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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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118 E Walnut Ave , Wake Forest, NC 27587
$650,000
Est. Payment: $3,653.02/mo
4 Bed
4 Bath
3371 Sqft
0.48 Acres
Status: active | Days on site: 96
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Terri Bias
Operator/Brokerage Owner

House Description

Privacy, character, and community! Framed by majestic willow oak trees, this tall, stately beauty sits in a charmingly private setting - and you're only a 5-10 minute walk along tree-lined sidewalks through the beautiful Wake Forest Historic District to coffee shops, breakfast, parks, playgrounds, and everything else downtown! The Wake Forest Farmers Market, Friday Night on White, and other beloved community events are a short stroll from your front door. Inside, floor-to-cathedral ceiling windows capture your eye and draw natural light into the living room, where built-in bookshelves and a fireplace create an inviting space. Just beyond, the three-seasons room offers the perfect sunny spot to unwind while enjoying the private backyard view. The updated kitchen features quartz countertops, tile backsplash, apron sink, recessed lighting, under-cabinet lighting, and an eat-in dining area. Side entry from the driveway to the kitchen makes grocery days a breeze. A formal dining room adds even more flexibility for hosting. The spacious first-floor laundry room is thoughtfully tucked out of sight, and is complete with a utility sink and a laundry chute from the primary bathroom! A first-floor front bedroom showcases rich natural woodwork, and connects to a full bathroom. Beautifully maintained and refinished hardwood floors flow through the main floor. New carpet has been installed throughout the second floor. The upstairs primary suite includes a walk-in closet with built-in shelving, dual vanities, tiled shower, and a separate soaking tub facing the private backyard for a spa-like retreat. The third floor offers skylights, built-in bookcases, multiple rooms, abundant closet space, and a half bathroom—ideal as a bonus rooms, play areas, a guest suite, or creative space. Storage is thoughtfully incorporated throughout the home: built-in shelving, generous closets, walk-in eaves, and a backyard shed outside. The details continue with an oversized driveway, an invisible fence line, and a low-maintenance brick veneer exterior. The front and side entry doorbells have their own distinctive chimes heard throughout the home, and forget the mail kiosk- the mail is hand-delivered straight to your front door.

Highlights

Listed by Katie Lynam , Keller Williams Realty , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.48

Year Built

1991

County

Wake

Neighborhood

Not in a Subdivision

Listing ID

10179144

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave
Air Cond:Central Air
Fireplaces:Family Room,Gas Log
Floor:Carpet,Ceramic Tile,Hardwood,Slate,Tile,Vinyl
Above Ground Sq Ft:3371
Basement:Crawl Space
Other:
  • ▪ Additional:Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Natural Woodwork, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Water Closet
Water:Public

Exterior Features

Lot:Hardwood Trees,Landscaped,Private
Zoning:GR3
Roof:Copper,Shingle
Others:
  • ▪ Additional:Lighting, Rain Gutters, Enclosed, Front Porch, Patio, Porch, Side Porch, Pergola, Shed(s), Storage
Sewer:Public Sewer
Parking Features:Concrete,Driveway,On Site,Open,Oversized,Private
Principal Interest
$3,653
Taxes
$414

Home Price

$650,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$130,000
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Monthly Price:
$3,653.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,653.02 $414.38 $0.00 $4,067.40
Yearly $43,836.27 $4,972.50 $0.00 $48,808.77
Total $1,315,087.96 $149,175.00 $0.00 $1,464,262.96

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Wake Forest, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T19:53:58.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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