NOT LISTED FOR SALE

8824 Ormand Way Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $803,000 - $898,173

5 Beds
4 Baths
3,698 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 8824 Ormand Way, Wake Forest, NC 27587 and is currently estimated at $861,543, approximately $232 per square foot. 8824 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
Jul 29, 2019
Sold by
Stevens Lance and Stevens Karen
Bought by
Boone William R and Boone Alywon A
Current Estimated Value
$861,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,750
Outstanding Balance
$404,358
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$457,185

Purchase Details

Closed on
Jul 6, 2017
Sold by
Stone Financing Llc
Bought by
Stevens Lance and Stevens Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Gonsalves Juan V and Russell Gonsalves Kelly D
Bought by
Stone Financing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2014
Sold by
Capitol City Homes Llc
Bought by
Gonsalves Juan and Russell Gonsalves Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.44%
Mortgage Type
New Conventional

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
$315,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End 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
Boone William R $485,000 None Available
Stevens Lance $465,000 None Available
Stone Financing Llc $465,000 None Available
Gonsalves Juan $440,000 None Available
Capitol City Homes Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone William R $460,750
Previous Owner Stevens Lance $272,000
Previous Owner Gonsalves Juan $352,000
Previous Owner Capitol City Homes Llc $315,000
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 $5,088 $792,357 $156,000 $636,357
2024 $4,941 $792,357 $156,000 $636,357
2023 $3,853 $491,583 $114,000 $377,583
2022 $3,548 $488,560 $114,000 $374,560
2021 $3,453 $488,560 $114,000 $374,560
2020 $3,396 $488,560 $114,000 $374,560
2019 $3,624 $441,274 $65,000 $376,274
2018 $0 $441,274 $65,000 $376,274
2017 $0 $441,274 $65,000 $376,274
2016 $3,093 $441,274 $65,000 $376,274
2015 $3,239 $463,566 $70,000 $393,566
2014 $2,014 $70,000 $70,000 $0
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

8824 Ormand Way, Wake Forest, NC

This home is located at 8824 Ormand Way, Wake Forest, NC 27587 and is currently estimated at $861,543, approximately $232 per square foot. 8824 Ormand Way 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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