Seller's Agent in 2025
Terri Turner
Real Broker, LLC
(919) 923-2345
68 Total Sales
1021 Reaves Dr Chapel Hill, NC 27516
4
Beds
5
Baths
3,922
Sq Ft
1.6
Acres
Highlights
- Deck
- Contemporary Architecture
- Wood Flooring
- C and L Mcdougle Elementary School Rated A
- Cathedral Ceiling
- Main Floor Primary Bedroom
About This Home
As of May 2025Expansive and architecturally interesting, this custom built brick home is on the market for the first time! The home is flooded with natural light from expansive windows and skylights. The floorplan offers superb flexability with the Primary BR on the main level, two laundry rooms, bonus rooms in opposite wings and a suite of rooms that can easily serve as a teen wing or for multi-generational living. Located off Neville Rd in a small, unrestricted subdivision - you can have a clothesline or raise somechickens! Come see it.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,750
Year Built
- Built in 2005
Lot Details
- 1.6 Acre Lot
- The property's road front is unimproved
- Property fronts a private road
- Corner Lot
- Rectangular Lot
- Level Lot
- Back and Front Yard
Parking
- 3 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Contemporary Architecture
- Bi-Level Home
- Brick Veneer
- Brick Foundation
- Shingle Roof
Interior Spaces
- 3,922 Sq Ft Home
- Smooth Ceilings
- Cathedral Ceiling
- Mud Room
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Laundry Room
- Attic
Kitchen
- Breakfast Bar
- Double Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Primary bathroom on main floor
- Private Water Closet
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Deck
Schools
- Mcdougle Elementary And Middle School
- Chapel Hill High School
Utilities
- Cooling Available
- Heating System Uses Gas
- Heat Pump System
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Joseph Reaves Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 9768086198
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
May 15, 2025
Sold by
White Leonard C and White Shelby J
Bought by
Cavanaugh David and Cayer Sarah
Seller's Agent
Terri Turner
Real Broker, LLC
Buyer's Agent
Derrick Taylor
DASH Carolina
List Price
$825,000
Sold Price
$825,000
Views
46
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
$3,188
Avg. Annual Appreciation
1.21%
Original Mortgage
$701,250
Outstanding Balance
$699,382
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$128,806
Purchase Details
Closed on
Jan 29, 2005
Sold by
Farrington William Odell and Farrington Dorothy Croker
Bought by
White Leonard C and White Shelby J
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $825,000 | None Listed On Document | |
| Warranty Deed | $37,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $701,250 | New Conventional | |
| Previous Owner | $321,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $112,000 | Stand Alone Second | |
| Previous Owner | $245,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Sold | $825,000 | 0.0% | $210 / Sq Ft |
| 04/27/2025 04/27/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $825,000 | -- | $210 / 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 |
|---|---|---|---|---|
| 2024 | $7,047 | $576,100 | $69,200 | $506,900 |
| 2023 | $6,892 | $576,100 | $69,200 | $506,900 |
| 2022 | $6,696 | $576,100 | $69,200 | $506,900 |
| 2021 | $6,624 | $576,100 | $69,200 | $506,900 |
| 2020 | $7,055 | $579,300 | $60,100 | $519,200 |
| 2018 | $6,886 | $579,300 | $60,100 | $519,200 |
| 2017 | $6,779 | $579,300 | $60,100 | $519,200 |
| 2016 | $6,779 | $557,650 | $55,939 | $501,711 |
| 2015 | $6,779 | $557,650 | $55,939 | $501,711 |
| 2014 | $6,759 | $557,650 | $55,939 | $501,711 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Turner
-
Derrick Taylor
Buyer's Agent in 2025
Derrick Taylor
DASH Carolina
(919) 520-8379
66 Total Sales
Map
Source: Doorify MLS
MLS Number: 10086075
APN: 9768086198
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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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