Kelly Cherry
Keller Williams Preferred Realty
(888) 364-6563
118 Total Sales
3 in Falls Lake
$675K - $1.3M Price Range
246 Capellan St Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $1,043,000 - $1,126,000
5
Beds
5
Baths
4,176
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Transitional Architecture
- Main Floor Primary Bedroom
- Wake Forest High School Rated A-
- Wood Flooring
- Whirlpool Bathtub
About This Home
As of August 2023Gorgeous custom-built estate home on .6 acre culdesac homesite w/fabulous inground pool, outdoor kitchen & fireplace. Luxury finishes abound in this bright & open floorplan. 1st floor primary suite w/spa bath & 1st floor guest suite w/separate entrance. Elegant foyer greets your guests. Living room w/coffered ceiling. Formal dining room. Family room w/grand gas log fireplace, cathedral ceiling & bookshelves. Kitchen w/cherry cabinets, granite, ss appliances including gas cooktop. Each bedroom w/its own bathroom. Office w/built-ins. Screened porch porch overlooking private backyard. This home offers everything you could want!
Last Agent to Sell the Property
Reginald Rogers
Keller Williams Realty License #64216 Listed on: 04/28/2023
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,953
Year Built
- Built in 2007
Lot Details
- 26,572 Sq Ft Lot
- Lot Dimensions are 116x216x118x228
- Landscaped with Trees
- Property is zoned GR3
HOA Fees
- $100 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Private Driveway
Home Design
- Transitional Architecture
- Brick Veneer
- Stone
Interior Spaces
- 4,176 Sq Ft Home
- 2-Story Property
- Coffered Ceiling
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Insulated Windows
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Bonus Room
- Utility Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Gas Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 5 Full Bathrooms
- Double Vanity
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
Attic
- Attic Floors
- Permanent Attic Stairs
- Unfinished Attic
Outdoor Features
- In Ground Pool
- Enclosed Patio or Porch
- Rain Gutters
Schools
- Forest Pines Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Community Details
Overview
- Ppm Association, Phone Number (919) 848-4911
- St Ives Subdivision
Recreation
- Tennis Courts
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
Apr 28, 2023
Closed on
Aug 9, 2023
Sold by
Russo Michael R and Russo Maria L
Bought by
Seller's Agent
Reginald Rogers
Keller Williams Realty
Buyer's Agent
Jamie Buckley
Berkshire Hathaway HomeService
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,679
Avg. Annual Appreciation
2.27%
Original Mortgage
$800,000
Outstanding Balance
$774,551
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$296,128
Purchase Details
Closed on
Jun 3, 2011
Sold by
First South Bank
Bought by
Russo Michael R and Russo Maria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2010
Sold by
John L Hayes Building Inc
Bought by
First South Bank
Purchase Details
Closed on
Jan 4, 2007
Sold by
St Ives Llc
Bought by
John L Hayes Building Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,483
Interest Rate
6.3%
Mortgage Type
Construction
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Falls Lake, NC
-
Kelly Cherry
-
Renee Rogers
Renee Rogers
Keller Williams Legacy
(984) 204-7294
180 Total Sales
4 in Falls Lake
$525K - $1.1M Price Range
-
Gerald Mack
Gerald Mack
Gerald Mack Realty
(984) 369-9714
211 Total Sales
4 in Falls Lake
$475K - $1.6M Price Range
-
Marie Burrell
Marie Burrell
Generations Real Estate
(984) 238-9373
64 Total Sales
1 in Falls Lake
$722,900 Price
-
Michelle Mundra
Michelle Mundra
Mundra Residential Group
(855) 339-7863
3 Total Sales
1 in Falls Lake
$1,654,000 Price
-
Ganna Fisher
Ganna Fisher
Real Estate By Design
(984) 287-7552
101 Total Sales
3 in Falls Lake
$305K - $883K Price Range
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 |
|---|---|---|---|
| $1,000,000 | None Listed On Document | ||
| Russo Michael R | $520,000 | Market Title | |
| First South Bank | $595,920 | None Available | |
| John L Hayes Building Inc | $160,000 | None Available |
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 | $800,000 | ||
| Previous Owner | Russo Michael R | $416,000 | |
| Previous Owner | John L Hayes Building Inc | $164,483 |
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 | $1,000,000 | -- | -- |
| 08/18/2023 08/18/23 | Sold | $1,000,000 | -13.0% | $239 / Sq Ft |
| 06/16/2023 06/16/23 | Pending | -- | -- | -- |
| 05/09/2023 05/09/23 | For Sale | $1,150,000 | -- | $275 / 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 | $9,643 | $1,002,259 | $180,000 | $822,259 |
| 2024 | $9,607 | $1,002,259 | $180,000 | $822,259 |
| 2023 | $8,291 | $711,807 | $130,000 | $581,807 |
| 2022 | $7,953 | $711,807 | $130,000 | $581,807 |
| 2021 | $7,814 | $711,807 | $130,000 | $581,807 |
| 2020 | $7,814 | $711,807 | $130,000 | $581,807 |
| 2019 | $8,869 | $713,213 | $102,000 | $611,213 |
| 2018 | $8,396 | $713,213 | $102,000 | $611,213 |
| 2017 | $8,115 | $713,213 | $102,000 | $611,213 |
| 2016 | $8,012 | $713,213 | $102,000 | $611,213 |
| 2015 | $8,987 | $790,349 | $175,000 | $615,349 |
| 2014 | $8,698 | $790,349 | $175,000 | $615,349 |
Source: Public Records
Agents Affiliated with this Home
-
RR
Seller's Agent in 2023
Reginald Rogers
Keller Williams Realty
-
Jamie Buckley
Buyer's Agent in 2023
Jamie Buckley
Berkshire Hathaway HomeService
(919) 601-2592
3 in this area
44 Total Sales
Map
Source: Doorify MLS
MLS Number: 2507732
APN: 1831.11-65-7726-000
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.
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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