507 Forest Ln, Wallace, NC 28466
Property image
Property image
OFF MARKET

$179,800

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,380 sqft

507 Forest Ln, Wallace, NC 28466

Est. Refi. Payment $1,084/mo*
Refinance Your Home
Currently Off Market - Sold Mar 22, 2018 for $79,000

Home Value

Trulia Estimate
$180K
Since last month
Decreased$5K (-2.8%)
Since last year
Increased$100 (+0.1%)
Since last sale
Increased$101K (+127.2%)
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 +107% in the last 10 years
MonthEstimated value
2026
August 2026$180K
July 2026$185K
June 2026$182K
May 2026$181K
April 2026$181K
March 2026$183K
February 2026$176K
January 2026$171K
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
405 N College St, Wallace, NC
0.34
Single-Family Home
$94,000
06/17/26
3
2
1,297
322 E Cavenaugh St, Wallace, NC
0.21
Single-Family Home
$125,522
06/05/26
3
2
1,332
500 Forest Lane Ext, Wallace, NC
0.16
Single-Family Home
$249,900
02/18/26
3
2
1,431
203 Stevens St, Wallace, NC
0.52
Single-Family Home
$60,000
05/22/26
3
1
1,296
204 Stevens St, Wallace, NC
0.53
Single-Family Home
$63,937
01/22/26
3
3
1,440
519 N West Railroad St, Wallace, NC
0.44
Single-Family Home
$53,000
11/03/25
3
1
1,084
300 N Graham Street, Wallace, NC
0.24
Single-Family Home
$259,900
07/23/26
3
2.5
1,900
133 Lincoln St, Wallace, NC
0.50
Single-Family Home
$107,500
08/17/26
3
1
1,025
214 Currie Street, Wallace, NC
0.62
Single-Family Home
$140,000
02/24/26
3
1
1,000
305 S Norwood St, Wallace, NC
0.60
Single-Family Home
$130,000
01/21/26
3
2
2,286

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
518 Forest Lane, Wallace, NC 28466
0.05
$374,900
4
2.5
2,774
For Sale
604 N Duplin Street, Wallace, NC 28466
0.02
$224,000
4
2.5
2,900
For Sale
521 Forest Lane, Wallace, NC 28466
0.05
$245,600
2
2
1,410
Off Market
610 E Forest Lane, Wallace, NC 28466
0.10
$167,500
3
1
1,029
Off Market
404 Forest Lane, Wallace, NC 28466
0.08
$252,800
3
2
1,750
Off Market
513 E Westbrook Street, Wallace, NC 28466
0.08
$373,000
4
3.5
2,509
Recently Sold
413 E Murphy Street, Wallace, NC 28466
0.09
$259,500
3
3
1,711
Off Market
614 Forest Lane, Wallace, NC 28466
0.12
$278,500
3
2.5
1,650
For Sale
616 E Murphy Street, Wallace, NC 28466
0.15
$374,900
3
2.5
2,320
For Sale
406 E Murphy Street, Wallace, NC 28466
0.13
$226,700
2
1.5
1,306
Off Market
616 Onslow Street, Wallace, NC 28466
0.11
$347,900
4
2.5
2,900
Off Market
502 E Cavenaugh Street, Wallace, NC 28466
0.15
$325,000
3
2.5
3,070
Recently Sold

Local Information

  • Map ViewExplore the area around 507 Forest Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1955
Living Area
1,380 sqft
Price/Sqft
$130

About this House

This single-family home is located at 507 Forest Ln, Wallace, NC. 507 Forest Ln is in Wallace, NC and in ZIP code 28466. This property has 3 bedrooms, 2 bathrooms and approximately 1,380 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1955.
507 Forest Ln, Wallace, NC 28466 is a 3 bedroom, 2 bathroom, 1,380 sqft single-family home built in 1955. It last sold for $79,000 on Mar 22, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $179,800, with a rent estimate of $1,383/month.

Home Details for 507 Forest Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 5Types of Rooms: Dining Room

Property Information

Year Built
Year Built: 1955Year Updated: 1955
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
DeckExterior: Vinyl, BrickPatioPorch
Parking & Garage
Parking Space: 1Parking: Carport

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Mar 22, 2018
Source: Hive MLS #100065653
Sold
$79,000
Jan 27, 2018
Source: Agent Provided
Pending
$89,900
Nov 16, 2017
Source: Agent Provided
PriceChange
$89,900
Price decreased by 7%
Aug 29, 2017
Source: Agent Provided
PriceChange
$97,000
Price decreased by 12%
Jun 1, 2017
Source: Agent Provided
Listed For Sale
$109,900

Market trends in Wallace

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
40
1MoM

Around this home

What Locals Say about Wallace

At least 12 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 89 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 78 % Say there's wildlife

  • 76 % Say parking is easy

  • 75 % Say streets are well-lit

  • 65 % Say kids play outside

  • 59 % Say neighbors are friendly

  • 58 % Say it's walkable to restaurants

  • 58 % Say they plan to stay for at least 5 years

  • 58 % Say people would walk alone at night

  • 56 % Say it's quiet

  • 54 % Say it's dog friendly

  • 53 % Say there are sidewalks

  • 47 % Say it's walkable to grocery stores

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Stephanie Bright
    "I’ve heard They have this really adorable store in Wallace with a ton of awesome pet finds… and the price is great too! "
    0
    Flag
  • Mabel_chavarria09
    "I really don't see dog owners walking there dogs. most of my neighbors dont have dogs. is really nice "
    0
    Flag
  • Chad
    "I’ve lived here 20+ years This town has nothing to offer families or an individual. I recommend moving towards Wilmington or Leland. Also, I recommend Garner and Clayton . You will find tons of positives and things do, as well as a better environment and school district/education AWAY from Wallace/Duplin county. I greatly discourage living in Wallace!!! Go elsewhere !"
    0
    Flag
  • Wmiller1992
    "Been in Wallace for over a year and I wish I had moved here a long time ago. Great neighborhood, fantastic neighbors. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 507 Forest Ln

  • What is 507 Forest Ln estimated to be worth?
    Trulia's estimated value for 507 Forest Ln in Wallace, NC is $179,800.
  • What is the price history for 507 Forest Ln?
    507 Forest Ln in Wallace, NC last sold for $79,000 in March 2018.
  • Is Wallace a buyer's or seller's market?
    Wallace is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Wallace?
    Residents describe Wallace, NC as well-kept, easy to park in, and neighborly. Most residents say you need a car. See recently sold homes in Wallace, NC.
  • Does 507 Forest Ln have air conditioning?
    Yes, 507 Forest Ln in Wallace, NC has air conditioning.
  • How big is the lot at 507 Forest Ln?
    The lot at 507 Forest Ln in Wallace, NC is about 0.22 acres (9,583 sq ft).

Apartments for Rent

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Off Market Homes Near 507 Forest Ln

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