NOT LISTED FOR SALE

1402 Oak Tree Dr Unit 1402 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $329,000 - $407,000

3 Beds
2 Baths
1,335 Sq Ft
$400/mo HOA Fee

Last Sold September 08, 2022

Last sale price $325,000 $243 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,809/month

1 Day on Market

Highlights

  • Clubhouse
  • Deck
  • Cathedral Ceiling
  • Rashkis Elementary School Rated A
  • Transitional Architecture
  • Granite Countertops

About This Home

As of September 2022

Taking great bones & creating a warm, cozy, light-filled living space takes a special talent, & this seller has the gift! A rare 3-bedroom, 2 bath unit, cathedral ceiling, wood-burning fireplace, & gorgeous kitchen - updates in EVERY room. Open floor plan with hall to the bedrooms, makes everything convenient w/all space maximized. The HOA dues include exterior maintenance, water, sewer, pool, garbage, roof & more. Off Hwy 54, minutes from 15-501, I40, UNC, Duke, Chapel Hill, Durham, even Raleigh isn't far.

Last Agent to Sell the Property

Claire Billingsley

Coldwell Banker Advantage License #268328 Listed on: 08/25/2022

Coldwell Banker Advantage

Last Buyer's Agent

Laura Morgan

Fathom Realty NC, LLC License #323976

Fathom Realty NC, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,752

Year Built

  • Built in 1974

Lot Details

  • 1

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Utility Room
  • Scuttle Attic Hole
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • Private Driveway
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Rashkis Elementary School
  • Grey Culbreth Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, trash, water
  • Cas Association
  • The Oaks Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Security

  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,752

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • Subdivision Name: The Oaks Condos
  • Above Grade Finished Sq Ft: 1335.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Above Grade Unfinished Area: 113.0
  • General Property Information Total Unfinished Area2: 113.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • Fireplace Features Fireplace Screen: Yes
  • General Property Information Above Grade Finished Area: 1335.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub/Shower Combination, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Smooth Ceilings, Storage, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: 2nd Floor
  • Fireplace Features: Fireplace Screen, Living Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Driveway, Parking Lot
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2752.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Aug 30, 2022
Sold by
Caroline Nelson Sarah
Bought by
Rlf Properties Llc
Seller's Agent
Claire Billingsley
Coldwell Banker Advantage
Buyer's Agent
Laura Morgan
Fathom Realty NC, LLC
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Current Estimated Value
$376,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,043
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Nov 9, 2020
Sold by
Bloomer Carol L and Nelson William Edward
Bought by
Nelson Sarah Caroline

Purchase Details

Closed on
May 22, 2017
Sold by
Malik Louise Ann
Bought by
Nelson Sarah Caroline and Bloomer Carol L

Purchase Details

Closed on
Oct 4, 2013
Sold by
Haskins Carlton L and Haskins Carlton L
Bought by
Malik Louise Ann

Purchase Details

Closed on
Nov 30, 2006
Sold by
Reinhold Alan P and Reinhold Nadine A G
Bought by
Haskins Carlton L and Haskins Tobie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Rlf Properties Llc $325,000 --
Nelson Sarah Caroline -- None Available
Nelson Sarah Caroline $158,000 None Available
Malik Louise Ann $143,000 None Available
Haskins Carlton L $164,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Sarah Caroline $105,000
Previous Owner Haskins Carlton L $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $325,000 -- --
09/08/2022 09/08/22 Sold $325,000 +8.4% $243 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $299,900 -- $225 / 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 $4,363 $226,800 $0 $226,800
2023 $3,846 $226,800 $0 $226,800
2022 $2,752 $165,800 $0 $165,800
2021 $2,718 $165,800 $0 $165,800
2020 $2,756 $158,100 $0 $158,100
2018 $2,688 $158,100 $0 $158,100
2017 $2,676 $158,100 $0 $158,100
2016 $2,676 $156,592 $42,098 $114,494
2015 $2,676 $156,592 $42,098 $114,494
2014 $2,618 $156,592 $42,098 $114,494
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Claire Billingsley

    Coldwell Banker Advantage

    Section Image

  • L

    Buyer's Agent in 2022

    Laura Morgan

    Fathom Realty NC, LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2470567

Doorify MLS

APN: 9798451394.089

North Carolina Orange County Chapel Hill 27517 The Oaks

1402 Oak Tree Dr Unit 1402, Chapel Hill, NC

This home is located at 1402 Oak Tree Dr Unit 1402, Chapel Hill, NC 27517 since 25 August 2022 and is currently estimated at $376,043, approximately $281 per square foot. This property was built in 1974. 1402 Oak Tree Dr Unit 1402 is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

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