$185,000

5602 Falls of Neuse Rd Unit A Raleigh, NC 27609

North Ridge Neighborhood

Estimated payment $1,348/month

Total Views 118
2 Beds
2 Baths
982 Sq Ft
$188 Price per Sq Ft

Highlights

  • Filtered Pool
  • Open Floorplan
  • Deck
  • Millbrook High School Rated A-
  • Clubhouse
  • Property is near public transit

About This Home

First floor condo in central Raleigh located on bus route and close access to 440/540. Two bedrooms, two full bathrooms with open living room & dining room. Trash, water, sewer, community pool, club house and play area all included in HOA fee! New heat pump 2024, tiled floor bathrooms, oak laminate flooring in liv room, din room, hallway & kitchen. Relax on the newly floored back deck overlooking grass area. Small storage room off deck, Reserved parking space and guest parking next to building. Refrigerator, stove, washer, dryer, dishwasher included. Freshly painted, Move in ready.

Listing Agent

Eric Olson

Olson Realty Group License #150707 Listed on: 11/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Property fronts a state road
  • No Common Walls
  • End Unit
  • No Units Located Below
  • Southwest Facing Home
  • Private Entrance
  • Level Lot
  • Cleared Lot
  • Few Trees
  • Grass Covered Lot
  • Back Yard

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 982 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in Hall
  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • Private Parking
  • Paved Parking
  • Guest Parking
  • Additional Parking
  • 1 Open Parking Space
  • Parking Lot
  • Outside Parking
  • Off-Street Parking

Pool

  • Filtered Pool
  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool
  • Pool Cover

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Millbrook Elementary School
  • East Millbrook Middle School
  • Millbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property is near public transit
  • Grass Field

Listing and Financial Details

  • Assessor Parcel Number Unit A

Community Details

Overview

  • Association fees include insurance, ground maintenance, road maintenance, sewer, special assessments, trash, water
  • Cas Inc. Association, Phone Number (919) 367-7711
  • The Falls Condominiums Subdivision
  • Maintained Community
  • Community Parking

Amenities

  • Trash Chute
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street, State Road, See Remarks
  • Road Surface Type: Asphalt, Paved
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Road Maintenance, Sewer, Special Assessments, Trash, Water
  • Subdivision Name: The Falls Condominiums
  • Above Grade Finished Sq Ft: 982.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 6.0
  • General Property Information Total Unfinished Area2: 6.0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-367-7711
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • Laundry Features In Hall: Yes
  • Pool Features In Ground: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 243.65
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • Common Walls No One Below: Yes
  • Pool Features Private4: Yes
  • General Property Information Above Grade Finished Area: 982.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 2
  • Room Types Primary Bathroom Level: Main
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • View Neighborhood4: Yes
  • Common Walls No Common Walls: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Vegetation Grassed: Yes
  • Road Frontage Type State Road: Yes
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • Pool Features Fenced2: Yes
  • Pool Features Pool Cover: Yes
  • Pool Features Filtered: Yes
  • Structure Type Quadruplex: Yes
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 982.0
  • General Property Information Waterfront YN: No
  • General Property Information Direction Faces: Southwest
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Laminate Counters, Living/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Storage, Walk-In Shower, Water Closet, See Remarks
  • Private Spa: No
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Entry Location: Covered
  • Main Level Bedrooms: 2
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances Range: Yes
  • Appliances:Electric Oven: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Curbs: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Park2: Yes
  • Pool Features:Community: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:See Remarks10: Yes

Exterior Features

  • Roof: Shingle, See Remarks
  • Exterior Features: Lighting, Private Entrance, Storage
  • Fencing: None
  • Waterfront: No
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: End Unit, No Common Walls, No One Below
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: Southwest
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Window Features:Blinds: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Near Public Transit: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Back Yard2: Yes
  • Window Features:Screens: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes
  • Window Features:Double Pane Windows: Yes
  • Door Features:Sliding Doors: Yes
  • Lot Features:Gentle Sloping: Yes
  • Exterior Features:Private Entrance: Yes
  • Pool Features:Outdoor Pool: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt, Guest, Off Street, On Site, Outside, Parking Lot, Paved, Private
  • Total Parking Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Outside3: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Private3: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Curbs, Park, Playground, Pool, Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 243.65
  • Association Fee Frequency: Monthly
  • Association Name: CAS Inc.
  • Phone: 919-367-7711
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS Inc.
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Fee Includes:Sewer: Yes
  • Horse Amenities:None11: Yes
  • Association Amenities:Insurance: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • Pool Features:Association: Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Water: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 243.65
  • Association Amenities:Maintenance: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Horse Amenities: None
  • Parcel #: Unit A

Tax Info

  • Tax Annual Amount: 1548.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Millbrook

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,549 $175,283 -- $175,283
2024 $1,542 $175,283 $0 $175,283
2023 $1,049 $94,409 $0 $94,409
2022 $976 $94,409 $0 $94,409
2021 $939 $94,409 $0 $94,409
2020 $922 $94,409 $0 $94,409
2019 $797 $67,068 $0 $67,068
2018 $753 $67,068 $0 $67,068
2017 $718 $67,068 $0 $67,068
2016 $703 $67,068 $0 $67,068
2015 $724 $67,955 $0 $67,955
2014 $687 $67,955 $0 $67,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 For Sale $185,000 -- $188 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Warranty Deed $160,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $41,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Closed $160,000 New Conventional
Source: Public Records

Source: Doorify MLS

MLS Number: 10133751

Doorify MLS

APN: 1716.06-38-4447-063