NOT LISTED FOR SALE

1200 Explorer Trail Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,585,000 - $1,724,000

0.92 Acres
$1,776,572 Price per Acre
40,075 Sq Ft Lot

Last Sold August 19, 2024

Last sale price $1,649,000

Est. 1% decrease in value since last sale

Current estimated payment $9,346/month

141 Days on Market

Highlights

  • Wooded Lot
  • Cul-De-Sac
  • Level Lot
  • Pleasant Union Elementary School Rated A

About This Lot

As of August 2024

Beautiful level homesite for presale. Lot back up to Falls Lake property. Very private in gated community. Hayes Barton Homes can help you design your dream home.

Last Agent to Sell the Property

Russell Ammons

Coldwell Banker HPW New Homes License #162417 Listed on: 05/18/2023

Last Buyer's Agent

Joe Kolousek

Society Real Estate, LLC License #299641

Property Details

Property Type

  • Land

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 37x340x228x260
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

Schools

  • Pleasant Union Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Shared Well
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Creedmoor Manor Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Lot Details

0.92 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Other
  • Subdivision Name: Creedmoor Manor
  • General Property Information Lot Size Dimensions: 37x340x228x260
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Restrictions Architectural Review: Yes
  • General Property Information Lot Size Square Feet2: 40000.0
  • General Property Information Lot Size Acres: 0.9183
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.92
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 37x340x228x260
  • Lot Size Sq Ft: 40000.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 40000.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 16, 2024
Sold by
Hayes Barton Homes Inc
Bought by
Hairston Jayson Jerome Brook and Hairston Aresa Katiana
Seller's Agent
Russell Ammons
Coldwell Banker HPW New Homes
Buyer's Agent
Joe Kolousek
Society Real Estate, LLC
List Price
$300,000
Sold Price
$1,649,000
Premium/Discount to List
$1,349,000
449.67%
Views
116
Current Estimated Value
$1,634,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,554
Avg. Annual Appreciation
-0.56%
Original Mortgage
$1,319,000
Outstanding Balance
$1,304,302
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$330,144

Purchase Details

Closed on
Aug 31, 2022
Sold by
Falls Lake Holdings Llc
Bought by
Hayes Barton Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.54%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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 Buyer Sale Price Title Company
Hairston Jayson Jerome Brook $1,649,000 Standard Title Company
Hayes Barton Homes Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hairston Jayson Jerome Brook $1,319,000
Previous Owner Hayes Barton Homes Inc $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $1,649,000 +449.7% --
12/14/2023 12/14/23 Off Market $300,000 -- --
10/06/2023 10/06/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $300,000 -- --
Source: Doorify MLS

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 $10,099 $1,575,798 $250,000 $1,325,798
2024 $1,553 $250,000 $250,000 --
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Russell Ammons

    Coldwell Banker HPW New Homes

  • J

    Buyer's Agent in 2024

    Joe Kolousek

    Society Real Estate, LLC

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Map

Source: Doorify MLS

MLS Number: 2511547

Doorify MLS

APN: 0891.02-59-1464-000

North Carolina Wake County Wake Forest 27587 Falls Lake

1200 Explorer Trail, Wake Forest, NC

Not Listed for Sale

Lots

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Doorify MLS Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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