NOT LISTED FOR SALE

308 Bishop Falls Rd Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $204,374 - $231,000

0.66 Acre
$329,829 Price per Acre
28,750 Sq Ft Lot

Last Sold June 28, 2022

Last sale price $160,000

Est. 27% increase in value since last sale

Current estimated payment $1,203/month

About This Lot

As of June 2022

Wondeful cul-de-sac lot in coveted St. Ives. This established neighborhood features gorgeous custom homes, large lots and mature trees. The ameneties include: a private clubhouse, pool and tennis courts. So much to enjoy in a very convenient Wake Forest location. City water/sewer and gas available in St. Ives. Don't miss out on this wonderful opportunity!

Last Agent to Sell the Property

Meredith Hilbert

Allen Tate/Wake Forest License #276415 Listed on: 05/24/2022

Allen Tate/Wake Forest

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,687

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • St Ives Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$1,687

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: St Ives
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • General Property Information Lot Size Acres: 0.66
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.66
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Other19: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 28749.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
May 27, 2022
Sold by
Janet Barrett
Bought by
Superior Custom Builders Inc
Seller's Agent
Meredith Hilbert
Allen Tate/Wake Forest
Buyer's Agent
Non Member
Non Member Office
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$202,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,543
Avg. Annual Appreciation
9.69%
Original Mortgage
$144,000
Outstanding Balance
$136,689
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$80,998

Purchase Details

Closed on
Feb 6, 2012
Sold by
Rbc Bank Usa
Bought by
Barrett Janet

Purchase Details

Closed on
May 31, 2006
Sold by
St Ives Llc
Bought by
Chadmor Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,300
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Superior Custom Builders Inc $160,000 None Listed On Document
Barrett Janet $61,000 None Available
Chadmor Homes Inc $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Superior Custom Builders Inc $144,000
Previous Owner Chadmor Homes Inc $340,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $160,000 -- --
06/28/2022 06/28/22 Sold $160,000 +6.7% --
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $150,000 -- --
Source: Doorify MLS

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 $1,687 $180,000 $180,000 --
2024 $1,680 $180,000 $180,000 $0
2023 $1,511 $130,000 $130,000 $0
2022 $1,449 $130,000 $130,000 $0
2021 $1,424 $130,000 $130,000 $0
2020 $1,424 $130,000 $130,000 $0
2019 $1,266 $102,000 $102,000 $0
2018 $1,198 $102,000 $102,000 $0
2017 $1,158 $102,000 $102,000 $0
2016 $1,143 $102,000 $102,000 $0
2015 $1,985 $175,000 $175,000 $0
2014 -- $175,000 $175,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Hilbert

    Seller's Agent in 2022

    Meredith Hilbert

    Allen Tate/Wake Forest

    (919) 418-6507

    16 in this area

    180 Total Sales

    Meredith Hilbert
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2451047

Doorify MLS

APN: 1831.11-55-9782-000

North Carolina Wake County Wake Forest 27587 Falls Lake

308 Bishop Falls Rd, Wake Forest, NC

This home is located at 308 Bishop Falls Rd, Wake Forest, NC 27587 since 24 May 2022 and is currently estimated at $217,687. 308 Bishop Falls 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.

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.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes