NOT LISTED FOR SALE

7420 Ridge Falls Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,125,404 - $1,218,000

4 Beds
4 Baths
3,651 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 7420 Ridge Falls Ln, Wake Forest, NC 27587 and is currently estimated at $1,174,101, approximately $321 per square foot. 7420 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
Jun 28, 2018
Sold by
Ic Hoems Llc
Bought by
Telerico Joseph D and Telerico Krarlin H
Current Estimated Value
$1,174,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2016
Sold by
Anhut Properties Llc
Bought by
Ich Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Telerico Joseph D $675,000 None Available
Ich Homes Llc $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telerico Joseph D $120,000
Previous Owner Ich Homes Llc $468,000
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 $6,604 $1,029,344 $165,000 $864,344
2024 $6,243 $1,002,024 $165,000 $837,024
2023 $5,300 $677,184 $134,000 $543,184
2022 $4,911 $677,184 $134,000 $543,184
2021 $4,779 $677,184 $134,000 $543,184
2020 $4,699 $677,184 $134,000 $543,184
2019 $5,610 $684,478 $135,000 $549,478
2018 $5,156 $684,478 $135,000 $549,478
2017 $960 $135,000 $135,000 $0
2016 $940 $150,000 $150,000 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7420 Ridge Falls Ln, Wake Forest, NC

This home is located at 7420 Ridge Falls Ln, Wake Forest, NC 27587 and is currently estimated at $1,174,101, approximately $321 per square foot. 7420 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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