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1109 Falling Rock Place

1109 Falling Rock Place, Durham, NC 27703
Property in Durham
Sold Oct 22, 2021
$419,000
$333,600 by M/i Financial Llc
Mortgage Due Nov 01, 2051
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1109 Falling Rock Place has 2,366 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,049 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1109 Falling Rock Place sold most recently in Oct 22, 2021 for a total of $419,000. If you work out the math, that's approximately a cost of $177.09 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,260 in taxes each year. 1109 Falling Rock Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $325,217. If we break it down further, the land itself was valued at $67,000. Improvements to the property, however, were assessed at a total of $258,217. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

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: 3,049
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,366
  • Building Area: 2,366
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,366
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDREWS CHAPEL/PH:06
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: ANDREWS CHAPEL/PH:06/LT# 384 BUCKINGHAM-C RH GAR PL000203-000351

Ownership

  • Current Owner : NAVALE SONALI V
  • Previous Owner : M I HOMES OF RALEIGH LLC

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: 228994
  • Lot: 384
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9234
  • Longitude: -78.7731

    Address

  • Full Address: 1109 Falling Rock Pl
  • Address - House Number: 1109
  • Address - Street Name: Falling Rock
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Durham
  • Carrier Code: R052
  • 4-Digit Zip Code: 6788
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,260

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 494,245
  • High Value: 576,126
  • Low Value: 412,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,600
  • First Open Lien Mortgage Lender: M/I FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $333,600
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $325,217
  • Market Land Value: $67,000
  • Market Improvement Value: $258,217

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,217
  • Assessed Land Value: $67,000
  • Assessed Improvements Value: $258,217

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11860568749
  • Current Sale Price: $419,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021054201

    Last Sale Mortgage

  • First Mortgage Lender: M/I FINANCIAL LLC
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $333,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 1109 Falling Rock Place located in?
The 1109 Falling Rock Place is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 1109 Falling Rock Place?
The average sales price for units in 1109 Falling Rock Place is $0 currently.

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