Discover comfort and convenience in this charming updated ranch in Horseshoe Bend, just minutes from downtown Wake Forest, Raleigh, and I-540! The inviting foyer leads to a spacious family room perfect for everyday living and entertaining. The chefs kitchen is framed by detailed columns and features granite counters, abundant amount of cabinets, an electric range, tile backsplash, and refrigerator conveys. Enjoy the dining area overlooking the backyard and deck. The private primary suite offers a walk-in shower. Two additional bedrooms share a full bath. Downstairs offers a large bonus room with many options from a workout area to an office. The fenced flat backyard includes a cozy deck, perfect for grilling and outdoor fun. This home blends style, function, and location for your ideal lifestyle! NO HOA & NO CITY TAXES. Kitchen renovation, Deck & Laundry room addition/renovation not permitted.
Single-familyProperty Type
1984Year Built
0.98 acresLot Size
$231Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Jeff Garrett• Howard Hanna Allen Tate Wake Forest/Rolesville
3BR/2BA Ranch with an awesome finished basement. Incredible location. Large . 98 acre lot, wooded and very private. Convenient to everything, Target, Food Lion, Home Depot and much more. Huge 2 car garage, updated bathrooms, multiple ceiling fans. NO HOA DUES OR RESTRICTIONS, NO CITY TAXES! New HVAC in 2016 (transferrable 10 yr. warranty) New water heater 2016. New well pump and tank in 2018. Really a wonderful house, in an amazing location. will not find anything like it at this price point in Wake Forest.
TMLS #2214810
Oct 31, 2018
Listing Removed
—
Sep 15, 2018
Listed
$284,900
$129/sq ft
Public Records
Sep 20, 2013
Sold
$200,000
$91/sq ft
Public Records
Feb 11, 1988
Sold
$54,000
$24/sq ft
Public Records
Oct 2, 1984
Sold
$81,500
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,945 (+3.0%)
$89,250 + $368,095
$457,345
2024
$2,860 (+24.5%)
$89,250 + $368,095
$457,345
2023
$2,298 (+7.9%)
$89,250 + $368,095
$457,345
2022
$2,130 (+2.7%)
$59,500 + $232,610
$292,110
2021
$2,073 (+1.7%)
$59,500 + $232,610
$292,110
2020
$2,038 (+5.1%)
$59,500 + $232,610
$292,110
2019
$1,940 (+8.7%)
$59,500 + $232,610
$292,110
2018
$1,784 (+5.5%)
$74,800 + $160,292
$235,092
2017
$1,692 (+2.1%)
$74,800 + $160,292
$235,092
2016
$1,657 (−7.8%)
$74,800 + $160,292
$235,092
2015
$1,798 (+5.5%)
$74,800 + $160,292
$235,092
2014
$1,704 (+7.0%)
$100,000 + $156,056
$256,056
2013
$1,592
$100,000 + $156,056
$256,056
2012
$1,592
$100,000 + $156,056
$256,056
2011
$1,592
$100,000 + $156,056
$256,056
Tax history for 7200 Rabbit Run
Year
Property tax
Land + Additions
Assessment*
2025
$2,945 (+3.0%)
$89,250 + $368,095
$457,345
2024
$2,860 (+24.5%)
$89,250 + $368,095
$457,345
2023
$2,298 (+7.9%)
$89,250 + $368,095
$457,345
2022
$2,130 (+2.7%)
$59,500 + $232,610
$292,110
2021
$2,073 (+1.7%)
$59,500 + $232,610
$292,110
2020
$2,038 (+5.1%)
$59,500 + $232,610
$292,110
2019
$1,940 (+8.7%)
$59,500 + $232,610
$292,110
2018
$1,784 (+5.5%)
$74,800 + $160,292
$235,092
2017
$1,692 (+2.1%)
$74,800 + $160,292
$235,092
2016
$1,657 (−7.8%)
$74,800 + $160,292
$235,092
2015
$1,798 (+5.5%)
$74,800 + $160,292
$235,092
2014
$1,704 (+7.0%)
$100,000 + $156,056
$256,056
2013
$1,592
$100,000 + $156,056
$256,056
2012
$1,592
$100,000 + $156,056
$256,056
2011
$1,592
$100,000 + $156,056
$256,056
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.98 Acres
Year renovated
1999
Sq. Ft.
2,154
Year built
1984
Style
Single Family Residential
County
Wake County
APN
1831.03 30 3723 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-40W
Residential-40 Watershed District
The R-40W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Attached Garage: Yes
Garage: Yes
Garage Spaces: 2
Open Parking: Yes
Open Parking Spaces: 1
Parking Features: Attached, Concrete, Garage Door Opener, Garage Faces Front
Parking Total: 3
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 3
Interior Features
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Window Features: Double Pane Windows, Insulated Windows
Directions: US1/Capital Blvd North from 540, Left on Business 98 Exit 125, Right on Wake Union Church Rd, Left onto Rabbit Run. Your new home is on the right.
Latitude: 35.976751
Longitude: -78.549425
Postal Code: 27587
Road Frontage Type: State Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 2,154
Stories: 1.0
Lot Size: 0.98 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1999
County: Wake County
APN: 1831.03 30 3723 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2025-06-06
Documents Change Timestamp: 2025-05-01T12:34:33Z
Photos Change Timestamp: 2025-04-30T19:50:00Z
Around this home
Schools
Richland Creek Elementary School
Public PreK-5 • Assigned • 2.8mi
8/10
Wake Forest Middle School
Public 6-8 • Assigned • 1.8mi
4/10
Wake Forest High School
Public 9-12 • Assigned • 2.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
6/10 Wind Factor
54% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wake Forest, NC • 27587
Average low and high temperatures (°F)
48
29
54
35
70
46
78
54
79
59
89
69
91
74
84
68
80
65
72
52
65
45
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$484,000 – $586,000
Reach more buyers when you sell with Redfin. Save up to $5,091 in fees.3 minutes to get started.