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3154 Rapid Falls Dr

Cary, NC 27519

2 bd 3 ba 1,390 sqft Built 2007 Lot 1,307 sqft townhomes
Most recent sale
$350,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2025 Listing removed $1,750 DoorifyMLS
Oct 28, 2024 Listing removed $1,800 DoorifyMLS
Sep 30, 2024 Listing removed $1,250 DoorifyMLS
Jun 30, 2023 Listed for rent $1,750 AppfolioUnits
Jun 6, 2023 Listed for rent $1,750 AppfolioUnits
May 27, 2022 Sold $350,000 Public Record
Apr 14, 2022 Listed $349,990 MLS #2442549
Apr 22, 2016 Listing removed $1,250 DoorifyMLS
Feb 4, 2016 Listed for rent $1,250 DoorifyMLS
Jun 27, 2014 Sold $159,000 DoorifyMLS
Jun 26, 2014 Sold $159,000 Public Record
Apr 30, 2014 Relisted $160,500 MLS #1928416
Apr 7, 2014 Listing removed $160,500 DoorifyMLS
Mar 3, 2014 Price changed $160,500 MLS #1928416
Jan 23, 2014 Listed $163,000 MLS #1928416
Jan 12, 2010 Listing removed $175,000 DoorifyMLS
Dec 1, 2009 Listed $175,000 MLS #1696750
Oct 25, 2007 Sold $164,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,104 $90,000 $339,104 $2,926
2024 $249,104 $90,000 $339,104 $2,863
2023 $161,750 $63,000 $224,750 $2,272
2022 $161,750 $63,000 $224,750 $2,187
2021 $161,750 $63,000 $224,750 $2,144
2020 $161,750 $63,000 $224,750 $2,155
2019 $119,827 $50,000 $169,827 $1,838
2018 $119,827 $50,000 $169,827 $1,726
2017 $119,827 $50,000 $169,827 $1,659
2016 $119,827 $50,000 $169,827 $1,634
2015 $120,479 $38,000 $158,479 $1,580
2014 $120,479 $38,000 $158,479 $1,491
2013 $120,479 $38,000 $158,479 $1,421
2012 $120,479 $38,000 $158,479 $1,389
2011 $120,479 $38,000 $158,479 $1,389
2010 $120,479 $38,000 $158,479 $1,389
2009 $120,479 $38,000 $158,479 $1,389
2007 $150,861 $38,000 $188,861 $329

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,390 sqft
Lot size
1,307 sqft
ZIP code
27519
City
Cary
Street
Rapid Falls Dr
Coordinates
35.83370, -78.85079

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,877
Gross rental yield
6.44%
Implied cap rate
4.18%
Trend-extrapolated value

Frequently asked questions

When did 3154 Rapid Falls Dr last sell?
3154 Rapid Falls Dr most recently sold on May 27, 2022 for $350,000.
What is the current tax assessment for 3154 Rapid Falls Dr?
The most recent total assessment for 3154 Rapid Falls Dr (year 2025) is $339,104 with $2,926 in property tax.
How does 3154 Rapid Falls Dr's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $350,000.
When was 3154 Rapid Falls Dr built?
3154 Rapid Falls Dr was built in 2007.
How does 3154 Rapid Falls Dr compare to others on Rapid Falls Dr?
We track 1 other property on Rapid Falls Dr. Browse the list under "Other properties on Rapid Falls Dr" to compare beds, baths, and sale history.
What are the property facts for 3154 Rapid Falls Dr?
3154 Rapid Falls Dr is a 2 bed, 3 bath, 1,390 sqft, 1,307 sqft lot townhomes.
Is 3154 Rapid Falls Dr a flip candidate?
No — 3154 Rapid Falls Dr does not appear in our flips dataset.
Is 3154 Rapid Falls Dr a tax-appeal candidate?
No — 3154 Rapid Falls Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.4%
Implied 1-yr
+25.6%
2026 Q3
$1.38M
2026 Q4
$1.44M
ZIP 27519 — Median Price History + Forecast

Explore nearby

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