4 months on rocket

501 Toran Dr, Wake Forest, NC, 27587

$479,990

Home List Price

$5,700*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,420 SqFt
$198/SqFt
Townhouse
Schools Nearby

Location

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501 Toran Dr, Wake Forest$479,990

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingElectric, Heat Pump, Zoned
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump, Zoned
FireplaceElectric, Living Room
MLS #10006140
Lot Size0.05 Acres
StatusActive

About 501 Toran Dr

Welcome to this beautiful new 3-story end unit townhome with a 2-car fully finished garage. The 1st and 2nd floor features 9' ceilings, creating an airy and spacious feel. The bright kitchen boasts upgraded cabinets, quartz counters with Carrara marble mosaic designer backsplash. High-quality stainless-steel appliances complete the modern look. The luxury vinyl plank flooring adds a sleek, contemporary finish against the fireplace surround in this spacious living room. Upstairs, three bedrooms all with tray ceilings and laundry room offers convenience and privacy. Don't forget about the 15' x 11' covered porch, perfect for outdoor relaxation. Don't miss this opportunity for comfortable and convenient living, walking distance to the Gateway Commons Shopping Center. Fridge Included.**MOVE-IN READY** Ask about our BUYER INCENTIVE!

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2023
  • Living Area: 2,420 SqFt

Listing Office:

  • Office Name: Fonville Morisey & Barefoot
  • Office Phone: (919) 949-8684
  • Listing Agent: Susan M Detwiler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl, Tile
  • Interior: Ceiling Fan(s), Pantry, Quartz Counters, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Fireplace: Electric, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch/Covered, Porch, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump, Zoned

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
  • Wake Forest Middle School, Public District Grades 6-8
  • Wake Forest Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Capitol Blvd North, Right on Hwy 98, Right into Gateway Shopping Center, Left on Gateway Commons Circle. Neighborhood is immediately to the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,990
  • Price Per SqFt: $198/SqFt

HOA Fees:

  • Amount: $139
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $394
  • 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

501 Toran Dr vs Wake Forest

128 DAYS ON ROCKET

+92 Days

$479,990

-$63.7K Less

$198/SqFt

-$13 Less

KEY TAKEAWAY

This property is $63.7K less than the Median Sold Price and $13/SqFt less 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: #10006140

Listing Office:

  • Office Name: Fonville Morisey & Barefoot
  • Office Phone: (919) 949-8684
  • Listing Agent: Susan M Detwiler

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: 5/20/2024, 9:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$394$36,000

History based on county public records data.

Payment Calculator

$2,602

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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-4547485
4
/10

  • Wake Forest Elementary School

  • 136 W Sycamore Ave

  • 1.35 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4547486
3
/10

  • Wake Forest Middle School

  • 1800 S Main St

  • 2.18 miles

  • Public District Grades 6-8

High School

school-card-donut-4547487
7
/10

  • Wake Forest High School

  • 420 Stadium Dr

  • 1.70 miles

  • Public District Grades 9-12

school-card-donut-4547488
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 13.63 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 $66,887. Most Wake Forest, NC residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Toran Dr

What is the listing price of this property?

The listing price of 501 Toran Dr property is $479,990.

What type of property is this?

The property 501 Toran Dr is a townhouse located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 501 Toran Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Toran Dr are:
Wake Forest Elementary School: GreatSchools Rating 4/10
Wake Forest Middle School: GreatSchools Rating 3/10
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 $394 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 Toran Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 Toran Dr is 2,420 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Toran Dr is 2023.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›501 Toran Dr

This home is located at 501 Toran Dr in Wake Forest, NC and zip code 27587. This 2,420 square foot home, which was built in 2023, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $479,990.

Over 29 listings were sold over their listed price in April 2024 in Wake Forest, NC. In the same period over 56 listings were sold below the listed price and 49 listings were sold for the listed price. The number of listings in Wake Forest, NC increased by 1.3% between March 2024 and April 2024. In April 2024 median list price was $543,758 and the average listing age was 36 days.

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

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