NOT LISTED FOR SALE

1224 Rivermead Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $635,302 - $763,000

3 Beds
3 Baths
2,855 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 1224 Rivermead Ln, Wake Forest, NC 27587 and is currently estimated at $694,826, approximately $243 per square foot. 1224 Rivermead Ln 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
Jun 30, 2017
Sold by
Richards Kenneth and Richards Kelly
Bought by
Schertzinger William Michael and Schertzinger Tricia A
Current Estimated Value
$694,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$125,068
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$569,758

Purchase Details

Closed on
Jun 28, 2010
Sold by
Pursley Jan Allen and Cusin Lisa Marie
Bought by
Richards Kenneth and Richards Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2002
Sold by
Cbhb Corp
Bought by
Pursley Jan Allen and Cusin Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,200
Interest Rate
3.87%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Stony Bend Llc
Bought by
Cbhb Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
6.74%
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
Schertzinger William Michael $355,000 None Available
Richards Kenneth $340,000 None Available
Pursley Jan Allen $354,000 Commonwealth Title Ins Compa
Cbhb Corp $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schertzinger William Michael $150,000
Previous Owner Richards Kenneth $323,000
Previous Owner Pursley Jan Allen $283,200
Previous Owner Cbhb Corp $283,000
Closed Pursley Jan Allen $35,400
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 $4,062 $631,982 $140,000 $491,982
2024 $3,945 $631,982 $140,000 $491,982
2023 $2,979 $379,515 $50,000 $329,515
2022 $2,761 $379,515 $50,000 $329,515
2021 $2,687 $379,515 $50,000 $329,515
2020 $2,642 $379,515 $50,000 $329,515
2019 $3,073 $373,785 $60,000 $313,785
2018 $2,825 $373,785 $60,000 $313,785
2017 $2,678 $373,785 $60,000 $313,785
2016 $2,623 $373,785 $60,000 $313,785
2015 $2,600 $371,446 $64,000 $307,446
2014 $2,464 $371,446 $64,000 $307,446
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

1224 Rivermead Ln, Wake Forest, NC

This home is located at 1224 Rivermead Ln, Wake Forest, NC 27587 and is currently estimated at $694,826, approximately $243 per square foot. 1224 Rivermead Ln is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield 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