NOT LISTED FOR SALE

7433 New Forest Ln Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $938,000 - $1,025,000

5 Beds
4 Baths
3,845 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 7433 New Forest Ln, Wake Forest, NC 27587 and is currently estimated at $981,719, approximately $255 per square foot. 7433 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
Dec 18, 2018
Sold by
Wofford Jonathan and Wofford Kristen
Bought by
Sherer Jeannine M and Sherer Brandon G
Current Estimated Value
$981,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Outstanding Balance
$409,689
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$572,030

Purchase Details

Closed on
Mar 20, 2012
Sold by
Crescent State Bank
Bought by
Wofford Jonathan and Wofford Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

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
$208,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
Millridge Investments Inc
Bought by
Adams James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.95%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sherer Jeannine M $595,000 None Available
Wofford Jonathan $70,000 None Available
Crescent State Bank $80,000 None Available
Camden Custom Homes Inc $208,500 None Available
Adams James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherer Jeannine M $463,200
Previous Owner Wofford Jonathan $404,000
Previous Owner Camden Custom Homes Inc $208,000
Previous Owner Adams James M $97,500
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 $5,771 $899,166 $160,000 $739,166
2024 $5,604 $899,166 $160,000 $739,166
2023 $4,751 $606,788 $90,000 $516,788
2022 $4,402 $606,788 $90,000 $516,788
2021 $4,284 $606,788 $90,000 $516,788
2020 $4,213 $606,788 $90,000 $516,788
2019 $4,582 $558,593 $95,000 $463,593
2018 $4,212 $558,593 $95,000 $463,593
2017 $3,992 $558,593 $95,000 $463,593
2016 $3,911 $558,593 $95,000 $463,593
2015 $5,008 $718,255 $170,000 $548,255
2014 -- $718,255 $170,000 $548,255
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7433 New Forest Ln, Wake Forest, NC

This home is located at 7433 New Forest Ln, Wake Forest, NC 27587 and is currently estimated at $981,719, approximately $255 per square foot. 7433 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes