NOT LISTED FOR SALE

521 Gateway Townes Blvd Wake Forest, NC 27587

Estimated Value: $405,000 - $423,000

3 Beds
3.5 Baths
2,208 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $387,678 $176 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,718/month

66 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • High Ceiling
  • Transitional Architecture
  • 1 Fireplace
  • <<doubleOvenToken>>

About This Home

As of April 2022

The Polk 3 bed, 3.5 bath interior townhome main level features an open floor plan with a large living room, half bath and dining area. The kitchen includes stainless steel sink and appliance package with quartz 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: 09/23/2021

Last Buyer's Agent

Ron Ramanujam

Compass -- Cary License #332928

Compass -- Cary

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 2021 | 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

Interior Spaces

  • 2,208 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher

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
  • Kohn Ell Management Co. Association, Phone Number (919) 856-1844
  • The Townes At Gateway Commons Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,660

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$139 per month

Parking

1

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: The Townes at Gateway Commons
  • Above Grade Finished Sq Ft: 2208.0
  • 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: 2021-12-01
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: No
  • 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: 2208.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: High Ceilings, Smooth Ceilings
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:High Ceilings: 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

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Mar 3, 2022
Sold by
Mckee Homes Llc
Bought by
Kolluru Suneel and Chittimuri Deepika
Seller's Agent
Patrick McKee
McKee Realty
Buyer's Agent
Ron Ramanujam
Compass -- Cary
List Price
$387,678
Sold Price
$387,678
Current Estimated Value
$411,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,138
Avg. Annual Appreciation
1.81%
Original Mortgage
$287,008
Outstanding Balance
$272,878
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$138,446
Source: Public Records

Range of Values:

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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
Kolluru Suneel $383,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolluru Suneel $287,008
Closed Kolluru Suneel $287,008
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $387,678 -- --
04/01/2022 04/01/22 Sold $387,678 0.0% $176 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $387,678 -- $176 / 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 $3,660 $385,204 $65,000 $320,204
2023 $3,159 $270,165 $36,000 $234,165
2022 $1,209 $108,500 $36,000 $72,500
2021 $394 $36,000 $36,000 $0
2020 $394 $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patrick McKee

    McKee Realty

    (910) 672-7296

    50 in this area

    382 Total Sales

    Patrick McKee
    Section Image
  • Ron Ramanujam

    Buyer's Agent in 2022

    Ron Ramanujam

    Compass -- Cary

    (919) 491-8944

    4 in this area

    63 Total Sales

    Ron Ramanujam
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2409278

Doorify MLS

APN: 1840.08-97-9712-000

North Carolina Wake County Wake Forest 27587

521 Gateway Townes Blvd, Wake Forest, NC

This home is located at 521 Gateway Townes Blvd, Wake Forest, NC 27587 since 23 September 2021 and is currently estimated at $411,816, approximately $186 per square foot. This property was built in 2021. 521 Gateway Townes Blvd is a home located in Wake County with nearby schools including Wake Forest Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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