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Sold for $300,600
  • $300,600

    505 Toran Dr, Wake Forest, NC 27587

    3beds
    2,187sqft
    Townhouse, Residential
    Built in 2022
    1,306 Square Feet Lot
    $339,100 Zestimate®
    $137/sqft
    $2,166 Estimated rent

    Home value

    $339,100

    $322,000 - $356,000

    $2,166/mo

    Zestimate® history
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    What's special

    BID ACCEPTED - waiting on signatures. Stunning 3-Story Townhouse in Wake Forest. Welcome to your new home in the vibrant community of Wake Forest! This beautifully designed 3-story townhouse offers a perfect blend of modern amenities and unique features, making it an ideal choice for comfortable and stylish living. • Modern Kitchen with Stainless Steel Appliances: a large island perfect for meal prep and casual dining, and a spacious pantry for all your storage needs. • First Floor Bedroom with Full Bath: Conveniently located on the first floor features adjoining full bathroom for an extra layer of privacy and convenience. • Two Luxurious Third-Floor Bedrooms: The third floor has two generously sized bedrooms, each with its own ensuite bathroom, designed for ultimate comfort and relaxation. • Open-Concept Second Floor: boasts a stunning open-concept layout, with defined areas for the kitchen, dining, and living rooms. This space is perfect for entertaining or enjoying quality time. • Expansive Covered Porch: Step out onto the large covered porch from the second floor, offering a tranquil outdoor space to unwind, enjoy your morning coffee, or entertaining. • Prime Location: Located within a short walking distance to a bustling shopping center, you'll have easy access to a variety of shops, restaurants, and services. It is conveniently close to major highways, and providing easy access to local entertainment options and more. Additional Features: • Elegant Flooring: High-quality flooring throughout the home adds a touch of elegance and durability. • Natural Light: Large windows throughout the townhouse ensure plenty of natural light, creating a warm and inviting atmosphere. • Ample Storage: Plenty of storage space, including closets in each bedroom and additional storage areas, helps keep your home organized and clutter-free. • This townhouse is more than just a place to live; it's a lifestyle. Don't miss the opportunity to make this exquisite property your new home. Contact us today to schedule a viewing and experience all the charm and convenience this townhouse has to offer! Owned by Dept of HUD Case #387-576763. IN Sold ''AS IS'', EHO. Subject to appraisal. Seller makes no representation or warranties as to property condition. Seller may contribute up to 3% for buyer closing costs, upon buyer request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol-Veronica Reeves 919-217-5222,

    Reeves Realty, Inc.,

    Barrington Simpson 919-217-5222,

    Reeves Realty, Inc.

    Bought with:

    Joy Zhao, 281643

    ZReal LLC

    Source: Doorify MLS,MLS#: 10034140MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room, Upper Level
    Features
    • Ceiling Fan(s), Kitchen Island, Pantry, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, See Remarks
    • Flooring: Carpet, Ceramic Tile, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,187
    • Total interior livable area: 2,187 sqft
    • Finished area above ground: 2,187
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Porch, See Remarks
    • Exterior features: Balcony
    • Has view: Yes
    Lot
    • Size: 1,306 Square Feet
    Details
    • Parcel number: 1840.08978563
    • Special conditions: HUD Owned

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Traditional
    • Property subtype: Townhouse, Residential
    Materials
    • Brick, Fiber Cement
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: The Townes at Gateway Commons
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds
    • Services included: Maintenance Grounds
    • HOA fee: $139 monthly
    Location
    • Region: Wake Forest

    Financial & listing details

    • Price per square foot: $137/sqft
    • Tax assessed value: $387,505
    • Annual tax amount: $3,175
    • Date on market: 6/7/2024
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/8/2025Listing removed$2,100$1/sqft
    Source: Zillow Rentals Report a problem
    8/30/2025Listed for rent$2,100$1/sqft
    Source: Zillow Rentals Report a problem
    10/18/2024Sold$300,600-16.1%$137/sqft
    Source: Doorify MLS #10034140 Report a problem
    8/11/2024Pending sale$358,200$164/sqft
    Source: Doorify MLS #10034140 Report a problem
    8/2/2024Price change$358,200-10%$164/sqft
    Source: Doorify MLS #10034140 Report a problem
    6/27/2024Listed for sale$398,000$182/sqft
    Source: Doorify MLS #10034140 Report a problem
    6/20/2024Pending sale$398,000$182/sqft
    Source: Doorify MLS #10034140 Report a problem
    6/7/2024Listed for sale$398,000+1.2%$182/sqft
    Source: Doorify MLS #10034140 Report a problem
    1/24/2024Sold$393,390-7.5%$180/sqft
    Source: Public Record Report a problem
    11/30/2022Sold$425,500$195/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,651 +0.4%$387,505
    2024$3,637 +14.5%$387,505 +42.7%
    2023$3,177 +691.7%$271,646 +654.6%
    2022$401 +1.8%$36,000
    2021$394 $36,000
    2020-- --
    Find assessor info on the county website

    Neighborhood: 27587

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake County Schools
    • Middle: Wake County Schools
    • High: Wake County Schools

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $339,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $339,100