$342,000
RENTED JUL 30, 2025

720 Gimari Dr Wake Forest, NC 27587

3 Beds
3.5 Baths
1,733 Sq Ft
$197 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Richland Creek Elementary School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2025

This three-story 3 bedroom 4bath 1car garage home hasupgraded design options including hardwood stairs from1st to 2nd fl, crown molding, quartz countertops, oversized glazed porcelain tiles in baths and,stainless steel appliances. 1st floor has private guest suite with full bath! Home is within walking distance to Joyner Park, shopping, restaurants and more.

Last Agent to Rent the Property

Narsa Gaddam

Primus Realty LLC License #253105 Listed on: 06/18/2025

Last Renter's Agent

Narsa Gaddam

Primus Realty LLC License #253105 Listed on: 06/18/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 2023

Lot Details

  • Vinyl Fence
  • Wood Fence

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Interior Spaces

  • 1,733 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Additional Features

  • Deck
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,950
  • Property Available on 8/1/25
  • Tenant pays for all utilities, water
  • The owner pays for association fees
  • 12 Month Lease Term
  • $50 Application Fee

Community Details

Overview

  • No Home Owners Association
  • Devon Square Subdivision

Pet Policy

  • Pets Allowed
  • $300 Pet Fee

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,863

Year Built

Built in 2023

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: All Utilities, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2025-08-01

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential Lease
  • Subdivision Name: Devon Square
  • Above Grade Finished Sq Ft: 1733.0
  • Entry Level: 1
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: Third
  • Flooring Wood: Yes
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-08-01
  • Contract Information Security Deposit2: 1950.0
  • General Property Information Above Grade Finished Area: 1733.0
  • Building Features Accepts Section 8 Voucher: No
  • Structure Type Townhouse: Yes
  • Fencing Vinyl2: Yes
  • Fencing Wood2: Yes
  • Pets Allowed Yes2: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Built-In Range, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 1
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes
  • Appliances:Built-In Range: Yes

Exterior Features

  • Exterior Features: None
  • Fencing: Vinyl, Wood
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:None6: Yes

Garage/Parking

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

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association: No
  • Fees Application Fee: 50.0
  • Fees Pet Fee: 300.0

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: No

Schools

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

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Lennar Carolina Llc
Bought by
Gande Srinivasulu and Gande Keerthi
Current Estimated Value
$342,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,262
Outstanding Balance
$241,287
Interest Rate
5.22%
Estimated Equity
$100,713
Source: Public Records

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 Buyer Sale Price Title Company
Gande Srinivasulu $337,000 Jackson Law Pc
Gande Srinivasulu $337,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gande Srinivasulu $252,262
Closed Gande Srinivasulu $252,262
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Rented $1,895 0.0% --
07/11/2025 07/11/25 Price Changed $1,895 -2.8% $1 / Sq Ft
06/18/2025 06/18/25 For Rent $1,950 +5.4% --
12/18/2023 12/18/23 Off Market $1,850 -- --
03/23/2023 03/23/23 Rented $1,850 0.0% --
03/20/2023 03/20/23 Rented $1,850 0.0% --
03/04/2023 03/04/23 For Rent $1,850 -- --
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 $2,863 $299,814 $60,000 $239,814
2023 $2,856 $244,032 $45,000 $199,032
2022 $75 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2025

    Narsa Gaddam

    Primus Realty LLC

    (919) 491-4431

    4 in this area

    194 Total Sales

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Map

Source: Doorify MLS

MLS Number: 10103830

Doorify MLS

APN: 1841.05-18-2722-000

North Carolina Wake County Wake Forest 27587

720 Gimari Dr, Wake Forest, NC

This home is located at 720 Gimari Dr, Wake Forest, NC 27587 since 18 June 2025 and is currently priced at $342,000. This property was built in 2023. 720 Gimari Dr is a home located in Wake County with nearby schools including Richland Creek 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.

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