Property listing for 1327 Legacy Greene Ave, Wake Forest, NC 27587
For SaleTownhome

$320,000

1327 Legacy Greene Ave, Wake Forest, NC 27587

Sunny 3-Bed Townhome with Gas-Log Fireplace and Patio

3 Bed · 2.5 Bath · 1,800 Sq Ft

1,800 SF in The Mews at Legacy Greene — community pool and top schools

3

Beds

2.5

Baths

1,800

Sq Ft

2004

Built

0.04 acres

Lot

Assigned parking (1 space)

Garage

About 1327 Legacy Greene Ave

Step inside a thoughtfully maintained townhome where the family room becomes the everyday gathering place—centered on a gas-log fireplace that adds warmth and character to weekend evenings and quieter weeknights. This 1,800-square-foot home in The Mews at Legacy Greene blends formal rooms with comfortable living: a formal dining room and living room flank the tiled foyer, while the eat-in kitchen continues the tiled trend for durability and easy upkeep. A covered front entry and a private 10' x 10' patio extend your living footprint outdoors for grilling, container gardening, or an evening glass of wine.

Upstairs the plan is practical for families: three bedrooms, a pair of full baths plus a half bath on the main level, and the convenience of a second-floor laundry. The primary suite offers a restful layout and privacy, while the two additional bedrooms accommodate kids, guests, or a home office. Built with fiber cement siding in 2004 and served by natural gas heating and central air, the home shows well and has been kept in good condition—tile in the foyer and kitchen, solid flooring elsewhere, and a clean, serviceable roof.

Community amenities amplify the appeal: residents enjoy a neighborhood pool and easy access to daily essentials. Parking is by assigned space (no garage), and the level lot of approximately 1,742 sq. ft. keeps maintenance minimal. Whether you’re looking for a primary residence or an investment property—estimated rents in the area run near $1,800/month—the floorplan and locale make this townhome versatile and attractive.

From a market perspective this address has tracked solid appreciation: last sold in 2020 for $210,000 and assessed for $327,369 in 2025. Comparable sales in The Mews at Legacy Greene sit in the $310K–$335K range, supporting an estimated market value around $320,000. Buyers should confirm HOA rules and dues, and schedule inspection of major systems, but will find a move-in-ready home in a family-friendly pocket of Wake Forest with highly rated nearby schools and quick routes to shopping, dining, and green space.

Home Highlights

Move-in ready conditionPrivate 10'x10' patioGas-log fireplace in family roomTile foyer and kitchenSecond-floor laundryCommunity poolHighly rated nearby schoolsAssigned parking (1 space)

Property Features

Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • Approximately 1,800 sq ft of living space
  • Family room with gas-log fireplace
  • Formal living and dining rooms
  • Tile flooring in foyer and kitchen
  • Second-floor laundry
  • Covered front entrance

Exterior & Lot

  • Private 10' x 10' patio
  • Fiber cement construction (2004)
  • Level lot — approx. 1,742 sq ft (0.04 acres)
  • Assigned parking (one space)
  • Community pool within subdivision

Location & Neighborhood

  • The Mews at Legacy Greene community
  • Close to Wake Forest Crossing shopping and dining (≈2 miles)
  • Downtown Wake Forest approximately 2.5 miles
  • Easy access to Jones Dairy Road (0.2 miles) and regional routes
  • Highly rated public schools nearby

Walkability & Recreation

  • Walkability Rating: 65/100 — Some errands on foot
  • Nearby parks and green spaces: E. Carroll Joyner Park (≈3 miles)
  • Community pool and neighborhood open space
  • Downtown Wake Forest (≈2.5 miles) for shops and restaurants
  • Running and casual biking opportunities nearby

Neighborhood & Location

The Mews at Legacy Greene sits in a family-oriented Wake Forest pocket with quick access to shopping, dining, and recreation. Residents enjoy a community pool and short drives to Wake Forest Crossing and Downtown Wake Forest for weekend errands and leisure. The area is served by high-scoring schools—enhancing appeal for families—and offers straightforward commutes into the greater Raleigh-Cary region. Streets are lined with mature landscaping and the community atmosphere is low-maintenance and neighborly.

Market Insights

Wake Forest’s townhome market is currently balanced with a mild seller tilt driven by low inventory and steady demand. Local metrics show roughly 2.5 months of inventory and an average days-on-market near 30 — conditions that historically favor sellers when product is priced competitively. Median sale price for the area sits near $350,000, while recent townhome sales in The Mews at Legacy Greene range $310K–$335K; those comps indicate a fair value zone of roughly $310K–$330K for 1,800 SF units. One-year appreciation is modest (about 5%) while five-year appreciation remains strong (~25%), reflecting continued demand from families and professionals drawn to good schools and commutable access to the Raleigh-Cary MSA.

For buyers: this is a good time to act if you want inventory alternatives with predictable appreciation and rental demand—rental estimates in the neighborhood hover around $1,800/month, creating reasonable yield for investors. For sellers: well-maintained, properly priced townhomes in this community typically move within a month. Key variables for both parties will be HOA rules/fees, condition of major systems, and parking needs given only one assigned space.

Nearby Schools

Jones Dairy Elementary

Elementary

9/10

Heritage Middle

Middle

9/10

Wake Forest High

High

7/10

Walkability & Recreation

65
Walkability
75
Recreation

Very good access to outdoor amenities with a community pool on-site, E. Carroll Joyner Park about 3 miles away for green space and recreation, and downtown Wake Forest (≈2.5 miles) offering sidewalks and casual walking routes.

Investment Highlights

  • Community pool and amenities enhance lifestyle appeal
  • Proximity to shopping, dining, and recreational facilities
  • Highly rated schools within close proximity
  • Steady appreciation with 52% increase over 5 years
  • Modern amenities including gas log fireplace and private patio

Key Findings

  • Assessed value $327,369 (land $60K, improvements $267,369) — annual taxes $3,088
  • Zoned GR10 allowing single-family, townhouse, and duplex uses
  • Comparable sales within 0.5 miles in last 12 months range $310K–$330K
  • Average days on market in Wake Forest: 30 days (balanced market)

Things to Consider

  • Built in 2004 — recommend inspection of major systems
  • HOA regulations should be reviewed for restrictions and fees
  • Limited parking with only one assigned space

Opportunity Analysis

Well-maintained townhome in desirable Wake Forest community with modern amenities and strong appreciation. Community amenities and proximity to services enhance lifestyle appeal. Balanced market conditions suggest steady demand.

Potential Use Scenarios

  • Potential primary residence in family-friendly community
  • Attractive rental property with estimated rent of $1,800/mo
  • Long-term investment in appreciating market

Risk Factors

  • Age of property — potential maintenance costs
  • HOA regulations and fees
  • Limited parking availability

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$310K

Midpoint

$320K

High

$330K

$178/SF estimated price per square foot

85% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for size, condition, and amenities. Assessed value of $327,369 aligns with market estimates.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$350,000
Avg Days on Market30 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)12,000
Median Income (1 mi)$85,000

Wake Forest median home values increased 25% from 2020-2025. Strong demand from families and professionals. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Heritage High School (1.5 mi)
  • Wake Forest Crossing Shopping Center (2 mi)
  • Downtown Wake Forest (2.5 mi)
  • E. Carroll Joyner Park (3 mi)

Proximity to shopping, dining, and recreational facilities. Community pool within the subdivision. Easy access to major roads and public transportation.

School District

DistrictWake County Public School System
ElementaryJones Dairy Elementary (9/10)
MiddleHeritage Middle (9/10)
HighWake Forest High (7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2004
Constructionfiber cement
Stories2
Roofshingle
Heatingnatural gas
Coolingcentral air
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.04 acres (1,742 SF)
Topographylevel
Parkingassigned
Parking Spaces1
FrontageStandard frontage on Legacy Greene Ave

Utilities

Waterpublic
Sewerpublic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeGR10
DescriptionGeneral Residential 10
JurisdictionTown of Wake Forest

Allowed Uses

single familytownhouseduplex
Current Useresidential
Assessor UseTownhouse

Tax & Sale History

Tax Assessment

Total Assessed$327,369
Land$60,000
Improvements$267,369
Annual Tax (2025)$3,088

Sale History

2020-12-21$210,000

$118/SF

Arm's length transaction

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