NOT LISTED FOR SALE

7429 New Forest Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $849,000 - $1,418,000

-- Bed
7 Baths
3,261 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 7429 New Forest Ln, Wake Forest, NC 27587 and is currently estimated at $1,034,517, approximately $317 per square foot. 7429 New Forest Ln 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
Mar 8, 2012
Sold by
Crescent State Bank
Bought by
Wallace Matthew and Wallace Mary Elizabeth
Current Estimated Value
$1,034,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,750
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2011
Sold by
Camden Custom Homes Inc
Bought by
Crescent State Bank

Purchase Details

Closed on
Aug 24, 2007
Sold by
Adams James M and Adams Kristi H
Bought by
Camden Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,425,800
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2007
Sold by
Millridge Investments Inc
Bought by
Adams James M and Adams Kristi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Wallace Matthew $70,000 None Available
Crescent State Bank $80,000 None Available
Camden Custom Homes Inc $194,500 None Available
Adams James M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wallace Matthew $52,500
Previous Owner Camden Custom Homes Inc $194,500
Previous Owner Adams James M $243,000
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 $5,594 $871,492 $160,000 $711,492
2024 $5,432 $871,492 $160,000 $711,492
2023 $4,379 $559,108 $90,000 $469,108
2022 $4,058 $559,108 $90,000 $469,108
2021 $3,814 $539,882 $90,000 $449,882
2020 $3,751 $539,882 $90,000 $449,882
2019 $4,245 $517,372 $95,000 $422,372
2018 $3,902 $517,372 $95,000 $422,372
2017 $3,699 $517,372 $95,000 $422,372
2016 $3,426 $488,962 $95,000 $393,962
2015 $4,438 $636,095 $170,000 $466,095
2014 $4,206 $636,095 $170,000 $466,095
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7429 New Forest Ln, Wake Forest, NC

This home is located at 7429 New Forest Ln, Wake Forest, NC 27587 and is currently estimated at $1,034,517, approximately $317 per square foot. 7429 New Forest Ln 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.

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