NOT LISTED FOR SALE

905 Lumbermill Point Wake Forest, NC 27587

Falls Lake Neighborhood

Estimated Value: $484,000 - $518,000

4 Beds
3 Baths
2,504 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 905 Lumbermill Point, Wake Forest, NC 27587 and is currently estimated at $503,317, approximately $201 per square foot. 905 Lumbermill Point is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2000
Sold by
St Lawrence Homes Inc
Bought by
Phillips Michael P and Phillips Jill L
Current Estimated Value
$503,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$75,756
Interest Rate
7.79%
Estimated Equity
$427,561
Source: Public Records

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
Phillips Michael P $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Michael P $204,250
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 $4,651 $481,308 $100,000 $381,308
2024 $4,634 $481,308 $100,000 $381,308
2023 $3,789 $324,370 $50,000 $274,370
2022 $3,635 $324,370 $50,000 $274,370
2021 $3,572 $324,370 $50,000 $274,370
2020 $3,572 $324,370 $50,000 $274,370
2019 $3,297 $264,104 $50,000 $214,104
2018 $3,122 $264,104 $50,000 $214,104
2017 $3,018 $264,104 $50,000 $214,104
2016 $2,979 $264,104 $50,000 $214,104
2015 $3,108 $272,157 $48,000 $224,157
2014 $3,008 $272,157 $48,000 $224,157
Source: Public Records

Map

North Carolina Wake County Wake Forest 27587 Falls Lake

905 Lumbermill Point, Wake Forest, NC

This home is located at 905 Lumbermill Point, Wake Forest, NC 27587 and is currently estimated at $503,317, approximately $201 per square foot. 905 Lumbermill Point is a home located in Wake County with nearby schools including Forest Pines Drive Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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