7505 Matherly Dr, Wake Forest, NC 27587
Property image
Property image
OFF MARKET

$400,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,693 sqft (on 1.43 acres)

7505 Matherly Dr, Wake Forest, NC 27587

Est. Refi. Payment $2,444/mo*
Refinance Your Home
Currently Off Market - Sold Oct 6, 2025 for $410,000

Home Value

Trulia Estimate
$400K
Since last month
Decreased$7K (-1.7%)
Since last year
Decreased$25K (-5.8%)
Since last sale
Decreased$10K (-2.4%)
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 +53% in the last 10 years
MonthEstimated value
2026
September 2026$400K
August 2026$407K
July 2026$410K
June 2026$409K
May 2026$408K
April 2026$404K
March 2026$407K
February 2026$406K
January 2026$407K
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
0.16
Single-Family Home
$546,000
11/05/25
3
2.5
2,748
2636 Dun Loring Dr, Wake Forest, NC
0.47
Single-Family Home
$610,000
06/10/26
3
2.5
2,681
2709 Trifle Ln, Wake Forest, NC
0.31
Single-Family Home
$995,000
09/15/26
4
4
3,500
2425 Welsh Tavern Way, Wake Forest, NC
0.73
Single-Family Home
$500,000
06/22/26
3
2.5
2,543
2409 Mica Mine Ln, Wake Forest, NC
0.88
Single-Family Home
$480,000
10/27/25
3
2.5
2,139
7912 Wexford Waters Ln, Wake Forest, NC
0.30
Single-Family Home
$266,000
10/21/25
4
5
4,697
2725 Trifle Ln, Wake Forest, NC
0.21
Single-Family Home
$1,300,000
02/20/26
4
4.5
4,228
2405 Welsh Tavern Way, Wake Forest, NC
0.82
Single-Family Home
$655,000
09/10/26
3
2.5
3,016
7824 Ailesbury Rd, Wake Forest, NC
0.33
Single-Family Home
$1,450,000
12/04/25
4
4.5
3,721

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
2928 Wexford Pond Way, Wake Forest, NC 27587
0.09
$1,995,000
4
4
4,737
For Sale
2960 Wexford Pond Way, Wake Forest, NC 27587
0.16
$1,564,800
4
5
4,337
Off Market
2805 Prather Pl, Wake Forest, NC 27587
0.11
$577,400
3
3
2,901
Off Market
2808 Elsbeth Ct, Wake Forest, NC 27587
0.11
$565,000
4
3.5
3,187
For Sale
2921 Wexford Pond Way, Wake Forest, NC 27587
0.14
$1,315,700
4
4.5
4,000
Off Market
2916 Wexford Pond Way, Wake Forest, NC 27587
0.16
$1,837,800
4
5
5,518
Off Market
7956 Wexford Waters Ln, Wake Forest, NC 27587
0.19
$1,880,000
4
4
4,623
Recently Sold
2801 Elsbeth Ct, Wake Forest, NC 27587
0.15
$572,600
3
2.5
2,703
Off Market
7312 Wexford Woods Ln, Wake Forest, NC 27587
0.21
$1,825,000
4
6
4,733
Recently Sold
2809 Elsbeth Ct, Wake Forest, NC 27587
0.16
$533,800
3
2.5
2,748
Off Market
7924 Wexford Waters Ln, Wake Forest, NC 27587
0.24
$2,100,000
4
5
4,868
For Sale

Local Information

  • Map ViewExplore the area around 7505 Matherly Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1991
1.43 acre lot
1,693 sqft
$236/sqft
Garage

About this House

What's unique:Double sided fireplaceRocking chair front porchLarge deckSmooth ceilingsCrown moldingPicturesque backyard
This charming 1 story 3 bedroom, 2 bathroom home on 1.43 acres backs to mature trees in a lovely, peaceful neighborhood minutes from Wake Forest! This fantastic location is close to shopping, dining, schools, commuting routes. Rocking chair front porch welcomes you to this well maintained home! The 2 car garage features a permitted workshop at the back. The large deck overlooks the picturesque backyard beckoning you to entertain friends and family alike. Double sided fireplace anchors primary living areas! Interior has been freshly painted. Lots of special touches include crown molding and smooth ceilings throughout! Windows have all been replaced with Anderson double hung windows. New roof in 2019 includes transferable warranty! Home and HVAC (new in 2018) has been pre-inspected with reports uploaded in documents (Full home inspection report available upon request). Washer, dryer, refrigerator convey with sale.
7505 Matherly Dr, Wake Forest, NC 27587 is a 3 bedroom, 2 bathroom, 1,693 sqft single-family home built in 1991. It last sold for $410,000 on Oct 6, 2025 (4% below the $425,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $400,100, with a rent estimate of $2,155/month.
Last check for updates: about 15 hours ago
Listed by Karena Stipp, (919) 473-3676
Real Broker, LLC
Bought with: Caren Fried, (919) 964-0732, Keller Williams Realty
Source: Doorify MLS, MLS#10119639

Home Details for 7505 Matherly Dr

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Laundry, Other, Workshop
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1693 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Propane, Water Connected, Septic ConnectedAppliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Washer, Washer/DryerDishwasherDryerLaundry: Laundry RoomWasher
Heating & Cooling
Heating: Heat Pump,Gas PackHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Electric,Heat Pump,Gas PackHas HeatingHeating Fuel: Heat Pump
Fireplace & Spa
Spa: None
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Hardwood, Tile
View
Has a ViewView: Trees/Woods

Exterior Features

Exterior Home Features
Roof: Architectural ShinglePatio / Porch: Deck, Front PorchFencing: NoneVegetation: GrassedOther Structures: Garage(s), WorkshopExterior: Rain GuttersFoundation: Block, Brick/Mortar, Crawlspace
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Concrete,Workshop in Garage
Pool
Pool: None
Frontage
Road Frontage: County RoadResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Asphalt
Water & Sewer
Sewer: Septic Tank
Finished Area
Finished Area (above surface): 1693 Square Feet

Property Information

Year Built
Year Built: 1991
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Traditional
Building
Construction Materials: Frame, Vinyl SidingNot a New Construction
Property Information
Parcel Number: 183147436

Price & Status

Price
List Price: $425,000
Status Change & Dates
Off Market Date: Wed Sep 10 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Wake ForestCommunity: Matherly
School Information
Elementary School: Wake - Forest Pines Drive ElementaryJr High / Middle School: Wake - Wake Forest Middle SchoolHigh School: Wake - Wake Forest High School

Building

Building Area
Building Area: 1693 Square Feet

Community

Community Features: None

HOA

No HOA

Lot Information

Lot Area: 1.43 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: 10119639Above Grade Unfinished Area: 1693

Additional Information

HOA Amenities: NoneSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
Oct 6, 2025
Source: Doorify MLS #10119639
Sold
$410,000
Sep 10, 2025
Source: Doorify MLS #10119639
Pending
$425,000
Sep 4, 2025
Source: Doorify MLS #10119639
Listed For Sale
$425,000

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 7505 Matherly Dr

  • What is 7505 Matherly Dr estimated to be worth?
    Trulia's estimated value for 7505 Matherly Dr in Wake Forest, NC is $400,100.
  • What is the price history for 7505 Matherly Dr?
    7505 Matherly Dr in Wake Forest, NC last sold for $410,000 in October 2025.
  • 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 7505 Matherly Dr have air conditioning?
    Yes, 7505 Matherly Dr in Wake Forest, NC has air conditioning.
  • Does 7505 Matherly Dr have laundry facilities?
    Yes, 7505 Matherly Dr in Wake Forest, NC has in-unit laundry.

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