13 days on rocket

516 Retreat Ln, Wake Forest, NC, 27587

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,635 SqFt
$214/SqFt
Townhouse
Schools Nearby

Location

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516 Retreat Ln, Wake Forest$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAdditional Parking, Asphalt, Attached, Concrete, Garage, Garage Door Opener, Garage Faces Front, On Street, Paved
Attached Garage1 space
Year Built2016
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air, Gas
ViewNone
Private PoolYes
MLS #10029442
Lot Size0.04 Acres
StatusActive

About 516 Retreat Ln

Welcome to 516 Retreat Lane, nestled in one of the most popular subdivisions of Wake Forest, North Carolina. This wonderful townhome offers craftsmanship, and a serene ambiance, making it the perfect retreat for those seeking a comfortable place to call home. Property Overview: Location: Situated in the sought-after Traditions community, known for its upscale living and vibrant atmosphere. Bedrooms: This residence boasts 3 ample bedrooms, each designed with comfort and relaxation in mind. Bathrooms 2 1/2 carefully designed bathrooms featuring nice finishes and modern conveniences. Square Footage: With over 1,600 Sq Ft of living space, this home offers plenty of room for both entertaining and everyday living. Lot: .04 Acres Year Built: crafted in 2017 with attention to detail, this home was built to the highest standards, ensuring both durability and elegance. Interior Features: Gourmet Kitchen: The heart of the home features a weekend chef's kitchen equipped with modern stainless appliances, abundant cabinetry and granite countertops, making meal preparation a joy. Luxurious Master Suite: Escape to the inviting master suite, complete with a spa-like ensuite bathroom and a spacious walk-in closet, providing the ultimate retreat at the end of a long day. Open Concept Living: The open floor plan seamlessly connects the kitchen, dining, and living areas, creating an ideal space for entertaining guests or simply enjoying down time. Fit & Finishes: From hardwood floors to upgraded lighting fixtures, every detail of this home exudes elegance and sophistication. Versatile Spaces: Additional bedrooms can be used such as a home office, media room, or guest suite, offer flexibility to accommodate any lifestyle. Exterior Amenities: Outdoor Oasis: Step outside to your private outdoor oasis, featuring a patio, lush landscaping, and plenty of space for outdoor dining and relaxation. Community Amenities: Residents of Traditions enjoy access to a wealth of amenities, including a clubhouse, swimming pool, tennis courts, walking trails, and more, providing endless opportunities for recreation and leisure. Scenic Views: Surrounded by the natural beauty of Wake Forest, this home offers picturesque views and a serene setting that will truly enchant you. Nearby Attractions: Shopping: Just minutes away, you'll find an array of shopping options, including Wake Forest Crossing, The Factory, Target, Lowes and Downtown Wake Forest, where you can explore charming boutiques, specialty shops, and convenient retailers. Dining: Indulge in culinary delights at nearby restaurants, ranging from cozy cafes to upscale eateries, offering a diverse selection of cuisines to satisfy every palate. Recreation: Take advantage of the numerous parks, golf courses, and recreational facilities in the area, providing endless opportunities for outdoor adventure and leisure activities.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Transitional
  • Year Built: 2016
  • Living Area: 1,635 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (919) 676-0600
  • Listing Agent: Ruby B Henderson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Electric Range, Ice Maker, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan
  • Flooring Type: Carpet, Laminate
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Shower

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None
  • Exterior: Fence, Porch Front, Patio, Porch, Courtyard, Lighting

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking, Asphalt, Attached, Concrete, Garage, Garage Door Opener, Garage Faces Front, On Street, Paved

Lot Features

Lot Information:

  • Lot: Back Yard, Close to Clubhouse, Near Public Transit
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Gas

School Info

Assigned Schools Information:

  • Wake Forest High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Heritage Middle School, Public District Grades 6-8
  • Jones Dairy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 401/Louisburg Rd towards Rolesville, Left on Forestville Rd, Right on Calvin Jones Hwy, Left onto Traditions Grand blvd, Left on Morningside Creek Way, Right on Retreat Ln, Home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $214/SqFt

HOA Fees:

  • Amount: $241
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,558
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wake Forest, NC.

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Wake Forest, NC

City

Med. Sold Price

$543.7K

Med. Price/SqFt

$211

Avg. Days On Market

36

# of Sold Homes

134

516 Retreat Ln vs Wake Forest

13 DAYS ON ROCKET

-23 Days

$350,000

-$193.7K Less

$214/SqFt

+$3 More

KEY TAKEAWAY

This property is $193.7K less than the Median Sold Price and $3/SqFt more than other homes in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10029442

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (919) 676-0600
  • Listing Agent: Ruby B Henderson

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 7:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 01, 2017Home Sold
$206,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,558$231,743
2020$2,557$231,743
2019$2,473$208,899
2018$1,992$208,899

History based on county public records data.

Payment Calculator

$1,894

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4331517
9
/10

  • Jones Dairy Elementary School

  • 1100 Jones Dairy Rd

  • 2.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4331518
9
/10

  • Heritage Middle School

  • 3400 Rogers Rd

  • 2.52 miles

  • Public District Grades 6-8

High School

school-card-donut-4331519
7
/10

  • Wake Forest High School

  • 420 Stadium Dr

  • 1.57 miles

  • Public District Grades 9-12

school-card-donut-4331520
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 14.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,609. Most Wake Forest, NC residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Retreat Ln

What is the listing price of this property?

The listing price of 516 Retreat Ln property is $350,000.

What type of property is this?

The property 516 Retreat Ln is a townhouse located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 516 Retreat Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 516 Retreat Ln are:
Jones Dairy Elementary School: GreatSchools Rating 9/10
Heritage Middle School: GreatSchools Rating 9/10
Wake Forest High School: GreatSchools Rating 7/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,558 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 1, 2017 for $206,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Retreat Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 Retreat Ln is 1,635 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Retreat Ln is 2016.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›516 Retreat Ln

This home is located at 516 Retreat Ln in Wake Forest, NC and zip code 27587 in the Traditions Southwest neighborhood. This 1,635 square foot home, which was built in 2016, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $350,000.

While more than 29 listings in Wake Forest, NC in April 2024 were sold above asking price, there were more than 49 listings sold at asking price, and more than 56 were sold below. The inventory of homes for sale in Wake Forest, NC between March 2024 and April 2024 increased by 1.3%. In April 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $543,758.

From Rocket Homes Real Estate and based on county public records data.

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