S
Seller's Agent in 2024
Susie Shachtman
Fathom Realty NC, LLC
(919) 444-3058
11 in this area
23 Total Sales
115 Araya Ln Chapel Hill, NC 27516
Estimated Value: $298,350
4.97
Acres
$60,030
Price per Acre
216,493
Sq Ft Lot
Highlights
- 4.97 Acre Lot
- Wooded Lot
- Lot Has A Rolling Slope
- Margaret B. Pollard Middle School Rated A-
About This Lot
As of June 2024Beautiful almost 5 acre lot in the Glen Ridge neighborhood in North Chatham county, near the Orange county line, 10 minutes to Chapel Hill. Gorgeous hardwoods with a small, clear running creek on the back line of the lot. Several potential building sites including one overlooking the creek. Gorgeous hardwoods, must walk it to really appreciate its full beauty! This lot was being held by the developer to build his next home but is now available. Close to UNC with low Chatham County taxes. Paved private road with road maintenance agreement. See photos for aerial view and plat. There is a 5 bedroom septic permit. Red tape on lot are the approximate lot lines designated by seller not from the official survey. The blue and white survey ribbons mark the proposed driveway starting at the real estate sign. HOA fee is for the private roads and is 150/year and not applicable on vacant lots. Part of sellers driveway is on the lot, the seller will have an attorney draft an easement for this.
Last Agent to Sell the Property
Fathom Realty NC, LLC License #265129 Listed on: 06/06/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $829
Lot Details
- 4.97 Acre Lot
- Property fronts a private road
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $150 Monthly HOA Fees
Schools
- Chatham Grove Elementary School
- Margaret B Pollard Middle School
- Northwood High School
Utilities
- Well Required
- Perc Test On File For Septic Tank
- Septic Needed
- Phone Available
Community Details
- Glen Ridge HOA, Phone Number (919) 942-6677
- Glen Ridge Subdivision
- The community has rules related to alterations or architectural changes
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2023
Closed on
Jun 21, 2024
Sold by
Musigny Inc
Bought by
Olsen Jordan L and Olsen Jennifer J
Seller's Agent
Susie Shachtman
Fathom Realty NC, LLC
Buyer's Agent
Eric Swartz
Landco Realty
List Price
$385,000
Sold Price
$300,000
Premium/Discount to List
-$85,000
-22.08%
Views
179
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
-$1,650
Avg. Annual Appreciation
-0.41%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olsen Jordan L | $300,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $300,000 | -14.3% | -- |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | Price Changed | $350,000 | -9.1% | -- |
| 12/15/2023 12/15/23 | For Sale | $385,000 | 0.0% | -- |
| 12/14/2023 12/14/23 | Off Market | $385,000 | -- | -- |
| 06/06/2023 06/06/23 | For Sale | $385,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $1,375 | $161,226 | $161,226 | $0 |
| 2024 | $870 | $102,019 | $102,019 | $0 |
| 2023 | $870 | $102,019 | $102,019 | $0 |
| 2022 | $799 | $102,019 | $102,019 | $0 |
| 2021 | $789 | $102,019 | $102,019 | $0 |
| 2020 | $1,058 | $136,026 | $136,026 | $0 |
| 2019 | $1,058 | $136,026 | $136,026 | $0 |
| 2018 | $994 | $136,026 | $136,026 | $0 |
| 2017 | $994 | $136,026 | $136,026 | $0 |
| 2016 | $1,002 | $136,026 | $136,026 | $0 |
| 2015 | $986 | $136,026 | $136,026 | $0 |
| 2014 | $966 | $136,026 | $136,026 | $0 |
| 2013 | -- | $136,026 | $136,026 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Susie Shachtman
-
Eric Swartz
E
Buyer's Agent in 2024
Eric Swartz
Landco Realty
(919) 636-2020
5 in this area
57 Total Sales
Map
Source: Doorify MLS
MLS Number: 2514759
APN: 76762
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 51 Araya Ln
- 34 Chestnut Way
- 103 Stonehill Rd
- 110 Wolfs Trail
- 82 Margaret Daniel Ln
- 708 October Woods Rd
- 23 Bonterra Way
- 3537 Lodge Trail
- 2306 Damascus Church Rd
- 3502 Stonegate Dr
- 594 Cedar Lake Rd Unit A & B
- 348 Cedar Lake Rd Unit A & B
- 403 Brandywine Rd
- 17 Monteith Dr
- 39 Monteith Dr
- 556 Great Ridge Pkwy
- 560 Great Ridge Pkwy
- 586 Great Ridge Pkwy
- 540 Patterson Dr
- 33 Henry Ct
- 0 Araya Ln Unit 1674868
- 0 Araya Ln Unit 1787793
- 0 Araya Ln Unit 13 TR1787793
- 0 Araya Ln Unit 13 1674868
- 0 Araya Ln Unit 13
- 130 Glen Ridge Dr
- Lot 6 Array Dr
- 122 Araya Ln
- lot 11 Glen Ridge Dr
- lot 11 Glen Ridge Dr Unit 11
- Lot 5 Glen Ridge Dr
- Lot 4 Glen Ridge Dr
- 135 Glen Ridge Dr
- 127 Araya Ln
- 127 Araya Ln Unit 13
- 171 Glen Ridge Dr
- 115 Glen Ridge Dr
- 125 Glen Ridge Dr
- 134 Araya Ln
- 380 Danning Dr