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156 N White St #100, Wake Forest, NC, 27587

3beds
3baths
1,577sqft
$285,000
$181price/sqft
$1,896/moest. monthly cost
$75,840/yrincome needed

About This Home

Prime White Street Living at Magnolia Trace, The Tessa Floorplan. Welcome to The Tessa at Magnolia Trace, a beautifully designed 3-bedroom, 2.5-bath modern home ideally located on the highly sought-after White Street in Downtown Wake Forest. Offering 1,577 square feet of thoughtfully planned living space, this home delivers a rare combination of contemporary style, everyday functionality, and exceptional walkability just a two-minute stroll from downtown. Start your mornings on the private balcony, enjoying fresh air and neighborhood charm before heading out to explore Wake Forest's coffee shops, boutiques, restaurants, and local events just steps away. Inside, the open-concept living and dining areas are filled with natural light and designed for seamless everyday living and entertaining. The layout flows effortlessly, creating an inviting space that feels both open and comfortable. Upstairs, all three bedrooms are thoughtfully arranged for comfort and privacy. The owner's suite serves as a relaxing retreat with generous space and a calming atmosphere, while the additional bedrooms offer flexibility for guests, family, or home office needs. Modern finishes and quality craftsmanship throughout the home provide a clean, contemporary aesthetic and low-maintenance living. An attached garage adds the convenience of secure parking and additional storage. Set in one of Wake Forest's most desirable and fast-growing neighborhoods, Magnolia Trace offers an exceptional lifestyle on coveted White Street, where walkability, community charm, and long-term value come together. This is an ideal opportunity for anyone seeking a stylish, turnkey residence in a premier downtown location. Please stop by the Model Home during our Open House for more information.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

4/10
7/10
Wake Forest High SchoolGrades 9-120.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Fiber Cement

Notable Dates

  • Major remodel year: 2026

Other

  • Builder name: Stanley Martin Homes

Type & Style

  • Home type: Condo
  • Architectural style: Modern, Transitional
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Microwave,Oven,Stainless Steel Appliance(s),Vented Exhaust Fan,Water Heater
  • Laundry features: Electric Dryer Hookup,Upper Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Double Vanity,Dual Closets,Eat-in Kitchen,High Ceilings,Open Floorplan,Pantry,Quartz Counters,Radon Mitigation,Recessed Lighting,Separate Shower,Smooth Ceilings,Storage,Walk-In Closet(s),Walk-In Shower,Water Closet,Wired for Data,Wired for Sound
  • Flooring: Carpet,Ceramic Tile,Vinyl,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,577
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Electric,Zoned
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total structure area: 1,577
  • Total interior livable area: 1,577 sqft

Property

Details

  • Parcel number: 1841524174
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Balcony,Lighting,Smart Lock(s)
  • Has view: Yes

Lot

  • Features: Interior Lot,Landscaped
  • Lot size dimensions: 0 x 0

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,441$17,292
Home Insurance *$92$1,104
Property Taxes $163$1,956
Electricity $200$2,405
Total$1,896$22,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,005/yr
40% on housing$56,880/yr
45% on housing$50,560/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 27587$212
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27587$214
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$285,000
2026-04-29Price change$325,000
2026-03-01Listed for sale$340,000

New Construction Spec

AgentJolene Johnson
BrokerageSM North Carolina Brokerage

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