NOT LISTED FOR SALE

8817 Ormand Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $656,000 - $759,000

3 Beds
3 Baths
2,650 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 8817 Ormand Way, Wake Forest, NC 27587 and is currently estimated at $722,097, approximately $272 per square foot. 8817 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
May 20, 2022
Sold by
Trace Eric M and Trace Ann L
Bought by
Trace Revocable Trust
Current Estimated Value
$722,097

Purchase Details

Closed on
Jul 7, 2015
Sold by
Trace Eric M and Trace Ann L
Bought by
Trace Eric M and Trace Ann L

Purchase Details

Closed on
Mar 22, 2013
Sold by
Westlake Townhome Partners Llc
Bought by
Capitol City Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End 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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Trace Revocable Trust -- None Listed On Document
Trace Eric M -- Attorney
Capitol City Homes Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capitol City Homes Llc $292,500
Previous Owner Capitol City Homes Llc $45,000
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 $4,247 $660,907 $130,000 $530,907
2024 $4,124 $660,907 $130,000 $530,907
2023 $3,186 $406,109 $95,000 $311,109
2022 $2,953 $406,109 $95,000 $311,109
2021 $2,874 $406,109 $95,000 $311,109
2020 $2,826 $406,109 $95,000 $311,109
2019 $3,282 $399,373 $65,000 $334,373
2018 $3,017 $399,373 $65,000 $334,373
2017 $2,860 $399,373 $65,000 $334,373
2016 $2,802 $348,526 $65,000 $283,526
2015 $2,485 $70,000 $70,000 $0
2014 $461 $70,000 $70,000 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

8817 Ormand Way, Wake Forest, NC

This home is located at 8817 Ormand Way, Wake Forest, NC 27587 and is currently estimated at $722,097, approximately $272 per square foot. 8817 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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