NOT LISTED FOR SALE

7412 Ridge Falls Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,076,000 - $1,152,000

4 Beds
5 Baths
3,964 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 7412 Ridge Falls Ln, Wake Forest, NC 27587 and is currently estimated at $1,116,014, approximately $281 per square foot. 7412 Ridge Falls Ln is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2018
Sold by
Elm Street Builders Llc
Bought by
Williams Cornelius and Williams Fatima
Current Estimated Value
$1,116,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Outstanding Balance
$396,773
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$719,241
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
Williams Cornelius $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Cornelius $453,100
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 $6,021 $938,295 $165,000 $773,295
2024 $5,847 $938,295 $165,000 $773,295
2023 $4,968 $634,643 $134,000 $500,643
2022 $4,603 $634,643 $134,000 $500,643
2021 $4,480 $634,643 $134,000 $500,643
2020 $4,405 $634,643 $134,000 $500,643
2019 $5,483 $668,909 $135,000 $533,909
2018 $5,039 $668,909 $135,000 $533,909
2017 $4,376 $668,909 $135,000 $533,909
2016 $940 $150,000 $150,000 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7412 Ridge Falls Ln, Wake Forest, NC

This home is located at 7412 Ridge Falls Ln, Wake Forest, NC 27587 and is currently estimated at $1,116,014, approximately $281 per square foot. 7412 Ridge Falls Ln is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

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