NOT LISTED FOR SALE

122 Cabernet Dr Chapel Hill, NC 27516

Estimated Value: $466,000 - $501,000

3 Beds
2.5 Baths
2,051 Sq Ft
$234/Sq Ft Est. Value

Highlights

  • 2 Car Attached Garage
  • Seawell Elementary School Rated A+
  • 4-minute walk to Homestead Park

About This Home

As of April 2023

Beautifully maintained 3 story townhouse. Convenient location w/access to I-40, groceries, dining, downtown & UNC.Walk to Homestead Park forpool, skate park, fields, dog park & more! Bright, open layout, hardwood flooring, 2 fireplaces. Solid surface c'tops, 42" cabinets, Recently replaced stainlessrefrigerator, Microwave, and stove. Master retreat w/ walk-in closet &garden tub. Relax on patio or deck overlooking treeline view.

Last Agent to Rent the Property

Kelly Zhang

Ihouse Realty Group License #267280 Listed on: 04/14/2023

Last Renter's Agent

Kelly Zhang

Zip Realty Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2004

Lot Details

  • 1,307

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,051 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Seawell Elementary School

Community Details

  • Property has a Home Owners Association
  • Vineyard Square Subdivision

Listing and Financial Details

  • Security Deposit $2,250
  • Property Available on 6/1/23
  • Tenant pays for water

Townhouse Details

Home Type

Townhome

Year Built

Built in 2004

Lot Details

1,307 Sq Ft Lot

Parking

2

Rental Info

  • Tenant Pays: Water
  • Lease Term: Other
  • Available Date: 2023-06-01

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential Lease
  • Subdivision Name: Vineyard Square
  • Above Grade Finished Sq Ft: 2051.0
  • Unit Levels: Three Or More
  • Levels Three Or More: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2023-06-01
  • Contract Information Security Deposit2: 2250.0
  • General Property Information Above Grade Finished Area: 2051.0
  • Structure Type Townhouse: Yes
  • General Property Information:Living Area3: 2051.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

MLS Schools

  • Elementary School: CH/Carrboro - Seawell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2016
Sold by
Barro Mario and Ojeda Suany
Bought by
Duan Xiaolin and Zhang Wei
Current Estimated Value
$479,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$78,165
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$401,353

Purchase Details

Closed on
May 5, 2008
Sold by
Varghese Samuel A
Bought by
Barro Mario and Ojeda Suany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2008
Sold by
Varghese Shona S
Bought by
Varghese Samuel A

Purchase Details

Closed on
Aug 27, 2004
Sold by
Centex Homes
Bought by
Varghese Samuel A and Varghese Shona S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
4.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Rented $2,250 0.0% --
04/14/2023 04/14/23 For Rent $2,250 -- --
Source: Doorify MLS

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 $5,682 $425,900 $150,000 $275,900
2024 $4,873 $283,000 $80,000 $203,000
2023 $4,742 $283,000 $80,000 $203,000
2022 $4,547 $283,000 $80,000 $203,000
2021 $4,489 $283,000 $80,000 $203,000
2020 $4,463 $264,200 $80,000 $184,200
2018 $4,360 $264,200 $80,000 $184,200
2017 $4,439 $264,200 $80,000 $184,200
2016 $4,439 $266,369 $28,938 $237,431
2015 $4,439 $266,369 $28,938 $237,431
2014 $4,397 $266,369 $28,938 $237,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2505307

Doorify MLS

APN: 9880023050

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