NOT LISTED FOR SALE

8444 Covington Ridge Rd Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $648,645 - $762,000

3 Beds
3 Baths
3,450 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 8444 Covington Ridge Rd, Wake Forest, NC 27587 and is currently estimated at $687,661, approximately $199 per square foot. 8444 Covington Ridge Rd 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
Oct 14, 2020
Sold by
Gerber Richard L
Bought by
Schechtman Mitchell
Current Estimated Value
$687,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,890
Outstanding Balance
$390,545
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$297,116

Purchase Details

Closed on
Aug 25, 2020
Sold by
Schrantz Scott M and Gavigan Rebecca L
Bought by
Gerber Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,890
Outstanding Balance
$390,545
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$297,116

Purchase Details

Closed on
Sep 15, 2014
Sold by
Maness Thomas Lee
Bought by
Schrantz Scott M and Gavigan Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,510
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2004
Sold by
Peedin Family Homes Inc
Bought by
Maness Thomas Lee and Maness Anne Estes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
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
Schechtman Mitchell $440,000 None Available
Gerber Richard L $427,500 None Available
Schrantz Scott M $385,000 None Available
Maness Thomas Lee $337,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schechtman Mitchell $439,890
Previous Owner Gerber Richard L $342,000
Previous Owner Schrantz Scott M $285,510
Previous Owner Maness Thomas Lee $115,000
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 $3,700 $575,405 $100,000 $475,405
2024 $3,593 $575,405 $100,000 $475,405
2023 $3,110 $396,320 $70,000 $326,320
2022 $2,882 $396,320 $70,000 $326,320
2021 $2,805 $396,320 $70,000 $326,320
2020 $2,759 $396,320 $70,000 $326,320
2019 $3,288 $400,166 $68,000 $332,166
2018 $0 $400,166 $68,000 $332,166
2017 $0 $400,166 $68,000 $332,166
2016 $0 $400,166 $68,000 $332,166
2015 -- $446,249 $80,000 $366,249
2014 -- $446,249 $80,000 $366,249
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

8444 Covington Ridge Rd, Wake Forest, NC

This home is located at 8444 Covington Ridge Rd, Wake Forest, NC 27587 and is currently estimated at $687,661, approximately $199 per square foot. 8444 Covington Ridge Rd 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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