$398,560 - $422,000
RENTED AUG 14, 2024

1024 Gateway Commons Cir Wake Forest, NC 27587

3 Beds
3.5 Baths
2,208 Sq Ft
$186 Price per Sq Ft

Highlights

  • Deck
  • Loft
  • Fireplace
  • Wood Flooring
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of August 2024

This is a Brand New 3 bed, 3.5 bath interior townhome for rent at an excellent location in Wake Forest.

Adjacent to the Gateway Commons shopping center and the highly rated Wake Forest Charter Academy. Downtown Wake Forest, home to White Street Brewing and H.I. Miller Park is only a couple miles away and The Factory, an indoor shopping and sports complex, is also close by. Downtown Raleigh, with restaurants, historical landmarks and other popular attractions is only 30 minutes away.

This unique 3-story townhome includes beautiful features such as tiered cabinetry, granite countertops, large covered outdoor living space, decorative lighting, one car garage and more.

Main level features an open floorplan with large kitchen, living room, half bath and dining area. The kitchen includes stainless steel sink and appliance with granite countertops and island for additional counter space. The large covered outdoor living area with privacy walls is perfect for entertaining or just relaxing outside in the fresh air and sunshine.

Second floor includes 2 large bedrooms with attached full baths. Both the bedrooms include large walk-in closets.

Ground floor includes a flex room that can be used as a bedroom or office. This floor also includes a full bathroom with additional storage area.

Its Tenants reponsiblity to follow HOA guide lines , No smoking allowed.

Its Tenants reponsiblity for Utility Bills ( electricity and water).

Renter will be subject to a background check and credit/work verification. "

Its Tenants responsibility to follow HOA guide lines .
No smoking allowed.

Its Tenants responsibility for Utility Bills ( electricity and water).

one month Rent for Security Deposit And First Month Rent are due at the time of Lease Signing .

Renter will be subject to a background check and credit/work verification.

Cats and Small Dogs are permitted , there will be $35 per Pet, fee per month.

Last Agent to Rent the Property

Ron Ramanujam

BLISSFUL REALTY LLC License #332928 Listed on: 06/16/2024

Last Renter's Agent

Ron Ramanujam

Sklydan LLC License #332928

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,642

Year Built

  • Built in 2022

Lot Details

  • 2,208

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,208 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Electric Oven
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Deck
  • 2,208 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,095
  • Property Available on 6/17/24
  • Tenant pays for electricity, gas, sewer, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,642

Year Built

Built in 2022

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Lease Term: 12 Months
  • Available Date: 2024-06-17

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 2208.0
  • Unit Levels: Three Or More
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Flooring Vinyl: Yes
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Levels Three Or More: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-06-17
  • Contract Information Security Deposit2: 2095.0
  • General Property Information Above Grade Finished Area: 2208.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • General Property Information Lot Size Square Feet2: 2208.0
  • General Property Information Lot Size Acres: 0.0507
  • Pets Allowed Yes2: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Granite Counters, Kitchen Island, Quartz Counters, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 0.05
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 2208.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Mckee Homes Llc
Bought by
Penumarthi Venkata Goutham and Penimarthi Lakshmi S
Current Estimated Value
$410,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,270
Interest Rate
4.45%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penumarthi Venkata Goutham $412,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penumarthi Venkata Goutham $309,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Rented $2,000 -4.5% --
08/04/2024 08/04/24 Price Changed $2,095 -4.6% $1 / Sq Ft
06/16/2024 06/16/24 For Rent $2,195 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,642 $383,271 $65,000 $318,271
2023 $3,139 $268,391 $36,000 $232,391
2022 $461 $41,400 $36,000 $5,400
2021 $394 $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10036094

Doorify MLS

APN: 1850.01-07-2411-000