NOT LISTED FOR SALE

7116 Cove Lake Dr Unit Lot 13 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,438,000 - $1,694,000

5 Beds
7 Baths
5,164 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 7116 Cove Lake Dr Unit Lot 13, Wake Forest, NC 27587 and is currently estimated at $1,582,565, approximately $306 per square foot. 7116 Cove Lake Dr Unit Lot 13 is a home located in Wake County with nearby schools including Brassfield Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Soto Bradley and Leistner Stacy M
Bought by
Cristini Gary L and Cristini Heidi S
Current Estimated Value
$1,582,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Outstanding Balance
$1,045,069
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$537,496

Purchase Details

Closed on
Jul 26, 2021
Sold by
Nelson Melissa and Nelson Cale M
Bought by
Leistner Stacy M and Soto Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Buildmaster Inc
Bought by
Gomez Jose and Gomez Danielle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2014
Sold by
The Cove At Falls Lake Llc
Bought by
Buildmaster Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Cristini Gary L $1,495,000 None Listed On Document
Leistner Stacy M $1,250,000 None Available
Gomez Jose $815,000 Attorney
Buildmaster Inc $138,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cristini Gary L $1,070,000
Previous Owner Leistner Stacy M $1,000,000
Previous Owner Gomez Jose $417,000
Previous Owner Buildmaster Inc $543,750
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
2025 $8,000 $1,429,303 $225,000 $1,204,303
2024 $8,896 $1,429,303 $225,000 $1,204,303
2023 $7,591 $971,074 $225,000 $746,074
2022 $7,033 $971,074 $225,000 $746,074
2021 $6,844 $971,074 $225,000 $746,074
2020 $6,730 $971,074 $225,000 $746,074
2019 $7,247 $884,856 $144,000 $740,856
2018 $6,660 $884,856 $144,000 $740,856
2017 $6,311 $884,856 $144,000 $740,856
2016 $6,183 $884,856 $144,000 $740,856
2015 -- $946,189 $200,000 $746,189
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7116 Cove Lake Dr Unit Lot 13, Wake Forest, NC

This home is located at 7116 Cove Lake Dr Unit Lot 13, Wake Forest, NC 27587 and is currently estimated at $1,582,565, approximately $306 per square foot. 7116 Cove Lake Dr Unit Lot 13 is a home located in Wake County with nearby schools including Brassfield Elementary School, Wakefield Middle, and Wakefield 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.

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