Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$393,188$174 / 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 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $99,000 on Jan 1, 1987

701 APPALOOSA WAY

WAKE FOREST, NC 27587
4
Beds
3 / 1
Baths
2,262 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.
2.48 ac
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$393K
$371K low$415K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$99,000 · Jan 1, 1987

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,643 (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.$418,810 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$115,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$303,610
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$418,810
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$418,810

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.14 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
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.minimal

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.Cape Cod
CountyFranklin
Lot (acres)The size of the land the home sits on, from county records.2.48
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)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Attached, Finished
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 · 168 ft²Porch · 120 ft²

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

E
Youngsville Elementary SchoolA
Elementary · Grades KG–5 · 1.4 mi
M
Cedar Creek Middle SchoolC+
Middle · Grades 6–8 · 3.1 mi
H
Franklinton High SchoolB-
High · Grades 9–12 · 5.3 mi

District: Franklin County 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%

Owner Tools

Do you own this home?
Claim this home

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

701 Appaloosa Way 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.

  • Worth less than 74% of homes in Wake Forest 27587
  • Costs less per square foot than 85% of homes in Wake Forest 27587
  • Has a bigger lot than 95% of homes in Wake Forest 27587
  • Older than 88% 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
$227K$1.4M

This home is worth more than 26% of 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$393,188
CheaperTypical $522,108Pricier

Pricier than 26% of homes nearby

Price per ft²$174
CheaperTypical $215Pricier

Pricier than 15% of homes nearby

Living area2,262 ft²
SmallerTypical 2,466 ft²Bigger

Bigger than 42% of homes nearby

Lot size2.48 ac
SmallerTypical 0.31 acBigger

Bigger than 95% of homes nearby

Year built1987
OlderTypical 2007Newer

Newer than 12% of homes nearby

How 701 Appaloosa Way ranks against every home in each area.
MeasureThis homeWake Forest 27587
Estimated valuepricier than$393,18826% of homes
Price per ft²pricier than$17415% of homes
Living areabigger than2,262 ft²42% of homes
Lot sizebigger than2.48 ac95% of homes
Year builtnewer than198712% of homes

About 701 Appaloosa Way

How much is 701 Appaloosa Way, Wake Forest, NC worth?

The TopHap Estimate for 701 Appaloosa Way, Wake Forest, NC is $393,188 as of Aug 30, 2026. The likely range is $371,130 to $415,246. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 701 Appaloosa Way, Wake Forest, NC last sell?

701 Appaloosa Way, Wake Forest, NC last sold on Jan 1, 1987 for $99,000, according to the county's recorded deed.

How big is 701 Appaloosa Way, Wake Forest, NC?

701 Appaloosa Way, Wake Forest, NC has 4 bedrooms, 3 bathrooms, 2,262 square feet of living space and a 2.48-acre lot.

When was 701 Appaloosa Way, Wake Forest, NC built?

701 Appaloosa Way, Wake Forest, NC was built in 1987, making it 39 years old. It is a cape cod home. The building has 2 stories.

What schools serve 701 Appaloosa Way, Wake Forest, NC?

701 Appaloosa Way, Wake Forest, NC is assigned to Youngsville Elementary School (elementary), rated A; Cedar Creek Middle School (middle), rated C+; Franklinton High School (high), rated B-. All sit in Franklin County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 701 Appaloosa Way, Wake Forest, NC compare to other homes in Wake Forest 27587?

Among the 30,776 homes in Wake Forest 27587, it is worth more than 26% of them ($393,188 against a typical $522,108), its price per square foot is higher than 15% of them ($174 against a typical $215), it is bigger than 42% of them (2,262 ft² against a typical 2,466 ft²), its lot is bigger than 95% of them (2.48 ac against a typical 0.31 ac) and it is newer than 12% of them (1987 against a typical 2007). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 701 Appaloosa Way, Wake Forest, NC?

The 2025 property tax bill for 701 Appaloosa Way, Wake Forest, NC was $2,643. The county assessed it at $418,810.

More homes on Appaloosa Way

Closest homes

More homes in Wake Forest 27587

Assigned schools

Explore the area

See this home in context

Open 701 Appaloosa Way on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map