NOT LISTED FOR SALE

1839 S Main St Wake Forest, NC 27587

Estimated Value: $37,880,460

-- Bed
-- Bath
210,619 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 1839 S Main St, Wake Forest, NC 27587 and is currently estimated at $37,880,460, approximately $179 per square foot. 1839 S Main St is a home located in Wake County with nearby schools including Heritage Elementary School, Heritage Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2015
Sold by
The Factory Llc
Bought by
The Macsydney Co Ii Llc and Phylesther Ii Llc
Current Estimated Value
$37,880,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,781,000
Outstanding Balance
$9,306,436
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$28,574,024

Purchase Details

Closed on
Aug 19, 2003
Sold by
1839 Development Llc
Bought by
The Factory Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2001
Sold by
Five Star Manufacturing Llc
Bought by
1839 Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 5, 2001
Sold by
Athey Products Corp
Bought by
Five Star Manufacturing Llc
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
The Macsydney Co Ii Llc $17,850,000 Attorney
The Macsydney Company Ii Llc -- Attorney
The Factory Llc $4,400,000 --
1839 Development Llc $2,500,000 --
Five Star Manufacturing Llc $4,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Macsydney Company Ii Llc $11,781,000
Closed The Macsydney Company Ii Llc $11,781,000
Previous Owner The Factory Llc $3,000,000
Previous Owner 1839 Development Llc $3,000,000
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 $214,849 $20,447,826 $5,727,471 $14,720,355
2024 $214,112 $20,447,826 $5,727,471 $14,720,355
2023 $169,487 $14,585,802 $4,732,098 $9,853,704
2022 $162,559 $14,585,802 $4,732,098 $9,853,704
2021 $159,715 $14,585,802 $4,732,098 $9,853,704
2020 $159,715 $14,585,802 $4,732,098 $9,853,704
2019 $171,370 $13,812,330 $4,185,459 $9,626,871
2018 $162,212 $13,812,330 $4,185,459 $9,626,871
2017 $156,770 $13,812,330 $4,185,459 $9,626,871
2016 $154,767 $18,676,209 $4,185,459 $14,490,750
2015 $160,822 $13,915,609 $3,263,516 $10,652,093
2014 -- $13,896,441 $3,244,348 $10,652,093
Source: Public Records

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