NOT LISTED FOR SALE

1601 Silo Point Dr Wake Forest, NC 27587

Estimated Value: $680,000 - $754,000

5 Beds
5 Baths
3,265 Sq Ft
$219/Sq Ft Est. Value

About This Home

This home is located at 1601 Silo Point Dr, Wake Forest, NC 27587 and is currently estimated at $714,651, approximately $218 per square foot. 1601 Silo Point Dr is a home located in Wake County with nearby schools including Wake Forest 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 17, 2022
Sold by
Mehm Brian F
Bought by
Mehm Brian F and Mehm Deborah M
Current Estimated Value
$714,651

Purchase Details

Closed on
Jan 6, 2020
Sold by
The Drees Company
Bought by
Mehm Brian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,279
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2018
Sold by
Wsr Hv Llc
Bought by
The Drees Company and The Drees Homes Company
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

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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
Mehm Brian F -- --
Mehm Brian F $505,000 None Available
The Drees Company $670,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehm Brian F $454,279
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 $6,323 $659,690 $150,000 $509,690
2024 $6,299 $659,690 $150,000 $509,690
2023 $5,463 $468,429 $112,500 $355,929
2022 $5,241 $468,429 $112,500 $355,929
2021 $4,740 $432,836 $112,500 $320,336
2020 $4,944 $489,145 $112,500 $376,645
2019 $692 $55,800 $55,800 $0
2018 $0 $7,600 $7,600 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587

1601 Silo Point Dr, Wake Forest, NC

This home is located at 1601 Silo Point Dr, Wake Forest, NC 27587 and is currently estimated at $714,651, approximately $218 per square foot. 1601 Silo Point Dr is a home located in Wake County with nearby schools including Wake Forest Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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