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240 Falls Village Dr; Durham, NC Property Details

240 Falls Village Dr, Durham, NC is a Single Family. This property is currently Financed,New Construction and is not for sale. Our records show that 240 Falls Village Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,459 square feet. The lot size of 240 Falls Village Dr is 8,276 square feet.

Off market
240 Falls Village Dr Durham, NC 27703
$542,994 Estimated Value
3 Beds
2.5 Baths
2,459 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $537,500
  • Open Loans / Balance: 1 / $78,627
  • Est. Equity / %: $503,373 / 86.49%
  • Gross Yield: 5.926%
  • APN: 232795
  • Situs County: Durham
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 2,459/SqFt
  • Lot: 8,276/SqFt
  • Living: 2,459/SqFt
  • Building: 2,459/SqFt
  • Price Per Square Foot: $218.58

Legal Description

  • Description: FALLS VILLAGE/LT#035 PL:000206-000263
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.982063 / -78.769356
  • Subdivision: Falls Village
  • Property Class: Residential
  • Zoning: RR
  • County Use Code: 111

Amenities

  • Plus Four: 7216

HOA

  • H O A One: $275
  • H O A Amount: $275
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

240 Falls Village Dr has no associated ownership info
240 Falls Village Dr has no associated ownership info.

Taxes

240 Falls Village Dr has 10 associated Taxes items

240 Falls Village Dr, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $542,994. The APN we've located for 240 Falls Village Dr is 232795.

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Taxes
  • Assessed Value:  $542,994
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  232795
  • Assessed Land Value:  107100
  • Market Land Value:  107100
  • Tax Amount:  5518.45
  • Tax Year:  2026
  • Market Value:  542994
  • Market Year:  2026

Tax History

240 Falls Village Dr has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $542,994 Land Value $107,100 Improvement Value $435,894 Tax Amount $5,518.45 Change Rate +0.025218% Assessed CR Tax Rate +0.010163%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,382.71 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $332,779 Land Value $125,000 Improvement Value $207,779 Tax Amount $5,382.71 Change Rate +0.159582% Assessed CR Tax Rate +0.016175%
Year 2023 Assessed Value $125,000 Land Value $125,000 Improvement Value Tax Amount $4,641.94 Change Rate Assessed CR Tax Rate +0.037136%