Wake County property record for 516 Otway Rd, Wake Forest, NC 27587
| Property Type | Single Family Home |
|---|---|
| Details | 3.5 ba · 2,960 sqft · built 2012 |
| Lot Size | 0.29 acres (12,632 sqft) |
| Owner | Individual Name on File |
| Last Sale | $347,500 (Mar 2012) |
| Tax Bill | $5,915 (2025) |
| Deeds & Mortgages | Sep 2019 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 1840.11-75-4058-000 |
| Primary APN | 1840.11-75-4058-000 |
|---|---|
| Alternative APNs |
|
| Full Baths | 3.5 Baths |
|---|---|
| Half Baths | 1 Half Bath |
| Stories | 2 Stories |
| Building Area | 2,960 sqft Living Area |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 2012 |
|---|---|
| Effective Year Built | Effective 2012 |
| Architectural Style | Conventional |
| Construction Type | Frame |
| Foundation Type | Raised |
| Lot Area | 12,632 sqft (0.29 acres) |
| Garage Area | 84 sqft |
| Porch | Slab |
| Porch Area | 340 sqft |
| Patio Area | 121 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Forced Air with A/C |
| Account Number | 0366807 |
|---|---|
| Street Address | 516 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 | LO2342 HERITAGE NORTH AT HERITAGE WAKE F |
| Legal Subdivision | HERITAGE NORTH |
| Legal Phase | 2 |
| Legal Lot Number | 2342 |
| Jurisdiction | WAKE NC |
| Township / Civil Division | WAKE FOREST |
| Census Block Group | 1 |
| Census Block | 1013 |
| Census Tract | 54219 |
516 Otway Rd is owned and occupied by an individual who bought it in March 2012.
Source: Wake County records, as of April 28, 2026
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 516 OTWAY RD, WAKE FOREST, NC 27587-8364 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
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 | Mar 5, 2012 · Amount on File |
| Deed Sale | Mar 5, 2012 · Amount on File |
| Prior Sale | Jun 15, 2011 · Amount on File |
| Deed Book / Page | 14675 / 2570 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | WAKE NC |
| Property Address | 516 OTWAY RD, WAKE FOREST, NC 27587-8364 |
| Document Number | 175690254 |
| Instrument Date | Sep 4, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Sep 18, 2019 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Address | 516 OTWAY RD WAKE FOREST NC 275878364, WAKE FOREST, NC 27587-8364 |
| Document Number | 175690254 |
|---|---|
| Date | Sep 9, 2019 |
| Book Page | 017569/000254 |
| Name | COASTAL FED'L FIN'L |
|---|---|
| Type | Funding / Finance Company |
| Address | RALEIGH, NC 27609 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 240 Months |
| Due | Sep 8, 2039 |
| Rate Type | Adjustable Rate |
|---|
The 2025 property tax bill for 516 Otway Rd was $5,915.
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 | $5,915.00 | $616,157 Land $130,000 Building $486,157 | $616,157 (-) Land $130,000 Building $486,157 |
| 2024 | $616,157 (+50.88%) Land $130,000 Building $486,157 | ||
| 2023 | $4,765.00 | $408,366 Land $65,000 Building $343,366 | $408,366 Land $65,000 Building $343,366 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 516 Otway Rd in Zone X, an area of minimal flood risk, within 500 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 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 risk around 516 Otway Rd 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 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 |
5G (outdoors only) and 4G LTE
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