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Sold on 08/31/1999
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7224 Rabbit Run, Wake Forest, NC 27587

$557,000

Last sold 08/31/1999 for $175K

  • 3

    bed

  • 2

    bath

  • 1,800

    Sqft ($97/Sqft)

House not for sale

About 7224 Rabbit Run

Property type House
Year built 1986
HOA fee $0/month
Lot size 0.92 Acre
Movoto estimate
Rental estimate
Property description
This 3-bedroom, 2-bathroom single-family home is located at 7224 Rabbit Run, Wake Forest, NC, 27587 in Wake County and was built in 1986. This home offers 1,800 square feet of living space on a 40,075 sq ft (0.92-acre) lot. It is served by well water and septic sewer. It last sold for $175,000 on 1999-08-31. The estimated market value is $557,000, approximately $309 per square foot.
Overview
Cooling/AC Central Air, Attic Fan
Heating Forced Air, Propane
Levels/Style One, 1, Traditional
MLS # 521084
Living Area 1800
SubType Single Family Residence
Type Residential
Status Closed
Lot Size (SqFt) 40075
Lot Size (Acres) 0.92
Tax Assessed Value 136196
Year Built 1986
Interior
Total # Of Bathrooms 2
# Full Baths 2
# Bedrooms 3
Total # Of Rooms 6
Laundry Laundry Closet
Flooring Ceramic Tile, Hardwood
Appliances Dishwasher, Electric Water Heater, Microwave, Plumbed For Ice Maker, Water Purifier
Interior Features Attic, Ceiling Fan(s), Entrance Foyer, Jetted Tub, Primary Downstairs, Pantry, Pull Down Attic Stairs, Storage
Fireplace Family Room
Window Features Insulated Windows, Skylight(s)
Exterior
Construction Cedar, Shake Siding
Parking Desc Garage, Garage Door Opener
Exterior Features Rain Gutters
Patio/ Porch Deck, Porch
Lot Desc Cul-De-Sac, Wooded
Amenities / Utilities
Sewer/ Septic Septic Tank
Water Source Well
HOA Fee Includes None
Pool Desc Private
Location
County Wake
Elementary School Wake - Wake Forest
Middle School Wake - Wake Forest
High School Wake - Wake Forest
Directions US 1 TO WAKE FOREST.EXIT ONTO HWY 98 WEST OUT OF TOWN.1ST RT ONTO WAKE UNION CHURCH RD.IMMEDIATE LEFT ONTO RABBIT RUN. HOUSE ON RIGHT NEAR END.
$557K
Range: $479K-$634K
Last 30 days 
Rental est.: $1,630/month
Gross rent multiplier: 8.9 - Good
  • Mar 2024
  • Mar 21, 2024 Delisted
    $175,000
  • Jul 1, 1999 Listed
    $180,000
  • Jun 2002
    Public Records
  • Jun 20, 2002 Sold
    $210,000 (+16.7%)
  • Year Property taxes Tax assessment
  • 2025
    $3,654 +3.0%
    $568,159
  • 2024
    $3,548 +28.7%
    $568,159 +61.85%
  • 2023
    $2,757 +7.9%
    $351,033
  • 2022
    $2,555 +2.8%
    $351,033
  • 2021
    $2,487 +1.7%
    $351,033
  • 2020
    $2,446 -7.7%
    $351,033 +8.99%
  • 2019
    $2,650 +14.7%
    $322,084
  • 2017
    $2,310 +2.1%
    $322,084
  • 2016
    $2,263 +9.5%
    $322,084
  • 2015
    $2,067
  • 7224 Rabbit Run
    $175K
  • 27587
    $514K 0% y/y
  • Wake Forest
    $514K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
7228 Rabbit Run, Wake Forest, NC 27587 $501,000 3/2 1,701 0.02
7220 Rabbit Run, Wake Forest, NC 27587 $542,000 3/2 1,947 0.02
7216 Rabbit Run, Wake Forest, NC 27587 $535,000 3/2 1,632 0.05
7237 Rabbit Run, Wake Forest, NC 27587 $650,000 3/— 2,731 0.06
7236 Rabbit Run, Wake Forest, NC 27587 $538,000 3/2 1,773 0.08
7212 Rabbit Run, Wake Forest, NC 27587 $554,000 3/2 1,898 0.09
7232 Rabbit Run, Wake Forest, NC 27587 $579,000 —/— 2,412 0.09
7209 Philly Ct, Wake Forest, NC 27587 $418,000 3/2 1,498 0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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7/10
Richland Creek Elementary School
public Grades PK, K-5
Wake County School District
3/10
Wake Forest Middle School
public Grades 6-8
Wake County School District
8/10
Wake Forest High School
public Grades 9-12
Wake County School District
Source: GreatSchools.org © 2026. All rights reserved.

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