NOT LISTED FOR SALE

1512 Falls River Ave Unit 242 Raleigh, NC 27614

Falls River Neighborhood

Estimated Value: $646,000 - $666,000

-- Bed
3 Baths
2,744 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1512 Falls River Ave Unit 242, Raleigh, NC 27614 and is currently estimated at $654,062, approximately $238 per square foot. 1512 Falls River Ave Unit 242 is a home located in Wake County with nearby schools including Abbotts Creek Elementary School, East Millbrook Middle, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Berkebile James Dennis and Berkebile Robin Lynne
Bought by
Palanisamy Mohanraj and Palanisamy Usharani Mohanraj
Current Estimated Value
$654,062

Purchase Details

Closed on
Jun 30, 1997
Bought by
Farris David L and Farris Margaret L
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

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

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
Palanisamy Mohanraj $615,000 None Listed On Document
Mohanraj Palanisamy $615,000 None Listed On Document
Farris David L $240,000 --
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 $5,435 $620,934 $135,000 $485,934
2024 $5,361 $615,019 $135,000 $480,019
2023 $4,195 $382,993 $91,000 $291,993
2022 $3,898 $382,993 $91,000 $291,993
2021 $3,747 $382,993 $91,000 $291,993
2020 $3,678 $382,993 $91,000 $291,993
2019 $3,893 $334,209 $86,000 $248,209
2018 $3,672 $334,209 $86,000 $248,209
2017 $3,497 $334,209 $86,000 $248,209
2016 $3,425 $334,209 $86,000 $248,209
2015 $3,509 $336,925 $86,000 $250,925
2014 $3,328 $336,925 $86,000 $250,925
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls River

1512 Falls River Ave Unit 242, Raleigh, NC

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