NOT LISTED FOR SALE

716 Reserve Estates Dr Wake Forest, NC 27587

Estimated Value: $1,222,000 - $1,354,358

6 Beds
7 Baths
6,006 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2022

Last sale price $1,200,000 $200 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,955 / mo

15 Days on Market

Highlights

  • 1.39 Acre Lot
  • Deck
  • Family Room with Fireplace
  • Richland Creek Elementary School Rated A-
  • Secluded Lot
  • Wooded Lot

About This Home

As of September 2022

Desirable Estate Home located on over an acre with Incredible Outdoor Living! 3 Car Garage & Wrap Around Front Porch! Finished Bsmt with Bonus Room, Theater Room, and Unfin Storage Space! 3rd Floor Flex Room w/ Walk in Attic! Chef's Kitchen ft quartz counters, wood beamed ceiling, & ss appl overlooks the Family Room! Owners Suite ft his&her WICs, lrg tub, & sep shower! Enjoy entertaining in the Screened In Porch, Deck & Pavilion w/ grilling station & stone fireplace that overlooks serene yard!

Last Agent to Sell the Property

Ida Terbet

Coldwell Banker HPW License #101494 Listed on: 07/14/2022

Coldwell Banker HPW

Last Buyer's Agent

Laurie Compiano

Fathom Realty NC License #279687

Fathom Realty NC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,174

Year Built

  • Built in 2014

Lot Details

  • 1.39 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Irrigation Equipment
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Pad
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • 3-Story Property
  • Brick or Stone Mason
  • Concrete Foundation
  • Stone

Interior Spaces

  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Shower Only in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Ppm Association, Phone Number (919) 848-4911
  • Built by Jordan Built Homes
  • The Reserve Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,174

Year Built

Built in 2014

Lot Details

1.39 Acres

HOA Fees

$75 per month

Parking

3

Listing Details

  • Builder Name: Jordan Built Homes
  • Year Built: 2014
  • Prop. Type: Residential
  • Subdivision Name: The Reserve
  • Above Grade Finished Sq Ft: 4662.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Tri-Level, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 336.0
  • General Property Information Below Grade Unfinished Area: 489.0
  • General Property Information Total Unfinished Area2: 825.0
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Desirable Estate Home located on over an acre with Incredible Outdoor Living! 3 Car Garage & Wrap Around Front Porch! Finished Bsmt with Bonus Room, Theater Room, and Unfin Storage Space! 3rd Floor Flex Room w/ Walk in Attic! Chef's Kitchen ft quartz counters, wood beamed ceiling, & ss appl overlooks the Family Room! Owners Suite ft his&her WICs, lrg tub, & sep shower! Enjoy entertaining in the Screened In Porch, Deck & Pavilion w/ grilling station & stone fireplace that overlooks serene yard!
  • General Property Information Association Phone: 919-848-4911
  • Levels Three Or More: Yes
  • Basement Heated3: Yes
  • Levels Tri-Level: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Basement Unheated: Yes
  • General Property Information Above Grade Finished Area: 4662.0
  • General Property Information Below Grade Finished Area: 1344.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 60548.4
  • General Property Information Lot Size Acres: 1.39
  • General Property Information:Living Area3: 6006.0
  • General Property Information Builder Name: Jordan Built Homes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Pantry, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Concrete, Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry, Unheated
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wall Oven
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1344.0
  • Fireplace Features: Family Room, Gas, Gas Log, Masonry, Wood Burning
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Fenced Yard, Lighting, Rain Gutters
  • Acres: 1.39
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Secluded: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Parking Pad
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Parking Pad: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 900.0
  • 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: 900.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 60548.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9174.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 16, 2022
Sold by
Riccio Jr Louis M and Riccio Penny T
Bought by
Leonard Christian Charles and Leonard Meg Elizabeth
Seller's Agent
Ida Terbet
Coldwell Banker HPW
Buyer's Agent
Laurie Compiano
Fathom Realty NC
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
$1,307,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,590
Avg. Annual Appreciation
2.42%
Original Mortgage
$775,000
Outstanding Balance
$740,243
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$567,347

Purchase Details

Closed on
Feb 20, 2015
Sold by
Jordans Construction Inc
Bought by
Riccio Louis M and Riccio Penny T

Purchase Details

Closed on
Oct 31, 2013
Sold by
Mba Land Group Llc
Bought by
Jordans Construction Inc and Jordanbuilt Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leonard Christian Charles $1,200,000 --
Riccio Louis M $690,000 None Available
Jordans Construction Inc $131,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Christian Charles $775,000
Previous Owner Jordans Construction Inc $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,200,000 -- --
09/26/2022 09/26/22 Sold $1,200,000 -7.3% $200 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,295,000 -- $216 / 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 $11,365 $1,185,983 $247,500 $938,483
2024 $11,322 $1,185,983 $247,500 $938,483
Source: Public Records

Agents Affiliated with this Home

  • Ida Terbet

    Seller's Agent in 2022

    Ida Terbet

    Coldwell Banker HPW

    (919) 539-6409

    66 in this area

    591 Total Sales

    Ida Terbet
    Section Image
  • Laurie Compiano

    Buyer's Agent in 2022

    Laurie Compiano

    Fathom Realty NC

    (919) 414-8565

    1 in this area

    30 Total Sales

    Laurie Compiano
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2462350

Doorify MLS

APN: 1851.04-61-0547-000

North Carolina Wake County Wake Forest 27587

716 Reserve Estates Dr, Wake Forest, NC

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