RENTED NOV 14, 2025

3116 Rapid Falls Rd Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $340,389 - $385,000

2 Beds
2.5 Baths
1,400 Sq Ft
$255/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • No HOA
  • Porch
  • Cedar Fork Elementary Rated A
  • Community Pool
  • Luxury Vinyl Tile Flooring

About This Home

As of November 2025

Twin Lakes is a desirable community convenient to RTP and the airport. Freshly painted, new flooring and new granite countertops in the kitchen. Pets Negotiable.

Last Agent to Rent the Property

Miki Davis

Resolute Property Management License #214445 Listed on: 10/23/2025

Last Renter's Agent

Miki Davis

Resolute Property Management License #214445 Listed on: 10/23/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 1,307 Sq Ft Lot
  • Privacy Fence
  • Vinyl Fence

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Luxury Vinyl Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry in Kitchen
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Porch

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Listing and Financial Details

  • Security Deposit $1,695
  • Property Available on 10/31/25
  • Tenant pays for all utilities, cable TV, electricity, gas, hot water, sewer, air and water filters
  • The owner pays for management, pool maintenance, repairs, taxes
  • 12 Month Lease Term
  • $70 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Twin Lakes Subdivision

Recreation

  • Community Pool

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Hot Water, Sewer, Air and Water Filters
  • Lease Term: 12 Months
  • Owner Pays: Management, Pool Maintenance, Repairs, Taxes
  • Available Date: 2025-10-31

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential Lease
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 1400.0
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Dryer: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Twin Lakes is a desirable community convenient to RTP and the airport. Freshly painted, new flooring and new granite countertops in the kitchen. Pets Negotiable.
  • General Property Information Senior Community YN: No
  • Fencing Privacy: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-10-31
  • Contract Information Security Deposit2: 1695.0
  • General Property Information Above Grade Finished Area: 1400.0
  • General Property Information Carport YN: No
  • Pets Allowed Dogs OK: Yes
  • Fencing Vinyl2: Yes
  • General Property Information Lot Size Square Feet2: 1307.0
  • General Property Information Lot Size Acres: 0.03
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 1400.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Appliances: Dishwasher, Dryer, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: front door
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Fencing: Privacy, Vinyl
  • Acres: 0.03
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Assigned
  • Total Parking Spaces: 2.0
  • Parking Features:Assigned: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • HOA Rent Includes: Management
  • Association: No
  • Fees Application Fee: 70.0

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2017
Sold by
Stevens Scott B and Stevens Sara
Bought by
Karutiuri Srinivas
Current Estimated Value
$356,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,875
Outstanding Balance
$78,112
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$278,235

Purchase Details

Closed on
Sep 27, 2013
Sold by
Lange Sarah K
Bought by
Stevens Scott B and Stevens Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,775
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Lange Sarah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,090
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karutiuri Srinivas $199,000 None Available
Stevens Scott B $154,500 None Available
Lange Sarah K $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karutiuri Srinivas $148,875
Previous Owner Stevens Scott B $146,775
Previous Owner Lange Sarah K $150,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Rented $1,695 0.0% --
10/23/2025 10/23/25 For Rent $1,695 -- --
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 $2,926 $339,104 $90,000 $249,104
2024 $2,863 $339,104 $90,000 $249,104
2023 $2,272 $224,750 $63,000 $161,750
2022 $2,188 $224,750 $63,000 $161,750
2021 $2,144 $224,750 $63,000 $161,750
2020 $2,155 $224,750 $63,000 $161,750
2019 $1,838 $169,827 $50,000 $119,827
2018 $1,726 $169,827 $50,000 $119,827
2017 $1,659 $169,827 $50,000 $119,827
2016 $1,634 $169,827 $50,000 $119,827
2015 $1,580 $158,479 $38,000 $120,479
2014 $1,491 $158,479 $38,000 $120,479
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2025

    Miki Davis

    Resolute Property Management

    (919) 720-4363

    1 Total Sale

    Miki Davis
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Map

Source: Doorify MLS

MLS Number: 10129379

Doorify MLS

APN: 0745.01-48-5345-000

North Carolina Wake County Cary 27519 Twin Lakes

3116 Rapid Falls Rd, Cary, NC

Not Listed for Sale

Townhouses

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