NOT LISTED FOR SALE

804 Laurel Gate Dr Wake Forest, NC 27587

Estimated Value: $358,000

3 Beds
2.5 Baths
1,800 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $375,000 $208 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,317/month

5 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Granite Countertops
  • Wake Forest High School Rated A-
  • High Ceiling
  • 3-minute walk to Kiwanis Park

About This Home

As of September 2023

NEW CONSTRUCTION, BACKS TO WOODS! Walk to downtown Wake Forest, greenway trails and parks! The community features plenty of green space and a central square for leisurely strolls through the neighborhood. Enjoy 2 picnic areas overlooking greenspace! Near new Wegmans. Open modern floor plan allowing tons of natural light. Enjoy your privacy on your 2 covered decks overlooking woods (which is rare in a town home!), luxury vinyl plank flooring, custom touches include custom coffee bar and custom accent wall in foyer, Large luxury master suite and bath with large walk-in shower, 2-1/2 car garage and 2 car driveway! Extra storage/workshop area in garage, custom built convenience center, designer upgrades throughout, Stainless steel appliances, gas range and gas furnace! 1Gb Fiber internet & 4 cat5 hard wired drops.

Last Agent to Sell the Property

Marc Iafrate

Capital Realty NC, INC License #251362 Listed on: 12/30/2021

Last Buyer's Agent

Arun Baskaradoss

Red Olive Properties License #283625

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,307 Sq Ft Lot
  • Landscaped

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Stem Wall Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Multi-Level Property
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Outdoor Features

  • Covered Patio or Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Franklin St Townes HOA
  • Franklin Street Townes Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Franklin Street Townes
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: per GIS or buyer survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-09-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: New construction in popular Franklin Street Townes, walk to downtown Wake Forest! Near new Wegmans. Open modern floor plan w/ tons of natural light. 2-tier cvrd decks, LVP flooring, gas range, custom touches include coffee bar w/ open shelving. Home backs to woods, large walk-in shower, oversized 2 car gar and 2 car driveway,9' clgs, extra storage area in garage, custom built convenience cntr, designer lighting & upgrades, 1Gb Fiber internet & 4 cat5 drops- www.FranklinStreetTownes.com 919-390-7810
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 1800.0
  • General Property Information Carport YN: No
  • Foundation Details Stem Walls: Yes
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • General Property Information:Living Area3: 1800.0
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Acres: 0.03
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Stem Walls
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: Franklin St Townes HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Franklin St Townes HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: per GIS or buyer survey
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Sep 19, 2023
Sold by
Franklin Street Townes Llc
Bought by
Reddy Chintakunta Sandeep
Seller's Agent
Marc Iafrate
Capital Realty NC, INC
Buyer's Agent
Arun Baskaradoss
Red Olive Properties
List Price
$375,000
Sold Price
$375,000
Views
53
Current Estimated Value
$358,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,000
Avg. Annual Appreciation
-2.07%
Original Mortgage
$281,250
Outstanding Balance
$275,429
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$82,571
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Reddy Chintakunta Sandeep $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Chintakunta Sandeep $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $375,000 -- --
09/29/2023 09/29/23 Sold $375,000 0.0% $208 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $375,000 -- $208 / Sq Ft
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
2025 $3,795 $346,355 $60,000 $286,355
2024 $3,782 $346,355 $60,000 $286,355
2023 $2,110 $261,949 $40,000 $221,949
2022 $502 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marc Iafrate

    Capital Realty NC, INC

    (919) 886-7355

    22 in this area

    42 Total Sales

    Marc Iafrate
    Section Image

  • A

    Buyer's Agent in 2023

    Arun Baskaradoss

    Red Olive Properties

    (919) 345-2239

    1 in this area

    48 Total Sales

    Arun Baskaradoss
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2424700

Doorify MLS

APN: 1840.11-57-1257-000

North Carolina Wake County Wake Forest 27587

804 Laurel Gate Dr, Wake Forest, NC

Not Listed for Sale

Townhouses

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