$365,000
SOLD AUG 14, 2026
3 Beds
2.5 Baths
2,522 Sq Ft
2026 Built

Sale Details

Date Sold: August 14, 2026

$145 Per Sq Ft

16% Below List Price

105 Days on Market

Highlights

  • New Construction
  • The property is located in a historic district
  • Deck
  • Richland Creek Elementary School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of August 2026

Brand new Stanley Martin home featuring a rooftop terrace! Experience urban convenience with suburban charm. This brand-new Julianne floorplan offers an oversized private rooftop terrace, 3 bedrooms, 2.5 bathrooms, a private study, all in a prime location. Located just steps from the new Wake Forest Food Hall and the upcoming 2.5-acre park. The open-concept main level features a gourmet kitchen with a 12 foot oversized island, quartz countertops, premium cabinetry, and stainless-steel appliances. The spacious family room is perfect for both everyday living and entertaining. A private study provides a quiet space for remote work, reading, or hobbies. Enjoy fresh air year-round on your covered deck ideal for morning coffee. Upstairs, the primary suite offers a spa-inspired bathroom with dual vanities and a walk-in closet. Two additional bedrooms and a full bath complete the upper level, providing comfort and flexibility for family or guests. Highlights include: Steps from the new Wake Forest Food Hall and future park Walk to shops, dining, and historic downtown Wake Forest Innovative townhome-style condo design with modern finishes including private rooftop terrace. Model located at 100 Ailey Brook Way #100, Wake Forest, NC 27587. Please stop by model for open houses or schedule your private tour today! *Home is near completion. Photos are of a similar home*

Last Agent to Sell the Property

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 04/02/2026

Last Buyer's Agent

Michelle Henderson

Coldwell Banker HPW License #350723

Coldwell Banker HPW
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2026 | New Construction

Lot Details

  • Two or More Common Walls
  • North Facing Home

HOA Fees

  • $275 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,522 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Smooth Ceilings
  • High Ceiling
  • Combination Kitchen and Dining Room
  • Scuttle Attic Hole
  • Smart Locks

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Terrace

Schools

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • The property is located in a historic district

Community Details

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 5.3

Property Details

Home Type

Condominium

Year Built

Built in 2026 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$275 per month

Parking

1

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: Julianne
  • Year Built: 2026
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water, Storm Water Maintenance
  • Subdivision Name: Magnolia Trace
  • Above Grade Finished Sq Ft: 2522.0
  • Architectural Style: Contemporary, Modern, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Effective Year Built: 2026
  • General Property Information Association Fee Required YN: Yes
  • Contract Information Estimated Completion Date: 2025-07-16
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Primary Bedroom Level: Second
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 275.0
  • DelayedMarketingYN: No
  • General Property Information:Builder Name3: Stanley Martin Homes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTU3MTg5IiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTE0VDE4OjQwOjU2LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.XjaK3TgpYcOU4rdsL4zIU3yJmOB0_9785WuNhJmyrls/badge
  • Special Features: 4098
  • Property Sub Type: Condos
  • Year Renovated: 2026

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data, Wired for Sound, Kitchen/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings
  • Appliances: Disposal, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Stainless Steel Appliance(s), Vented Exhaust Fan
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Attic Features:Attic Features: Scuttle
  • Interior Features:Interior Features: Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data, Wired for Sound, Kitchen/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Quartz Counters, Smooth Ceilings

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Balcony, Smart Lock(s)
  • Home Warranty: Yes
  • Common Walls: 2+ Common Walls
  • Construction Type: Brick, Fiber Cement
  • Direction Faces: North
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Terrace

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Concrete, Driveway, Garage Faces Rear, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Connected
  • Heating: Electric, Zoned
  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks, Historical Area
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 9198484911
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 5.3

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Richland Creek Elementary School

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 Sold $365,000 0.0% $145 / Sq Ft
07/16/2026 07/16/26 Pending -- -- --
06/24/2026 06/24/26 Price Changed $365,000 -8.8% $145 / Sq Ft
06/18/2026 06/18/26 Price Changed $400,000 +6.7% $159 / Sq Ft
06/17/2026 06/17/26 Price Changed $375,000 -6.3% $149 / Sq Ft
05/07/2026 05/07/26 Price Changed $400,000 -8.0% $159 / Sq Ft
04/23/2026 04/23/26 For Sale $435,000 0.0% $172 / Sq Ft
04/17/2026 04/17/26 Off Market $435,000 -- --
04/02/2026 04/02/26 For Sale $435,000 -- $172 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,495 $204,642 $47,395 $157,247
2024 $15,495 $191,433 $44,336 $147,097
2023 $14,886 $174,506 $40,416 $134,090
2022 $12,941 $155,561 $37,233 $118,328
2021 $12,296 $146,300 $35,016 $111,284
2020 $11,953 $141,080 $33,767 $107,313
2019 $11,446 $136,705 $32,720 $103,985
2018 $10,787 $127,482 $27,081 $100,401
2017 $10,255 $123,817 $26,302 $97,515
2016 $9,316 $113,115 $25,598 $87,517
2015 -- $109,554 $24,792 $84,762
2014 -- $70 $70 $0
2013 -- $70 $70 $0
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 10157189

Doorify MLS
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