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CondominiumResidential
$156,098$144 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $76,388 on Mar 1, 2018

5612 FALLS OF NEUSE RD

RALEIGH, NC 27609
Building report
2
Baths
1,082 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1972
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$156K
$135K low$177K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$76,388 · Mar 1, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,597 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$180,858 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$180,858
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$180,858

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.57
53
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
13
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.
89
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.16 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
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(2)

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

E
Millbrook Magnet Elementary SchoolD
Elementary · Grades PK–5 · 0.9 mi
H
Millbrook Magnet High SchoolB
High · Grades 9–12 · 0.9 mi
M
East Millbrook Magnet Middle SchoolD-
Middle · Grades 6–8 · 2.3 mi

District: Wake County Public Schools

Neighborhood · ZIP 27609These 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.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.39,499
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,515 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,548
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,912
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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

How this home compares

5612 Falls Of Neuse Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in North Raleigh
  • Costs less per square foot than 98% of homes in North Raleigh
  • Smaller than 97% of homes in North Raleigh
  • Older than 88% of homes in North Raleigh

What homes are worth in Raleigh 27609

Each bar is how many homes fall in that price range. The marker is this home.

This home
$165K$3M

This home is worth less than almost all homes in Raleigh 27609.

How it measures up in Raleigh 27609

The dot is this home. The mark in the middle is the typical home in Raleigh 27609.

Estimated value$156,098
CheaperTypical $591,729Pricier

Cheaper than almost all homes nearby

Price per ft²$144
CheaperTypical $294Pricier

Pricier than 2% of homes nearby

Living area1,082 ft²
SmallerTypical 1,970 ft²Bigger

Bigger than 5% of homes nearby

Year built1972
OlderTypical 1972Newer

Newer than 51% of homes nearby

How 5612 Falls Of Neuse Rd ranks against every home in each area.
MeasureThis homeNorth RaleighRaleigh 27609Wake County
Estimated valuepricier than$156,098almost no homesalmost no homesalmost no homes
Price per ft²pricier than$1442% of homes2% of homes3% of homes
Living areabigger than1,082 ft²3% of homes5% of homes5% of homes
Year builtnewer than197212% of homes51% of homes12% of homes

About 5612 Falls Of Neuse Rd

How much is 5612 Falls Of Neuse Rd, Raleigh, NC worth?

The TopHap Estimate for 5612 Falls Of Neuse Rd, Raleigh, NC is $156,098 as of Sep 24, 2026. The likely range is $134,698 to $177,498. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5612 Falls Of Neuse Rd, Raleigh, NC last sell?

5612 Falls Of Neuse Rd, Raleigh, NC last sold on Mar 1, 2018 for $76,388, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 5612 Falls Of Neuse Rd, Raleigh, NC?

5612 Falls Of Neuse Rd, Raleigh, NC has 2 bathrooms and 1,082 square feet of living space.

When was 5612 Falls Of Neuse Rd, Raleigh, NC built?

5612 Falls Of Neuse Rd, Raleigh, NC was built in 1972, making it 54 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 5612 Falls Of Neuse Rd, Raleigh, NC?

5612 Falls Of Neuse Rd, Raleigh, NC is assigned to Millbrook Magnet Elementary School (elementary), rated D; Millbrook Magnet High School (high), rated B; East Millbrook Magnet Middle School (middle), rated D-. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5612 Falls Of Neuse Rd, Raleigh, NC compare to other homes in Raleigh 27609?

Among the 10,091 homes in Raleigh 27609, it is worth more than almost none of them ($156,098 against a typical $591,729), its price per square foot is higher than 2% of them ($144 against a typical $294), it is bigger than 5% of them (1,082 ft² against a typical 1,970 ft²) and it is newer than 51% of them (1972 against a typical 1972). Measured against all of Wake County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5612 Falls Of Neuse Rd, Raleigh, NC?

The 2025 property tax bill for 5612 Falls Of Neuse Rd, Raleigh, NC was $1,597. The county assessed it at $180,858.

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