NOT LISTED FOR SALE

996 Gateway Commons Cir Wake Forest, NC 27587

Estimated Value: $395,550 - $425,000

3 Beds
3.5 Baths
2,208 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $368,925 $167 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,727/month

77 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • High Ceiling
  • Transitional Architecture
  • 1 Fireplace
  • Double Oven

About This Home

As of December 2021

The Polk 3 bed, 3.5 bath interior townhome main level features an open floorplan with large living room, half bath and dining area. The kitchen includes stainless steel sink and appliance package with quartz countertops and island for additional counter space. The large covered outdoor living area with privacy walls is perfect for entertaining or just relaxing outside in the fresh air and sunshine. [Polk]

Last Listed By

Patrick McKee

McKee Realty License #295779 Listed on: 04/30/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 55x17.7x55x17.7

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Kohn Ell Management Co. Association, Phone Number (919) 856-1844
  • The Townes At Gateway Commons Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,566

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$139 per month

Parking

1

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: The Townes at Gateway Commons
  • Above Grade Finished Sq Ft: 2208.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 55x17.7x55x17.7
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-09-01
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 3
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 3
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-856-1844
  • Flooring Laminate: Yes
  • Levels Three Or More: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 2208.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: High Ceilings, Smooth Ceilings
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Heat Pump, None
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 1668.0
  • Association Fee Frequency: Annually
  • Association Name: Kohn-Ell Management Co.
  • Phone: 919-856-1844
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Kohn-Ell Management Co.
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1668.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 55x17.7x55x17.7
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Wake Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Nov 3, 2021
Sold by
Mckee Homes Llc
Bought by
Simmons Jessica Melinda
Seller's Agent
Patrick McKee
McKee Realty
Buyer's Agent
Eric Morton
Morton Bradbury Real Estate Group
List Price
$354,925
Sold Price
$368,925
Premium/Discount to List
$14,000
3.94%
Total Days on Market
77
Current Estimated Value
$413,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,213
Avg. Annual Appreciation
3.41%
Original Mortgage
$350,478
Outstanding Balance
$324,904
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$88,234

Range of Values:

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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
Simmons Jessica Melinda $369,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Jessica Melinda $350,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $368,925 -- --
12/17/2021 12/17/21 Sold $368,925 +0.5% $167 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $366,925 +0.3% $166 / Sq Ft
06/16/2021 06/16/21 Price Changed $365,925 +1.1% $166 / Sq Ft
06/04/2021 06/04/21 Price Changed $361,925 +1.4% $164 / Sq Ft
05/07/2021 05/07/21 Price Changed $356,925 +0.6% $162 / Sq Ft
04/29/2021 04/29/21 For Sale $354,925 -- $161 / 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
2024 $3,566 $375,113 $65,000 $310,113
2023 $3,174 $271,425 $36,000 $235,425
2022 $3,045 $271,425 $36,000 $235,425
2021 $394 $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 2380691

Doorify MLS

APN: 1850.01-07-0677-000