NOT LISTED FOR SALE

116 Melksham Rd Wake Forest, NC 27587

Estimated Value: $324,297 - $336,000

3 Beds
2 Baths
1,161 Sq Ft
$285/Sq Ft Est. Value

About This Home

This home is located at 116 Melksham Rd, Wake Forest, NC 27587 and is currently estimated at $330,324, approximately $284 per square foot. 116 Melksham Rd is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
Rff Llc
Bought by
Nelmes Gary Douglas and Nelmes Dianne J
Current Estimated Value
$330,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Outstanding Balance
$124,956
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$205,368

Purchase Details

Closed on
Jan 29, 2008
Sold by
Rosales Mark M and Rosales Jennifer K
Bought by
Rff Llc

Purchase Details

Closed on
Jun 7, 2007
Sold by
Rehmar Steven Jay and Rehmar Cynthia A
Bought by
Rosales Mark M and Rosales Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2005
Sold by
Downer David M and Downer Vanessa K
Bought by
Rehmar Steven Jay and Rehmar Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 30, 2002
Sold by
Johnson Timothy and Johnson Dorethea
Bought by
Downer David M and Downer Vanessa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.5%

Purchase Details

Closed on
Aug 30, 2000
Sold by
Hud
Bought by
Johnson Timothy and Johnson Dorethea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,050
Interest Rate
8.24%

Purchase Details

Closed on
May 24, 2000
Sold by
Zimmer Jerome A
Bought by
Hud

Purchase Details

Closed on
May 28, 1998
Sold by
Tom Charnetzky Custom Homes Inc
Bought by
Zimmer Ii Jerome A and King Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,183
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nelmes Gary Douglas $178,000 None Available
Rff Llc -- None Available
Rosales Mark M $134,500 None Available
Rehmar Steven Jay $125,000 --
Downer David M $109,000 --
Johnson Timothy -- --
Hud $127,261 --
Zimmer Ii Jerome A $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelmes Gary Douglas $142,400
Previous Owner Rosales Mark M $104,000
Previous Owner Rehmar Steven Jay $112,500
Previous Owner Downer David M $95,000
Previous Owner Johnson Timothy $83,050
Previous Owner Zimmer Ii Jerome A $108,183
Source: Public Records

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
2025 $2,946 $299,378 $70,000 $229,378
2024 $2,936 $299,378 $70,000 $229,378
2023 $2,089 $178,039 $50,000 $128,039
2022 $2,004 $178,039 $50,000 $128,039
2021 $1,970 $178,039 $50,000 $128,039
2020 $1,970 $178,039 $50,000 $128,039
2019 $1,684 $134,142 $41,000 $93,142
2018 $1,595 $134,142 $41,000 $93,142
2017 $1,543 $134,142 $41,000 $93,142
2016 $1,523 $134,142 $41,000 $93,142
2015 $1,519 $132,116 $38,000 $94,116
2014 $1,471 $132,116 $38,000 $94,116
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587

116 Melksham Rd, Wake Forest, NC

This home is located at 116 Melksham Rd, Wake Forest, NC 27587 and is currently estimated at $330,324, approximately $284 per square foot. 116 Melksham Rd is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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.

Nearby Homes