NOT LISTED FOR SALE

1024 Falling Rock Place Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $447,585 - $478,000

4 Beds
3.5 Baths
2,383 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $449,000 $188 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,964/month

6 Days on Market

Highlights

  • Transitional Architecture
  • Community Pool
  • 2 Car Garage
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Private Driveway

About This Home

As of March 2023

This beautiful Andrews Chapel townhome is less than 16 months old, in immaculate shape, and offers tons of natural lighting. You’ll have plenty of space to call home with its four bedrooms, three and half baths and spacious two-car garage. The gorgeous kitchen boasts stainless steel appliances, granite countertops, and white cabinetry. Take in your morning latte on the deck overlooking the back yard. The top floor holds a spacious primary suite, two additional bedrooms with a full bathroom, and a generous sized laundry room with sink. On the ground level you’ll find a fourth bedroom with a full bath, perfect for a guest, in-law retreat, or bonus setup. Enjoy peaceful evenings grilling on the patio. Stroll the quiet community sidewalks. Take a dip in the swimming pool. Pristine location close to RDU, Brier Creek, I-540, I-440 and I-40. You’re a moments notice from endless action!

Last Agent to Sell the Property

Brandon Yopp

The Oceanaire Realty License #299750 Listed on: 02/16/2023

Last Buyer's Agent

Patrick Cullnan

eXp Realty, LLC - C License #324368

eXp Realty, LLC - C

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,152

Year Built

  • Built in 2021

Lot Details

  • 1,917 Sq Ft Lot
  • Lot Dimensions are 22x83

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,383 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • York Properties Association
  • Built by M/I Homes
  • Andrews Chapel Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,152

Year Built

Built in 2021

Lot Details

1,917 Sq Ft Lot

HOA Fees

$180 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Andrews Chapel
  • Above Grade Finished Sq Ft: 2383.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 403.0
  • General Property Information Total Unfinished Area2: 403.0
  • General Property Information Lot Size Dimensions: 22X83
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Beautiful Andrews Chapel townhome less than 16 months old, in immaculate shape, & offers tons of natural light. You’ll have plenty of space to call home w/ its 4 bedrooms, 3.5 baths & spacious 2-car garage. The gorgeous kitchen boasts stainless appliances, granite countertops, & white cabinetry. Deck overlooking the back yard. Top floor holds a spacious primary suite, 2 more bedrooms w/ a full bath, & a generous sized laundry room w/ sink. On the ground level you’ll find a 4th bedroom w/ a full bath.
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 2383.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1916.64
  • General Property Information Lot Size Acres: 0.044
  • General Property Information:Living Area3: 2383.0
  • General Property Information Builder Name: M/I Homes
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.04
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 179.5
  • Association Fee Frequency: Monthly
  • Association Name: York Properties
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: York Properties
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 179.5
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 22X83
  • Lot Size Sq Ft: 1916.64
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4152.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Hwang Sunju
Bought by
Lee Alexander
Current Estimated Value
$461,396

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 16, 2023
Sold by
Ray Matthew Taylor and Ray Benjamin
Bought by
Lee Alexander and Hwang Sunju
Seller's Agent
Brandon Yopp
The Oceanaire Realty
Buyer's Agent
Patrick Cullnan
eXp Realty, LLC - C
List Price
$449,000
Sold Price
$449,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$399,610
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2021
Closed on
Dec 29, 2021
Sold by
M I Homes Of Raleigh Llc
Bought by
Ray Matthew Taylor and Tharrington Benjamin
Seller's Agent
Emily Lutz
M/I Homes of Raleigh LLC
Buyer's Agent
Susan Brown
Aimee Anderson & Associates
List Price
$435,209
Sold Price
$435,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$413,448
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records
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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
Lee Alexander -- None Listed On Document
Lee Alexander -- None Listed On Document
Lee Alexander $449,000 --
Ray Matthew Taylor $435,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Alexander $399,610
Previous Owner Ray Matthew Taylor $413,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $449,000 -- --
12/14/2023 12/14/23 Off Market $435,209 -- --
03/23/2023 03/23/23 Sold $449,000 0.0% $188 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $449,000 +3.2% $188 / Sq Ft
12/29/2021 12/29/21 Sold $435,209 0.0% $195 / Sq Ft View Prior Sale
06/23/2021 06/23/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $435,209 -- $195 / Sq Ft
Source: Doorify MLS

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 $4,890 $493,270 $80,000 $413,270
2024 $4,524 $324,329 $67,000 $257,329
2023 $4,248 $324,329 $67,000 $257,329
2022 $4,151 $324,329 $67,000 $257,329
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: 2495186

Doorify MLS

APN: 229059

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