7401 Matherly Dr, Wake Forest, NC 27587
Property image
Property image
OFF MARKET

$594,900

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,205 sqft (on 0.92 acres)

7401 Matherly Dr, Wake Forest, NC 27587

Est. Refi. Payment $3,436/mo*
Refinance Your Home
Currently Off Market - Sold May 31, 2022 for $557,000

Home Value

Trulia Estimate
$595K
Since last month
$0 (0%)
Since last year
Increased$1K (+0.2%)
Since last sale
Increased$39K (+6.9%)
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 +123% in the last 10 years
MonthEstimated value
2026
August 2026$596K
July 2026$596K
June 2026$598K
May 2026$598K
April 2026$598K
March 2026$597K
February 2026$591K
January 2026$587K
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
2809 Elsbeth Ct, Wake Forest, NC
0.32
Single-Family Home
$546,000
11/05/25
3
2.5
2,748
7505 Matherly Dr, Wake Forest, NC
0.20
Single-Family Home
$410,000
10/06/25
3
2
1,693
2636 Dun Loring Dr, Wake Forest, NC
0.67
Single-Family Home
$610,000
06/10/26
3
2.5
2,681
2409 Mica Mine Ln, Wake Forest, NC
0.78
Single-Family Home
$480,000
10/27/25
3
2.5
2,139
7328 Sparhawk Rd, Wake Forest, NC
0.17
Single-Family Home
$920,000
12/29/25
4
4.5
4,008
7201 Sparhawk Rd, Wake Forest, NC
0.27
Single-Family Home
$930,000
03/31/26
5
4
3,645
2300 Mica Mine Ln, Wake Forest, NC
0.90
Single-Family Home
$535,000
07/07/26
3
2.5
2,372
7232 Sparhawk Rd, Wake Forest, NC
0.37
Single-Family Home
$880,000
05/22/26
5
3
3,679
7912 Wexford Waters Ln, Wake Forest, NC
0.18
Single-Family Home
$266,000
10/21/25
4
5
4,697
2605 Mica Mine Ln, Wake Forest, NC
0.81
Single-Family Home
$500,000
11/14/25
3
2.5
2,972

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
2960 Wexford Pond Way, Wake Forest, NC 27587
0.09
$1,595,000
4
5
4,337
Off Market
7328 Sparhawk Rd, Wake Forest, NC 27587
0.17
$920,000
4
4.5
4,008
Recently Sold
7324 Sparhawk Rd, Wake Forest, NC 27587
0.19
$1,200,000
6
5.5
6,190
For Sale
7920 Wexford Waters Ln, Wake Forest, NC 27587
0.16
$1,710,700
4
6
4,402
Off Market
7924 Wexford Waters Ln, Wake Forest, NC 27587
0.17
$2,100,000
4
5
4,868
For Sale
7916 Wexford Waters Ln, Wake Forest, NC 27587
0.17
$1,476,100
5
5
4,291
Off Market
7912 Wexford Waters Ln, Wake Forest, NC 27587
0.18
$1,775,000
4
5
4,697
For Sale
7908 Wexford Waters Ln, Wake Forest, NC 27587
0.20
$1,558,700
4
4.5
3,531
Off Market
1325 Jenkins Rd, Wake Forest, NC 27587
0.20
$1,990,700
2
3
3,420
Off Market
7934 Wexford Waters Ln, Wake Forest, NC 27587
0.19
$1,344,400
4
5.5
3,697
Off Market
7900 Wexford Waters Ln, Wake Forest, NC 27587
0.23
$2,162,400
4
6.5
6,267
Recently Sold
7208 Sparhawk Rd, Wake Forest, NC 27587
0.25
$1,116,100
5
3.5
5,141
Off Market

Local Information

  • Map ViewExplore the area around 7401 Matherly Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1989
Lot Size
0.92 acres
Living Area
2,205 sqft
Price/Sqft
$270
Parking
Garage

About this House

Looking for privacy and a great place to call home. Located in the cul-de-sac this ranch home offer 3 bedrooms and 2 1/2 bathrooms, Enjoy the outdoors with a great backyard for gardening or just relaxing on the back deck. For the guys it has a great 2 car carage with a room above for storage or whatever you desire.
7401 Matherly Dr, Wake Forest, NC 27587 is a 3 bedroom, 3 bathroom, 2,205 sqft single-family home built in 1989. It last sold for $557,000 on May 31, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $594,900, with a rent estimate of $2,327/month.

Home Details for 7401 Matherly Dr

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1989Year Updated: 1989
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Garage

Community

Units in Building: 1

Lot Information

Lot Area: 0.92 acres

Price and Tax history

DateEventPrice
May 31, 2022
Source: Doorify MLS #2445153
Sold
$557,000
May 1, 2022
Source: Doorify MLS #2445153
Contingent
$498,000
Apr 28, 2022
Source: Doorify MLS #2445153
Listed For Sale
$498,000
Sep 30, 2011
Source: N/A
Sold
$246,000
Aug 8, 2011
Source: Agent Provided
PriceChange
$264,900
Price decreased by 2%

Market trends in Wake Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • 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

Frequently asked questions about 7401 Matherly Dr

  • What is 7401 Matherly Dr estimated to be worth?
    Trulia's estimated value for 7401 Matherly Dr in Wake Forest, NC is $594,900.
  • What is the price history for 7401 Matherly Dr?
    7401 Matherly Dr in Wake Forest, NC last sold for $557,000 in May 2022.
  • 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.
  • How big is the lot at 7401 Matherly Dr?
    The lot at 7401 Matherly Dr in Wake Forest, NC is about 0.92 acres (40,075 sq ft).
  • Does 7401 Matherly Dr have a garage?
    Yes, 7401 Matherly Dr in Wake Forest, NC has a garage.

Explore by feature - Pet Friendly

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