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3016 Falls River Avenue

3016 Falls River Avenue, Raleigh, NC 27614
Sold Jun 30, 2014
$475,000
$417,000 by Bank Of America Na
Mortgage Due Jul 01, 2044
Sold May 25, 2005
$434,000
$234,000 by Affiliated Mortgage Llc
Mortgage Due Jun 01, 2035
3016 Falls River Avenue in Raleigh, NC was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3016 Falls River Avenue has 3,493 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,454 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 506 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 30, 2014 for $475,000. That's $135.99 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2005 for $434,000. 3016 Falls River Avenue was last assessed in 2022. The total value of the property was assessed at $493,641. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $393,641. 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 $5,018. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,493
  • Building Area: 3,493
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,493
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD FALLS RIVER
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO372 BEDFORD @ FALLS RIVER P9 02-961-4

Ownership

  • Current Owner : BARWICK WILLIAM JAMES
  • Current Owner 2: BARWICK JILL ELIZABETH
  • Previous Owner : HAYWARD KEVIN C
  • Previous Owner 2: HAYWARD CHRISTINA W
  • Owner Before Previous Owner: WHG INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054013

Zoning

  • Zoning: PD

Geography

  • Account Number: 0312201
  • District: 13
  • Parcel: 1729.04-91-6262 0312201
  • Lot: 372
  • Municipality: NEUSE
  • Latitude: 35.9232
  • Longitude: -78.5621

    Address

  • Full Address: 3016 Falls River Ave
  • Address - House Number: 3016
  • Address - Street Name: Falls River
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R090
  • 4-Digit Zip Code: 8647
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,018

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 783,855
  • High Value: 880,881
  • Low Value: 686,829

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $517,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 30, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2044
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Dec 28, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 03, 2051

    Market Valuation

  • Market Total Value: $493,641
  • Market Land Value: $100,000
  • Market Improvement Value: $393,641

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $493,641
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $393,641

    Sales

  • Current Sale Contract Date: Jun 30, 2014
  • Current Sale Recording Date: Jun 30, 2014
  • Current Sale Transaction ID: 1129500184
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 25, 2005
  • Previous Sale Contract Date: May 18, 2005
  • Previous Sale Amount: $434,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 30, 2014
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AFFILIATED MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 25, 2005
  • Previous Mortgage Loan Amount: $234,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 3016 Falls River Avenue located in?
The 3016 Falls River Avenue is a located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
What is the average sales price for listings in 3016 Falls River Avenue?
The average sales price for units in 3016 Falls River Avenue is $0 currently.

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