Irene Higginson
Keller Williams Legacy
(984) 833-2084
37 Total Sales
6 in Falls Lake
$265K - $1.5M Price Range
7904 Paper Trail Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $871,000 - $1,002,000
4
Beds
5
Baths
2,995
Sq Ft
$314/Sq Ft
Est. Value
Highlights
- Guest House
- RV Access or Parking
- Open Floorplan
- Wake Forest High School Rated A-
- Two Primary Bedrooms
- Cape Cod Architecture
About This Home
As of December 2025Modern Farmhouse on 1.78 Acres - in the heart of Wake Forest! This is the homestead you've been dreaming about—modern farmhouse charm, room to roam, and a GUEST COTTAGE ready for multi-gen living or incredible Airbnb income. Don't let 2,995 square feet & 4 Beds fool you... there's an additional 900+ square feet in the cottage alone! With no HOA and complete privacy, this one-of-a-kind property is only 3 miles from Target, Wegmans and under 10 minutes from Downtown Wake Forest. The main home showcases timeless design with custom woodwork and exquisite finishes. Fresh paint, new carpet, and a flexible layout offers both downstairs and upstairs Primary Suites. Enjoy quiet mornings and every sunrise on the screened-in porch that overlooks a raised-bed garden, custom made chicken coop and wooded canopy... or unwind with each sunset on the wrap-around front porch. The detached cottage is truly special: complete with a full kitchen, living room, 1.5 baths, one bedroom + bonus room, washer/dryer hookup, and its own private entrance—perfect for guests, in-laws, or an amazing short-term rental. This is more than just a home... it's a feeling! If you've been looking for your dream property without leaving the convenience of city life... you just found it. Welcome home.
Last Agent to Sell the Property
Lovette Properties LLC License #270943 Listed on: 10/24/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,188
Year Built
- Built in 1987
Lot Details
- 1.78 Acre Lot
- Property fronts a private road
- Property fronts a county road
- Cul-De-Sac
- Poultry Coop
- Private Entrance
- Secluded Lot
- Wooded Lot
- Landscaped with Trees
- Private Yard
- Garden
Parking
- 2 Car Garage
- Parking Pad
- Side Facing Garage
- Garage Door Opener
- Private Driveway
- RV Access or Parking
Home Design
- Cape Cod Architecture
- Farmhouse Style Home
- Brick Foundation
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,995 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Bookcases
- Bar Fridge
- Crown Molding
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Wood Burning Stove
- Wood Burning Fireplace
- Self Contained Fireplace Unit Or Insert
- Fireplace Features Blower Fan
- Fireplace Features Masonry
- Insulated Windows
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Loft
- Screened Porch
- Storage
- Keeping Room
- Basement
- Crawl Space
- Attic Floors
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Self-Cleaning Oven
- Electric Range
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Brick
- Carpet
- Slate Flooring
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
- Bathtub with Shower
- Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in multiple locations
- Washer and Dryer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Patio
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Additional Homes
- Guest House
Schools
- Forest Pines Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Well
- Tankless Water Heater
- Gas Water Heater
- Water Purifier
- Water Softener
- Fuel Tank
- Septic Tank
Community Details
- No Home Owners Association
- Chaunceys At Twin Cedars Subdivision
Listing and Financial Details
- Assessor Parcel Number 1832006217
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2025
Closed on
Dec 16, 2025
Sold by
Pratt John A and Pratt Marissa L
Bought by
Seller's Agent
Bryant Lovette
Lovette Properties LLC
Buyer's Agent
Jonathan Kane
RE/MAX United
List Price
$925,000
Sold Price
$938,000
Premium/Discount to List
$13,000
1.41%
Views
44
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
$3,574
Avg. Annual Appreciation
0.52%
Original Mortgage
$816,581
Outstanding Balance
$811,844
Interest Rate
6.22%
Mortgage Type
VA
Estimated Equity
$129,730
Purchase Details
Closed on
Apr 28, 2020
Sold by
Brinson John Wesley and Brinson Cayla Amanda
Bought by
Pratt John A and Pratt Marissa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2019
Sold by
Thompson Larry L and Thompson Nancy M
Bought by
Brinson John Wesley and Brinson Cayla Amanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 25, 1999
Sold by
Welsh Kenneth Gordon and Welsh Tedda M
Bought by
Thompson Larry L and Thompson Nancy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.84%
Purchase Details
Closed on
Feb 15, 1999
Sold by
Welsh Kennth G and Welsh Tedda M
Bought by
Welsh K Gordon and Welsh Peggy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.84%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Falls Lake, NC
-
Irene Higginson
-
Dale Suggs
Dale Suggs
Keller Williams Realty Cary
(984) 205-2965
90 Total Sales
1 in Falls Lake
$570,000 Price
-
Kathleen LeBlanc
Kathleen LeBlanc
Flex Realty
(984) 500-2456
64 Total Sales
1 in Falls Lake
$1,683,000 Price
-
Ray Williamson
Ray Williamson
City to Coast Realty
(888) 596-3346
55 Total Sales
1 in Falls Lake
$595,000 Price
-
Kelly Cherry
Kelly Cherry
Keller Williams Preferred Realty
(888) 364-6563
118 Total Sales
3 in Falls Lake
$675K - $1.3M Price Range
-
Renee Rogers
Renee Rogers
Keller Williams Legacy
(984) 204-7294
179 Total Sales
4 in Falls Lake
$525K - $1.1M Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $938,000 | Tryon Title | ||
| Pratt John A | $550,000 | None Available | |
| Brinson John Wesley | $450,000 | None Listed On Document | |
| Thompson Larry L | $295,000 | -- | |
| Welsh K Gordon | -- | -- |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $816,581 | ||
| Closed | Pratt John A | $495,000 | |
| Previous Owner | Brinson John Wesley | $405,000 | |
| Previous Owner | Thompson Larry L | $236,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | Sold | $938,000 | +1.4% | $313 / Sq Ft |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 10/24/2025 10/24/25 | For Sale | $925,000 | -- | $309 / Sq Ft |
Source: Doorify MLS
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 | $4,188 | $651,610 | $142,500 | $509,110 |
| 2024 | $4,067 | $651,610 | $142,500 | $509,110 |
| 2023 | $3,522 | $449,121 | $86,580 | $362,541 |
| 2022 | $3,264 | $449,121 | $86,580 | $362,541 |
| 2021 | $3,176 | $449,121 | $86,580 | $362,541 |
| 2020 | $3,123 | $449,121 | $86,580 | $362,541 |
| 2019 | $3,146 | $382,701 | $80,720 | $301,981 |
| 2018 | $2,892 | $382,701 | $80,720 | $301,981 |
| 2017 | $2,741 | $382,701 | $80,720 | $301,981 |
| 2016 | $2,686 | $382,701 | $80,720 | $301,981 |
| 2015 | $2,821 | $403,351 | $86,840 | $316,511 |
| 2014 | $2,674 | $403,351 | $86,840 | $316,511 |
Source: Public Records
Agents Affiliated with this Home
-
Bryant Lovette
Seller's Agent in 2025
Bryant Lovette
Lovette Properties LLC
(919) 457-2961
6 in this area
135 Total Sales
-
Jonathan Kane
Buyer's Agent in 2025
Jonathan Kane
RE/MAX United
(919) 624-2974
8 in this area
55 Total Sales
Map
Source: Doorify MLS
MLS Number: 10129581
APN: 1832.03-00-6217-000
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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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