12736 Waterman Dr Raleigh, NC 27614
Falls Lake Neighborhood
4
Beds
3.5
Baths
4,906
Sq Ft
1.45
Acres
Highlights
- Finished Room Over Garage
- Lake View
- Community Lake
- Brassfield Elementary School Rated A-
- Open Floorplan
- Property is near a clubhouse
About This Home
As of January 2025$150K+ discount! Amply opportunity for buyers to make their personal updates to this Pointe at Falls Lake custom Parade Home. Recent sales show updated value would be $1.2M. 1.5-acre cul-de-sac lot with backyard access to Falls Lake & 5-min walk to lakeshore. Enjoy nature from enormous two-tier deck & sunroom. Get cozy by masonry wood fireplace. Has 4 bdr/3.5 ba, formal living & dining rm, 2 family rms, 2 laundries, & 3rd flr with 2 lg finished rms. Brick-front with ¾'' red oak floors, oak cabinetry in lg kitchen, 3-pc crown & chair molding, transom & arched windows, skylights, & abundance of storage. Kitchen has SS appl & granite. Lg primary suite with 2 lg walk-ins, 2 vanities, jacuzzi tub, & shower. Enormous upstairs family rm with cathedral ceiling, special woodwork, dry bar, & open stairs to 3rd flr. Oversized 2 car garage & low maintenance natural landscaping. HOA= pool, tennis, playground
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,839
Year Built
- Built in 1987
Lot Details
- 1.45 Acre Lot
- Cul-De-Sac
- Secluded Lot
- Pie Shaped Lot
- Lot Sloped Down
- Cleared Lot
- Many Trees
- Private Yard
- Garden
- Back and Front Yard
- Property is zoned R-80W
HOA Fees
- $76 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Finished Room Over Garage
- Side Facing Garage
Home Design
- Transitional Architecture
- Traditional Architecture
- Brick Veneer
- Brick Foundation
- Shingle Roof
- Fiberglass Roof
- Masonite
Interior Spaces
- 4,906 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Bar Fridge
- Woodwork
- Crown Molding
- Smooth Ceilings
- Vaulted Ceiling
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Workshop
- Sun or Florida Room
- Lake Views
- Home Security System
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Electric Oven
- Electric Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Closets
- Walk-In Closet
- Double Vanity
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer
Outdoor Features
- Deck
- Exterior Lighting
- Rain Gutters
Schools
- Brassfield Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Water Heater
- Water Purifier
- Septic Tank
Additional Features
- Accessible Entrance
- Property is near a clubhouse
Listing and Financial Details
- Assessor Parcel Number 1810160145
Community Details
Overview
- Association fees include ground maintenance
- Falls Pointe HOA, Phone Number (919) 455-0976
- Pointe At Falls Lake Subdivision
- Community Lake
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $900,000 | -2.7% | $183 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | For Sale | $925,000 | 0.0% | $189 / Sq Ft |
| 11/22/2024 11/22/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | Price Changed | $925,000 | 0.0% | $189 / Sq Ft |
| 11/14/2024 11/14/24 | For Sale | $925,000 | -2.6% | $189 / Sq Ft |
| 09/24/2024 09/24/24 | Off Market | $949,900 | -- | -- |
| 08/15/2024 08/15/24 | For Sale | $949,900 | -- | $194 / Sq Ft |
Source: Doorify MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,858 | $779,117 | $175,000 | $604,117 |
| 2023 | $4,126 | $526,638 | $100,000 | $426,638 |
| 2022 | $3,823 | $526,638 | $100,000 | $426,638 |
| 2021 | $3,721 | $526,638 | $100,000 | $426,638 |
| 2020 | $3,659 | $526,638 | $100,000 | $426,638 |
| 2019 | $4,223 | $514,654 | $130,000 | $384,654 |
| 2018 | $3,882 | $514,654 | $130,000 | $384,654 |
| 2017 | $3,679 | $514,654 | $130,000 | $384,654 |
| 2016 | $3,605 | $514,654 | $130,000 | $384,654 |
| 2015 | $3,654 | $523,212 | $142,000 | $381,212 |
| 2014 | $3,463 | $523,212 | $142,000 | $381,212 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $340,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | None Listed On Document | |
| Warranty Deed | $425,000 | -- |
Source: Public Records
About the Listing Agent
Alex is a member of the Board of Realtors and has over a decade of experience in real estate along with a Phd. in Economics. Alex understands market trends and is motivated to help buyers and sellers in all price ranges in commercial and residential properties. We specialize in commercial and residential investment properties and are experts in Short sales and REO foreclosures. I received the RE/MAX Hall of Fame award in 2012. I went to School at Merrimack College and North Carolina State
Alex's Other Listings
Source: Doorify MLS
MLS Number: 10046905
APN: 1810.01-16-0145-000
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