7505 Summit Pine Way Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $1,158,000 - $1,575,000
4
Beds
4.5
Baths
3,990
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Family Room with Fireplace
- Recreation Room
- Wood Flooring
- North Forest Pines Elementary School Rated A
- Transitional Architecture
- Main Floor Primary Bedroom
About This Home
As of July 2021Stunning modern cottage sits on over an acre & a half in the prestigious Waterstone Reserve neighborhood. Enjoy one-of-a-kind views of protected/unbuildable acreage from your private pool and pristinely manicured/fenced yard complete with putting green, huge patio w/ phantom screens, outdoor kitchen and fireplace. Freshly painted inside & out, beautifully maintained with 1st flr master w/ stunning en-suite, porch, media room, ample storage, 3 car garage, 1st floor guest suite w/private bath and much more!
Last Agent to Sell the Property
Marquis Realty License #291702 Listed on: 06/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,245
Year Built
- Built in 2017
Lot Details
- 1.56 Acre Lot
- Landscaped
HOA Fees
- $88 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Front Facing Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Transitional Architecture
- Traditional Architecture
- Brick or Stone Mason
- Stone
Interior Spaces
- 3,990 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Dining Room
- Home Office
- Recreation Room
- Bonus Room
- Screened Porch
- Utility Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- In-Law or Guest Suite
Laundry
- Laundry Room
- Laundry on main level
Schools
- N Forest Pines Elementary School
- Wakefield Middle School
- Wakefield High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Septic Tank
Community Details
- Ppm Association
- Waterstone Reserve Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jul 27, 2021
Sold by
King Sean M and King Jennifer
Bought by
Nauman Nelly and Nauman Mark
Seller's Agent
Phillip Marquis
Marquis Realty
Buyer's Agent
Michelle Zanfardino
Navigate Realty
List Price
$1,200,000
Sold Price
$1,175,000
Premium/Discount to List
-$25,000
-2.08%
Total Days on Market
5
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
$224,929
Avg. Annual Appreciation
4.61%
Original Mortgage
$25,000
Outstanding Balance
$22,995
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,376,934
Purchase Details
Closed on
Oct 30, 2017
Sold by
Monterey Bay Raleigh Llc
Bought by
King Sean M and King Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,015
Interest Rate
3.83%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nauman Nelly | $1,175,000 | None Available | |
| King Sean M | $1,026,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nauman Nelly | $25,000 | |
| Previous Owner | King Sean M | $100,000 | |
| Previous Owner | King Sean M | $821,015 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $1,175,000 | -- | -- |
| 07/27/2021 07/27/21 | Sold | $1,175,000 | -2.1% | $294 / Sq Ft |
| 06/24/2021 06/24/21 | Pending | -- | -- | -- |
| 06/19/2021 06/19/21 | For Sale | $1,200,000 | -- | $301 / 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 | $7,816 | $1,255,438 | $215,000 | $1,040,438 |
| 2023 | $8,528 | $1,091,153 | $175,000 | $916,153 |
| 2022 | $7,571 | $1,045,594 | $175,000 | $870,594 |
| 2021 | $7,367 | $1,045,594 | $175,000 | $870,594 |
| 2020 | $7,245 | $1,045,594 | $175,000 | $870,594 |
| 2019 | $8,067 | $985,293 | $160,000 | $825,293 |
| 2018 | $7,414 | $160,000 | $160,000 | $0 |
| 2017 | $1,138 | $160,000 | $160,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Marquis
Seller's Agent in 2021
Phillip Marquis
Marquis Realty
(919) 805-2664
8 in this area
127 Total Sales
-
Michelle Zanfardino
Buyer's Agent in 2021
Michelle Zanfardino
Navigate Realty
(919) 219-1295
6 in this area
72 Total Sales
Map
Source: Doorify MLS
MLS Number: 2390125
APN: 1821.03-32-4779-000
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.
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.
Nearby Homes
- 2305 Ballywater Lea Way
- 2117 Blue Haven Ct
- 2328 Ballywater Lea Way
- 2325 Ballywater Lea Way
- 7504 Everton Way
- 7116 Incline Dr
- 2105 Gentry Dr
- 7552 Hasentree Club Dr
- 7544 Hasentree Club Dr
- 7545 Hasentree Club Dr
- 1241 Keith Rd
- 7309 New Forest Ln
- 7304 Hasentree Club Dr
- 7312 Hasentree Way
- 7100 Hasentree Club Dr
- 7320 Dunsany Ct
- 2421 Acanthus Dr
- 6532 Wakefalls Dr
- 1309 Magnolia Glen Cir
- 1009 Linenhall Way
- 7505 Summit Pine Way
- 7521 Summit Pine Way
- 7525 Summit Pine Way
- 2004 Reserve Falls Ln
- 7528 Summit Pine Way
- 2013 Reserve Falls Ln
- 7520 Summit Pine Way
- 7524 Summit Pine Way
- 7421 Summit Pine Way
- 2016 Reserve Falls Ln
- 2025 Reserve Falls Ln
- 7332 Waterlook Way
- 1900 Haley Pines Way
- 1900 Haley Pines Way
- 1900 Haley Pines Way
- 1900 Haley Pines Way
- 1725 Slater Dr
- 1720 Slater Dr
- 7412 Summit Pine Way
- 7420 Summit Pine Way