$396,367 - $442,000
RENTED MAR 21, 2025

616 Gateway Crossing Ln Wake Forest, NC 27587

3 Beds
3.5 Baths
2,222 Sq Ft
$184 Price per Sq Ft

Last Sold September 06, 2022

Last sale price $395,553 $178 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,570/month

Highlights

  • No HOA
  • Living Room
  • Central Air
  • 1 Car Attached Garage
  • Tile Flooring
  • Dining Room

About This Home

As of March 2025

Stunning townhome in Wake Forest! Beautiful entryway with a drop zone! First-floor bedroom with full bath and great extra storage! Absolutely beautiful main floor! The kitchen has amazing cabinet/countertop space, an island, tile backsplash & a lazy Susan! Open layout! The family room has a lot of natural light & fireplace! The third floor has two large dual main bedrooms! HUGE screen-in porch! Oversized one-car garage!

Last Agent to Rent the Property

Pamela Gainey

Oak City Properties License #236478 Listed on: 11/12/2024

Last Renter's Agent

Pam Madigan

Wilson West Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 2022

Lot Details

  • 1,307

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 2,222 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,095
  • Property Available on 1/17/25
  • Tenant pays for water

Community Details

Overview

  • No Home Owners Association
  • The Townes At Gateway Commons Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,717

Year Built

Built in 2022

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Water, Other
  • Lease Term: Other
  • Available Date: 2025-01-17

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential Lease
  • Subdivision Name: The Townes at Gateway Commons
  • Above Grade Finished Sq Ft: 2222.0
  • Unit Levels: Three Or More
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Room Types Dining Room2: Yes
  • Room Types Living Room2: Yes
  • Levels Three Or More: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2025-01-17
  • Contract Information Security Deposit2: 2095.0
  • General Property Information Above Grade Finished Area: 2222.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Structure Type Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2023
Sold by
Gupta Diptesh and Gupta Neha
Bought by
Mart Properties Llc
Current Estimated Value
$409,342

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jul 18, 2022
Sold by
Mckee Homes Llc
Bought by
Rao Archana
Seller's Agent
Patrick McKee
McKee Realty
Buyer's Agent
Ron Ramanujam
Compass -- Cary
List Price
$396,268
Sold Price
$395,553
Premium/Discount to List
-$715
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$316,426
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mart Properties Llc -- None Listed On Document
Rao Archana $396,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rao Archana $316,426
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Rented $2,095 0.0% --
03/04/2025 03/04/25 Under Contract -- -- --
01/10/2025 01/10/25 Price Changed $2,095 -99.9% $1 / Sq Ft
01/08/2025 01/08/25 Price Changed $2,195,095 +99904.3% $988 / Sq Ft
11/12/2024 11/12/24 For Rent $2,195 0.0% --
12/15/2023 12/15/23 Off Market $395,553 -- --
09/06/2022 09/06/22 Sold $395,553 -0.6% $178 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/03/2021 12/03/21 Price Changed $398,118 +0.5% $179 / Sq Ft
09/22/2021 09/22/21 For Sale $396,268 -- $178 / 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 $3,717 $391,291 $65,000 $326,291
2023 $3,215 $274,967 $36,000 $238,967
2022 $401 $36,000 $36,000 $0
2021 $394 $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2025

    Pamela Gainey

    Oak City Properties

    (919) 395-8588

    4 in this area

    27 Total Sales

    Pamela Gainey
    Section Image

  • P

    Tenant's Agent in 2025

    Pam Madigan

    Wilson West Agency

  • 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: 10063041

Doorify MLS

APN: 1850.01-07-0345-000

North Carolina Wake County Wake Forest 27587

616 Gateway Crossing Ln, Wake Forest, NC

This home is located at 616 Gateway Crossing Ln, Wake Forest, NC 27587 since 12 November 2024 and is currently priced at $409,342. This property was built in 2022. 616 Gateway Crossing Ln 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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