NOT LISTED FOR SALE

505 E Nelson Ave Wake Forest, NC 27587

Estimated Value: $170,043 - $272,000

-- Bed
1 Bath
960 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 505 E Nelson Ave, Wake Forest, NC 27587 and is currently estimated at $229,261, approximately $238 per square foot. 505 E Nelson Ave 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
Jun 10, 2015
Sold by
Thomas Alton and Thomas Evonne
Bought by
Burton Jessie P
Current Estimated Value
$229,261

Purchase Details

Closed on
Dec 31, 2014
Sold by
Montague David D and Montague Wallanda B
Bought by
Burton Jessie

Purchase Details

Closed on
Jul 24, 2014
Sold by
Harris James E and Harris Marjorie
Bought by
Burton Jessie

Purchase Details

Closed on
Jul 22, 2014
Sold by
Burton Jessie
Bought by
Montague David D

Purchase Details

Closed on
Jan 16, 2002
Sold by
Harris James E and Harris Marjorie
Bought by
Burton Wilbert and Burton Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
6.28%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 2, 2001
Sold by
Peppers Joseph L
Bought by
Harris James E and Harris Marjorie P

Purchase Details

Closed on
Nov 29, 2000
Sold by
Harris Marjorie P and Peppers James R
Bought by
Peppers Joseph L
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
Burton Jessie P -- Attorney
Burton Jessie -- None Available
Burton Jessie -- None Available
Montague David D -- None Available
Harris James E -- --
Peppers Joseph L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montague David $57,850
Previous Owner Burton Wilbert $6,300
Previous Owner Burton Wilbert $65,200
Previous Owner Burton Wilbert $54,500
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 $1,486 $144,093 $37,500 $106,593
2023 $1,100 $92,960 $22,500 $70,460
2022 $1,056 $92,960 $22,500 $70,460
2021 $1,038 $92,960 $22,500 $70,460
2020 $1,038 $92,960 $22,500 $70,460
2019 $929 $73,242 $20,000 $53,242
2018 $880 $73,242 $20,000 $53,242
2017 $851 $73,242 $20,000 $53,242
2016 $841 $73,242 $20,000 $53,242
2015 $926 $79,863 $26,000 $53,863
2014 $897 $79,863 $26,000 $53,863
Source: Public Records

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