7501 Tipsy Square Wake Forest, NC 27587
Falls Lake Neighborhood
3
Beds
2.5
Baths
2,911
Sq Ft
1.32
Acres
Highlights
- Deck
- Vaulted Ceiling
- Outdoor Fireplace
- Partially Wooded Lot
- Transitional Architecture
- Wood Flooring
About This Home
As of June 2025WELCOME HOME! This is the immediate impression that will come over you the moment you set your eyes on this 3 bedroom 2.5 bathroom custom home set on a private and partially wooded 1.3 acre lot. From the moment you pull into the driveway you'll be greeted with mature willows, crape myrtles, red bud trees and rolling green terrain. Enter the front door from the covered bluestone porch. Inside you'll be greeted by an updated dining room and custom accent brickwork atop natural finish white oak floors. Watch the sun rise each morning as you sip coffee from the office full of windows overlooking the beautifully landscaped front lawn. Cook for a crowd in the gourmet kitchen featuring custom rustic cherry cabinets, SOAPSTONE countertops, Jenn Air refrigerator, Wolf rangetop with pot filler, and Bosch double ovens. Enjoy entertaining and sunsets on the serene screened in porch featuring tile flooring and natural gas fireplace. Step out into the back yard overlooking mature trees and nearly 700 square feet of blue stone patio matched with an amazing bluestone built in table and fire pit. Upstairs you will find a large bonus room with amazing views of both the front and back lawn that could easily be used to house guests who come to stay. Walk down the hall to find two updated guest rooms that share a fully remodeled bathroom featuring custom tile work on both the floor and tub surround, updated lighting, new vanity and quartz counter tops. Step inside the spacious owner's suite and enjoy the souring ceilings, natural light and large, updated primary ensuite and walk in closet. With features like this in a setting as beautiful and private as this what's left to think about? Make this home yours before someone else does! ROOF 2019, well pump 2022, Septic pump 2022. Water Heater 2016.Gym equipment, washer, dryer, and espresso maker do not convey.Owner is the listing agent.
Last Agent to Sell the Property
Aimee Anderson & Associates License #326492 Listed on: 05/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,789
Year Built
- Built in 1997 | Remodeled
Lot Details
- 1.32 Acre Lot
- Cul-De-Sac
- Landscaped
- Corner Lot
- Partially Wooded Lot
- Many Trees
- Back Yard Fenced and Front Yard
HOA Fees
- $8 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Private Driveway
- 4 Open Parking Spaces
Home Design
- Transitional Architecture
- Block Foundation
- Blown-In Insulation
- Batts Insulation
- Shingle Roof
- Cement Siding
- HardiePlank Type
- Stone Veneer
Interior Spaces
- 2,911 Sq Ft Home
- 2-Story Property
- Sound System
- Smooth Ceilings
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Living Room
- Breakfast Room
- Home Office
- Bonus Room
- Screened Porch
- Storage
- Pull Down Stairs to Attic
Kitchen
- Built-In Double Convection Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Wine Cooler
- Stone Countertops
- Trash Compactor
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Deck
- Patio
- Outdoor Fireplace
- Outbuilding
Schools
- Forest Pines Elementary School
- Wake Forest Middle School
- Wake Forest High School
Horse Facilities and Amenities
- Grass Field
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Well
- Gas Water Heater
- Water Purifier
- Water Purifier is Owned
- Water Softener is Owned
- Septic Tank
- Septic System
Community Details
- Chaunceys At Twin Cedar HOA, Phone Number (919) 622-1116
- Chaunceys At Twin Cedars Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831086851
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
Jun 9, 2025
Sold by
Abney Austin Charles and Ashley Nicole
Bought by
Cleverley Stanley and Cleverley Anne
Seller's Agent
Austin Abney
Aimee Anderson & Associates
Buyer's Agent
Meredith Hilbert
Allen Tate/Wake Forest
List Price
$775,000
Sold Price
$762,000
Premium/Discount to List
-$13,000
-1.68%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.85%
Original Mortgage
$576,000
Outstanding Balance
$576,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$51,259
Purchase Details
Closed on
Aug 23, 2021
Sold by
Mercurio Mark J and Seidman Mercurio Allison
Bought by
Abney Austin Charles and Abney Ashley Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,083
Interest Rate
2.9%
Mortgage Type
New Conventional
Similar Homes in Wake Forest, NC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $762,000 | None Listed On Document | |
| Warranty Deed | $762,000 | None Listed On Document | |
| Warranty Deed | $492,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $576,000 | New Conventional | |
| Closed | $576,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $443,083 | New Conventional | |
| Previous Owner | $292,000 | New Conventional | |
| Previous Owner | $34,950 | Credit Line Revolving | |
| Previous Owner | $280,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $235,840 | Balloon | |
| Previous Owner | $216,000 | Unknown | |
| Previous Owner | $185,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $762,000 | -1.7% | $262 / Sq Ft |
| 05/11/2025 05/11/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $775,000 | -- | $266 / 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 |
|---|---|---|---|---|
| 2024 | $3,789 | $606,887 | $110,000 | $496,887 |
| 2023 | $3,108 | $396,060 | $80,000 | $316,060 |
| 2022 | $2,880 | $396,060 | $80,000 | $316,060 |
| 2021 | $2,803 | $396,060 | $80,000 | $316,060 |
| 2020 | $1,026 | $396,060 | $80,000 | $316,060 |
| 2019 | $2,614 | $317,562 | $70,000 | $247,562 |
| 2018 | $0 | $317,562 | $70,000 | $247,562 |
| 2017 | $0 | $317,562 | $70,000 | $247,562 |
| 2016 | $2,232 | $317,562 | $70,000 | $247,562 |
| 2015 | $2,457 | $350,843 | $88,000 | $262,843 |
| 2014 | -- | $350,843 | $88,000 | $262,843 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Abney
A
Seller's Agent in 2025
Austin Abney
Aimee Anderson & Associates
(919) 946-1616
3 in this area
29 Total Sales
-
Meredith Hilbert
Buyer's Agent in 2025
Meredith Hilbert
Allen Tate/Wake Forest
(919) 418-6507
16 in this area
187 Total Sales
Map
Source: Doorify MLS
MLS Number: 10094987
APN: 1831.01-08-6851-000
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