Heidi Cowley
Temporary Office
(844) 380-3593
20 Total Sales
5 in Falls Lake
$720K - $1.8M Price Range
2725 Penfold Ln Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $515,000 - $666,000
3
Beds
2.5
Baths
2,441
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Traditional Architecture
- Richland Creek Elementary School Rated A-
- Partially Wooded Lot
- Cathedral Ceiling
About This Home
As of May 2025When you enter this stunning 3-bedroom home, you're immediately greeted by a bright, open space that feels both welcoming and elegant with recently refinished floors! Just off the entryway, you'll find the impressive first-floor primary suite, a true retreat. It boasts a spacious walk-in closet, perfect for all your wardrobe needs, and a luxurious en-suite bathroom complete with a soaking tub for ultimate relaxation, along with sleek dual vanities. Moving further into the home, the open-concept main level unfolds, with an upgraded kitchen on your left, outfitted with stainless steel appliances. It's a chef's dream! Conveniently pass through the butler's pantry into a formal dining room ideal for hosting family dinners or celebrations, making this home an entertainer's paradise! As you walk into the living area, you can't help but notice the soaring vaulted ceilings and an abundance of natural light streaming through the windows. A cozy gas fireplace anchors the room, providing warmth and ambiance. From here, you'll catch glimpses of the beautiful wooded backyard. Step outside onto the spacious deck with newly installed gazebo, where you're greeted by the serene, tree-lined view. It's the perfect spot to relax or entertain, offering a peaceful backdrop for outdoor living. Upstairs, you'll find additional bedrooms and a versatile bonus room, offering space for a home office, playroom, or guest suite. Though you feel tucked away in this tranquil setting, you're just minutes from all the conveniences of Wake Forest close to shopping, dining, parks and excellent schools. Make 2725 Penfold Lane your forever home! ***Wait there is more! $2500 lender credit available through Southern Trust Mortgage, contact Jimmy Hedges at 919-946-8063***
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,249
Year Built
- Built in 2001 | Remodeled
Lot Details
- 20,473 Sq Ft Lot
- Back Yard Fenced
- Landscaped
- Partially Wooded Lot
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side Facing Garage
- 2 Open Parking Spaces
Home Design
- Traditional Architecture
- Brick or Stone Mason
- Pillar, Post or Pier Foundation
- Shingle Roof
- Stone
Interior Spaces
- 2,441 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Tray Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Combination Kitchen and Dining Room
- Bonus Room
- Pull Down Stairs to Attic
Kitchen
- Butlers Pantry
- Electric Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Security Lights
- Smart Thermostat
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Handicap Accessible
Outdoor Features
- Deck
- Gazebo
- Front Porch
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Cooling System Powered By Gas
- Central Air
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Cable TV Available
Community Details
- Association fees include ground maintenance
- Prestwicke HOA, Phone Number (919) 676-4008
- Prestwicke Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831.03-22-9587
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
Nov 16, 2024
Closed on
Jun 12, 2025
Sold by
Bought by
Seller's Agent
Lori Hill
LPT Realty, LLC
Buyer's Agent
Eric Morton
Morton Bradbury Real Estate Group
List Price
$635,000
Sold Price
$605,000
Premium/Discount to List
-$30,000
-4.72%
Views
331
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
-$4,315
Avg. Annual Appreciation
-0.55%
Original Mortgage
$544,500
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 16, 2024
Closed on
Apr 29, 2025
Sold by
Bought by
Seller's Agent
Lori Hill
LPT Realty, LLC
Buyer's Agent
Eric Morton
Morton Bradbury Real Estate Group
List Price
$635,000
Sold Price
$605,000
Premium/Discount to List
-$30,000
-4.72%
Views
331
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,500
Interest Rate
6.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 12, 2023
Closed on
Nov 8, 2023
Sold by
Bought by
Seller's Agent
Tina Caul
EXP Realty LLC
Buyer's Agent
Lori Hill
LPT Realty, LLC
List Price
$615,000
Sold Price
$618,000
Premium/Discount to List
$3,000
0.49%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.45%
Original Mortgage
$298,000
Interest Rate
5%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 28, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 24, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,175
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,990
Interest Rate
6.23%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 11, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.81%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Falls Lake, NC
-
Heidi Cowley
-
Joan Petty
JP
Joan Petty
Joan MacNair Petty NC Realty,
(833) 322-4497
23 Total Sales
1 in Falls Lake
$3,500,000 Price
-
Shelley Welch
Shelley Welch
Next Stage Realty
(877) 679-4352
56 Total Sales
4 in Falls Lake
$535K - $785K Price Range
-
Bart Riddick
Bart Riddick
Coldwell Banker HPW
(252) 396-6107
32 Total Sales
1 in Falls Lake
$329,000 Price
-
Pamela Mundra
Pamela Mundra
Century 21 Triangle Group
(833) 437-4772
81 Total Sales
5 in Falls Lake
$425K - $825K Price Range
-
Rachel Groff
Rachel Groff
Turnkey Residential LLC
(984) 500-1196
20 Total Sales
1 in Falls Lake
$800,000 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $605,000 | None Listed On Document | ||
| $618,000 | Market Title | ||
| $365,000 | None Available | ||
| $345,000 | None Available | ||
| $320,000 | None Available | ||
| $266,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $544,500 | ||
| Closed | $298,000 | ||
| Previous Owner | $325,000 | ||
| Previous Owner | $350,175 | ||
| Previous Owner | $31,990 | ||
| Previous Owner | $256,000 | ||
| Previous Owner | $250,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $605,000 | -2.3% | $248 / Sq Ft | |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- | |
| 02/06/2025 02/06/25 | Price Changed | $619,500 | -1.4% | $254 / Sq Ft | |
| 12/05/2024 12/05/24 | Price Changed | $628,500 | -1.0% | $257 / Sq Ft | |
| 11/16/2024 11/16/24 | For Sale | $635,000 | +2.8% | $260 / Sq Ft | |
| 11/16/2023 11/16/23 | Sold | $618,000 | +0.5% | $253 / Sq Ft | View Prior Sale |
| 10/15/2023 10/15/23 | Pending | -- | -- | -- | |
| 10/12/2023 10/12/23 | For Sale | $615,000 | -- | $252 / 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 | $5,500 | $560,126 | $100,000 | $460,126 |
| 2024 | $5,370 | $560,126 | $100,000 | $460,126 |
| 2023 | $4,169 | $357,077 | $55,000 | $302,077 |
| 2022 | $4,000 | $357,077 | $55,000 | $302,077 |
| 2021 | $3,930 | $357,077 | $55,000 | $302,077 |
| 2020 | $3,930 | $357,077 | $55,000 | $302,077 |
| 2019 | $3,867 | $310,082 | $60,000 | $250,082 |
| 2018 | $3,662 | $310,082 | $60,000 | $250,082 |
| 2017 | $3,539 | $310,082 | $60,000 | $250,082 |
| 2016 | $3,494 | $310,082 | $60,000 | $250,082 |
| 2015 | $4,068 | $356,767 | $80,000 | $276,767 |
| 2014 | $3,937 | $356,767 | $80,000 | $276,767 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Hill
Seller's Agent in 2025
Lori Hill
LPT Realty, LLC
(586) 260-8609
6 in this area
66 Total Sales
-
James Hill
Seller Co-Listing Agent in 2025
James Hill
LPT Realty, LLC
(919) 906-1636
1 in this area
29 Total Sales
-
Eric Morton
Buyer's Agent in 2025
Eric Morton
Morton Bradbury Real Estate Group
(919) 964-0474
20 in this area
461 Total Sales
-
C
Buyer's Agent in 2025
Chris Morton
Howard Perry & Walston Realtor
-
Tina Caul
Seller's Agent in 2023
Tina Caul
EXP Realty LLC
(919) 263-7653
76 in this area
3,262 Total Sales
-
Jessica Dillon
J
Seller Co-Listing Agent in 2023
Jessica Dillon
EXP Realty LLC
(910) 550-6492
2 in this area
14 Total Sales
Map
Source: Doorify MLS
MLS Number: 10063710
APN: 1831.03-22-9587-000
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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