508 Elm Ave Wake Forest, NC 27587
Estimated Value: $287,000 - $298,139
3
Beds
3
Baths
1,630
Sq Ft
$180/Sq Ft
Est. Value
About This Home
This home is located at 508 Elm Ave, Wake Forest, NC 27587 and is currently estimated at $293,035, approximately $179 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
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
$120,225
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$172,810
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
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
Average Home Value in this Area
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
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 | $2,838 | $295,992 | $80,000 | $215,992 |
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
Map
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