1516 Main Divide Dr Wake Forest, NC 27587
Estimated Value: $527,000 - $554,365
4
Beds
3
Baths
2,864
Sq Ft
$188/Sq Ft
Est. Value
About This Home
This home is located at 1516 Main Divide Dr, Wake Forest, NC 27587 and is currently estimated at $537,841, approximately $187 per square foot. 1516 Main Divide Dr is a home located in Wake County with nearby schools including Jones Dairy Elementary School, Heritage Middle School, and Wake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2019
Sold by
Opendoor Property N Llc
Bought by
Gorgy Ibrahim and Gorgy Mariam Z
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,854
Outstanding Balance
$243,404
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$294,437
Purchase Details
Closed on
Oct 17, 2018
Sold by
Harless Fatima S and Harless Bryan
Bought by
Opendor Property N Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 19, 2011
Sold by
Adavikatla Muralidhar and Shaik Fatima N
Bought by
Shaik Fatima N
Purchase Details
Closed on
Jan 28, 2009
Sold by
The Drees Company
Bought by
Shaik Fatima N and Adavikatla Muralidhar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gorgy Ibrahim | $326,000 | None Available | |
Opendor Property N Llc | $331,000 | None Available | |
Shaik Fatima N | -- | None Available | |
Shaik Fatima N | $265,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gorgy Ibrahim | $276,854 | |
Previous Owner | Opendor Property N Llc | $150,000,000 | |
Previous Owner | Shaik Fatima N | $230,000 |
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 |
---|---|---|---|---|
2025 | $5,015 | $520,124 | $100,000 | $420,124 |
2024 | $4,996 | $520,124 | $100,000 | $420,124 |
2023 | $3,853 | $329,877 | $60,000 | $269,877 |
2022 | $3,696 | $329,877 | $60,000 | $269,877 |
2021 | $3,632 | $329,877 | $60,000 | $269,877 |
2020 | $3,632 | $329,877 | $60,000 | $269,877 |
2019 | $3,360 | $269,207 | $58,000 | $211,207 |
2018 | $3,182 | $269,207 | $58,000 | $211,207 |
2017 | $3,076 | $269,207 | $58,000 | $211,207 |
2016 | $3,036 | $269,207 | $58,000 | $211,207 |
2015 | $3,670 | $321,736 | $60,000 | $261,736 |
2014 | -- | $321,736 | $60,000 | $261,736 |
Source: Public Records
Map
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