Check Availability
Wake Forest 27587
724 Reserve Estates Drive
$1,050,000
House - For Sale

724 Reserve Estates Drive

Wake Forest, NC 27587
bedrooms
6 Beds
bathrooms
5 Baths
square feet
4777 Sqft
$6,719
Estimated Monthly
$900
HOA / Fees
2.21%
Cap Rate

About This Property

A Tranquil Retreat Nestled on a 1.98 Acre POOL READY Lot! City Water & City Sewer! 3CarGarage! 10'Ceilings, Tankless H2O Heater & Sealed Crawlspace! Sunroom w/Heating & Cooling System, Heated Tile Floors, Skylights & Access to Grilling Deck! Finished 3rd Floor w/6th Bedroom/Office, Bonus Room & Full Bath! Dramatic 2 Story Foyer w/Juliette Balcony Overlook from 2nd Floor w/Chandelier! 1st Floor Guest Suite & Office! Site Finished Hardwoods Throughout Main Living! Kitchen: White Painted Cabinets w/Lazy Susan EZ Reach Corner Cabinet & Trash Can Rollout! Granite Countertops, Oil Rubbed Bronze Pulls, Soft Close & Under Cabinet Lighting! Huge Prep Island w/Lots of Storage, Roll Outs & Pendant Lights! Brick Lay Tumbled Stone Backsplash, Recessed Lighting & Stainless Appliances Including Gas Cooktop & 2 Ovens! Family Room: Stacked Stone Gas Fireplace Surround w/Raised Hearth & Stone Mantle! Custom Built-Ins & Trey Ceiling w/Wood Beams! Owners Suite: Trey Ceiling w/Crown, Triple Window, His & Her Closets! Owners Bath: Soaking Tub w/Custom Tile Surround & Window Above! 18x18 Tile Floors, Dual Vanity w/Center Drawers & Granite Countertops, Framed Mirrors & Designer Vanity Lights! Large Walk -in Shower w/Bronze Framed Shower Door, Mosaic Tile Floor, Bench, Rain Shower, Niches & Handheld Shower Head! Private H2O Closet w/Magazine Holder! Don't miss your opportunity to live in a neighborhood with Town of Wake Forest natural pathways to & around the Wake Forest Reservoir!

The manager has listed the unit size as 4777 square feet.
Unit Size
4,777Ft²
Days on Market
26 days
Land Size
1.98 acres
Price per sqft
$220
Property Type
House
Property Taxes
$662
HOA Dues
$900
Year Built
2014

Listed By

Jim Allen
Jim Allen
Coldwell Banker Howard Perry and Walston
Last updated: 14 days ago (TRIANGLE #10022681)

Price History

Date / Event Date Event Price
Apr 12, 2024 Listed by Coldwell Banker Howard Perry and Walston $1,050,000
Listed by Coldwell Banker Howard Perry and Walston
Oct 8, 2014 Sold to Gwyneth Spaeder, Jeffrey Sp... $651,000
Sold to Gwyneth Spaeder, Jeffrey Sp...

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Stone

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 86,249
  • Total Building Area: 3,613
  • Building Area: 3,613
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,613
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: THE RESERVE
  • Land Acres: 1.98
  • Legal Description 1: LO13 THE RESERVE BM2013-01283

Ownership

  • Current Owner : SPAEDER JEFFREY
  • Current Owner 2: SPAEDER GWYNETH
  • Previous Owner : CAPITOL CITY HOMES LLC
  • Owner Before Previous Owner: MBA LAND GROUP LLC
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054211

Zoning

  • Zoning: GR3

Geography

  • Assessors Map Reference: BK 2013 PG 1283
  • Account Number: 0417506
  • District: 19
  • Parcel: 1851.04-51-9770 0417506
  • Lot: 13
  • Municipality: WAKE FOREST
  • Latitude: 35.9791
  • Longitude: -78.4728

    Address

  • Full Address: 724 Reserve Estates Dr
  • Address - House Number: 724
  • Address - Street Name: Reserve Estates
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R032
  • 4-Digit Zip Code: 1820
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,626

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 1,052,090
  • High Value: 1,154,028
  • Low Value: 950,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: Oct 08, 2014
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2029

    Market Valuation

  • Market Total Value: $682,417
  • Market Land Value: $156,000
  • Market Improvement Value: $526,417

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $682,417
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $526,417

    Sales

  • Current Sale Contract Date: Oct 07, 2014
  • Current Sale Recording Date: Oct 08, 2014
  • Current Sale Transaction ID: 11473047446
  • Current Sale Price: $651,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Jan 17, 2014
  • Previous Sale Contract Date: Jan 14, 2014
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: NORTH STATE BANK
  • First Mortgage Transaction Date: Oct 08, 2014
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Jan 17, 2014
  • Previous Mortgage Loan Amount: $492,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wake Forest


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Nearby Rentals

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Unit for rent at 907 Copper Beech Lane, Wake Forest, NC, 27587

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Frequently Asked Questions

When was property at 724 Reserve Estates Drive built and last sold?
The property at 724 Reserve Estates Drive was built in 2014 and last sold on Oct 7, 2014 for $651,000.
How much is this home worth?
The estimated value of the home located at 724 Reserve Estates Drive is $1,060,500.
What are some comparable homes to 724 Reserve Estates Drive?
There are currently no comparable homes to 724 Reserve Estates Drive.

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