Seller's Agent in 2024
Jennifer Spencer
Spencer Properties
(919) 602-7411
34 in this area
345 Total Sales
7316 Waterlook Way Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $1,561,000 - $1,785,000
5
Beds
5.5
Baths
6,442
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Recreation Room
- North Forest Pines Elementary School Rated A
- Family Room with Fireplace
- Transitional Architecture
About This Home
As of July 2024Homestead Building Co. Custom Built, Former Parade Home Silver Medal Winner on large wooded homesite could be your own private oasis! Pool ready lot! 1st fl owners' suite & in-law/guest suite. 3 car garage AND huge parking pad. Gorgeous outdoor space featuring fenced yard, deck, paver patio & fire pit area for late-night smores! Spacious open floor plan boasts fabulous chef's kitchen w/quartz countertops, large island, wine fridge & light-filled breakfast area. Gas fireplace w/reclaimed wood mantel & built-in's highlight the family rm, or warm-up by the outdoor fireplace on the screened porch. Relax in the owners' retreat in the large soaking tub or tile surround shower w/bench! HUGE WIC!! Plenty of Rec Rm space on both the 2nd & 3rd floors.
Last Agent to Sell the Property
Spencer Properties License #189567 Listed on: 03/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,595
Year Built
- Built in 2018
Lot Details
- 1.6 Acre Lot
- Gated Home
- Landscaped
- Irrigation Equipment
- Few Trees
- Back Yard Fenced and Front Yard
HOA Fees
- $88 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Side Facing Garage
- Garage Door Opener
- Private Driveway
Home Design
- Transitional Architecture
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Pillar, Post or Pier Foundation
- Shingle Roof
- Architectural Shingle Roof
- Metal Roof
- Board and Batten Siding
Interior Spaces
- 6,442 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bookcases
- Bar Fridge
- Woodwork
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Screen For Fireplace
- Stone Fireplace
- Gas Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Dining Room
- Recreation Room
- Bonus Room
- Screened Porch
- Storage
- Attic Floors
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Double Oven
- Free-Standing Gas Oven
- Free-Standing Gas Range
- Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Dressing Area
- In-Law or Guest Suite
- Double Vanity
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Deck
- Outdoor Fireplace
- Outdoor Gas Grill
- Rain Gutters
Schools
- N Forest Pines Elementary School
- Wakefield Middle School
- Wakefield High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heat Pump System
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- Water Softener
- Septic Tank
- Septic System
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include ground maintenance
- Ppm Association, Phone Number (919) 848-4911
- Built by Homestead Building Co.
- Waterstone Reserve Subdivision
Listing and Financial Details
- Assessor Parcel Number 1821.03-32-2271.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2024
Closed on
Jul 24, 2024
Sold by
Graves Family Trust and Graves Ishele Marie
Bought by
Bruce M Starnes Iii Trust and Tracy L Starnes Trust
Seller's Agent
Jennifer Spencer
Spencer Properties
Buyer's Agent
Judy Thanhauser
Pinnacle Group Realty
List Price
$1,695,000
Sold Price
$1,535,000
Premium/Discount to List
-$160,000
-9.44%
Views
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,841
Avg. Annual Appreciation
7.85%
Original Mortgage
$650,000
Outstanding Balance
$620,462
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$1,056,379
Purchase Details
Closed on
Dec 15, 2022
Sold by
Graves Ishele M
Bought by
Graves Family Trust
Purchase Details
Closed on
Feb 28, 2019
Sold by
Homestead Building Company
Bought by
Graves Ronald W and Graves Ishele M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bruce M Starnes Iii Trust | $1,535,000 | Chicago Title | |
| Graves Family Trust | -- | -- | |
| Graves Ronald W | $980,000 | None Available | |
| Graves Ronald W | $980,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bruce M Starnes Iii Trust | $650,000 | |
| Previous Owner | Graves Ronald W | $784,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $1,535,000 | -4.0% | $238 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | Price Changed | $1,599,000 | -2.8% | $248 / Sq Ft |
| 04/22/2024 04/22/24 | Price Changed | $1,645,000 | -2.9% | $255 / Sq Ft |
| 03/30/2024 03/30/24 | For Sale | $1,695,000 | +10.4% | $263 / Sq Ft |
| 03/24/2024 03/24/24 | Off Market | $1,535,000 | -- | -- |
| 03/14/2024 03/14/24 | For Sale | $1,695,000 | 0.0% | $263 / Sq Ft |
| 02/20/2024 02/20/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | Price Changed | $1,695,000 | -1.7% | $263 / Sq Ft |
| 01/19/2024 01/19/24 | For Sale | $1,725,000 | -- | $268 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $9,013 | $1,406,106 | $215,000 | $1,191,106 |
| 2024 | $8,752 | $1,406,106 | $215,000 | $1,191,106 |
| 2023 | $7,595 | $971,502 | $175,000 | $796,502 |
| 2022 | $7,036 | $971,502 | $175,000 | $796,502 |
| 2021 | $6,847 | $971,502 | $175,000 | $796,502 |
| 2020 | $6,733 | $971,502 | $175,000 | $796,502 |
| 2019 | $7,439 | $908,399 | $160,000 | $748,399 |
| 2018 | $1,246 | $166,000 | $160,000 | $6,000 |
| 2017 | $1,138 | $160,000 | $160,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Spencer
-
Judy Thanhauser
Buyer's Agent in 2024
Judy Thanhauser
Pinnacle Group Realty
(919) 244-5572
12 in this area
86 Total Sales
Map
Source: Doorify MLS
MLS Number: 10006381
APN: 1821.03-32-2271-000
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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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