NOT LISTED FOR SALE

1512 Falls River Ave Raleigh, NC 27614

Falls River Neighborhood

Estimated Value: $589,000 - $638,000

5 Beds
2.5 Baths
2,753 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $615,000 $223 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,728/month

5 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Vaulted Ceiling
  • Abbotts Creek Elementary School Rated A
  • Wooded Lot
  • 1-minute walk to Dunberry Park

About This Home

As of November 2023

Welcome to this stunning 5-bedroom home in a sought-after neighborhood! This well-maintained gem offers the flexibility of a 5th bedroom or a bonus space, making it perfect for your family's needs. One of the standout features of this home is the abundance of natural light that flows through every room, creating a warm and inviting atmosphere. And for your convenience, it features a tankless water heater, ensuring you have a continuous supply of hot water. Situated on a great corner lot, you'll enjoy your very own backyard oasis with an oversized deck and beautiful natural surroundings. It's an ideal place to unwind and entertain. The property also comes with an oversized 2-car garage and an upper loft area, providing ample space for storage or perhaps even a workshop. But that's not all! This home boasts an amazing 3rd-floor attic space that could easily be finished and turned into even more living space. Imagine the possibilities! Don't miss out on this fantastic opportunity – it's a true gem!

Last Agent to Sell the Property

LaQuesta Bryant

DIVINE FOG REALTY COMPANY RALE License #301534 Listed on: 10/17/2023

Last Buyer's Agent

Marti Hampton

EXP Realty LLC License #132302

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,193

Year Built

  • Built in 1997

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 99 x 16 x 16 x 73 x 120 x 107
  • Landscaped
  • Corner Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Rear-Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Separate Shower

Attic

  • Attic Floors
  • Permanent Attic Stairs
  • Unfinished Attic

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Abbotts Creek Elementary School
  • East Millbrook Middle School
  • Millbrook High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Towne Properties Association
  • Falls River Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,193

Year Built

Built in 1997

Lot Details

0.27 Acres

HOA Fees

$28 per month

Parking

2

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Subdivision Name: Falls River
  • Above Grade Finished Sq Ft: 2753.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 644.0
  • General Property Information Total Unfinished Area2: 644.0
  • General Property Information Lot Size Dimensions: 99 X 16 X 16 X 73 X 120 X 107
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Attic Features Unfinished2: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 2753.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11761.2
  • General Property Information Lot Size Acres: 0.27
  • General Property Information:Living Area3: 2753.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Wood Burning
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Acres: 0.27
  • Construction Type: Masonite
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Parking Pad
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 335.0
  • Association Fee Frequency: Annually
  • Association Name: Towne Properties
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 335.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 99 X 16 X 16 X 73 X 120 X 107
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4193.0

MLS Schools

  • Elementary School: Wake - Abbotts Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 17, 2023
Sold by
Berkebile James Dennis and Berkebile Robin Lynne
Bought by
Palanisamy Mohanraj and Palanisamy Usharani Mohanraj
Seller's Agent
LaQuesta Bryant
DIVINE FOG REALTY COMPANY RALE
Buyer's Agent
Marti Hampton
EXP Realty LLC
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Views
19
Current Estimated Value
$624,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,091
Avg. Annual Appreciation
0.64%

Purchase Details

Closed on
Jun 30, 1997
Bought by
Farris David L and Farris Margaret L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $615,000 -- --
11/28/2023 11/28/23 Sold $615,000 -1.6% $223 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $625,000 -- $227 / Sq Ft
Source: Doorify MLS

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

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LaQuesta Bryant

    DIVINE FOG REALTY COMPANY RALE

  • Marti Hampton

    Buyer's Agent in 2023

    Marti Hampton

    EXP Realty LLC

    (919) 601-7710

    8 in this area

    1,289 Total Sales

    Marti Hampton
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2537611

Doorify MLS

APN: 1728.01-37-5282-000

North Carolina Wake County Raleigh 27614 Falls River

1512 Falls River Ave, Raleigh, NC

Not Listed for Sale

Detached

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.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.