NOT LISTED FOR SALE

2329 Paddstowe Main Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $471,000 - $583,000

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 $2,959/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
  • Separate Shower

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 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
  • Remarks and Miscellaneous Syndication Remarks2: 1+ acre lot tucked away in a peaceful culdesac. 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. Copy link for tour https://www.seetheproperty.com/story/416100/b.
  • 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
  • General Property Information:Living Area3: 2071.0
  • 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
  • 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
$514,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,977
Avg. Annual Appreciation
0.28%
Original Mortgage
$408,000
Outstanding Balance
$388,314
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$126,663

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    64 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

    54 Total Sales

    Margaret Dickerson
    Section Image
  • Alex Lawrence

    Buyer's Agent in 2022

    Alex Lawrence

    Dogwood Properties

    (919) 559-4772

    3 in this area

    63 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

Not Listed for Sale

Detached

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