NOT LISTED FOR SALE

101 Old Spring Rd Chapel Hill, NC 27516

Estimated Value: $512,000 - $584,000

3 Beds
2.5 Baths
2,038 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $490,000 $240 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,180/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • High Ceiling
  • Morris Grove Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2022

Country living close to downtown Chapel Hill and Hillsborough and just about five minutes from Route 40. Lovingly maintained home situated on one acre with amazing detached wired workshop on property. Enjoy evenings sitting in the screened-in porch or entertain on the large deck facing the fenced-in yard. Three bedrooms, office, dining room, two living areas and large eat-in kitchen are waiting for your personal touch. HVAC has been recently replaced.

Last Agent to Sell the Property

Ellen Farber

Fathom Realty NC, LLC License #299005 Listed on: 05/11/2022

Last Buyer's Agent

Melissa D'Auvray

Coldwell Banker HPW License #323408

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1994

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 240x206x183x199
  • Fenced Yard
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,038 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Workshop
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Morris Grove Elementary School
  • Mcdougle Middle School
  • Chapel Hill High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hickory Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,731

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential
  • Subdivision Name: Hickory Forest
  • Above Grade Finished Sq Ft: 2038.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 240x206x183x199
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: 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 Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • General Property Information Above Grade Finished Area: 2038.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Vinyl, Wood
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Starter: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 1.0
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Enclosed, Porch, Screened
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - McDougle

Lot Info

  • Lot Dimensions: 240x206x183x199
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2731.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Morris Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 16, 2022
Sold by
Bell Amy Elisabeth
Bought by
Akbay Serfettin and May Shu
Seller's Agent
Ellen Farber
Fathom Realty NC, LLC
Buyer's Agent
Melissa D'Auvray
Coldwell Banker HPW
List Price
$430,000
Sold Price
$490,000
Premium/Discount to List
$60,000
13.95%
Current Estimated Value
$532,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,243
Avg. Annual Appreciation
2.49%
Original Mortgage
$390,000
Outstanding Balance
$364,687
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$167,556

Purchase Details

Closed on
Feb 10, 2021
Sold by
Bell Sean Michael
Bought by
Bell Amy Elisabeth and Cohn Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500
Interest Rate
2.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2001
Sold by
Brooke Harrison
Bought by
Bell Sean Micheal and Cohn Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
5.5%
Source: Public Records

Range of Values:

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Average Value
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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
Akbay Serfettin $490,000 None Listed On Document
Akbay Serfettin $490,000 None Listed On Document
Bell Amy Elisabeth -- None Available
Bell Sean Micheal $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akbay Serfettin $390,000
Closed Akbay Serfettin $390,000
Previous Owner Bell Amy Elisabeth $500
Previous Owner Bell Amy Elisabeth $120,500
Previous Owner Bell Sean Micheal $156,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $490,000 -- --
06/17/2022 06/17/22 Sold $490,000 +14.0% $240 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $430,000 -- $211 / 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 $4,673 $529,700 $240,000 $289,700
2024 $3,483 $292,500 $55,500 $237,000
2023 $3,406 $292,500 $55,500 $237,000
2022 $2,785 $243,200 $55,500 $187,700
2021 $2,731 $243,200 $55,500 $187,700
2020 $2,770 $231,000 $55,500 $175,500
2018 $2,720 $231,000 $55,500 $175,500
2017 $2,790 $231,000 $55,500 $175,500
2016 $2,790 $232,031 $46,873 $185,158
2015 $2,767 $232,031 $46,873 $185,158
2014 $2,747 $232,031 $46,873 $185,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2448465

Doorify MLS

APN: 9860896152