NOT LISTED FOR SALE

242 Forbes Rd Unit Lot16 Wake Forest, NC 27587

Estimated Value: $513,000 - $542,000

4 Beds
3 Baths
2,708 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 242 Forbes Rd Unit Lot16, Wake Forest, NC 27587 and is currently estimated at $526,493, approximately $194 per square foot. 242 Forbes Rd Unit Lot16 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
Oct 9, 2019
Sold by
Kim Mi Heui
Bought by
Muth Patrick S and Powden Darthea G
Current Estimated Value
$526,493

Purchase Details

Closed on
Sep 16, 2010
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Kim Mi Heui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.52%
Mortgage Type
New Conventional
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
Muth Patrick S $338,000 None Available
Kim Mi Heui $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Mi Heui $208,000
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
2024 $4,916 $511,553 $100,000 $411,553
2023 $3,922 $335,830 $42,000 $293,830
2022 $3,763 $335,830 $42,000 $293,830
2021 $3,697 $335,830 $42,000 $293,830
2020 $3,697 $335,830 $42,000 $293,830
2019 $3,337 $267,338 $52,000 $215,338
2018 $3,160 $267,338 $52,000 $215,338
2017 $2,964 $259,414 $52,000 $207,414
2016 $2,927 $259,414 $52,000 $207,414
2015 $3,090 $270,640 $48,000 $222,640
2014 $2,992 $270,640 $48,000 $222,640
Source: Public Records

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