1031 Federal House Ave Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $523,000 - $656,336
4
Beds
4
Baths
3,100
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 1031 Federal House Ave, Wake Forest, NC 27587 and is currently estimated at $595,584, approximately $192 per square foot. 1031 Federal House Ave is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2020
Sold by
Richards Richard E and Richards Garnett H
Bought by
Price Frederick S and Price Pamela H
Current Estimated Value
Purchase Details
Closed on
Sep 16, 2003
Sold by
Osborne Custom Homes Inc
Bought by
Richards Richard E and Richards Garnett H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2000
Sold by
Crenshaw Hall Associates Inc
Bought by
Clearwater Group Ltd
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Price Frederick S | $370,000 | None Available | |
| Richards Richard E | $326,000 | -- | |
| Clearwater Group Ltd | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Richards Richard E | $122,000 | |
| Previous Owner | Richards Richard E | $132,000 | |
| Previous Owner | Richards Richard E | $100,000 | |
| Previous Owner | Richards Richard E | $160,000 | |
| Previous Owner | Domanic Robert | $450,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,185 | $573,548 | $102,000 | $471,548 |
| 2023 | $3,789 | $369,327 | $42,500 | $326,827 |
| 2022 | $3,635 | $369,327 | $42,500 | $326,827 |
| 2021 | $4,064 | $369,327 | $42,500 | $326,827 |
| 2020 | $4,064 | $369,327 | $42,500 | $326,827 |
| 2019 | $4,379 | $351,363 | $66,000 | $285,363 |
| 2018 | $4,146 | $351,363 | $66,000 | $285,363 |
| 2017 | $4,008 | $351,363 | $66,000 | $285,363 |
| 2016 | $3,957 | $351,363 | $66,000 | $285,363 |
| 2015 | $4,542 | $398,555 | $85,000 | $313,555 |
| 2014 | $4,396 | $398,555 | $85,000 | $313,555 |
Source: Public Records
Map
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