**Offer deadline is set for 5:00 p.m. 9/21/2025. ** This is an exciting opportunity for your next project. This first-floor, two-bedroom, two-bathroom condo with a pool view is ready to be transformed. Located in a prime spot on Falls of Neuse Road, this condo already has newer appliances and an updated HVAC system. The interior is partially gutted, offering a blank canvas for your vision. This is a perfect opportunity for a handyman, investor, or flipper to create a rental property, a resale, or even a custom home. Don't miss the chance to acquire a condo with incredible potential in a highly desirable area! The Falls Homeowners' Association, Ltd is a 175 unit condominium association located in North Raleigh next to the Raleigh Racquet Club and close to Sutton Square. The community has a swimming pool, clubhouse, and playground.
Sold for $120,000 on 10/08/25
$120,000
5800 Falls Of Neuse Rd APT B, Raleigh, NC 27609
2beds
954sqft
Condominium, Residential
Built in 1972
-- sqft lot
$119,700 Zestimate®
$126/sqft
$1,497 Estimated rent
Home value
$119,700
$114,000 - $126,000
$1,497/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 01:19am
Listed by:
Susan Abshire 919-274-9393,
Coldwell Banker HPW,
Denise Van Gorden 919-638-8990,
Coldwell Banker HPW
Bought with:
Cindy Phifer, 293985
Allen Tate/Wake Forest
Source: Doorify MLS,MLS#: 10122437
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: In Hall, In Unit, Laundry Closet
Features
- Ceiling Fan(s)
- Flooring: Other, See Remarks
- Doors: Storm Door(s)
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 954
- Total interior livable area: 954 sqft
- Finished area above ground: 954
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Assigned
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Pool features: Community
- Has view: Yes
Details
- Parcel number: Real Estate ID 0119772
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: The Falls Condominiums
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $261 monthly
- Amenities included: Clubhouse, Maintenance Grounds, Management, Pool
- Services included: Maintenance Grounds
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Sold | $120,000$126/sqft |
Source:  Doorify MLS #10122437 | ||
| 9/22/2025 | Pending sale | $120,000$126/sqft |
Source: Doorify MLS #10122437 | ||
| 9/18/2025 | Listed for sale | $120,000+53.8%$126/sqft |
Source: Doorify MLS #10122437 | ||
| 7/19/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 7/5/2024 | Price change | $1,250-3.5%$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,430 +0.4% | $161,652 |
| 2024 | $1,424 +49.8% | $161,652 +89.4% |
| 2023 | $951 +7.5% | $85,372 |
Find assessor info on the county website
Neighborhood: North Raleigh
Nearby schools
GreatSchools rating
- 5/10Millbrook Elementary SchoolGrades: PK-5Distance: 0.9 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.
Get a cash offer in 3 minutes
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Estimated market value
$119,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$119,700