`

Interior

Full Baths	3 Baths
Stories	1 Story
Building Area	2,351 sqft Heated Area
Attic Area	276 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2008
Architectural Style	Conventional
Exterior Material	Wood
Construction Type	Frame
Foundation Type	Raised
Lot Area	9,583 sqft (0.219 acres)
Garage Area	462 sqft
Porch	Porch
Porch Area	289 sqft
Deck Area	135 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	0366809
Street Address	508 OTWAY RD
City	WAKE FOREST
State	NC
Zip	27587-8364
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	GR5
Legal Description	LO2344 HERITAGE NORTH AT HERITAGE WAKE FOREST PH2 SE4 BM2008-00107
Legal Township	19
Legal Subdivision	HERITAGE NORTH AT HERITAGE WAK
Legal Phase	2
Legal Lot Number	2344
Jurisdiction	WAKE NC
Township / Civil Division	WAKE FOREST
Census Block Group	1
Census Block	1013
Census Tract	54219

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 Record	Individual Name on Record
Co-owner	Co-owner on Record
Mailing Address	508 OTWAY RD, WAKE FOREST, NC 27587-8364
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 15, 2023	Warranty Deed, Transfer · Conventional Mortgage HIGHLANDS RESIDENTIAL MORTGAGE LTD
Nov 26, 2018	Warranty Deed, Transfer · Conventional Mortgage BRANCH BK&TR

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 15, 2023 · Amount on Record
Deed Sale	May 15, 2023 · Amount on Record
Prior Sale	Nov 26, 2018 · Amount on Record
Deed Document Number	0019334316
Deed Book / Page	19334 / 316
Record Updated	Jun 8, 2026

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WAKE NC
Recording Date	May 15, 2023
Property Address	508 OTWAY RD, WAKE FOREST, NC 27587-8364
Document Number	019334/316
Book / Page	19334 / 316
Map Reference	MB 2008 PG 107
Instrument Date	May 1, 2023
Transaction Type	Transfer
Record Updated	May 29, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,120.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	10 CHANNEL AVENUE, TORONTO XX

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	508 OTWAY RD, WAKE FOREST, NC 27587-8364

Mortgage

Document Number	0019334319
Date	May 15, 2023
Instrument	19334/319

Lender

Name	HIGHLANDS RESIDENTIAL MORTGAGE LTD
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jun 1, 2053

November 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	WAKE NC
Recording Date	Nov 26, 2018
Property Address	508 OTWAY RD, WAKE FOREST, NC 27587-8364
Document Number	173010466
Book / Page	017301 / 000466
Instrument Date	Nov 26, 2018
Transaction Type	Transfer
Record Updated	Dec 7, 2018
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$712.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	508 OTWAY RD WAKE FOREST NC 275878364, WAKE FOREST, NC 27587-8364

Mortgage

Document Number	173010468
Date	Nov 26, 2018
Book Page	017301/000468

Lender

Name	BRANCH BK&TR
Type	Bank
Address	WILSON, NC 27893

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Nov 25, 2048

Tax Assessment & Valuation

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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,043.00 (+20.85%)	$523,179 (+46.38%) Land $130,000 Building $393,179
2024			$523,179 (+46.38%) Land $130,000 Building $393,179
2023	$4,173.00	$357,422 Land $65,000 Building $292,422	$357,422 Land $65,000 Building $292,422

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 Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 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 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.

Internet Providers

Source: FCC Broadband Data Collection, based on 186 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Ting Fiber	2,000 / 2,000
Spectrum Cable · Fiber in parts of the area	1,000 / 35
Verizon Fixed Wireless	300 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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