tomo logo

$500,000

Beds
4
Baths
3.5
sq ft
2,386

1014 Falling Rock Place, Durham, NC 27703

1014 Falling Rock Place

Durham, NC 27703

  • 8 days on market
This meticulously maintained 4-bed, 3.5-bath townhome offers a walk-out basement suite, fenced backyard, deck, and patio—perfect for entertaining or relaxing. Enjoy an extra wide (22 ft.) open floor plan with a gourmet kitchen, spacious living area, and a luxurious primary suite. Located steps from amenities, including walking trails, a dog park, and a pool and just minutes to Brier Creek, RTP and RDU Airport.

Details

Property type

Townhouse

Est. home value

$476,174

Lot size

1,742.4 sq ft

Price per sq ft

$210

Year built

2022

Annual property taxes

$4,514.71

Monthly HOA fee

$183

Price History

02/13/2025
TriangleMLS

TriangleMLS #10076284

Listed
$500,000
+12.31%
01/27/2022
TriangleMLS

TriangleMLS #2428709

Sold
$445,189

Schools & Community

Elementary school: 

Durham - Spring Valley

Middle school: 

Durham - Neal

High school: 

Durham - Southern

Community features: 

Pool, Curbs, Sidewalks, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$63,950
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$396,050
Cash to seller
$63,950

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

M/I Financial Llc

Loan start date

January 2022

Original loan amount

$422,929

Est. remaining balance

$396,050

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Alexander Brown and Alyssa Alexandra Brunal Brown

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
TriangleMLS
$429,900
4 bd
|
3.5 ba
|
2,234 sq ft
|
Townhouse

108 Asher Ct, Durham, NC 27703

TriangleMLS
$525,000
4 bd
|
3.5 ba
|
2,791 sq ft
|
Townhouse

312 Princess Place, Morrisville, NC 27560

Price drop
TriangleMLS
$440,000
4 bd
|
3.5 ba
|
2,177 sq ft
|
Townhouse

9240 Wooden Road, Raleigh, NC 27617

Status: Active

Tomo last checked: 02/21/2025 at 10:45 PM

Listing updated: 02/18/2025 at 10:01 AM

Listed by: Libby Azzarello, Choice Residential Real Estate Phone #: (919) 720-4991

MLS: TriangleMLS #10076284

TriangleMLS logo

Recently listed in Durham

$715,000|6 bd|4.0 ba|House
$384,990|4 bd|3.5 ba|Townhouse
$581,400|5 bd|3.0 ba|House
$612,060|5 bd|3.0 ba|House
$315,000|3 bd|2.0 ba|Townhouse
$295,000|3 bd|2.5 ba|Townhouse
$769,000|5 bd|2.5 ba|House
$625,000|4 bd|2.5 ba|House
$349,900|2 bd|1.0 ba|House