7301 Lakefall Dr Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated payment $3,728/month
Total Views
68,243
3
Beds
2.5
Baths
2,353
Sq Ft
$274
Price per Sq Ft
Highlights
- Popular Property
- Traditional Architecture
- 1 Fireplace
- Pleasant Union Elementary School Rated A
- Wood Flooring
- Bonus Room
About This Home
Peaceful, spacious, and lovingly maintained, this home sits on a private 1.11-acre lot in one of Wake Forest's most desirable communities. Plus, they enjoy no city taxes and a voluntary HOA.
Inside, enjoy a warm and welcoming layout with 3 bedrooms, 2.5 baths, an office, formal dining room, and bonus room. You'll find numerous thoughtful updates, including a complete suite of newer Whirlpool appliances, freshly stained oversized deck, and a whole house water filtration system with new filter. Outside, there's a fully fenced backyard, and mature landscaping that enhances the property's natural privacy.
An additional standout feature is the wired shed with two A/C units, a painted concrete floor, and plumbing connection in place (currently shut off). It's ideal for storage, hobbies, or a creative workspace.
Meticulously cared for by the current owner for over 20 years, this home is move-in ready and offers the rare combination of serenity, convenience, and long-term value. Just minutes from Falls Lake and local amenities, great schools, and so much more - it's ready for the next homeowner to make it their own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,494
Year Built
- Built in 1998
Lot Details
- 1.11 Acre Lot
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 2,353 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Workshop
- Basement
- Crawl Space
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Pleasant Union Elementary School
- Wakefield Middle School
- Wakefield High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Septic Tank
Community Details
- Property has a Home Owners Association
- Voluntary Lakefall HOA, Phone Number (919) 564-6158
- Lakefall Subdivision
Listing and Financial Details
- Assessor Parcel Number 0881845860
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,494 | $543,169 | $150,000 | $393,169 |
| 2024 | $3,393 | $543,169 | $150,000 | $393,169 |
| 2023 | $2,736 | $348,375 | $85,000 | $263,375 |
| 2022 | $2,536 | $348,375 | $85,000 | $263,375 |
| 2021 | $2,468 | $348,375 | $85,000 | $263,375 |
| 2020 | $2,427 | $348,375 | $85,000 | $263,375 |
| 2019 | $2,572 | $312,417 | $110,000 | $202,417 |
| 2018 | $2,364 | $312,417 | $110,000 | $202,417 |
| 2017 | $2,241 | $312,417 | $110,000 | $202,417 |
| 2016 | $2,196 | $312,417 | $110,000 | $202,417 |
| 2015 | $2,344 | $334,684 | $130,000 | $204,684 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Price Changed | $645,000 | -0.8% | $274 / Sq Ft |
| 07/28/2025 07/28/25 | For Sale | $650,000 | -- | $276 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $259,000 | -- | |
| Warranty Deed | $39,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,000 | New Conventional | |
| Closed | $48,820 | Unknown | |
| Closed | $249,600 | Fannie Mae Freddie Mac | |
| Closed | $31,000 | Credit Line Revolving | |
| Closed | $45,000 | Credit Line Revolving | |
| Closed | $249,600 | Unknown | |
| Closed | $228,000 | Unknown | |
| Closed | $40,500 | Credit Line Revolving | |
| Closed | $207,200 | No Value Available | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
About the Listing Agent
Meet Julie Toy, an award-winning real estate agent from Raleigh, North Carolina. As a seasoned expert in the real estate industry, Julie has helped countless families find their dream homes in Raleigh and it's surrounding areas or sell their homes for maximum return on their real estate investments.
Julie's commitment to her clients is unmatched, with personalized service, and always taking the time to truly understand each client's unique needs and desires. Her expertise in the local
Julie's Other Listings
Source: Doorify MLS
MLS Number: 10112297
APN: 0881.04-84-5860-000
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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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