NOT LISTED FOR SALE

1 Banbury Ln Unit 1 Chapel Hill, NC 27517

Estimated Value: $321,000 - $365,000

2 Beds
1.5 Baths
1,602 Sq Ft
$280/mo HOA Fee

Last Sold December 01, 2022

Last sale price $275,000 $172 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,435/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • End Unit
  • Ephesus Elementary School Rated A
  • Sun or Florida Room
  • 4-minute walk to Burlington Park

About This Home

As of December 2022

Convenient Chapel Hill end-unit condo that lives like a townhouse. NEW PAINT throughout, NEW CARPET! NEW light fixtures! This two bed/1.5 bath condo is ready for a new owner. Gorgeous sunroom with built in storage brings much light from a private yard with plenty of mature trees. Large living room with great views out of the stately bay window. Located on the BUS LINE. Walk to nearby shops, groceries, and elementary school. HOA includes the exterior and roof. Refrig, Washer and Dryer convey!

Last Agent to Sell the Property

Jennifer Patterson

Keller Williams Elite Realty License #238227 Listed on: 10/27/2022

Keller Williams Elite Realty

Last Buyer's Agent

Chris Culbreth

Tony Hall & Associates License #165073

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1975

Lot Details

  • End Unit

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Masonite

Interior Spaces

  • 1,602 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

  • Ephesus Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, sewer
  • Onyx Mgmt Association
  • Oxford Condos Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,936

Year Built

Built in 1975

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Year Built: 1975
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer
  • Subdivision Name: Oxford Condos
  • Above Grade Finished Sq Ft: 1602.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: NA
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Colonial: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1602.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Refrigerator, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Brick, Masonite
  • Foundation Details: Slab
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association Name: Onyx Mgmt
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Onyx Mgmt
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 280.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Dimensions: NA

Tax Info

  • Tax Annual Amount: 2936.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Nov 16, 2022
Sold by
Peterson Diane M
Bought by
Corwin Marie E
Seller's Agent
Jennifer Patterson
Keller Williams Elite Realty
Buyer's Agent
Chris Culbreth
Tony Hall & Associates
List Price
$275,000
Sold Price
$275,000
Views
32
Current Estimated Value
$349,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,782
Avg. Annual Appreciation
8.81%
Original Mortgage
$170,000
Outstanding Balance
$162,720
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$187,062

Purchase Details

Closed on
Jun 27, 2008
Sold by
Eckel Stephen F and Eckel Bettina
Bought by
Peterson Diane M

Purchase Details

Closed on
Aug 21, 2002
Sold by
Jones R Michael and Jones Greta J
Bought by
Eckel Stephen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Corwin Marie E $275,000 --
Peterson Diane M $192,000 None Available
Eckel Stephen F $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corwin Marie E $170,000
Previous Owner Eckel Stephen F $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $275,000 -- --
12/01/2022 12/01/22 Sold $275,000 0.0% $172 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $275,000 -- $172 / Sq Ft
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
2024 $3,533 $200,700 $0 $200,700
2023 $3,442 $200,700 $0 $200,700
2022 $3,196 $193,700 $0 $193,700
2021 $3,156 $193,700 $0 $193,700
2020 $3,201 $184,700 $0 $184,700
2018 $3,122 $184,700 $0 $184,700
2017 $3,097 $184,700 $0 $184,700
2016 $3,097 $182,023 $40,324 $141,699
2015 $3,097 $182,023 $40,324 $141,699
2014 $3,054 $182,023 $40,324 $141,699
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Patterson

    Seller's Agent in 2022

    Jennifer Patterson

    Keller Williams Elite Realty

    (919) 824-7981

    121 Total Sales

    Jennifer Patterson
    Section Image
  • Chris Culbreth

    Buyer's Agent in 2022

    Chris Culbreth

    Tony Hall & Associates

    (919) 602-5678

    108 Total Sales

    Chris Culbreth
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2481207

Doorify MLS

APN: 9799447715.001

North Carolina Orange County Chapel Hill 27517

1 Banbury Ln Unit 1, Chapel Hill, NC

This home is located at 1 Banbury Ln Unit 1, Chapel Hill, NC 27517 since 27 October 2022 and is currently estimated at $349,782, approximately $218 per square foot. This property was built in 1975. 1 Banbury Ln Unit 1 is a home located in Orange County with nearby schools including Ephesus Elementary School, Phillips Middle School, and East Chapel Hill High School.

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.

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