NOT LISTED FOR SALE

1216 Touchstone Way Wake Forest, NC 27587

Estimated Value: $839,000 - $945,000

4 Beds
3.5 Baths
3,004 Sq Ft
$298/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $789,000 $263 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,462/month

90 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Wood Flooring
  • Richland Creek Elementary School Rated A-
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of April 2022

Lakestone offers lake living right in Wake Forest on the reservoir! Custom home built by Buildmaster offers superior attention to detail. This elegant transitional plan has a 1st floor master retreat w bay window sitting area & stunning tiled bath. Kitchen features quartz counters and island. Butlers pantry. Private guest suite and Jack and Jill style bedrooms on the 2nd floor. Two story foyer, walk in storage. Live outdoors on the screenedporch overlooking a natural buffer. Act now and make selections!

Last Agent to Sell the Property

Kerrie Bornkessel

Fonville Morisey & Barefoot/Select Homes License #178684 Listed on: 09/15/2021

Last Buyer's Agent

Will Draper

Real Broker, LLC License #309190

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,795

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,712

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Shake Siding
  • Stone

Interior Spaces

  • 3,004 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Butlers Pantry
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient Thermostat
  • Rain Gutters
  • 8,712 Sq Ft Lot

Community Details

Overview

  • Built by Buildmaster
  • Lakestone Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,795

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Builder Name: Buildmaster
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Lakestone
  • Above Grade Finished Sq Ft: 3004.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 223.0
  • General Property Information Total Unfinished Area2: 223.0
  • General Property Information Lot Size Dimensions: See recorded plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-04-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Above Grade Finished Area: 3004.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Builder Name: Buildmaster
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Butler's Pantry, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.2
  • Construction Type: Fiber Cement, Shake Siding, Stone
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Detached, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 60.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See recorded plat
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Apr 28, 2022
Sold by
Buildmaster Inc
Bought by
Peddisetty Sridhar and Peddisetty Sandhya
Seller's Agent
Kerrie Bornkessel
Fonville Morisey & Barefoot/Select Homes
Buyer's Agent
Will Draper
Real Broker, LLC
List Price
$775,000
Sold Price
$789,000
Premium/Discount to List
$14,000
1.81%
Current Estimated Value
$896,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,179
Avg. Annual Appreciation
3.79%
Original Mortgage
$552,300
Outstanding Balance
$462,564
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$433,615

Purchase Details

Closed on
Jul 14, 2021
Sold by
Lakestar Development Llc
Bought by
Buildmaster Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,600
Interest Rate
2.2%
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 Buyer Sale Price Title Company
Peddisetty Sridhar $789,000 None Listed On Document
Buildmaster Inc $157,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peddisetty Sridhar $552,300
Previous Owner Buildmaster Inc $608,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $789,000 -- --
04/29/2022 04/29/22 Sold $789,000 +1.8% $263 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $775,000 -- $258 / 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 $7,795 $816,781 $160,000 $656,781
2024 $7,766 $816,781 $160,000 $656,781
2023 $7,559 $648,821 $145,000 $503,821
2022 $3,671 $329,400 $145,000 $184,400
2021 $381 $145,000 $145,000 $0
2020 $381 $145,000 $145,000 $0
2019 $351 $28,320 $28,320 $0
2018 $1,386 $118,000 $118,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2407970

Doorify MLS

APN: 1850.01-28-5756-000