$466,889 - $522,000
RENTED JUN 7, 2025

1309 Falling Rock Place Durham, NC 27703

Eastern Durham Neighborhood
4 Beds
3.5 Baths
2,369 Sq Ft
$207 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Natural Gas
  • 2 Car Attached Garage

About This Home

As of June 2025

Beautiful, almost new townhome in Andrews Chapel at Brier Creek that backs to woods! 4BR/3.5BA w/ 2-car garage. 1st floor bonus/guest BR w/ full bath. Open floor plan in the main living area. Kitchen w/ granite countertops, island & SS appliances. Family room & private dining room or Office with French doors. Owner's suite w/ large WI shower. Minutes away from Brier Creek shopping center. Close to I-540, US70, and I-40. Very convenient to RTP, RDU, Durham, Duke & more! New fridge, blinds, washer & dryer. Pool community!

Last Agent to Rent the Property

Joe Matthews

Real Triangle Properties LLC License #134224 Listed on: 03/08/2025

Last Renter's Agent

Philo Matthews

Real Triangle Properties LLC License #245675

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 2022

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,369 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Andrews Chapel Subdivision

Listing and Financial Details

  • Security Deposit $2,595
  • Property Available on 3/8/25
  • Tenant pays for electricity, water

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,524

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Electricity, Water, Other
  • Lease Term: Other
  • Available Date: 2025-03-08

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential Lease
  • Subdivision Name: Andrews Chapel
  • Above Grade Finished Sq Ft: 2369.0
  • Unit Levels: Three Or More
  • New Construction: No
  • Cooling Central Air: Yes
  • Levels Three Or More: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2025-03-08
  • Contract Information Security Deposit2: 2595.0
  • General Property Information Above Grade Finished Area: 2369.0
  • Structure Type Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
M/I Homes Of Raleigh Llc
Bought by
Malapaka Venkata and Malapaka Bhargavi
Current Estimated Value
$477,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,750
Outstanding Balance
$400,777
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$88,695
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Malapaka Venkata $495,000 Ragsdale Liggett Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malapaka Venkata $420,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Rented $2,595 0.0% --
03/08/2025 03/08/25 For Rent $2,595 0.0% --
05/23/2023 05/23/23 Rented $2,595 0.0% --
05/03/2023 05/03/23 Under Contract -- -- --
04/27/2023 04/27/23 For Rent $2,595 -- --
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 $4,524 $493,270 $80,000 $413,270
2024 $4,524 $324,334 $67,000 $257,334
2023 $4,248 $324,334 $67,000 $257,334
2022 $15 $69,572 $67,000 $2,572
2021 $854 $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Matthews

    Landlord's Agent in 2025

    Joe Matthews

    Real Triangle Properties LLC

    (919) 244-7733

    6 in this area

    375 Total Sales

    Joe Matthews
    Section Image
  • Philo Matthews

    Tenant's Agent in 2025

    Philo Matthews

    Real Triangle Properties LLC

    (919) 656-6783

    1 in this area

    91 Total Sales

    Philo Matthews
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10081037

Doorify MLS

APN: 229013

North Carolina Durham County Durham 27703 Eastern Durham

1309 Falling Rock Place, Durham, NC

This home is located at 1309 Falling Rock Place, Durham, NC 27703 since 08 March 2025 and is currently priced at $489,472. This property was built in 2022. 1309 Falling Rock Place is a home located in Durham County with nearby schools including Spring Valley Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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