501 E Pine Ave, Wake Forest, NC 27587
Property image
Property image
FOR SALE
FOR SALE BY OWNER

$155,000

  • 3 Beds
  • 1.5 Baths
  • 1,096 sqft

501 E Pine Ave, Wake Forest, NC 27587

Est. Mortgage $995/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1960
$141/sqft

Local Information

  • Map ViewExplore the area around 501 E Pine Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Investor Special / Fixer-Upper Opportunity

Bring your vision to this 3-bedroom, 1.5-bath single-family home offering 1,096 square feet on an approximately 0.17-acre lot near downtown Wake Forest.

Priced to reflect its current condition and renovation needs. HVAC and roof were replaced a couple years ago and both are in good shape.

With repairs and remodeling, the property offers great potential and sweat equity as an investment, rental, or personal residence. The previous long-term tenant paid $1,500 per month. Property is being sold as-is and requires repairs and updates.
Priced to reflect its current condition and renovation needs, this property presents a compelling value opportunity for buyers looking to build equity. Buyers are welcome to conduct all desired inspections during due diligence process.

Home Details for 501 E Pine Ave

Interior Features

Interior Details
BasementNumber of Rooms: 6Types of Rooms: Dining Room
Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Laminate

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood

Days on Market

Days on Market: 8 days on Trulia

Property Information

Year Built
Year Built: 1960Year Updated: 1965
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Price & Status

Price
Price Per Sqft: $141

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Nov 2, 2026
Source: N/A
Listed For Sale
$155,000
Sep 8, 2017
Source: N/A
Sold
$56,000
Aug 25, 2017
Source: Agent Provided
Pending
$67,900
Aug 10, 2017
Source: Agent Provided
PendingToActive
$67,900
Aug 1, 2017
Source: Agent Provided
Pending
$67,900

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.
  • Trulia User
    "We are pool opening, pool closing, Santa Easter Bunny food trucks, all kind of events put on by the community in the HOA"
    0
    Flag
  • Trulia User
    "There is a dog park and trails, also waste bag stations "
    1
    Flag
  • Elizabeth Miller
    "Dog friendly neighborhood with periodic dog cleaning stations"
    1
    Flag
  • Terri Coleman
    "I have lived in Wake Forest since 2004. Wake Forest has not done the best with infrastructure, but we have liked the neighborhoods we have lived in. "
    1
    Flag
  • Elizabeth Miller
    "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
    2
    Flag
  • Lou 3000
    "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
    1
    Flag
  • Taliaxo194
    "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
    1
    Flag
  • Itriplie94
    "I drive 18min to get to work grocery stores are nearby and fast food is nearby as well I drive 10min to closest car charger"
    1
    Flag
  • Dakotac
    "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
    1
    Flag
  • Lou 3000
    "The neighborhood has a lot of side walks. There are also many hills in this neighborhood. Walking trails are near so this is perfect for dog walking. "
    0
    Flag
  • Lou 3000
    "Many walking trails, libraries and other extracurricular activities available for kids. Not many sidewalk accessibility other than main neighborhood."
    0
    Flag
  • Danielle Livingston
    "I am not familiar with community events that make our neighborhood feel special. There is Friday Night on White; it is not special. "
    0
    Flag
  • Madison Smith
    "Lots of families and group events. Everyone is friendly and I feel safe in this area. Would recommend "
    0
    Flag
  • Monica.ortega70
    "Nice quiet neighborhood with well kept homes with huge property lots. Family oriented neighborhood "
    0
    Flag
  • Madison Smith
    "Very friendly neighbors, great community that respects each other. Not sure about schooling because my little is 1 but I’ve heard good things."
    0
    Flag
  • Monica.ortega70
    "Big yards for dogs to play in. Friendly neighborhood for walking your dog. Many parks and trails to take your dog on hikes. "
    0
    Flag
  • Brittany Brathwaite
    "Really nice area for family and enjoyable living. Plenty of fun things to do. You will need transportation. Some residents like to complain because the sky is blue - but other than that, great place to live outside of Raleigh. "
    0
    Flag
  • Michael Roberti
    "The commute to Morrisville and back is brutal. Lots of traffic on US 1 and 540. Accidents every day. People drive like maniacs weaving in and out of traffic. It is the only drawback to living here."
    0
    Flag
  • Vhfdbgt7kd
    "We have a neighborhood pool with snack bar and bar which families can join. Kids can then participate in swim team. "
    0
    Flag
  • Brittany Brathwaite
    "All of the people here are very friendly except for the few that seem to forget what it’s like to be a kid (or teenager) and enjoy being alive!"
    0
    Flag
  • Sally Dixon
    "Location location location! Lots of community events, town events lots to do and see. Beautiful greenway and lots of amenities! "
    4
    Flag
  • Brittany Brathwaite
    "There are great families, schools parks and resources for everyone. But not many outlets for teens. "
    0
    Flag
  • Ljaddison
    "The community is walkable and has ample walking and bike trails, a large community pool, and all grounds are well maintained. "
    1
    Flag
  • Brittany Brathwaite
    "People walk their dogs and for the most part, they’re responsible for the pet’s waste. Unfortunately, people are less tolerable of middle school age children and high schoolers simply being kids. "
    1
    Flag
  • PegH
    "A real sense of community. We all look out for each other; never is it as obvious as when the last bad storm came through. Everyone was out the next morning helping to clean up tree limbs and leaves from the entire cut-de-sac, not just their own yard, sharing tools, equipment and man power. "
    0
    Flag
  • Peggymhaas
    "We’ve lived here for 14+ years and love it. This little town has so much to offer; great restaurants, theater, parks, greenways and wonderful people! "
    9
    Flag
  • Andrew W.
    "Pools are awesome. Neighbors are awesome. Convenient to everything you need. Great community! "
    0
    Flag
  • Lwbenn
    "A bit of traffic around 4:00 to 6:00pm. My neighborhood is gated and has a very nice, exclusive Country Club. My neighborhood has it’s very own private security service and they constantly patrol the neighborhood."
    9
    Flag
  • Camcolwill
    "This is a good neighborhood to raise children. The only concern I would have as a parent of a teenager would be them learning to drive in heavy traffic"
    0
    Flag
  • Patsy
    "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
    0
    Flag
  • Naresh G.
    "Quiet, not crowded No traffic Nice neighbors Family friendly community Plenty of supermarkets Awesome trails for hiking "
    0
    Flag
  • Camcolwill
    "Community events in the park and on the Main Street are popular events for the community. The farmers market and the dog park are also popular"
    0
    Flag
  • Kingangel73
    "Wake Forest is warm and welcoming. It is family oriented and pet friendly. The school are great and there's tons of things to do. "
    0
    Flag
  • Patsy
    "Challenging at peak times of the day, considering I am commuting to and from Raleigh for work. Capital Blvd & Louisburg can be a nightmare."
    0
    Flag
  • Peggymhaas
    "I am retired but when I was working I worked in Cary, NC which generally required a 45 minute to 1 hour commute."
    4
    Flag
  • Peggymhaas
    "N/A. Retired but when I did work it was a 45 minute drive to Cary, NC. If I took Capital Blvd. the drive time could be an hour or more. "
    3
    Flag
  • Peggymhaas
    "I am retired. When I worked my commute was 40+ minutes. However, it was quite scenic, crossing the lake and past several horse farms. "
    1
    Flag
  • WF Resident
    "There are quite a few dog owners in my neighborhood. Most are responsible owners, but there are those that walk their dogs at night and allow them to relieve themselves in their neighbors yards. This is the part I dislike. I sit on my porch at night and you wouldn’t believe the things I see dog owners allow their dogs to do."
    10
    Flag
  • Peggym
    "Meet in the Street, Friday Night on White, MardiGras, the lighting of the Christmas Tree all make Wake Forest special. "
    4
    Flag
  • Julie B. .
    "Dog owners walk their dogs and there are trails in the common area for dogs to run. The lots sizes are big enough to have privacy from other neighbors. Fences are allowed. "
    0
    Flag

Market trends in Wake Forest

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$528K
$10.75KMoM
Sale-to-List Price
99.1%
Price per sq ft
$213
$0MoM
Available listings
502
12MoM
Sourced by Trulia Market Trends

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
1824 Fighting Bull Dr, Wake Forest, NC
0.04
Single-Family Home
$435,840
07/10/26
5
3
2,511
1804 Fighting Bull Dr, Wake Forest, NC
0.04
Single-Family Home
$468,340
06/29/26
4
2.5
2,818
2985 Ocean Sunrise Dr, Wake Forest, NC
0.04
Single-Family Home
$614,695
07/15/26
5
4
3,420
2417 Rachel Dr, Wake Forest, NC
0.23
Single-Family Home
$57,500
09/25/26
1
1,440
209 Morning Glow Ln, Wake Forest, NC
0.04
Single-Family Home
$624,610
04/20/26
5
4
3,453
2605 Mica Mine Ln, Wake Forest, NC
0.08
Single-Family Home
$500,000
11/14/25
3
2.5
2,972
2608 Mica Mine Ln, Wake Forest, NC
0.01
Single-Family Home
$585,000
04/09/26
4
2.5
2,797
2100 Stoneridge Barn Way, Wake Forest, NC
0.04
Single-Family Home
$691,805
06/24/26
5
3
3,262
3501 Cathedral Bell Rd, Raleigh, NC
1.02
Single-Family Home
$197,500
06/22/26
3
2
1,790
1116 Warmoven St, Wake Forest, NC
0.69
Single-Family Home
$435,000
05/01/26
3
2.5
2,100

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
821 N Main St, Wake Forest, NC 27587
0.00
$495,000
Studio
-
1,650
For Sale
2608 Mica Mine Ln, Wake Forest, NC 27587
0.01
$585,000
4
2.5
2,797
Recently Sold
2612 Mica Mine Ln, Wake Forest, NC 27587
0.03
$1,072,000
4
5.5
5,807
Off Market
7624 Welcome Dr, Wake Forest, NC 27587
0.03
$498,400
Studio
4
1,976
Off Market
2517 Old State Highway 98, Wake Forest, NC 27587
0.04
$290,200
Studio
2
1,144
Off Market
1308 Endgame Ct, Wake Forest, NC 27587
0.04
-
Studio
2
2,858
Off Market
1316 Endgame Ct, Wake Forest, NC 27587
0.04
-
Studio
4
3,677
Off Market
Clover bank St, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
Auburn hills Dr, Raleigh, NC 27616
0.04
-
-
-
-
Off Market
Endgame Ct, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
1312 Endgame Ct, Wake Forest, NC 27587
0.04
-
3
2
2,320
Off Market
Tranquil creek Way, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
Oak forest view Ln, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
Emerald woods Dr, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
224 Chapel Hill Rd #A, Wake Forest, NC 27587
0.04
-
Studio
2
2,016
Off Market
Clover bank St, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
Brunello Dr, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
Brunello Dr, Wake forest, NC 27587
0.04
-
-
-
-
Off Market
Youngsville Blvd, Youngsville, NC 27587
0.04
-
-
-
-
Off Market
Youngsville Blvd, Youngsville, NC 27587
0.04
-
-
-
-
Off Market

LGBTQ Local Legal Protections

This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

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Frequently asked questions about 501 E Pine Ave

  • What is the estimated monthly payment for 501 E Pine Ave?
    Based on a $155,000 list price with 20% down at today's rates, the estimated monthly payment for 501 E Pine Ave in Wake Forest, NC is approximately $1,010 (about $847 principal & interest, $88 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 501 E Pine Ave compare to homes in Wake Forest?
    501 E Pine Ave in Wake Forest, NC is listed at $155,000, about 71% below the $528K median sale price in Wake Forest.
  • What do residents say about Wake Forest?
    Residents describe Wake Forest, NC as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Wake Forest, NC.
  • What are the closest schools to 501 E Pine Ave?
    The closest schools to 501 E Pine Ave in Wake Forest, NC are Forest Pines Elementary (Pre-K, rated 3/10), Wake Forest High School (rated 7/10), Wake Forest Middle School (rated 4/10).
  • Does 501 E Pine Ave have air conditioning?
    Yes, 501 E Pine Ave in Wake Forest, NC has air conditioning.
  • How big is the lot at 501 E Pine Ave?
    The lot at 501 E Pine Ave in Wake Forest, NC is about 0.17 acres (7,405 sq ft).
501 E Pine Ave, Wake Forest, NC 27587 is a 3 bedroom, 2 bathroom, 1,096 sqft single-family home built in 1960. This property is currently available for sale and was listed on Nov 2, 2026.