NOT LISTED FOR SALE

5804 Falls of Neuse Rd Unit F Raleigh, NC 27609

North Ridge Neighborhood

Estimated Value: $174,000 - $241,000

2 Beds
2 Baths
1,010 Sq Ft
$220/mo HOA Fee

Last Sold February 14, 2023

Last sale price $205,000 $203 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,428/month

53 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Cooling Available
  • Millbrook High School Rated A-
  • Community Pool
  • Living Room

About This Home

As of February 2023

THE FALLS CONDOMINIUMS! OFFERING 1ST FLOOR END UNIT 2 BEDS, 2 BATHS, JUST FULLY RENOVATED, FRESHLY PAINTED, NEW GRANITE COUNTERTOPS, NEW WATERPROOF VINYL FLOORING, NEW HOT WATER HEATER, ONE YEAR OLD FURNANCE, AND COMMUNITY POOL, WITH ASSIGNED PARKING SPACES. IN PRIME RALEIGH LOCATION CLOSE TO SHOPPING, DOWNTOWN, RTP, I-540, I-440 AND MORE!

Last Agent to Sell the Property

Nikecia Peterson

Peterson Real Estate Propertie License #307723 Listed on: 11/16/2022

Last Buyer's Agent

Tim O'Brien

O'Brien & Associates Realty, I License #215669

O'Brien & Associates Realty, I

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Front Facing Garage
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, trash
  • Cas Inc. Association, Phone Number (919) 788-9911
  • The Falls Condominiums Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
  • 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
  • Levels One: Yes
  • Structure Type Site Built: 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
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-788-9911
  • General Property Information Above Grade Finished Area: 1010.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1010.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 1st Floor
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Home Warranty: Yes
  • Construction Type: Brick
  • 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
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 220.21
  • Association Fee Frequency: Monthly
  • Association Name: CAS INC.
  • Phone: 919-788-9911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS INC.
  • 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: 220.21
  • 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: 108370.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Millbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Feb 14, 2023
Sold by
Mangum Lula P
Bought by
Keith Rafik A
Seller's Agent
Nikecia Peterson
Peterson Real Estate Propertie
Buyer's Agent
Tim O'Brien
O'Brien & Associates Realty, I
List Price
$230,000
Sold Price
$205,000
Premium/Discount to List
-$25,000
-10.87%
Views
102
Current Estimated Value
$201,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,394
Avg. Annual Appreciation
-0.58%
Original Mortgage
$207,000
Outstanding Balance
$200,255
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,351

Purchase Details

Closed on
Nov 1, 1981
Bought by
Mangum Lula P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keith Rafik A $205,000 --
Keith Rafik A $205,000 None Listed On Document
Mangum Lula P $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Rafik A $207,000
Closed Keith Rafik A $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $205,000 -- --
02/14/2023 02/14/23 Sold $205,000 -1.9% $203 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $209,000 -5.0% $207 / Sq Ft
12/14/2022 12/14/22 Price Changed $219,990 -4.4% $218 / Sq Ft
11/15/2022 11/15/22 For Sale $230,000 -- $228 / 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 $1,781 $201,888 -- $201,888
2024 $1,773 $201,888 $0 $201,888
2023 $1,165 $105,057 $0 $105,057
2022 $1,084 $105,057 $0 $105,057
2021 $1,042 $105,057 $0 $105,057
2020 $1,024 $105,057 $0 $105,057
2019 $669 $73,230 $0 $73,230
2018 $820 $73,230 $0 $73,230
2017 $782 $73,230 $0 $73,230
2016 $766 $73,230 $0 $73,230
2015 $794 $74,708 $0 $74,708
2014 $753 $74,708 $0 $74,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2483774

Doorify MLS

APN: 1716.06-38-4447-024