$420,000

518 Toran Dr Wake Forest, NC 27587

$4,988
Closing credit¹
4 beds
3 full, 1 partial
2,525 sqft
0.05 acres
$166 / sqft
Townhouse

Property details

About 518 Toran Dr

Better than new end-unit townhome in the heart of Wake Forest—just steps from dining, shopping, and Wake Charter Elementary. This 4-bed, 3.5-bath home features an open layout with upscale finishes, a quartz island kitchen with stainless appliances, and a private covered porch. The spacious primary suite includes trey ceilings, dual closets, and a tiled shower with bench. Two bedrooms share a Jack & Jill bath, and the upstairs laundry offers added storage. The lower level has a large bonus/bedroom with full bath, a drop zone, and a huge indoor storage room—perfect for a gym or workshop. Enjoy urban-style living with suburban ease—and receive a $2,500 lender credit with our preferred lender!

Highlights

Home typeTownhouse
HeatingElectric, Heat Pump
StatusActive
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
Size2,525 sqft
Lot size0.05 Acres
Year built2022
MLS #10098014
Attached garage2 spaces
FireplaceDecorative, Electric, Living Room

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Flooring Type: Carpet, Luxury Vinyl, Tile
  • Fireplace: Decorative, Electric, Living Room
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Exterior: Porch
  • Architectural Style: Transitional
  • Heating: Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • List Price: $420,000
  • Price/SqFt: $166
  • HOA Amount: $139 Monthly
  • Annual Tax Amount: $4,369
  • Tax Year: 2024
  • Directions: Take US1 North to Wake Forest to 98 Bypass E. (Dr. Calvin Jones Hwy) Turn right onto Gateway Commons Circle. Turn left on Gateway Commons Cir. Turn right onto Gateway Townes Blvd. Turn Right on Toran Drive. Destination will be on the left. Welcome Home.
  • Year Built: 2022
  • Living Area: 2,525 SqFt
  • Lot Size: 0.05 Acres
  • MLS Number: 10098014
  • MLS Name: Doorify MLS
  • Office Name: eXp Realty, LLC - C
  • Office Phone: (888) 584-9431
  • Office Email: colleenrhynders.exp@gmail.com
  • Listing Agent: Mary Barnwell

IDX Copyright © 2025 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: 5/23/2025, 8:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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518 Toran Dr, Wake Forest, NC 27587 - multi unit property with brick siding and a front yard

$420,000

518 Toran Dr

$4,988

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 29, 2022
Home Sold
$470,000

Tax history

YearAssessmentProperty Tax
2024$453,000$4,369
2023$324,706$2,766
2022$36,000$401
2021$36,000$394

History based on county public records data.

Nearby schools

5

Wake Forest Elementary School

Public District PK-5

1.3 mi

136 W Sycamore Ave

7

Jones Dairy Elementary School

Public District PK-5

1.7 mi

1100 Jones Dairy Rd

7

Heritage Elementary School

Public District PK-5

1.8 mi

3500 Rogers Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,887. Most Wake Forest, NC residents have annual incomes between $35k-100k. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
46%
35k-100k
23%
100k-200k
7%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Symphony or OperaSymphony or Opera
  • SoccerSoccer

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Chico'sChico's
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • InfinitiInfiniti
  • VolvoVolvo
  • BMWBMW

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 518 Toran Dr

The listing price of 518 Toran Dr property is $420,000.

The property 518 Toran Dr is a townhouse located in Wake Forest, North Carolina, 27587.

Active Listing: 518 Toran Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 518 Toran Dr are: Wake Forest Elementary School (GreatSchools Rating 5/10), Jones Dairy Elementary School (GreatSchools Rating 7/10), Heritage Elementary School (GreatSchools Rating 7/10), Wake Forest Charter Academy (GreatSchools Rating 5/10), Envision Science Academy (GreatSchools Rating 9/10), Heritage Middle School (GreatSchools Rating 9/10), Franklin Academy (GreatSchools Rating 9/10), Wake Forest High School (GreatSchools Rating 7/10), Heritage High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $4,369 (source: MLS/based on county public records data).

The last sale was on December 29, 2022 for $470,000 (source: MLS/tax record).

The property at 518 Toran Dr has 4 bedrooms and 3 full and 1 half bathrooms.

The property 518 Toran Dr is 2,525 SqFt (source: MLS/tax record).

The year of construction for 518 Toran Dr is 2022.

This home is located at 518 Toran Dr in Wake Forest, NC and zip code 27587. This 2,525 square foot home, which was built in 2022, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $420,000.

Over 25 listings were sold over their listed price in April 2025 in Wake Forest, NC. In the same period over 42 listings were sold below the listed price and 39 listings were sold for the listed price. Between March and April 2025, Wake Forest, NC real estate market has seen increase in the number of listings by 5.8%. While the average time on the market in April 2025 was 49 days, the median list price was $517,660.

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

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