3 months on rocket

7316 Waterlook Way, Wake Forest, NC, 27587

$1,645,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
6,442 SqFt
$255/SqFt
House
Schools Nearby

Location

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7316 Waterlook Way, Wake Forest$1,645,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
Attached Garage3 spaces
Year Built2018
HeatingElectric, Fireplace(s), Forced Air, Heat Pump
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump, Zoned
FireplaceFamily Room, Fireplace Screen, Gas, Outside, Stone
MLS #10006381
Lot Size1.60 Acres
StatusActive

About 7316 Waterlook Way

Homestead Building Co. Custom Built, Former Parade Home Silver Medal Winner on large wooded homesite could be your own private oasis! Pool ready lot! 1st fl owners' suite & in-law/guest suite. 3 car garage AND huge parking pad. Gorgeous outdoor space featuring fenced yard, deck, paver patio & fire pit area for late-night smores! Spacious open floor plan boasts fabulous chef's kitchen w/quartz countertops, large island, wine fridge & light-filled breakfast area. Gas fireplace w/reclaimed wood mantel & built-in's highlight the family rm, or warm-up by the outdoor fireplace on the screened porch. Relax in the owners' retreat in the large soaking tub or tile surround shower w/bench! HUGE WIC!! Plenty of Rec Rm space on both the 2nd & 3rd floors.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Transitional
  • Year Built: 2018
  • Living Area: 6,442 SqFt

Listing Office:

  • Office Name: Spencer Properties
  • Office Phone: (919) 602-7411
  • Listing Agent: Jennifer W Spencer, Michael Rolando

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Double Oven, Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Water Softener, Wine Cooler
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior: Bathtub/Shower Combination, Bookcases, Built-in Features, Butler's Pantry, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Double Vanity, Dressing Room, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Recessed Lighting, Smooth Ceilings, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Fireplace: Family Room, Fireplace Screen, Gas, Outside, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Gate, Other, Deck, Porch, Screened Porch, Fence, Gas Grill, Outdoor Grill, Private Yard, Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side

Virtual/3D Tour

  • 3D Tour: 7316 Waterlook Way

3D Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Few Trees, Front Yard, Landscaped
  • Lot Size: 1.60 Acres

Utilities

Utilities Information:

  • Heating: Electric, Fireplace(s), Forced Air, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump, Zoned

School Info

Assigned Schools Information:

  • Wake Forest High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Wakefield Middle School, Public District Grades 6-8
  • North Forest Pines Drive Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Hwy 98 to R onto Waterlook Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,645,000
  • Price Per SqFt: $255/SqFt

HOA Fees:

  • Amount: $88
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,847
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wake Forest, NC.

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Wake Forest, NC

City

Med. Sold Price

$539.6K

Med. Price/SqFt

$210

Avg. Days On Market

104

# of Sold Homes

92

7316 Waterlook Way vs Wake Forest

104 DAYS ON ROCKET

-0 Day

$1,645,000

+$1.1M More

$255/SqFt

+$45 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $45/SqFt more than other homes in Wake Forest, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10006381

Listing Office:

  • Office Name: Spencer Properties
  • Office Phone: (919) 602-7411
  • Listing Agent: Jennifer W Spencer, Michael Rolando

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 16, 2019Home Sold
$980,000
Nov 07, 2016Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,847$971,502
2020$6,733$971,502
2019$1,245$166,000
2018$1,138$160,000

History based on county public records data.

Payment Calculator

$8,366

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,998

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3172800
7
/10

  • North Forest Pines Drive Elementary School

  • 11501 Forest Pines Dr

  • 2.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3172801
5
/10

  • Wakefield Middle School

  • 2300 Wakefield Pines Dr

  • 2.55 miles

  • Public District Grades 6-8

High School

school-card-donut-3172802
6
/10

  • Wake Forest High School

  • 420 Stadium Dr

  • 3.81 miles

  • Public District Grades 9-12

school-card-donut-3172803
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 13.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,046. The most common annual income of people living in Wake Forest, NC is between $100k-200k. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7316 Waterlook Way

What is the listing price of this property?

The listing price of 7316 Waterlook Way property is $1,645,000.

What type of property is this?

The property 7316 Waterlook Way is a house located in Wake Forest, North Carolina, 27587.

Is this property for sale now?

Active Listing: 7316 Waterlook Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7316 Waterlook Way are:
North Forest Pines Drive Elementary School: GreatSchools Rating 7/10
Wakefield Middle School: GreatSchools Rating 5/10
Wake Forest High School: GreatSchools Rating 6/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,847 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 16, 2019 for $980,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7316 Waterlook Way has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 7316 Waterlook Way is 6,442 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7316 Waterlook Way is 2018.

Rocket Homes›North Carolina›Wake County›Wake Forest›27587›7316 Waterlook Way

This home is located at 7316 Waterlook Way in Wake Forest, NC and zip code 27587. This 6,442 square foot home, which was built in 2018, sits on a 1.60 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $1,645,000.

Wake Forest, NC housing market in March 2024 saw over 25 listings sold above listed price, more than 26 sold at listed price and over 41 sold below. The number of listings in Wake Forest, NC increased by 1.3% between February 2024 and March 2024. In March 2024 median list price was $539,648 and the average listing age was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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