NOT LISTED FOR SALE

2329 Paddstowe Main Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $475,000 - $593,000

3 Beds
2.5 Baths
2,071 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $510,000 $246 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,975/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Primary Bedroom
  • North Forest Pines Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2022

Tucked away in a peaceful culdesac, this one checks all of your boxes! 1+ acre lot with open play space and gorgeous foliage. Enjoy the mild NC evenings on your covered back porch and grilling deck. Come home to wood-burning FP and hardwood floors. DOWNSTAIRS Master suite includes a cedar-lined walk in closet. Updated kitchen boasts one-of-a-kind soapstone countertops. Custom apron sink, gas range, coffee bar, and two pantries! Dual closets in upstairs bedrooms. Plus a finished bonus room! USDA eligible.

Last Agent to Sell the Property

Jerry Dickerson

Carolina Open Door Realty License #275631 Listed on: 05/25/2022

Co-Listed By

Margaret Dickerson

Carolina Open Door Realty License #288068

Last Buyer's Agent

Alex Lawrence

Dogwood Properties License #281333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1995

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 197x38x442x45x335
  • Property has an invisible fence for dogs
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Cape Cod Architecture
  • Masonite

Interior Spaces

  • 2,071 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Crawl Space
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Paddstowe Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,039

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Co List Office Mls Id: 1439
  • Co List Office Phone: 919-471-8000
  • Subdivision Name: Paddstowe
  • Above Grade Finished Sq Ft: 2071.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 197x38x442x45x335
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Other Structures Outbuilding: Yes
  • Interior Features Shower Only: Yes
  • Laundry Features Laundry Closet: Yes
  • Attic Features Scuttle: Yes
  • Levels One and One Half: Yes
  • Fencing Invisible: Yes
  • General Property Information Above Grade Finished Area: 2071.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 45302.4
  • General Property Information Lot Size Acres: 1.04
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Downstairs, Separate Shower, Shower Only, Soaking Tub, Tile Counters, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Gas Cooktop, Gas Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Tile Counters: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Fencing: Invisible
  • Acres: 1.04
  • Construction Type: Fiber Cement, Masonite
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 197x38x442x45x335
  • Lot Size Sq Ft: 45302.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2039.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 21, 2022
Sold by
Phelan Shawn P and Phelan Kathy T
Bought by
Siler Samuel W and Siler Katherine
Seller's Agent
Jerry Dickerson
Carolina Open Door Realty
Buyer's Agent
Alex Lawrence
Dogwood Properties
List Price
$475,000
Sold Price
$510,000
Premium/Discount to List
$35,000
7.37%
Current Estimated Value
$515,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,602
Avg. Annual Appreciation
0.34%
Original Mortgage
$408,000
Outstanding Balance
$388,863
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$126,739

Purchase Details

Closed on
Mar 27, 1997
Bought by
Phelan Shawn P and Phelan Kathy T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Siler Samuel W $510,000 Midtown Property Law
Phelan Shawn P $170,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siler Samuel W $408,000
Previous Owner Phelan Kathleen Thorn $105,000
Previous Owner Phelan Shawn P $166,881
Previous Owner Phelan Kathy T $187,000
Previous Owner Phelan Shawn P $187,200
Previous Owner Phelan Shawn P $184,000
Previous Owner Phelan Shawn P $23,000
Previous Owner Phelan Shawn Patrick $176,102
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $510,000 -- --
06/28/2022 06/28/22 Sold $510,000 +7.4% $246 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $475,000 -- $229 / 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 $3,040 $472,153 $115,000 $357,153
2024 $2,952 $472,153 $115,000 $357,153
2023 $2,260 $287,272 $65,000 $222,272
2022 $2,095 $287,272 $65,000 $222,272
2021 $2,039 $287,272 $65,000 $222,272
2020 $2,005 $287,272 $65,000 $222,272
2019 $2,072 $251,303 $60,000 $191,303
2018 $1,906 $251,303 $60,000 $191,303
2017 $1,807 $251,303 $60,000 $191,303
2016 $1,770 $251,303 $60,000 $191,303
2015 $1,857 $264,532 $71,000 $193,532
2014 -- $264,532 $71,000 $193,532
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerry Dickerson

    Carolina Open Door Realty

    (919) 291-0446

    4 in this area

    66 Total Sales

    Jerry Dickerson
    Section Image
  • Margaret Dickerson

    Seller Co-Listing Agent in 2022

    Margaret Dickerson

    Carolina Open Door Realty

    (919) 291-4365

    5 in this area

    58 Total Sales

    Margaret Dickerson
    Section Image
  • Alex Lawrence

    Buyer's Agent in 2022

    Alex Lawrence

    Dogwood Properties

    (919) 559-4772

    2 in this area

    55 Total Sales

    Alex Lawrence
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2451408

Doorify MLS

APN: 1822.04-74-9150-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2329 Paddstowe Main Way, Wake Forest, NC

This home is located at 2329 Paddstowe Main Way, Wake Forest, NC 27587 since 25 May 2022 and is currently estimated at $515,602, approximately $248 per square foot. This property was built in 1995. 2329 Paddstowe Main 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.

Nearby Homes