NOT LISTED FOR SALE

2313 Ballywater Lea Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,515,000 - $1,683,159

4 Beds
4.5 Baths
5,059 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $1,650,000 $326 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,911/month

258 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Contemporary Architecture
  • North Forest Pines Elementary School Rated A
  • Two Primary Bedrooms
  • Family Room with Fireplace

About This Home

As of July 2023

1.23 Acre WaterView HomeSite Backing to OpenSpace! POOL LOT! 2 Primary Suites (One Upstairs & One Downstairs) Or Sep Teen/Guest Suite! 1st Floor Study! Hwds Through Main Living Including Study! Kitchen: Custom Black Painted Island w/White Quartz & Designer Pendant Lights, Custom White Painted Cabinets, Wine Nook w/Accent Wall Tile & Raw Concrete Countertop, SS Appliances, White Tile Backsplash & Scullery! Open to Spacious Dining Area w/ Sliders to Covered Porch! MasterSuite: w/Vaulted Ceiling! MasterBath: Dual Vanity w/White Quartz, Freestanding Tub, Zero Entry 12x24 Tiled Shower w/Bench Seat & Huge Walk in Closet! FamilyRoom: Tray Ceiling, Tile Surround Linear Gas Log Fireplace w/Custom Built Ins & Triple Window! Upstairs Gameroom w/Wet Bar & Media Room! Covered Porch w/Fireplace & Patio!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 09/01/2022

Last Buyer's Agent

MaryKathryn Basnight

Compass -- Raleigh License #134135

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,331

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.23 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Property is zoned R-80W

HOA Fees

  • $88 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Modernist Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Cedar

Interior Spaces

  • 5,059 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Private Water Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Rain Gutters

Schools

  • N Forest Pines Elementary School
  • Wakefield Middle School
  • Wake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include storm water maintenance
  • Ppm Association
  • Built by Homestead Building Company
  • Waterstone Manors Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,331

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Builder Name: Homestead Building Company
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Waterstone Manors
  • Above Grade Finished Sq Ft: 5059.0
  • Architectural Style: Contemporary, Modern, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • 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
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-05-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • 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 Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Levels One and One Half: Yes
  • In-Law Suite Details Main Foor: Yes
  • Architectural Style Contemporary: Yes
  • Room Types Recreation Room3: Yes
  • Architectural Style Modernist: Yes
  • Water Source Community Water: Yes
  • Interior Features Second Primary Bedroom: Yes
  • Room Types Mud Room: Yes
  • Room Types Media Room: Yes
  • General Property Information Above Grade Finished Area: 5059.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 53578.8
  • General Property Information Lot Size Acres: 1.23
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Bookcases, Butler's Pantry, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Quartz Counters, Second Primary Bedroom, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Outside, Sealed Combustion
  • Fireplaces: 2
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: 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
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.23
  • Construction Type: Brick, Cedar, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, 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

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 - Wake Forest
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Zoning: R-80W
  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 53578.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

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

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Waterstone Partners Llc
Bought by
Homestead Building Company
Total Days on Market
258
Current Estimated Value
$1,619,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$144,242
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,474,798
Source: Public Records

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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
Homestead Building Company $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homestead Building Company $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,650,000 -- --
07/26/2023 07/26/23 Sold $1,650,000 0.0% $326 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $1,650,000 0.0% $326 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
10/01/2022 10/01/22 For Sale $1,650,000 -- $326 / 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
2024 $9,331 $1,499,286 $250,000 $1,249,286
2023 $1,403 $472,200 $180,000 $292,200
2022 $1,300 $180,000 $180,000 $0
2021 $0 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2023

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    491 in this area

    4,914 Total Sales

    Jim Allen
    Section Image
  • MaryKathryn Basnight

    Buyer's Agent in 2023

    MaryKathryn Basnight

    Compass -- Raleigh

    (919) 601-1038

    5 in this area

    74 Total Sales

    MaryKathryn Basnight
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2471949

Doorify MLS

APN: 1821.01-45-1177-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2313 Ballywater Lea Way, Wake Forest, NC

This home is located at 2313 Ballywater Lea Way, Wake Forest, NC 27587 since 01 September 2022 and is currently estimated at $1,619,040, approximately $320 per square foot. This property was built in 2023. 2313 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.

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