NOT LISTED FOR SALE

7321 Lakefall Dr Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $718,000 - $755,000

3 Beds
3 Baths
3,018 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 7321 Lakefall Dr, Wake Forest, NC 27587 and is currently estimated at $743,649, approximately $246 per square foot. 7321 Lakefall Dr is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2019
Sold by
Bates Byron A and Bates Laura V
Bought by
Smith Charles and Smith Halley
Current Estimated Value
$743,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,670
Outstanding Balance
$341,888
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$401,761

Purchase Details

Closed on
Jul 31, 2008
Sold by
Henne Kenneth R and Henne Freeda D
Bought by
Bates Byron A and Bates Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,700
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1997
Sold by
Fouse Samuel
Bought by
Henne Kenneth and Henne Freeda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.19%
Mortgage Type
Credit Line Revolving
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

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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
Smith Charles $419,000 None Available
Bates Byron A $342,000 None Available
Henne Kenneth $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Charles $389,670
Previous Owner Bates Byron A $290,700
Previous Owner Henne Kenneth $120,000
Previous Owner Henne Kenneth $104,900
Previous Owner Henne Kenneth $103,000
Previous Owner Henne Kenneth $125,000
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 $4,282 $666,380 $150,000 $516,380
2024 $4,158 $666,380 $150,000 $516,380
2023 $3,357 $427,952 $85,000 $342,952
2022 $3,111 $427,952 $85,000 $342,952
2021 $3,027 $427,952 $85,000 $342,952
2020 $2,977 $427,952 $85,000 $342,952
2019 $2,861 $347,885 $110,000 $237,885
2018 $2,631 $347,885 $110,000 $237,885
2017 $2,493 $347,885 $110,000 $237,885
2016 $2,443 $347,885 $110,000 $237,885
2015 $2,773 $396,460 $130,000 $266,460
2014 $2,629 $396,460 $130,000 $266,460
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7321 Lakefall Dr, Wake Forest, NC

This home is located at 7321 Lakefall Dr, Wake Forest, NC 27587 and is currently estimated at $743,649, approximately $246 per square foot. 7321 Lakefall Dr is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield High School.

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