NOT LISTED FOR SALE

2308 Ballywater Lea Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,408,000 - $1,604,000

4 Beds
4.5 Baths
4,067 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $1,265,000 $311 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,680/month

7 Days on Market

Highlights

  • Home Theater
  • Deck
  • Wooded Lot
  • North Forest Pines Elementary School Rated A
  • Great Room with Fireplace
  • Cathedral Ceiling

About This Home

As of January 2023

This exceptional like new home (finished April 2022) is your opportunity to live in the nearly sold out Waterstone Manors! Custom built and expertly designed and crafted with high end upgrades and features throughout! Gourmet kitchen w/double oven, SS appliances, gas stove top, pot filler, quartz countertops, soft close cabinets plus scullery and a large center island open to the spacious great room with soaring ceilings, modern finishes and linear fireplace. Main bedroom down with a gorgeous owners suite and WIC plus second guest bedroom and private bath down. The library/study with full wall shelving and French doors is the perfect work from home space. Site finished oak hardwoods throughout the home and upgraded lighting with a modern flare. The bedrooms upstairs have private bathrooms and the large bonus room is a great space with lots of options. Outdoor covered porch offers a cozy space with outdoor fireplace. Additional decking for entertaining leads to an incredible fully fenced 1 acre yard, and room for a pool! MUST SEE THIS ONE!! Breathtaking without a doubt!

Last Agent to Sell the Property

Dominic Bagnulo

Real Broker, LLC License #266253 Listed on: 12/03/2022

Real Broker, LLC

Co-Listed By

Diane Florio

Keller Williams Elite Realty License #244397

Last Buyer's Agent

Barry Wilkins

Allen Tate/ Lake Royale License #295838

Allen Tate/ Lake Royale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 2022

Lot Details

  • 0.99 Acre Lot
  • Fenced Yard
  • Irrigation Equipment
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,067 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Great Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Unfinished Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Smart Lights or Controls
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Ppm Association
  • Waterstone Manors Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,376

Year Built

Built in 2022

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Co List Office Mls Id: 74402
  • Co List Office Phone: 984-244-5830
  • Subdivision Name: Waterstone Manors
  • Above Grade Finished Sq Ft: 4067.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: 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
  • Basement Walk-In Crawl Space: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • In-Law Suite Details Main Foor: Yes
  • Security Features Prewired: Yes
  • Fencing Privacy: Yes
  • Attic Features Unfinished2: Yes
  • Heating Gas Pack2: Yes
  • Water Source Community Water: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Mud Room: Yes
  • Room Types Media Room: Yes
  • General Property Information Above Grade Finished Area: 4067.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43124.4
  • General Property Information Lot Size Acres: 0.99
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Butler's Pantry, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Smart Light(s), Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space, Walk-In Crawl Space
  • Appliances: Convection Oven, Dishwasher, Double Oven, Dryer, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Gas Log, Great Room
  • Fireplaces: 2
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Appliances:Convection Oven: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Fenced Yard, Lighting, Rain Gutters
  • Fencing: Privacy
  • Acres: 0.99
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Forced Air, Gas Pack, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Gas Pack, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 88.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 88.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 43124.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3376.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Jan 18, 2023
Sold by
Ceglio Michael and Ceglio Sarah
Bought by
Lin Xue Qi and Ye Wu Jic
Seller's Agent
Dominic Bagnulo
Real Broker, LLC
Buyer's Agent
Barry Wilkins
Allen Tate/ Lake Royale
List Price
$1,350,500
Sold Price
$1,265,000
Premium/Discount to List
-$85,500
-6.33%
Views
43
Current Estimated Value
$1,490,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,555
Avg. Annual Appreciation
6.29%
Original Mortgage
$885,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Apr 5, 2022
Sold by
J & W Custom Homes Llc
Bought by
Ceglio Michael and Ceglio Sarah
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Jim Allen
Daughtry Realty
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$840,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Waterstone Partners Llc
Bought by
J & W Custom 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
$639,750
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Lin Xue Qi $1,265,000 --
Ceglio Michael -- Newman & Newman Pllc
Ceglio Michael -- None Listed On Document
J & W Custom Homes Llc $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xue Qi $885,500
Previous Owner Ceglio Michael $840,000
Previous Owner J & W Custom Homes Llc $639,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,265,000 -- --
12/15/2023 12/15/23 Off Market $1,200,000 -- --
01/20/2023 01/20/23 Sold $1,265,000 -6.3% $311 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $1,350,500 +12.5% $332 / Sq Ft
04/22/2022 04/22/22 Sold $1,200,000 0.0% $295 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,200,000 -- $295 / 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 $8,265 $1,289,098 $250,000 $1,039,098
2024 $8,025 $1,289,098 $250,000 $1,039,098
2023 $5,907 $755,056 $180,000 $575,056
2022 $3,376 $755,056 $180,000 $575,056
2021 $0 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dominic Bagnulo

    Real Broker, LLC

    (919) 600-3410

    5 in this area

    104 Total Sales

    Dominic Bagnulo
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Diane Florio

    Keller Williams Elite Realty

    Section Image
  • Barry Wilkins

    Buyer's Agent in 2023

    Barry Wilkins

    Allen Tate/ Lake Royale

    (919) 349-8603

    7 in this area

    448 Total Sales

    Barry Wilkins
    Section Image
  • Jim Allen

    Seller's Agent in 2022

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    461 in this area

    4,834 Total Sales

    Jim Allen
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2485836

Doorify MLS

APN: 1821.03-44-2704-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2308 Ballywater Lea Way, Wake Forest, NC

This home is located at 2308 Ballywater Lea Way, Wake Forest, NC 27587 since 03 December 2022 and is currently estimated at $1,490,555, approximately $366 per square foot. This property was built in 2022. 2308 Ballywater Lea Way is a home located in Wake County with nearby schools including North Forest Pines 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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