Redfin is joining Rocket

Discover how we're simplifying your journey home.

$285,000

505 Elm Ave Wake Forest, NC 27587

3 beds
2 full, 1 partial
1,523 sqft
0.03 acres
$187 / sqft
Townhouse

Property details

About 505 Elm Ave

Welcome to this charming 3-bedroom, 2.5-bath end-unit townhome located in the heart of Wake Forest! The open concept first floor features a spacious kitchen and living area with easy to maintain laminate flooring, perfect for entertaining. Step outside to your private back patio and ideal for relaxing or outdoor dining. Upstairs, you'll find all three bedrooms, including the primary suite, as well as a convenient laundry room, all with plush carpet throughout. Enjoy living just minutes from major roads, shopping, dining, and downtown Wake Forest. A perfect blend of comfort, convenience, and location!

Highlights

Home typeTownhouse
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,523 sqft
Lot size0.03 Acres
Year built2004
MLS #10110802

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Flooring Type: Carpet, Laminate
  • Total Bedroom Count: 3
  • Architectural Style: Traditional
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $285,000
  • Price/SqFt: $187
  • HOA Amount: $161 Monthly
  • Annual Tax Amount: $2,726
  • Tax Year: 2024
  • Directions: From Downtown Raleigh take US 1 north and turn right onto Dr Calvin Jones Hwy, turn left onto S Franklin street at the second roundabout take the first exit onto Elm Ave and the house is on the left.
  • Year Built: 2004
  • Living Area: 1,523 SqFt
  • Lot Size: 0.03 Acres
  • MLS Number: 10110802
  • MLS Name: Doorify MLS
  • Office Name: Eaton Real Estate Services LLC
  • Office Phone: (919) 901-8700
  • Office Email: clay@eatonrealestateservices.com
  • Listing Agent: Jun Yan

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 3:40:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 11, 2005
Home Sold
$122,000

Tax history

YearAssessmentProperty Tax
2024$285,199$2,726
2023$155,589$1,827
2022$155,589$1,754
2021$155,589$1,723
2020$155,589$1,723
2019$131,729$1,567
2018$131,729$1,515

History based on county public records data.

Nearby schools

5

Wake Forest Elementary School

Public District PK-5

0.5 mi

136 W Sycamore Ave

7

Heritage Elementary School

Public District PK-5

2.0 mi

3500 Rogers Rd

6

Richland Creek Elementary School

Public District PK-5

2.2 mi

840 Wallridge Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,492. The most common annual income of people living in Wake Forest, NC is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

56%
<35k
28%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
32%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • SoccerSoccer
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • DillardsDillards
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • WingstopWingstop
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • HyundaiHyundai
  • NissanNissan
  • PontiacPontiac

What do the neighbors listen to?

  • RockRock
  • Christian Adult ContemporaryChristian Adult Contemporary
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 505 Elm Ave

The listing price of 505 Elm Ave property is $285,000.

The property 505 Elm Ave is a townhouse located in Wake Forest, North Carolina, 27587.

Active Listing: 505 Elm Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 Elm Ave are: Wake Forest Elementary School (GreatSchools Rating 5/10), Heritage Elementary School (GreatSchools Rating 7/10), Richland Creek Elementary School (GreatSchools Rating 6/10), Wake Forest Charter Academy (GreatSchools Rating 5/10), Envision Science Academy (GreatSchools Rating 9/10), Heritage Middle School (GreatSchools Rating 9/10), Wake Forest High School (GreatSchools Rating 7/10), Franklin Academy (GreatSchools Rating 9/10), North Wake College and Career Academy (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $2,726 (source: MLS/based on county public records data).

The last sale was on April 11, 2005 for $122,000 (source: MLS/tax record).

The property at 505 Elm Ave has 3 bedrooms and 2 full and 1 half bathrooms.

The property 505 Elm Ave is 1,523 SqFt (source: MLS/tax record).

The year of construction for 505 Elm Ave is 2004.

This home is located at 505 Elm Ave in Wake Forest, NC and zip code 27587 in the Avondale Townhomes neighborhood. This 1,523 square foot home, which was built in 2004, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $285,000.

While more than 17 listings in Wake Forest, NC in June 2025 were sold above asking price, there were more than 42 listings sold at asking price, and more than 59 were sold below. In June 2025 in Wake Forest, NC there were 1.7% less homes for sale than in May. Listings spent 41 days on the market in June 2025, and had a median list price of $521,125 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources