$285,000

1421 New Hope Trace Unit 27516 Chapel Hill, NC 27516

New Hope Neighborhood

Estimated payment $1,678/month

Total Views 116
2 Beds
2 Baths
1,188 Sq Ft
$240 Price per Sq Ft

Highlights

  • 2.8 Acre Lot
  • Ranch Style House
  • Central Air
  • Cedar Ridge High Rated A-
  • No HOA
  • Wood Burning Fireplace

About This Home

Welcome to a rare opportunity in one of Chapel Hill's most sought-after neighborhoods: this charming 2-bed / 2-bath home features a bright, open-concept living space where the primary suite is privately located for optimal comfort and convenience. The flowing layout connects living, dining and kitchen areas beautifully—ideal for entertaining or everyday life—and the well-appointed secondary bedroom and full bath offer great flexibility for guests or a home office. Community amenities include a sparkling pool, clubhouse, walking trails and playgrounds, and you'll enjoy close proximity to greenways, local lakes, parks, premier shopping and dining, and top-rated schools. Homes in this market rarely last long, so don't wait—call today to schedule your private showing or inquiry and act before this one slips away.

Listing Agent

Naomi Richardson

Mark Spain Real Estate License #236594 Listed on: 11/03/2025

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1996

Lot Details

  • 2.8 Acre Lot

Home Design

  • Ranch Style House
  • Combination Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • Wood Burning Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • New Hope Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9872636575

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1188.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Room Types Primary Bedroom Level: First
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1188.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 121968.0
  • General Property Information Lot Size Acres: 2.8
  • Foundation Details Combination: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 2.8
  • Construction Type: Frame
  • Foundation Details: Combination
  • Construction Materials:Frame: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Electric
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: 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: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Size Sq Ft: 121968.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9872636575

Tax Info

  • Tax Annual Amount: 2226.89
  • Tax Year: 2024

MLS Schools

  • Elementary School: Orange - New Hope

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,851 $386,000 $214,000 $172,000
2024 $971 $222,400 $91,000 $131,400
2023 $1,479 $222,400 $91,000 $131,400
2022 $1,318 $222,400 $91,000 $131,400
2021 $1,422 $222,400 $91,000 $131,400
2020 $1,543 $223,900 $102,800 $121,100
2018 $2,259 $223,900 $102,800 $121,100
2017 $2,105 $223,900 $102,800 $121,100
2016 $2,105 $203,393 $93,258 $110,135
2015 $2,095 $203,393 $93,258 $110,135
2014 $2,075 $203,393 $93,258 $110,135
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $285,000 -- $240 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: Doorify MLS

MLS Number: 10131107

Doorify MLS

APN: 9872636575