First floor condo in central Raleigh located on bus route and close access to 440/540. Two bedrooms, two full bathrooms with open living room & dining room. Trash, water, sewer, community pool, club house and play area all included in HOA fee! New heat pump 2024, tiled floor bathrooms, oak laminate flooring in liv room, din room, hallway & kitchen. Relax on the newly floored back deck overlooking grass area. Small storage room off deck, Reserved parking space and guest parking next to building. Refrigerator, stove, washer, dryer, dishwasher included. Freshly painted, Move in ready.
For sale
$185,000
5602 Falls Of Neuse Rd APT A, Raleigh, NC 27609
2beds
982sqft
Est.:
Condominium, Residential, Multi Family, Quadruplex
Built in 1972
-- sqft lot
$179,100 Zestimate®
$188/sqft
$244/mo HOA
What's special
Play areaCommunity poolClub houseTiled floor bathroomsTwo bedrooms
- 119 days |
- 394 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: November 18, 2025 at 04:15pm
Listed by:
Eric Olson 919-418-5343,
Olson Realty Group
Source: Doorify MLS,MLS#: 10133751
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric, Forced Air, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Dishwasher, Electric Oven, Electric Water Heater, Range, Range Hood, Refrigerator, Washer/Dryer Stacked
- Laundry: In Hall, Laundry Closet, Main Level
Features
- Bathtub/Shower Combination, Laminate Counters, Living/Dining Room Combination, Open Floorplan, Pantry, Master Downstairs, Separate Shower, Smooth Ceilings, Storage, Walk-In Shower, Water Closet, See Remarks
- Flooring: Carpet, Combination, Hardwood, Tile
- Doors: Sliding Doors
- Windows: Blinds, Double Pane Windows, Insulated Windows, Screens
- Has fireplace: No
- Common walls with other units/homes: End Unit, No Common Walls, No One Below
Interior area
- Total structure area: 982
- Total interior livable area: 982 sqft
- Finished area above ground: 982
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Asphalt, Guest, Off Street, On Site, Outside, Parking Lot, Paved, Private
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Lighting, Private Entrance, Storage
- Has private pool: Yes
- Pool features: Association, Community, Fenced, Filtered, In Ground, Outdoor Pool, Pool Cover, Private
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Features: Back Yard, Cleared, Few Trees, Gentle Sloping, Level, Near Public Transit
Details
- Additional structures: See Remarks
- Parcel number: Unit A
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential, Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Shingle, See Remarks
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Clubhouse, Curbs, Park, Playground, Pool, Sidewalks, Street Lights
- Subdivision: The Falls Condominiums
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Insurance, Landscaping, Maintenance, Maintenance Grounds, Management, Parking, Pool, Trash, Water
- Services included: Insurance, Maintenance Grounds, Road Maintenance, Sewer, Special Assessments, Trash, Water
- HOA fee: $244 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $175,283
- Annual tax amount: $1,548
- Date on market: 11/18/2025
- Road surface type: Asphalt, Paved
Estimated market value
$179,100
$170,000 - $188,000
$1,381/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $185,000+15.6%$188/sqft |
Source:  Doorify MLS #10133751 Report a problem | ||
| 11/14/2023 | Sold | $160,000$163/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,549 +0.4% | $175,283 |
| 2024 | $1,542 +47% | $175,283 +85.7% |
| 2023 | $1,049 +7.5% | $94,409 |
| 2022 | $976 +4% | $94,409 |
| 2021 | $939 +1.8% | $94,409 |
| 2020 | $922 +15.6% | $94,409 +40.8% |
| 2019 | $797 | $67,068 |
| 2018 | $797 +11.1% | $67,068 |
| 2017 | $718 +2.1% | $67,068 |
| 2016 | $703 -2.8% | $67,068 -1.3% |
| 2015 | $724 +5.3% | $67,955 |
| 2014 | $687 | $67,955 |
| 2013 | -- | $67,955 |
| 2012 | -- | $67,955 |
| 2011 | -- | $67,955 |
| 2010 | -- | $67,955 |
| 2009 | -- | $67,955 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,303/mo
Principal & interest
$954
HOA Fees
$244
Property taxes
$105
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Climate risks
Neighborhood: North Raleigh
Nearby schools
GreatSchools rating
- 5/10Millbrook Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 1/10East Millbrook MiddleGrades: 6-8Distance: 2.3 mi
- 6/10Millbrook HighGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Wake - Millbrook
- Middle: Wake - East Millbrook
- High: Wake - Millbrook
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27609
- North Carolina
- Wake County
- Raleigh
- 27609
- North Raleigh
- 5602 Falls Of Neuse Rd Apartment A
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