NOT LISTED FOR SALE

7824 Melcombe Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $536,000 - $608,000

3 Beds
3 Baths
2,400 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 7824 Melcombe Way, Wake Forest, NC 27587 and is currently estimated at $560,451, approximately $233 per square foot. 7824 Melcombe Way 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
Nov 2, 1999
Sold by
Bannerman & Co
Bought by
Mcnally Michael P
Current Estimated Value
$560,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Bannerman Roderick A and Bannerman Pamela W
Bought by
Bannerman & Co
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

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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
Mcnally Michael P $198,500 --
Bannerman & Co $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnally Michael P $118,000
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 $3,300 $512,840 $85,500 $427,340
2024 $3,205 $512,840 $85,500 $427,340
2023 $2,502 $318,377 $54,000 $264,377
2022 $2,319 $318,377 $54,000 $264,377
2021 $2,257 $318,377 $54,000 $264,377
2020 $2,220 $318,377 $54,000 $264,377
2019 $2,299 $279,107 $60,000 $219,107
2018 $2,114 $279,107 $60,000 $219,107
2017 $2,004 $279,107 $60,000 $219,107
2016 $1,964 $279,107 $60,000 $219,107
2015 $1,879 $267,610 $76,000 $191,610
2014 $1,781 $267,610 $76,000 $191,610
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

7824 Melcombe Way, Wake Forest, NC

This home is located at 7824 Melcombe Way, Wake Forest, NC 27587 and is currently estimated at $560,451, approximately $233 per square foot. 7824 Melcombe Way 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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