Seller's Agent in 2024
Ken Cannon
Compass -- Chapel Hill - Durham
(919) 448-4262
43 Total Sales
1002 Willow Dr Unit 82 Chapel Hill, NC 27514
Estimated Value: $246,000 - $260,000
2
Beds
1.5
Baths
942
Sq Ft
$200/mo
HOA Fee
Highlights
- Traditional Architecture
- Wood Flooring
- Stainless Steel Appliances
- Rashkis Elementary School Rated A
- Community Pool
- Shutters
About This Home
As of April 2024Welcome to your new home in Chapel Hill, NC! This charming 2-story, 2-bedroom, 1.5-bathroom condo is nestled in the sought-after Willow Terrace Condo community, conveniently located on the bus line to UNC-Chapel Hill. Recently renovated with fresh paint, flooring, countertops, and appliances, this home offers modern comfort and style. Enjoy the convenience of a community pool and picnic area, perfect for relaxation and outdoor gatherings. With its prime location, you'll have easy access to shopping, entertainment, and all that Chapel Hill has to offer. Don't miss out on this fantastic opportunity to live in the heart of it all!
Last Agent to Sell the Property
Compass -- Chapel Hill - Durham License #312765 Listed on: 02/29/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,129
Year Built
- Built in 1967 | Remodeled
Lot Details
- Two or More Common Walls
- Grass Covered Lot
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Veneer
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Lead Paint Disclosure
Interior Spaces
- 942 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Shutters
- Aluminum Window Frames
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Free-Standing Range
- Range Hood
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Additional Parking
- 2 Open Parking Spaces
- Assigned Parking
Outdoor Features
- Patio
- Rain Gutters
Schools
- Rashkis Elementary School
- Guy Phillips Middle School
- East Chapel Hill High School
Horse Facilities and Amenities
- Grass Field
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
- No Septic System
Listing and Financial Details
- Assessor Parcel Number 9799137408.082
Community Details
Overview
- Association fees include ground maintenance
- A2z Realty Association, Phone Number (919) 929-2185
- Willow Terrace Condos Subdivision
- Maintained Community
- Community Parking
Amenities
- Picnic Area
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2024
Closed on
Apr 16, 2024
Sold by
Hoyle Kevin John
Bought by
Gu Hang Yu and Chen Xiaotong
Seller's Agent
Ken Cannon
Compass -- Chapel Hill - Durham
Buyer's Agent
Xunlei Wu
Dream Services Realty, Inc.
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,795
Avg. Annual Appreciation
-0.19%
Original Mortgage
$55,000
Outstanding Balance
$53,093
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$201,064
Purchase Details
Closed on
Sep 14, 2017
Sold by
Lubin Li Yang and Lubin Yan
Bought by
Hoyle Kevin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 27, 2003
Sold by
Coward Katherine E
Bought by
Li Yang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,300
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gu Hang Yu | $255,000 | None Listed On Document | |
| Hoyle Kevin J | $128,000 | None Available | |
| Li Yang | $94,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gu Hang Yu | $55,000 | |
| Previous Owner | Hoyle Kevin J | $96,000 | |
| Previous Owner | Li Yang | $89,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $255,000 | +2.0% | $271 / Sq Ft |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $249,900 | -- | $265 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $3,538 | $259,900 | $0 | $259,900 |
| 2024 | $2,379 | $132,600 | $0 | $132,600 |
| 2023 | $2,320 | $132,600 | $0 | $132,600 |
| 2022 | $2,228 | $132,600 | $0 | $132,600 |
| 2021 | $2,201 | $132,600 | $0 | $132,600 |
| 2020 | $2,024 | $113,600 | $0 | $113,600 |
| 2018 | $1,972 | $113,600 | $0 | $113,600 |
| 2017 | $1,903 | $113,600 | $0 | $113,600 |
| 2016 | $1,903 | $109,216 | $27,663 | $81,553 |
| 2015 | $1,903 | $109,216 | $27,663 | $81,553 |
| 2014 | $1,845 | $109,216 | $27,663 | $81,553 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Cannon
-
Bill Stevenson
Seller Co-Listing Agent in 2024
Bill Stevenson
Compass -- Chapel Hill - Durham
(919) 291-3325
176 Total Sales
-
Xunlei Wu
X
Buyer's Agent in 2024
Xunlei Wu
Dream Services Realty, Inc.
(919) 308-0581
4 Total Sales
Map
Source: Doorify MLS
MLS Number: 10014243
APN: 9799137408.082
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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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