2016 Falls Forest Dr Raleigh, NC 27615
Falls Lake Neighborhood
4
Beds
4.5
Baths
4,306
Sq Ft
0.72
Acres
Highlights
- New Construction
- Craftsman Architecture
- Wood Flooring
- West Millbrook Middle School Rated A-
- Family Room with Fireplace
- Main Floor Primary Bedroom
About This Home
As of June 2025Gorgeous Home Built by award winning Raleigh Custom Homes. Beautiful Open fl plan, w/extensive hardwood & trim throughout. Gourmet Kit w/Marble counter tops, Luxury SS Appliances including Built-In Ref, 48" Gas Range, Professional Hood, Designer lighting. Large Island, Huge Breakfast Nook & Kit opens to Family Rm w/wood beam accents, built-ins, & FP. 1st Fl Owners Suite & 1st Fl Guess Rm/Study. Game Rm w/Vaulted ceiling & wet bar. Jr Study w/desk. Lg Covered Porch w/Built-In Grill & FP. Fenced Yard.
Last Agent to Sell the Property
Raleigh Custom Realty, LLC License #252994 Listed on: 04/20/2021
Last Buyer's Agent
Angie Cole
A Cole Realty LLC License #254201
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,415
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.72 Acre Lot
- Fenced Yard
- Landscaped
HOA Fees
- $150 Monthly HOA Fees
Parking
- 3 Car Garage
- Front Facing Garage
- Side Facing Garage
- Private Driveway
Home Design
- Craftsman Architecture
- Transitional Architecture
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 4,306 Sq Ft Home
- 1.5-Story Property
- Wet Bar
- High Ceiling
- Insulated Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Utility Room
- Laundry on main level
- Crawl Space
- Pull Down Stairs to Attic
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Convection Oven
- Gas Range
- Microwave
- Plumbed For Ice Maker
- 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 Fireplace
- Outdoor Gas Grill
- Rain Gutters
Schools
- North Ridge Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Septic Tank
- Cable TV Available
Community Details
- Fall Preserve HOA
- Built by Raleigh Custom Homes Inc
- Falls Preserve Subdivision
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
14.59%
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
3.17%
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
-
Bianca Palmer
B
Seller's Agent in 2025
Bianca Palmer
Relevate Real Estate Inc.
(919) 244-3807
1 in this area
33 Total Sales
-
Moria Swartz
Seller Co-Listing Agent in 2025
Moria Swartz
Relevate Real Estate Inc.
(315) 775-4531
1 in this area
16 Total Sales
-
Dana Ellington
Buyer's Agent in 2025
Dana Ellington
Compass -- Raleigh
(919) 622-5051
32 in this area
396 Total Sales
-
Timothy Thompson
Seller's Agent in 2021
Timothy Thompson
Raleigh Custom Realty, LLC
(919) 395-1529
7 in this area
68 Total Sales
-
A
Buyer's Agent in 2021
Angie Cole
A Cole Realty LLC
Map
Source: Doorify MLS
MLS Number: 2378876
APN: 1718.02-75-5675-000
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