NOT LISTED FOR SALE

131 Timber Creek Path Chapel Hill, NC 27517

Estimated Value: $551,985 - $611,000

4 Beds
2.5 Baths
2,487 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $465,000 $187 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,397/month

158 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • North Chatham Elementary School Rated A-
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

4 bedroom, 2 bathroom stunner in Chapel Hill! The impeccable kitchen has beautiful updated counters, a center island and stainless steel appliances. Flow into the living room featuring a cozy fireplace, perfect for entertaining. Relax in your primary suite, complete with a walk-in closet, and an en-suite bathroom with double sinks. Head to the backyard for the perfect private area to enjoy the outdoors. Don't wait! Make this beautiful home yours today. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Thomas Shoupe

Opendoor Brokerage LLC License #239817 Listed on: 03/17/2022

Co-Listed By

Sarah Carder

Opendoor Brokerage LLC License #279792

Last Buyer's Agent

Ellen Corliss

Berkshire Hathaway HomeService License #291872

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 66x120x64x120

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 2,487 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Utilities

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

Community Details

  • Omega Association Managem Association
  • Westfall Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,517

Year Built

Built in 2015

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Co List Office Mls Id: 77422
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: Westfall
  • Above Grade Finished Sq Ft: 2487.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 442.0
  • General Property Information Total Unfinished Area2: 442.0
  • General Property Information Lot Size Dimensions: 66x120x64x120
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Above Grade Finished Area: 2487.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.18
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association Name: Omega Association Managem
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Omega Association Managem
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Dimensions: 66x120x64x120
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2517.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Sep 19, 2022
Sold by
Opendoor Property C Llc
Bought by
Reid Christopher
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
Ellen Corliss
Berkshire Hathaway HomeService
List Price
$570,000
Sold Price
$465,000
Premium/Discount to List
-$105,000
-18.42%
Current Estimated Value
$568,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,036
Avg. Annual Appreciation
6.92%
Original Mortgage
$205,000
Outstanding Balance
$195,152
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$377,344

Purchase Details

Closed on
Mar 3, 2022
Sold by
Michael Fotheringham Eric and Mead Sarah
Bought by
Opendoor Property C Llc

Purchase Details

Closed on
Jun 22, 2016
Sold by
Johnson Sarah and Fotheringham Sarah Mead
Bought by
Fotheringham Sarah Mead and Fotheringham Eric Michael

Purchase Details

Closed on
Mar 24, 2015
Sold by
Nvr Inc
Bought by
Johnson Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,900
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2014
Sold by
Acorn Investment Associates Llc
Bought by
Nvr Inc
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
Reid Christopher $465,000 --
Opendoor Property C Llc $460,500 Midtown Property Law
Opendoor Property C Llc $460,500 None Listed On Document
Fotheringham Sarah Mead -- Attorney
Johnson Sarah $305,000 None Available
Nvr Inc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Christopher $205,000
Previous Owner Johnson Sarah $304,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $465,000 -- --
09/19/2022 09/19/22 Sold $465,000 -7.4% $187 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $502,000 -3.6% $202 / Sq Ft
08/04/2022 08/04/22 Price Changed $521,000 -1.0% $209 / Sq Ft
07/22/2022 07/22/22 Price Changed $526,000 -3.1% $211 / Sq Ft
06/03/2022 06/03/22 Price Changed $543,000 -3.6% $218 / Sq Ft
05/05/2022 05/05/22 Price Changed $563,000 -1.2% $226 / Sq Ft
04/20/2022 04/20/22 For Sale $570,000 +22.6% $229 / Sq Ft
04/16/2022 04/16/22 Off Market $465,000 -- --
04/16/2022 04/16/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $570,000 -- $229 / 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 $3,579 $325,618 $82,600 $243,018
2023 $2,915 $325,618 $82,600 $243,018
2022 $2,550 $325,618 $82,600 $243,018
2021 $2,642 $325,618 $82,600 $243,018
2020 $2,654 $325,127 $77,250 $247,877
2019 $2,654 $325,127 $77,250 $247,877
2018 $2,468 $325,127 $77,250 $247,877
2017 $2,468 $325,127 $77,250 $247,877
2016 $2,398 $308,439 $75,000 $233,439
2015 $489 $67,500 $67,500 $0
2014 -- $67,500 $67,500 $0
2013 -- $67,500 $67,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2437106

Doorify MLS

APN: 0087160