NOT LISTED FOR SALE

5800 Falls of Neuse Rd Unit F Raleigh, NC 27609

Estimated Value: $176,000 - $263,000

2 Beds
2 Baths
1,010 Sq Ft
$209/mo HOA Fee

Last Sold September 08, 2022

Last sale price $200,000 $198 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,533/month

52 Days on Market

Highlights

  • Clubhouse
  • Deck
  • End Unit
  • Millbrook High School Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of September 2022

THE FALLS CONDOMINIUM! OFFERING 1ST FLOOR CONDO 2 BEDS, 2 BATHS, BATHROOMS REDONE IN THE LAST 2 YEARS, FRESHLY PAINTED, CARPET REPLACED 2 YEARS AGO, HOT WATER HEATER REPLACED 2 YEARS AGO, COMMUNITY POOL, ASSIGNED PARKING SPACES, AND MORE! CLOSE TO SHOPPING, DOWNTOWN, RTP, I-540, I-440 AND MORE!

Last Agent to Sell the Property

Alex Rivers

RE/MAX Performance License #246977 Listed on: 06/17/2022

Co-Listed By

Megan George

Aimee Anderson & Associates License #323802

Last Buyer's Agent

Julia Crowder

DASH Carolina License #327377

DASH Carolina

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $967

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $209 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Smart Lights or Controls

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

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

Parking

  • Garage
  • Front Facing Garage
  • Assigned Parking

Accessible Home Design

  • Accessible Doors

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash
  • Cas Iinc Association, Phone Number (919) 403-1400
  • The Falls Condominiums Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$967

Year Built

Built in 1972

Lot Details

0

HOA Fees

$209 per month

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • Co List Office Mls Id: 73124
  • Co List Office Phone: 919-653-4700
  • Subdivision Name: The Falls Condominiums
  • Above Grade Finished Sq Ft: 1010.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Above Grade Unfinished Area: 45.0
  • General Property Information Total Unfinished Area2: 45.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919.403.1400
  • Laundry Features Laundry Closet: Yes
  • Common Walls End Unit: Yes
  • Laundry Features In Hall: Yes
  • General Property Information Above Grade Finished Area: 1010.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Kitchen/Dining Room Combination, Primary Downstairs, Smart Light(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: 1st Floor
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Smart Light(s)2: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible Door(s): Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Door Features:Storm Door(s): Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Garage Faces Front
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 208.86
  • Association Fee Frequency: Monthly
  • Association Name: CAS Iinc
  • Phone: 919-403-1400
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS Iinc
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 208.86
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 967.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Millbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Sep 7, 2022
Sold by
Lynn Cooksey Cathy
Bought by
Niclsen Emily Christine
Seller's Agent
Alex Rivers
RE/MAX Performance
Buyer's Agent
Julia Crowder
DASH Carolina
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
$213,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,943
Avg. Annual Appreciation
1.15%
Original Mortgage
$8,000
Outstanding Balance
$7,694
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$198,786

Purchase Details

Closed on
Dec 3, 2018
Sold by
Betz Margaret B
Bought by
Cooksey Cathy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
4.75%

Purchase Details

Closed on
Oct 1, 1981
Bought by
Betz Margaret B
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 Buyer Sale Price Title Company
Niclsen Emily Christine $200,000 --
Cooksey Cathy Lynn -- None Available
Betz Margaret B $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Emily Christine $8,000
Open Niclsen Emily Christine $194,000
Previous Owner Betz Margaret $45,500
Previous Owner Betz Margaret B $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $200,000 -- --
09/08/2022 09/08/22 Sold $200,000 -6.9% $198 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $214,900 -4.4% $213 / Sq Ft
06/17/2022 06/17/22 For Sale $224,900 -- $223 / 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
2024 $1,580 $179,591 $0 $179,591
2023 $1,080 $97,261 $0 $97,261
2022 $1,005 $97,261 $0 $97,261
2021 $966 $97,261 $0 $97,261
2020 $949 $97,261 $0 $97,261
2019 $820 $69,011 $0 $69,011
2018 $774 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2456532

Doorify MLS

APN: 1716.06-38-4447-016