Angela Hanks
The Real Estate Co. NC | VA
(984) 256-7021
70 Total Sales
1 in Falls Lake
$825,000 Price
7216 Rabbit Run Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $532,000 - $632,000
3
Beds
2
Baths
1,700
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Granite Flooring
- Main Floor Bedroom
- Richland Creek Elementary School Rated A-
- Cape Cod Architecture
- Private Yard
About This Home
As of September 2025Welcome to Rabbit Run! Where lifestyle, location, and versatility meet. This one-of-a-kind property offers a rare combination of multi-generational living, income potential, and serene privacy, all just minutes from shopping, dining, top-rated schools, and Forest Ridge Park. Nestled on a peaceful, tree-lined cul-de-sac, this charming 3 bedroom 2 bath home features an updated chef's kitchen with high-end stainless steel appliances, including a GE Café refrigerator, Italian French-door range, pot filler, farm sink, live-edge butcher block counters, and a spacious pantry. The bright, inviting living room showcases lovely wainscoting and a cozy wood-burning fireplace. Potential for a primary bedroom on the main level, with generously sized bedrooms throughout and ample storage, including five attic spaces. Upgrades continue throughout the home, with both bathrooms beautifully remodeled using upscale finishes. A standout feature is the separate studio apartment above the garage, complete with a private entrance—ideal for in-laws, Airbnb, or long-term rental. There's also a detached cottage with a wraparound deck—perfect for remote work, creative space, or even a small business. Step into your private backyard retreat featuring a heated saltwater pool, outdoor bar, Trex deck, and ambient lighting—an entertainer's dream surrounded by forest views. The oversized two-car garage, RV/boat parking, clean wrapped crawlspace, and French drains add peace of mind and convenience. No HOA and no city taxes! This property offers flexibility, income opportunity, and a lifestyle you'll love. More than a home—Rabbit Run is a rare opportunity.
Last Agent to Sell the Property
Keller Williams Realty License #277338 Listed on: 06/26/2025
Co-Listed By
Jennifer Sakell
Keller Williams Realty License #356751
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,998
Year Built
- Built in 1985
Lot Details
- 39,639 Sq Ft Lot
- Cul-De-Sac
- Wood Fence
- Private Yard
Parking
- 2 Car Detached Garage
- Oversized Parking
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Shingle Roof
- Cedar
Interior Spaces
- 1,700 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling Fan
- Wood Burning Fireplace
- Living Room
- Breakfast Room
- Combination Kitchen and Dining Room
- Basement
- Crawl Space
Flooring
- Wood
- Carpet
- Granite
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Separate Outdoor Workshop
- Rain Gutters
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Horseshoe Bend Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831.03-21-8197.000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2025
Closed on
Aug 27, 2025
Sold by
Colonna Thomas and Colonna Laura
Bought by
Seller's Agent
Caren Fried
Keller Williams Realty
Buyer's Agent
Laura Lennon
RE/MAX Capital
List Price
$600,000
Sold Price
$600,000
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,484
Avg. Annual Appreciation
-0.58%
Original Mortgage
$80,000
Outstanding Balance
$79,292
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$517,224
Purchase Details
Listed on
Jul 16, 2023
Closed on
Aug 29, 2023
Sold by
King Annette Young
Bought by
Colonna Laura and Colonna Thomas
Seller's Agent
Barry Wilkins
Howard Hanna Allen Tate LAKE ROYALE
Buyer's Agent
Penny Stockbridge
Wills Hancock Properties, Inc
List Price
$469,000
Sold Price
$469,000
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Purchase Details
Closed on
Aug 29, 2011
Sold by
Wilson Ryan M and Wilson April
Bought by
Solimine Annette E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,789
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 1, 2009
Sold by
Stinnett Linda D
Bought by
Wilson Ryan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Falls Lake, NC
-
Angela Hanks
-
Cindie Burns
Cindie Burns
Coldwell Banker Advantage
(877) 705-1140
71 Total Sales
1 in Falls Lake
$436,000 Price
-
Jami Amidon
Jami Amidon
Keller Williams Realty
(984) 368-5312
85 Total Sales
3 in Falls Lake
$335K - $405K Price Range
-
Shonda Smith
Shonda Smith
Premier Agents Network
(833) 971-2797
24 Total Sales
1 in Falls Lake
$879,990 Price
-
Tina Barletta
Tina Barletta
HomeTowne Realty Clayton East
(984) 789-4620
242 Total Sales
2 in Falls Lake
$610K - $865K Price Range
-
Irene Mistretta
Irene Mistretta
Kai Realty & Design LLC
(984) 228-2106
145 Total Sales
4 in Falls Lake
$834K - $1.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $600,000 | Attorneys Title | ||
| Colonna Laura | $469,000 | None Listed On Document | |
| Solimine Annette E | $210,000 | None Available | |
| Wilson Ryan M | $200,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $80,000 | ||
| Previous Owner | Solimine Annette E | $200,789 | |
| Previous Owner | Wilson Ryan M | $204,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/05/2025 09/05/25 | Sold | $600,000 | 0.0% | $353 / Sq Ft | |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- | |
| 06/26/2025 06/26/25 | For Sale | $600,000 | +27.9% | $353 / Sq Ft | |
| 12/18/2023 12/18/23 | Off Market | $469,000 | -- | -- | |
| 09/05/2023 09/05/23 | Sold | $469,000 | 0.0% | $272 / Sq Ft | View Prior Sale |
| 07/17/2023 07/17/23 | Pending | -- | -- | -- | |
| 07/15/2023 07/15/23 | For Sale | $469,000 | -- | $272 / Sq Ft |
Source: Doorify MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,088 | $479,619 | $105,000 | $374,619 |
| 2024 | $2,998 | $479,619 | $105,000 | $374,619 |
| 2023 | $2,261 | $287,479 | $70,000 | $217,479 |
| 2022 | $2,096 | $287,479 | $70,000 | $217,479 |
| 2021 | $2,040 | $287,479 | $70,000 | $217,479 |
| 2020 | $2,006 | $287,479 | $70,000 | $217,479 |
| 2019 | $2,228 | $270,323 | $88,000 | $182,323 |
| 2018 | $2,049 | $270,323 | $88,000 | $182,323 |
| 2017 | $1,942 | $270,323 | $88,000 | $182,323 |
| 2016 | $1,903 | $270,323 | $88,000 | $182,323 |
| 2015 | $1,734 | $290,013 | $100,000 | $190,013 |
| 2014 | $1,228 | $290,013 | $100,000 | $190,013 |
Source: Public Records
Agents Affiliated with this Home
-
Caren Fried
Seller's Agent in 2025
Caren Fried
Keller Williams Realty
(919) 964-0732
7 in this area
159 Total Sales
-
JS
Seller Co-Listing Agent in 2025
Jennifer Sakell
Keller Williams Realty
-
Laura Lennon
Buyer's Agent in 2025
Laura Lennon
RE/MAX
(919) 389-4242
8 in this area
150 Total Sales
-
Barry Wilkins
Seller's Agent in 2023
Barry Wilkins
Howard Hanna Allen Tate LAKE ROYALE
(919) 349-8603
8 in this area
365 Total Sales
-
Dan Gunther
Seller Co-Listing Agent in 2023
Dan Gunther
Howard Hanna Allen Tate LAKE ROYALE
(919) 497-2201
6 in this area
357 Total Sales
-
Penny Stockbridge
PS
Buyer's Agent in 2023
Penny Stockbridge
Wills Hancock Properties, Inc
(919) 691-8454
1 in this area
20 Total Sales
Map
Source: Doorify MLS
MLS Number: 10105652
APN: 1831.03-21-8197-000
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.
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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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