$395,553
SOLD SEP 6, 2022 RENTED MAR 21, 2025

616 Gateway Crossing Ln Wake Forest, NC 27587

3 Beds
3.5 Baths
2,222 Sq Ft
$139/mo HOA Fee

Recently Sold

$178 Per Sq Ft

81 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • Quartz Countertops
  • Transitional Architecture
  • High Ceiling
  • <<doubleOvenToken>>

About This Home

As of September 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

  • $3,717

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

  • 2,222 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Living Room
  • Dining Room

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

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

$3,717

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: 2222.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • 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: No
  • 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: 2022-04-01
  • 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: 2222.0
  • 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, Quartz Counters, Smooth Ceilings
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Acres: 0.03
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: 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

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $396,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $316,426 New Conventional
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

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Map

Source: Doorify MLS

MLS Number: 2409288

Doorify MLS

APN: 1850.01-07-0345-000