NOT LISTED FOR SALE

605 S Franklin St Wake Forest, NC 27587

Estimated Value: $673,000

4 Beds
3.5 Baths
2,563 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $662,450 $258 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,250/month

Highlights

  • Under Construction
  • Transitional Architecture
  • High Ceiling
  • Wake Forest High School Rated 9+
  • Wood Flooring
  • 4-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: 03/20/2024

Compass -- Raleigh

Co-Listed By

Laura Guld

Compass -- Raleigh License #316294

Last Buyer's Agent

Greg Ismay

Ismay Realty Group License #224626

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 24x72x24x72
  • No Units Located Below
  • No Unit Above or Below
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,563 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

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

Home Security

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1840588738

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Towne Properties Raleigh Association, Phone Number (919) 878-8787
  • Built by Concept 8, LLC
  • Forest On Franklin Subdivision, Plan 1

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,766

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Builder Name: Concept 8, LLC
  • Builder Model: Plan 1
  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Forest on Franklin
  • Above Grade Finished Sq Ft: 2563.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 24x72x24x72
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: 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
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-06-28
  • 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: Third
  • Room Types Bedroom 4 Level: Lower
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: 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
  • Interior Features Shower Only: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • General Property Information Association Phone: 919-878-8787
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 200.0
  • Property Condition Under Construction: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 2563.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Builder Name: Concept 8, LLC
  • General Property Information Builder Model: Plan 1
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Renovated: 2024

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: 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
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.04
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Patio And Porch Features: Covered, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: 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: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • 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 Raleigh
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties Raleigh
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • 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: 24x72x24x72
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1840588738

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Wake Forest

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $662,450 0.0% $258 / Sq Ft
03/20/2024 03/20/24 For Sale $662,450 -- $258 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
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 $5,766 $608,511 $80,000 $528,511
2024 $853 $91,400 $80,000 $11,400
2023 $662 $57,000 $57,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Johnny Chappell

    Seller's Agent in 2024

    Johnny Chappell

    Compass -- Raleigh

    (919) 737-2247

    25 in this area

    859 Total Sales

    Johnny Chappell
    Section Image
  • Laura Guld

    Seller Co-Listing Agent in 2024

    Laura Guld

    Compass -- Raleigh

    (954) 249-8641

    12 in this area

    109 Total Sales

    Laura Guld
    Section Image
  • Greg Ismay

    Buyer's Agent in 2024

    Greg Ismay

    Ismay Realty Group

    (919) 535-9180

    5 in this area

    23 Total Sales

    Greg Ismay
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10018169

Doorify MLS

APN: 1840.07-58-8738-000

North Carolina Wake County Wake Forest 27587

605 S Franklin St, Wake Forest, NC

This home is located at 605 S Franklin St, Wake Forest, NC 27587 since 20 March 2024 and is currently estimated at $673,000, approximately $262 per square foot. This property was built in 2024. 605 S Franklin St 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.

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