NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,099,000

4 Beds
3 Baths
3,479 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 114 Hillspring Ln, Chapel Hill, NC 27516 and is currently estimated at $1,011,849, approximately $290 per square foot. 114 Hillspring Ln is a home located in Orange County with nearby schools including Scroggs Elementary School, Culbreth Middle School, and Carrboro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2015
Sold by
Merritt Bradley G and Merritt Valerie
Bought by
Nieman Jeffrey and Nieman Stephanie
Current Estimated Value
$1,011,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Gerhardt Michael and Gerhardt Deborah
Bought by
Merritt Bradley G and Merritt Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Wagner John D and Hancock Leita M
Bought by
Gerhardt Michael and Gerhardt Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.98%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2003
Sold by
Madden Thomas J and Madden Rosalina M
Bought by
Wagner John D and Hancock Leita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Nieman Jeffrey $515,000 None Available
Merritt Bradley G $541,000 None Available
Gerhardt Michael $520,000 --
Wagner John D $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieman Stephanie $370,100
Closed Nieman Jeffrey $412,000
Previous Owner Merritt Bradley G $541,000
Previous Owner Gerhardt $77,500
Previous Owner Gerhardt $28,000
Previous Owner Gerhardt Michael $359,650
Previous Owner John John D $50,000
Previous Owner Wagner John D $318,750
Previous Owner Thomas Thomas J $15,000
Closed Gerhardt Michael $82,350
Source: Public Records

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 $10,382 $611,300 $185,000 $426,300
2023 $10,079 $610,300 $185,000 $425,300
2022 $9,657 $610,300 $185,000 $425,300
2021 $9,532 $610,300 $185,000 $425,300
2020 $9,022 $541,600 $185,000 $356,600
2018 $8,819 $541,600 $185,000 $356,600
2017 $8,925 $541,600 $185,000 $356,600
2016 $8,925 $541,053 $113,090 $427,963
2015 $8,925 $541,053 $113,090 $427,963
2014 $8,879 $541,053 $113,090 $427,963
Source: Public Records

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