The property at 716 Reserve Estates Dr, Wake Forest, NC 27587, built in 2014, is a 5,931 square foot Single Family and has 6 bedrooms and 3 bathrooms. It is situated on a lot that is 60,548 square feet and was last tax assessed in 2025 for a valuation of $1,185,983
The estimate for this property has experienced a 2.41% increase in the past 6 months reaching a value of $1,329,515.
- NC
- Wake Forest
- 716 Reserve Estates Dr
- Parcel Number1851.04-61-0547 0417505
- CountyWAKE
- Stories2
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $821,351 |
| 2022 | $821,351 |
| 2021 | $821,351 |
| 2020 | $821,351 |
| 2019 | $821,351 +5.63% |
| 2018 | $777,603 +8.39% |
| 2017 | $717,428 +5.41% |
| 2016 | $680,597 +7.17% |
| 2015 | $635,060 +370.41% |
| 2014 | $135,000 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $1,329,515 | - | - |
| Oct 2025 | $1,320,607 | - | - |
| Sep 2025 | $1,340,714 | - | - |
| Aug 2025 | $1,308,752 | - | - |
| Jul 2025 | $1,298,978 | - | - |
| Jun 2025 | $1,284,090 | - | - |
| May 2025 | $1,269,092 | - | - |
| Apr 2025 | $1,298,240 | - | - |
| Mar 2025 | $1,276,930 | - | - |
| Feb 2025 | $1,253,604 | - | - |
| Jan 2025 | $1,264,522 | - | - |
| Dec 2024 | $1,232,575 | - | - |
| Nov 2024 | $1,243,733 | - | - |
| Sep 2024 | $1,305,480 | - | - |
| Aug 2024 | $1,334,640 | - | - |
| Jul 2024 | $1,314,000 | - | - |
| Jun 2024 | $1,339,440 | - | - |
| May 2024 | $1,311,120 | - | - |
| Mar 2024 | $1,123,680 | - | - |
| Feb 2024 | $1,139,880 | - | - |
| Jan 2024 | $1,173,000 | - | - |
| Dec 2023 | $1,228,920 | - | - |
| Nov 2023 | $1,231,920 | - | - |
| Oct 2023 | $1,200,240 | - | - |
| Sep 2023 | $1,233,000 | - | - |
| Aug 2023 | $1,265,798 | - | - |
| Jul 2023 | $1,276,831 | - | - |
| Jun 2023 | $1,252,234 | - | - |
| May 2023 | $1,261,380 | - | - |
| Apr 2023 | $1,264,583 | - | - |
| Mar 2023 | $1,200,000 | - | - |
| Feb 2023 | $706,800 | - | - |
| Jan 2023 | $750,300 | - | - |
| Dec 2022 | $760,500 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 27587 - NC
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 77,767 | 44,131 | 1,150,454 | 335,858,263 |
| Population Density | 720 | 2,369 | 1,377 | 95 |
| People per Household | 2.8 | 2.8 | 2.6 | 2.6 |
| Median Age | 39.4 | 37.3 | 37.8 | 39.1 |
| Median Income | $96,988 | $86,205 | $84,483 | $66,222 |
| Average Income | $42,682 | $37,577 | $42,936 | $35,475 |
| Cost of Living Index | 114 | 112 | 102 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 28.87°F | 30.1°F | 30.1°F | 22.6°F |
| July Avg. High Temp | 88.47°F | 87.9°F | 87.9°F | 86.2°F |
| Annual Precipitation | 45.7" | 45.7" | 46.49" | 38" |
Click Zestimate price to view details on Zillow. Zestimate data is provided "as is" via the Zestimate API. © Zillow, Inc., 2006-2022. Use is subject to Terms of Use.
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