554 Derby Ln, Wake Forest, NC 27587 Property Records

Franklin County property record for 554 Derby Ln, Wake Forest, NC 27587

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,195 sqft · built 1995
Lot Size	1.25 acres (54,450 sqft)
Owner	2 Individual Names on Record
Last Sale	$335,000 (May 2023)
Tax Bill	$2,102 (2025)
Deeds & Mortgages	May 2023 Sale & Mortgage Nov 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`1851-29-8706`

Property Details

APN / Parcel Number

Primary APN	`1851-29-8706`
Alternative APNs	`C08B00 063` `1002883` `026994`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Plumbing Fixtures	9 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,195 sqft Total Area
Basement Area	1,195 sqft
Finished Basement	1,195 sqft
Flooring	Hardwood
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1995
Effective Year Built	Effective 1995
Architectural Style	Raised Ranch
Exterior Material	Aluminum/Vinyl
Foundation Type	No Foundation
Roof Type	Gable
Roof Material	Asphalt
Lot Area	54,450 sqft (1.25 acres)
Garage Type	Attached - Finished
Garage Area	308 sqft
Porch	Patio
Porch Area	245 sqft
Deck Area	224 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Heating Fuel	Electric
Sewer	Septic
Water Source	Well

Location & Zoning

Street Address	554 DERBY LN
City	WAKE FOREST
State	NC
Zip	27587-5502
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	FCO R-30
Legal Description	PRF 3 SL 90/207
Legal Subdivision	YOUNG FOREST III LOT
Legal Lot Number	63
Jurisdiction	FRANKLIN NC
Township / Civil Division	YOUNGSVILLE
Census Block Group	3
Census Block	3045
Census Tract	60502

Owner

Source: Franklin County records, as of November 11, 2025

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

Owner of Record	2 Individual Names on Record
Mailing Address	554 DERBY LN, WAKE FOREST, NC 27587-5502
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 23, 2023	Warranty Deed, Transfer · FHA Mortgage MOVEMENT MORTGAGE
Nov 23, 2022	Deed of Trust, Mortgage · Conventional Mortgage ROCKET MORTGAGE LLC
Sep 23, 2021	Deed of Trust, Mortgage · Conventional Mortgage ROCKET MORTGAGE LLC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 23, 2023 · Amount on Record
Deed Sale	May 23, 2023 · Amount on Record
Prior Sale	Feb 28, 2001 · Amount on Record
Deed Document Number	202310075549
Deed Book / Page	2334 / 2091
Prior Transfer Date	Jul 1, 2010
Prior Transfer Doc	0017790806
Record Updated	Jun 8, 2026

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FRANKLIN NC
Recording Date	May 23, 2023
Property Address	554 DERBY LN, WAKE FOREST, NC 27587-5502
Document Number	0023342091
Book / Page	2334 / 2091
Map Reference	FILE 3 SL 90-207
Instrument Date	May 16, 2023
Instrument	10075549
Transaction Type	Transfer
Record Updated	Jun 1, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$670.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	704 ROBERTS RD, NEWPORT, NC 28570-3793

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	554 DERBY LN, WAKE FOREST, NC 27587-5502

Mortgage

Document Number	0010075550
Date	May 23, 2023
Instrument	10075550

Lender

Name	MOVEMENT MORTGAGE
Type	Mortgage Company

Agreement

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

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FRANKLIN NC
Property Address	554 DERBY LN, WAKE FOREST, NC 27587-5502
Transaction Type	Mortgage
Record Updated	Nov 29, 2022
Title Company	AMROCK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0023200640
Date	Nov 23, 2022
Book Page	2320/640

Lender

Name	ROCKET MORTGAGE LLC
Type	Mortgage Company
Address	DETROIT, MI 48226

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2052

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FRANKLIN NC
Property Address	554 DERBY LN, WAKE FOREST, NC 27587-5502
Transaction Type	Mortgage
Record Updated	Oct 26, 2021
Title Company	PA AMROCK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0022711481
Date	Sep 23, 2021
Book Page	2271/1481

Lender

Name	ROCKET MORTGAGE LLC
Type	Mortgage Company
Address	DETROIT, MI 48226

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	301 Months
Due	Oct 1, 2046

Tax Assessment & Valuation

Source: Franklin County assessment roll, as of November 11, 2025

Property Jurisdictions

Type	Name
State	North Carolina
County	Franklin County
Unified School District	Franklin County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,102.00 (+42.99%)	$329,560 (+113.32%) Land $115,200 Building $214,360	$329,560 (+113.32%) Land $115,200 Building $214,360
2023	$1,470.00	$154,490 Land $40,250 Building $114,240	$154,490 Land $40,250 Building $114,240

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 18, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 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	0.02% annual chance
Exposure	Direct 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 System	FRANKLIN COUNTY WATER & SEWER serves 26,060 people · EPA ID NC0235030
Water Source	Purchased surface water from several systems
Last State Inspection	Sep 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Haloacetic acids currently in violation since Jul 2026 Total trihalomethanes resolved · Jul 2023
Treatment and Procedure	Lead service line inventory Oct 2024
Monitoring and Reporting	7 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 217 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: Brightspeed.

Nearby Properties on Derby Ln

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures