Landlord's Agent in 2025
Monica Palmer
ValuePlus Properties LLC
(919) 924-3732
19 Total Sales
1225 Cranebridge Place Chapel Hill, NC 27517
2
Beds
2.5
Baths
1,455
Sq Ft
$248
Price per Sq Ft
Highlights
- Wood Flooring
- Granite Countertops
- Screened Porch
- Main Floor Bedroom
- No HOA
- Walk-In Closet
About This Home
As of August 2025Luxurious & updated Chapel Hill rental with first & second floor master suites. Easy access to I-40, Duke, UNC, RTP & RDU! Cathedral ceilings, 2 story foyer with Paladian window, skylights, hardwood floors throughout main level, fireplace with marble surround. Fantastic kitchen with granite counters, marble tile backsplash, SS and bright inviting dining area. Spacious bedrooms with walk-in-closets. Updated 2nd floor master bath. Screened porch with private, wooded views. Washer/dryer included. Walking trails. Maintenance Free & Professionally managed. 2 assigned parking spaces.
Last Agent to Rent the Property
ValuePlus Properties LLC License #221225 Listed on: 06/10/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,763
Year Built
- Built in 1989
Lot Details
- Southwest Facing Home
Interior Spaces
- 1,455 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Screened Porch
- Basement
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
- Parking Lot
- Assigned Parking
Schools
- Creekside Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Security Deposit $2,050
- Property Available on 8/18/25
- Tenant pays for all utilities, electricity, gas, sewer, trash collection, water, air and water filters
- The owner pays for association fees, management
- 12 Month Lease Term
- $75 Application Fee
Community Details
Overview
- No Home Owners Association
- Downing Creek Subdivision
- Park Phone (919) 362-0037
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2017
Sold by
Smith Sarah Elizabeth
Bought by
Thrall Tristan E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2012
Sold by
Smith Sarah Elizabeth
Bought by
Smith Sarah Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2007
Sold by
Spatz Kathryn V
Bought by
Smith Sarah Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 1999
Sold by
Wood Sally Ann Aldridge and Wood Benjamin H
Bought by
Spatz Kathryn V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.89%
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 |
|---|---|---|---|
| Thrall Tristan E | $200,000 | -- | |
| Smith Sarah Elizabeth | -- | None Available | |
| Smith Sarah Elizabeth | $181,000 | None Available | |
| Spatz Kathryn V | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thrall Tristan E | $154,000 | |
| Closed | Thrall Tristan E | $160,000 | |
| Previous Owner | Smith Sarah Elizabeth | $139,500 | |
| Previous Owner | Smith Sarah Elizabeth | $25,000 | |
| Previous Owner | Smith Sarah Elizabeth | $152,000 | |
| Previous Owner | Smith Sarah Elizabeth | $144,800 | |
| Previous Owner | Spatz Kathryn | $140,400 | |
| Previous Owner | Spatz Kathryn V | $139,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2025 08/31/25 | Rented | $1,995 | 0.0% | -- |
| 08/26/2025 08/26/25 | Under Contract | -- | -- | -- |
| 07/16/2025 07/16/25 | Price Changed | $1,995 | -4.8% | $1 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $2,095 | -4.6% | $1 / Sq Ft |
| 06/10/2025 06/10/25 | For Rent | $2,195 | -- | -- |
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 | $2,763 | $198,082 | $35,000 | $163,082 |
| 2023 | $2,595 | $198,082 | $35,000 | $163,082 |
| 2022 | $2,535 | $198,082 | $35,000 | $163,082 |
| 2021 | $2,523 | $198,082 | $35,000 | $163,082 |
| 2020 | $2,464 | $198,082 | $35,000 | $163,082 |
| 2019 | $2,464 | $198,082 | $35,000 | $163,082 |
| 2018 | $2,505 | $184,661 | $35,000 | $149,661 |
| 2017 | $2,486 | $184,661 | $35,000 | $149,661 |
| 2016 | $2,403 | $184,661 | $35,000 | $149,661 |
| 2015 | $2,807 | $202,772 | $41,100 | $161,672 |
| 2014 | $2,807 | $202,772 | $41,100 | $161,672 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Palmer
-
Michael Palmer
M
Landlord's Co-Listing Agent in 2025
Michael Palmer
ValuePlus Properties LLC
(919) 362-0037
9 Total Sales
Map
Source: Doorify MLS
MLS Number: 10102169
APN: 142969
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