NOT LISTED FOR SALE

1839 S Main St Wake Forest, NC 27587

Estimated Value: $36,607,538

Studio
-- Bath
210,619 Sq Ft
$174/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 $36,607,538, approximately $173 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
Feb 4, 2026
Sold by
Macsydney Company Ii Llc and Phylesther Ii Llc
Bought by
Factory Property Llc
Current Estimated Value
$36,607,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$15,000,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$21,607,538

Purchase Details

Closed on
Aug 13, 2015
Sold by
The Factory Llc
Bought by
The Macsydney Co Ii Llc and Phylesther Ii Llc

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
Interest Rate
4.16%
Mortgage Type
Commercial

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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
Factory Property Llc $25,000,000 None Listed On Document
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 Factory Property Llc $15,000,000
Previous Owner 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

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

Map

North Carolina Wake County Wake Forest 27587

1839 S Main St, Wake Forest, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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