7301 Lakefall Dr Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated payment $3,436/month
Highlights
- Popular Property
- Partially Wooded Lot
- Wood Flooring
- Deck
- Traditional Architecture
- No HOA
About This Home
Welcome to this beautifully maintained home on a private 1.11-acre lot in one of Wake Forest's most desirable communities. Enjoy no city taxes and a voluntary HOA while surrounded by peace and privacy. This move-in ready home features 3 bedrooms, 2.5 baths, a dedicated office, formal dining room, and spacious bonus room. Thoughtful updates include a full suite of Whirlpool appliances, an oversized deck, and a whole-house water filtration system. The fully fenced backyard and mature landscaping create a private outdoor retreat. A wired shed with two A/C units, painted concrete floor, and existing plumbing connection (currently shut off) offers endless possibilities for a workshop, studio, or additional storage. Just minutes from Falls Lake, shopping, dining, and everyday conveniences, this exceptional property combines space, comfort, and lasting value. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,494
Year Built
- Built in 1998
Lot Details
- 1.11 Acre Lot
- Property fronts a county road
- Wood Fence
- Back Yard Fenced
- Partially Wooded Lot
- Property is zoned R-40W
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Driveway
- 2 Open Parking Spaces
Home Design
- Traditional Architecture
- Block Foundation
- Composition Roof
- HardiePlank Type
Interior Spaces
- 2,337 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Crawl Space
- Scuttle Attic Hole
- Stacked Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Laminate Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Double Vanity
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Pleasant Union Elementary School
- Wakefield Middle School
- Wakefield High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Gas Water Heater
- Septic Tank
- Septic System
Community Details
- No Home Owners Association
- Lakefall Subdivision
Listing and Financial Details
- Assessor Parcel Number 088104845860000 0220497
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/04/2026 08/04/26 | For Sale | $571,000 | +9.4% | $244 / Sq Ft | |
| 05/26/2026 05/26/26 | Sold | $522,100 | -20.3% | $224 / Sq Ft | View Prior Sale |
| 05/08/2026 05/08/26 | Pending | -- | -- | -- | |
| 04/17/2026 04/17/26 | Off Market | $655,000 | -- | -- | |
| 04/07/2026 04/07/26 | Price Changed | $655,000 | -0.6% | $281 / Sq Ft | |
| 03/20/2026 03/20/26 | For Sale | $659,000 | -- | $282 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $522,500 | Os National Title | |
| Warranty Deed | $259,000 | -- | |
| Warranty Deed | $39,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $207,200 | No Value Available | |
| Previous Owner | $685,000 | Construction |
Source: Doorify MLS
MLS Number: 10184301
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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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