2016 Falls Forest Dr Raleigh, NC 27615
Falls Lake Neighborhood
4
Beds
4.5
Baths
4,306
Sq Ft
0.72
Acres
Highlights
- Craftsman Architecture
- Vaulted Ceiling
- Main Floor Primary Bedroom
- West Millbrook Middle School Rated A-
- Wood Flooring
- Game Room
About This Home
As of June 2025Come home to luxury with this stunning custom-built home featuring a three-car garage, nestled in a quiet cul-de-sac in North Raleigh's exclusive Falls Preserve community. Just minutes from premier shopping and local amenities, this home offers the perfect blend of elegance, comfort, and convenience. The open floor plan showcases rich hardwood floors and high-end finishes throughout. The gourmet kitchen is a true showpiece, with marble countertops, top-of-the-line stainless steel appliances, and sophisticated designer lighting flowing seamlessly into a spacious living area with wood beam accents and a striking fireplace. On the main level, you'll find a luxurious owner's suite and a flexible guest room or study to suit your needs. Upstairs, a vaulted game room with a wet bar sets the stage for stylish entertaining. Outside, a covered porch invites you to relax or host with ease, featuring a built-in grill and outdoor fireplace. The fully fenced yard offers privacy and room to enjoy the outdoors in peace.
Last Agent to Sell the Property
Relevate Real Estate Inc. License #327088 Listed on: 05/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,415
Year Built
- Built in 2021
Lot Details
- 0.72 Acre Lot
- Back Yard Fenced
- Landscaped
HOA Fees
- $167 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Private Driveway
- 2 Open Parking Spaces
Home Design
- Craftsman Architecture
- Transitional Architecture
- Brick Exterior Construction
- Shingle Roof
- Architectural Shingle Roof
Interior Spaces
- 4,306 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Entrance Foyer
- Living Room
- Dining Room
- Home Office
- Game Room
- Basement
- Crawl Space
- Pull Down Stairs to Attic
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Convection Oven
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Private Water Closet
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Covered patio or porch
- Outdoor Gas Grill
- Rain Gutters
Schools
- North Ridge Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Central Air
- Heat Pump System
- Tankless Water Heater
- Septic Tank
Community Details
- Association fees include ground maintenance
- Falls Preserve HOA, Phone Number (919) 996-9571
- Falls Preserve Subdivision
Listing and Financial Details
- Assessor Parcel Number 1718755675
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2025
Closed on
Jun 10, 2025
Sold by
Pribula David Todd
Bought by
Bardi Daniel and Bardi Elizabeth
Seller's Agent
Bianca Palmer
Relevate Real Estate Inc.
Buyer's Agent
Dana Ellington
Compass -- Raleigh
List Price
$1,600,000
Sold Price
$1,561,000
Premium/Discount to List
-$39,000
-2.44%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.30%
Original Mortgage
$1,240,800
Outstanding Balance
$1,239,475
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$362,439
Purchase Details
Closed on
Dec 16, 2022
Sold by
Pribula David Todd and Pribula Lynnette Ann
Bought by
Pribula David Todd
Purchase Details
Listed on
Apr 20, 2021
Closed on
May 6, 2021
Sold by
Raleigh Custom Homes Inc
Bought by
Pribula David Todd and Pribula Lynnette Ann
Seller's Agent
Timothy Thompson
Raleigh Custom Realty, LLC
Buyer's Agent
Angie Cole
A Cole Realty LLC
List Price
$1,399,900
Sold Price
$1,399,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Purchase Details
Closed on
Dec 27, 2019
Sold by
Umakanthan Jayadev Manikkam and Balachandran Karthika
Bought by
Raleigh Custom Homes Inc
Purchase Details
Closed on
Mar 19, 2019
Sold by
Sharifipour Soheila
Bought by
Umakanthan Jayadev Manikkam and Balachandran Karthik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 17, 2018
Sold by
Blue Heron Signature Homes Llc
Bought by
Sharifipour Soheila
Purchase Details
Closed on
Feb 3, 2017
Sold by
Woodybuilt Llc
Bought by
Terramor Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 17, 2012
Sold by
Falls Preserve Partners Llc
Bought by
Woodybuilt Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,286,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Raleigh, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,561,000 | None Listed On Document | |
| Warranty Deed | $1,561,000 | None Listed On Document | |
| Deed | -- | -- | |
| Warranty Deed | $1,400,000 | None Available | |
| Warranty Deed | $254,000 | None Available | |
| Warranty Deed | $240,000 | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Warranty Deed | $200,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,240,800 | New Conventional | |
| Closed | $1,240,800 | New Conventional | |
| Previous Owner | $791,250 | Construction | |
| Previous Owner | $140,000 | Commercial | |
| Previous Owner | $150,000 | Commercial | |
| Previous Owner | $1,286,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $1,561,000 | -2.4% | $363 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/10/2025 05/10/25 | For Sale | $1,600,000 | +14.3% | $372 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $1,399,900 | -- | -- |
| 05/06/2021 05/06/21 | Sold | $1,399,900 | 0.0% | $325 / Sq Ft |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- |
| 04/20/2021 04/20/21 | For Sale | $1,399,900 | -- | $325 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $9,415 | $1,512,922 | $260,000 | $1,252,922 |
| 2023 | $7,984 | $1,021,460 | $240,000 | $781,460 |
| 2022 | $7,397 | $1,021,460 | $240,000 | $781,460 |
| 2021 | $4,981 | $1,021,460 | $240,000 | $781,460 |
| 2020 | $6,345 | $240,000 | $240,000 | $0 |
| 2019 | $1,045 | $128,000 | $128,000 | $0 |
| 2018 | $0 | $128,000 | $128,000 | $0 |
| 2017 | $910 | $128,000 | $128,000 | $0 |
| 2016 | $892 | $128,000 | $128,000 | $0 |
| 2015 | $1,278 | $184,000 | $184,000 | $0 |
| 2014 | $1,211 | $184,000 | $184,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Bianca Palmer
Relevate Real Estate Inc.
(919) 244-3807
1 in this area
33 Total Sales
-
Seller Co-Listing Agent in 2025
Moria Swartz
Relevate Real Estate Inc.
(315) 775-4531
1 in this area
15 Total Sales
-
Buyer's Agent in 2025
Dana Ellington
Compass -- Raleigh
(919) 622-5051
33 in this area
395 Total Sales
-
Seller's Agent in 2021
Timothy Thompson
Raleigh Custom Realty, LLC
(919) 395-1529
7 in this area
70 Total Sales
-
A
Buyer's Agent in 2021
Angie Cole
A Cole Realty LLC
Map
Source: Doorify MLS
MLS Number: 10095401
APN: 1718.02-75-5675-000
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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 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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