7200 Rabbit Run Wake Forest, NC 27587
Falls Lake Neighborhood
3
Beds
2
Baths
2,206
Sq Ft
0.98
Acres
Highlights
- Deck
- Transitional Architecture
- Bonus Room
- Richland Creek Elementary School Rated A-
- Bamboo Flooring
- Corner Lot
About This Home
As of June 2025Discover comfort and convenience in this charming updated ranch in Horseshoe Bend, just minutes from downtown Wake Forest, Raleigh, and I-540! The inviting foyer leads to a spacious family room perfect for everyday living and entertaining. The chefs kitchen is framed by detailed columns and features granite counters, abundant amount of cabinets, an electric range, tile backsplash, and refrigerator conveys. Enjoy the dining area overlooking the backyard and deck. The private primary suite offers a walk-in shower. Two additional bedrooms share a full bath. Downstairs offers a large bonus room with many options from a workout area to an office. The fenced flat backyard includes a cozy deck, perfect for grilling and outdoor fun. This home blends style, function, and location for your ideal lifestyle! NO HOA & NO CITY TAXES. Kitchen renovation, Deck & Laundry room addition/renovation not permitted.
Last Agent to Sell the Property
Allen Tate/Wake Forest License #268047 Listed on: 04/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,860
Year Built
- Built in 1984 | Remodeled
Lot Details
- 0.98 Acre Lot
- Property fronts a state road
- Fenced Yard
- Wood Fence
- Wire Fence
- Landscaped
- Corner Lot
- Cleared Lot
- Back Yard
- Property is zoned R-40W
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
- 1 Open Parking Space
Home Design
- Transitional Architecture
- Block Foundation
- Shingle Roof
- Radon Mitigation System
Interior Spaces
- 1-Story Property
- Crown Molding
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Insulated Windows
- Entrance Foyer
- Family Room with Fireplace
- Dining Room
- Bonus Room
- Laundry Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Bamboo
- Wood
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Attic
- Attic Floors
- Pull Down Stairs to Attic
Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior Basement Entry
- Natural lighting in basement
Home Security
- Smart Thermostat
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Exterior Lighting
- Rain Gutters
- Front Porch
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Dehumidifier
- Forced Air Heating System
- Heat Pump System
- Well
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Horseshoe Bend Subdivision
Listing and Financial Details
- Assessor Parcel Number 0119086
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
May 30, 2025
Sold by
Corah Mark and Corah Michelle
Bought by
Arroyo Israel Antonio and Arroyo Aglika Krassimirova
Seller's Agent
Jeff Garrett
Allen Tate/Wake Forest
Buyer's Agent
Dolly Helbert
EXP Realty LLC
List Price
$462,000
Sold Price
$467,000
Premium/Discount to List
$5,000
1.08%
Total Days on Market
2
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
300.25%
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$393,640
Purchase Details
Closed on
Jul 15, 2019
Sold by
Riebe Katherine Marie
Bought by
Corah Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,305
Interest Rate
3.9%
Mortgage Type
VA
Purchase Details
Closed on
Sep 17, 2013
Sold by
Mcknig Jesse Fred and Mcknig Edith R
Bought by
Riebe Katherine Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 10, 2006
Sold by
Mckaig Stephen Walter and Mckaig Sonya
Bought by
Mckaig Jesse Fred and Mckaig Edith R
Purchase Details
Closed on
Sep 19, 2002
Sold by
Mckaig Jesse Fred and Mckaig Edith R
Bought by
Mckaig Stephen Walter and Mckaig Benjamin Fred
Similar Homes in Wake Forest, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $467,000 | None Listed On Document | |
| Warranty Deed | $282,000 | None Available | |
| Warranty Deed | $200,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $85,000 | New Conventional | |
| Previous Owner | $287,795 | VA | |
| Previous Owner | $291,305 | VA | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $467,000 | +1.1% | $212 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $462,000 | -- | $209 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,860 | $457,345 | $89,250 | $368,095 |
| 2023 | $2,298 | $292,110 | $59,500 | $232,610 |
| 2022 | $2,130 | $292,110 | $59,500 | $232,610 |
| 2021 | $2,073 | $292,110 | $59,500 | $232,610 |
| 2020 | $2,038 | $292,110 | $59,500 | $232,610 |
| 2019 | $1,940 | $235,092 | $74,800 | $160,292 |
| 2018 | $1,784 | $235,092 | $74,800 | $160,292 |
| 2017 | $1,692 | $235,092 | $74,800 | $160,292 |
| 2016 | $1,657 | $235,092 | $74,800 | $160,292 |
| 2015 | $1,798 | $256,056 | $100,000 | $156,056 |
| 2014 | $1,705 | $256,056 | $100,000 | $156,056 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Garrett
Seller's Agent in 2025
Jeff Garrett
Allen Tate/Wake Forest
(919) 995-8613
7 in this area
66 Total Sales
-
Dolly Helbert
Buyer's Agent in 2025
Dolly Helbert
EXP Realty LLC
(919) 610-1705
1 in this area
159 Total Sales
-
Armand Lenchek
Buyer Co-Listing Agent in 2025
Armand Lenchek
EXP Realty LLC
(919) 624-3692
3 in this area
245 Total Sales
Map
Source: Doorify MLS
MLS Number: 10092816
APN: 1831.03-30-3723-000
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