NOT LISTED FOR SALE

2616 Penfold Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $729,000 - $860,000

4 Beds
5 Baths
3,348 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 2616 Penfold Ln, Wake Forest, NC 27587 and is currently estimated at $785,081, approximately $234 per square foot. 2616 Penfold Ln is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2006
Sold by
Fakhoury Karem M
Bought by
Scarbrough Mark and Scarbrough Beth
Current Estimated Value
$785,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,910
Outstanding Balance
$186,951
Interest Rate
1.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$598,130

Purchase Details

Closed on
Sep 23, 2005
Sold by
Fakhoury Kimberly
Bought by
Fakhoury Karem M

Purchase Details

Closed on
Nov 7, 2001
Sold by
F & L Developers Inc
Bought by
Fakhoury Karem M and Fakhoury Kimberly
Source: Public Records

Range of Values:

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
Scarbrough Mark $490,000 None Available
Fakhoury Karem M -- None Available
Fakhoury Karem M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarbrough Mark $440,910
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 $7,768 $802,150 $100,000 $702,150
2024 $7,739 $802,150 $100,000 $702,150
2023 $5,529 $474,088 $55,000 $419,088
2022 $5,304 $474,088 $55,000 $419,088
2021 $5,211 $474,088 $55,000 $419,088
2020 $5,211 $474,088 $55,000 $419,088
2019 $5,024 $403,298 $60,000 $343,298
2018 $4,756 $403,298 $60,000 $343,298
2017 $4,597 $403,298 $60,000 $343,298
2016 $4,539 $403,298 $60,000 $343,298
2015 $5,835 $512,590 $80,000 $432,590
2014 $5,648 $512,590 $80,000 $432,590
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

2616 Penfold Ln, Wake Forest, NC

This home is located at 2616 Penfold Ln, Wake Forest, NC 27587 and is currently estimated at $785,081, approximately $234 per square foot. 2616 Penfold Ln is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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