NOT LISTED FOR SALE

1404 Oak Tree Dr Unit 1404 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $286,000 - $330,000

2 Beds
2 Baths
1,117 Sq Ft
$345/mo HOA Fee

Last Sold August 10, 2021

Last sale price $221,500 $198 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,244/month

4 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Community Pool
  • Rashkis Elementary School Rated A
  • Traditional Architecture
  • Porch

About This Home

As of August 2021

Condo anyone?? 2nd flr w/vaulted ceilings! Excellent location to Transit Line, UNC - Chapel Hill, I-40, Finley Golf Course, Shops of Meadowmont, East54, & Glen Lennox shopping ctr. Updates include: new flooring & carpet; Primary & Hall baths; closets refitted w/new shelves; kitc- new cabs, sink & disposal, appl's, countertops; 2019 HVAC (Carrier); newer H2O heater & some new interior paint. This condo has a direct view of the pool in front & open green space off the back porch. Ext. Maint. handled by HOA.

Last Agent to Sell the Property

Linda Craft

Linda Craft Team, REALTORS License #140967 Listed on: 07/16/2021

Last Buyer's Agent

Serina Harris

NorthGroup Real Estate, Inc. License #280998

NorthGroup Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1974

Lot Details

  • 1

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Laundry closet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Cas Association, Phone Number (910) 295-3791
  • The Oaks Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,262

Year Built

Built in 1974

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: The Oaks
  • Above Grade Finished Sq Ft: 1117.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 910-295-3791
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1117.0
  • General Property Information Carport YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Kitchen/Dining Room Combination, Storage, Vaulted Ceiling(s)
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS
  • Phone: 910-295-3791
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 345.0
  • 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

  • Zoning: R-4
  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2262.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 6, 2021
Sold by
Lydick Allen and Lydick Ann
Bought by
Dumas Kay K
Seller's Agent
Linda Craft
Linda Craft Team, REALTORS
Buyer's Agent
Serina Harris
NorthGroup Real Estate, Inc.
List Price
$205,000
Sold Price
$221,500
Premium/Discount to List
$16,500
8.05%
Current Estimated Value
$306,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,720
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
May 23, 2013
Sold by
Wells Fargo Bank Na
Bought by
Lydick Allen

Purchase Details

Closed on
Feb 11, 2013
Sold by
Nordstrom Martha
Bought by
Wells Fargo Bank Na and First Franklin Mortgage Loan Trust 2004

Purchase Details

Closed on
Nov 5, 2004
Sold by
Wagoner Barbara Lynn
Bought by
Nordstrom Martha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Dumas Kay K $221,500 None Available
Lydick Allen $99,000 None Available
Wells Fargo Bank Na $120,284 None Available
Nordstrom Martha T $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nordstrom Martha T $95,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $221,500 -- --
08/10/2021 08/10/21 Sold $221,500 +8.0% $198 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $205,000 -- $184 / 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 $3,380 $192,300 $0 $192,300
2023 $3,292 $192,300 $0 $192,300
2022 $3,159 $192,300 $0 $192,300
2021 $2,694 $164,200 $0 $164,200
2020 $2,468 $140,200 $0 $140,200
2018 $2,406 $140,200 $0 $140,200
2017 $2,438 $140,200 $0 $140,200
2016 $2,438 $141,839 $42,098 $99,741
2015 $2,438 $141,839 $42,098 $99,741
2014 $2,380 $141,839 $42,098 $99,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2396111

Doorify MLS

APN: 9798451394.091