NOT LISTED FOR SALE

2025 Rainy Lake St Wake Forest, NC 27587

Estimated Value: $715,000 - $787,000

5 Beds
4.5 Baths
4,122 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $515,000 $125 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,558/month

Highlights

  • Clubhouse
  • Traditional Architecture
  • High Ceiling
  • Heritage High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2021

Finished 3rd floor! 3-Sides brick Craftsman style. 3rd floor walkup has huge bonus room, 5bedroom & 4.5 bath. Gourmet kitchen open to family room and breakfast area w/granite tops, cherry cabinets, tile backsplash, stainless double ovens, gas cooktop, space-saver microwave. Stunning Master with sitting room, huge walk-in closet. 4 full bathrooms, all formals, main level office. Huge bonus room area on 3rd floor. Double staircase. Community Pool with playground and tennis court

Last Agent to Sell the Property

Jerry Johnson

Carolina Property Access, LLC License #242369 Listed on: 04/27/2021

Last Buyer's Agent

Jerry Johnson

Northside Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,454

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150x75x150
  • Brick Fence

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4,122 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • High Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Granite Countertops
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

Overview

  • Stonegate HOA
  • Stonegate Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,454

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Subdivision Name: Stonegate
  • Above Grade Finished Sq Ft: 4122.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 75x150x75x150
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Levels Three Or More: Yes
  • Fencing Brick3: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 4122.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Lot Size Acres: 0.26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: Bathtub Only, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Shower Only, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Fencing: Brick
  • Acres: 0.26
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Brick/Mortar
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association Name: Stonegate HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Stonegate HOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 60.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 75x150x75x150
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4454.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 26, 2021
Sold by
Thomas David A and Thomas Amanda R
Bought by
Yekeson Makula S and Johnson Jerry A
Seller's Agent
Jerry Johnson
Carolina Property Access, LLC
Buyer's Agent
Jerry Johnson
Carolina Property Access, LLC
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$746,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,360
Avg. Annual Appreciation
8.76%
Original Mortgage
$489,250
Outstanding Balance
$448,375
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$286,792

Purchase Details

Closed on
Dec 20, 2006
Sold by
Mccar Homes Raleigh Llc
Bought by
Thomas David A and Thomas Amanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,800
Interest Rate
9.35%
Mortgage Type
Purchase Money Mortgage
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
Yekeson Makula S $515,000 Ntc
Thomas David A $398,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yekeson Makula S $489,250
Previous Owner Thomas David A $78,900
Previous Owner Thomas David A $424,291
Previous Owner Thomas David A $357,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $515,000 -- --
05/27/2021 05/27/21 Sold $515,000 0.0% $125 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $515,000 -- $125 / Sq Ft
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 $6,448 $675,602 $120,000 $555,602
2023 $5,196 $445,410 $70,000 $375,410
2022 $4,984 $445,410 $70,000 $375,410
2021 $4,897 $445,410 $70,000 $375,410
2020 $3,384 $445,410 $70,000 $375,410
2019 $4,930 $395,715 $70,000 $325,715
2018 $4,667 $395,715 $70,000 $325,715
2017 $4,511 $395,715 $70,000 $325,715
2016 $4,454 $395,715 $70,000 $325,715
2015 $4,677 $410,481 $70,000 $340,481
2014 -- $410,481 $70,000 $340,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2384423

Doorify MLS

APN: 1748.01-47-7460-000