NOT LISTED FOR SALE

Estimated Value: $660,000 - $836,000

5 Beds
5 Baths
2,264 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $650,000 $287 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,715/month

24 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Bungalow
  • Smith Middle School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

LOCATION!! This property rents years in advance and is continually rented. Plenty of parking in rear. Fantastic opportunity to own a premium investment property in the heart of Chapel Hill that gets top rents. Additional bedrooms and baths added in 2015 along with roof, siding and HVAC. Each bedroom has its own private bathroom. Granite, SS appliances, washer/dryer, hardwood flooring and carpet in the bedrooms. Do not disturb the tenants. Appointment only showings.

Last Agent to Sell the Property

Jens Hoeg

Fathom Realty NC, LLC License #160572 Listed on: 05/04/2021

Last Buyer's Agent

Huazhi Hu

HHome Realty LLC License #292599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,682

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x116

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Brick Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Schools

  • Northside Elementary School
  • Mcdougle Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,682

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2264.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 60x116
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • Architectural Style Bungalow: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 2264.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Total Bedrooms: 7
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 60x116
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6682.0

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 16, 2021
Sold by
Sun Chuanwen and Xu Airong
Bought by
Mak Homes Llc
Seller's Agent
Jens Hoeg
Fathom Realty NC, LLC
Buyer's Agent
Huazhi Hu
HHome Realty LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$772,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,508
Avg. Annual Appreciation
4.05%
Original Mortgage
$476,500
Outstanding Balance
$376,028
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$387,717

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 8, 2021
Sold by
Rg Chapel Full Holdings Llc
Bought by
Sun Chuanwen
Seller's Agent
Jens Hoeg
Fathom Realty NC, LLC
Buyer's Agent
Huazhi Hu
HHome Realty LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,500
Outstanding Balance
$376,028
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$387,717

Purchase Details

Closed on
May 30, 2014
Sold by
Smith Cathie Marie and The Estate Of Bertha S Hill
Bought by
Rg Chapel Hill Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,060
Interest Rate
4.32%
Mortgage Type
Construction
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
Mak Homes Llc -- None Available
Sun Chuanwen $650,000 None Available
Rg Chapel Hill Holdings Llc $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Chuanwen $476,500
Previous Owner Rg Chapel Hill Holdings Llc $660,000
Previous Owner Rg Chapel Hill Holdings Llc $670,000
Previous Owner Rg Chapel Hill Holdings Llc $210,060
Previous Owner Fisher $37,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $650,000 -- --
07/20/2021 07/20/21 Sold $650,000 -2.8% $287 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $669,000 -3.7% $295 / Sq Ft
05/04/2021 05/04/21 For Sale $695,000 -- $307 / 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
2024 $5,834 $342,500 $175,000 $167,500
2023 $5,675 $342,500 $175,000 $167,500
2022 $5,438 $342,500 $175,000 $167,500
2021 $5,368 $342,500 $175,000 $167,500
2020 $5,355 $320,900 $175,000 $145,900
2018 $5,235 $320,900 $175,000 $145,900
2017 $4,513 $320,900 $175,000 $145,900
2016 $4,513 $272,000 $99,000 $173,000
2015 $2,696 $159,128 $99,038 $60,090
2014 $2,654 $159,128 $99,038 $60,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2381750

Doorify MLS

APN: 9788150435