724 E Nelson Ave
Wake Forest, NC 27587
- 4 Beds
- 2 Baths
- 2,245 sqft
$364,600
as of Aug 19, 2026
$364,600
as of Aug 19, 2026
4 Beds
2 Baths
2,245 sqft
Home Value
Trulia Estimate
$365KSince last month
Decreased$2K (-0.5%)Since last year
Decreased$25K (-6.3%)Since last sale
Increased$145K (+65.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +134% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $365K |
| July 2026 | $366K |
| June 2026 | $372K |
| May 2026 | $377K |
| April 2026 | $374K |
| March 2026 | $371K |
| February 2026 | $367K |
| January 2026 | $362K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $233,000 | 10/15/25 | 3 | 2 | 1,269 | |
0.14 | Single-Family Home | $260,000 | 11/25/25 | 3 | 2 | 1,398 | |
0.07 | Single-Family Home | $293,000 | 10/28/25 | 3 | 2 | 1,218 | |
0.05 | Single-Family Home | $375,000 | 06/18/26 | 3 | 2.5 | 2,268 | |
0.21 | Single-Family Home | $285,000 | 05/07/26 | 3 | 2 | 1,734 | |
0.12 | Single-Family Home | $262,000 | 07/29/26 | 3 | 2 | 1,154 | |
0.09 | Single-Family Home | $338,000 | 10/09/25 | 3 | 2.5 | 1,300 | |
0.17 | Single-Family Home | $331,500 | 08/28/25 | 3 | 2.5 | 1,219 | |
0.30 | Single-Family Home | $300,000 | 09/16/25 | 3 | 2 | 1,059 | |
0.23 | Single-Family Home | $225,000 | 06/02/26 | 2 | 2 | 912 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $375,000 | 3 | 2.5 | 2,268 | Recently Sold | |
0.08 | $385,000 | 3 | 2.5 | 1,853 | For Sale | |
0.09 | $336,900 | 3 | 2.5 | 1,300 | Off Market | |
0.07 | $202,600 | 3 | 2 | 1,316 | Off Market | |
0.07 | $293,000 | 3 | 2 | 1,218 | Recently Sold | |
0.05 | $269,900 | 3 | 1 | 1,021 | Off Market | |
0.07 | $370,900 | 4 | 2.5 | 1,867 | Off Market | |
0.10 | $352,900 | 3 | 2.5 | 1,644 | Off Market | |
0.12 | $310,000 | 3 | 2 | 1,180 | For Sale | |
0.09 | $355,800 | 3 | 2 | 1,438 | Off Market | |
0.13 | $295,200 | 3 | 2 | 1,166 | Off Market | |
0.11 | $265,000 | 2 | 1 | 837 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Living Area
2,245 sqft
Price/Sqft
$162
Parking
Attached Garage
About this House
Furnished Short Term Or Long Term Rental. Events OK. Beautifully renovated spacious 4 bedroom, 2 bath has office, yard & front porch. The oversized 4 car garage is a great space for an event. Easy access to the vibrant Wake Forest downtown area. Ranch with a handicap ramp, a pet friendly partially fenced yard & near bus routes. Near the historic district where scores of homes are being renovated, but please note that the street we are on is a quiet sweet family neighborhood but the exteriors of most of the homes on this street have not yet begun renovation. If you prefer un-furnished, it could potentially work if you are willing to move my furniture into the garage and store it there.
TERM/LENGTH: 1 month lease. Shorter term can possibly be considered. Longer term is available.
UTILITIES/YARD: OWNER pays for water/gas/sewer/electricity/trash/yard maintenance fees that are above the tenant's flat $250, and there is a cap. Tenant pays $40 per month for wifi/internet if wifi/internet is desired.
OTHER: Pet fee $25 per pet. No smoking inside home; smoking is allowed on covered front porch.
TERM/LENGTH: 1 month lease. Shorter term can possibly be considered. Longer term is available.
UTILITIES/YARD: OWNER pays for water/gas/sewer/electricity/trash/yard maintenance fees that are above the tenant's flat $250, and there is a cap. Tenant pays $40 per month for wifi/internet if wifi/internet is desired.
OTHER: Pet fee $25 per pet. No smoking inside home; smoking is allowed on covered front porch.
724 E Nelson Ave, Wake Forest, NC 27587 is a 4 bedroom, 2 bathroom, 2,245 sqft single-family home. It last sold for $220,000 on Aug 26, 2021 (10,133% above the $2,150 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $2,150 per month. That rental listing was removed on April 3, 2025. It is currently off market. The Trulia Estimate is $364,600, with a rent estimate of $2,006/month.
Home Details for 724 E Nelson Ave
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 Month |
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Appliances & Utilities DishwasherRefrigerator |
Heating & Cooling Air ConditioningCooling System: Central Air |
Levels, Entrance, & Accessibility Floors: Hardwood |
Room & Shared Space Shared space is furnished |
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Parking & Garage Parking: Attached Off Street, On Site |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 3, 2025 Source: Zillow Rentals | ListingRemoved | $2,150 |
Mar 26, 2025 Source: Zillow Rentals | Listed For Rent | $2,150 |
Mar 12, 2025 Source: Doorify MLS #10052903 | ListingRemoved | $395,000 |
Mar 9, 2025 Source: Doorify MLS #10052903 | PriceChange | $395,000 Price increased by 10% |
Jan 11, 2025 Source: Doorify MLS #10052903 | PriceChange | $360,000 Price decreased by 5% |
Dec 17, 2024 Source: Doorify MLS #10052903 | PriceChange | $380,000 Price decreased by 4% |
Oct 30, 2024 Source: Doorify MLS #10052903 | PendingToActive | $394,500 |
Oct 13, 2024 Source: Doorify MLS #10052903 | Pending | $394,500 |
Sep 19, 2024 Source: Doorify MLS #10052903 | Listed For Sale | $394,500 |
Sep 11, 2023 Source: Zillow Rentals | ListingRemoved | |
Aug 21, 2023 Source: Zillow Rentals | Listed For Rent | $2,775 |
Feb 8, 2022 Source: Zillow Rental Network Premium | ListingRemoved | |
Dec 23, 2021 Source: Zillow Rental Network Premium #2424325 | Listed For Rent | $1,900 |
Aug 26, 2021 Source: N/A | Sold | $220,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,101 | $328,826 |
Home facts updated by county records
Market trends in Wake Forest
Last updated July 2026
Avg. sale price
$548K
$3.58KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$217
$4MoM
Available listings
510
13MoM
Around this home
What Locals Say about Wake Forest
At least 410 Trulia users voted on each feature.
94 % Say car is needed
93 % Say it's dog friendly
87 % Say parking is easy
83 % Say there's holiday spirit
80 % Say people would walk alone at night
79 % Say yards are well-kept
76 % Say kids play outside
75 % Say there are sidewalks
73 % Say it's quiet
68 % Say streets are well-lit
64 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
58 % Say there's wildlife
49 % Say there are community events
36 % Say it's walkable to restaurants
33 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 724 E Nelson Ave
- What is 724 E Nelson Ave estimated to be worth?Trulia's estimated value for 724 E Nelson Ave in Wake Forest, NC is $364,600.
- What is the price history for 724 E Nelson Ave?724 E Nelson Ave in Wake Forest, NC last sold for $220,000 in August 2021.
- Is Wake Forest a buyer's or seller's market?Wake Forest is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Wake Forest?The median sale price in Wake Forest is $548K. That is up $3.58K from the prior month.
- Does 724 E Nelson Ave have air conditioning?Yes, 724 E Nelson Ave in Wake Forest, NC has air conditioning.
- Does 724 E Nelson Ave have parking?Yes, 724 E Nelson Ave in Wake Forest, NC has on-site parking.

