NOT LISTED FOR SALE

716 Precipice Way Wake Forest, NC 27587

Estimated Value: $561,000 - $617,000

-- Bed
-- Bath
2,939 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 716 Precipice Way, Wake Forest, NC 27587 and is currently estimated at $584,402, approximately $198 per square foot. 716 Precipice Way is a home 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
Nov 30, 2021
Sold by
Lennar Carolinas Llc
Bought by
Colon Morgan Elena and Sanchez De Medina
Current Estimated Value
$584,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,052
Outstanding Balance
$357,730
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$226,672
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
Colon Morgan Elena $486,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon Morgan Elena $389,052
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 $5,307 $551,250 $130,000 $421,250
2024 $5,287 $551,250 $130,000 $421,250
2023 $4,182 $358,203 $110,000 $248,203
2022 $4,012 $358,203 $110,000 $248,203
2021 $1,205 $110,000 $110,000 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587

716 Precipice Way, Wake Forest, NC

This home is located at 716 Precipice Way, Wake Forest, NC 27587 and is currently estimated at $584,402, approximately $198 per square foot. 716 Precipice Way is a home with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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