$398,524 - $445,000
RENTED MAR 21, 2025

616 Gateway Crossing Ln Wake Forest, NC 27587

3 Beds
4 Baths
2,222 Sq Ft
$186 Price per Sq Ft

Last Sold September 06, 2022

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

Est. 5% increase in value since last sale

Current estimated payment $2,505/month

About This Home

As of September 2022

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!

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
$413,631

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
1.69%
Original Mortgage
$316,426
Interest Rate
3.75%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

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

    Seller's Agent in 2025

    Pamela Gainey

    Oak City Properties

    (919) 395-8588

    4 in this area

    26 Total Sales

    Pamela Gainey
    Section Image

  • P

    Buyer'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

    374 Total Sales

    Patrick McKee
    Section Image
  • Ron Ramanujam

    Buyer's Agent in 2022

    Ron Ramanujam

    Compass -- Cary

    (919) 491-8944

    4 in this area

    59 Total Sales

    Ron Ramanujam
    Section Image
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Map

North Carolina Wake County Wake Forest 27587

616 Gateway Crossing Ln, Wake Forest, NC

Homes for Sale in Wake Forest, NC

This home is located at 616 Gateway Crossing Ln, Wake Forest, NC 27587 and is currently estimated at $413,631, approximately $186 per square foot. 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.