NOT LISTED FOR SALE

10809 Falls of Neuse Rd Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $201,000 - $336,919

2 Beds
1 Bath
884 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $200,000 $226 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,450/month

44 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Fireplace
  • Brassfield Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of May 2024

Take a look into this one of a kind property located in North Raleigh on .87 acres right off Falls of Neuse Rd! This 2 bed 1 bath home would make a great renovation project, investment property or even a great lot for a new construction build. This home can also be sold as a package deal with the neighboring home/lot located at 10813 Falls of Neuse Rd Raleigh NC 27614

Last Agent to Sell the Property

Andrew Suriano

ASA Properties NC, LLC License #316431 Listed on: 04/07/2024

Last Buyer's Agent

Donna Kline

eXp Realty, LLC - C License #220563

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1935

Lot Details

  • 0.87 Acre Lot
  • Property is zoned R80W

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Brick Foundation
  • Combination Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • 3 Open Parking Spaces

Schools

  • Brassfield Elementary School
  • East Millbrook Middle School
  • Millbrook High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1729005124

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 884.0
  • Architectural Style: Bungalow, Cape Cod
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Primary Bedroom Level: First
  • Flooring Wood: Yes
  • Architectural Style Bungalow: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 884.0
  • General Property Information Lot Size Square Feet2: 37897.2
  • General Property Information Lot Size Acres: 0.87
  • Foundation Details Combination: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Shingle
  • Acres: 0.87
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block, Brick/Mortar, Combination
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - East Millbrook

Lot Info

  • Zoning: R80W
  • Lot Size Sq Ft: 37897.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 1729005124
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 938.13
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Brassfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2024
Closed on
May 30, 2024
Sold by
Tabi Llc
Bought by
Starcon Properties Llc
Seller's Agent
Andrew Suriano
ASA Properties NC, LLC
Buyer's Agent
Donna Kline
eXp Realty, LLC - C
List Price
$325,000
Sold Price
$200,000
Premium/Discount to List
-$125,000
-38.46%
Total Days on Market
44
Views
137
Current Estimated Value
$243,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,480
Avg. Annual Appreciation
21.04%

Purchase Details

Closed on
Oct 15, 2021
Sold by
Woodlief Joyce D and Woodlief Douglas E
Bought by
Tabi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.3%

Purchase Details

Closed on
Dec 5, 2005
Sold by
Woodlief Joyce D and Woodlief Douglas E
Bought by
Woodlief Douglas E and Woodlief Joyce D
Source: Public Records

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Range of Values:

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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
Starcon Properties Llc $600,000 None Listed On Document
Tabi Llc $300,000 None Available
Woodlief Douglas E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabi Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $200,000 -38.5% $226 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $325,000 0.0% $368 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
04/07/2024 04/07/24 For Sale $325,000 -- $368 / Sq Ft
Source: Doorify MLS

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
2024 $1,064 $168,044 $101,750 $66,294
2023 $920 $115,396 $71,500 $43,896
2022 $853 $115,396 $71,500 $43,896
2021 $831 $115,396 $71,500 $43,896
2020 $817 $115,396 $71,500 $43,896
2019 $885 $105,947 $72,000 $33,947
2018 $815 $105,947 $72,000 $33,947
2017 $773 $105,947 $72,000 $33,947
2016 $758 $105,947 $72,000 $33,947
2015 -- $132,686 $91,500 $41,186
2014 $893 $132,686 $91,500 $41,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10021578

Doorify MLS

APN: 1729.03-00-5124-000