$550,000
NEW CONSTRUCTION $21K PRICE DROP

1109 Masters Place Way Unit 156 Durham, NC 27703

Eastern Durham Neighborhood

Estimated payment $3,295/month

Total Views 2,561
3 Beds
2 Baths
2,300 Sq Ft
$239 Price per Sq Ft

Highlights

  • Golf Course Community
  • New Construction
  • Open Floorplan
  • Fitness Center
  • Active Adult
  • Clubhouse

About This Home

Welcome to your ideal retreat in this vibrant new 55+ community! The thoughtfully crafted Summit plan combines style and functionality, offering three spacious bedrooms and two full bathrooms. From the moment you enter, the welcoming foyer leads you into a bright and inviting family room—perfect for both entertaining and relaxing. The open-concept kitchen features a generous pantry and flows effortlessly into the dining area, making hosting family and friends a breeze. The expansive family room offers plenty of space for cozy movie nights or lively get-togethers. Step outside to your screened-in porch, where you can unwind and take in the tranquil surroundings in comfort, rain or shine. Your private primary suite, tucked just off the main living area, is a peaceful haven with a spa-like ensuite bathroom and an oversized walk-in closet—a must-have for any wardrobe enthusiast. An attached two-car garage adds even more convenience and storage to this low-maintenance lifestyle. Don't miss this opportunity to live in comfort and elegance—your next chapter starts here!

Listing Agent

Jolene Johnson

SM North Carolina Brokerage License #254251 Listed on: 06/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,106

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 8,053 Sq Ft Lot
  • Landscaped

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Home is estimated to be completed on 7/31/25
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Screened Porch
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry

Schools

  • Oakgrove Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Accessible Washer and Dryer
  • Rain Gutters
  • Property is near a golf course

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0861-92-7953

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, internet, ground maintenance
  • Elite Management Professionals, Inc Association, Phone Number (919) 233-7660
  • Built by Stanley Martin Homes, LLC
  • Falls Village Subdivision, Summit Floorplan
  • Falls Village 55+ Community

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,106

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Builder Name: Stanley Martin Homes, LLC
  • Builder Model: Summit
  • Year Built: 2025
  • Prop. Type: Residential
  • Reso Association Fee Includes: Cable TV, Internet, Maintenance Grounds
  • Subdivision Name: Falls Village
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Effective Year Built: 2025
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: 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: 2025-07-31
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Interior Features LivingDining Room Combination: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Senior Community YN: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 275.0
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2300.0
  • General Property Information Carport YN: No
  • Laundry Features Sink: Yes
  • General Property Information Senior Community Name: Falls Village 55+
  • General Property Information Lot Size Square Feet2: 8053.0
  • General Property Information Lot Size Acres: 0.1849
  • General Property Information Stories2: 1
  • Association Amenities Billiard Room: Yes
  • General Property Information Builder Name: Stanley Martin Homes, LLC
  • General Property Information Builder Model: Summit
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Renovated: 2025

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Community Features:Golf: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 0.18
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Near Golf Course: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Fireplace(s), Natural Gas
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management Professionals, Inc
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management Professionals, Inc
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • Association Fee Includes:Internet: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 8053.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0861-92-7953

Tax Info

  • Tax Annual Amount: 1.39
  • Tax Year: 2025

MLS Schools

  • Elementary School: Durham - Oakgrove

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,106 $111,600 $111,600 $0
2024 $1,744 $125,000 $125,000 $0
2023 $1,637 $125,000 $125,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Price Changed $550,000 -0.9% $239 / Sq Ft
08/16/2025 08/16/25 Price Changed $555,000 -2.8% $241 / Sq Ft
06/30/2025 06/30/25 For Sale $570,785 -- $248 / Sq Ft
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10106557

Doorify MLS

APN: 232921