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1024 Falling Rock Place

1024 Falling Rock Place, Durham, NC 27703
Property in Durham
1 Units For Sale
Unit for sale at 1024 Falling Rock Place, Durham, NC 27703

$449,000

  • 4 Beds
  • 3.5 Baths
  • 2,383 ft²
1024 Falling Rock Place, Durham, NC 27703 Listing by Brandon Yopp

Local assessors in Durham, NC have categorized 1024 Falling Rock Place as a residential type of property. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1024 Falling Rock Place has a total of 2,349 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Mar 16, 2023 for $449,000. That's $191.15 per sqft. Prior to that sales transaction, the property was also sold in Dec 29, 2021 for $435,500. 1024 Falling Rock Place was last assessed in 2023. The total value of the property was assessed at $324,329. Specifically, the land the property is located on was valued at $67,000. While improvements on the property were assessed at a total of $257,329. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,248. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Condition

New Construction

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220908
09/08/2022
4 Bed
4 Bath
2383 ft²
$485,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2383 ft²
-
-
-
Susan Brown
Exp Realty

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Townhouse
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,349
  • Building Area: 2,349
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDREWS CHAPEL/PH:06
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: ANDREWS CHAPEL/PH:06/LT# 449 KENSINGTON-B RH GAR PL000203-000351

Ownership

  • Current Owner : LEE ALEXANDER
  • Current Owner 2: HWANG SUNJU
  • Previous Owner : RAY MATTHEW TAYLOR
  • Previous Owner 2: RAY BENJAMIN
  • Owner Before Previous Owner: M I HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001900

Zoning

  • Zoning: PDR 4.793

Geography

  • Assessors Map Reference: BK 203 PG 351
  • Parcel: 229059
  • Lot: 449
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9242
  • Longitude: -78.773

    Address

  • Full Address: 1024 Falling Rock Pl
  • Address - House Number: 1024
  • Address - Street Name: Falling Rock
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Durham
  • Carrier Code: R052
  • 4-Digit Zip Code: 6787
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,248

    Appraisal Valuation

  • Standard Deviation: 0.0829
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 93
  • Final Value: 488,451
  • High Value: 528,977
  • Low Value: 447,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,610
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Mar 23, 2023
  • First Open Lien Mortgage Loan Amount: $399,610
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $324,329
  • Market Land Value: $67,000
  • Market Improvement Value: $257,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,329
  • Assessed Land Value: $67,000
  • Assessed Improvements Value: $257,329

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Transaction ID: 11903923519
  • Current Sale Price: $449,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 55918
  • Previous Sale Recording Date: Dec 29, 2021
  • Previous Sale Contract Date: Dec 29, 2021
  • Previous Sale Amount: $435,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE, INC.
  • First Mortgage Transaction Date: Mar 23, 2023
  • First Mortgage Loan Amount: $399,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: M/I FINANCIAL LLC
  • Previous Mortgage Transaction Date: Dec 29, 2021
  • Previous Mortgage Loan Amount: $413,448
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

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Frequently Asked Questions

What neighborhood is 1024 Falling Rock Place located in?
The 1024 Falling Rock Place is a located in the neighborhood of Durham in Durham, Durham.
How many listings are currently for sale in 1024 Falling Rock Place?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1024 Falling Rock Place?
The average sales price for units in 1024 Falling Rock Place is $449,000 , or $188/sqft. currently.

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