NOT LISTED FOR SALE

1007 Monterey Valley Dr Chapel Hill, NC 27516

Estimated Value: $1,018,000 - $1,316,000

4 Beds
3.5 Baths
3,798 Sq Ft
$304/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $940,908 $248 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,959/month

3 Days on Market

Highlights

  • Waterfront
  • Deck
  • Transitional Architecture
  • Culbreth Middle School Rated A
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of April 2022

Sophisticated, all brick executive home on scenic 5+ acre wooded lot with creek nearby! Enjoy the best of both worlds - a quiet, private retreat of your very own close to UNC, RTP, & Duke! Custom trim work, lots of natural lighting, & gleaming hardwoods throughout. Luxurious master suites located on main level w bay windows! Gourmet kitchen, island with butler's pantry & granite countertops. Spacious screened porch & deck for entertaining that overlooks wooded yard! Huge Bonus room w office & W/u attic!

Last Agent to Sell the Property

Thomas Wohl

EXP Realty LLC License #144220 Listed on: 03/15/2022

EXP Realty LLC

Last Buyer's Agent

Susan Worthy

Fathom Realty NC, LLC License #253832

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,691

Year Built

  • Built in 1994

Lot Details

  • 5.02 Acre Lot
  • Waterfront
  • Wooded Lot
  • Landscaped with Trees
  • Garden

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Brick Veneer

Interior Spaces

  • 3,798 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Water Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Butlers Pantry
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Permanent Attic Stairs
  • Unfinished Attic

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Northside Elementary School
  • Grey Culbreth Middle School
  • Carrboro High School

Utilities

  • Zoned Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Association fees include road maintenance
  • Monterey Valley HOA
  • Monterey Valley Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,691

Year Built

Built in 1994

Lot Details

0

HOA Fees

$192 per month

Parking

2

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Monterey Valley
  • Above Grade Finished Sq Ft: 3798.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • Attic Features Unfinished2: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 3798.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 218671.2
  • General Property Information Lot Size Acres: 5.02
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Butler's Pantry, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Masonry, Sealed Combustion
  • Fireplaces: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Attic Features:Floored: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: To Be Added
  • Exterior Features: Rain Gutters
  • Acres: 5.02
  • Waterfront: Yes
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Garage Faces Side, Gravel
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 2300.0
  • Association Fee Frequency: Annually
  • Association Name: Monterey Valley HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Monterey Valley HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 2300.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: CH/Carrboro - Carrboro
  • Middle Or Junior School: CH/Carrboro - Grey Culbreth

Lot Info

  • Zoning: res
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 218671.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8691.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 20, 2022
Sold by
Rhodes Paul L and Rhodes Nancy M
Bought by
Faust Irene and Blumenkopf Neil D
Seller's Agent
Thomas Wohl
EXP Realty LLC
Buyer's Agent
Susan Worthy
Fathom Realty NC, LLC
List Price
$925,000
Sold Price
$940,908
Premium/Discount to List
$15,908
1.72%
Current Estimated Value
$1,156,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,106
Avg. Annual Appreciation
6.02%
Original Mortgage
$636,000
Outstanding Balance
$594,832
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$561,182

Purchase Details

Closed on
Feb 22, 2005
Sold by
Hopfer Eileen B
Bought by
Rhodes Paul L and Rhodes Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,500
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Faust Irene $941,000 None Listed On Document
Rhodes Paul L $612,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faust Irene $636,000
Previous Owner Rhodes Paul L $600,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $940,908 -- --
04/20/2022 04/20/22 Sold $940,908 +1.7% $248 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $925,000 -- $244 / 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
2025 $8,588 $973,600 $269,300 $704,300
2024 $9,564 $818,400 $215,400 $603,000
2023 $9,342 $818,400 $215,400 $603,000
2022 $8,789 $782,500 $215,400 $567,100
2021 $8,692 $782,500 $215,400 $567,100
2020 $8,761 $738,900 $215,400 $523,500
2018 $8,635 $738,900 $215,400 $523,500
2017 $9,195 $738,900 $215,400 $523,500
2016 $9,195 $764,984 $226,871 $538,113
2015 $9,193 $764,984 $226,871 $538,113
2014 $9,163 $764,984 $226,871 $538,113
Source: Public Records

Agents Affiliated with this Home

  • Thomas Wohl

    Seller's Agent in 2022

    Thomas Wohl

    EXP Realty LLC

    (919) 601-3005

    187 Total Sales

    Thomas Wohl
    Section Image
  • Susan Worthy

    Buyer's Agent in 2022

    Susan Worthy

    Fathom Realty NC, LLC

    (919) 428-0833

    39 Total Sales

    Susan Worthy
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2436778

Doorify MLS

APN: 9767859165

North Carolina Orange County Chapel Hill 27516

1007 Monterey Valley Dr, Chapel Hill, NC

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