NOT LISTED FOR SALE

2616 Penfold Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $788,000 - $888,000

4 Beds
5 Baths
3,348 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 2616 Penfold Ln, Wake Forest, NC 27587 and is currently estimated at $829,375, approximately $247 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
$843,553

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
Interest Rate
1.62%
Mortgage Type
Purchase Money Mortgage

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.15%
Mortgage Type
Unknown
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $240,000
Closed Scarbrough Mark E $49,000
Closed Scarbrough Mark $440,910
Previous Owner Fakhoury Karem M $10,000
Previous Owner Fakhoury Karem M $40,000
Previous Owner Fakhoury Karem M $275,000
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 $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 $829,375, approximately $247 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes