NOT LISTED FOR SALE

1115 Old School Rd Chapel Hill, NC 27516

Estimated Value: $735,000 - $1,011,557

3 Beds
2 Baths
2,360 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $510,000 $216 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,281/month

29 Days on Market

Highlights

  • Above Ground Pool
  • Waterfront
  • Vaulted Ceiling
  • C and L Mcdougle Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of October 2016

Stunning Priv Home Just Outside Carrboro On 8.5 Acres Bordered By Yr Rnd Stream. 1000+Sf Addition & Renov In 2006. Wd Flrs, Soaring Ceilings, Lots Of Glass, Remodeled Kitch & Baths. Granite, Ss. Decks, Patio, Lg Scrn Prch, Salt Water Pool. Great Views. Gas & Wd Burning Stoves In Mbr & Lr. Mba/Spa W/Lg Dbl Jetted Tub. Walk-In Showers. Fenced Yd, Sprinkler Sys, O/Door Lighting, Groomed Trails. Impeccably Maintained. Serene. Warranty.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,420

Year Built

  • 1993

Lot Details

  • 8.49 Acre Lot
  • Waterfront
  • Fenced Yard
  • Landscaped
  • Irregular Lot
  • Zoning described as resd

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • 2 Fireplaces
  • Insulated Windows
  • Screened Porch
  • Dryer
  • Basement

Kitchen

  • Gas Range
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Zoned Cooling
  • Heating System Uses Propane

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 9767843675

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,420

Year Built

1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.49
  • Lot Size: 8.49
  • Directions: 54E R On Jones Ferry Cross University Lake L On Old School. Continue On Priv Gravel Road At End Of Paved Rd. Home Is Down Last Drive To The Right. Not Visible From The Road.
  • Architectural Style: Contemporary
  • Unit Levels: One and One Half
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: Built-in Features, Granite Counters, Jetted Tub, Other, Pantry, Vaulted Ceiling(s)
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Irregular Lot, Landscaped
  • Pool Features: Above Ground
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Other
  • Exterior Features: Fence, Outdoor Grill
  • Patio And Porch Features: Deck, Patio, Screened

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes

Lot Info

  • Parcel #: 9767843675
  • Zoning Description: resd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2016
Closed on
Oct 4, 2016
Sold by
Glass Jerome D and Pate Sherry D
Bought by
Schonborn Frederich and Holt Jonathan
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$906,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,889
Avg. Annual Appreciation
6.58%
Original Mortgage
$408,000
Outstanding Balance
$326,209
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$580,680

Purchase Details

Closed on
Jul 27, 2005
Sold by
Winston Judith Ann and Kanne Carmen
Bought by
Glass Jerome D and Pate Sherry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,950
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schonborn Frederich $510,000 None Available
Glass Jerome D $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schonborn Frederich $408,000
Previous Owner Glass Jerome D $227,950
Closed Glass Jerome D $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $510,000 -2.9% $216 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $525,000 -- $222 / Sq Ft
Source: Alamance Multiple Listing Service

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 $6,420 $723,800 $280,400 $443,400
2024 $6,708 $570,400 $219,700 $350,700
2023 $6,554 $570,400 $219,700 $350,700
2022 $6,445 $570,400 $219,700 $350,700
2021 $6,374 $570,400 $219,700 $350,700
2020 $6,046 $506,100 $180,900 $325,200
2018 $5,947 $506,100 $180,900 $325,200
2017 $4,201 $506,100 $180,900 $325,200
2016 $4,201 $345,054 $133,121 $211,933
2015 $4,201 $345,054 $133,121 $211,933
2014 $4,181 $345,054 $133,121 $211,933
Source: Public Records

Map

Source: Alamance Multiple Listing Service

MLS Number: 92632

APN: 9767843675

North Carolina Orange County Chapel Hill 27516

1115 Old School Rd, Chapel Hill, NC

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