NOT LISTED FOR SALE

1001 Karbas Rd Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $724,056 - $923,000

4 Beds
4 Baths
3,200 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 1001 Karbas Rd, Wake Forest, NC 27587 and is currently estimated at $794,764, approximately $248 per square foot. 1001 Karbas Rd is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Roper Paul Michael and Roper Anne Becker
Bought by
Kelley Floyd Herbert and Kelley Denise Marie
Current Estimated Value
$794,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Outstanding Balance
$349,081
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$445,683

Purchase Details

Closed on
Jun 1, 2017
Sold by
Chapman Alvin T and Chapman Melinda J
Bought by
Roper Paul Michael and Roper Anne Becker

Purchase Details

Closed on
Aug 20, 2008
Sold by
Burgess Jeffrey P and Burgess Shari R
Bought by
Chapman Alvin T and Chapman Melinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2007
Sold by
Triangle Home Partners Llc
Bought by
Burgess Jeffrey P and Burgess Shari R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Nc Capital Group Pursell Road Llc
Bought by
Triangle Home Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Kelley Floyd Herbert $415,000 None Available
Roper Paul Michael $374,000 None Available
Chapman Alvin T $385,000 None Available
Burgess Jeffrey P $308,000 None Available
Triangle Home Partners Llc $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Floyd Herbert $394,250
Previous Owner Chapman Alvin T $308,000
Previous Owner Burgess Jeffrey P $304,200
Previous Owner Triangle Home Partners Llc $191,700
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 $4,308 $670,443 $100,000 $570,443
2024 $4,183 $670,443 $100,000 $570,443
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

1001 Karbas Rd, Wake Forest, NC

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.

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