NOT LISTED FOR SALE

2365 Ballywater Lea Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,460,000 - $1,637,000

4 Beds
4 Baths
4,169 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $1,410,693 $338 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,960/month

38 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • Wood Flooring
  • North Forest Pines Elementary School Rated A
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2023

1ST FLOOR MASTER, GUEST & STUDY! UNF BASEMENT! 3 CAR GARAGE! Kit: Quartz Center Island w/Barstool Seating, Cstm Cabs to Ceiling, SS Appls Incl GasCooktop w/VentHood, Huge Walk in Pantry! Open to Dining w/Trip Window! Master: w/HWDs, Accent Beam Ceiling! MBath: Sep Vanities w/Quartz, Zero Entry Spa Shower w/Freestanding Tub, Linen Cabs & WIC! FamRoom: HWDs, Cstm Srrnd Gas Log Fireplace w/Built Ins & 12' Slider to Screened Porch! 2nd Floor Rec Room, Craft Room, Loft & Unf Storage Area!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 06/01/2022

Last Buyer's Agent

Jennifer Harris

RE/MAX United License #222610

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,987

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.34 Acre Lot
  • Landscaped with Trees
  • Property is zoned R40-W

HOA Fees

  • $88 Monthly HOA Fees

Parking

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

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Board and Batten Siding

Interior Spaces

  • 4,169 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Unfinished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

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

Community Details

  • Ppm Association
  • Built by Tobin Construction Company
  • Waterstone Manors Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,987

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Builder Name: Tobin Construction Company
  • Year Built: 2023
  • Prop. Type: Residential
  • Subdivision Name: Waterstone Manors
  • Above Grade Finished Sq Ft: 4169.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 2067.0
  • General Property Information Total Unfinished Area2: 2067.0
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: 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: 2023-01-01
  • Basement Walk-In Crawl Space: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: M
  • 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
  • Room Types Utility Room: Yes
  • Utilities Cable Available: Yes
  • In-Law Suite Details Main Foor: Yes
  • Room Types Recreation Room3: Yes
  • Water Source Community Water: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 4169.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 58370.4
  • General Property Information Lot Size Acres: 1.34
  • General Property Information Builder Name: Tobin Construction Company
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Unfinished, Walk-In Crawl Space
  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Unfinished: Yes
  • Appliances:Convection Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.34
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: 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
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R40-W
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 58370.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Map Number: 18437/2752

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Mar 29, 2023
Sold by
Tobin Construction Comapny Llc
Bought by
Stepney Reginald and Stepney Sandra
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Jennifer Harris
RE/MAX United
List Price
$1,375,000
Sold Price
$1,410,693
Premium/Discount to List
$35,693
2.6%
Views
48
Current Estimated Value
$1,532,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,577
Avg. Annual Appreciation
3.36%
Original Mortgage
$1,127,060
Outstanding Balance
$1,094,097
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$438,173
Source: Public Records

Range of Values:

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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
Stepney Reginald $1,411,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepney Reginald $1,127,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,410,693 -- --
03/30/2023 03/30/23 Sold $1,410,693 +2.6% $338 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $1,375,000 -- $330 / 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 $8,987 $1,401,955 $250,000 $1,151,955
2024 $8,726 $1,401,955 $250,000 $1,151,955
2023 $3,698 $768,669 $180,000 $588,669
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

    461 in this area

    4,834 Total Sales

    Jim Allen
    Section Image
  • Jennifer Harris

    Buyer's Agent in 2023

    Jennifer Harris

    RE/MAX United

    (919) 931-0313

    4 in this area

    58 Total Sales

    Jennifer Harris
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2452661

Doorify MLS

APN: 1821.02-55-7730-000

North Carolina Wake County Wake Forest 27587 Falls Lake

2365 Ballywater Lea Way, Wake Forest, NC

This home is located at 2365 Ballywater Lea Way, Wake Forest, NC 27587 since 01 June 2022 and is currently estimated at $1,532,270, approximately $367 per square foot. This property was built in 2023. 2365 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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