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1709 Falls River Ave, Raleigh, NC, 27614

3beds
2baths
2,698sqft
$670,000
$248price/sqft
$4,325/moest. monthly cost
$173,000/yrincome needed

About This Home

Welcome to your dream home in the highly desirable Falls River neighborhood, ideally located near shopping, restaurants, entertainment, scenic parks and trails. Enjoy the charm of a wrap-around front porch and step into an open-concept floor plan featuring freshly painted interior, vaulted ceilings and beautiful main-level living, with three bedrooms on the main level including the stunning owner's suite. The elegant kitchen offers an eat-in area and flows seamlessly into the family room and dining room, creating the perfect layout for entertaining or everyday comfort. You'll also love the multiple separate flex space with a stunning heated and cooled sunroom, ideal for a home office, reading retreat, or relaxing space year-round. Hardwoods throughout the main living area! Upstairs includes a huge bonus room with a closet, offering an easy option to convert into a fourth bedroom, along with walk-in storage for added convenience. Outside, enjoy the spacious patio and experience private, fenced-in backyard living with easy maintenance! There is an encapsulated crawl space for better effeciancy, making this a truly hard-to-find floor plan you won't want to miss!

Getting Around

21
WalkingCar-Dependent
20
TransitMinimal Transit
32
BikeSomewhat Bikeable

Schools

2/10
East Millbrook MiddleGrades 6-83.9 mi
7/10
Millbrook HighGrades 9-123.5 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Brick,Cement Siding,Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow, Craftsman, Ranch, Transitional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Built-In Gas Range,Convection Oven,Cooktop,Dishwasher,Disposal,Exhaust Fan,Free-Standing Refrigerator,Gas Cooktop,Gas Water Heater,Ice Maker,Microwave,Oven,Plumbed For Ice Maker,Range,Range Hood,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: In Kitchen,Inside,Laundry Closet,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Crawl Space, Daylight

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Beamed Ceilings,Breakfast Bar,Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Chandelier,Crown Molding,Double Vanity,Eat-in Kitchen,Entrance Foyer,High Ceilings,Open Floorplan,Pantry,Master Downstairs,Recessed Lighting,Separate Shower,Smooth Ceilings,Stone Counters,Storage,Vaulted Ceiling(s),Walk-In Closet(s),Walk-In Shower
  • Window features: Screens,Wood Frames
  • Flooring: Carpet,Ceramic Tile,Hardwood,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,698
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Ductless,Forced Air,Gas Pack,Heat Pump,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Dual,Ductless,Electric,Heat Pump

Interior Area

  • Total structure area: 2,698
  • Total interior livable area: 2,698 sqft

Property

Details

  • Parcel number: 172801473396000 0229714
  • Zoning: PD
  • Special condition: Standard

Features

  • Levels: One, One and One Half
  • Stories: 1
  • Patio & porch: Covered,Enclosed,Front Porch,Patio,Porch,Screened,Side Porch,Wrap Around,See Remarks
  • Exterior features: Barbecue,Fenced Yard,Garden,Gas Grill,Lighting,Outdoor Grill,Private Yard,Rain Gutters,Storage,Uncovered Courtyard
  • Fencing: Back Yard, Fenced, Gate, Wood
  • Has view: Yes
  • View description: Neighborhood,Trees/Woods

Lot

  • Lot size: 10,454 sqft
  • Features: Back Yard,City Lot,Few Trees,Front Yard,Interior Lot,Landscaped,Rectangular Lot
  • Lot size dimensions: 85 x 131 x 74 x 128

Parking

  • Total spaces: 4
  • Parking features: Attached,Concrete,Driveway,Garage,Garage Door Opener,Garage Faces Front,Kitchen Level,Lighted,Parking Pad,Side By Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,387$40,644
Home Insurance *$204$2,448
Property Taxes $483$5,796
Electricity $251$3,015
Total$4,325$51,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,285/yr
40% on housing$129,750/yr
45% on housing$115,333/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$248This listing

vs Other Active Listings

Avg $/sqft

ZIP 27614$268
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27614$241
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$660,000
2026-07-22Listed for sale$670,000
2006-03-31Sold$315,000
2004-03-03Sold$357,000
1998-10-26Sold$255,500
1998-05-18Sold$43,000

For Sale by Agent

AgentMark Parker
BrokerageCorcoran DeRonja Real Estate

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