NOT LISTED FOR SALE

2332 Ballywater Lea Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,556,544 - $1,608,000

4 Beds
5 Baths
4,397 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2023

Last sale price $1,475,000 $335 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,541 / mo

378 Days on Market

Highlights

  • New Construction
  • Deck
  • Vaulted Ceiling
  • North Forest Pines Elementary School Rated A
  • Family Room with Fireplace
  • Transitional Architecture

About This Home

As of May 2023

1st Floor Master & Guest Suite! 3 Car Garage! Hardwoods Through Main Living & Upgraded Lighting Package! Kitchen: Vaulted Ceiling, Quartz Countertops, Large Center Island w/Breakfast Bar & Designer Pendant Lights, Custom Cabinets w/Decorative Hardware & Soft Close Doors & Drawers, Quartz Full Height Backsplash, Butler's Pantry, Walk in Pantry, Sliding Service Window to Porch Grill & Pedestrian Door Access to Rear Covered Porch! MasterSuite: w/Hardwoods, Trey Ceiling & Walk in Closet w/Custom Shelving! MasterBath: Designer Tile Flooring, Separate His/Her Vanites w/Quartz, Custom Cabinets, Freestanding Tub, Tile Surround Walk in Shower w/Bench Seat & Retractable Sprayer & Second Walk in Closet w/Private Access to Laundry! FamilyRoom: Coffered Ceiling w/Cove Crown Molding, Custom Suround Gas Log Fireplace w/Floating Mantle, Custom Built in Cabinets & Shelving,Quad Panel Sliders to Covered Porch Retreat w/Bluestone Flooring, Painted Brick to Ceiling Surround Fireplace, Outdoor Kitchen w/Built in Grill/Hood & Fridge & Retractable Screens! 2nd Floor Gameroom & Office/Craft Room!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 05/10/2023

Coldwell Banker HPW

Last Buyer's Agent

Gretchen Coley

Compass -- Raleigh License #209948

Compass -- Raleigh

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.99

HOA Fees

  • $88 Monthly HOA Fees

Parking

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

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 4,397 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Coffered Ceiling
  • Tray Ceiling
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Crawl Space
  • Smart Lights or Controls

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Bathtub with Shower
  • Shower
  • Separate Shower

Attic

  • Attic Floors
  • Pull Down Stairs to Attic
  • Unfinished Attic

Outdoor Features

  • Deck
  • Outdoor Fireplace
  • Rain Gutters

Schools

  • North Forest Pines Elementary School
  • Wakefield Middle School
  • Wakefield 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

Additional Features

  • Energy-Efficient Thermostat
  • 43,124 Sq Ft Lot

Community Details

  • Association fees include storm water maintenance
  • Ppm Association
  • Built by EDK Design Build
  • Waterstone Manors Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0.99 Acres

HOA Fees

$88 per month

Parking

3

Listing Details

  • Builder Name: EDK Design Build
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Waterstone Manors
  • Above Grade Finished Sq Ft: 4397.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • Contract Information Estimated Completion Date: 2023-01-01
  • Property Condition Framed: Yes
  • DelayedMarketingYN: No
  • General Property Information:Builder Name3: EDK Design Build
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjI0MzE1NDkiLCJTdGFuZGFyZFN0YXR1cyI6IkNsb3NlZCIsIk1vZGlmaWNhdGlvblRpbWVzdGFtcCI6IjIwMjYtMDgtMTlUMTU6NDQ6MzYuMDAwWiIsIkxpY2Vuc2VlSUQiOiJvYXV0aDJfMjU4NzEiLCJMaWNlbnNlZU5hbWUiOiJIb21lcyBQcm8ifQ.Qd8JOCV5ozPiUwEYq0MrrGuA2W8C8iMStbBJ8gAtSbY/badge
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Ceramic Tile, Tile, Wood
  • Interior Amenities: Bookcases, Coffered Ceiling(s), Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Smart Light(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Butler's Pantry, Shower Only, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Bathtub Only, Quartz Counters, Smooth Ceilings
  • Basement: Crawl Space, Walk-In Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Outside
  • Fireplaces: 2
  • Attic Features:Attic Features: Floored, Pull-Down Stairs, Unfinished
  • Interior Features:Interior Features: Bookcases, Coffered Ceiling(s), Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Smart Light(s), Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Butler's Pantry, Shower Only, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Bathtub Only, Quartz Counters, Smooth Ceilings

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.99
  • Construction Type: Brick, Fiber Cement, Stone
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Covered, Deck, Porch, Screened

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage Faces Side, Garage, Garage Door Opener

Utilities

  • Utilities: Cable Available
  • Heating: Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 43124.4
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Tax Info

  • Tax Map Number: Book18680 pg0063

MLS Schools

  • Elementary School: Wake - North Forest Pines Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
May 9, 2023
Sold by
Edk Design Build Llc
Bought by
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Gretchen Coley
Compass -- Raleigh
List Price
$1,475,000
Sold Price
$1,475,000
Views
32
Current Estimated Value
$1,580,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,136
Avg. Annual Appreciation
2.10%
Original Mortgage
$1,180,000
Outstanding Balance
$1,134,481
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$445,655
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Falls Lake, NC

  • Ganna Fisher Real Estate Agent - Real Estate By Design

    Ganna Fisher

    Real Estate By Design

    (984) 287-7552

    101 Total Sales

    3 in Falls Lake

    $305K - $883K Price Range

    Ganna Fisher
     Section Image
  • Sharon Brackins Real Estate Agent - RE/MAX Legacy

    Sharon Brackins

    RE/MAX Legacy

    (252) 590-4496

    17 Total Sales

    1 in Falls Lake

    $1,500,000 Price

    Sharon Brackins
     Section Image
  • Erica Sizemore Real Estate Agent - Keller Williams Realty

    Erica Sizemore

    Responds Quickly

    Keller Williams Realty

    (844) 741-4560

    245 Total Sales

    7 in Falls Lake

    $620K - $1.8M Price Range

    Erica Sizemore
     Section Image
  • Jessica Sulzen Real Estate Agent - Braken, LLC

    Jessica Sulzen

    Braken, LLC

    (855) 949-4793

    13 Total Sales

    1 in Falls Lake

    $810,000 Price

    Jessica Sulzen
     Section Image
  • Alex Rivers Real Estate Agent - Imagination Homes LLC

    Alex Rivers

    Imagination Homes LLC

    (833) 702-4203

    81 Total Sales

    5 in Falls Lake

    $725K - $2.5M Price Range

    Alex Rivers
     Section Image
  • Doro Taylor Real Estate Agent - CityGate Real Estate Services

    Doro Taylor

    CityGate Real Estate Services

    (833) 569-4419

    47 Total Sales

    1 in Falls Lake

    $535,000 Price

    Doro Taylor
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,475,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Open Lindberg Justin Roger $1,180,000
Previous Owner Edk Design Build Llc $1,060,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,475,000 -- --
05/09/2023 05/09/23 Sold $1,475,000 0.0% $335 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $1,475,000 0.0% $335 / Sq Ft
01/30/2023 01/30/23 Price Changed $1,475,000 +11.2% $335 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,326,675 -- $302 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,315 $1,453,233 $250,000 $1,203,233
2024 $9,045 $1,453,233 $250,000 $1,203,233
2023 $4,980 $835,244 $180,000 $655,244
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 Real Estate Agent - Coldwell Banker HPW

    Seller's Agent in 2023

    Jim Allen

    Coldwell Banker HPW

    (787) 339-9134

    415 in this area

    4,485 Total Sales

    Jim Allen
    Section Image
  • Gretchen Coley Real Estate Agent - Compass -- Raleigh

    Buyer's Agent in 2023

    Gretchen Coley

    Compass -- Raleigh

    (919) 283-5237

    45 in this area

    1,187 Total Sales

    Gretchen Coley
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2431549

Doorify MLS

APN: 1821.03-44-9914-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2332 Ballywater Lea Way, Wake Forest, NC

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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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