NOT LISTED FOR SALE

7928 Stone Forest Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $532,000 - $638,000

4 Beds
2.5 Baths
2,326 Sq Ft
$248/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $495,000 $213 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,316/month

39 Days on Market

Highlights

  • Spa
  • Deck
  • Traditional Architecture
  • North Forest Pines Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of December 2023

15k price improvement! Sitting on a wooded 1 acre lot sits this 4 bedroom, 2.5 bath in desirable Wake Forest. Recent updates include new roof, new gutters with gutter guards, new upstairs HVAC, updated exterior fixtures and EZE Breeze windows in the enclosed porch. The first floor offers real hardwoods throughout, dedicated office, formal dining room, breakfast room with a great view of the yard and a cozy living room with access to the porch which can be enjoyed year around. The primary has dual vanities, soaking tub, walk in shower and a walk in closet. Every bedroom has a walk in closet! Fourth bedroom could easily be used as a bonus, exercise room, etc. Walk up attic offers plenty of storage or room for future expansion. The hot tub conveys and is perfect for enjoying the cooler fall weather!

Last Agent to Sell the Property

Paul Corsa

Cambridge & Assoc. R.E. Group License #280965 Listed on: 09/27/2023

Last Buyer's Agent

Pamela Mundra

Century 21 Triangle Group License #141429

Century 21 Triangle Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1999

Lot Details

  • 1.01 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Laundry on upper level
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Attic

  • Attic Floors
  • Permanent Attic Stairs
  • Unfinished Attic

Outdoor Features

  • Spa
  • Deck
  • Rain Gutters

Schools

  • N Forest Pines Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Stone Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Stone Forest
  • Above Grade Finished Sq Ft: 2326.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Room Types Sunroom: Yes
  • Fencing Privacy: Yes
  • Interior Features Room Over Garage: Yes
  • Attic Features Unfinished2: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Spa YN: Yes
  • General Property Information Above Grade Finished Area: 2326.0
  • General Property Information Carport YN: No
  • Spa Features Private5: Yes
  • General Property Information Lot Size Square Feet2: 43995.6
  • General Property Information Lot Size Acres: 1.01
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Wood
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Room Over Garage, Separate Shower, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Fencing: Privacy
  • Acres: 1.01
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Gas Pack, Natural Gas
  • Cooling: Electric, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2667.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 11, 2023
Sold by
Bowden Bruce and Bowden Sherry
Bought by
Hubbard Kelly Ann and Hubbard Seth Alexander
Seller's Agent
Paul Corsa
Cambridge & Assoc. R.E. Group
Buyer's Agent
Pamela Mundra
Century 21 Triangle Group
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%
Views
216
Current Estimated Value
$577,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,661
Avg. Annual Appreciation
8.66%
Original Mortgage
$495,000
Outstanding Balance
$487,230
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$90,431

Purchase Details

Closed on
Oct 29, 1999
Sold by
Henry King Construction Inc
Bought by
Bowden Bruce and Bowden Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,700
Interest Rate
8.37%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Lk Properties
Bought by
Henry King Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.06%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hubbard Kelly Ann $495,000 None Listed On Document
Bowden Bruce $225,000 --
Henry King Construction Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Kelly Ann $495,000
Previous Owner Bowden Bruce $230,700
Previous Owner Henry King Construction Inc $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $495,000 -1.0% $213 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $499,999 -2.9% $215 / Sq Ft
09/29/2023 09/29/23 For Sale $515,000 -- $221 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $3,151 $489,593 $115,500 $374,093
2024 $3,312 $530,120 $115,500 $414,620
2023 $2,667 $339,490 $65,360 $274,130
2022 $2,472 $339,490 $65,360 $274,130
2021 $2,406 $339,490 $65,360 $274,130
2020 $2,366 $339,490 $65,360 $274,130
2019 $2,116 $256,637 $66,000 $190,637
2018 $1,946 $256,637 $66,000 $190,637
2017 $1,845 $256,637 $66,000 $190,637
2016 $1,807 $256,637 $66,000 $190,637
2015 $2,064 $294,372 $66,000 $228,372
2014 $1,957 $294,372 $66,000 $228,372
Source: Public Records

Agents Affiliated with this Home

  • Paul Corsa

    Seller's Agent in 2023

    Paul Corsa

    Cambridge & Assoc. R.E. Group

    (919) 624-4758

    6 in this area

    176 Total Sales

    Paul Corsa
    Section Image
  • Pamela Mundra

    Buyer's Agent in 2023

    Pamela Mundra

    Century 21 Triangle Group

    (919) 306-2202

    5 in this area

    80 Total Sales

    Pamela Mundra
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2534278

Doorify MLS

APN: 1812.04-82-7756-000

North Carolina Wake County Wake Forest 27587 Falls Lake

7928 Stone Forest Way, Wake Forest, NC

This home is located at 7928 Stone Forest Way, Wake Forest, NC 27587 since 27 September 2023 and is currently estimated at $577,661, approximately $248 per square foot. This property was built in 1999. 7928 Stone Forest Way is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

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.

Doorify MLS 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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