NOT LISTED FOR SALE

2364 Ballywater Lea Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,284,000 - $1,599,000

4 Beds
3.5 Baths
4,015 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $1,170,000 $291 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,312/month

193 Days on Market

Highlights

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

About This Home

As of April 2024

POOL READY LOT!! 3 Car Garage! 6' Hardwoods Thru Main Living! Main Floor Master & Office! 10' Ceilings! Tankless Water Heater! Kitchen: Huge Island w/Flush Bar w/Farmhouse Sink & Designer Pendants! Custom Cabs w/Soft Close, Under Cab Lighting! SS Appliances Package Incl 6-Burner Gas Cooktop, Convection Wall Oven & MW! Scullery Pantry! Master Suite: Vaulted Ceiling & Designer Light! Master Bath: Freestanding Soaker Tub w/Window, Huge Walk in Shower w/Frameless Glass, Corner Bench, Rain Head & Hand Shower! Individual Vanities & Sep Water Closet! Huge WIC w/Island Storage & Direct Access to Laundry Rm! Family Room: White Tile Surround Fireplace w/Built ins! 16' Slider to Screened Porch & Flagstone Patio!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 08/18/2023

Last Buyer's Agent

Blake Grubbs

RE/MAX Capital License #291353

RE/MAX Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,384

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.99 Acre Lot
  • Cleared 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

  • Craftsman Architecture
  • Transitional Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Frame Construction
  • Board and Batten Siding

Interior Spaces

  • 4,015 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Accessible Home Design

  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Association fees include storm water maintenance
  • Ppm Association, Phone Number (919) 848-5911
  • Built by Upright Builders, Inc.
  • Waterstone Manors Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1821557361

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,384

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Builder Name: Upright Builders, Inc.
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Waterstone Manors
  • Above Grade Finished Sq Ft: 4015.0
  • Architectural Style: Craftsman, Farmhouse, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2023
  • General Property Information Above Grade Unfinished Area: 1000.0
  • General Property Information Total Unfinished Area2: 1000.0
  • General Property Information Lot Size Dimensions: see plot plan
  • 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 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
  • Contract Information Estimated Completion Date: 2023-08-01
  • Architectural Style Farm House: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Association Phone: 919-848-5911
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 88.0
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 4015.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43124.4
  • General Property Information Lot Size Acres: 0.99
  • General Property Information Builder Name: Upright Builders, Inc.
  • Special Features: 4098
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Quartz Counters, Smooth Ceilings, Soaking Tub, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Outside
  • Fireplaces: 2
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: 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:Granite Counters: 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
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.99
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding, Brick
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking: No
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
  • Total Parking Spaces: 3.0
  • 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
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 88.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 919-848-5911
  • 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 plot plan
  • Lot Size Sq Ft: 43124.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 1821557361

Green Features

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

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Apr 8, 2024
Sold by
Upright Builders Inc
Bought by
Colson Michael G and Colson Kathryn Anne
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Blake Grubbs
RE/MAX Capital
List Price
$1,200,000
Sold Price
$1,170,000
Premium/Discount to List
-$30,000
-2.5%
Views
83
Current Estimated Value
$1,403,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,736
Avg. Annual Appreciation
13.19%
Original Mortgage
$650,000
Outstanding Balance
$638,010
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$765,726
Source: Public Records

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
Colson Michael G $1,170,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colson Michael G $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $1,170,000 -2.5% $291 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
12/17/2023 12/17/23 For Sale $1,200,000 0.0% $299 / Sq Ft
12/16/2023 12/16/23 Off Market $1,200,000 -- --
11/24/2023 11/24/23 Price Changed $1,200,000 -2.0% $299 / Sq Ft
10/10/2023 10/10/23 Price Changed $1,225,000 -2.0% $305 / Sq Ft
08/18/2023 08/18/23 For Sale $1,250,000 -- $311 / 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 $9,384 $1,464,101 $250,000 $1,214,101
2024 $9,112 $1,464,101 $250,000 $1,214,101
2023 $1,403 $810,620 $180,000 $630,620
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 2024

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    461 in this area

    4,834 Total Sales

    Jim Allen
    Section Image
  • Blake Grubbs

    Buyer's Agent in 2024

    Blake Grubbs

    RE/MAX

    (919) 480-8493

    7 in this area

    74 Total Sales

    Blake Grubbs
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2527805

Doorify MLS

APN: 1821.02-55-7361-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2364 Ballywater Lea Way, Wake Forest, NC

This home is located at 2364 Ballywater Lea Way, Wake Forest, NC 27587 since 18 August 2023 and is currently estimated at $1,403,736, approximately $349 per square foot. This property was built in 2023. 2364 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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