5241 Mill Dam Rd, Wake Forest, NC 27587 Property Records

Wake County property record for 5241 Mill Dam Rd, Wake Forest, NC 27587

Property Summary

Property TypeSingle Family Home
Details3 ba · 3,392 sqft · built 1996
Lot Size1.44 acres (62,726 sqft)
Owner2 Individual Names on File
Last Sale$750,000 (Sep 2025)
Tax Bill$5,251 (2025)
Deeds & MortgagesSep 2022 Line of Credit
Sep 2025 Sale & Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN1861.03-12-7346-000

Property Details

APN / Parcel Number

Primary APN1861.03-12-7346-000
Alternative APNs
  • 1861.03-12-7346 0214388
  • 1861127346
  • 021438801
  • 0214388

Interior

Full Baths3 Baths
Total Rooms9 Rooms
Stories1 Story
Building Area3,392 sqft Living Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1996
Effective Year BuiltEffective 2001
Architectural StyleConventional
Construction TypeFrame
Foundation TypeNo Foundation
Roof TypeGable
Lot Area62,726 sqft (1.44 acres)
Garage Area650 sqft
PorchOpen Porch
Porch Area518 sqft
Deck Area330 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelWood

Location & Zoning

Account Number0214388
Street Address5241 MILL DAM RD
CityWAKE FOREST
StateNC
Zip27587-6366
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-30
Legal DescriptionLO9 MILLRACE SUB PH1 BM1994-1463
Legal SubdivisionMILLRACE SUB PH1
Legal Phase1
Legal Lot Number9
JurisdictionWAKE NC
Township / Civil DivisionWAKE FOREST
Census Block Group1
Census Block1009
Census Tract54221

Owner

5241 Mill Dam Rd is owned and occupied by two individuals who bought it in September 2025.

Source: Wake County records, as of September 30, 2025

Owner of Record2 Individual Names on File
Mailing Address5241 MILL DAM RD, WAKE FOREST, NC 27587-6366
OccupancyOwner Occupied
Owner TypeIndividual
VestingHusband and Wife

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Sep 26, 2022Deed of Trust, Mortgage · Line of Credit
SPRING EQ LLC
Sep 15, 2025Warranty Deed, Transfer · VA Mortgage
ATLANTIC BAY MORTGAGE GROUP LLC
Dec 28, 2017Quit Claim Deed, Mortgage · VA Mortgage
TOWNEBANK MTG

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 15, 2025 · Amount on File
Deed SaleSep 15, 2025 · Amount on File
Prior SaleJan 20, 2015 · Amount on File
Prior Transfer DateDec 19, 2017
Prior Transfer Doc170080301
Record UpdatedJun 8, 2026

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address5241 MILL DAM RD, WAKE FOREST, NC 27587-6366
Transaction TypeMortgage
Record UpdatedOct 6, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address5241 MILL DAM RD, WAKE FOREST, NC 27587-6366

Mortgage

Document Number19156/1761
DateSep 26, 2022
Book Page19156/1761
Lender
NameSPRING EQ LLC
TypeMortgage Company
AddressFLINT, MI 48501
Agreement
TypeLine of Credit
AmountAmount on Record
Term360 Months
DueSep 23, 2052
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

September 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionWAKE NC
Recording DateSep 15, 2025
Property Address5241 MILL DAM RD, WAKE FOREST, NC 27587-6366
Document Number20012/1300
Book / Page20012 / 1300
Map ReferenceMB 1995 PG 1500
Instrument DateSep 10, 2025
Transaction TypeTransfer
Record UpdatedOct 6, 2025

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,500.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5241 MILL DAM RD, WAKE FOREST, NC 27587-6366

Mortgage

Document Number0200121304
DateSep 15, 2025
Instrument20012/1304
Lender
NameATLANTIC BAY MORTGAGE GROUP LLC
TypeMortgage Company
Agreement
TypeVA Mortgage
AmountAmount on Record
Term361 Months
DueOct 1, 2055

December 2017: Quit Claim Deed, Mortgage

Document TypeQuit Claim Deed
JurisdictionWAKE NC
Recording DateDec 28, 2017
Property Address5241 MILL DAM RD, WAKE FOREST, NC 27587-6366
Document Number170080301
Book / Page017008 / 000301
Instrument DateDec 19, 2017
Transaction TypeMortgage
Record UpdatedJan 4, 2018
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address5241 MILL DAM RD WAKE FOREST NC 275876366, WAKE FOREST, NC 27587-6366

Mortgage

Document Number170080303
DateDec 28, 2017
Book Page017008/000303
Lender
NameTOWNEBANK MTG
TypeMortgage Company
AddressVIRGINIA BEACH, VA 23451
Agreement
TypeVA Mortgage
AmountAmount on Record
Term360 Months
DueDec 27, 2047

Tax Assessment & Valuation

The 2025 property tax bill for 5241 Mill Dam Rd was $5,251.

Source: Wake County assessment roll, as of September 9, 2025

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,251.00$817,921 Land $210,000 Building $607,921$817,921 (-) Land $210,000 Building $607,921
2024$817,921 (+78.18%) Land $210,000 Building $607,921
2023$3,599.00$459,051 Land $120,000 Building $339,051$459,051 Land $120,000 Building $339,051

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

Flood

FEMA maps place 5241 Mill Dam 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 ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 10 (0% premium discount)
Nearby Flood Policies6 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

Wildfire risk around 5241 Mill Dam Rd is low, with a 0.02% annual chance of 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 Likelihood0.02% annual chance
ExposureDirect
burnable vegetation

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMILL RACE
private · serves 122 people · EPA ID NC4392133
Water SourceGroundwater
Last State InspectionOct 2024
LeadUnder 1 ppb (2026–2028)
action level 15 ppb
Copper1.41 mg/L (2020–2022)
action level 1.3 mg/L

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 23 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable
1,000 / 35
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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