NOT LISTED FOR SALE

1220 Falls Bridge Dr Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,610,000 - $1,786,000

4 Beds
7 Baths
7,569 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 1220 Falls Bridge Dr, Raleigh, NC 27614 and is currently estimated at $1,682,782, approximately $222 per square foot. 1220 Falls Bridge Dr is a home located in Wake County with nearby schools including Brassfield Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Lathram William A and Lathram Lisa L
Bought by
Stavlas Mihali R and Stavlas Laura Marie
Current Estimated Value
$1,682,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,575
Outstanding Balance
$273,890
Interest Rate
2.91%
Mortgage Type
New Conventional
Estimated Equity
$1,408,892

Purchase Details

Closed on
Feb 26, 2016
Sold by
Wells Charles Edward and Wells Julia Morgan
Bought by
Lathram William A and Lathram Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2002
Sold by
Youngquist Homes Inc
Bought by
Wells Charles Edward and Wells Julia Morgan
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
Stavlas Mihali R $1,025,000 None Available
Lathram William A $916,000 None Available
Wells Charles Edward $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stavlas Mihali R $308,575
Closed Stavlas Mihali R $308,575
Open Stavlas Mihali R $510,400
Previous Owner Lathram William A $60,000
Previous Owner Lathram William A $641,000
Previous Owner Wells Charles E $203,000
Previous Owner Wells Julia Morgan $250,000
Previous Owner Wells Charles E $375,000
Previous Owner Wells Charles E $592,400
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 $8,728 $1,361,546 $250,000 $1,111,546
2024 $8,475 $1,361,546 $250,000 $1,111,546
2023 $7,368 $942,430 $160,000 $782,430
2022 $6,333 $874,079 $160,000 $714,079
2021 $6,162 $874,079 $160,000 $714,079
2020 $6,060 $874,079 $160,000 $714,079
2019 $8,506 $1,039,014 $160,000 $879,014
2018 $7,817 $1,039,014 $160,000 $879,014
2017 $6,607 $1,039,014 $160,000 $879,014
2016 -- $1,039,014 $160,000 $879,014
2015 $6,912 $992,359 $174,000 $818,359
2014 $6,550 $992,359 $174,000 $818,359
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

1220 Falls Bridge Dr, Raleigh, NC

This home is located at 1220 Falls Bridge Dr, Raleigh, NC 27614 and is currently estimated at $1,682,782, approximately $222 per square foot. 1220 Falls Bridge Dr is a home located in Wake County with nearby schools including Brassfield Elementary School, West Millbrook Middle School, and Millbrook 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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