NOT LISTED FOR SALE

7516 Welcome Dr Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $763,000 - $1,014,292

5 Beds
4 Baths
4,833 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 7516 Welcome Dr, Wake Forest, NC 27587 and is currently estimated at $848,823, approximately $175 per square foot. 7516 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Bought by
Current Estimated Value
$848,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$655,861
Interest Rate
7.22%
Mortgage Type
Construction
Estimated Equity
$192,962

Purchase Details

Closed on
Mar 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,640
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
6.75%

Purchase Details

Closed on
May 25, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
6.84%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Listed On Document
$513,500 --
$468,500 --
$73,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $670,000
Previous Owner $410,640
Previous Owner $374,400
Previous Owner $73,100
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,140 $800,509 $132,000 $668,509
2024 $4,991 $800,509 $132,000 $668,509
2023 $4,919 $628,351 $99,000 $529,351
2022 $4,558 $628,351 $99,000 $529,351
2021 $4,435 $628,351 $99,000 $529,351
2020 $4,362 $628,351 $99,000 $529,351
2019 $4,800 $585,309 $90,000 $495,309
2018 $4,412 $585,309 $90,000 $495,309
2017 $4,182 $585,309 $90,000 $495,309
2016 $4,097 $585,309 $90,000 $495,309
2015 $4,692 $672,746 $180,000 $492,746
2014 -- $672,746 $180,000 $492,746
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7516 Welcome Dr, Wake Forest, NC

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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