NOT LISTED FOR SALE

7508 Welcome Dr Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $1,076,000 - $1,214,000

4 Beds
4 Baths
4,709 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 7508 Welcome Dr, Wake Forest, NC 27587 and is currently estimated at $1,132,911, approximately $240 per square foot. 7508 Welcome 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
Mar 19, 2012
Sold by
Irwin Stephen T and Irwin Regina M
Bought by
Greenwood Jonathan N and Greenwood Inez M
Current Estimated Value
$1,132,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,400
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2000
Sold by
Burns Declan
Bought by
Irwin Stephen T and Irwin Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
6.5%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Falls Lake Homes
Bought by
Burns Declan and Burns Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.04%

Purchase Details

Closed on
Dec 19, 1997
Sold by
Thompson Sanford W
Bought by
Falls Lake Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.2%
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
Greenwood Jonathan N $458,000 None Available
Irwin Stephen T $619,000 --
Burns Declan $409,000 --
Falls Lake Homes $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenwood Jonathan N $366,400
Previous Owner Irwin Stephen T $495,200
Previous Owner Burns Declan $300,000
Previous Owner Falls Lake Homes $328,000
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 $6,469 $1,008,281 $132,000 $876,281
2024 $6,281 $1,008,281 $132,000 $876,281
2023 $5,799 $741,208 $99,000 $642,208
2022 $5,373 $741,208 $99,000 $642,208
2021 $5,228 $741,208 $99,000 $642,208
2020 $5,142 $741,208 $99,000 $642,208
2019 $5,095 $621,375 $90,000 $531,375
2018 $4,683 $621,375 $90,000 $531,375
2017 $4,438 $621,375 $90,000 $531,375
2016 $4,348 $621,375 $90,000 $531,375
2015 $4,998 $716,757 $180,000 $536,757
2014 -- $716,757 $180,000 $536,757
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7508 Welcome Dr, Wake Forest, NC

This home is located at 7508 Welcome Dr, Wake Forest, NC 27587 and is currently estimated at $1,132,911, approximately $240 per square foot. 7508 Welcome 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.

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.

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