NOT LISTED FOR SALE

508 Elm Ave Wake Forest, NC 27587

Estimated Value: $285,000 - $311,722

3 Beds
3 Baths
1,630 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 508 Elm Ave, Wake Forest, NC 27587 and is currently estimated at $299,931, approximately $184 per square foot. 508 Elm Ave is a home located in Wake County with nearby schools including Wake Forest 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 22, 2016
Sold by
Linger Michael A
Bought by
Lewis Kimberly L
Current Estimated Value
$299,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Outstanding Balance
$121,708
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$178,223

Purchase Details

Closed on
Apr 10, 2016
Sold by
Mutoza Doris E
Bought by
Linger Michael A

Purchase Details

Closed on
Jan 27, 2016
Sold by
Carey Jeannine Louise and Moore Frank
Bought by
Mutoza Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2014
Sold by
Carey Jeannine Louise
Bought by
Carey Jeannine Louise and Moore Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,603
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2014
Sold by
Slater Cathy and Slater Douglas
Bought by
Carey Jeannine Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,603
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2012
Sold by
Hall Janice S
Bought by
Slater Cathy

Purchase Details

Closed on
Dec 28, 2004
Sold by
Prominence Homes Inc
Bought by
Hall Janice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
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

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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
Lewis Kimberly L $147,500 None Available
Linger Michael A -- None Available
Linger Michael A -- None Available
Mutoza Doris E $147,500 None Available
Carey Jeannine Louise -- None Available
Carey Jeannine Louise $145,000 None Available
Slater Cathy $146,000 None Available
Hall Janice S $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linger Michael A $147,500
Previous Owner Mutoza Doris E $72,400
Previous Owner Carey Jeannine Louise $146,603
Previous Owner Hall Janice S $90,000
Closed Hall Janice S $41,929
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 $2,827 $295,992 $80,000 $215,992
2023 $1,904 $162,123 $30,000 $132,123
2022 $1,827 $162,123 $30,000 $132,123
2021 $1,795 $162,123 $30,000 $132,123
2020 $1,795 $162,123 $30,000 $132,123
2019 $1,718 $136,826 $30,000 $106,826
2018 $1,627 $136,826 $30,000 $106,826
2017 $1,573 $136,826 $30,000 $106,826
2016 $1,553 $136,826 $30,000 $106,826
2015 -- $149,255 $36,000 $113,255
2014 -- $149,255 $36,000 $113,255
Source: Public Records

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