NOT LISTED FOR SALE

1021 Falling Rock Place Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $473,000 - $521,000

4 Beds
3.5 Baths
2,227 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $485,518 $218 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,032/month

9 Days on Market

Highlights

  • New Construction
  • Deck
  • High Ceiling
  • In Ground Pool
  • Traditional Architecture
  • Granite Countertops

About This Home

As of February 2022

BRAND NEW town home! Open floor plan. upgraded cabinets, large island with beautiful granite, 15'x6' rear deck off the family room , huge backyard. hardwood staircases. Three bedrooms on 3rd fl, one on first fl . Walk out access to backyard.Convenient to shopping center, HWY540 and HWY7.

Last Agent to Sell the Property

Qi He

QI Realty LLC License #277775 Listed on: 01/06/2022

Last Buyer's Agent

Heather Piper

Keller Williams Legacy License #312389

Keller Williams Legacy

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,742

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,227 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Laundry on upper level

Kitchen

  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Shower Only

Home Security

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Spring Valley Elementary School
  • Neal Middle School
  • Southern High School

Additional Features

  • 1,742 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include maintenance structure
  • York Management Association
  • Andrews Chapel Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$176 per month

Parking

2

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: Andrews Chapel
  • Above Grade Finished Sq Ft: 2227.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: see record
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-12-01
  • Property Condition Framed: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground: Yes
  • General Property Information Above Grade Finished Area: 2227.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Tile, Vinyl
  • Interior Amenities: Bathtub Only, Granite Counters, High Ceilings, Shower Only, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Acres: 0.04
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 176.0
  • Association Fee Frequency: Monthly
  • Association Name: York management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: York management
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 176.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Dimensions: see record
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 67000.0

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 8, 2022
Sold by
Hui Xiong
Bought by
Muecke Milanka
Seller's Agent
Qi He
QI Realty LLC
Buyer's Agent
Heather Piper
Keller Williams Legacy
List Price
$472,000
Sold Price
$485,518
Premium/Discount to List
$13,518
2.86%
Current Estimated Value
$467,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,266
Avg. Annual Appreciation
-0.45%
Original Mortgage
$388,414
Outstanding Balance
$364,082
Interest Rate
3.55%
Estimated Equity
$113,605

Purchase Details

Listed on
Jun 4, 2021
Closed on
Nov 29, 2021
Sold by
M I Homes Of Raleigh Llc
Bought by
Xiong Hui
Seller's Agent
Emily Lutz
M/I Homes of Raleigh LLC
Buyer's Agent
Hui Xiong
Carolina Regent Realty
List Price
$426,904
Sold Price
$426,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.27%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Muecke Milanka $486,000 Mann Mcgibney & Jordan Pllc
Xiong Hui $427,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muecke Milanka $388,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $485,518 -- --
12/14/2023 12/14/23 Off Market $426,904 -- --
02/10/2022 02/10/22 Sold $485,518 +2.9% $218 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $472,000 +10.6% $212 / Sq Ft
11/29/2021 11/29/21 Sold $426,904 0.0% $192 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $426,904 -- $192 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $4,533 $494,066 $80,000 $414,066
2024 $4,533 $324,939 $67,000 $257,939
2023 $4,256 $324,939 $67,000 $257,939
2022 $4,159 $324,939 $67,000 $257,939
2021 $854 $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2425485

Doorify MLS

APN: 228983