NOT LISTED FOR SALE

425 Wait Ave Unit 200 Wake Forest, NC 27587

Wake Forest Area

Estimated Value: $392,000

3 Beds
2.5 Baths
2,393 Sq Ft
2023 Built

Sale Details

Date Sold: March 24, 2025

Last sale price $435,000 $182 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,797 / mo

16 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Great Room with Fireplace
  • Heritage Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to H.L. Miller Park

About This Home

As of March 2025

No need to wait months for new construction when this end-unit home is move-in ready! Seller's circumstances mean extra value for you! This home has never been lived in and shows brand-new! This Julianne model offers an open floorplan with an inset balcony and a rooftop terrace. This condo lives like a townhome and has three bedrooms plus a private office, and a garage You'll love the luxurious fixtures, modern touches, and it comes with all appliances, including washer and dryer, plus a state-of-the art security system. Enjoy the good life in downtown Wake Forest close to restaurants, bars, shops, and more. Be sure to view the interactive virtual tour.

Last Agent to Sell the Property

Stacey Delgado

Redfin Corporation License #277520 Listed on: 02/07/2025

Last Buyer's Agent

Grant Wiest

Choice Residential Real Estate License #278888

Choice Residential Real Estate

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 2023

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • 1 Open Parking Space

Home Design

  • Transitional Architecture
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • 2,393 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Recessed Lighting
  • Electric Fireplace
  • Great Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Terrace

Schools

  • Heritage Elementary And Middle School
  • Wake Forest High School

Additional Features

  • Southwest Facing Home
  • Forced Air Heating and Cooling System

Community Details

  • Ppm Association, Phone Number (919) 848-4911
  • Built by Stanley Martin Homes
  • Magnolia Square Subdivision, Julianne Floorplan

Listing and Financial Details

  • Assessor Parcel Number 1841612236

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,448

Year Built

Built in 2023

Lot Details

0 Sq Ft Lot

HOA Fees

$275 per month

Parking

1

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: Julianne
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Magnolia Square
  • Above Grade Finished Sq Ft: 2393.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Third
  • Room Types Bedroom 3 Level: Third
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Third
  • Laundry Features Upper Level: Yes
  • Room Types Great Room2: Yes
  • General Property Information Association Phone: (919) 848-4911
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 275.0
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2393.0
  • Foundation Details Permanent: Yes
  • General Property Information Stories2: 4
  • General Property Information:Living Area3: 2393.0
  • General Property Information Builder Name: Stanley Martin Homes
  • General Property Information Direction Faces: Southwest
  • General Property Information Builder Model: Julianne
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Cooktop, Dishwasher, Electric Cooktop, Microwave, Range Hood, Stainless Steel Appliance(s), Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Great Room
  • Fireplaces: 1
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Great Room: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Recessed Lighting: Yes
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony
  • Construction Type: Fiber Cement
  • Direction Faces: Southwest
  • Foundation Details: Permanent
  • Patio And Porch Features: Terrace
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Balcony: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Garage Faces Front
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Front: 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

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • 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: 4448.5
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Heritage

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
Feb 7, 2025
Closed on
Feb 26, 2025
Sold by
Bought by
Seller's Agent
Stacey Delgado
Redfin Corporation
Buyer's Agent
Grant Wiest
Choice Residential Real Estate
List Price
$449,999
Sold Price
$435,000
Premium/Discount to List
-$14,999
-3.33%
Views
28
Current Estimated Value
$392,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,000
Avg. Annual Appreciation
-7.12%
Original Mortgage
$413,250
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2024
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
$360,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wake Forest, NC

  • Katie Dinsmore Real Estate Agent - Inhabit Real Estate

    Katie Dinsmore

    Inhabit Real Estate

    (844) 771-3016

    75 Total Sales

    1 in Wake Forest

    $630,000 Price

    Katie Dinsmore
     Section Image
  • Pamela Mundra Real Estate Agent - Century 21 Triangle Group

    Pamela Mundra

    Century 21 Triangle Group

    (833) 437-4772

    81 Total Sales

    1 in Wake Forest

    $330,000 Price

    Pamela Mundra
     Section Image
  • Heather Hope Real Estate Agent - Keller Williams Legacy

    Heather Hope

    Keller Williams Legacy

    (984) 205-8965

    67 Total Sales

    1 in Wake Forest

    $635,000 Price

    Heather Hope
     Section Image
  • Monica Foley Real Estate Agent - Foley Properties & Estates Co.

    Monica Foley

    Foley Properties & Estates Co.

    (888) 612-8474

    58 Total Sales

    8 in Wake Forest

    $375K - $900K Price Range

    Monica Foley
     Section Image
  • Susan Napolitano Real Estate Agent - Berkshire Hathaway HomeService

    Susan Napolitano

    Berkshire Hathaway HomeService

    (984) 305-3476

    79 Total Sales

    6 in Wake Forest

    $322K - $670K Price Range

    Susan Napolitano
     Section Image
  • Yandry Mastromihalis Real Estate Agent - eXp Realty, LLC - C

    Yandry Mastromihalis

    eXp Realty, LLC - C

    (888) 589-0345

    100 Total Sales

    2 in Wake Forest

    $280K - $370K Price Range

    Yandry Mastromihalis
     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
$435,000 None Listed On Document
$450,000 None Listed On Document
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
Closed $413,250
Previous Owner $360,000
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
03/24/2025 03/24/25 Sold $435,000 0.0% $182 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
02/09/2025 02/09/25 Price Changed $435,000 -3.3% $182 / Sq Ft
02/07/2025 02/07/25 For Sale $449,999 -- $188 / 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 $4,466 $474,449 $474,449
2024 $4,449 $474,449 $0 $474,449
Source: Public Records

Agents Affiliated with this Home

  • Grant Wiest Real Estate Agent - Choice Residential Real Estate

    Buyer's Agent in 2025

    Grant Wiest

    Choice Residential Real Estate

    (919) 998-8981

    10 Total Sales

    Grant Wiest
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Map

Source: Doorify MLS

MLS Number: 10075245

Doorify MLS

APN: 1841.19-61-2236-011

North Carolina Wake County Wake Forest 27587

425 Wait Ave Unit 200, Wake Forest, NC

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.

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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