NOT LISTED FOR SALE

1602 River Mill Dr Unit 2 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $285,000 - $420,000

2 Beds
2 Baths
1,368 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 1602 River Mill Dr Unit 2, Wake Forest, NC 27587 and is currently estimated at $347,660, approximately $254 per square foot. 1602 River Mill Dr Unit 2 is a home located in Wake County with nearby schools including Wakefield Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2014
Sold by
Vernon James J and Vernon Brenda B
Bought by
Chubb Mikayla
Current Estimated Value
$347,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Outstanding Balance
$39,814
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$307,846

Purchase Details

Closed on
Apr 6, 2011
Sold by
Prim Michael W and Salemi Carrie Benoit
Bought by
Vernon James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 1997
Sold by
Lail Eric S and Lail Deidre Good
Bought by
Prim Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.25%
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
Chubb Mikayla $148,000 None Available
Vernon James J $137,000 None Available
Prim Michael $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chubb Mikayla $118,400
Previous Owner Vernon James J $105,600
Previous Owner Prim Michael $109,250
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 $1,907 $295,083 -- $295,083
2024 $1,852 $295,083 $0 $295,083
2023 $1,614 $204,444 $0 $204,444
2022 $1,496 $204,444 $0 $204,444
2021 $1,457 $204,444 $0 $204,444
2020 $1,433 $204,444 $0 $204,444
2019 $1,336 $161,151 $0 $161,151
2018 $0 $161,151 $0 $161,151
2017 $0 $161,151 $0 $161,151
2016 $1,142 $161,151 $0 $161,151
2015 -- $137,506 $0 $137,506
2014 -- $137,506 $0 $137,506
Source: Public Records

Map