NOT LISTED FOR SALE

1309 Magnolia Glen Cir Unit 739 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $816,322 - $837,000

5 Beds
4 Baths
2,505 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $621,000 $248 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,006/month

228 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Wood Flooring
  • Brassfield Elementary School Rated A-
  • Transitional Architecture
  • Main Floor Bedroom

About This Home

As of June 2021

The Chestnut offers 5 Bedrooms 4 Bathrooms (Guest Bdrm on main floor)w/full unfinished basement to expand even further (appx 1,000 sq ft)! With many upgrades, this home does not disappoint! Tile in all baths & showers/tubs; Tray Ceiling in Owner's Suite, Deluxe Bath in Owner's Bath w Shower/Seat & Freestanding Tub! 3 Car Garage for plenty of Storage space! Screened Porch all in your Fabulous Golf Course Community! May 2021 completion!

Last Agent to Sell the Property

Roberta Forbes

Starlight Homes NC LLC License #266703 Listed on: 10/08/2020

Co-Listed By

Marisa Leigh-Laba

Davidson Homes Realty, LLC License #192862

Last Buyer's Agent

Alison Wojnarowski

LPT Realty, LLC License #317322

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 52x109x96x164
  • Property is zoned R-40W

HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Concrete Foundation
  • Stone

Interior Spaces

  • 2,505 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Screened Porch
  • Laundry on upper level
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Schools

  • Brassfield Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include insurance
  • Ppm Association
  • Built by Davidson Homes LLC
  • Hasentree Subdivision, Chestnut Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,511

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$245 per month

Parking

3

Listing Details

  • Builder Name: Davidson Homes LLC
  • Builder Model: Chestnut
  • Year Built: 2020
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance
  • Co List Office Mls Id: 76647
  • Co List Office Phone: 919-475-4299
  • Subdivision Name: Hasentree
  • Above Grade Finished Sq Ft: 2505.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 1128.0
  • General Property Information Total Unfinished Area2: 1128.0
  • General Property Information Lot Size Dimensions: 52X109X96X164
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-05-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: 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 Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Breakfast Room: Yes
  • Water Source Community Water: Yes
  • Sewer Community Sewer: Yes
  • General Property Information Above Grade Finished Area: 2505.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14374.8
  • General Property Information Lot Size Acres: 0.33
  • General Property Information Builder Name: Davidson Homes LLC
  • General Property Information Builder Model: Chestnut
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Basement: Concrete, Unfinished
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Unfinished: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.33
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association #2 Fee: 160.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 256.0
  • Association Fee Frequency: Quarterly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 256.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 160.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

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

Lot Info

  • Zoning: R-40W
  • Lot Dimensions: 52X109X96X164
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Brassfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
Schuetz Michael James and Kennique Cassand
Bought by
Fu Hang
Current Estimated Value
$827,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,400
Outstanding Balance
$497,400
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$299,736

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jun 24, 2021
Sold by
Davidson Homes Llc
Bought by
Schuetz Michael J and Meals Kennique
Seller's Agent
Roberta Forbes
Starlight Homes NC LLC
Buyer's Agent
Alison Wojnarowski
LPT Realty, LLC
List Price
$581,856
Sold Price
$621,000
Premium/Discount to List
$39,144
6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$496,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2020
Sold by
Mft Dh 3 Llc
Bought by
Davidson Homes Llc and Davidson Homes Al Llc
Source: Public Records

Range of Values:

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Average Value
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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
Fu Hang $829,000 None Listed On Document
Fu Hang $829,000 None Listed On Document
Schuetz Michael J $621,000 None Available
Davidson Homes Llc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Hang $497,400
Closed Fu Hang $497,400
Previous Owner Schuetz Michael J $496,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $621,000 -- --
06/29/2021 06/29/21 Sold $621,000 0.0% $248 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $621,000 0.0% $248 / Sq Ft
05/20/2021 05/20/21 Price Changed $621,025 0.0% $248 / Sq Ft
05/13/2021 05/13/21 Price Changed $621,000 0.0% $248 / Sq Ft
05/06/2021 05/06/21 Price Changed $621,050 0.0% $248 / Sq Ft
05/02/2021 05/02/21 Price Changed $621,000 0.0% $248 / Sq Ft
04/20/2021 04/20/21 Price Changed $620,995 0.0% $248 / Sq Ft
03/13/2021 03/13/21 Price Changed $621,000 +0.8% $248 / Sq Ft
03/03/2021 03/03/21 Price Changed $616,000 +0.8% $246 / Sq Ft
02/24/2021 02/24/21 Price Changed $611,000 +1.7% $244 / Sq Ft
02/15/2021 02/15/21 Price Changed $601,000 +1.7% $240 / Sq Ft
02/11/2021 02/11/21 Price Changed $591,000 +0.5% $236 / Sq Ft
11/19/2020 11/19/20 Price Changed $588,000 +1.4% $235 / Sq Ft
10/14/2020 10/14/20 Price Changed $580,000 -0.3% $232 / Sq Ft
10/08/2020 10/08/20 For Sale $581,856 -- $232 / 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 $4,511 $702,215 $180,000 $522,215
2024 $4,381 $702,215 $180,000 $522,215
2023 $4,024 $513,539 $150,000 $363,539
2022 $3,729 $513,539 $150,000 $363,539
2021 $1,054 $150,000 $150,000 $0
2020 $1,037 $150,000 $150,000 $0
2019 $1,633 $200,000 $200,000 $0
2018 $0 $200,000 $200,000 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Roberta Forbes

    Starlight Homes NC LLC

  • M

    Seller Co-Listing Agent in 2021

    Marisa Leigh-Laba

    Davidson Homes Realty, LLC

    (919) 475-4299

    8 in this area

    440 Total Sales

    Marisa Leigh-Laba
    Section Image
  • Alison Wojnarowski

    Buyer's Agent in 2021

    Alison Wojnarowski

    LPT Realty, LLC

    (919) 504-5265

    33 in this area

    296 Total Sales

    Alison Wojnarowski
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2347309

Doorify MLS

APN: 1811.04-63-6684-000

North Carolina Wake County Wake Forest 27587 Falls Lake

1309 Magnolia Glen Cir Unit 739, Wake Forest, NC

This home is located at 1309 Magnolia Glen Cir Unit 739, Wake Forest, NC 27587 since 08 October 2020 and is currently estimated at $827,081, approximately $330 per square foot. This property was built in 2020. 1309 Magnolia Glen Cir Unit 739 is a home located in Wake County with nearby schools including Brassfield Elementary School, Wakefield Middle, and Wakefield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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