NOT LISTED FOR SALE

8808 Rainer Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $628,000 - $678,000

4 Beds
2.5 Baths
2,845 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $479,900 $169 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,861/month

1 Day on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • North Forest Pines Elementary School Rated A
  • Wood Flooring
  • Loft

About This Home

As of June 2021

3 CAR GARAGE! 1ST FLOOR MASTER & CAROLINA ROOM! HWDStyle Flooring Thru Main Living! Kit: Granite Ctop, Tile Backsplash, Cstm Cabs w/CrownTrim,SS Appliances, Pantry! Open to Brkfst Nook w/Access to Rear Cvrd Porch! Master: w/FoyerEntry, Trey Ceiling, Plush Carpet! MBath: Dual Vanity w/CulturedMarble, Cstm Cabs, GardenTub, Walk in Shower, & Walk In Closet! FamRm: Cstm Srrnd GasLog Fireplace w/Cstm Mantle & Ceiling Fan! Upstairs Bonus! Dining Room w/Coffered Ceiling!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 12/30/2020

Last Buyer's Agent

Vicki Robinson

Long & Foster Real Estate INC/Stonehenge License #211525

Long & Foster Real Estate INC/Stonehenge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.69 Acre Lot
  • Landscaped
  • Property is zoned R-40W

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Shake Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier
  • Stone

Interior Spaces

  • 2,845 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Sterling Crest II HOA
  • Built by Cates Building
  • Sterling Crest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,145

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Builder Name: Cates Building
  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Sterling Crest
  • Above Grade Finished Sq Ft: 2845.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-02-01
  • Construction Materials Radiant Barrier: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: 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
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • General Property Information Above Grade Finished Area: 2845.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • General Property Information Builder Name: Cates Building
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Shower Only, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.69
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier, Shake Siding, Stone
  • Patio And Porch Features: Covered, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association Name: Sterling Crest II HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Sterling Crest II HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 600.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Zoning: R-40W
  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Verification Body: Green Building Cert: EnergyPlus

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jun 1, 2021
Sold by
Cates Building Inc
Bought by
Cathey James Ingram and Cathey Sandra Allen
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Vicki Robinson
Long & Foster Real Estate INC/Stonehenge
List Price
$479,900
Sold Price
$479,900
Current Estimated Value
$656,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,375
Avg. Annual Appreciation
7.59%
Original Mortgage
$383,920
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cathey James Ingram $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathey James Ingram $49,500
Open Cathey James Ingram $385,370
Closed Cathey James Ingram $383,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $479,900 -- --
06/11/2021 06/11/21 Sold $479,900 0.0% $169 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/30/2020 12/30/20 For Sale $479,900 -- $169 / 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 $4,145 $645,001 $100,000 $545,001
2024 $4,025 $645,001 $100,000 $545,001
2023 $3,792 $483,718 $80,000 $403,718
2022 $3,513 $483,718 $80,000 $403,718
2021 $562 $80,000 $80,000 $0
2020 $553 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2021

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    463 in this area

    4,837 Total Sales

    Jim Allen
    Section Image

  • V

    Buyer's Agent in 2021

    Vicki Robinson

    Long & Foster Real Estate INC/Stonehenge

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2359483

Doorify MLS

APN: 1822.02-86-0708-000

North Carolina Wake County Wake Forest 27587 Falls Lake

8808 Rainer Way, Wake Forest, NC

This home is located at 8808 Rainer Way, Wake Forest, NC 27587 since 30 December 2020 and is currently estimated at $656,275, approximately $230 per square foot. This property was built in 2021. 8808 Rainer 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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