NOT LISTED FOR SALE

8812 Rainer Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $705,000 - $749,000

4 Beds
3.5 Baths
3,281 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $534,900 $163 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,437/month

106 Days on Market

Highlights

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

About This Home

As of July 2021

1ST FLOOR MASTER, FLEX ROOM & CAROLINA ROOM! UPSTAIRS STUDY! HWDs Thru Main Living! GourmetKit: GraniteCtops, Cstm Cabs w/Crwn Trim, CenterIsland w/BreakfastBar & Pndnts, SS Appls, Pantry, & Double Doors to Carolina Room w/Access to ScrnPorch! Master: FoyerEntry, Trey Ceiling, Plush Carpet! MBath: Dual Vanity w/CulturedMarble, GardenTub w/Tile Surround, Walk inShower, Linen Closet, & Huge Walk in Closet! FamRm: Cstm Srrnd GasLog FP w/Mantle & Two Double Wndws! Upstairs Study & BonusRoom!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 10/05/2020

Last Buyer's Agent

Chuck Hinton

RE/MAX United License #169513

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,152

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

  • 2 Car Attached Garage
  • Front 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

  • 3,281 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
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • 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 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
  • Cable TV Available

Community Details

  • Sterling Crest Ii HOA
  • Built by Caviness & Cates
  • Sterling Crest Subdivision, The Wagnor Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,152

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Builder Name: Caviness & Cates
  • Builder Model: The Wagnor
  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Sterling Crest
  • Above Grade Finished Sq Ft: 3281.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: 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 Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Recreation Room3: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • General Property Information Above Grade Finished Area: 3281.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • 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, Primary Downstairs, Shower Only, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 12
  • 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: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
  • 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: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • 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 Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • 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:Thermostat: Yes

Tax Info

  • Tax Map Number: 17634/0590

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Jun 17, 2021
Sold by
Caviness & Cates Building And Dev Co
Bought by
Finn Christopher Thomas and Finn Lauren Kiersten
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Chuck Hinton
RE/MAX United
List Price
$530,000
Sold Price
$534,900
Premium/Discount to List
$4,900
0.92%
Total Days on Market
106
Current Estimated Value
$723,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,418
Avg. Annual Appreciation
8.01%
Original Mortgage
$394,900
Outstanding Balance
$362,171
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$364,066
Source: Public Records

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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
Finn Christopher Thomas $535,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finn Christopher Thomas $150,000
Open Finn Christopher Thomas $394,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $534,900 -- --
07/01/2021 07/01/21 Sold $534,900 0.0% $163 / Sq Ft
01/20/2021 01/20/21 Price Changed $534,900 0.0% $163 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
11/02/2020 11/02/20 Off Market $534,900 -- --
11/02/2020 11/02/20 For Sale $530,000 -0.9% $162 / Sq Ft
10/07/2020 10/07/20 Off Market $534,900 -- --
10/07/2020 10/07/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $530,000 -- $162 / 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
2024 $4,152 $665,361 $100,000 $565,361
2023 $3,996 $509,914 $80,000 $429,914
2022 $3,703 $509,914 $80,000 $429,914
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

    490 in this area

    4,904 Total Sales

    Jim Allen
    Section Image

  • C

    Buyer's Agent in 2021

    Chuck Hinton

    RE/MAX United

    (919) 469-4700

    3 in this area

    106 Total Sales

    Chuck Hinton
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2346541

Doorify MLS

APN: 1822.02-76-9994-000

North Carolina Wake County Wake Forest 27587 Falls Lake

8812 Rainer Way, Wake Forest, NC

This home is located at 8812 Rainer Way, Wake Forest, NC 27587 since 05 October 2020 and is currently estimated at $723,318, approximately $220 per square foot. This property was built in 2021. 8812 Rainer Way is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

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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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