NOT LISTED FOR SALE

1317 Magnolia Glen Cir Unit 738 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $906,000 - $1,065,000

4 Beds
3.5 Baths
3,200 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $610,000 $191 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,894/month

135 Days on Market

Highlights

  • Golf Course Community
  • New Construction
  • Transitional Architecture
  • Brassfield Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2021

The Faraday on Unfinished Bsmt is a spacious 4 Bdrm home w/Study. Basement offers another 1200 sq ft of space to finish and broaden your home sq footage! Gourmet Kitchen, with large island Built in Oven/Microwave and built-in gas stove! Owner's Suite w/trey ceiling and easy access to Laundry Room! 2nd Level offers spacious entertainment room w/3 bdrms (1 has own private bath) 2 others have Jack & Jill bath. Hasentree is an amazing golf community w/so many amenities! April/May Delivery!

Last Agent to Sell the Property

Roberta Forbes

Starlight Homes NC LLC License #266703 Listed on: 10/14/2020

Co-Listed By

Marisa Leigh-Laba

Davidson Homes Realty, LLC License #192862

Last Buyer's Agent

Marti Hampton

EXP Realty LLC License #132302

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,395

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac

HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Unfinished Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Private Water Closet
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Enclosed Patio or Porch

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
  • Cable TV Available

Community Details

Overview

  • Ppm Association
  • Built by Davidson Homes LLC
  • Hasentree Subdivision, Faraday A Floorplan

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,395

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$245 per month

Parking

2

Listing Details

  • Builder Name: Davidson Homes LLC
  • Builder Model: Faraday A
  • Year Built: 2020
  • Prop. Type: Residential
  • Co List Office Mls Id: 76647
  • Co List Office Phone: 919-475-4299
  • Subdivision Name: Hasentree
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 1661.0
  • General Property Information Total Unfinished Area2: 1661.0
  • General Property Information Lot Size Dimensions: See Plat Map
  • 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
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-04-01
  • Basement Walk-In Crawl Space: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: 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 Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Sewer Community Sewer: Yes
  • General Property Information Above Grade Finished Area: 3200.0
  • 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: Faraday A
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Shower Only, Smooth Ceilings, Tray Ceiling(s), Water Closet
  • Basement: Crawl Space, Daylight, Exterior Entry, Full, Unfinished, Walk-In Crawl Space
  • Appliances: Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • 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
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Gas4: Yes
  • Attic Features:Walk-In Attic: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Community Features:Golf: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.33
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Enclosed, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Street Lights
  • 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:Trail(s): Yes
  • Association Amenities:Tennis Courts: 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

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Brassfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
May 10, 2021
Sold by
Davidson Homes Llc
Bought by
Giangrande Damon Antony
Seller's Agent
Roberta Forbes
Starlight Homes NC LLC
Buyer's Agent
Marti Hampton
EXP Realty LLC
List Price
$577,000
Sold Price
$610,000
Premium/Discount to List
$33,000
5.72%
Current Estimated Value
$980,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,672
Avg. Annual Appreciation
11.45%
Original Mortgage
$488,000
Outstanding Balance
$406,286
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$574,386

Purchase Details

Closed on
Jun 6, 2019
Sold by
Dh3llc Mft
Bought by
Davidson Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.2%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Giangrande Damon Antony $610,000 None Available
Davidson Homes Llc $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giangrande Damon Antony $488,000
Previous Owner Davidson Homes Llc $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $610,000 -- --
05/10/2021 05/10/21 Sold $610,000 0.0% $191 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/15/2021 02/15/21 Price Changed $610,000 +1.7% $191 / Sq Ft
11/19/2020 11/19/20 Price Changed $600,000 +4.0% $188 / Sq Ft
10/14/2020 10/14/20 For Sale $577,000 -- $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 $5,395 $840,319 $180,000 $660,319
2024 $5,238 $840,319 $180,000 $660,319
2023 $4,750 $606,662 $150,000 $456,662
2022 $4,401 $606,662 $150,000 $456,662
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
  • Marti Hampton

    Buyer's Agent in 2021

    Marti Hampton

    EXP Realty LLC

    (919) 601-7710

    76 in this area

    1,336 Total Sales

    Marti Hampton
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2348391

Doorify MLS

APN: 1811.04-63-5500-000

North Carolina Wake County Wake Forest 27587 Falls Lake

1317 Magnolia Glen Cir Unit 738, Wake Forest, NC

This home is located at 1317 Magnolia Glen Cir Unit 738, Wake Forest, NC 27587 since 14 October 2020 and is currently estimated at $980,672, approximately $306 per square foot. This property was built in 2020. 1317 Magnolia Glen Cir Unit 738 is a home located in Wake County with nearby schools including Brassfield Elementary School, Wakefield Middle, and Wakefield High School.

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