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Sold on 09/20/2018
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1617 Penstock Ln, Wake Forest, NC 27587

$533,000

Last sold 09/20/2018 for $311K

  • —

    bed

  • —

    bath

  • 2,753

    Sqft ($113/Sqft)

House not for sale
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About 1617 Penstock Ln

Property type House
Year built 2018
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
This single-family home is located at 1617 Penstock Ln, Wake Forest, NC, 27587 in Wake County and was built in 2018. This home offers 2,753 square feet of living space on a 6,534 sq ft lot. The estimated market value is $533,000, approximately $194 per square foot.
$533K
Range: $463K-$602K
Last 30 days 
Rental est.: $1,066/month
Gross rent multiplier: 24.3
  • — Off Market
    —
  • Sep 2018
    Public Records
  • Sep 20, 2018 Sold
    $311,000
  • Year Property taxes Tax assessment
  • 2025
    $4,693 -2.1%
    $498,623
  • 2024
    $4,796 +26.9%
    $498,623 +54.19%
  • 2023
    $3,778 +4.2%
    $323,392
  • 2022
    $3,624 +1.8%
    $323,392
  • 2021
    $3,561
    $323,392
  • 2020
    $3,561 +8.9%
    $323,392 +23.42%
  • 2019
    $3,271
    $262,033
  • 1617 Penstock Ln
    $311K
  • —
  • 27587
    $515K 0% y/y
  • Wake Forest
    $515K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1621 Penstock Ln, Wake Forest, NC 27587 $618,000 —/— 3,502 0.01
1609 Penstock Ln, Wake Forest, NC 27587 $523,000 —/— 2,601 0.02
1625 Penstock Ln, Wake Forest, NC 27587 $537,000 4/4 3,097 0.02
1620 Penstock Ln, Wake Forest, NC 27587 $544,000 —/— 2,839 0.03
317 Headrace Mill St, Wake Forest, NC 27587 $506,000 —/— 2,753 0.03
1624 Penstock Ln, Wake Forest, NC 27587 $577,000 —/— 3,091 0.03
1616 Penstock Ln, Wake Forest, NC 27587 $557,000 —/— 2,816 0.03
1628 Penstock Ln, Wake Forest, NC 27587 $547,000 —/— 2,854 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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7/10
Forest Pines Elementary
public Grades PK, K-5
Wake County School District
3/10
Wake Forest Middle School
public Grades 6-8
Wake County School District
8/10
Wake Forest High School
public Grades 9-12
Wake County School District
Source: GreatSchools.org © 2026. All rights reserved.

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