NOT LISTED FOR SALE

8605 Ormand Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $629,000 - $706,000

4 Beds
4 Baths
2,874 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 8605 Ormand Way, Wake Forest, NC 27587 and is currently estimated at $677,362, approximately $235 per square foot. 8605 Ormand Way 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
Apr 15, 2011
Sold by
Watt Ron M
Bought by
Sherman James T and Sherman Christine
Current Estimated Value
$677,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Eddie Wilson Custom Homes Inc
Bought by
Watt Ron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Sherman James T $365,000 None Available
Watt Ron M $334,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman James T $200,000
Previous Owner Watt Ron M $267,200
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 $3,855 $599,641 $130,000 $469,641
2024 $3,744 $599,641 $130,000 $469,641
2023 $3,003 $382,538 $95,000 $287,538
2022 $2,783 $382,538 $95,000 $287,538
2021 $2,708 $382,538 $95,000 $287,538
2020 $2,663 $382,538 $95,000 $287,538
2019 $2,910 $353,823 $65,000 $288,823
2018 $2,675 $353,823 $65,000 $288,823
2017 $2,536 $353,823 $65,000 $288,823
2016 $2,484 $353,823 $65,000 $288,823
2015 $2,699 $385,772 $70,000 $315,772
2014 -- $385,772 $70,000 $315,772
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

8605 Ormand Way, Wake Forest, NC

This home is located at 8605 Ormand Way, Wake Forest, NC 27587 and is currently estimated at $677,362, approximately $235 per square foot. 8605 Ormand Way is a home located in Wake County with nearby schools including North Forest Pines Elementary School, Wakefield Middle, and Wakefield High School.

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