7400 Matherly Dr Wake Forest, NC 27587
Falls Lake NeighborhoodEstimated Value: $408,000 - $502,000
3
Beds
2
Baths
1,663
Sq Ft
$278/Sq Ft
Est. Value
About This Home
This home is located at 7400 Matherly Dr, Wake Forest, NC 27587 and is currently estimated at $462,192, approximately $277 per square foot. 7400 Matherly Dr is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2014
Sold by
Babb Gregory S
Bought by
The Gregory S Babb Living Trust
Current Estimated Value
Purchase Details
Closed on
Apr 23, 2002
Sold by
Household Realty Corp
Bought by
Babb Gregory Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Outstanding Balance
$72,581
Interest Rate
7.07%
Estimated Equity
$389,611
Purchase Details
Closed on
Mar 22, 2001
Sold by
Rey Angela Morris
Bought by
Rey Clifford Forrest
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Gregory S Babb Living Trust | -- | None Available | |
| Babb Gregory Scott | $191,000 | -- | |
| Rey Clifford Forrest | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Babb Gregory Scott | $171,900 |
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 | $2,948 | $457,834 | $132,000 | $325,834 |
| 2024 | $2,863 | $457,834 | $132,000 | $325,834 |
| 2023 | $2,142 | $272,168 | $87,600 | $184,568 |
| 2022 | $1,986 | $272,168 | $87,600 | $184,568 |
| 2021 | $1,933 | $272,168 | $87,600 | $184,568 |
| 2020 | $1,901 | $272,168 | $87,600 | $184,568 |
| 2019 | $1,833 | $221,995 | $81,600 | $140,395 |
| 2018 | $1,686 | $221,995 | $81,600 | $140,395 |
| 2017 | $1,598 | $221,995 | $81,600 | $140,395 |
| 2016 | $1,566 | $221,995 | $81,600 | $140,395 |
| 2015 | $1,707 | $242,937 | $91,200 | $151,737 |
| 2014 | -- | $242,937 | $91,200 | $151,737 |
Source: Public Records
Map
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