NOT LISTED FOR SALE

724 Reserve Estates Dr Wake Forest, NC 27587

Estimated Value: $1,027,000 - $1,198,000

6 Beds
5 Baths
4,777 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,039,900 $218 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,678/month

66 Days on Market

Highlights

  • 1.98 Acre Lot
  • Deck
  • Transitional Architecture
  • Richland Creek Elementary School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of July 2024

A Tranquil Retreat Nestled on a 1.98 Acre POOL READY Lot! City Water & City Sewer! 3 Car Garage! Enjoy access to the Town of Wake Forest natural pathways and the adjoining Wake Forest Reservoir, where you can enjoy fishing and non-motorized water sports! You are also just minutes to all of the area's shopping & restaurants! 10' Ceilings, Tankless H2O Heater & Sealed Crawlspace! Sunroom w/Heating & Cooling System, Heated Tile Floors, Skylights & Access to Grilling Deck! Finished 3rd Floor w/6th Bedroom/Office, Bonus Room & Full Bath! Dramatic 2 Story Foyer w/Juliette Balcony Overlook from 2nd Floor w/Chandelier! 1st Floor Guest Suite & Office! Site Finished Hardwoods Throughout Main Living! Kitchen: White Painted Cabinets w/Lazy Susan EZ Reach Corner Cabinet & Trash Can Rollout! Granite Countertops, Oil Rubbed Bronze Pulls, Soft Close & Under Cabinet Lighting! Huge Prep Island w/Lots of Storage, Roll Outs & Pendant Lights! Brick Lay Tumbled Stone Backsplash, Recessed Lighting & Stainless Appliances Including Gas Cooktop & 2 Ovens! Family Room: Stacked Stone Gas Fireplace Surround w/Raised Hearth & Stone Mantle! Custom Built-Ins & Trey Ceiling w/Wood Beams! Owners Suite: Trey Ceiling w/Crown, Triple Window, His & Her Closets! Owners Bath: Soaking Tub w/Custom Tile Surround & Window Above! 18x18 Tile Floors, Dual Vanity w/Center Drawers & Granite Countertops, Framed Mirrors & Designer Vanity Lights! Large Walk -in Shower w/Bronze Framed Shower Door, Mosaic Tile Floor, Bench, Rain Shower, Niches & Handheld Shower Head! Private H2O Closet w/Magazine Holder!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 04/12/2024

Last Buyer's Agent

Lauren James

Navigate Realty License #327592

Navigate Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 2014

Lot Details

  • 1.98 Acre Lot
  • Landscaped
  • Property is zoned GR3

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • 3 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 4,777 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 1851519770

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,949

Year Built

Built in 2014

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Builder Name: Capitol City Homes
  • Year Built: 2014
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: The Reserve
  • Above Grade Finished Sq Ft: 4777.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 402.0
  • General Property Information Total Unfinished Area2: 402.0
  • General Property Information Lot Size Dimensions: See survey
  • 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 BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: Main
  • Room Types Breakfast Room: Yes
  • Room Types Sunroom: Yes
  • General Property Information Association Phone: 919-848-4911
  • Room Types Recreation Room3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 75.0
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 4777.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 86248.0
  • Foundation Details Raised: Yes
  • General Property Information Lot Size Acres: 1.98
  • General Property Information Stories2: 2
  • General Property Information Builder Name: Capitol City Homes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Butler's Pantry, Ceiling Fan(s), Coffered Ceiling(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Stories: 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:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 1.98
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 3.0
  • 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

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • 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

  • Zoning: GR3
  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 86248.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1851519770

Tax Info

  • Tax Annual Amount: 7949.49
  • Tax Year: 2023
  • Tax Map Number: 13

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jul 10, 2024
Sold by
Spaeder Jeffrey and Spaeder Gwyneth
Bought by
Llerena Renee and Llerena Nestor
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Lauren James
Navigate Realty
List Price
$1,050,000
Sold Price
$1,039,900
Premium/Discount to List
-$10,100
-0.96%
Views
95
Current Estimated Value
$1,097,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,720
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Oct 7, 2014
Sold by
Capitol City Homes Llc
Bought by
Spaeder Jeffrey and Spaeder Gwyneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
Sold by
Mba Land Group Llc
Bought by
Capitol City Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Llerena Renee $1,040,000 Spruce Title
Spaeder Jeffrey $651,000 None Available
Capitol City Homes Llc $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spaeder Jeffrey $300,000
Previous Owner Capitol City Homes Llc $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $1,039,900 +5.1% $218 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $989,900 -5.7% $207 / Sq Ft
04/12/2024 04/12/24 For Sale $1,050,000 -- $220 / 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 $9,412 $977,642 $270,000 $707,642
2024 $8,356 $868,218 $270,000 $598,218
2023 $7,950 $682,417 $156,000 $526,417
2022 $7,626 $682,417 $156,000 $526,417
2021 $7,492 $682,417 $156,000 $526,417
2020 $7,492 $682,417 $156,000 $526,417
2019 $8,050 $647,220 $169,000 $478,220
2018 $0 $646,027 $169,000 $477,027
2017 $0 $646,027 $169,000 $477,027
2016 -- $646,027 $169,000 $477,027
2015 $6,403 $562,612 $135,000 $427,612
2014 -- $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2024

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    443 in this area

    4,826 Total Sales

    Jim Allen
    Section Image
  • Lauren James

    Buyer's Agent in 2024

    Lauren James

    Navigate Realty

    (919) 880-9314

    4 in this area

    48 Total Sales

    Lauren James
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10022681

Doorify MLS

APN: 1851.04-51-9770-000

North Carolina Wake County Wake Forest 27587

724 Reserve Estates Dr, Wake Forest, NC

This home is located at 724 Reserve Estates Dr, Wake Forest, NC 27587 since 12 April 2024 and is currently estimated at $1,097,620, approximately $229 per square foot. This property was built in 2014. 724 Reserve Estates Dr is a home located in Wake County with nearby schools including Richland Creek 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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