NOT LISTED FOR SALE

1221 Falls Bridge Dr Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,068,000 - $1,636,000

5 Beds
6 Baths
6,007 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 1221 Falls Bridge Dr, Raleigh, NC 27614 and is currently estimated at $1,462,632, approximately $243 per square foot. 1221 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
Jun 9, 2005
Sold by
Miller Phillip C and Miller Thelma
Bought by
Petzold Matthew J and Petzold Stephanie
Current Estimated Value
$1,462,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 22, 2000
Sold by
S & W Properties Of Raleigh Llc
Bought by
Miller Philip C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

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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
Petzold Matthew J $1,120,000 --
Miller Philip C $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Petzold Matthew J $347,000
Closed Petzold Matthew J $417,000
Closed Petzold Matthew J $500,000
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
2024 $7,478 $1,201,040 $250,000 $951,040
2023 $7,456 $953,679 $160,000 $793,679
2022 $6,907 $953,679 $160,000 $793,679
2021 $6,722 $953,679 $160,000 $793,679
2020 $6,610 $953,679 $160,000 $793,679
2019 $9,491 $1,159,649 $160,000 $999,649
2018 $8,722 $1,159,649 $160,000 $999,649
2017 $8,265 $1,159,649 $160,000 $999,649
2016 $8,097 $1,159,649 $160,000 $999,649
2015 $8,688 $1,248,081 $156,600 $1,091,481
2014 -- $1,248,081 $156,600 $1,091,481
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

1221 Falls Bridge Dr, Raleigh, NC

This home is located at 1221 Falls Bridge Dr, Raleigh, NC 27614 and is currently estimated at $1,462,632, approximately $243 per square foot. 1221 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.

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