1820 Oatlands Ct Wake Forest, NC 27587
Falls Lake Neighborhood
5
Beds
10
Baths
12,382
Sq Ft
1.87
Acres
Highlights
- Home Theater
- Sauna
- Recreation Room
- Wakefield Middle Rated A-
- 1.87 Acre Lot
- Traditional Architecture
About This Home
As of July 2021Boasting 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
Hodge & Kittrell Sotheby's Int License #183446 Listed on: 09/23/2019
Co-Listed By
Lauren Jernigan
Hodge & Kittrell Sotheby's Int
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
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%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$1,000,000
Outstanding Balance
$899,202
Interest Rate
1.73%
Mortgage Type
New Conventional
Estimated Equity
$1,766,198
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
Similar Homes in Wake Forest, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,960,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $1,500,000 | No Value Available | |
| Previous Owner | $291,000 | Credit Line Revolving | |
| Previous Owner | $1,100,000 | New Conventional | |
| Previous Owner | $1,100,000 | New Conventional | |
| Previous Owner | $1,100,000 | Unknown | |
| Previous Owner | $1,250,000 | Unknown | |
| Previous Owner | $1,250,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2025 03/29/25 | Price Changed | $2,800,000 | -6.7% | $226 / Sq Ft |
| 02/07/2025 02/07/25 | Price Changed | $3,000,000 | -6.3% | $242 / Sq Ft |
| 08/21/2024 08/21/24 | Price Changed | $3,200,000 | -11.1% | $258 / Sq Ft |
| 07/05/2024 07/05/24 | For Sale | $3,600,000 | +83.7% | $291 / Sq Ft |
| 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
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 |
|---|---|---|---|---|
| 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
-
Siobhan Finnamore
Seller's Agent in 2024
Siobhan Finnamore
Allen Tate/Raleigh-Glenwood
(919) 398-5288
5 in this area
125 Total Sales
-
Mollie Owen
Seller's Agent in 2021
Mollie Owen
Hodge & Kittrell Sotheby's Int
(919) 602-2713
14 in this area
165 Total Sales
-
L
Seller Co-Listing Agent in 2021
Lauren Jernigan
Hodge & Kittrell Sotheby's Int
Map
Source: Doorify MLS
MLS Number: 2280100
APN: 1820.02-65-1058-000
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