$116,500
SOLD OCT 3, 2025

5612 Falls of Neuse Rd Unit D Raleigh, NC 27609

2 Beds
2 Baths
940 Sq Ft
1972 Built

Recently Sold

$124 Per Sq Ft

31% Below List Price

60 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Brick Veneer
  • Millbrook High School Rated A-
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of October 2025

Check out this lovely condo in Raleigh, NC. Lots of potential here! Perfect for first time home buyer or investors. HOA includes a pool and clubhouse. Check it out for yourself!

Last Agent to Sell the Property

Denise Bennett

Fathom Realty NC, LLC License #300035 Listed on: 07/08/2025

Fathom Realty NC, LLC

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1972

Lot Details

  • 1 Common Wall

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1716384447

Community Details

Overview

  • Association fees include unknown
  • Cas Association, Phone Number (910) 295-3791
  • The Falls Condominiums Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,156

Year Built

Built in 1972

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: The Falls Condominiums
  • Above Grade Finished Sq Ft: 940.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 9102953791
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 206.25
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 940.0
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Electric Cooktop, ENERGY STAR Qualified Water Heater, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Oven: Yes
  • Community Features:Clubhouse2: Yes
  • Appliances:ENERGY STAR Qualified Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 1.0
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool
  • Senior Community: No
  • Association Fee: 206.25
  • Association Fee Frequency: Monthly
  • Association Name: CAS
  • Phone: 910-295-3791
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 206.25
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Parcel #: 1716384447

Tax Info

  • Tax Annual Amount: 1156.19
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Westbrook Carl and Westbrook Daisy
Bought by
Malek Mahnaz Nazi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Outstanding Balance
$101,034
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$86,766

Purchase Details

Closed on
Mar 18, 2020
Sold by
Substitute Trustee Services Inc
Bought by
Westbrook Carl

Purchase Details

Closed on
Sep 15, 2003
Sold by
Mueller Anna
Bought by
Anderson Rita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $132,000 None Available
Warranty Deed $132,000 None Listed On Document
Trustee Deed $80,406 None Available
Deed $80,500 None Listed On Document
Warranty Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,850 New Conventional
Closed $113,850 New Conventional
Previous Owner $68,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Sold $116,500 -24.8% $124 / Sq Ft
09/06/2025 09/06/25 Pending -- -- --
07/29/2025 07/29/25 Price Changed $155,000 -8.8% $165 / Sq Ft
07/08/2025 07/08/25 For Sale $169,995 -- $181 / Sq Ft
Source: Doorify MLS

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 $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

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10107576

Doorify MLS

APN: 1716.06-38-4447-070