NOT LISTED FOR SALE

3516 Purnell Rd Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $786,000 - $877,039

4 Beds
3.5 Baths
3,347 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $801,565 $239 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,812/month

Highlights

  • New Construction
  • 2.14 Acre Lot
  • Main Floor Primary Bedroom
  • North Forest Pines Elementary School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of February 2022

Custom two-story home site sits on a 2.141 AC within 20 miles of downtown Raleigh, lot sits next to a well stablished neighborhood, minutes from shopping, dining, parks. This expansive floor plan, open kitchen with granite counters and stainless-steel appliances, dining & living areas. Fam. room features a fireplace, built-ins, screened porch & deck opens to serene landscape. Master bedroom features a private WIC, large bathtub, shower. 3 upstairs bedrooms, oversized rec room with loads of storage. Enjoy!

Last Agent to Sell the Property

Christina Drumgo

NorthGroup Real Estate, Inc. License #322105 Listed on: 12/18/2021

NorthGroup Real Estate, Inc.

Last Buyer's Agent

Mary Smyth

LPT Realty, LLC License #279240

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2.14 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Frame Construction
  • Board and Batten Siding

Interior Spaces

  • 3,347 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by J&W Custom Homes, LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,000

Year Built

Built in 2021 | New Construction

Lot Details

2.14 Acres

Parking

4

Listing Details

  • Builder Name: J&W Custom Homes, LLC
  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3347.0
  • Architectural Style: Colonial, Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-02-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Primary Bedroom Level: M
  • Architectural Style Colonial: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Above Grade Finished Area: 3347.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 93261.96
  • General Property Information Lot Size Acres: 2.141
  • General Property Information:Living Area3: 3347.0
  • General Property Information Builder Name: J&W Custom Homes, LLC
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 2.14
  • Construction Type: Board & Batten Siding, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Board Batten Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 93261.96
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6000.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 24, 2022
Sold by
Billiter John P
Bought by
Happy Place Land Trust
Seller's Agent
Christina Drumgo
NorthGroup Real Estate, Inc.
Buyer's Agent
Mary Smyth
LPT Realty, LLC
List Price
$699,900
Sold Price
$801,565
Premium/Discount to List
$101,665
14.53%
Current Estimated Value
$835,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,445
Avg. Annual Appreciation
1.01%
Original Mortgage
$641,252
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 9, 2022
Sold by
J & W Custom Homes Llc
Bought by
Billiter John P
Seller's Agent
Christina Drumgo
NorthGroup Real Estate, Inc.
Buyer's Agent
Mary Smyth
LPT Realty, LLC
List Price
$699,900
Sold Price
$801,565
Premium/Discount to List
$101,665
14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,252
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2021
Sold by
Bailey Carlton L and Bailey Dorothy F
Bought by
J & W Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
3.1%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Happy Place Land Trust -- Strauss Attorneys Pllc
Billiter John P $802,000 Newman & Newman Pllc
J & W Custom Homes Llc $97,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billiter John P $641,252
Previous Owner J & W Custom Homes Llc $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $801,565 -- --
02/23/2022 02/23/22 Sold $801,565 +14.5% $239 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $699,900 -- $209 / Sq Ft
Source: Doorify MLS

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 $5,615 $874,799 $135,600 $739,199
2024 $5,453 $874,799 $135,600 $739,199
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christina Drumgo

    NorthGroup Real Estate, Inc.

    Section Image
  • Mary Smyth

    Buyer's Agent in 2022

    Mary Smyth

    LPT Realty, LLC

    (919) 995-4821

    7 in this area

    65 Total Sales

    Mary Smyth
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2423799

Doorify MLS

APN: 1822.02-65-1179-000

North Carolina Wake County Wake Forest 27587 Falls Lake

3516 Purnell Rd, Wake Forest, NC

Not Listed for Sale

Detached

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