7424 Matherly Dr, Wake Forest, NC 27587 Property Records

Wake County property record for 7424 Matherly Dr, Wake Forest, NC 27587

Property Summary

Property Type	Single Family Home
Details	2 ba · 1,634 sqft · built 1989
Lot Size	0.92 acres (40,075 sqft)
Owner	2 Trust Names on File
Last Sale	$124,000 (Oct 1990)
Tax Bill	$2,433 (2025)
Deeds & Mortgages	May 2023 Transfer Apr 2017 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`1831.11-57-2133-000`

Property Details

APN / Parcel Number

Primary APN	`1831.11-57-2133-000`
Alternative APNs	`1831.11-57-2133 0154209` `1831572133` `015420901` `0154209`

Interior

Full Baths	2 Baths
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,634 sqft Living Area
1st Floor Area	1,634 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1989
Effective Year Built	Effective 1995
Architectural Style	Conventional
Construction Type	Frame
Foundation Type	No Foundation
Roof Type	Gable
Lot Area	40,075 sqft (0.92 acres)
Porch	Screened Porch
Porch Area	154 sqft
Deck Area	130 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Account Number	0154209
Street Address	7424 MATHERLY DR
City	WAKE FOREST
State	NC
Zip	27587-9013
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-40W
Legal Description	LO21 MATHERLY SUB BM1986-00728
Legal Subdivision	MATHERLY SUB
Legal Lot Number	21
Jurisdiction	WAKE NC
Township / Civil Division	WAKE FOREST
Census Block Group	1
Census Block	1000
Census Tract	54203

Owner

7424 Matherly Dr is owner-occupied and held in a trust since May 2023.

Source: Wake County records, as of September 9, 2025

Owner of Record	2 Trust Names on File
Mailing Address	7424 MATHERLY DR, WAKE FOREST, NC 27587-9013
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust, Living Trust

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

Date	Document
May 9, 2023	Intrafamily Transfer, Transfer
Apr 24, 2017	Deed of Trust, Mortgage · Line of Credit COASTAL FCU

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 15, 1990 · Amount on File
Deed Sale	Oct 15, 1990 · Amount on File
Deed Book / Page	4794 / 845
Last Transfer Date	May 9, 2023
Transfer Doc	019330/853
Record Updated	Jun 8, 2026

May 2023: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	WAKE NC
Recording Date	May 9, 2023
Property Address	7424 MATHERLY DR, WAKE FOREST, NC 27587-9013
Document Number	019330/853
Book / Page	19330 / 853
Map Reference	MB 1986 PG 728
Instrument Date	May 9, 2023
Transaction Type	Transfer
Record Updated	May 24, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7424 MATHERLY DR, WAKE FOREST, NC 27587-9013

April 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WAKE NC
Property Address	7424 MATHERLY DR, WAKE FOREST, NC 27587-9013
Document Number	167710313
Book / Page	016771 / 000313
Instrument Date	Apr 24, 2017
Transaction Type	Mortgage
Record Updated	May 11, 2017

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	7424 MATHERLY DR WAKE FOREST NC 275879013, WAKE FOREST, NC 27587-9013

Mortgage

Document Number	167710313
Date	May 3, 2017
Book Page	016771/000313

Lender

Name	COASTAL FCU
Type	Credit Union
Address	RALEIGH, NC 27609

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	May 2, 2037

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 7424 Matherly Dr was $2,433.

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

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,433.00	$377,325 Land $110,000 Building $267,325	$377,325 Land $110,000 Building $267,325
2023	$1,949.00	$247,497 Land $73,000 Building $174,497	$247,497 Land $73,000 Building $174,497

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

Flood

FEMA maps place 7424 Matherly Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1996.

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
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 10 (0% premium discount)
Nearby Flood Policies	4 in force
Nearby Flood Claims	1 (1996)
Most Recent Claim	Sep 1996 · Hurricane Fran

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 7424 Matherly Dr 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	Indirect within ember reach
Adjoins Burnable Land	Yes

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	MATHERLY S/D private · serves 353 people · EPA ID NC0392379
Water Source	Groundwater
Last State Inspection	Jul 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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 101 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 / 35
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

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