About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

508 Otway Rd, Wake Forest, NC 27587

$626,000

Last sold 05/15/2023 for $560K

4
bed
3
bath
2,397
Sqft ($234/Sqft)

House not for sale

About 508 Otway Rd

Property type House

Neighborhood

Year built 2008

HOA fee $24/month

Lot size 9,583 Sqft

Movoto estimate

Parking 2 garage spaces

Rental estimate

Property description

ONE LEVEL LIVING! Immaculately maintained custom built home with 3 downstairs bedrooms & a 4th bedroom/bonus room w/full bath on the 2nd floor. Beautifully manicured yard backs to wooded buffer in highly desirable Heritage. BRAND NEW ROOF installed after photos were taken! So many upgrades & updates. 2023 Roof. 2020 new Trane HVAC, new oven/range. 2019 new carpet, dishwasher, TREX deck and staircase, epoxy garage floor, kitchen tile, exterior painted & more. FLAT FENCED yard with peaceful wooded view. HUGE 1000+ sqft walk-in floored attic has tons of storage for easy downsizing & part could also be finished for additional living space. Perfect for multigenerational living! Front porch, screened back porch, deck & grilling patio. Fridge, washer/dryer/garage freezer convey.

Listed by

Listing Agent - Cal Bennett

Listing Office - Bennett Wells Realty, LTD

Source: Doorify MLS

MLS#2501288 • last updated 10 months ago

Movoto checked Doorify MLS for data 15 minutes ago

Overview
Cooling/AC	Central Air, Electric
Heating	Forced Air, Natural Gas, Zoned
Levels/Style	Two, Site Built, Transitional
Virtual Tour	N/A
MLS #	2501288
Type	Residential
Status	Closed
SubType	Single Family Residence
Living Area	2397
Lot Size (SqFt)	9583.2
Lot Size (Acres)	0.22
Property Tax	4003
Year Built	2008
HOA	Charleston Management
HOA Fee	Annually, 285

Interior
Total # of Bathrooms	3
# of Full Baths	3
Total # of Bedrooms	4
Basement	Crawl Space
Total # of Rooms	8
Laundry	Main Level
Flooring	Hardwood, Tile
Appliances	Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Interior Features	Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
Fireplace	Gas Log, Living Room
Window Features	Blinds

Exterior
Construction	Fiber Cement, Stone
Parking	Garage, Garage Door Opener
Exterior Features	Fenced Yard, Rain Gutters
Patio/Porch	Deck, Patio, Porch, Screened
Lot Features	Landscaped

Amenities / Utilities
Utilities	Cable Available
Sewer/Septic	Public Sewer
Water Source	Public
HOA Fee Includes	Storm Water Maintenance
HOA Amenities	Golf Course, Tennis Court(s), Trail(s)
Pool	Swimming Pool Com/Fee

Location
County	Wake
Community Features	Playground
Subdivision	Heritage
Elementary School	Wake - Heritage
Middle School	Wake - Heritage
High School	Wake - Heritage
Zoning	GR5
Directions	US1N/Capital Blvd. North From Raleigh, R On 1A At Wake Forest, R On Rogers Rd., L On Heritage Lake Rd., L On Heritage Hills Way, L On Otway.

$626K

Range: $513K-$738K

Last 30 days

Rental est.: $2,356/month

• Gross rent multiplier: 19.8

Lower your payment with the loan terms that fit you.

May 2023
MLS # 2501288
May 15, 2023 Sold
$560,000
Mar 26, 2023 Pending
—
Mar 23, 2023 Listed
$550,000
Mar 23, 2023 Listed
$550,000 (+54.5%)
May 2023
Public Records
May 15, 2023 Sold
$560,000 (+1.8%)
Nov 2018
Public Records
Nov 26, 2018 Sold
$356,000
Nov 2018
MLS # 2216585
Nov 26, 2018 Sold
$356,000
Oct 2, 2018 Contingent
—
Sep 27, 2018 Listed
$356,000
Sep 27, 2018 Listed
$356,000 (+1.1%)
Sep 2016
MLS # 2070817
Sep 14, 2016 Sold
$352,000
Aug 7, 2016 Contingent
—
Jun 2, 2016 Listed
$359,900 (-2.7%)
Jun 2, 2016 Listed
$369,900 (-4.9%)
Sep 2016
Public Records
Sep 8, 2016 Sold
$352,000 (-2.2%)
Jul 2008
Public Records
Jul 7, 2008 Sold
$389,000

Year Property taxes Tax assessment
2025
$4,923 -2.0%

$523,179
2024
$5,025 +20.4%

$523,179 +46.38%
2023
$4,173 +4.2%

$357,422
2022
$4,003 +1.8%

$357,422
2021
$3,934

$357,422
2020
$3,934 -11.7%

$357,422 +0.01%
2019
$4,454 +9.3%

$357,375
2017
$4,076 +1.3%

$357,375
2016
$4,024 +8.7%

$357,375
2015
$3,703

—

508 Otway Rd
$560K
Heritage
$614K -5% y/y
27587
$514K 0% y/y
Wake Forest
$514K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
512 Otway Rd, Wake Forest, NC 27587	$643,000	4/2	2,460	0.01
504 Otway Rd, Wake Forest, NC 27587	$599,000	—/3	2,141	0.02
516 Otway Rd, Wake Forest, NC 27587	$696,000	4/3	2,960	0.03
500 Otway Rd, Wake Forest, NC 27587	$645,000	3/3	2,473	0.03
505 Otway Rd, Wake Forest, NC 27587	$753,000	4/4	3,532	0.03
520 Otway Rd, Wake Forest, NC 27587	$751,000	5/3	3,582	0.04
501 Otway Rd, Wake Forest, NC 27587	$625,000	3/3	2,227	0.04
509 Otway Rd, Wake Forest, NC 27587	$736,000	4/3	3,345	0.04

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