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**
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
Basement
- Walk-Out Basement
- Sump Pump
- 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
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
| 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 | $2,784 | $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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $515,070 | New Conventional | |
| Previous Owner | $8,000 | Unknown | |
| Previous Owner | $133,500 | Unknown | |
| Previous Owner | $114,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $531,000 | None Listed On Document | |
| Interfamily Deed Transfer | $11,500 | -- |
Source: Public Records
Similar Homes in Wake Forest, NC
Source: Doorify MLS
MLS Number: 10073030
APN: 1831.03-20-6817-000
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