NOT LISTED FOR SALE

111 Ridge Ln Chapel Hill, NC 27514

Estimated Value: $1,050,000 - $1,254,000

2 Beds
2 Baths
1,433 Sq Ft
$824/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $1,275,000 $890 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,292/month

2 Days on Market

Highlights

  • The property is located in a historic district
  • View of Trees or Woods
  • Wood Flooring
  • Glenwood Elementary School Rated A
  • Traditional Architecture
  • 5-minute walk to Battle Park

About This Home

As of March 2024

Classic Charm meets modern elegance in this remodeled 2 Bedroom and 2 bathroom + office cottage in desirable Gimghoul neighborhood. Walk to UNC campus, Franklin street, or across the street to Battle Park. Showcasing timeless style and sophistication the updated kitchen boasts custom cabinetry, mosaic tile backsplash, Wolf range,Subzero paneled refrigerator, Czech & Speak bridge faucet, and a shaw porcelain apron sink. A must see with designer tile, Scalamandre wallpaper, master bathroom with Ballista sink and Rohl English Faucet. Enjoy your morning coffee on not one but two available generous screened porches. Hardwood floors. Custom moldings, plantation shutters make the home feel complete. Don't miss the EXTRA 724 square feet basement ( w/ low ceilings so not included in square footage) which includes one additional bedroom/bathroom, a refreshed kitchenette and bonus room. Seller updated roof, hardscaping, sprinklers and more. On flat .34 of an acre enjoy this quaint cottage or add on to make it yours.

Last Agent to Sell the Property

Rebecca Paul

Berkshire Hathaway HomeService License #222588 Listed on: 02/22/2024

Berkshire Hathaway HomeService

Last Buyer's Agent

Kathy Shaw

Keller Williams Realty United License #287994

Keller Williams Realty United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,649

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Natural State Vegetation
  • Irrigation Equipment
  • Cleared Lot
  • Private Yard

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Woods
  • Neighborhood

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,433 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Crown Molding
  • Skylights
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry on main level
  • Wood Flooring
  • Unfinished Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Bathtub with Shower

Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Crawl Space

Parking

  • 5 Parking Spaces
  • No Garage
  • Gravel Driveway
  • Paved Parking
  • 5 Open Parking Spaces

Schools

  • Northside Elementary School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • The property is located in a historic district

Community Details

  • Gimghoul HOA, Phone Number (443) 791-1222
  • Gimghoul Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9788872202

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,649

Year Built

Built in 1934 | Remodeled

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Year Built: 1934
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street
  • Reso Association Fee Includes: None
  • Subdivision Name: Gimghoul
  • Above Grade Finished Sq Ft: 1433.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Lower
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 4437911222
  • General Property Information Senior Community YN: No
  • Community Features Historical Area: Yes
  • Basement Heated3: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Horse YN2: No
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1433.0
  • General Property Information Carport YN: No
  • Vegetation Cleared2: Yes
  • Room Types Primary Bathroom Level: Main
  • Utilities Sewer Connected: Yes
  • View Neighborhood4: Yes
  • Property Condition UpdatedRemodeled: Yes
  • View TreesWoods: Yes
  • General Property Information Lot Size Square Feet2: 14810.4
  • Vegetation Natural State: Yes
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Built-in Features, Crown Molding, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Kitchen/Dining Room Combination, Storage
  • Basement: Crawl Space, Exterior Entry, Finished, Heated, Walk-Up Access
  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter, Living Room
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Basement Finished: Yes
  • Fireplace Features:Gas Starter: Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Walk-Up Access: Yes

Exterior Features

  • Exterior Features: Private Yard, Storage
  • Acres: 0.34
  • Home Warranty: No
  • Window Features:Skylight(s): Yes
  • Exterior Features:Storage2: Yes
  • Exterior Features:Private Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
  • Parking Features: Gravel, No Garage, Paved
  • Total Parking Spaces: 5.0
  • Parking Features:Gravel: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:No Garage: Yes
  • General Property Information:Parking Total: 5.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 5.0

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Central, Fireplace(s), Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: Historical Area, Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association Name: Gimghoul HOA
  • Phone: 443-791-1222
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Gimghoul HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 9788872202

Tax Info

  • Tax Annual Amount: 11649.36
  • Tax Year: 2024

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Grimes Beth Yount and Grimes Samuel Latham
Bought by
Smith Nancy and Smith Ryan
Current Estimated Value
$1,180,425

Purchase Details

Listed on
Feb 22, 2024
Closed on
Feb 29, 2024
Sold by
Murphy Mary C
Bought by
Grimes Beth Yount and Grimes Samuel Latham
Seller's Agent
Rebecca Paul
Berkshire Hathaway HomeService
Buyer's Agent
Kathy Shaw
Keller Williams Realty United
List Price
$1,099,900
Sold Price
$1,275,000
Premium/Discount to List
$175,100
15.92%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.91%

Purchase Details

Closed on
Jul 24, 2023
Sold by
Murphy Edward James and Murphy Mary C
Bought by
Murphy Mary C

Purchase Details

Closed on
Sep 9, 2020
Sold by
Thorp Lindsay
Bought by
Murphy Edward Jame and Murphy Mary C

Purchase Details

Closed on
Oct 25, 2013
Sold by
Marilyn P Pratt Revocable Inter Vivos Tr
Bought by
Thorp Lindsay
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
Smith Nancy $1,195,000 None Listed On Document
Smith Nancy $1,195,000 None Listed On Document
Grimes Beth Yount $1,275,000 None Listed On Document
Grimes Beth Yount $1,275,000 None Listed On Document
Murphy Mary C -- None Listed On Document
Murphy Mary C -- None Listed On Document
Murphy Edward Jame $785,000 None Available
Thorp Lindsay $616,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $1,275,000 +15.9% $890 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $1,099,900 -- $768 / 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
2024 $11,983 $710,300 $450,000 $260,300
2023 $11,649 $710,300 $450,000 $260,300
2022 $11,159 $710,300 $450,000 $260,300
2021 $11,013 $710,300 $450,000 $260,300
2020 $11,456 $694,600 $450,000 $244,600
2018 $0 $694,600 $450,000 $244,600
2017 $9,922 $694,600 $450,000 $244,600
2016 $9,922 $604,600 $355,000 $249,600
2015 $9,922 $604,600 $355,000 $249,600
2014 -- $578,543 $355,000 $223,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10012938

Doorify MLS

APN: 9788872202