NOT LISTED FOR SALE

205 Forbes Rd Unit Lot72 Wake Forest, NC 27587

Estimated Value: $579,092 - $582,000

5 Beds
4 Baths
3,591 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 205 Forbes Rd Unit Lot72, Wake Forest, NC 27587 and is currently estimated at $580,773, approximately $161 per square foot. 205 Forbes Rd Unit Lot72 is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Rouse Teri S
Bought by
Peraza-Arce Marilyn R and Peraza-Arce Jose D
Current Estimated Value
$580,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$459,223
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$121,550

Purchase Details

Closed on
Nov 3, 2011
Sold by
Rouse Teri S and Rouse Eric Eugene
Bought by
Rouse Teri S

Purchase Details

Closed on
Mar 31, 2010
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Rouse Teri S and Rouse Eric Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,820
Interest Rate
5.5%
Mortgage Type
FHA
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
Peraza-Arce Marilyn R $575,000 None Listed On Document
Peraza-Arce Marilyn R $575,000 None Listed On Document
Rouse Teri S -- None Available
Rouse Teri S $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peraza-Arce Marilyn R $460,000
Closed Peraza-Arce Marilyn R $460,000
Previous Owner Rouse Teri S $294,820
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 -- $556,204 $100,000 $456,204
2024 $5,333 $556,204 $100,000 $456,204
2023 $4,309 $369,117 $42,000 $327,117
2022 $4,134 $369,117 $42,000 $327,117
2021 $4,062 $369,117 $42,000 $327,117
2020 $4,062 $369,117 $42,000 $327,117
2019 $3,756 $301,100 $52,000 $249,100
2018 $3,556 $301,100 $52,000 $249,100
2017 $3,437 $301,100 $52,000 $249,100
2016 $3,394 $301,100 $52,000 $249,100
2015 $3,851 $337,666 $48,000 $289,666
2014 $3,728 $337,666 $48,000 $289,666
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587

205 Forbes Rd Unit Lot72, Wake Forest, NC

Not Listed for Sale

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