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3121 Falls River Avenue

3121 Falls River Avenue, Raleigh, NC 27614
Sold May 19, 2023
$885,000
$708,000 by Central Trust Bank, The
Mortgage Due Jun 01, 2053
Sold May 19, 2023
$885,000
$708,000 by Central Trust Bank, The
Mortgage Due Jun 01, 2053
3121 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. 3121 Falls River Avenue has 3,816 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 11,761 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 253 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 May 19, 2023 for $885,000. That's $231.92 per sqft. Prior to that sales transaction, the property was also sold in May 19, 2023 for $885,000. 3121 Falls River Avenue was last assessed in 2022. The total value of the property was assessed at $565,438. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $465,438. 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 $5,745. 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.

Building Features

Parking

Attached Garage
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: 253
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,816
  • Building Area: 3,816
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,816
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD FALLS RIVER
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO356 BEDFORD @ FALLS RIVER P9 02-961-4

Ownership

  • Current Owner : STRICKLAND STEVEN R
  • Current Owner 2: STRICKLAND MEREDITH BROOKE
  • Previous Owner : GARDNER-COX SARAH ESMA
  • Previous Owner 2: RUSSELL JAMES
  • Owner Before Previous Owner: GARDNER-COX SARAH ESMA
  • Owner Before Previous Owner 2: RUSSELL JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054021

Zoning

  • Zoning: PD

Geography

  • Account Number: 0312185
  • District: 13
  • Parcel: 1739.03-01-2976 0312185
  • Lot: 356
  • Municipality: NEUSE
  • Latitude: 35.9252
  • Longitude: -78.56

    Address

  • Full Address: 3121 Falls River Ave
  • Address - House Number: 3121
  • Address - Street Name: Falls River
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R090
  • 4-Digit Zip Code: 8650
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,745

    Appraisal Valuation

  • Standard Deviation: 0.0688
  • Valuation Date: May 24, 2023
  • Confidence Score: 96
  • Final Value: 881,308
  • High Value: 941,955
  • Low Value: 820,662

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $708,000
  • First Open Lien Mortgage Lender: CENTRAL TRUST BANK, THE
  • First Open Lien Mortgage Recording Date: May 19, 2023
  • First Open Lien Mortgage Loan Amount: $708,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $565,438
  • Market Land Value: $100,000
  • Market Improvement Value: $465,438

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $565,438
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $465,438

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Transaction ID: 11906863907
  • Current Sale Price: $885,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 19, 2023
  • Previous Sale Contract Date: May 19, 2023
  • Previous Sale Amount: $885,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL TRUST BANK, THE
  • First Mortgage Transaction Date: May 19, 2023
  • First Mortgage Loan Amount: $708,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL TRUST BANK, THE
  • Previous Mortgage Transaction Date: May 19, 2023
  • Previous Mortgage Loan Amount: $708,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2053

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Frequently Asked Questions

What neighborhood is 3121 Falls River Avenue located in?
The 3121 Falls River Avenue is a house located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
What is the average sales price for listings in 3121 Falls River Avenue?
The average sales price for units in 3121 Falls River Avenue is $0 currently.

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