Welcome to 509 Moultonboro Avenue in the desirable Sedgefield Park community of Wake Forest. This meticulously maintained 3-bedroom, 2-bath ranch 1/2 -style home is truly move-in ready. From the moment you arrive, you'll appreciate the pride of ownership, thoughtful care, and exceptional condition found throughout every inch of this beautiful home. Designed for comfortable everyday living, the spacious floor plan offers bright, inviting living spaces and quality finishes that make it easy to feel at home. Whether you're entertaining guests or enjoying a quiet evening in, this home is ready for its next chapter. One of the property's most exciting features is its incredible opportunity for expansion. An oversized unfinished space (600+) with existing plumbing already in place provides endless possibilities to customize the home to fit your lifestyle. Create a fourth bedroom, bonus room, home office, fitness studio, media room, or additional living space, the choice is yours. It's a rare opportunity to add significant square footage while building instant equity. Perfectly positioned in the heart of Wake Forest, you'll love being walkable to charming Downtown Wake Forest, Flaherty Park which includes dog park, pickleball courts, tennis courts etc., and the area's scenic greenways, while still enjoying easy access to Raleigh and everything the Triangle has to offer. It's the perfect blend of small-town charm and city convenience.
For sale
Price cut: $17.6K (8/6)
$422,400
509 Moultonboro Ave, Wake Forest, NC 27587
3beds
2,042sqft
Single Family Residence, Residential
Built in 2001
10,018 Square Feet Lot
$415,500 Zestimate®
$207/sqft
$19/mo HOA
What's special
Quality finishesMeticulously maintainedBright inviting living spacesSpacious floor plan
- 37 days |
- 482 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Caren Fried 919-964-0732,
Keller Williams Realty,
John Patrick Carver 919-667-8339,
Keller Williams Realty
Source: Doorify MLS,MLS#: 10178817
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump, None
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
- Laundry: Laundry Room, Main Level
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Master Downstairs, Soaking Tub, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
- Flooring: Carpet, Vinyl, Wood
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
- Finished area above ground: 2,042
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Faces Front
- Attached garage spaces: 2
Features
- Levels: One and One Half
- Stories: 2
- Patio & porch: Deck, Porch
- Exterior features: Rain Gutters
- Has view: Yes
Lot
- Size: 10,018 Square Feet
- Features: Back Yard
Details
- Parcel number: 185101177425000 0281047
- Zoning: GR3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- HardiPlank Type
- Roof: Shingle
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: None
- Water: Public
Community & HOA
Community
- Features: Other
- Subdivision: Sedgefield
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: None
- HOA fee: $226 annually
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $429,631
- Annual tax amount: $4,046
- Date on market: 7/9/2026
Estimated market value
$415,500
$395,000 - $436,000
$2,309/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $422,400-4%$207/sqft |
Source:  Doorify MLS #10178817 Report a problem | ||
| 7/9/2026 | Listed for sale | $440,000+141.1%$215/sqft |
Source: Doorify MLS #10178817 Report a problem | ||
| 10/31/2003 | Sold | $182,500+436.8%$89/sqft |
Source: Public Record Report a problem | ||
| 5/23/2001 | Sold | $34,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,046 +0.4% | $429,631 |
| 2024 | $4,031 +24.1% | $429,631 +54.7% |
| 2023 | $3,247 +4.2% | $277,705 |
| 2022 | $3,115 +1.8% | $277,705 |
| 2021 | $3,061 | $277,705 |
| 2020 | $3,061 +2.1% | $277,705 +15.7% |
| 2019 | $2,999 | $240,119 |
| 2018 | $2,999 +9.2% | $240,119 |
| 2017 | $2,745 +1.3% | $240,119 |
| 2016 | $2,711 -4.2% | $240,119 -3% |
| 2015 | $2,828 | $247,505 |
| 2014 | -- | $247,505 |
| 2013 | -- | $247,505 |
| 2012 | -- | $247,505 |
| 2011 | -- | $247,505 |
| 2010 | -- | $247,505 |
| 2009 | -- | $247,505 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 27587
Nearby schools
GreatSchools rating
- 8/10Richland Creek Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 3.7 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Wake - Richland Creek Elementary School
- Middle: Wake - Wake Forest Middle School
- High: Wake - Wake Forest High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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