Welcome to 7621 Matherly Drive—a spacious and beautifully situated Wake Forest home offering approximately 3,062 square feet of living space on a private 1.47 acre lot with NO city taxes and NO HOA Dues.
From the moment you arrive, you’ll appreciate the generous homesite and peaceful setting. Inside, the home’s spacious floor plan offers plenty of room for comfortable everyday living, entertaining, and gathering with family and friends. The screened in back porch and large yard is the perfect area for soaking up the sights and sounds of nature this wonderful home has to offer.
One of the home’s biggest advantages is the peace of mind that comes with several important recent improvements. The roof was replaced in 2020, the upstairs HVAC system was replaced in 2024, and the water heater was recently replaced. The downstairs HVAC system is original and has been well maintained.
In addition, the home offers extensive custom workworking and cabinets with inlaid hardwoods floors in the living room and dining room along with arched openings in common areas for added appeal.
The expansive lot provides something increasingly difficult to find—space and privacy while still being conveniently located in Wake Forest.
With its combination of over 3,000 square feet, 1.47 acres, a desirable Wake Forest location, and significant recent system updates, 7621 Matherly Drive offers an exceptional opportunity for buyers looking for a home with both space and long-term value.
Property Highlights:
No HOA
No City taxes
Approximately 3,062 sq. ft.
1.47 acre lot
Spacious floor plan
Roof replaced 2020
Upstairs HVAC replaced 2024
Downstairs HVAC well maintained
Recently replaced water heater
Private, established setting
Desirable Wake Forest location
Excellent combination of living space and acreage
A rare opportunity to enjoy the space and privacy of a large Wake Forest homesite without giving up convenience. Our prime location is an added bonus. You cannot miss out on the curb appeal and charm this well maintained transitional home will offer. Come see what makes 7621 Matherly Drive special by appointment or the open house 9/5 and 9/6.
For sale by owner
$779,000
7621 Matherly Dr, Wake Forest, NC 27587
4beds
3,062sqft
SingleFamily
Built in 2004
1.47 Acres Lot
$-- Zestimate®
$254/sqft
$-- HOA
What's special
Private established settingCurb appeal and charmLarge yardScreened in back porchSpacious floor plan
What the owner loves about this home
As original owners, we have loved our home for 20+ years. It's a wonderful home for friends and family to gather with plenty of flex space for your needs. The oversized screened in back porch is very peaceful in a natural setting with mature trees. The lot is 1.47 acres with mature trees close to shopping, entertainment, schools, community parks and much more.
- 16 days
- 1,064
- 74
Listed by:
Property Owner (919) 757-3536
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas, Propane / Butane
Cooling
- Central
Appliances
- Included: Dishwasher, Microwave, Range / Oven
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,062 sqft
Property
Parking
- Parking features: Garage
Features
- Exterior features: Other
Lot
- Size: 1.47 Acres
Details
- Parcel number: 1831590412
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Condition
- New construction: No
- Year built: 2004
Community & HOA
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $741,279
- Annual tax amount: $4,761
- Date on market: 8/24/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,170/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Listed for sale | $779,000+81.6%$254/sqft |
Source: Owner Report a problem | ||
| 8/13/2010 | Listing removed | $429,000$140/sqft |
Source: Carolina's Choice Real Estate #1708667 Report a problem | ||
| 2/20/2010 | Price change | $429,000-2.3%$140/sqft |
Source: Carolina's Choice Real Estate #1708667 Report a problem | ||
| 10/16/2009 | Price change | $439,000-2.4%$143/sqft |
Source: Carolina's Choice Real Estate #1679766 Report a problem | ||
| 8/16/2009 | Listed for sale | $449,900+40.6%$147/sqft |
Source: Carolina's Choice Real Estate #1679766 Report a problem | ||
| 7/9/2004 | Sold | $320,000+326.7%$105/sqft |
Source: Public Record Report a problem | ||
| 12/22/2003 | Sold | $75,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,761 +3% | $741,279 |
| 2024 | $4,623 +36.4% | $741,279 +71.5% |
| 2023 | $3,390 +7.9% | $432,180 |
| 2022 | $3,141 +2.8% | $432,180 |
| 2021 | $3,057 +1.7% | $432,180 |
| 2020 | $3,006 -17.6% | $432,180 -2.8% |
| 2019 | $3,650 | $444,491 |
| 2018 | $3,650 +14.8% | $444,491 |
| 2017 | $3,180 +2.1% | $444,491 |
| 2016 | $3,116 -6.9% | $444,491 -7.2% |
| 2015 | $3,348 +5.5% | $479,232 |
| 2014 | $3,173 | $479,232 |
| 2013 | -- | $479,232 |
| 2012 | -- | $479,232 |
| 2011 | -- | $479,232 |
| 2010 | -- | $479,232 |
| 2009 | -- | $479,232 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27587
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - N.Forest Pines
- Middle: Wake - Wake Forest Rolesville
- High: Wake - Wakefield
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





