When was property at 2428 Rachel Drive built and last sold?

The property at 2428 Rachel Drive was built in 1948 and last sold on Mar 23, 2021 for $305,000.

How much is this home worth?

The estimated value of the home located at 2428 Rachel Drive is $394,123.

What are some comparable homes to 2428 Rachel Drive?

There are currently no comparable homes to 2428 Rachel Drive.

Wake

27587

Horse Creek

2428 Rachel Drive

$305,000

● House - Off Market

2428 Rachel Drive

Wake Forest, NC 27587

3 Beds

2 Baths

1,887 Ft²

$341,334

RealtyHop Estimate

24.35%

Since Apr 1, 2021

National-US

Primary Model

About This Property

Newly renovated 3 bed plus office plus bonus room, 2 bath RANCH style home on nearly 1 acre wooded lot near downtown Wake Forest! Open floor plan, kitchen w/tons of cabinets, granite counters, SS appls including gas range. Huge owner's suite w/custom walk-in closet, luxe bath w/whirlpool tub, tile, dual sinks. Hdwd flrs, ceiling fans, tech desk, huge deck, patio/fire pit, drop zone, laundry room, gas heat, huge shed, don't wait, won't last!

Unit Size

1,887 Ft²

Days on Market

Land Size

0.91 acres

Price per sqft

$145

Property Type

House

Property Taxes

$63

HOA Dues

Year Built

1948

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2367613)

Price History

Date / Event	Date	Event
Mar 26, 2021	Sold	Premium
Sold
Feb 18, 2021	Listed by Berkshire Hathaway HomeService	$274,500
Listed by Berkshire Hathaway HomeService
Sep 17, 2020	Sold	Premium
Sold
Jul 24, 2020	Listed by Berkshire Hathaway HomeService	$165,000
Listed by Berkshire Hathaway HomeService
Jul 8, 1994	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1948

Effective Year Built: 2013
Total Rooms: 5
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 39,640

Total Building Area: 1,875
Building Area: 1,875
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,875
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HORSE CREEK SUB
Land Acres: 0000000910
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO39 & 40 HORSE CREEK SUB BM1971-253

Neighborhood

School District Name: Wake County Schools

School Tax School District: 23
Census Tract: 054203

Zoning

Zoning: R-40W

Geography

Account Number: 0083105

District: 19
Parcel: 1831.03-23-2917 0083105
Lot: 39,40
Municipality: WAKE FOREST
Latitude: 35.9856
Longitude: -78.553

Address

Full Address: 2428 Rachel Dr

Address - House Number: 2428
Address - Street Name: Rachel
Address - Suffix Type: Dr
State: NC
City Name: Wake Forest
Carrier Code: R039
4-Digit Zip Code: 6671
Zip Code: 27587

Valuation

Tax

Tax Year: 2022

Tax Amount: $176,490

Appraisal Valuation

Standard Deviation: 0.135

Valuation Date: Aug 31, 2022
Confidence Score: 84
Final Value: 433,385
High Value: 491,915
Low Value: 374,854

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $241,609

Market Land Value: $56,250
Market Improvement Value: $185,359

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $241,609
Assessed Land Value: $56,250
Assessed Improvements Value: $185,359

Sales

Current Sale Contract Date: Mar 23, 2021

Current Sale Recording Date: Mar 26, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Sep 17, 2020
Previous Sale Contract Date: Sep 14, 2020
Previous Sale Amount: $135,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Horse Creek

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$212

Below Asking

0.08%

Average Days on Market

317

Average Home Size

1890 ft²

Average Home Age

78 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 404 Gaston Park Lane, Wake Forest, NC, 27587

$2,295 /mo

3 Beds
2 Baths
1,576 ft²

404 Gaston Park Lane #100, Wake Forest, NC, 27587 Listing by Johnna Spivey

Unit for rent at 3303 Colorcott Street, Raleigh, NC, 27614

$2,400 /mo

4 Beds
2 Baths
2,526 ft²

3303 Colorcott Street, Raleigh, NC, 27614 Listing by Cindy Cirillo

Unit for rent at 12621 Capital Boulevard, Wake Forest, NC, 27587

$3,000 /mo

4 Beds
4 Baths
3,400 ft²

12621 Capital Boulevard, Wake Forest, NC, 27587 Listing by Teena Johnson

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: George Patrick III, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2367613

Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

2428 Rachel Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Horse Creek

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions