NOT LISTED FOR SALE

205 Forbes Rd Unit Lot72 Wake Forest, NC 27587

Estimated Value: $573,000 - $586,295

5 Beds
4 Baths
3,591 Sq Ft
$161/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 $579,574, 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
$579,574

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
$120,351

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:

Collateral Analytics

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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

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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

This home is located at 205 Forbes Rd Unit Lot72, Wake Forest, NC 27587 and is currently estimated at $579,574, 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.

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