Wake up, Wake Forest! A refreshingly modern take on sweet suburban living is sprouting on the cusp of Downtown. Welcome to The Forest on Franklin. This twelve-townhome collection was crafted by local building experts and curated to complement the existing community. But don't mistake cohesion as being cookie-cutter. These boutique builds break from typical farmhouse-styling to embrace a refined twist on tradition, emboldened by modern accents at every turn.
While every home is equipped with two-car garages, screened-in porches and ample flex space, three distinct plans offer differing treatments for the 2,500+ SQ FT of light-flooded living space. From elevators (in select plans) to varying 3-4 BR options, each layout offers its own take on high-style, low-maintenance living. Intuitively hybrid. Holistically inclined. And with neighbors like Downtown WF & Falls Lake? Balancing work & play is a breeze. Embed yourself in the booming brewery culture, or break a sweat on the trails - there's plenty to see only seconds away. Plus, commuter-friendly access to DTR & RTP guarantees you're never far from the action.
Sold for $688,500
$688,500
601 S Franklin St, Wake Forest, NC 27587
4beds
2,843sqft
Townhouse
Built in 2024
1,524 Square Feet Lot
$623,200 Zestimate®
$242/sqft
$2,926 Estimated rent
Home value
$623,200
$586,000 - $661,000
$2,926/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Johnny Chappell 919-737-2247,
Compass -- Raleigh,
Laura Catherine Guld 954-249-8641,
Compass -- Raleigh
Bought with:
Sandy Brown, 177231
Long & Foster Real Estate INC/Raleigh
Source: Doorify MLS,MLS#: 10001775
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Third
- Area: 227.36 Square Feet
- Dimensions: 11.6 x 19.6
Bedroom 2
- Level: Third
- Area: 184.6 Square Feet
- Dimensions: 14.2 x 13
Bedroom 3
- Level: Lower
- Area: 178.92 Square Feet
- Dimensions: 14.2 x 12.6
Bedroom 4
- Level: Additional
- Area: 469.61 Square Feet
- Dimensions: 15.1 x 31.1
Breakfast room
- Level: Main
- Area: 120.64 Square Feet
- Dimensions: 11.6 x 10.4
Dining room
- Level: Main
- Area: 109.04 Square Feet
- Dimensions: 11.6 x 9.4
Family room
- Level: Main
- Area: 268.92 Square Feet
- Dimensions: 16.2 x 16.6
Kitchen
- Level: Main
- Area: 107.2 Square Feet
- Dimensions: 8 x 13.4
Laundry
- Level: Third
Office
- Level: Main
- Area: 118.3 Square Feet
- Dimensions: 9.1 x 13
Heating
- Forced Air, Heat Pump, Zoned
Cooling
- Central Air, Ceiling Fan(s), Dual, Electric, Heat Pump, Multi Units, Zoned
Appliances
- Included: Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater
- Laundry: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
Features
- Ceiling Fan(s), Double Vanity, Elevator, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings
- Flooring: Hardwood, Tile
- Fireplace features: Family Room, Gas Log
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
Interior area
- Total structure area: 2,843
- Total interior livable area: 2,843 sqft
- Finished area above ground: 2,843
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Faces Rear, Garage
- Garage spaces: 2
- Uncovered spaces: 1
Accessibility
- Accessibility features: Accessible Elevator Installed, Aging In Place
Features
- Levels: Three Or More
- Stories: 4
- Patio & porch: Porch, Screened
- Exterior features: Lighting
Lot
- Size: 1,524 Square Feet
- Dimensions: 21 x 72 x 21 x 72
- Features: Landscaped
Details
- Parcel number: 1840588852
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional,Transitional
- Property subtype: Townhouse
Materials
- Board & Batten Siding, Brick, Fiber Cement, Low VOC Paint/Sealant/Varnish
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2024
- Major remodel year: 2024
Details
- Builder model: Plan 3
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights
- Subdivision: Forest on Franklin
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Maintenance Grounds, Management
- Services included: Maintenance Grounds, Road Maintenance
- HOA fee: $200 monthly
- HOA name: Towne Properties Releigh
- HOA phone: 919-878-8787
Location
- Region: Wake Forest
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $629,227
- Annual tax amount: $5,916
- Date on market: 12/11/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership type: Townhouse
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2024 | Sold | $688,500$242/sqft |
Source:  Doorify MLS #10001775 Report a problem | ||
| 12/11/2023 | Pending sale | $688,500$242/sqft |
Source: Doorify MLS #10001775 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,916 +584.4% | $629,227 +579.5% |
| 2024 | $864 +30.5% | $92,600 +62.5% |
| 2023 | $662 | $57,000 |
| 2022 | -- | -- |
Find assessor info on the county website
Neighborhood: 27587
Nearby homes
- $675,0004 bd4 ba2.5k sqft603 S Franklin St, Wake Forest, NC 27587Sold
- $662,4504 bd4 ba2.5k sqft605 S Franklin St, Wake Forest, NC 27587Sold
- $705,0003 bd5 ba2.8k sqft607 S Franklin St, Wake Forest, NC 27587Sold
- $700,0003 bd5 ba2.8k sqft611 S Franklin St, Wake Forest, NC 27587Sold
- $658,6804 bd4 ba2.5k sqft613 S Franklin St, Wake Forest, NC 27587Sold
- $642,6704 bd4 ba2.5k sqft615 S Franklin St, Wake Forest, NC 27587Sold
- $454,200-- bd2 ba2.4k sqft493 Triumph Ln, Wake Forest, NC 27587Off Market
- $695,0003 bd5 ba2.8k sqft617 S Franklin St, Wake Forest, NC 27587Sold
Nearby schools
GreatSchools rating
- 6/10Wake Forest ElementaryGrades: PK-5Distance: 0.5 mi
- 4/10Wake Forest Middle SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Wake Forest High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Wake - Wake Forest Elementary
- Middle: Wake - Wake Forest Middle School
- High: Wake - Wake Forest High School
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
$623,200
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
$623,200
- North Carolina
- Wake County
- Wake Forest
- 27587
- 601 S Franklin St
