NOT LISTED FOR SALE

601 S Franklin St Wake Forest, NC 27587

Wake Forest Area

Estimated Value: $682,000 - $725,000

4 Beds
4.5 Baths
2,843 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2024

Last sale price $688,500 $242 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,544 / mo

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Wake Forest High School Rated A-
  • Transitional Architecture
  • 3-minute walk to Kiwanis Park

About This Home

As of June 2024

Wake up, Wake Forest! A refreshingly modern take on sweet suburban living is sprouting on the cusp of Downtown. Welcome to The Forest on Franklin. This twelve-townhome collection was crafted by local building experts and curated to complement the existing community. But don't mistake cohesion as being cookie-cutter. These boutique builds break from typical farmhouse-styling to embrace a refined twist on tradition, emboldened by modern accents at every turn.

While every home is equipped with two-car garages, screened-in porches and ample flex space, three distinct plans offer differing treatments for the 2,500+ SQ FT of light-flooded living space. From elevators (in select plans) to varying 3-4 BR options, each layout offers its own take on high-style, low-maintenance living. Intuitively hybrid. Holistically inclined. And with neighbors like Downtown WF & Falls Lake? Balancing work & play is a breeze. Embed yourself in the booming brewery culture, or break a sweat on the trails - there's plenty to see only seconds away. Plus, commuter-friendly access to DTR & RTP guarantees you're never far from the action.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 12/11/2023

Compass -- Raleigh

Co-Listed By

Laura Guld

Compass -- Raleigh License #316294

Last Buyer's Agent

Sandy Brown

Long & Foster Real Estate INC/Raleigh License #177231

Long & Foster Real Estate INC/Raleigh

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1,525 Sq Ft Lot
  • Lot Dimensions are 21x72x21x72
  • End Unit
  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • 1 Open Parking Space

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Board and Batten Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,843 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Accessible Elevator Installed
  • No or Low VOC Paint or Finish
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 1840588852

Community Details

Overview

  • Association fees include ground maintenance, road maintenance
  • Towne Properties Releigh Association, Phone Number (919) 878-8787
  • Built by Concept 8, LLC
  • Forest On Franklin Subdivision, Plan 3
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024 | New Construction

Lot Details

1,525 Sq Ft Lot

HOA Fees

$200 per month

Parking

2

Listing Details

  • Builder Name: Concept 8, LLC
  • Builder Model: Plan 3
  • Year Built: 2024
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Forest on Franklin
  • Above Grade Finished Sq Ft: 2843.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 21x72x21x72
  • 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-03-29
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Third
  • Room Types Bedroom 3 Level: Lower
  • Room Types Bedroom 4 Level: Additional
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Third
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Wake up, Wake Forest! A refreshingly modern take on sweet suburban living is sprouting Downtown. Meet The Forest on Franklin. Here, home boasts two-car garages, screened-in decks & ample flex, but 3 distinct plans offer varying layouts for the 2,500+ SQ FT of light-flooded living space. From elevators (in select plans) to varying 3-4 BR options, pick your favorite high-style, low-maintenance energy. Plus, with neighbors Downtown WF & Falls Lake? You're blocks away from fun. More at forestonfranklin.com
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • General Property Information Association Phone: 919-878-8787
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 200.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 2843.0
  • General Property Information Main Level Bedrooms: 1
  • Cooling Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Square Feet2: 1524.6
  • General Property Information Lot Size Acres: 0.035
  • Cooling Multi Units: Yes
  • General Property Information Stories2: 4
  • General Property Information:Living Area3: 2843.0
  • General Property Information Builder Name: Concept 8, LLC
  • General Property Information Builder Model: Plan 3
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 4
  • Year Renovated: 2024

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Elevator, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Main Level Bedrooms: 1
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Lighting
  • Acres: 0.04
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Lighting: Yes
  • Accessibility Features:Accessible Elevator Installed: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Garage Faces Rear
  • Total Parking Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Forced Air, Heat Pump, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Dual, Electric, Heat Pump, Multi Units, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Properties Releigh
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties Releigh
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Management: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 21x72x21x72
  • Lot Size Sq Ft: 1524.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 1840588852

Tax Info

  • Tax Year: 2023

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

Listed on
Dec 11, 2023
Closed on
Jun 3, 2024
Sold by
Bought by
Seller's Agent
Johnny Chappell
Compass -- Raleigh
Buyer's Agent
Sandy Brown
Long & Foster Real Estate INC/Raleigh
List Price
$688,500
Sold Price
$688,500
Views
2
Current Estimated Value
$707,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,928
Avg. Annual Appreciation
1.28%
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

  • Ezio Mariani Real Estate Agent - Wieland Properties, Inc.

    Ezio Mariani

    Wieland Properties, Inc.

    (984) 500-2758

    45 Total Sales

    1 in Wake Forest

    $273,000 Price

    Ezio Mariani
     Section Image
  • Jeremy Cleveland Real Estate Agent - Keller Williams Elite Realty

    Jeremy Cleveland

    Keller Williams Elite Realty

    (984) 867-2258

    213 Total Sales

    3 in Wake Forest

    $220K - $617K Price Range

    Jeremy Cleveland
     Section Image
  • Matt Perry Real Estate Agent - Keller Williams Elite Realty

    Matt Perry

    Keller Williams Elite Realty

    (984) 228-2970

    753 Total Sales

    43 in Wake Forest

    $268K - $1.4M Price Range

    Matt Perry
     Section Image
  • Keith Gunter Real Estate Agent - Berkshire Hathaway HomeService

    Keith Gunter

    Berkshire Hathaway HomeService

    (866) 614-1684

    148 Total Sales

    2 in Wake Forest

    $525K - $590K Price Range

    Keith Gunter
     Section Image
  • Karen Wishon Real Estate Agent - Raleigh Custom Realty, LLC

    Karen Wishon

    Raleigh Custom Realty, LLC

    (984) 777-8290

    19 Total Sales

    1 in Wake Forest

    $438,000 Price

    Karen Wishon
     Section Image
  • Linda Craft Real Estate Agent - Linda Craft Team, REALTORS

    Linda Craft

    Linda Craft Team, REALTORS

    (984) 459-7445

    783 Total Sales

    55 in Wake Forest

    $240K - $1.2M Price Range

    Linda Craft
     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
$688,500 None Listed On Document
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
06/14/2024 06/14/24 Sold $688,500 0.0% $242 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $688,500 -- $242 / 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 $5,460 $629,227 $80,000 $549,227
2024 $864 $92,600 $80,000 $12,600
2023 $662 $57,000 $57,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Johnny Chappell Real Estate Agent - Compass -- Raleigh

    Seller's Agent in 2024

    Johnny Chappell

    Compass -- Raleigh

    (919) 737-2247

    908 Total Sales

    Johnny Chappell
    Section Image
  • Laura Guld Real Estate Agent - Compass -- Raleigh

    Seller Co-Listing Agent in 2024

    Laura Guld

    Compass -- Raleigh

    (954) 249-8641

    139 Total Sales

    Laura Guld
    Section Image
  • Sandy Brown Real Estate Agent - Long & Foster Real Estate INC/Raleigh

    Buyer's Agent in 2024

    Sandy Brown

    Long & Foster Real Estate INC/Raleigh

    (919) 218-2233

    39 Total Sales

    Sandy Brown
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10001775

Doorify MLS

APN: 1840.07-58-8852-000

North Carolina Wake County Wake Forest 27587

601 S Franklin St, Wake Forest, NC

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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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