NOT LISTED FOR SALE

825 Precipice Way Wake Forest, NC 27587

Estimated Value: $561,000 - $598,000

5 Beds
3 Baths
2,836 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $460,000 $162 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,618/month

6 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Richland Creek Elementary School Rated A-
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of November 2021

The Edison II features a first-floor guest suite with a full bath, formal dining room, large great room, Open floor plan, Gourmet Kitchen includes walk in pantry with wood shelves. Luxurious owner’s suite, master bath with separate vanities with 2 large walk-in closets and SPA shower and separate garden tub. Design package 5 with white cabinets. Backs to protected green space. Cul-De-Sac home location. Don't miss the community pool and area walking trails.

Last Agent to Sell the Property

Rj Wiley

Lennar Carolinas LLC License #193899 Listed on: 05/13/2021

Co-Listed By

Jessica Jordan

Lennar Carolinas LLC License #301993

Last Buyer's Agent

Sharon Evans

EXP Realty LLC License #172983

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 114x65

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Insulated Windows
  • Family Room
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

Overview

  • Charleston Association
  • Built by Lennar Homes
  • Tryon Subdivision, Edison II Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,331

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$93 per month

Parking

2

Listing Details

  • Builder Name: Lennar Homes
  • Builder Model: Edison II
  • Year Built: 2021
  • Prop. Type: Residential
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Tryon
  • Above Grade Finished Sq Ft: 2836.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 114x65
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-09-01
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 2836.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Builder Name: Lennar Homes
  • General Property Information Builder Model: Edison II
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, High Speed Internet, Separate Shower, Walk-In Closet(s)
  • Appliances: Gas Cooktop, Microwave, Range Hood
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Acres: 0.22
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 93.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 93.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 114x65
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Nov 22, 2021
Sold by
Lennar Carolinas Llc
Bought by
Sokolin Feliks
Seller's Agent
Rj Wiley
Lennar Carolinas LLC
Buyer's Agent
Sharon Evans
EXP Realty LLC
List Price
$454,990
Sold Price
$460,000
Premium/Discount to List
$5,010
1.1%
Current Estimated Value
$581,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,191
Avg. Annual Appreciation
6.25%
Original Mortgage
$260,000
Outstanding Balance
$238,745
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$342,446
Source: Public Records

Range of Values:

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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
Sokolin Feliks $460,000 None Available
Sokolin Feliks $460,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokolin Feliks $260,000
Closed Sokolin Feliks $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $460,000 -- --
11/22/2021 11/22/21 Sold $460,000 +1.1% $162 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $454,990 -- $160 / 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 $5,331 $553,801 $130,000 $423,801
2024 $5,311 $553,801 $130,000 $423,801
2023 $4,158 $356,141 $110,000 $246,141
2022 $3,989 $356,141 $110,000 $246,141
2021 $1,205 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Rj Wiley

    Seller's Agent in 2021

    Rj Wiley

    Lennar Carolinas LLC

    (919) 740-1615

    255 in this area

    445 Total Sales

    Rj Wiley
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jessica Jordan

    Lennar Carolinas LLC

    Section Image
  • Sharon Evans

    Buyer's Agent in 2021

    Sharon Evans

    EXP Realty LLC

    (919) 271-3399

    53 in this area

    1,016 Total Sales

    Sharon Evans
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2383613

Doorify MLS

APN: 1851.04-91-2690-000

North Carolina Wake County Wake Forest 27587

825 Precipice Way, Wake Forest, NC

This home is located at 825 Precipice Way, Wake Forest, NC 27587 since 13 May 2021 and is currently estimated at $581,191, approximately $204 per square foot. This property was built in 2021. 825 Precipice Way is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest 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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