7516 Welcome Dr
Wake Forest, NC 27587
- 4 Beds
- 3.5 Baths
- 5,434 sqft (on 2.38 acres)
4 Beds
3.5 Baths
5,434 sqft
(on 2.38 acres)
Home Value
Trulia Estimate
$949KSince last month
Decreased$21K (-2.1%)Since last year
Increased$53K (+5.9%)Since last sale
Increased$199K (+26.5%)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 +52% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $949K |
| July 2026 | $969K |
| June 2026 | $968K |
| May 2026 | $973K |
| April 2026 | $956K |
| March 2026 | $976K |
| February 2026 | $948K |
| January 2026 | $955K |
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 |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | $1,100,000 | 12/08/25 | 4 | 5 | 4,685 | |
0.14 | Single-Family Home | $585,000 | 04/09/26 | 4 | 2.5 | 2,797 | |
0.27 | Single-Family Home | $560,000 | 03/05/26 | 3 | 2.5 | 2,405 | |
0.44 | Single-Family Home | $654,000 | 05/05/26 | 3 | 2.5 | 2,959 | |
0.21 | Single-Family Home | $500,000 | 11/14/25 | 3 | 2.5 | 2,972 | |
0.33 | Single-Family Home | $715,000 | 10/09/25 | 4 | 3.5 | 3,226 | |
0.38 | Single-Family Home | $617,000 | 08/05/26 | 3 | 2.5 | 3,734 | |
0.64 | Single-Family Home | $630,000 | 02/04/26 | 3 | 2.5 | 2,624 | |
0.70 | Single-Family Home | $539,000 | 07/20/26 | 4 | 2.5 | 2,977 | |
0.79 | Single-Family Home | $809,000 | 03/11/26 | 3 | 2.5 | 3,425 |
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 |
|---|---|---|---|---|---|---|
0.14 | $585,000 | 4 | 2.5 | 2,797 | Recently Sold | |
0.14 | $1,272,300 | 5 | 5.5 | 4,711 | Off Market | |
0.21 | $500,000 | 3 | 2.5 | 2,972 | Recently Sold | |
0.25 | $607,500 | 3 | 2.5 | 2,307 | Off Market | |
0.27 | $641,700 | 3 | 2.5 | 2,792 | Off Market | |
0.30 | $1,100,000 | 4 | 5 | 4,685 | Recently Sold | |
0.27 | $560,000 | 3 | 2.5 | 2,405 | Recently Sold | |
0.28 | $593,200 | 3 | 2.5 | 2,441 | Off Market | |
0.32 | $491,000 | 3 | 2.5 | 1,973 | Off Market | |
0.31 | $743,200 | 4 | 3 | 3,093 | Off Market | |
0.33 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2008
Lot Size
2.38 acres
Living Area
5,434 sqft
Price/Sqft
$175
Parking
2 Car Garage
HOA
$25/Monthly
About this House
7516 Welcome Drive welcomes you! Follow the sprawling driveway directly to the home of your dreams. On the main level, this spacious home boasts 4 bedrooms, 2 full bathrooms, a half bathroom, open layout kitchen, study room, dining area, laundry room and living room. Adorned with expansive windows, natural light floods this layout and provides a picturesque view of the lush greenery in its own backyard. Surrounded by towering, vibrant foliage, this home offers privacy and a tranquil sanctuary. The luxury of space does not end on the main level of this home! Take a walk down to the basement and find a finished space ready for your personal touch. On this level you will find an additional bedroom and full bathroom. Customize this space to be the perfect extension of your home; whether you envision a cozy entertainment room, home office, or fitness haven – the choice is yours! This Wake Forest gem is in a prime location with an abundance of restaurant, grocery store and shopping options just minutes away including: Carolina Ale House, Target, Kohls, Lowes, PetSmart, Walgreens, Walmart, Sam’s Club, and Harris Teeter
7516 Welcome Dr, Wake Forest, NC 27587 is a 4 bedroom, 4 bathroom, 5,434 sqft single-family home built in 2008. It last sold for $750,000 on Dec 29, 2023 (3% below the $775,000 asking price). It is currently off market. The Trulia Estimate is $948,600, with a rent estimate of $4,155/month.
Last check for updates: about 5 hours ago
Listed by Wendy Jean Mitchel, (919) 749-0536
Be Home Realty
Bought with: Rhiamd Bendayan Garcia, (919) 434-8040, Movil Realty
Source: Doorify MLS, MLS#2542514

Home Details for 7516 Welcome Dr
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Interior Details Basement: Daylight, Finished, HeatedNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 5434 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Propane, ZonedHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Propane |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas LogHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile, Hardwood, Tile |
Levels, Entrance, & Accessibility Levels: Multi/SplitFloors: Carpet, Ceramic Tile, Hardwood, Tile |
View Has a View |
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Exterior Home Features Foundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportNo GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Finished Area Finished Area (above surface): 2860 Square FeetFinished Area (below surface): 2574 Square Feet |
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Year Built Year Built: 2008 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: Site BuiltArchitecture: Ranch, Transitional |
Building Construction Materials: BrickNot a New Construction |
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Price List Price: $775,000 |
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MLS Status: Closed |
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Direction & Address City: Wake ForestCommunity: Waterfall Plantation |
School Information Elementary School: Wake - Wake ForestJr High / Middle School: Wake - Wake ForestHigh School: Wake - Wake Forest |
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Building Area Building Area: 5434 Square Feet |
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Not Senior Community |
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Has an HOAHOA Fee: $300/Annually |
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Lot Area: 2.38 Acres |
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BasementMls Number: 2542514Above Grade Unfinished Area: 2860 |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 29, 2023 Source: Doorify MLS #2542514 | Sold | $750,000 |
Dec 2, 2023 Source: BURMLS #2542514 | Pending | $775,000 |
Nov 17, 2023 Source: Doorify MLS #2542514 | Listed For Sale | $775,000 |
Sep 19, 2023 Source: BURMLS #128242 | ListingRemoved | |
Sep 12, 2023 Source: BURMLS #128242 | PriceChange | $750,000 Price decreased by 4% |
Sep 11, 2023 Source: Doorify MLS #2529469 | PendingToActive | $780,000 |
Sep 9, 2023 Source: Triad MLS #1115163 | Pending | $780,000 |
Sep 5, 2023 Source: BURMLS #128242 | PriceChange | $780,000 Price decreased by 10% |
Aug 25, 2023 Source: Triad MLS #1115163 | PriceChange | $870,000 Price decreased by 3% |
Aug 9, 2023 Source: Triad MLS #1115163 | PriceChange | $900,000 Price decreased by 10% |
Aug 7, 2023 Source: BURMLS #128242 | PriceChange | $999,999 Price decreased by 5% |
Aug 3, 2023 Source: BURMLS #128242 | Listed For Sale | $1,049,000 |
Apr 12, 2004 Source: N/A | Sold | $513,500 |
Jan 21, 2000 Source: N/A | Sold | $468,500 |
May 28, 1999 Source: N/A | Sold | $73,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,140 | $800,509 |
Home facts updated by county records
Market trends in Wake Forest
Last updated July 2026
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.
LGBTQ Local Legal Protections
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.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Frequently asked questions about 7516 Welcome Dr
- What is 7516 Welcome Dr estimated to be worth?Trulia's estimated value for 7516 Welcome Dr in Wake Forest, NC is $948,600.
- What is the price history for 7516 Welcome Dr?7516 Welcome Dr in Wake Forest, NC last sold for $750,000 in December 2023.
- 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.
- Does 7516 Welcome Dr have air conditioning?Yes, 7516 Welcome Dr in Wake Forest, NC has air conditioning.
- How big is the lot at 7516 Welcome Dr?The lot at 7516 Welcome Dr in Wake Forest, NC is about 2.4 acres.

