5800 Falls of Neuse Rd Unit B Raleigh, NC 27609
Estimated payment $1,014/month
Highlights
- Popular Property
- Clubhouse
- Community Pool
- Millbrook High School Rated A-
- Traditional Architecture
- Patio
About This Home
**Offer deadline is set for 5:00 p.m. 9/21/2025. ** This is an exciting opportunity for your next project. This first-floor, two-bedroom, two-bathroom condo with a pool view is ready to be transformed.
Located in a prime spot on Falls of Neuse Road, this condo already has newer appliances and an updated HVAC system. The interior is partially gutted, offering a blank canvas for your vision. This is a perfect opportunity for a handyman, investor, or flipper to create a rental property, a resale, or even a custom home.
Don't miss the chance to acquire a condo with incredible potential in a highly desirable area!
The Falls Homeowners' Association, Ltd is a 175 unit condominium association located in North Raleigh next to the Raleigh Racquet Club and close to Sutton Square. The community has a swimming pool, clubhouse, and playground.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,430
Year Built
- Built in 1972
HOA Fees
- $261 Monthly HOA Fees
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Fixer Upper
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- 954 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Dining Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Primary bathroom on main floor
Laundry
- Laundry Room
- Laundry in Hall
Home Security
Parking
- 2 Parking Spaces
- Additional Parking
- 1 Open Parking Space
- Assigned Parking
Schools
- Millbrook Elementary School
- East Millbrook Middle School
- Millbrook High School
Additional Features
- Patio
- Two or More Common Walls
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number Real Estate ID 0119772
Community Details
Overview
- Association fees include ground maintenance
- Cas Association, Phone Number (910) 367-7711
- The Falls Condominiums Subdivision
- Maintained Community
Amenities
- Clubhouse
Recreation
- Community Pool
Security
- Resident Manager or Management On Site
- Storm Doors
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,430 | $161,652 | -- | $161,652 |
| 2024 | $1,424 | $161,652 | $0 | $161,652 |
| 2023 | $951 | $85,372 | $0 | $85,372 |
| 2022 | $884 | $85,372 | $0 | $85,372 |
| 2021 | $851 | $85,372 | $0 | $85,372 |
| 2020 | $835 | $85,372 | $0 | $85,372 |
| 2019 | $820 | $69,011 | $0 | $69,011 |
| 2018 | $771 | $69,011 | $0 | $69,011 |
| 2017 | $738 | $69,011 | $0 | $69,011 |
| 2016 | $723 | $69,011 | $0 | $69,011 |
| 2015 | $744 | $69,931 | $0 | $69,931 |
| 2014 | $707 | $69,931 | $0 | $69,931 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $120,000 | -- | $126 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $79,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $63,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $56,700 | No Value Available |
Source: Doorify MLS
MLS Number: 10122437
APN: 1716.06-38-4447-012
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