NOT LISTED FOR SALE

1602 River Mill Dr Unit 2 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $288,000 - $343,841

2 Beds
2 Baths
1,368 Sq Ft
$232/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 $317,710, approximately $232 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
$317,710

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
$39,067
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$278,643

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
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
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

1602 River Mill Dr Unit 2, Wake Forest, NC

Not Listed for Sale

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