NOT LISTED FOR SALE

14 Shepherd Ln Chapel Hill, NC 27514

Estimated Value: $144,000 - $184,000

1 Bed
1 Bath
522 Sq Ft
436 Sq Ft Lot

Last Sold March 26, 2024

Last sale price $172,000 $330 Per Sq Ft

Current estimated payment $1,110/month

7 Days on Market

Highlights

  • Cooling System Powered By Gas
  • Tile Flooring
  • 3-minute walk to Chapel Hill Community Park
  • Rashkis Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of March 2024

Freshly remodeled 1BR/1Bath condo in fantastic location for a starter home, mid-term rental for traveling nurses, or long-term rental for students and professionals. Located right off Franklin Street before it turns into 15-501 and crosses over I-40. It is across the street from University Mall,which is currently being re-vamped and a block from Eastgate. Now for the apartment ... this is a must-see! Brand new cabinets and calacatta gold quartz countertops, tile floors, stainless steel appliances, and fresh paint make this property move-in ready. Property is in flood plain and flood insurance is included in HOA dues of $228.21/month along with water. Exterior is also maintained by HOA with a new roof having been installed in 2023. Refrigerator is not included and will need to be counter depth.

Last Agent to Sell the Property

Ryan Faircloth

Faircloth Investment Realty LL License #250837 Listed on: 01/26/2024

Last Buyer's Agent

Holly Hendren

Compass -- Cary License #229971

Compass -- Cary

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 436

Home Design

  • Slab Foundation
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 522 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Parking Lot

Schools

  • Rashkis Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • Property has a Home Owners Association
  • Shepherd Lane Condos Subdivision
  • Community Parking

Listing and Financial Details

  • Assessor Parcel Number 9799017509.044

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,417

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Subdivision Name: Shepherd Lane Condos
  • Above Grade Finished Sq Ft: 522.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 522.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 1
  • Utilities Electricity Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 560.0
  • General Property Information Lot Size Acres: 0.0129
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Range
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.01
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Lot: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Natural Gas
  • Cooling: Central Air, Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Amenities:Insurance: Yes
  • Association Amenities:Water: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9799017509.044

Tax Info

  • Tax Annual Amount: 1417.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 26, 2024
Sold by
Racf Llc
Bought by
Chaney Andrew
Seller's Agent
Ryan Faircloth
Faircloth Investment Realty LL
Buyer's Agent
Holly Hendren
Compass -- Cary
List Price
$170,000
Sold Price
$172,000
Premium/Discount to List
$2,000
1.18%
Views
75
Current Estimated Value
$171,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$697
Avg. Annual Appreciation
-0.26%
Original Mortgage
$165,500
Outstanding Balance
$162,758
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$8,545

Purchase Details

Closed on
Oct 17, 2023
Sold by
Hickman Uneda P and Hickman Cecil O
Bought by
Racf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2021
Sold by
Chicurel William M and Chicurel Cely C
Bought by
Jones Uneda P

Purchase Details

Closed on
Feb 20, 2020
Sold by
Ziaefar Hamidreza
Bought by
Chicurel William M and Chicurel Cely C

Purchase Details

Closed on
Jul 20, 2018
Sold by
Perkinson Leah
Bought by
Ziaefer Hamidreza

Purchase Details

Closed on
May 30, 2007
Sold by
Keebco Llc
Bought by
Perkinson Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2006
Sold by
Keebco Llc
Bought by
Snipes Kathleen Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2005
Sold by
L Short Llc
Bought by
Keebco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Cam Associates
Bought by
L Short Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
7.02%
Mortgage Type
Construction
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
Chaney Andrew $172,000 None Listed On Document
Racf Llc $70,000 None Listed On Document
Jones Uneda P $90,000 None Available
Chicurel William M $85,000 None Available
Ziaefer Hamidreza $75,000 None Available
Perkinson Leah $78,000 None Available
Snipes Kathleen Marie $75,500 None Available
Keebco Llc $955,000 --
L Short Llc $1,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaney Andrew $165,500
Previous Owner Racf Llc $120,000
Previous Owner Perkinson Leah $62,400
Previous Owner Snipes Kathleen Marie $60,400
Previous Owner Keebco Llc $764,000
Previous Owner L Short Llc $888,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $172,000 +1.2% $330 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $170,000 -- $326 / 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 $2,444 $173,500 $0 $173,500
2024 $1,389 $71,800 $0 $71,800
2023 $1,418 $71,800 $0 $71,800
2022 $1,310 $71,800 $0 $71,800
2021 $1,325 $71,800 $0 $71,800
2020 $1,226 $63,200 $0 $63,200
2018 $0 $55,900 $0 $55,900
2017 $1,395 $55,900 $0 $55,900
2016 $1,395 $75,900 $27,300 $48,600
2015 $1,394 $75,900 $27,300 $48,600
2014 $1,086 $56,400 $27,300 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10008188

Doorify MLS

APN: 9799017509.044