NOT LISTED FOR SALE

1248 S Main St Wake Forest, NC 27587

Estimated Value: $993,934

-- Bed
-- Bath
3,464 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 1248 S Main St, Wake Forest, NC 27587 and is currently estimated at $993,934, approximately $286 per square foot. 1248 S Main St is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2015
Sold by
Tack Llc
Bought by
Zaton Llc
Current Estimated Value
$993,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$352,568
Interest Rate
3.78%
Mortgage Type
Commercial
Estimated Equity
$652,324

Purchase Details

Closed on
Nov 18, 2010
Sold by
Raleigh Church Inc
Bought by
Tack L L C

Purchase Details

Closed on
Jun 2, 2008
Sold by
Raleigh Church Inc
Bought by
New Well Ministries Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Sanford Henry David and Sanford Katherine D
Bought by
Raleigh Church Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.1%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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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
Zaton Llc $550,000 Attorney
Tack L L C $450,000 None Available
New Well Ministries Llc -- None Available
Raleigh Church Inc $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaton Llc $440,000
Previous Owner Raleigh Church Inc $550,000
Previous Owner Sanford Henry David $133,876
Previous Owner Sanford Henry David $98,100
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
2024 $8,548 $816,660 $323,909 $492,751
2023 $8,434 $725,826 $271,812 $454,014
2022 $8,089 $725,826 $271,812 $454,014
2021 $7,948 $725,826 $271,812 $454,014
2020 $7,948 $725,826 $271,812 $454,014
2019 $6,699 $539,939 $273,171 $266,768
2018 $6,341 $539,939 $273,171 $266,768
2017 $6,128 $539,939 $273,171 $266,768
2016 $6,050 $539,939 $273,171 $266,768
2015 $7,018 $618,578 $308,054 $310,524
2014 $6,792 $618,578 $308,054 $310,524
Source: Public Records

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