1156 Belfair Way Chapel Hill, NC 27517
Estimated Value: $562,000 - $606,000
4
Beds
2.5
Baths
2,200
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Community Pool
- Eat-In Kitchen
- Wood Flooring
- Cul-De-Sac
- Tankless Water Heater
About This Home
As of October 2023Welcome home to charming Downing Creek! This 4 bedroom home is nestled on one of the sweetest cul-de-sacs in Chapel Hill. Enjoy the convenience of living in the heart of the Triangle while taking in the coziness of the neighborhood. The spacious primary bedroom is full of natural light and has a tastefully updated en-suite bathroom. Enjoy a cup of coffee, meals with friends, and/or lots of arts and crafts/homework in the kitchen nook. There are so many memories to be made in this home! Convenient to Southpoint Mall, Downtown Chapel Hill & Durham, both Duke & UNC, RTP, RDU, and all of the fun the Triangle has to offer! Some things to love are the hardwoods throughout the first floor, a floor plan that makes sense, a huge back deck, and a phenomenal backyard. The blackberries are ripening just in time to have a snack while you move in! Do not miss your chance to live in this cute house nestled in one of Chapel Hill's most desirable neighborhoods.
Last Agent to Sell the Property
West & Woodall Real Estate - D License #327340 Listed on: 08/04/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,059
Year Built
- Built in 1988
Lot Details
- 7,405 Sq Ft Lot
- Cul-De-Sac
- Garden
HOA Fees
- $37 Monthly HOA Fees
Parking
- 1 Car Garage
- Private Driveway
Home Design
- Traditional Architecture
- Masonite
Interior Spaces
- 2,200 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Crawl Space
- Eat-In Kitchen
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Creekside Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Tankless Water Heater
- Gas Water Heater
Community Details
Overview
- Downing Creek Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2023
Closed on
Oct 3, 2023
Sold by
Bennett Bert L and Bennett Lindsey N
Bought by
Bennett Bret L and Englebretson Daniel E
Seller's Agent
Brooke Fulford
West & Woodall Real Estate - D
Buyer's Agent
Jeff Goldman
Nest Realty of the Triangle
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Total Days on Market
42
Views
193
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
$23,389
Avg. Annual Appreciation
2.45%
Original Mortgage
$532,000
Outstanding Balance
$523,936
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$59,453
Purchase Details
Closed on
Jun 27, 2017
Sold by
Yancey Trent T and Yancey Carol B
Bought by
Bennett Bert L and Bennett Lindsey N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Similar Homes in the area
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 |
|---|---|---|---|
| Bennett Bret L | $1,120 | None Listed On Document | |
| Bennett Bert L | $325,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bennett Bret L | $532,000 | |
| Previous Owner | Bennett Bert L | $260,000 | |
| Previous Owner | Yancey Trent T | $247,200 | |
| Previous Owner | Yancey Trent T | $50,000 | |
| Previous Owner | Yancey Trent T | $228,000 | |
| Previous Owner | Yancey Trent T | $65,000 | |
| Previous Owner | Yancey Trent T | $50,000 | |
| Previous Owner | Yancey Trent T | $170,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Off Market | $560,000 | -- | -- |
| 10/06/2023 10/06/23 | Sold | $560,000 | -2.6% | $255 / Sq Ft |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | Price Changed | $575,000 | -1.7% | $261 / Sq Ft |
| 08/04/2023 08/04/23 | For Sale | $585,000 | -- | $266 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $4,749 | $340,462 | $70,200 | $270,262 |
| 2023 | $4,154 | $317,152 | $70,140 | $247,012 |
| 2022 | $4,059 | $317,152 | $70,140 | $247,012 |
| 2021 | $4,040 | $317,152 | $70,140 | $247,012 |
| 2020 | $3,945 | $317,152 | $70,140 | $247,012 |
| 2019 | $3,945 | $317,152 | $70,140 | $247,012 |
| 2018 | $4,019 | $296,241 | $67,217 | $229,024 |
| 2017 | $3,989 | $296,241 | $67,217 | $229,024 |
| 2016 | $3,854 | $296,241 | $67,217 | $229,024 |
| 2015 | $4,005 | $289,307 | $57,855 | $231,452 |
| 2014 | $4,005 | $289,307 | $57,855 | $231,452 |
Source: Public Records
Agents Affiliated with this Home
-
Brooke Fulford
Seller's Agent in 2023
Brooke Fulford
West & Woodall Real Estate - D
(252) 294-8899
50 Total Sales
-
Jeff Goldman
J
Buyer's Agent in 2023
Jeff Goldman
Nest Realty of the Triangle
(919) 909-5400
87 Total Sales
Map
Source: Doorify MLS
MLS Number: 2525259
APN: 142770
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