10 days on rocket

617 S Franklin St, Wake Forest, NC, 27587

$700,000

Home List Price

$8,313*

Closing Credit

3 Bedrooms
4 Full Baths, 1 Partial
2,843 SqFt
$246/SqFt
Townhouse
Schools Nearby

Location

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617 S Franklin St, Wake Forest$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Garage, Garage Door Opener, Garage Faces Rear, None
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingElectric, Forced Air, Heat Pump, Zoned
CoolingHeat Pump, Zoned
FireplaceFamily Room, Gas, Gas Log
MLS #10028605
Lot Size0.04 Acres
StatusActive

About 617 S Franklin St

Wake up, Wake Forest! A refreshingly modern take on sweet suburban living is sprouting on the cusp of Downtown. Welcome to Forest on Franklin. This twelve-townhome collection was crafted by local building experts and curated to complement the existing community. But don't mistake its cohesion as being cookie-cutter. These boutique builds break from typical farmhouse-styling to embrace a refined twist on tradition, emboldened by modern accents at every turn. While every home is equipped with two-car garages, screened-in patios and ample flex space, three distinct plans offer differing treatments for the 2,500+ SQ FT of light-flooded living space. From elevators (in select plans) to varying 3-4 BR options, each layout offers its own take on high-style, low-maintenance living. Intuitively hybrid. Holistically inclined. And with neighbors like Downtown WF & Falls Lake? Balancing work & play is a breeze. Embed yourself in the booming brewery culture, or break a sweat on the trails - there's plenty to see only seconds away. Plus, commuter-friendly access to DTR & RTP guarantees you're never far from the action.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Transitional
  • Year Built: 2024
  • Living Area: 2,843 SqFt

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Johnny Chappell, Laura Guld

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Flooring Type: Hardwood, Tile
  • Interior: Ceiling Fan(s), Double Vanity, Elevator, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Fireplace: Family Room, Gas, Gas Log

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch, Screened Porch, Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener, Garage Faces Rear, None

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: 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: Hwy 98 to S. Franklin Street, at the roundabout, take the second Right to stay on S. Franklin Street. Development on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $246/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Monthly
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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

617 S Franklin St vs Wake Forest

10 DAYS ON ROCKET

-26 Days

$700,000

+$156.2K More

$246/SqFt

+$35 More

KEY TAKEAWAY

This property is $156.2K more than the Median Sold Price and $35/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: #10028605

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Johnny Chappell, Laura Guld

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, 5:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-4381846
4
/10

  • Wake Forest Elementary School

  • 136 W Sycamore Ave

  • 0.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4381847
3
/10

  • Wake Forest Middle School

  • 1800 S Main St

  • 1.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4381848
7
/10

  • Wake Forest High School

  • 420 Stadium Dr

  • 1.07 miles

  • Public District Grades 9-12

school-card-donut-4381849
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 13.50 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 $31,492. Most Wake Forest, NC residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 617 S Franklin St

What is the listing price of this property?

The listing price of 617 S Franklin St property is $700,000.

What type of property is this?

The property 617 S Franklin St is a townhouse located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 617 S Franklin St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 617 S Franklin St 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

How many bedrooms and bathrooms does this property have?

The property at 617 S Franklin St has 3 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 617 S Franklin St is 2,843 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 617 S Franklin St is 2024.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›617 S Franklin St

This home is located at 617 S Franklin St in Wake Forest, NC and zip code 27587. This 2,843 square foot home, which was built in 2024, sits on a 0.04 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $700,000.

In April 2024 more than 29 listings in Wake Forest, NC were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 56 were sold below. In April 2024 in Wake Forest, NC there were 1.3% more homes for sale than in March 2024. 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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