8801 Rainer Way Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $739,000 - $779,000
5
Beds
4.5
Baths
3,664
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Recreation Room
- Cathedral Ceiling
- North Forest Pines Elementary School Rated A
- Transitional Architecture
- Wood Flooring
About This Home
As of March 2023Come see this beauty in Wake Forest. Convenient to 98 this home features FIVE bedrooms, a bonus room upstairs with its own bath and closets everywhere you look. With a Master bed on the first AND second floor there is plenty of room to stretch out. The Kitchen opens up and allows you to be in sight of guests in the large family room and the fireplace. A formal dining area allows room for more intimate gatherings. The screened back porch and large stamped concrete porch add the finishing touch. The home also has a whole home water filtration system! Amish built shed in back adds to the already high amount of storage in this home!
Last Agent to Sell the Property
Mark Spain Real Estate License #327030 Listed on: 01/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,687
Year Built
- Built in 2020
Lot Details
- 0.76 Acre Lot
- Cul-De-Sac
HOA Fees
- $58 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Private Driveway
Home Design
- Transitional Architecture
- Brick or Stone Mason
- Shake Siding
- Stone
Interior Spaces
- 3,664 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Recreation Room
- Bonus Room
- Utility Room
- Laundry in multiple locations
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Butlers Pantry
- Built-In Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- Walk-In Closet
- Bathtub with Shower
- Shower Only in Primary Bathroom
Schools
- N Forest Pines Elementary School
- Wakefield Middle School
- Wake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
- Cable TV Available
Community Details
- Sterling Crest Ii Association
- Sterling Crest Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2023
Closed on
Feb 8, 2023
Sold by
Sauls Rachel L
Bought by
Cordwin William and Cordwin Rebecca
Seller's Agent
Mark Hargrove
Mark Spain Real Estate
Buyer's Agent
Alison Wojnarowski
LPT Realty, LLC
List Price
$699,000
Sold Price
$707,000
Premium/Discount to List
$8,000
1.14%
Total Days on Market
3
Views
22
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
$57,536
Avg. Annual Appreciation
3.46%
Original Mortgage
$565,600
Outstanding Balance
$550,426
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$214,110
Purchase Details
Closed on
Sep 22, 2020
Sold by
Caviness & Cates Building And Dev Co
Bought by
Sauls Rachel L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,124
Interest Rate
2.9%
Mortgage Type
VA
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 |
|---|---|---|---|
| Cordwin William | $707,000 | -- | |
| Sauls Rachel L | $559,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cordwin William | $565,600 | |
| Previous Owner | Sauls Rachel L | $579,124 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $707,000 | -- | -- |
| 03/03/2023 03/03/23 | Sold | $707,000 | +1.1% | $193 / Sq Ft |
| 01/15/2023 01/15/23 | Pending | -- | -- | -- |
| 01/12/2023 01/12/23 | For Sale | $699,000 | -- | $191 / 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 | $4,351 | $697,434 | $100,000 | $597,434 |
| 2023 | $3,979 | $507,706 | $80,000 | $427,706 |
| 2022 | $3,687 | $507,706 | $80,000 | $427,706 |
| 2021 | $3,588 | $507,706 | $80,000 | $427,706 |
| 2020 | $553 | $80,000 | $80,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Hargrove
Seller's Agent in 2023
Mark Hargrove
Mark Spain
(919) 623-4726
5 in this area
137 Total Sales
-
Alison Wojnarowski
Buyer's Agent in 2023
Alison Wojnarowski
LPT Realty, LLC
(919) 504-5265
32 in this area
284 Total Sales
Map
Source: Doorify MLS
MLS Number: 2490002
APN: 1822.02-76-9407-000
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