NOT LISTED FOR SALE

205 Forbes Rd Wake Forest, NC 27587

Estimated Value: $584,000 - $600,000

5 Beds
4 Baths
3,650 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2025

Last sale price $575,000 $158 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,743 / mo

35 Days on Market

Highlights

  • Deck
  • Partially Wooded Lot
  • Wood Flooring
  • Wake Forest High School Rated A-
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of July 2025

Awesome Reynolds Mill 5 bed/4bath with 1st floor bedroom. Gourmet kitchen with cherry cabinets, granite c-tops, tile backsplash, SS appliances, gas cooktop, center island and pantry. Master suite with sitting room, walk in closet, double vanity, garden tub and separate shower. Formal dining room with heavy trim and tray ceiling. Huge open family room with cozy gas log fireplace. 2nd floor playroom and walk-up attic with plenty of storage. 2 car garage and deck overlooking private fenced in backyard.
Neighborhood amenities include a swimming pool, clubhouse, playground and scenic walking trails. Showings to start 5/9 after 5pm.

Last Agent to Sell the Property

Jeff Horton

Northside Realty Inc. License #192588 Listed on: 05/09/2025

Northside Realty Inc.

Last Buyer's Agent

Summer McCormick

Costello Real Estate & Investm License #334970

Costello Real Estate & Investm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,212

Year Built

  • Built in 2009

Lot Details

  • 13,504 Sq Ft Lot
  • Partially Wooded Lot
  • Back and Front Yard

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Deck
  • Front Facing Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Elite Mgmt Association, Phone Number (919) 233-7660
  • Reynolds Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1840041147

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,212

Year Built

Built in 2009

Lot Details

0.31 Acres

HOA Fees

$88 per month

Parking

2

Listing Details

  • Year Built: 2009
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Reynolds Mill
  • Above Grade Finished Sq Ft: 3650.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: Second
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Enhanced Accessible2: No
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 3650.0
  • Room Types Laundry2: Yes
  • Laundry Features Inside: Yes
  • Vegetation Partially Wooded: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information Lot Size Square Feet2: 13504.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 3650.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Cooktop, Ice Maker, Microwave
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Kitchen Island: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.31
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Deck, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Deck: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 265.33
  • Association Fee Frequency: Quarterly
  • Association Name: Elite Mgmt
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Mgmt
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 265.33
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1840041147

Tax Info

  • Tax Annual Amount: 5212.17
  • Tax Year: 2024
  • Tax Map Number: 72

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jun 26, 2025
Sold by
Rouse Teri S
Bought by
Peraza-Arce Marilyn R and Peraza-Arce Jose D
Seller's Agent
Jeff Horton
Northside Realty Inc.
Buyer's Agent
Summer McCormick
Costello Real Estate & Investm
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
142
Current Estimated Value
$593,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,228
Avg. Annual Appreciation
3.61%
Original Mortgage
$460,000
Outstanding Balance
$459,223
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$134,005

Purchase Details

Closed on
Nov 3, 2011
Sold by
Rouse Teri S and Rouse Eric Eugene
Bought by
Rouse Teri S

Purchase Details

Closed on
Mar 31, 2010
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Rouse Teri S and Rouse Eric Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,820
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Peraza-Arce Marilyn R $575,000 None Listed On Document
Peraza-Arce Marilyn R $575,000 None Listed On Document
Rouse Teri S -- None Available
Rouse Teri S $305,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Peraza-Arce Marilyn R $460,000
Closed Peraza-Arce Marilyn R $460,000
Previous Owner Rouse Teri S $294,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $575,000 0.0% $158 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $575,000 -4.2% $158 / Sq Ft
05/09/2025 05/09/25 For Sale $599,900 -- $164 / Sq Ft
Source: Doorify MLS

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
2025 -- $556,204 $100,000 $456,204
2024 $5,333 $556,204 $100,000 $456,204
2023 $4,309 $369,117 $42,000 $327,117
2022 $4,134 $369,117 $42,000 $327,117
2021 $4,062 $369,117 $42,000 $327,117
2020 $4,062 $369,117 $42,000 $327,117
2019 $3,756 $301,100 $52,000 $249,100
2018 $3,556 $301,100 $52,000 $249,100
2017 $3,437 $301,100 $52,000 $249,100
2016 $3,394 $301,100 $52,000 $249,100
2015 $3,851 $337,666 $48,000 $289,666
2014 $3,728 $337,666 $48,000 $289,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10095212

Doorify MLS

APN: 1840.03-04-1147-000

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