NOT LISTED FOR SALE

8401 Territory Trail Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $889,000 - $998,000

4 Beds
4 Baths
4,450 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $689,000 $155 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,477/month

9 Days on Market

Highlights

  • 1.95 Acre Lot
  • Deck
  • Transitional Architecture
  • Pleasant Union Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2021

This house has it all! Custom built, cul de sac home complete with Brazilian Cherry hardwoods, gourmet kitchen, first floor bedroom & finished walk-out basement with full kitchen and full bath! Large master suite with sitting area. Two car garage and first floor laundry room and a detached 3rd car garage that will fit RV/Boat. 4 bedrooms and a bonus and room for an office! Large wooded lot borders Army Corp property/Falls Lake. Minutes from Falls Lake, 540 and north Raleigh.

Last Agent to Sell the Property

Julia Cowlbeck

Long & Foster Real Estate INC/Raleigh License #276561 Listed on: 05/10/2021

Long & Foster Real Estate INC/Raleigh

Last Buyer's Agent

Tina Dahir

Berkshire Hathaway HomeService License #293722

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 2002

Lot Details

  • 1.95 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Laundry Room
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Schools

  • Pleasant Union Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Accessible Washer and Dryer
  • Deck

Community Details

  • Kohn Eli Association
  • Sutherland Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,095

Year Built

Built in 2002

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Subdivision Name: Sutherland
  • Above Grade Finished Sq Ft: 3571.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: New survey needed
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Interior Features Dining L: Yes
  • Room Types Breakfast Room: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This house has it all! Custom built home complete with Brazilian Cherryhardwoods, gourmet kitchen, first floor bedroom & finished walk-out basement with full kitchen! A lot of rooms for bonus, office, & bedroom combinations. Detached 3rd garage will fit boat/RV. Large wooded lot borders Army Corp property/Falls Lake. Please call Julia Cowlbeck with Fonville Morisey at 919-815-8345 with questions!
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • Interior Features ApartmentSuite: Yes
  • General Property Information Above Grade Finished Area: 3571.0
  • General Property Information Below Grade Finished Area: 879.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 84942.0
  • General Property Information Lot Size Acres: 1.95
  • General Property Information:Living Area3: 4450.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Apartment/Suite, Dining L, Eat-in Kitchen, Entrance Foyer, High Ceilings, Separate Shower, Soaking Tub
  • Basement: Finished
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 879.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 1.95
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Deck, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 180.0
  • Association Fee Frequency: Annually
  • Association Name: Kohn Eli
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Kohn Eli
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: New survey needed
  • Lot Size Sq Ft: 84942.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5095.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 30, 2021
Sold by
Servais Jean Alain and Servais Jeri Callahan
Bought by
Sibert Mark A
Seller's Agent
Julia Cowlbeck
Long & Foster Real Estate INC/Raleigh
Buyer's Agent
Tina Dahir
Berkshire Hathaway HomeService
List Price
$689,000
Sold Price
$689,000
Current Estimated Value
$949,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,806
Avg. Annual Appreciation
7.26%
Original Mortgage
$400,000
Outstanding Balance
$305,709
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$644,097

Purchase Details

Closed on
Aug 10, 2005
Sold by
Martin Philip R and Ragan Cynthia A
Bought by
Servais Jeri Callahan and Servais Jean Alain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sibert Mark A $689,000 None Available
Servais Jeri Callahan $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibert Mark A $400,000
Previous Owner Servais Jeri Callahan $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $689,000 -- --
06/30/2021 06/30/21 Sold $689,000 0.0% $155 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $689,000 0.0% $155 / Sq Ft
05/14/2021 05/14/21 Off Market $689,000 -- --
05/14/2021 05/14/21 Pending -- -- --
Source: Doorify MLS

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 $6,296 $981,232 $195,000 $786,232
2024 $6,113 $981,232 $195,000 $786,232
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julia Cowlbeck

    Long & Foster Real Estate INC/Raleigh

    (919) 815-8345

    6 in this area

    79 Total Sales

    Julia Cowlbeck
    Section Image
  • Tina Dahir

    Buyer's Agent in 2021

    Tina Dahir

    Berkshire Hathaway HomeService

    (919) 601-3551

    3 in this area

    26 Total Sales

    Tina Dahir
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2382816

Doorify MLS

APN: 1802.02-96-9727-000

North Carolina Wake County Wake Forest 27587 Falls Lake

8401 Territory Trail, Wake Forest, NC

Not Listed for Sale

Detached

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