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3913 Falls River Avenue

3913 Falls River Avenue, Raleigh, NC 27614
1 Units For Sale
Unit for sale at 3913 Falls River Avenue, Raleigh, NC 27614

$849,000 ↓ $26K

  • Loft
  • 4 Baths
  • 4,093 ft²
3913 Falls River Avenue, Raleigh, NC 27614 Listing by Jennifer Horn

3913 Falls River Avenue in Raleigh, NC was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2007. 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. 3913 Falls River Avenue has 3,920 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. The home has a gable style roof. 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 591 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3913 Falls River Avenue sold most recently in Jan 27, 2024 for a total of $825,000. If you work out the math, that's approximately a cost of $210.46 per sqft. Before that, the property was also sold for $525,000 in Aug 26, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,182 in taxes each year. 3913 Falls River Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $565,329. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $465,329. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190807
08/07/2019
5 Bed
4 Bath
4063 ft²
$550,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
4063 ft²
$525,000 -4.55%
11/18/2019
Jennifer Spencer

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 591
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,920
  • Building Area: 3,920
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,920
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BEDFORD AT FALLS RIVER
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO26 BEDFORD @ FALLS RIVER PH2 BM2002-00383

Ownership

  • Current Owner : PETERSEN TAMMY LYNN
  • Current Owner 2: ADDISON TRAVIS FRANK
  • Previous Owner : DEDEUGD GREGORY SCOTT
  • Previous Owner 2: RUZIN DENIZ
  • Owner Before Previous Owner: SOUTHERN MICHAEL P
  • Owner Before Previous Owner 2: SOUTHERN LOUISE B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Account Number: 0296159
  • District: 13
  • Subdivision Phase Number: 2
  • Parcel: 1729.04-63-4263 0296159
  • Lot: 26
  • Municipality: NEUSE
  • Latitude: 35.9288
  • Longitude: -78.5728

    Address

  • Full Address: 3913 Falls River Ave
  • Address - House Number: 3913
  • Address - Street Name: Falls River
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R079
  • 4-Digit Zip Code: 7413
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,182

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 96
  • Final Value: 856,575
  • High Value: 914,881
  • Low Value: 798,268

    Market Valuation

  • Market Total Value: $565,329
  • Market Land Value: $100,000
  • Market Improvement Value: $465,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $565,329
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $465,329

    Sales

  • Current Sale Contract Date: Jan 27, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Transaction ID: 11920119165
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 18, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 18, 2019
  • Previous Mortgage Loan Amount: $420,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About North Raleigh



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Frequently Asked Questions

What neighborhood is 3913 Falls River Avenue located in?
The 3913 Falls River Avenue is a house located in the neighborhood of Bedford at Falls River in North Raleigh, Raleigh.
How many listings are currently for sale in 3913 Falls River Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 3913 Falls River Avenue?
The average sales price for units in 3913 Falls River Avenue is $538,500 , or $133/sqft. currently.

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