NOT LISTED FOR SALE

509 Toran Dr Wake Forest, NC 27587

Wake Forest Area

Estimated Value: $393,991

3 Beds
3.5 Baths
2,222 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2023

Last sale price $399,990 $180 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,538 / mo

167 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • 1 Fireplace
  • Wake Forest High School Rated A-
  • Main Floor Bedroom
  • High Ceiling

About This Home

As of October 2023

The Polk 3 bed, 3.5 bath interior townhome main level features an open floorplan with large living room, half bath and dining area. The kitchen includes stainless steel sink and appliance package 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. [Polk]

Last Agent to Sell the Property

Patrick McKee

McKee Realty License #295779 Listed on: 03/17/2023

Last Buyer's Agent

Latesh Patel

LP Realty License #253953

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 72'x18'x72'x18'

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,222 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Porch

Schools

  • Wake Forest Elementary And Middle School
  • Wake Forest High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure
  • 7 Units
  • Kohn Ell Management Co. Association, Phone Number (919) 856-1844
  • Built by McKee Homes
  • The Townes At Gateway Commons Subdivision, Polk B Floorplan

Townhouse Details

Home Type

Townhome

Year Built

Built in 2022 | New Construction

Lot Details

1,307 Sq Ft Lot

HOA Fees

$139 per month

Parking

1

Listing Details

  • Builder Name: McKee Homes
  • Builder Model: Polk B
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: The Townes at Gateway Commons
  • Above Grade Finished Sq Ft: 2222.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 72'x18'x72'x18'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-03-01
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 3
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 3
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-856-1844
  • Flooring Laminate: Yes
  • Levels Three Or More: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 2222.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • General Property Information:Living Area3: 2222.0
  • General Property Information Builder Name: McKee Homes
  • General Property Information Builder Model: Polk B
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: High Ceilings, Quartz Counters, Smooth Ceilings
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Heat Pump, None
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 1668.0
  • Association Fee Frequency: Annually
  • Association Name: Kohn-Ell Management Co.
  • Phone: 919-856-1844
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Kohn-Ell Management Co.
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1668.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Dimensions: 72'x18'x72'x18'
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Julakanti Raghuvaran Reddy and Vempati Sindhusha Reddy
Bought by
Current Estimated Value
$393,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Outstanding Balance
$293,005
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$100,986

Purchase Details

Listed on
Mar 17, 2023
Closed on
Sep 8, 2023
Sold by
Mckee Homes Llc
Bought by
Julakanti Raghuvaran Reddy and Vempati Sindhusha Reddy
Seller's Agent
Patrick McKee
McKee Realty
Buyer's Agent
Latesh Patel
LP Realty
List Price
$408,906
Sold Price
$399,990
Premium/Discount to List
-$8,916
-2.18%
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.51%
Original Mortgage
$299,993
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wake Forest, NC

  • Stephanie Andrew Real Estate Agent - Realty One Group Results Greensboro

    Stephanie Andrew

    Responds Quickly

    Realty One Group Results Greensboro

    (336) 863-9277

    189 Total Sales

    1 in Wake Forest

    $410,000 Price

    Stephanie Andrew
     Section Image
  • Mandy Moultrie Real Estate Agent - Berkshire Hathaway HomeService

    Mandy Moultrie

    Berkshire Hathaway HomeService

    (984) 237-3428

    94 Total Sales

    6 in Wake Forest

    $280K - $740K Price Range

    Mandy Moultrie
     Section Image
  • Carla Freund Real Estate Agent - Keller Williams Legacy

    Carla Freund

    Keller Williams Legacy

    (984) 459-7539

    93 Total Sales

    1 in Wake Forest

    $807,500 Price

    Carla Freund
     Section Image
  • Mark Goodall Real Estate Agent - DASH Carolina

    Mark Goodall

    DASH Carolina

    (845) 999-0688

    58 Total Sales

    1 in Wake Forest

    $350,000 Price

    Mark Goodall
     Section Image
  • Diana Locki Real Estate Agent - LOCKI HOMES & PROPERTY MANAGEMENT LLC

    Diana Locki

    LOCKI HOMES & PROPERTY MANAGEMENT LLC

    (984) 789-3599

    40 Total Sales

    1 in Wake Forest

    $475,000 Price

    Diana Locki
     Section Image
  • Jamie Buckley Real Estate Agent - Berkshire Hathaway HomeService

    Jamie Buckley

    Berkshire Hathaway HomeService

    (844) 641-1599

    45 Total Sales

    2 in Wake Forest

    $570,000 Price Range

    Jamie Buckley
     Section Image
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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
-- None Listed On Document
Julakanti Raghuvaran Reddy $400,000 West Title
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 $299,000
Previous Owner Julakanti Raghuvaran Reddy $299,993
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $399,990 -- --
10/09/2023 10/09/23 Sold $399,990 -2.4% $180 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $409,990 +2.5% $185 / Sq Ft
05/25/2023 05/25/23 Price Changed $399,990 -2.2% $180 / Sq Ft
03/17/2023 03/17/23 For Sale $408,906 -- $184 / Sq Ft
Source: Doorify MLS

Tax 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.

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 $3,695 $387,505 $65,000 $322,505
2024 $3,681 $387,505 $65,000 $322,505
2023 $438 $271,646 $36,000 $235,646
2022 $401 $36,000 $36,000 $0
2021 $394 $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

  • PM

    Seller's Agent in 2023

    Patrick McKee

    McKee Realty

    (910) 672-7296

    296 Total Sales

    Patrick McKee
    Section Image
  • Latesh Patel Real Estate Agent - LP Realty

    Buyer's Agent in 2023

    Latesh Patel

    LP Realty

    (919) 342-9625

    194 Total Sales

    Latesh Patel
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2500359

Doorify MLS

APN: 1840.08-97-8531-000

North Carolina Wake County Wake Forest 27587

509 Toran Dr, Wake Forest, NC

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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