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Single Family ResidenceResidential
$121,857$203 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 69How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $35,000 on Dec 21, 2005

4940 UNIVERSAL DR

WAKE FOREST, NC 27587
1
Baths
600 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.51 ac
Lot SizeThe size of the land the home sits on, from county records.
1947
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$122K
$85K low$159K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$35,000 · Dec 21, 2005

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$261 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$37,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$37,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$37,700

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.20
43
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.0.2 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWAKE
Lot (acres)The size of the land the home sits on, from county records.0.51
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 300 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Rolesville Middle SchoolB
Middle · Grades 6–8 · 1.8 mi
H
Rolesville High SchoolD+
High · Grades 9–12 · 2.6 mi
E
Sanford Creek Elementary SchoolB+
Elementary · Grades PK–5 · 3.0 mi

District: Wake County Public Schools

Neighborhood · ZIP 27587These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.64
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.77
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.35%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.91,264
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.814 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$123,637
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$143,750
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

4940 Universal Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in Wake Forest 27587
  • Costs less per square foot than 67% of homes in Wake County
  • Among the smallest homes in Wake Forest 27587
  • Has a bigger lot than 79% of homes in Wake County
  • Older than 98% of homes in Wake Forest 27587

What homes are worth in Wake Forest 27587

Each bar is how many homes fall in that price range. The marker is this home.

This home
$234K$1.4M

This home is worth less than almost all homes in Wake Forest 27587.

How it measures up in Wake Forest 27587

The dot is this home. The mark in the middle is the typical home in Wake Forest 27587.

Estimated value$121,857
CheaperTypical $521,378Pricier

Cheaper than almost all homes nearby

Price per ft²$203
CheaperTypical $212Pricier

Pricier than 41% of homes nearby

Living area600 ft²
SmallerTypical 2,458 ft²Bigger

Smaller than almost all homes nearby

Lot size0.51 ac
SmallerTypical 0.31 acBigger

Bigger than 63% of homes nearby

Year built1947
OlderTypical 2006Newer

Newer than 2% of homes nearby

How 4940 Universal Dr ranks against every home in each area.
MeasureThis homeWake Forest 27587Wake County
Estimated valuepricier than$121,857almost no homesalmost no homes
Price per ft²pricier than$20341% of homes33% of homes
Living areabigger than600 ft²almost no homesalmost no homes
Lot sizebigger than0.51 ac63% of homes79% of homes
Year builtnewer than19472% of homes3% of homes

About 4940 Universal Dr

How much is 4940 Universal Dr, Wake Forest, NC worth?

The TopHap Estimate for 4940 Universal Dr, Wake Forest, NC is $121,857 as of Sep 24, 2026. The likely range is $84,673 to $159,041. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4940 Universal Dr, Wake Forest, NC last sell?

4940 Universal Dr, Wake Forest, NC last sold on Dec 21, 2005 for $35,000, according to the county's recorded deed.

How big is 4940 Universal Dr, Wake Forest, NC?

4940 Universal Dr, Wake Forest, NC has 1 bathrooms, 600 square feet of living space and a 0.51-acre lot.

When was 4940 Universal Dr, Wake Forest, NC built?

4940 Universal Dr, Wake Forest, NC was built in 1947, making it 79 years old. It is a conventional home. The building has 1 story.

What schools serve 4940 Universal Dr, Wake Forest, NC?

4940 Universal Dr, Wake Forest, NC is assigned to Rolesville Middle School (middle), rated B; Rolesville High School (high), rated D+; Sanford Creek Elementary School (elementary), rated B+. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4940 Universal Dr, Wake Forest, NC compare to other homes in Wake Forest 27587?

Among the 30,838 homes in Wake Forest 27587, it is worth more than almost none of them ($121,857 against a typical $521,378), its price per square foot is higher than 41% of them ($203 against a typical $212), it is bigger than almost none of them (600 ft² against a typical 2,458 ft²), its lot is bigger than 63% of them (0.51 ac against a typical 0.31 ac) and it is newer than 2% of them (1947 against a typical 2006). Measured against all of Wake County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4940 Universal Dr, Wake Forest, NC?

The 2025 property tax bill for 4940 Universal Dr, Wake Forest, NC was $261. The county assessed it at $37,700.

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