558 Derby Ln, Wake Forest, NC 27587
OFF MARKET

$308,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,215 sqft (on 1.14 acres)

558 Derby Ln, Wake Forest, NC 27587

Est. Refi. Payment $1,879/mo*
Refinance Your Home
Currently Off Market - Sold Sep 30, 2024 for $255,000

Home Value

Trulia Estimate
$309K
Since last month
Decreased$8K (-2.4%)
Since last year
Increased$50K (+19.1%)
Since last sale
Increased$55K (+21.6%)
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 +118% in the last 10 years
MonthEstimated value
2026
September 2026$310K
August 2026$309K
July 2026$318K
June 2026$316K
May 2026$300K
April 2026$282K
March 2026$268K
February 2026$265K
January 2026$264K
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
615 Young Forest Dr, Wake Forest, NC
0.15
Single-Family Home
$340,000
04/22/26
3
2
1,207
524 Young Forest Dr, Wake Forest, NC
0.12
Single-Family Home
$400,000
05/01/26
3
2.5
1,960
75 Pine Dr, Youngsville, NC
0.55
Single-Family Home
$220,000
12/30/25
3
2
1,711
121 Fox Run, Youngsville, NC
0.84
Single-Family Home
$300,000
04/30/26
3
2
1,209
941 Coast Grade St, Wake Forest, NC
0.12
Single-Family Home
$540,000
04/07/26
2
2
1,794
205 Fox Run Rd, Youngsville, NC
0.83
Single-Family Home
$345,000
01/30/26
3
2
1,552
113 Country Brook Ln, Youngsville, NC
0.97
Single-Family Home
$335,000
07/09/26
3
2
1,400
716 Haven Peak Ln, Wake Forest, NC
0.16
Single-Family Home
$565,000
08/25/26
2
2
1,776

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
657 Fawn Ct, Wake Forest, NC 27587
0.08
$656,700
3
3.5
2,929
Off Market
604 Young Forest Dr, Wake Forest, NC 27587
0.07
$380,700
3
2.5
1,621
Off Market
933 Coast Grade St, Wake Forest, NC 27587
0.11
$646,900
3
3
2,408
Off Market
941 Coast Grade St, Wake Forest, NC 27587
0.12
$540,000
2
2
1,794
Recently Sold
524 Young Forest Dr, Wake Forest, NC 27587
0.12
$400,000
3
2.5
1,960
Recently Sold
716 Haven Peak Ln, Wake Forest, NC 27587
0.16
$565,000
2
2
1,776
Recently Sold
615 Young Forest Dr, Wake Forest, NC 27587
0.15
$340,000
3
2
1,207
Recently Sold
708 Haven Peak Ln, Wake Forest, NC 27587
0.18
$563,900
2
2.5
2,091
Off Market
601 Young Forest Dr, Wake Forest, NC 27587
0.15
$425,700
3
2.5
1,831
Off Market
704 Haven Peak Ln, Wake Forest, NC 27587
0.19
$548,100
2
2
1,776
Off Market
625 Hatters Creek Ln, Wake Forest, NC 27587
0.20
$781,600
4
3.5
3,800
Off Market

Local Information

  • Map ViewExplore the area around 558 Derby Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1995
1.14 acre lot
1,215 sqft
$254/sqft
Garage

About this House

Spacious ranch-style home with endless possibilities. With 3 bedrooms and 2 bathrooms, this 1,215 square foot home is perfect for any buyer looking for space, privacy, and convenience. This property is ideal for investors and those looking for room to grow and some renovations. Nestled on a private wooded lot, you can enjoy the tranquil surroundings and escape the hustle and bustle of the city, yet still be close to all the area amenities and shopping.

One of the many highlights of this home is the large 1.14 acre lot. Whether you have a green thumb or dream of building a spacious outdoor oasis, the possibilities are endless. Imagine hosting barbecues on the patio, watching the kids play in the yard, or simply relaxing in the shade under the trees. The choice is yours.
This home is perfect for those who are looking for a project and have an eye for design. In need of repairs, this home is a blank canvas, waiting for your personal touch and updates to bring it to its full potential. Being sold AS IS-Cash Deals Only!Offer Deadline-Saturday 9/7/24 at 11:00 am.
558 Derby Ln, Wake Forest, NC 27587 is a 3 bedroom, 2 bathroom, 1,215 sqft single-family home built in 1995. It last sold for $255,000 on Sep 30, 2024 (28% above the $200,000 asking price). More recently, it was listed as a rental in June 2025 with an asking price of $2,000 per month. That rental listing was removed on December 5, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $308,900, with a rent estimate of $1,792/month.
Last check for updates: about 10 hours ago
Listed by Scott Hoffman, (919) 740-0379
Keller Williams Preferred Realty
Bought with: Jo Smith, (919) 302-4493, Northside Realty Inc.
Source: Doorify MLS, MLS#10051005

Home Details for 558 Derby Ln

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Other
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1215 Square Feet
Appliances & Utilities
Appliances: DishwasherDishwasherLaundry: In Hall
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Fireplace: Family Room, Wood BurningNo Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: See Remarks
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 1No CarportHas a GarageHas Open ParkingParking Spaces: 3Parking: Detached
Frontage
Responsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Other
Finished Area
Finished Area (above surface): 1215 Square Feet

Property Information

Year Built
Year Built: 1995
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 026993

Price & Status

Price
List Price: $200,000
Status Change & Dates
Off Market Date: Sat Sep 07 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Wake ForestCommunity: Young Forest
School Information
Elementary School: Franklin - Youngsville ElementaryJr High / Middle School: Franklin - Cedar Creek MiddleHigh School: Franklin - Franklinton High

Building

Building Area
Building Area: 1215 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.14 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: 10051005Above Grade Unfinished Area: 1215

Additional Information

Source Internet Entire Listing Display

Price and Tax history

DateEventPrice
Dec 5, 2025
Source: Zillow Rentals
ListingRemoved
$1,850
Nov 12, 2025
Source: Zillow Rentals
PriceChange
$1,850
Price decreased by 3%
Sep 28, 2025
Source: Zillow Rentals
PriceChange
$1,900
Price decreased by 5%
Jun 17, 2025
Source: Zillow Rentals
Listed For Rent
$2,000
Sep 30, 2024
Source: Doorify MLS #10051005
Sold
$255,000

Market trends in Wake Forest

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$540K
$8.33KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$213
$4MoM
Available listings
511

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
    "There is a dog park and trails, also waste bag stations "
    0
    Flag
  • Elizabeth Miller
    "Dog friendly neighborhood with periodic dog cleaning stations"
    0
    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. "
    0
    Flag
  • Elizabeth Miller
    "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
    0
    Flag
  • Lou 3000
    "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
    0
    Flag
  • Taliaxo194
    "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
    0
    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"
    0
    Flag
  • Dakotac
    "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
    0
    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
  • Kerryjuliekane
    "Ladies night out. Walking with friends. Bells lake access for fun trails. Fall pizza gathering in culdesac. "
    0
    Flag

LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

Frequently asked questions about 558 Derby Ln

  • What is 558 Derby Ln estimated to be worth?
    Trulia's estimated value for 558 Derby Ln in Wake Forest, NC is $308,900.
  • What is the price history for 558 Derby Ln?
    558 Derby Ln in Wake Forest, NC last sold for $255,000 in September 2024.
  • Is Wake Forest a buyer's or seller's market?
    Wake Forest is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Wake Forest?
    The median sale price in Wake Forest is $540K. That is down $8.33K from the prior month.
  • Does 558 Derby Ln have air conditioning?
    Yes, 558 Derby Ln in Wake Forest, NC has air conditioning.
  • Does 558 Derby Ln have laundry facilities?
    Yes, 558 Derby Ln in Wake Forest, NC has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

46 rentals with an outdoor space in Wake Forest, NC

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