NOT LISTED FOR SALE

246 Capellan St Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,043,000 - $1,126,000

5 Beds
5 Baths
4,176 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2023

Last sale price $1,000,000 $239 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,812 / mo

38 Days on Market

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 2023

Gorgeous 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

Keller Williams Realty

Last Buyer's Agent

Jamie Buckley

Berkshire Hathaway HomeService License #281032

Berkshire Hathaway HomeService

Range of Values:

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Value Increase
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Percent Increase
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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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,953

Year Built

Built in 2007

Lot Details

0.61 Acres

HOA Fees

$100 per month

Parking

3

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Subdivision Name: St Ives
  • Above Grade Finished Sq Ft: 4176.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 462.0
  • General Property Information Total Unfinished Area2: 462.0
  • General Property Information Lot Size Dimensions: 116x216x118x228
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: 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 Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Gorgeous 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. Living room w/coffered ceiling. Formal dining room. Family room w/grand gas log FP & bookshelves. Kitchen w/cherry cabinets, granite, ss appliances. Each bedroom w/its own bath. Office w/built-ins. Screen porch. This home offers everything you could want!!
  • General Property Information Association Phone: 919-848-4911
  • Attic Features Unfinished2: Yes
  • Pool Features In Ground: Yes
  • General Property Information Above Grade Finished Area: 4176.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 26571.6
  • General Property Information Lot Size Acres: 0.61
  • General Property Information:Living Area3: 4176.0
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: 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
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Attic Features:Floored: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.61
  • Construction Type: Brick Veneer, Fiber Cement, Stone
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 600.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 600.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Zoning: GR3
  • Lot Dimensions: 116x216x118x228
  • Lot Size Sq Ft: 26571.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7953.0
  • Tax Year: 2022
  • Tax Map Number: BM2006-01053

MLS Schools

  • Elementary School: Wake - Forest Pines

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
$1,070,679

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
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

  • Taralyn Farrell Real Estate Agent - Coldwell Banker Advantage

    Taralyn Farrell

    Responds Quickly

    Coldwell Banker Advantage

    (866) 515-6914

    132 Total Sales

    1 in Falls Lake

    $292,000 Price

    Taralyn Farrell
     Section Image
  • Jennifer Coleman Real Estate Agent - Coldwell Banker Advantage

    Jennifer Coleman

    Coldwell Banker Advantage

    (984) 208-2426

    177 Total Sales

    3 in Falls Lake

    $450K - $1.6M Price Range

    Jennifer Coleman
     Section Image
  • Jo Ann Gardner Real Estate Agent - All About U Real Estate

    Jo Ann Gardner

    All About U Real Estate

    (833) 310-4543

    34 Total Sales

    2 in Falls Lake

    $840K - $1.4M Price Range

    Jo Ann Gardner
     Section Image
  • Irene Higginson Real Estate Agent - Keller Williams Legacy

    Irene Higginson

    Keller Williams Legacy

    (984) 833-2084

    36 Total Sales

    6 in Falls Lake

    $265K - $1.5M Price Range

    Irene Higginson
     Section Image
  • Dale Suggs Real Estate Agent - Keller Williams Realty Cary

    Dale Suggs

    Keller Williams Realty Cary

    (984) 205-2965

    91 Total Sales

    1 in Falls Lake

    $570,000 Price

    Dale Suggs
     Section Image
  • Kathleen LeBlanc Real Estate Agent - Flex Realty

    Kathleen LeBlanc

    Flex Realty

    (984) 500-2456

    64 Total Sales

    1 in Falls Lake

    $1,683,000 Price

    Kathleen LeBlanc
     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
$1,000,000 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

    Section Image
  • Jamie Buckley Real Estate Agent - Berkshire Hathaway HomeService

    Buyer's Agent in 2023

    Jamie Buckley

    Berkshire Hathaway HomeService

    (919) 601-2592

    3 in this area

    44 Total Sales

    Jamie Buckley
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2507732

Doorify MLS

APN: 1831.11-65-7726-000

North Carolina Wake County Wake Forest 27587 Falls Lake

246 Capellan St, Wake Forest, NC

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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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