NOT LISTED FOR SALE

720 Precipice Way Unit 346 Wake Forest, NC 27587

Estimated Value: $544,000 - $607,000

4 Beds
3 Baths
2,688 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $471,625 $175 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,676/month

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Richland Creek Elementary School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of December 2021

The Winstead II features a dramatic two-story foyer with an open floor plan with both a kitchen & breakfast room plus a spacious family room. Drop zone is located off the garage entry adjacent to walk in pantry. Guest bed room on the main floor with full bath including a walk in shower. Large loft on second floor along with 2 bedrooms & owners suite. Owners suite features a walk in shower, separate soaking tub, & double vanities. Amenities include community pool, clubhouse, pocket park, and trails.

Last Agent to Sell the Property

Jessica Jordan

Lennar Carolinas LLC License #301993 Listed on: 07/30/2021

Lennar Carolinas LLC

Co-Listed By

Rj Wiley

Lennar Carolinas LLC License #193899

Last Buyer's Agent

William Vines

Keller Williams Realty United License #328743

Keller Williams Realty United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 119 x 56

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Insulated Windows
  • Family Room
  • Breakfast Room
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Porch

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
  • Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • Charleston Association
  • Built by Lennar Homes
  • Tryon Subdivision, Winstead Ii Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,133

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$93 per month

Parking

2

Listing Details

  • Builder Name: Lennar Homes
  • Builder Model: Winstead II
  • Year Built: 2021
  • Prop. Type: Residential
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Tryon
  • Above Grade Finished Sq Ft: 2688.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 119 X 56
  • 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 Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-11-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 2688.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Builder Name: Lennar Homes
  • General Property Information Builder Model: Winstead II
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, High Speed Internet, Separate Shower, Walk-In Closet(s)
  • Appliances: Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Acres: 0.2
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 93.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 93.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 119 X 56
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Dec 29, 2021
Sold by
Lennar Carolinas Llc
Bought by
Gonsalves Tonja
Seller's Agent
Jessica Jordan
Lennar Carolinas LLC
Buyer's Agent
William Vines
Keller Williams Realty United
List Price
$471,625
Sold Price
$471,625
Current Estimated Value
$571,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,553
Avg. Annual Appreciation
6.15%
Original Mortgage
$377,300
Outstanding Balance
$351,261
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$230,649
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
Gonsalves Tonja $472,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonsalves Tonja $377,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $471,625 -- --
12/29/2021 12/29/21 Sold $471,625 0.0% $175 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $471,625 -- $175 / 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
2024 $5,133 $534,765 $130,000 $404,765
2023 $4,071 $348,665 $110,000 $238,665
2022 $3,906 $348,665 $110,000 $238,665
2021 $1,205 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2399059

Doorify MLS

APN: 1851.04-90-2874-000