101 Madera Ln Chapel Hill, NC 27517
Mount Carmel NeighborhoodEstimated payment $3,266/month
Highlights
- Partially Wooded Lot
- Culbreth Middle School Rated A
- Corner Lot
About This Lot
An incredible chance to design and build your ideal home in one of Chapel Hill's most sought-after locations, experience the feeling of seclusion whilst enjoying the benefits of The Reserve neighborhood. This prime lot offers the perfect blend of privacy and convenience all just minutes from everything that makes Chapel Hill so special. Located just off Mt Carmel Church Road, and mere moments to Southern Village, UNC, and countless shops and restaurants, this property places you right in the center of it all yet still offers a peaceful, residential setting. Highly desirable, gentle topography with skyline views beyond. Tucked within the coveted CHCCS school district, this homesite is a rare gem with endless potential. Owasa water and sewer, Duke electric, Enbridge gas on site. Whether you're envisioning a modern masterpiece or a timeless classic, this is the canvas you've been waiting for. Don't miss this opportunity to build in a location that truly has it all.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,802
Lot Details
- 0.99 Acre Lot
- Corner Lot
- Cleared Lot
- Partially Wooded Lot
- Landscaped with Trees
HOA Fees
- $815 Monthly HOA Fees
Schools
- Northside Elementary School
- Grey Culbreth Middle School
- Carrboro High School
Community Details
- Cedar Management Group Association, Phone Number (877) 252-3327
- The Reserve Subdivision
Listing and Financial Details
- Assessor Parcel Number 9787974619
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,768 | $846,600 | $200,000 | $646,600 |
| 2024 | $8,202 | $672,200 | $166,000 | $506,200 |
| 2023 | $8,020 | $672,200 | $166,000 | $506,200 |
| 2022 | $7,892 | $672,200 | $166,000 | $506,200 |
| 2021 | $7,808 | $672,200 | $166,000 | $506,200 |
| 2020 | $7,951 | $640,700 | $166,000 | $474,700 |
| 2018 | $7,829 | $640,700 | $166,000 | $474,700 |
| 2017 | $8,973 | $640,700 | $166,000 | $474,700 |
| 2016 | $8,973 | $717,062 | $175,524 | $541,538 |
| 2015 | $8,973 | $717,062 | $175,524 | $541,538 |
| 2014 | $8,953 | $717,062 | $175,524 | $541,538 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | Pending | -- | -- | -- |
| 03/05/2026 03/05/26 | Price Changed | $437,500 | -7.9% | -- |
| 02/11/2026 02/11/26 | Price Changed | $475,000 | -4.0% | -- |
| 12/02/2025 12/02/25 | For Sale | $495,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,000 | No Value Available | |
| Closed | $490,000 | No Value Available |
Source: Doorify MLS
MLS Number: 10135446
APN: 9787974619
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Ask me questions while you tour the home.