Seller's Agent in 2025
Megan Crean
Realty World Carolina Prop
(919) 880-3780
7 in this area
98 Total Sales
7217 Rabbit Run Wake Forest, NC 27587
Falls Lake Neighborhood
3
Beds
2.5
Baths
2,440
Sq Ft
1.95
Acres
Highlights
- 1.95 Acre Lot
- Wood Burning Stove
- Wood Flooring
- Richland Creek Elementary School Rated A-
- Transitional Architecture
- No HOA
About This Home
As of March 2025ONE-OF-A-KIND HOME and PROPERTY!!! 3 br, 2.5 ba home on ***1.95 acres***; PLUS 2 rooms unpermitted on 3rd floor and unfinished daylight basement; Freshly painted inside and out; NEW carpet; NEW lighting; 2 Fireplaces each with a woodburning stove; Site built hardwoods downstairs; Granite countertops; Oversized primary bedroom with en suite bath, dual vanity and walk-in-closet; ;Large deck with screened porch overlooking the serene backyard; This is the largest lot in the Horseshoe Bend subdivision; This tranquil neighborhood has ZERO restrictions, bring your business, your animals, etc; Room to add a garage, pool, expand the house itself; Minutes to shopping, groceries, hotels - 15 min to Raleigh, 30 min to RTP/airport; In the heart of everything without all of the noise AND without city taxes! This home has been well loved by the same owners for 30+ years, it's ready for its new owners to live their lives there! Privacy Galore! A MUST SEE!!!**This home has a 4 bedroom septic already in place**
Last Agent to Sell the Property
Realty World Carolina Prop License #274564 Listed on: 01/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,784
Year Built
- Built in 1986
Lot Details
- 1.95 Acre Lot
Home Design
- Transitional Architecture
- Traditional Architecture
- Concrete Foundation
- Block Foundation
- Shingle Roof
- Masonite
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Wood Burning Stove
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
Basement
- Walk-Out Basement
- Sump Pump
- Block Basement Construction
- Basement Storage
- Natural lighting in basement
Parking
- 4 Parking Spaces
- 3 Open Parking Spaces
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Central Air
- Heat Pump System
- Private Water Source
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Horseshoe Bend Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831206817
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2025
Closed on
Mar 17, 2025
Sold by
Fowler Sheila H
Bought by
Maas Nathan W and Maas Catalina
Seller's Agent
Megan Crean
Realty World Carolina Prop
Buyer's Agent
mary kromenhoek
Coldwell Banker HPW
List Price
$539,900
Sold Price
$531,000
Premium/Discount to List
-$8,900
-1.65%
Views
182
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
-$4,685
Avg. Annual Appreciation
-1.16%
Original Mortgage
$515,070
Outstanding Balance
$512,474
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$13,841
Purchase Details
Closed on
Jul 26, 2001
Sold by
Fowler Thomas J
Bought by
Fowler Sheila H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.08%
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 | $531,000 | None Listed On Document | |
| Interfamily Deed Transfer | $11,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $515,070 | New Conventional | |
| Previous Owner | $114,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $531,000 | -1.6% | $218 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/27/2025 01/27/25 | For Sale | $539,900 | -- | $221 / 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 |
|---|---|---|---|---|
| 2025 | $2,867 | $452,752 | $115,500 | $337,252 |
| 2024 | $2,784 | $445,099 | $115,500 | $329,599 |
| 2023 | $2,097 | $266,402 | $77,000 | $189,402 |
| 2022 | $1,944 | $266,402 | $77,000 | $189,402 |
| 2021 | $1,892 | $266,402 | $77,000 | $189,402 |
| 2020 | $1,861 | $266,402 | $77,000 | $189,402 |
| 2019 | $2,123 | $257,521 | $96,800 | $160,721 |
| 2018 | $1,952 | $257,521 | $96,800 | $160,721 |
| 2017 | $1,851 | $257,521 | $96,800 | $160,721 |
| 2016 | $1,814 | $257,521 | $96,800 | $160,721 |
| 2015 | $1,833 | $261,077 | $100,000 | $161,077 |
| 2014 | $1,738 | $261,077 | $100,000 | $161,077 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Crean
-
mary kromenhoek
m
Buyer's Agent in 2025
mary kromenhoek
Coldwell Banker HPW
(919) 244-7343
1 in this area
143 Total Sales
Map
Source: Doorify MLS
MLS Number: 10073030
APN: 1831.03-20-6817-000
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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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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