$432,500
SOLD AUG 27, 2025

111 Ailey Brook Way Unit 200 Wake Forest, NC 27587

3 Beds
2.5 Baths
2,429 Sq Ft
$275/mo HOA Fee

Recently Sold

$178 Per Sq Ft

1% Below List Price

107 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Transitional Architecture
  • Richland Creek Elementary School Rated A-
  • Deck
  • End Unit

About This Home

As of August 2025

Overlooks the new 2.5 Acre park coming right behind the new Wake Forest Food Hall! This property will SKYROCKET in value!!! The Julianne is a new townhome-style 3-bedroom condo is a true gem. The main level features an expansive kitchen, dining, and family room that provides a continuous flow from the front of the condo to the back where you'll find a spacious home office and walk-in pantry. It's the perfect space to host an intimate dinner party or a larger gathering while having all the functionality! Have your guests gather around the expansive kitchen island while you cook up your favorite dish in the gourmet kitchen. After dinner or on the weekends you can utilize the deck off the living room for more entertaining space!!! Make your way upstairs and you'll find 3 bedrooms, including a spacious primary suite that feels like your own private retreat. You can walk to downtown Wake Forest with White Street only steps away! Don't miss the opportunity to live in one of our most popular, new, and innovative floorplans.

Visit our model located at 100 Ailey Brook Way #100, Wake Forest, NC 27587. Home is currently under construction.

Last Agent to Sell the Property

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 01/25/2025

Last Buyer's Agent

Kathy Dyer

Coldwell Banker Advantage License #291076

Coldwell Banker Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $47,904

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 1 Open Parking Space

Home Design

  • Home is estimated to be completed on 5/15/25
  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,429 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Built-In Electric Oven
  • Built-In Electric Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • End Unit

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, storm water maintenance, trash, water
  • Ppm Association, Phone Number (919) 848-4911
  • Built by Stanley Martin Homes, LLC
  • Magnolia Trace Subdivision, Julianne Floorplan
  • Maintained Community

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1841524174

Property Details

Home Type

Condominium

Est. Annual Taxes

$47,904

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Builder Name: Stanley Martin Homes, LLC
  • Builder Model: Julianne
  • Year Built: 2025
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Storm Water Maintenance, Trash, Water
  • Subdivision Name: Magnolia Trace
  • Above Grade Finished Sq Ft: 2429.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Effective Year Built: 2023
  • General Property Information Lot Size Dimensions: 0 x 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2025-05-15
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • General Property Information Association Phone: 9198484911
  • Attic Features Scuttle: Yes
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Above Grade Finished Area: 2429.0
  • Roof Architectural Shingle: Yes
  • General Property Information Stories2: 2
  • General Property Information Builder Name: Stanley Martin Homes, LLC
  • General Property Information Builder Model: Julianne
  • Special Features: 4098
  • Property Sub Type: Condos
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Built-In Electric Oven, Built-In Electric Range, Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Stainless Steel Appliance(s), Vented Exhaust Fan, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Built-In Electric Range: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Balcony
  • Home Warranty: Yes
  • Common Walls: End Unit
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Electric
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Amenities:Landscaping: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 0 x 0
  • Parcel #: 1841524174

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Aug 27, 2025
Sold by
Stanley Martin Homes Llc
Bought by
Yates Jennette Lee
Seller's Agent
Jolene Johnson
SM North Carolina Brokerage
Buyer's Agent
Kathy Dyer
Coldwell Banker Advantage
List Price
$437,490
Sold Price
$432,500
Premium/Discount to List
-$4,990
-1.14%
Views
33

Purchase Details

Closed on
Mar 21, 2025
Sold by
Fink Diane E
Bought by
Kdm Real Estate Llc

Purchase Details

Closed on
Jan 17, 2025
Sold by
Stanley Martin Homes Llc
Bought by
Culbreth Anthony Scott and Singer Culbreth Keisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2025
Sold by
Stanley Martin Homes Llc
Bought by
Page Jay Arthur and Freeman Linda Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2025
Sold by
Stanley Martin Homes Llc
Bought by
Nguyen John Viet and Nguyen Su

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2022
Sold by
Burke Investor Ii Llc
Bought by
Agnc Ventures I Llc

Purchase Details

Closed on
Feb 8, 2022
Sold by
Wake Forest Developers Ii Llc
Bought by
Burke Investor Ii Llc

Purchase Details

Closed on
Nov 8, 2012
Sold by
Evanston Horner Llc
Bought by
Wake Forest Developers Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2005
Sold by
Bajo Llc
Bought by
Evanston Horner Llc
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $432,500 None Listed On Document
Special Warranty Deed $432,500 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed $450,000 None Listed On Document
Special Warranty Deed $320,000 None Listed On Document
Special Warranty Deed $450,000 None Listed On Document
Special Warranty Deed $320,000 None Listed On Document
Special Warranty Deed $395,000 None Listed On Document
Special Warranty Deed $395,000 None Listed On Document
Special Warranty Deed $360,500 None Listed On Document
Warranty Deed $750,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed $2,235,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $400,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $432,500 +1.8% $178 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $425,000 +3.0% $175 / Sq Ft
02/13/2025 02/13/25 Price Changed $412,490 -5.7% $170 / Sq Ft
01/25/2025 01/25/25 For Sale $437,490 -- $180 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $47,904 $1,430,158 $1,430,158 --
2024 $47,904 $4,355,868 $1,430,158 $2,925,710
2023 $27,895 $2,142,476 $1,215,324 $927,152
2022 $26,877 $2,142,476 $1,215,324 $927,152
2021 $26,460 $2,142,476 $1,215,324 $927,152
2020 $26,460 $2,142,476 $1,215,324 $927,152
2019 $25,735 $1,863,904 $1,077,587 $786,317
2018 $24,499 $1,863,904 $1,077,587 $786,317
2017 $23,765 $1,863,904 $1,077,587 $786,317
2016 $23,495 $1,863,904 $1,077,587 $786,317
2015 $24,192 $1,898,148 $1,080,288 $817,860
2014 -- $1,898,148 $1,080,288 $817,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10072817

Doorify MLS

APN: 1841.19-52-4174-000