RENTED JAN 1, 2026

857 S Franklin St Wake Forest, NC 27587

Estimated Value: $326,781 - $344,000

3 Beds
2.5 Baths
1,800 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $291,500 $162 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,038/month

Highlights

  • Open Floorplan
  • Deck
  • Balcony
  • Wake Forest High School Rated A-
  • Granite Countertops
  • 3-minute walk to Kiwanis Park

About This Home

As of January 2026

Be in for the Holidays! Like-new 3-bedroom, 2.5-bath rental in downtown Wake Forest . Open floor plan, plenty of light and windows. Large kitchen island, gas stove, SS appliances. Washer and dryer included. Pet-friendly. Super over sized one car garage.

Last Agent to Rent the Property

Rose Turco

Just In Time License #188555 Listed on: 12/01/2025

Last Renter's Agent

Rose Turco

Just In Time License #188555 Listed on: 12/01/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021

Lot Details

  • 1,307 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • 1 Open Parking Space

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Laminate Flooring

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Schools

  • Wake Forest Elementary And Middle School
  • Wake Forest High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $1,895
  • Property Available on 12/1/25
  • Tenant pays for electricity, gas, insurance, sewer, trash collection, water, air and water filters
  • The owner pays for management
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 184010479018000 0475562

Community Details

Overview

  • Franklin Street Townes Subdivision
  • Park Phone (919) 608-0372

Pet Policy

  • Pet Deposit $125
  • $25 Pet Fee
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021

Lot Details

1,307 Sq Ft Lot

Parking

2

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance, Sewer, Trash Collection, Water, Air and Water Filters
  • Lease Term: 12 Months
  • Owner Pays: Management
  • Available Date: 2025-12-01

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential Lease
  • Horses: No
  • Subdivision Name: Franklin Street Townes
  • Above Grade Finished Sq Ft: 1800.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Upper
  • Room Types Bedroom 3 Level: Upper
  • Room Types Primary Bedroom Level: Upper
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Live in the heart of it all! This like-new 3-bedroom, 2.5-bath rental in downtown Wake Forest offers the perfect mix of style, comfort, and convenience. The open-concept layout is bright and inviting, with SS appliances, a gas stove, and updated lighting adding a modern touch. Upstairs, the spacious primary suite features a large walk-in closet and double vanities, while two additional bedrooms provide flexibility for guests, an office, or hobbies. The oversized garage easily accommodates two cars, and the location can't be beat—sidewalks, trails, shopping, dining, and entertainment are all just steps away. Washer and dryer included. Pets welcome!
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-12-01
  • Contract Information Security Deposit2: 1895.0
  • General Property Information Above Grade Finished Area: 1800.0
  • Contract Information ManagerOwner Phone: 919-608-0372
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Primary Bathroom Level: Upper
  • Cooling Ceiling Fan(s): Yes
  • Room Types Laundry2: Yes
  • General Property Information Lot Size Square Feet2: 1307.0
  • General Property Information Lot Size Acres: 0.03
  • Building Features Primary Walk-In Closet(s): Yes
  • Pets Allowed Yes2: Yes
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 1800.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, Open Floorplan, Pantry, Separate Shower, Smooth Ceilings, Walk-In Closet(s)
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: front
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes
  • Community Features:Sidewalks: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Exterior Features: Balcony
  • Fencing: None
  • Acres: 0.03
  • Common Walls: 2+ Common Walls
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Garage
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Central, Heat Pump
  • Green Building Features: Primary Walk-In Closet(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Management
  • Fees Application Fee: 50.0
  • Fees Pet Fee: 25.0
  • Fees Pet Deposit: 125.0

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 184010479018000 0475562

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jun 4, 2021
Sold by
Franklin Street Townes Llc
Bought by
Le Steven
Seller's Agent
Marc Iafrate
Capital Realty NC, INC
Buyer's Agent
Linnea Lockwood
Fathom Realty NC
List Price
$290,000
Sold Price
$291,500
Premium/Discount to List
$1,500
0.52%
Current Estimated Value
$336,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,945
Avg. Annual Appreciation
3.08%
Original Mortgage
$218,625
Outstanding Balance
$197,073
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,372
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Le Steven $291,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Steven $218,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2026 01/01/26 Rented $1,850 0.0% --
12/27/2025 12/27/25 Under Contract -- -- --
12/16/2025 12/16/25 Price Changed $1,850 -2.4% $1 / Sq Ft
12/01/2025 12/01/25 For Rent $1,895 0.0% --
12/15/2023 12/15/23 Off Market $291,500 -- --
06/07/2021 06/07/21 Sold $291,500 0.0% $162 / Sq Ft View Prior Sale
03/23/2021 03/23/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $291,500 +0.5% $162 / Sq Ft
11/12/2020 11/12/20 For Sale $290,000 -- $161 / 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
2025 $3,714 $338,907 $60,000 $278,907
2024 $3,702 $338,907 $60,000 $278,907
2023 $3,383 $258,268 $40,000 $218,268
2022 $3,260 $258,268 $40,000 $218,268
2021 $551 $44,600 $40,000 $4,600
2020 $0 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Rose Turco

    Landlord's Agent in 2026

    Rose Turco

    Just In Time

    (919) 608-0372

    33 Total Sales

    Rose Turco
    Section Image

  • M

    Seller's Agent in 2021

    Marc Iafrate

    Capital Realty NC, INC

    (919) 375-8005

    20 in this area

    42 Total Sales

    Marc Iafrate
    Section Image

  • L

    Buyer's Agent in 2021

    Linnea Lockwood

    Fathom Realty NC

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10135383

Doorify MLS

APN: 1840.10-47-9018-000

North Carolina Wake County Wake Forest 27587

857 S Franklin St, Wake Forest, NC

Not Listed for Sale

Townhouses

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