Better than new! Over 20K in upgrades! Never lived in townhome in The Exchange at Grove 98!! Welcome to this stunning open floor plan townhome with 3 bedrooms, 2.5, baths, a flex/bonus room and a 2 car garage . As you into the ground Level - you are greeted by a bright flex/bonus room with custom shelving in the hall closet and additional storage closet perfect for a home office, gym, or den . Durable LVP flooring throughout. 2 car garage with Epoxy coating. On the second floor -An open spacious floor plan filled with natural light. LVP flooring - Generous family room and dinning area. Deck off of family room. Gorgeous Kitchen with Grey cabinets with soft close cabinet doors, back splash, granite countertops, Stainless Steel Appliances, Gas Range, Refrigerator, microwave, and dishwasher. Large Center island with Pendants and a large single bowl sink, pantry, a nook for an office space or extra place your imagination. Convenient half bath with pedestal sink. Bedroom level features: LVP flooring, Large Owner's suite features LVP flooring with two custom closets - lots of space for clothes, etc.. Well appointed owner's bathroom with tile floors, tile shower with a seat, grey dual sink vanity cabinet, and private toilet. 2 Spacious size secondary bedrooms with LVP flooring, ceiling fans, and custom closets. Full bath features a vanity with LVP flooring and a tub/shower combination. Linen closet in hallway. Washer/Dryer(included) conveniently located on the bedroom level area with LVP flooring. This home is in close to upscale Wegmans, shopping, dining ,US 1 to 540, HWY 98, downtown Wake Forest for ultimate convenience. A prime location- perfect for easy living and entertaining. Come and view this wonderful town home today! $50.00 application fee per adult, National Tenant Network process applications, No Pets, No Smoking. Adhere to HOA Rules and Regulations and Covenants. Tenants pays all utilities not HOA Dues.
Sold for $385,000
$385,000
506 Village Branch Ln, Wake Forest, NC 27587
3beds
2,142sqft
Townhouse
Built in 2024
-- sqft lot
$376,500 Zestimate®
$180/sqft
$2,168 Estimated rent
Home value
$376,500
$354,000 - $399,000
$2,168/mo
Zestimate® history
Owner options
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$2,333/mo
Est. payment
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$2,333/mo
Est. payment
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List your homeWhat's special
Natural lightCeiling fansPrivate toiletGenerous family roomGorgeous kitchenLarge center islandLvp flooring
Zillow last checked:
Listing updated:
Source: Doorify MLS,MLS#: 10114797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air, Ceiling Fan
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Hall, In Unit, Laundry Closet
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
- Flooring: Tile
Interior area
- Total interior livable area: 2,142 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Driveway, Garage, Covered
- Has attached garage: Yes
- Details: Contact manager
Features
- Stories: 3
- Exterior features: Association Fees included in rent, Bathtub/Shower Combination, Ceiling Fan(s), Driveway, Eat-in Kitchen, Garage, Garage Door Opener, Granite Counters, HVAC Maintenance included in rent, Heating system: Forced Air, High Ceilings, In Hall, Kitchen Island, Landscaped, Landscaping, Laundry Closet, Lot Features: Landscaped, Maintenance, No Utilities included in rent, None, Open Floorplan, Other, PPM, Pantry, Pets - No, Recessed Lighting, Repairs included in rent, Sidewalks, Smooth Ceilings, Stainless Steel Appliance(s), Street Lights, Taxes included in rent, Walk-In Closet(s), Walk-In Shower
Details
- Parcel number: 1830961693
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Condition
- Year built: 2024
Community & HOA
Community
- Deposit fee: $1,950
- Administrative fee: $190
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $393,556
- Annual tax amount: $3,708
- Date on market: 8/8/2025
- Date available: 08/09/2025
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2025 | Listing removed | $1,950$1/sqft |
Source: Doorify MLS #10114797 Report a problem | ||
| 8/8/2025 | Listed for rent | $1,950-7.1%$1/sqft |
Source: Doorify MLS #10114797 Report a problem | ||
| 8/6/2025 | Listing removed | $385,000$180/sqft |
Source: | ||
| 7/24/2025 | Price change | $385,000-2.5%$180/sqft |
Source: | ||
| 7/11/2025 | Listed for sale | $395,000+2.6%$184/sqft |
Source: | ||
| 7/3/2025 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2025 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2025 | Sold | $385,000$180/sqft |
Source: Public Record Report a problem | ||
| 11/23/2024 | Price change | $385,000+2.7%$180/sqft |
Source: | ||
| 11/20/2024 | Price change | $375,000-5.1%$175/sqft |
Source: | ||
| 10/10/2024 | Listed for sale | $395,000+2.6%$184/sqft |
Source: | ||
| 9/30/2024 | Listing removed | $385,000$180/sqft |
Source: | ||
| 9/8/2024 | Price change | $385,000-2.5%$180/sqft |
Source: | ||
| 7/17/2024 | Listed for sale | $395,000$184/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,708 +396.5% | $393,556 +391.9% |
| 2024 | $747 | $80,000 |
Find assessor info on the county website
Neighborhood: 27587
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Nearby schools
GreatSchools rating
- 6/10Wake Forest ElementaryGrades: PK-5Distance: 1.1 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$376,500
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
$376,500