NOT LISTED FOR SALE

120 Rialto St Chapel Hill, NC 27516

Estimated Value: $490,422 - $537,000

3 Beds
2.5 Baths
1,731 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $473,259 $273 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,442/month

Highlights

  • New Construction
  • ENERGY STAR Certified Homes
  • Traditional Architecture
  • Cedar Ridge High Rated A-
  • Home Energy Rating Service (HERS) Rated Property
  • Main Floor Primary Bedroom

About This Home

As of January 2024

New townhome community in Chapel Hill featuring our 1731 plan with elegant selections! Open layout with LVP flooring on the main floor, a large kitchen island, gorgeous Literati Poe Mosaic Tile backsplash, quartz countertops, and our popular Brellin Stone Gray cabinets! Upstairs you will find spacious 3 additional secondary bedrooms and quartz countertops in the hall bath! The primary suite offers a large room and an oversized shower with tile surround, quarts tops w/ dual sinks, and a large walk-in closet. Every home is Energy Star certified offering amazing features such as Ecobee thermostats, Energy Star appliances, Watersense fixtures and quality workmanship!

Last Agent to Sell the Property

Calvin Ramsey

Ramsey Realtors Team Inc License #139388 Listed on: 05/31/2023

Ramsey Realtors Team Inc

Last Buyer's Agent

Zuguang Huang

CHK Realty License #282366

CHK Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,326

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 87.25x24

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier

Interior Spaces

  • 1,731 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 70 | Home's energy 30% more efficient than a standard home
  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Watersense Fixture

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure
  • Sovereign & Jacobs Association
  • Built by KB Home
  • Bridgepoint Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,326

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$205 per month

Parking

2

Listing Details

  • Builder Name: KB Home
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Bridgepoint
  • Above Grade Finished Sq Ft: 1731.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 87.25x24
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-01-01
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Interior Features Dining L: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Green Building Verification Type WaterSense: Yes
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Green Building Verification Type HERS Index Score: Yes
  • General Property Information Above Grade Finished Area: 1731.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Builder Name: KB Home
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bathtub Only, Dining L, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Shower Only, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.05
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 205.0
  • Association Fee Frequency: Monthly
  • Association Name: Sovereign & Jacobs
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Sovereign & Jacobs
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 205.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 87.25x24
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Verification Rating: 70

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jan 29, 2024
Sold by
Kb Home Raleigh Durham Inc
Bought by
Luo Kan
Seller's Agent
Calvin Ramsey
Ramsey Realtors Team Inc
Buyer's Agent
Zuguang Huang
CHK Realty
List Price
$473,259
Sold Price
$473,259
Current Estimated Value
$509,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,847
Avg. Annual Appreciation
4.42%
Original Mortgage
$378,607
Outstanding Balance
$371,982
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$137,124
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
Luo Kan $473,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Kan $378,607
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $473,259 0.0% $273 / Sq Ft
12/15/2023 12/15/23 Off Market $473,259 -- --
05/30/2023 05/30/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $473,259 -- $273 / 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 $6,326 $481,100 $175,000 $306,100
2024 $5,307 $321,100 $80,000 $241,100
2023 $1,284 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2513477

Doorify MLS

APN: 9870916792