$391,000 - $404,000
RENTED JUN 26, 2025

3148 Rapid Falls Rd Cary, NC 27519

Twin Lakes Neighborhood
2 Beds
2.5 Baths
1,684 Sq Ft
$235 Price per Sq Ft

Highlights

  • Screened Porch
  • Luxury Vinyl Tile Flooring
  • ENERGY STAR Qualified Appliances
  • Cedar Fork Elementary Rated A

About This Home

As of June 2025

This MOVE-IN READY END UNIT 2 bedroom with an office/3rd bedroom offers the perfect blend of style, comfort, and convenience in a PRIME location. Freshly painted in 2025 with brand new plush carpet, this beautiful home is full of upgrades and thoughtful touches throughout. The inviting living room features elegant crown molding and a cozy fireplace. The spacious kitchen boasts rich cabinetry, upgraded lighting, and modern appliances including a new dishwasher (2025), convection oven (2022), refrigerator (2021). A versatile flex room with a custom barn door offers the perfect space for a private office or third bedroom. The spacious primary suite is a true retreat with a serene sitting area, accented with a tray ceiling, crown molding, and ceiling fan. The spa-inspired ensuite bath offers new flooring, freshly painted dual vanities, a walk-in shower, and a separate tub. A second bedroom and updated full bathroom complete the upstairs. 1-year home warranty included—don't miss this incredible opportunity! Resort-style amenities include a pool with slides, splash pads, sand volleyball, tennis courts, and playground—vacation living year-round. Unbeatable location near RTP, RDU, Downtown Cary, Raleigh, Fenton, and top-rated schools. Minutes to Wegman's - a neighborhood favorite, Target, Park West Village, greenways, and town parks

Last Agent to Rent the Property

April Hardee

Coldwell Banker HPW License #350791 Listed on: 06/05/2025

Coldwell Banker HPW

Co-Listed By

Gregory Beck

Coldwell Banker HPW - Prope License #186820

Last Renter's Agent

Cindy Sorvillo

Coldwell Banker HPW License #312409

Coldwell Banker HPW

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 2007

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,684 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Luxury Vinyl Tile Flooring
  • ENERGY STAR Qualified Appliances
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

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

Community Details

  • Twin Lakes Subdivision

Listing and Financial Details

  • Security Deposit $1,995
  • Property Available on 6/9/25
  • Tenant pays for all utilities
  • The owner pays for association fees
  • 12 Month Lease Term
  • $75 Application Fee

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,223

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2025-06-09

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential Lease
  • Co List Office Mls Id: 74352
  • Co List Office Phone: 919-882-7742
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 1684.0
  • Entry Level: 1
  • 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
  • Laundry Features Upper Level: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-06-09
  • Contract Information Security Deposit2: 1995.0
  • General Property Information Above Grade Finished Area: 1684.0
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information Lot Size Acres: 0.1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: ENERGY STAR Qualified Appliances
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 1
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: None
  • Acres: 0.1
  • Patio And Porch Features: Screened
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0
  • Parking Features:Other Parking: Assigned

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Fees Application Fee: 75.0

Association/Amenities

  • Owner Pays:Association Fees: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Leonard Hallman Iii Miles and Xime Beatriz
Bought by
Hallman Family Trust
Current Estimated Value
$395,305

Purchase Details

Closed on
Nov 27, 2019
Sold by
Deese Brian and Jones Timothy
Bought by
Hallman Miles Leonard and Portilla Beatriz Ximena Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Jones Timothy B and Deese Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,071
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hallman Family Trust -- None Listed On Document
Hallman Miles Leonard $260,000 None Available
Jones Timothy B $218,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hallman Miles Leonard $221,000
Previous Owner Jones Timothy B $218,071
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Rented $1,995 0.0% --
06/20/2025 06/20/25 Under Contract -- -- --
06/05/2025 06/05/25 For Rent $1,995 -- --
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
2025 $3,223 $373,649 $90,000 $283,649
2024 $3,153 $373,649 $90,000 $283,649
2023 $2,495 $246,984 $63,000 $183,984
2022 $2,402 $246,984 $63,000 $183,984
2021 $2,354 $246,984 $63,000 $183,984
2020 $2,366 $246,984 $63,000 $183,984
2019 $2,013 $186,157 $50,000 $136,157
2018 $1,890 $186,157 $50,000 $136,157
2017 $1,816 $186,157 $50,000 $136,157
2016 $1,789 $186,157 $50,000 $136,157
2015 $1,948 $195,810 $58,900 $136,910
2014 $1,837 $195,810 $58,900 $136,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10101028

Doorify MLS

APN: 0745.01-48-2481-000