NOT LISTED FOR SALE

Estimated Value: $2,024,000 - $2,690,000

4 Beds
5 Baths
4,913 Sq Ft
$494/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $2,406,000 $490 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,292/month

45 Days on Market

Highlights

  • Water Views
  • Built-In Refrigerator
  • Private Lot
  • Pleasant Union Elementary School Rated A
  • Open Floorplan
  • Great Room with Fireplace

About This Home

As of August 2024

This custom-built home by AR Homes is the one to see. Nestled on a prime 1.35 acre lot, the property features a striking facade with a harmonious blend of modern design elements and natural materials.

As you approach the home, the driveway leads to a spacious three-car garage, seamlessly integrated into the architectural design. The grand entrance boasts a double-height glass door, inviting you into a world of luxury and comfort.

Inside, the home offers an open-concept floor plan with high ceilings and an airy, spacious feel. The large windows throughout ensure that each room is bathed in natural light, creating an inviting atmosphere. The modern aesthetic continues with clean lines, high-end finishes, and meticulous attention to detail, making this home a perfect blend of form and function.

The backyard is a true sanctuary, providing endless possibilities for relaxation and entertainment. It is fully pool-ready, offering a perfect spot to create your own private oasis. Whether you envision hosting elegant outdoor gatherings or enjoying quiet, serene moments, this space offers the ideal canvas.

Situated just a short walk from the beautiful Falls Lake, this home provides not only luxury and comfort but also convenience and access to nature. It is a perfect retreat for those seeking a modern lifestyle in a tranquil setting.

*secondary bedrooms and offices are virtually staged*

Last Agent to Sell the Property

Eugene Rau

Costello Real Estate & Investm License #317162 Listed on: 05/23/2024

Costello Real Estate & Investm

Last Buyer's Agent

Kathy Underhill

Fathom Realty NC, LLC License #143552

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2024

Lot Details

  • 1.35 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Secluded Lot
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Lighted Parking
  • Garage Door Opener
  • Private Driveway
  • 3 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Modernist Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Architectural Shingle Roof
  • Metal Roof
  • Stone Veneer

Interior Spaces

  • 4,913 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Great Room with Fireplace
  • 2 Fireplaces
  • Water Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Built-In Gas Oven
  • Built-In Range
  • Range Hood
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Smart Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Home Security

  • Smart Lights or Controls
  • Security Lights
  • Smart Home
  • Smart Thermostat

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • Pleasant Union Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include storm water maintenance
  • Ppm Association, Phone Number (919) 848-4911
  • Built by AR Homes: Monterey Bay
  • Falls Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0890985894

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,730

Year Built

Built in 2024

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Builder Name: AR Homes: Monterey Bay
  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Falls Reserve
  • Above Grade Finished Sq Ft: 4913.0
  • Architectural Style: Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 923.0
  • General Property Information Total Unfinished Area2: 923.0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 919-848-4911
  • Architectural Style Modernist: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Water Connected: Yes
  • Cooling Gas3: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 4913.0
  • Utilities Electricity Connected: Yes
  • Utilities Underground Utilities: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Septic Connected: Yes
  • Utilities Cable Connected: Yes
  • Foundation Details PillarPostPier: Yes
  • Interior Features Dual Closets: Yes
  • General Property Information Lot Size Square Feet2: 58806.0
  • Roof:Metal2: Yes
  • General Property Information Lot Size Acres: 1.35
  • Cooling Multi Units: Yes
  • Security Features Security Lights: Yes
  • General Property Information Stories2: 2
  • General Property Information Builder Name: AR Homes: Monterey Bay
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Varies
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dual Closets, Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Quartz Counters, Recessed Lighting, Smart Home, Smart Light(s), Smart Thermostat, Smooth Ceilings, Sound System, Walk-In Closet(s), Walk-In Shower
  • Appliances: Bar Fridge, Built-In Gas Oven, Built-In Range, Built-In Refrigerator, Dishwasher, Double Oven, Exhaust Fan, Ice Maker, Range Hood, Refrigerator, Smart Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Outside
  • Fireplaces: 2
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Appliances:Ice Maker: Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Exhaust Fan: Yes
  • Interior Features:Smart Home: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Built-In Range: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Built-In Refrigerator: Yes
  • Appliances:Smart Appliance(s): Yes
  • Interior Features:Sound System: Yes
  • Appliances:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Architectural Shingle, Metal
  • Exterior Features: Balcony, Barbecue, Gas Grill, Lighting, Outdoor Grill
  • Acres: 1.35
  • Construction Type: Brick, Engineered Wood, Stone Veneer
  • Foundation Details: Block, Pillar/Post/Pier
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Secluded: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Gas Grill: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Stone Veneer: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Private2: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Exterior Features:Barbecue2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Door Opener, Lighted, Off Street
  • Total Parking Spaces: 6.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:Lighted: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected, Underground Utilities
  • Heating: Fireplace(s), Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Gas, Multi Units, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • 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: 1200.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 58806.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0890985894

Tax Info

  • Tax Annual Amount: 3730.08
  • Tax Year: 2024
  • Tax Map Number: 48

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 1, 2024
Sold by
Meyer Martin
Bought by
Morales Efrain Eusebio and Figueroa Helen Rovira
Seller's Agent
Eugene Rau
Costello Real Estate & Investm
Buyer's Agent
Kathy Underhill
Fathom Realty NC, LLC
List Price
$2,500,000
Sold Price
$2,406,000
Premium/Discount to List
-$94,000
-3.76%
Views
165
Current Estimated Value
$2,426,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,174
Avg. Annual Appreciation
0.70%

Purchase Details

Closed on
Dec 5, 2020
Sold by
Falls Lake Developers Llc
Bought by
Monterey Bay Raleigh Llc
Source: Public Records

Range of Values:

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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
Morales Efrain Eusebio $2,406,000 None Listed On Document
Monterey Bay Raleigh Llc $362,500 None Available
Monterey Bay-Raleigh Llc $362,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $2,406,000 -3.8% $490 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $2,500,000 -- $509 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $15,943 $2,536,370 $275,000 $2,261,370
2024 $12,242 $2,395,418 $275,000 $2,120,418
2023 $3,730 $478,400 $210,000 $268,400
2022 $1,517 $210,000 $210,000 $0
2021 $1,476 $210,000 $210,000 $0
2020 $1,451 $210,000 $210,000 $0
2019 $0 $185,000 $185,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10030786

Doorify MLS

APN: 0890.02-98-5894-000