NOT LISTED FOR SALE

8405 Covington Ridge Rd Unit 1 Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $751,000 - $887,000

-- Bed
-- Bath
3,224 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 8405 Covington Ridge Rd Unit 1, Wake Forest, NC 27587 and is currently estimated at $805,798, approximately $249 per square foot. 8405 Covington Ridge Rd Unit 1 is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2017
Sold by
Overcash Barry Lee and Overcash Tina Weathers
Bought by
Faircloth John D
Current Estimated Value
$805,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,352
Interest Rate
4.02%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 29, 2016
Sold by
Wake Forest Homes Inc
Bought by
Overcash Barry Lee and Overcash Tina Weathers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,175
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 2, 2014
Sold by
Nc Capital Group Purnell Road Llc
Bought by
Wake Forest Homes Inc

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

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.

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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
Faircloth John D $70,000 None Available
Overcash Barry Lee $55,000 None Available
Wake Forest Homes Inc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faircloth John D $307,950
Closed Faircloth John D $299,055
Closed Faircloth John D $281,352
Previous Owner Overcash Barry Lee $41,175
Previous Owner Nc Capital Group Purnell Rd Llc $50,000
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
2024 $4,675 $749,528 $75,000 $674,528
2023 $3,872 $494,059 $52,500 $441,559
2022 $3,588 $494,059 $52,500 $441,559
2021 $3,492 $494,059 $52,500 $441,559
2020 $3,434 $494,059 $52,500 $441,559
2019 $3,861 $470,326 $68,000 $402,326
2018 $510 $68,000 $68,000 $0
2017 $483 $68,000 $68,000 $0
2016 $474 $68,000 $68,000 $0
2015 $556 $80,000 $80,000 $0
2014 $526 $80,000 $80,000 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

8405 Covington Ridge Rd Unit 1, Wake Forest, NC

Homes for Sale in Wake Forest, NC

This home is located at 8405 Covington Ridge Rd Unit 1, Wake Forest, NC 27587 and is currently estimated at $805,798, approximately $249 per square foot. 8405 Covington Ridge Rd Unit 1 is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield 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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