242 Forbes Rd Wake Forest, NC 27587
Estimated Value: $517,508 - $553,000
4
Beds
3
Baths
2,700
Sq Ft
$196/Sq Ft
Est. Value
About This Home
This home is located at 242 Forbes Rd, Wake Forest, NC 27587 and is currently estimated at $529,377, approximately $196 per square foot. 242 Forbes Rd 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muth Patrick S | $338,000 | None Available | |
| Muth Patrick S | $338,000 | None Listed On Document | |
| 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
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 | $4,935 | $511,553 | $100,000 | $411,553 |
| 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
Map
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