The Reserve At Falls Lake Market Report

Live Wake County Data

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Download PDF Report Price Index: 99.6 · Premium-Priced (Thin data) (+42.3% vs. comparable)

$1,653,750* Median Price

$1,618,125* Avg Price

$354* Avg $/sqft

$1,340,000 Low

$1,825,000 High

4 Sales (12mo)

83 Homesites

4.8% Annual Turnover

* Pricing excludes 0 townhome sales to reflect single-family home values. All sales are included in the sales count.

$1,237,677 Median Assessed

$8,132 Est. Annual Tax

$678 Est. Monthly Tax

$0.657 Rate per $100

74.8% Assessment-to-Sale

Land 22% — $275,000 Building 78% — $962,677

Wake County rate: $0.657 per $100 assessed (unincorporated)

Data source: Wake County Public Records · Generated live · Prepared by Costello Real Estate & Investments Triangle, LLC

Avg $/sqft — 12-Month Trend

Location

Recent Sales

Address	Price	Sqft	$/sqft	Year Built	Sale Date
7201 SUMMER TANAGER TRL	$1,605,000	4251	$378	2021	2026-01-01
7436 SUMMER TANAGER TRL	$1,825,000	4821	$379	2025	2025-11-16
1520 ROCK DOVE WAY	$1,340,000	4293	$312	2019	2025-09-08
7440 SUMMER TANAGER TRL	$1,702,500	4914	$346	2024	2025-07-23

Explore the Area

About This Neighborhood

4 public · 1 private within 5 mi Grades from NC DPI (2024)

Public Schools

School	Grades	NC Grade	Enrollment	Distance
Pleasant Union Elementary	PK-5	B	542	2.1 mi
Student:Teacher 14:1 Performance Score 84/100 Math Grade A Reading Grade B Growth Exceeded Student Demographics White 74% Black 10% Hispanic 7% Asian 4% Two+ 6% View Full NC Report Card
Brassfield Elementary	K-5	C	586	3.7 mi
Student:Teacher 13:1 Performance Score 58/100 Math Grade C Reading Grade C Growth NotMet Student Demographics White 53% Black 10% Hispanic 29% Asian 5% Two+ 3% View Full NC Report Card
Magellan Charter (Charter)	3-8	A	406	4.8 mi
Student:Teacher 13:1 Performance Score 89/100 Math Grade A Reading Grade A Growth Exceeded Student Demographics White 81% Black 3% Hispanic 4% Asian 5% Two+ 6% View Full NC Report Card
Baileywick Road Elementary	PK-5	D	351	4.8 mi
Student:Teacher 11:1 Performance Score 54/100 Math Grade C Reading Grade D Growth Met Student Demographics White 38% Black 9% Hispanic 49% Asian 1% Two+ 2% View Full NC Report Card

Private Schools

School	Distance
LITTLE LAMBS LEARNING CENTER	2.6 mi

Source: National Center for Education Statistics (NCES) · NC Dept. of Public Instruction

Medical

CVS Pharmacy 2.8 mi

Grocery

Speedway 2.9 mi

School

Pleasant Union Elementary School 2.1 mi

This report is for informational purposes only and is not a substitute for professional real estate advice. Data reflects recent sales from Wake County public records and may contain inaccuracies. Always consult a licensed real estate professional before making buying or selling decisions. Prepared by Costello Real Estate & Investments Triangle, LLC.

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