NOT LISTED FOR SALE

111 Schultz St Unit 19B Chapel Hill, NC 27514

Estimated Value: $241,000 - $287,000

2 Beds
2.5 Baths
1,112 Sq Ft
$225/mo HOA Fee

Last Sold August 18, 2023

Last sale price $246,000 $221 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,869/month

3 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Tennis Courts
  • Estes Hills Elementary School Rated A
  • Traditional Architecture
  • Porch

About This Home

As of August 2023

Offer accepted; waiting on receiving DD. Spacious 2 upstairs bedrooms each with an en-suite full bath. Well equipped kitchen with stacked washer and dryer. Separate dining and large living room leads to covered balcony deck that overlooks a good size community swimming pool. Good public schools - walk to East Chapel Hill High School. Walk to two shopping centers with Food Lion, Harris Teeter, US Post Office, UNC Health Care clinics, hardware store, Walgreens, movie theaters and many restaurants. On routes of free bus to UNC-Chapel Hill and everywhere in Chapel Hill and Carrboro. HoA fees cover water and sewer, so water is 'free'.

Last Agent to Sell the Property

J.B. Hu

CHK Realty License #260529 Listed on: 07/16/2023

CHK Realty

Last Buyer's Agent

Maggie Petree

Keller Williams Realty Cary License #314658

Keller Williams Realty Cary

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,259

Year Built

  • Built in 1984

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Parking

  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Porch

Schools

  • Estes Hills Elementary School
  • Smith Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, water
  • Kensington Trace Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,259

Year Built

Built in 1984

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Water
  • Subdivision Name: Kensington Trace
  • Above Grade Finished Sq Ft: 1112.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: NA
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Pool Features In Ground: Yes
  • General Property Information Above Grade Finished Area: 1112.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Entrance Foyer, Living/Dining Room Combination
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, On Street, Parking Lot
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 225.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: NA

Tax Info

  • Tax Annual Amount: 2259.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Aug 16, 2023
Sold by
Wu Zongwen and Wu Man
Bought by
Kwan Kit Wai and Zou Xiuyun
Seller's Agent
J.B. Hu
CHK Realty
Buyer's Agent
Maggie Petree
Keller Williams Realty Cary
List Price
$236,500
Sold Price
$246,000
Premium/Discount to List
$9,500
4.02%
Views
22
Current Estimated Value
$259,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,748
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
May 24, 2019
Sold by
Fomitcheva Elena V and Chumakov Vladimir
Bought by
Wu Zongwen

Purchase Details

Closed on
Jul 20, 2018
Sold by
Yu Xiao
Bought by
Fomitcheva Elena V

Purchase Details

Closed on
Jun 24, 2015
Sold by
Cox Kevin D
Bought by
Yu Xiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2005
Sold by
Nouri Mehdi and Nouri Mitra
Bought by
Cox Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2003
Sold by
Yazdy Ali Mirmiran and Sokhandan Mehrgan
Bought by
Nouri Mehdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Kwan Kit Wai $246,000 None Listed On Document
Wu Zongwen $135,500 None Available
Fomitcheva Elena V $130,000 None Available
Yu Xiao $105,000 None Available
Cox Kevin D $96,000 --
Nouri Mehdi $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Xiao $55,000
Previous Owner Cox Kevin D $75,200
Previous Owner Nouri Mehdi $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $246,000 -- --
08/18/2023 08/18/23 Sold $246,000 +4.0% $221 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $236,500 -- $213 / 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 $3,388 $247,600 $0 $247,600
2024 $2,412 $134,100 $0 $134,100
2023 $2,352 $134,100 $0 $134,100
2022 $2,259 $134,100 $0 $134,100
2021 $2,232 $134,100 $0 $134,100
2020 $1,843 $102,000 $0 $102,000
2018 $1,794 $102,000 $0 $102,000
2017 $1,899 $102,000 $0 $102,000
2016 $1,899 $108,716 $8,858 $99,858
2015 $1,899 $108,716 $8,858 $99,858
2014 $1,840 $108,716 $8,858 $99,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2521869

Doorify MLS

APN: 9880567003.056