NOT LISTED FOR SALE

1820 Oatlands Ct Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $2,539,731 - $2,994,000

5 Beds
10 Baths
12,382 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,960,000 $158 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $15,985/month

613 Days on Market

Highlights

  • Home Theater
  • Sauna
  • Recreation Room
  • Wakefield Middle Rated A-
  • 1.87 Acre Lot
  • Traditional Architecture

About This Home

As of July 2021

Boasting over 12,000 square feet of living space this exceptional estate offers a gracious entry foyer with winding staircase, home gym with newly installed sauna, theater room, three-car garage, and an advanced technology package. Designed by esteemed architects Spitzmiller & Norris, this custom floor plan provides the perfect setting for gatherings of any size. Set on almost two acres backing up to Army Corps of Engineers land and Falls Lake, enjoy a peaceful and serene setting from this cul-de-sac lot.

Last Agent to Sell the Property

Mollie Owen

Hodge & Kittrell Sotheby's Int License #183446 Listed on: 09/23/2019

Hodge & Kittrell Sotheby's Int

Co-Listed By

Lauren Jernigan

Hodge & Kittrell Sotheby's Int

Last Buyer's Agent

Siobhan Finnamore

Allen Tate/Raleigh-Glenwood License #249776

Allen Tate/Raleigh-Glenwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,563

Year Built

  • Built in 2001

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 306x271x235x191x100x104x36
  • Cul-De-Sac
  • Irrigation Equipment

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Wired For Sound
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Sauna
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations

Attic

  • Permanent Attic Stairs
  • Unfinished Attic

Finished Basement

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

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Rain Gutters

Schools

  • Wakefield Elementary And Middle School
  • Wakefield High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Association fees include road maintenance
  • Charleston Management Association, Phone Number (919) 847-3003
  • Built by Doug Perry
  • Wakefield Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,563

Year Built

Built in 2001

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Builder Name: Doug Perry
  • Year Built: 2001
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance
  • Co List Office Mls Id: 3234
  • Co List Office Phone: 919-876-7411
  • Subdivision Name: Wakefield Estates
  • Above Grade Finished Sq Ft: 8531.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1626.0
  • General Property Information Total Unfinished Area2: 1626.0
  • General Property Information Lot Size Dimensions: 306x271x235x191x100x104x36
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-847-3003
  • Levels Three Or More: Yes
  • Room Types Recreation Room3: Yes
  • Laundry Features Multiple Locations: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Media Room: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Above Grade Finished Area: 8531.0
  • General Property Information Below Grade Finished Area: 3851.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 81457.2
  • General Property Information Lot Size Acres: 1.87
  • General Property Information Builder Name: Doug Perry
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bookcases, Butler's Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Sauna, Separate Shower, Walk-In Closet(s), Walk-In Shower, Wet Bar, Wired for Sound
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Wall Oven, Warming Drawer
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 3851.0
  • Fireplace Features: Gas Log, Outside, Wood Burning
  • Fireplaces: 4
  • Total Bedrooms: 21
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Tankless Water Heater: 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:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Wired for Sound: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Attic Features:Permanent Stairs: Yes
  • Appliances:Warming Drawer: Yes
  • Interior Features:Sauna2: Yes
  • Fireplace Features:Fireplaces Total: 4

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.87
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Charleston Management
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • General Property Information:Association Fee: 350.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Lot Dimensions: 306x271x235x191x100x104x36
  • Lot Size Sq Ft: 81457.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14563.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Wake - Wakefield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Jul 12, 2021
Sold by
Forbes Joseph W and Forbes Suzanne Marie
Bought by
Mcdermott Gary P and Mcdermott Jeannie
Seller's Agent
Mollie Owen
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Siobhan Finnamore
Allen Tate/Raleigh-Glenwood
List Price
$2,500,000
Sold Price
$1,960,000
Premium/Discount to List
-$540,000
-21.6%
Current Estimated Value
$2,759,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,933
Avg. Annual Appreciation
8.49%
Original Mortgage
$1,000,000
Outstanding Balance
$892,394
Interest Rate
1.73%
Mortgage Type
New Conventional
Estimated Equity
$1,867,539

Purchase Details

Closed on
Feb 15, 2012
Sold by
Forbes Joseph W and Forbes Suzanne M
Bought by
Forbes Suzanne

Purchase Details

Closed on
Jan 10, 2012
Sold by
Forbes Joseph W
Bought by
Forbes Suzanne M

Purchase Details

Closed on
Jul 28, 2005
Sold by
Forbes Suzanne M
Bought by
Forbes Joseph W and Forbes Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.37%
Mortgage Type
New Conventional
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
Mcdermott Gary P $1,960,000 None Listed On Document
Forbes Suzanne -- None Available
Forbes Suzanne M -- None Available
Forbes Joseph W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Gary P $1,000,000
Previous Owner Forbes Joseph W $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,960,000 -- --
07/16/2021 07/16/21 Sold $1,960,000 -1.8% $158 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
04/15/2021 04/15/21 Price Changed $1,995,000 -5.0% $161 / Sq Ft
09/17/2020 09/17/20 Price Changed $2,100,000 -10.6% $170 / Sq Ft
07/02/2020 07/02/20 Price Changed $2,350,000 -6.0% $190 / Sq Ft
09/23/2019 09/23/19 For Sale $2,500,000 -- $202 / 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 $15,524 $2,424,027 $200,000 $2,224,027
2024 $15,073 $2,424,027 $200,000 $2,224,027
2023 $13,733 $1,758,816 $180,000 $1,578,816
2022 $12,722 $1,758,816 $180,000 $1,578,816
2021 $12,379 $1,758,816 $180,000 $1,578,816
2020 $12,173 $1,758,816 $180,000 $1,578,816
2019 $14,563 $1,780,747 $200,000 $1,580,747
2018 $13,383 $1,780,747 $200,000 $1,580,747
2017 $12,681 $1,780,747 $200,000 $1,580,747
2016 $12,423 $1,780,747 $200,000 $1,580,747
2015 $14,136 $2,032,503 $386,400 $1,646,103
2014 $13,394 $2,032,503 $386,400 $1,646,103
Source: Public Records

Agents Affiliated with this Home

  • Mollie Owen

    Seller's Agent in 2021

    Mollie Owen

    Hodge & Kittrell Sotheby's Int

    (919) 602-2713

    13 in this area

    169 Total Sales

    Mollie Owen
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Lauren Jernigan

    Hodge & Kittrell Sotheby's Int

    Section Image
  • Siobhan Finnamore

    Buyer's Agent in 2021

    Siobhan Finnamore

    Allen Tate/Raleigh-Glenwood

    (919) 398-5288

    5 in this area

    124 Total Sales

    Siobhan Finnamore
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2280100

Doorify MLS

APN: 1820.02-65-1058-000

North Carolina Wake County Wake Forest 27587 Falls Lake

1820 Oatlands Ct, Wake Forest, NC

This home is located at 1820 Oatlands Ct, Wake Forest, NC 27587 since 23 September 2019 and is currently estimated at $2,759,933, approximately $222 per square foot. This property was built in 2001. 1820 Oatlands Ct is a home located in Wake County with nearby schools including Wakefield Elementary School, Wakefield Middle, and Wakefield High School.

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