NOT LISTED FOR SALE

7220 New Forest Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $980,000 - $1,023,000

5 Beds
3.5 Baths
4,166 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $933,000 $224 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,743/month

4 Days on Market

Highlights

  • 1.86 Acre Lot
  • Deck
  • Cathedral Ceiling
  • Wake Forest High School Rated 9+
  • Wooded Lot
  • Transitional Architecture

About This Home

As of March 2023

Custom All brick 5 bed 3.5 bath Estate home on almost 2 acres of tree lined privacy minutes to North Raleigh & downtown Wake Forest in desirable Waterfall Plantation. Excellent location. This well-maintained home wows you w 2 story foyer & majestic wall to ceiling windows with extensive custom molding in 2 story family room open to gourmet kitchen. Separate dining, office/living, first floor primary suite w updated spa like bath, 4 bedrooms plus large bonus up. 3rd floor walk up attic for storage/future expansion. 3 car highbay garage. Relax on oversized deck overlooking mature hardwoods & serene private yard. Room for a future pool. This is a Dream Home...must see!

Last Agent to Sell the Property

Meredith Kisner

EXP Realty LLC License #214842 Listed on: 02/16/2023

EXP Realty LLC

Co-Listed By

Maryann Meagher

EXP Realty LLC License #257067

Last Buyer's Agent

Julie Chung

Berkshire Hathaway HomeService License #229693

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,552

Year Built

  • Built in 2000

Lot Details

  • 1.86 Acre Lot
  • Irrigation Equipment
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

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

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 4,166 Sq Ft Home
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Whirlpool Bathtub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Permanent Attic Stairs

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

  • Forest Pines Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Community Details

  • Waterfall Plantation HOA
  • Built by Wooten Custom Builders
  • Waterfall Plantation Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,552

Year Built

Built in 2000

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Builder Name: Wooten Custom Builders
  • Year Built: 2000
  • Prop. Type: Residential
  • Co List Office Mls Id: 75067
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Waterfall Plantation
  • Above Grade Finished Sq Ft: 4166.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 648.0
  • General Property Information Total Unfinished Area2: 648.0
  • General Property Information Lot Size Dimensions: See recorded plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: 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: 2
  • 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: M
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Room Types Workshop2: Yes
  • Levels Tri-Level: Yes
  • Water Source Community Water: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 4166.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 81021.6
  • General Property Information Lot Size Acres: 1.86
  • General Property Information Builder Name: Wooten Custom Builders
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer, Water Purifier
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Propane
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Appliances:Water Purifier: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.86
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Waterfall Plantation HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Waterfall Plantation HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Zoning: RES
  • Lot Dimensions: See recorded plat
  • Lot Size Sq Ft: 81021.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4552.0

MLS Schools

  • Elementary School: Wake - Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 24, 2023
Sold by
Smoot Charles Steven and Smoot Dorothy J
Bought by
Jicha Gregory and Jicha Deborah
Seller's Agent
Meredith Kisner
EXP Realty LLC
Buyer's Agent
Julie Chung
Berkshire Hathaway HomeService
List Price
$920,000
Sold Price
$933,000
Premium/Discount to List
$13,000
1.41%
Views
21
Current Estimated Value
$1,002,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,035
Avg. Annual Appreciation
2.90%
Original Mortgage
$875,300
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Goodwin Heir Lp
Bought by
Apex First Development Llc

Purchase Details

Closed on
Sep 29, 2000
Sold by
Smoot Charles Steven
Bought by
Smoot Charles Steven and Smoot Dorothy J

Purchase Details

Closed on
May 2, 2000
Sold by
G R Wooten Construction Inc
Bought by
Smoot Charles Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.75%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Goodwin Dorothy L and Goodwin William S
Bought by
Goodwin Heirs Ltd Partnership
Source: Public Records

Range of Values:

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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
Jicha Gregory $933,000 --
Apex First Development Llc $1,314,000 --
Smoot Charles Steven -- --
Smoot Charles Steven $515,000 --
Goodwin Heirs Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jicha Gregory $875,300
Previous Owner Smoot Charles Steven $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $933,000 -- --
03/29/2023 03/29/23 Sold $933,000 +1.4% $224 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $920,000 -- $221 / 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 $4,858 $801,459 $160,000 $641,459
2024 $4,718 $890,965 $160,000 $730,965
2023 $4,913 $627,611 $90,000 $537,611
2022 $4,553 $627,611 $90,000 $537,611
2021 $4,430 $627,611 $90,000 $537,611
2020 $4,357 $627,611 $90,000 $537,611
2019 $5,295 $645,953 $95,000 $550,953
2018 $4,867 $645,953 $95,000 $550,953
2017 $4,613 $645,953 $95,000 $550,953
2016 $4,519 $645,953 $95,000 $550,953
2015 $4,632 $664,136 $170,000 $494,136
2014 $4,390 $664,136 $170,000 $494,136
Source: Public Records

Agents Affiliated with this Home

  • Meredith Kisner

    Seller's Agent in 2023

    Meredith Kisner

    EXP Realty LLC

    (919) 434-6819

    6 in this area

    136 Total Sales

    Meredith Kisner
    Section Image
  • Maryann Meagher

    Seller Co-Listing Agent in 2023

    Maryann Meagher

    EXP Realty LLC

    (919) 619-3048

    4 in this area

    107 Total Sales

    Maryann Meagher
    Section Image
  • Julie Chung

    Buyer's Agent in 2023

    Julie Chung

    Berkshire Hathaway HomeService

    (919) 244-6130

    3 in this area

    105 Total Sales

    Julie Chung
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2495121

Doorify MLS

APN: 1821.04-94-2854-000

North Carolina Wake County Wake Forest 27587 Falls Lake

7220 New Forest Ln, Wake Forest, NC

This home is located at 7220 New Forest Ln, Wake Forest, NC 27587 since 16 February 2023 and is currently estimated at $1,002,035, approximately $240 per square foot. This property was built in 2000. 7220 New Forest Ln is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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