NOT LISTED FOR SALE

118 Virginia Dr Chapel Hill, NC 27514

Estimated Value: $618,000 - $791,885

4 Beds
2.5 Baths
2,968 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $725,000 $244 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,563/month

4 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • Seawell Elementary School Rated A+
  • Ranch Style House
  • 2-minute walk to North Forest Hill Park

About This Home

As of April 2022

CHAPEL HILL SCHOOLS zoned home in a great neighborhood conveniently located off MLK Parkway. Main level of the home has 4 bedrooms, 2.5 baths. Heated and finished Basement has a family room with fire place and play room that you can make your own hobby room, workshop or workout space. Great entertaining awaits you with the fenced in back yard with an in-ground large concrete pool with deck. Enjoy the large screened porch and sunroom looking out on the back yard with fire pit. Start this summer!

Last Agent to Sell the Property

Robbin Taylor-Hall

Taylor-Hall Properties License #150389 Listed on: 03/18/2022

Last Buyer's Agent

Ryan Cassidy

Mallard Realty Group License #274249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,792

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard

Parking

  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Rain Gutters

Schools

  • Seawell Elementary School
  • Smith Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • North Forest Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,792

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential
  • Subdivision Name: North Forest Hills
  • Above Grade Finished Sq Ft: 1484.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 470.0
  • General Property Information Total Unfinished Area2: 470.0
  • General Property Information Lot Size Dimensions: 0.35
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Sunroom: Yes
  • Basement Heated3: Yes
  • Pool Features In Ground: Yes
  • Interior Features Radon Mitigation: Yes
  • General Property Information Above Grade Finished Area: 1484.0
  • General Property Information Below Grade Finished Area: 1484.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl
  • Interior Amenities: Primary Downstairs, Radon Mitigation, Storage
  • Basement: Exterior Entry, Finished, Full, Heated, Interior Entry
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1484.0
  • Fireplace Features: Basement, Masonry, Wood Burning
  • Fireplaces: 1
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement Finished: Yes
  • Fireplace Features:Basement: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.35
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 0.35
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Contaminant Control

Tax Info

  • Tax Annual Amount: 6792.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 13, 2022
Sold by
Baker Matthew S and Baker Sarah E
Bought by
Shuster Cheryl and Shuster Edward
Seller's Agent
Robbin Taylor-Hall
Taylor-Hall Properties
Buyer's Agent
Ryan Cassidy
Mallard Realty Group
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%
Current Estimated Value
$732,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,721
Avg. Annual Appreciation
0.30%
Original Mortgage
$580,000
Outstanding Balance
$541,912
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$190,809

Purchase Details

Closed on
May 14, 2019
Sold by
Floyd Timothy W and Mary Edna Henderson Revocable
Bought by
Baker Matthew S and Baker Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,650
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2013
Bought by
Henderson Mary
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
Shuster Cheryl $725,000 Arnette Law Offices Pllc
Baker Matthew S $387,000 None Available
Henderson Mary $22,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuster Cheryl $580,000
Previous Owner Baker Matthew S $367,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $725,000 -- --
04/18/2022 04/18/22 Sold $725,000 +11.5% $244 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $650,000 -- $219 / 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
2025 $8,732 $652,500 $300,000 $352,500
2024 $7,374 $427,200 $150,000 $277,200
2023 $7,175 $427,200 $150,000 $277,200
2022 $4,128 $427,200 $150,000 $277,200
2021 $6,792 $427,200 $150,000 $277,200
2020 $6,397 $376,800 $120,000 $256,800
2018 $5,270 $315,000 $120,000 $195,000
2017 $5,354 $305,300 $120,000 $185,300
2016 $5,354 $317,686 $86,961 $230,725
2015 $5,354 $317,686 $86,961 $230,725
2014 -- $317,686 $86,961 $230,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2437003

Doorify MLS

APN: 9880406563