NOT LISTED FOR SALE

1406 Gray Bluff Trail Chapel Hill, NC 27517

Estimated Value: $806,000 - $910,000

4 Beds
3 Baths
2,460 Sq Ft
$343/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $705,000 $287 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,007/month

4 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wooded Lot
  • Culbreth Middle School Rated A
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of November 2022

WOW! Under a beautiful canopy of trees, this gorgeous 4 bedroom, 3 full bath home has so much more natural light than you'd ever expect! CHAPEL HILL CITY SCHOOLS without the city taxes rates!! Completely renovated custom kitchen offers high end cabinetry, quartz counters, and upgraded stainless steel appliances, giving this home a truly luxury feel. Real hardwood floors throughout the main level. Separate entrance to basement with bedroom and private bath! Wonderfully landscaped yard with garden area and two firepits. NEW HVAC!! NO HOA!! Come see this one before it's gone!

Last Agent to Sell the Property

Justin Burleson

Premier Agents Network License #269900 Listed on: 10/21/2022

Last Buyer's Agent

Sam Poole

Nest Realty of the Triangle License #274170

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 1977

Lot Details

  • 0.7 Acre Lot
  • Wooded Lot
  • Landscaped with Trees
  • Garden

Parking

  • Private Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Workshop
  • Storage
  • Utility Room
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Crawl Space
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Northside Elementary School
  • Grey Culbreth Middle School
  • Carrboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Farrington Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,598

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Farrington Hills
  • Above Grade Finished Sq Ft: 1661.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 252.0
  • General Property Information Total Unfinished Area2: 252.0
  • General Property Information Lot Size Dimensions: See PLat
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: L
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family 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
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • Room Types Workshop2: Yes
  • Architectural Style Contemporary: Yes
  • Levels MultiSplit: Yes
  • Room Types Recreation Room3: Yes
  • Basement Heated3: Yes
  • Basement Workshop3: Yes
  • General Property Information Above Grade Finished Area: 1661.0
  • General Property Information Below Grade Finished Area: 799.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30492.0
  • General Property Information Lot Size Acres: 0.7
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Interior Amenities: Bathtub/Shower Combination, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Smooth Ceilings, Storage, Vaulted Ceiling(s)
  • Basement: Crawl Space, Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry, Workshop
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 799.0
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Basement Finished: Yes
  • Full Basement: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.7
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: See PLat
  • Lot Size Sq Ft: 30492.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4598.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 29, 2022
Sold by
Edelman Claudio R and Edelman Sara E
Bought by
Akinkuotu Adesola
Seller's Agent
Justin Burleson
Premier Agents Network
Buyer's Agent
Sam Poole
Nest Realty of the Triangle
List Price
$700,000
Sold Price
$705,000
Premium/Discount to List
$5,000
0.71%
Views
11
Current Estimated Value
$843,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,594
Avg. Annual Appreciation
6.15%
Original Mortgage
$685,000
Outstanding Balance
$664,264
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$165,035

Purchase Details

Closed on
Jun 29, 2020
Sold by
Dam Cornelius Van
Bought by
Edelman Claudio R and Edelman Sara E

Purchase Details

Closed on
Oct 14, 2016
Sold by
Van Dam Lars and Van Dam Cornelius
Bought by
Van Dam Lars and Van Dam Cornelius
Source: Public Records

Range of Values:

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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
Akinkuotu Adesola $705,000 --
Edelman Claudio R $31,000 None Available
Van Dam Lars -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinkuotu Adesola $685,000
Previous Owner Van Dam Hendrik $150,000
Previous Owner Vandam $90,000
Previous Owner Hendrik $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $705,000 -- --
11/29/2022 11/29/22 Sold $705,000 +0.7% $287 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $700,000 -- $285 / 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 $4,933 $399,700 $130,000 $269,700
2023 $4,826 $399,700 $130,000 $269,700
2022 $4,598 $386,500 $130,000 $256,500
2021 $4,550 $386,500 $130,000 $256,500
2020 $4,240 $336,200 $120,000 $216,200
2018 $4,171 $336,200 $120,000 $216,200
2017 $3,639 $336,200 $120,000 $216,200
2016 $3,639 $285,651 $106,726 $178,925
2015 $3,639 $285,651 $106,726 $178,925
2014 $3,619 $285,651 $106,726 $178,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2480150

Doorify MLS

APN: 9787688441