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2316 Rainy Lake St, Wake Forest, NC, 27587

$475,000

Home List Price

$5,641*

Closing Credit

5 Bedrooms
3 Full Baths
2,335 SqFt
$203/SqFt
House

Location

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2316 Rainy Lake St, Wake Forest$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2006
HeatingCentral, Forced Air
CoolingCentral Air, Dual, Ceiling Fan(s)
MLS #10059866
Lot Size0.14 Acres
StatusActive

About 2316 Rainy Lake St

Located in the highly desirable Stonegate community, this spacious 5 bedroom home has it all! With a coveted 1st floor bedroom and full bath, open floorplan, with formal dining room that has a trey ceiling, eat in kitchen has ample cabinets, granite countertops and tile backsplash and a den with a gas fireplace for cozy get togethers and opens to a Pergola covered patio! Upstairs, you'll find the HUGE owner's suite with a sitting area and trey ceiling and an ensuite with tub and separate tiled shower. Three spacious secondary bedrooms, full bathroom and walk in laundry room make this home perfect for most. Wonderful Neighborhood amenities. Pool, Tennis and Playground.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Living Area: 2,335 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (919) 348-2585
  • Listing Agent: Tiffany Bair

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s)
  • Flooring Type: Carpet, Luxury Vinyl, Tile
  • Interior: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, Pantry, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Playground, Gutters, Tennis Court(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air, Dual, Ceiling Fan(s)

Other

Directions Information:

  • Directions: 540 N to Falls of Neuse Exit.Head north to Waek Drive. Right on Forest Rd, right onto Ligon Mill Rd, Left onto Coach Lantern Ave, right onto Rainly Lake St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $203/SqFt

HOA Fees:

  • Amount: $75
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,320
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wake Forest, NC.

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Wake Forest, NC

City

Med. Sold Price

$528.2K

Med. Price/SqFt

$212

Avg. Days On Market

37

# of Sold Homes

81

2316 Rainy Lake St vs Wake Forest

58 DAYS ON ROCKET

+21 Days

$475,000

-$53.2K Less

$203/SqFt

-$9 Less

KEY TAKEAWAY

This property is $53.2K less than the Median Sold Price and $9/SqFt less than other homes in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10059866

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (919) 348-2585
  • Listing Agent: Tiffany Bair

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2007Home Sold
$245,000
Jun 27, 2006Home Sold
$941,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,320$301,406
2020$3,320$301,406
2019$2,768$234,071
2018$2,677$234,071

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-791978
6
/10

  • Heritage Elementary School

  • 3500 Rogers Rd

  • 2.52 miles

  • Public District Grades PK-5

school-card-donut-791979
3
/10

  • Harris Creek Elementary School

  • 3829 Forestville Rd

  • 2.55 miles

  • Public District Grades PK-5

school-card-donut-791980
5
/10

  • Wildwood Forest Magnet Elementary School

  • 8401 Wild Wood Forest Dr

  • 2.61 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,244. Most Wake Forest, NC residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2316 Rainy Lake St

What is the listing price of this property?

The listing price of 2316 Rainy Lake St property is $475,000.

What type of property is this?

The property 2316 Rainy Lake St is a house located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 2316 Rainy Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,320 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2007 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2316 Rainy Lake St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2316 Rainy Lake St is 2,335 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2316 Rainy Lake St is 2006.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›2316 Rainy Lake St

This home is located at 2316 Rainy Lake St in Wake Forest, NC and zip code 27587 in the Stonegate at Saint Andrews neighborhood. This 2,335 square foot home, which was built in 2006, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $475,000.

Wake Forest, NC housing market in November 2024 saw over 15 listings sold above listed price, more than 31 sold at listed price and over 35 sold below. Between October 2024 and November 2024, Wake Forest, NC real estate market has seen decrease in the number of listings by 11.7%. While the average time on the market in November 2024 was 37 days, the median list price was $528,215.

From Rocket Homes Real Estate and based on county public records data.

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