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Sold for $500,000 on 07/23/25
  • $500,000

    1033 Masters Place Way, Durham, NC 27703

    2beds
    2,214sqft
    Single Family Residence
    Built in 2025
    -- sqft lot
    $489,300 Zestimate®
    $226/sqft
    $2,342 Estimated rent

    Home value

    $489,300

    $460,000 - $519,000

    $2,342/mo

    Zestimate® history
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    $2,874/mo

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    What's special

    Live the lifestyle you've been waiting for at Falls Village, a 55+/Active Adult golf course community near downtown Durham. With included lawn care, a clubhouse, pool, pickleball courts, scenic trails, and easy access to Falls Lake, every day offers something to enjoy- whether you're exploring outdoors or relaxing at home. The Fontana floor plan offers the perfect blend of comfort and flexibility with 2 bedrooms, 2.5 baths, and smart spaces throughout. Just off the foyer, a secondary bedroom and a versatile study are ready to fit your lifestyle- ideal for guests, hobbies, or a quiet home office. The heart of the home is the open-concept kitchen, featuring a large pantry and expansive island that flows into the dining area and spacious family room with fireplace- perfect for entertaining or quiet nights in. Step outside to the covered patio for morning coffee or evening chats under the stars. Tucked off the main living area, the private primary suite is a true retreat with a huge walk-in closet and a spa-like bath. A pocket office, mudroom, and laundry room offer everyday ease, while the attached 2-car garage adds extra storage- including room for golf gear or seasonal items. Photos shown are from a similar home. Contact us to schedule a tour or visit the decorated model homes today!

    Zillow last checked: July 01, 2025 at 07:12am

    Listing updated: July 01, 2025 at 07:12am

    Source: Stanley Martin HomesMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 2,214 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Details
    • Parcel number: 232874

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder name: Stanley Martin Homes

    Community & neighborhood

    Location
    • Region: Durham
    • Subdivision: Falls Village

    Price history

    DateEventPrice
    7/23/2025Sold$500,000$226/sqft
    Source: Public Record
    6/11/2025Price change$500,000-9.1%$226/sqft
    Source: Stanley Martin Homes
    5/21/2025Price change$550,000-4.1%$248/sqft
    Source: Stanley Martin Homes
    5/17/2025Listed for sale$573,485$259/sqft
    Source: Stanley Martin Homes

    Public tax history

    YearProperty taxesTax assessment
    2025$1,053 -39.6%$106,200 -15%
    2024$1,744 +6.5%$125,000
    2023$1,637 $125,000

    Find assessor info on the county website

    Neighborhood: 27703

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $489,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $489,300