$316,000
SOLD SEP 5, 2025

421 Wait Ave Unit 100 Wake Forest, NC 27587

2 Beds
2.5 Baths
1,602 Sq Ft
$275/mo HOA Fee

Recently Sold

$197 Per Sq Ft

6% Below List Price

63 Days on Market

Highlights

  • Deck
  • Modernist Architecture
  • 1 Car Attached Garage
  • Heritage Elementary School Rated A
  • Loft
  • 4-minute walk to H.L. Miller Park

About This Home

As of September 2025

Now offering $5K in Seller Paid Closing Costs with an acceptable offer! Welcome home to this beautifully maintained 2-story condo that lives like a townhouse, offering the perfect blend of comfort and convenience in vibrant downtown Wake Forest. This 2BR/2.5BA home with a 1 car garage features a spacious open-concept layout ideal for modern living. The main level boasts a bright and airy living space with large windows and luxury vinyl plank flooring. The kitchen is equipped with quartz countertops, stainless steel appliances, ample cabinetry, and a large island —perfect for meal prep, casual meals and entertaining. Upstairs, you'll find two generously sized bedrooms a loft and an outdoor deck. The Owners Suite has two large separate closets and a beautiful bathroom with dual sinks, quartz counters and a walk-in shower. Situated just steps from local shops, restaurants, parks, and cultural attractions, this home offers walkability and a low-maintenance lifestyle in one of Wake Forest's most desirable locations. Whether you're a first-time buyer, downsizing, or seeking a smart investment, this home is a must-see! Investors are welcome with the opportunity for Long term, short term or AirB&B rentals.

Last Agent to Sell the Property

Jolene Wise

EXP Realty LLC License #295276 Listed on: 05/21/2025

EXP Realty LLC

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 2023

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Modernist Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,602 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Private Water Closet

Laundry

  • Laundry in Hall
  • Laundry on upper level
  • Stacked Washer and Dryer

Outdoor Features

  • Deck

Schools

  • Heritage Elementary And Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, pest control, security, sewer, water
  • Ppm Inc. Association, Phone Number (919) 848-4911
  • Built by Stanley Martin
  • Magnolia Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1841612236

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,391

Year Built

Built in 2023

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Builder Name: Stanley Martin
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Water
  • Subdivision Name: Magnolia Square
  • Above Grade Finished Sq Ft: 1602.0
  • Architectural Style: Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-848-4911
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Laundry Features In Hall: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 275.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1602.0
  • Room Types Primary Bathroom Level: Second
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Cable Connected: Yes
  • General Property Information Builder Name: Stanley Martin
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Water Closet
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Microwave, Oven, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM Inc.
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM Inc.
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Security2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel #: 1841612236

Tax Info

  • Tax Annual Amount: 3391.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Heritage

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2025 09/05/25 Sold $316,000 -2.8% $197 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
06/18/2025 06/18/25 Price Changed $325,000 -3.0% $203 / Sq Ft
05/21/2025 05/21/25 For Sale $335,000 -4.3% $209 / Sq Ft
12/22/2023 12/22/23 Sold $350,000 0.0% $222 / Sq Ft View Prior Sale
12/14/2023 12/14/23 Off Market $350,000 -- --
11/22/2023 11/22/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $350,000 -9.9% $222 / Sq Ft
08/02/2023 08/02/23 Price Changed $388,390 -1.3% $246 / Sq Ft
05/25/2023 05/25/23 Price Changed $393,390 +1.3% $250 / Sq Ft
05/10/2023 05/10/23 Price Changed $388,390 +0.1% $246 / Sq Ft
02/28/2023 02/28/23 Price Changed $387,990 -3.7% $246 / Sq Ft
02/24/2023 02/24/23 For Sale $402,990 -- $256 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10097656

Doorify MLS