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CondominiumResidential

1931 Falls Landing Dr

RALEIGH, NC 27614
436 ft²
Lot SizeThe size of the land the home sits on, from county records.
1999
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19992 floors8 units1,466–1,466 ft²
$2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$253K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$172
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-22.3%vs the Raleigh ZIP median sale $/ft² ($222)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+0.6%per yeartypical hold 7.4 yrsfrom 8 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20012004200920102015201620192020
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20012004200920102015201620192020

16 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
8 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 1,466 ft²
8 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$244K–$244K
1 unit
$250K–$251K
2 units
$253K–$253K
2 units
$255K–$255K
1 unit
$257K–$258K
2 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$172/ft²
Floor 2
$173/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.88%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.38%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.5 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.36%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$258,246
Median tax billThe middle annual property tax bill among the building's units.$2,149
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 104Jul 8, 2020$185,000Unit 202May 20, 2020$169,000Unit 103Apr 9, 2020$180,000Unit 101Nov 22, 2019$138,000Unit 101Jul 8, 2019$139,500Unit 204Jun 19, 2018$156,000Unit 104Jun 8, 2018$162,000Unit 203May 2, 2016$131,000Unit 201Jun 25, 2015$115,000Unit 201Jun 1, 2010$119,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.54
44
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
11
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
87
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
85
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyWake
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Raised (Unspecified)
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Wakefield Middle SchoolA
Middle · Grades 6–8 · 1.5 mi
E
Abbotts Creek Elementary SchoolA
Elementary · Grades PK–5 · 1.6 mi
H
Wakefield High SchoolA-
High · Grades 9–12 · 1.6 mi

District: Wake County Schools

Neighborhood · ZIP 27614These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.52
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.79
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.36,479
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,258 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$136,965
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$166,538
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1931 Falls Landing Dr Unit 101
2 ba · 1,466 ft²
$244K
1931 Falls Landing Dr # 102
2 ba · 1,466 ft²
$258K
1931 Falls Landing Dr # 103
2 ba · 1,466 ft²
$250K
1931 Falls Landing Dr Unit 104
2 ba · 1,466 ft²
$257K
1931 Falls Landing Dr Unit 201
2 ba · 1,466 ft²
$251K
1931 Falls Landing Dr Unit 202
2 ba · 1,466 ft²
$253K
1931 Falls Landing Dr Unit 203
2 ba · 1,466 ft²
$253K
1931 Falls Landing Dr Unit 204
2 ba · 1,466 ft²
$255K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1931 Falls Landing Dr

How many units are in 1931 Falls Landing Dr, Raleigh, NC?

1931 Falls Landing Dr, Raleigh, NC has 8 residential units across 2 floors, built in 1999, according to county assessor records.

What is a unit at 1931 Falls Landing Dr, Raleigh, NC worth?

The median TopHap Estimate across the 8 units at 1931 Falls Landing Dr, Raleigh, NC is $252,859. That works out to $172 per square foot. Units run from 1,466 to 1,466 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1931 Falls Landing Dr, Raleigh, NC expensive for Raleigh?

Units at 1931 Falls Landing Dr, Raleigh, NC carry a median of $172 per square foot, 22% below the Raleigh median of $222 per square foot.

How often do units sell at 1931 Falls Landing Dr, Raleigh, NC?

0 units at 1931 Falls Landing Dr, Raleigh, NC sold in the last 12 months, out of 16 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 1931 Falls Landing Dr, Raleigh, NC appreciated?

Across 8 repeat sales of the same unit, 1931 Falls Landing Dr, Raleigh, NC returned a median 0.6% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 7.4 years.

What floor plans does 1931 Falls Landing Dr, Raleigh, NC have?

The most common plan at 1931 Falls Landing Dr, Raleigh, NC is a 0-bedroom of 1,466 square feet, repeated 8 times, with a median estimate of $252,859. TopHap identifies 1 recurring plans in the building.

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