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1505 Falls Church Road

1505 Falls Church Road, Raleigh, NC 27609
Sold Dec 21, 2020
$290,000
$232,000 by Movement Mortgage
Mortgage Due Jan 01, 2051
Sold Oct 24, 1986
$101,000
1505 Falls Church Road has been categorized by the local assessors in Raleigh, NC as a residential type of property. The building on the property was first built in 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 1985. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1505 Falls Church Road has 1,733 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The building has a gable style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Dec 21, 2020 for $290,000. That's $167.34 per sqft. Prior to that sales transaction, the property was also sold in Oct 24, 1986 for $101,000. 1505 Falls Church Road was last assessed in 2022. The total value of the property was assessed at $299,508. Specifically, the land the property is located on was valued at $125,000. While improvements on the property were assessed at a total of $174,508. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,053. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1985
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,733
  • Building Area: 1,733
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,733
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FALLS CHURCH
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO61 FALLS CHURCH SE3

Ownership

  • Current Owner : PHANTAM VICTORIA I
  • Previous Owner : LANGLEY OTELLA
  • Previous Owner 2: ESTATE OF DAVID EUGENE STADLER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054004

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0024010
  • District: 13
  • Section: 3
  • Parcel: 1716.06-49-5445 0024010
  • Lot: 61
  • Municipality: NEUSE
  • Latitude: 35.8635
  • Longitude: -78.6134

    Address

  • Full Address: 1505 Falls Church Rd
  • Address - House Number: 1505
  • Address - Street Name: Falls Church
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C055
  • 4-Digit Zip Code: 4017
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,053

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 506,414
  • High Value: 569,098
  • Low Value: 443,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $232,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $299,508
  • Market Land Value: $125,000
  • Market Improvement Value: $174,508

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $299,508
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $174,508

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11827342635
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 24, 1986
  • Previous Sale Contract Date: Oct 24, 1986
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About North Raleigh



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Frequently Asked Questions

What neighborhood is 1505 Falls Church Road located in?
The 1505 Falls Church Road is a house located in the neighborhood of Falls Church in North Raleigh, Raleigh.
What is the average sales price for listings in 1505 Falls Church Road?
The average sales price for units in 1505 Falls Church Road is $299,000 currently.

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