NOT LISTED FOR SALE

1447 Preston Spring Ln Chapel Hill, NC 27516

Estimated Value: $1,218,000 - $1,276,000

5 Beds
4.5 Baths
4,653 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $1,215,000 $261 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,436/month

2 Days on Market

Highlights

  • Sauna
  • Open Floorplan
  • Transitional Architecture
  • McDougle Middle School Rated A
  • Cathedral Ceiling
  • Wood Flooring

About This Home

As of November 2024

Nestled on five wooded acres, this private estate on Preston Spring Lane offers a blend of serenity and modern convenience minutes from Chapel Hill and RTP. This 5- bedroom, 4.5-bath home sits in a peaceful, park-like setting with a tree-lined driveway leading to its timeless Cape Cod architecture. The property includes blueberry patches, pollinator bushes, and beautiful trees like Japanese Maples, tall Crepe Myrtles, and more. Inside, panoramic windows flood the open concept living spaces with natural light and breathtaking forest views. The main-floor primary suite has a spa-like bathroom, while a secondary suite with a private entrance is ideal for guests. The home features new appliances, a three-season porch, and a grilling deck for relaxing or entertaining. The second floor includes a bedroom with a walk-in closet and sitting area, a home office, a full bath, and a large unfinished space for customization. The spacious lower level has a walk-out basement, wet bar, built-in entertainment center, art studio/music room, and a dry sauna. With a Pennsylvania blue stone patio and firepit area, this estate is designed for indoor and outdoor living. Upgrades include: new roof, garage doors, and Wi-Fi-enabled openers, custom kitchen, new appliances, backsplash, refinished granite, reverse osmosis system, new top of the line, high-efficiency HVAC systems with UV sanitizing, WiFi-enabled digital thermostats with smart monitoring, upgraded primary and half bath, security system with cameras, remote monitoring, whole-home water treatment system, leaf guard gutter system, custom blinds. Completely turnkey, this exceptional property is ready for you—schedule your showing today!

Last Agent to Sell the Property

Dennis de Jong

Redfin Corporation License #303011 Listed on: 10/18/2024

Redfin Corporation

Co-Listed By

Matt Marino

Redfin Corporation License #319625

Last Buyer's Agent

Brian Zachrich

ERA Live Moore License #298902

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,724

Year Built

  • Built in 2002

Lot Details

  • 5.28 Acre Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Private Driveway
  • 10 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Crown Molding
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Great Room with Fireplace
  • Sauna
  • Kitchen Island
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Wrap Around Porch
  • Patio

Schools

  • Northside Elementary School
  • Mcdougle Middle School
  • Chapel Hill High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mill Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9767746245

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,724

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Co List Office Phone: 919-816-5981
  • Subdivision Name: Mill Valley
  • Above Grade Finished Sq Ft: 3387.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 3387.0
  • General Property Information Below Grade Finished Area: 1266.0
  • Foundation Details Permanent: Yes
  • General Property Information Lot Size Square Feet2: 229996.0
  • General Property Information Lot Size Acres: 5.28
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 4653.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, Kitchen Island, Open Floorplan, Primary Downstairs, Recessed Lighting, Sauna, Separate Shower, Smooth Ceilings, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1266.0
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Stories: 2
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Basement Finished: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Sauna2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Crown Molding: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 5.28
  • Construction Type: Fiber Cement
  • Foundation Details: Permanent
  • Patio And Porch Features: Covered, Front Porch, Patio, Wrap Around
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Side
  • Total Parking Spaces: 12.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 12.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 10.0

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - McDougle

Lot Info

  • Lot Size Sq Ft: 229996.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9767746245
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7724.38
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 18, 2024
Sold by
Asturias Marc Joseph and Asturias Maria Luisa
Bought by
Boetius Michael E and Boetius Elizabeth
Seller's Agent
Dennis de Jong
Redfin Corporation
Buyer's Agent
Brian Zachrich
ERA Live Moore
List Price
$1,200,000
Sold Price
$1,215,000
Premium/Discount to List
$15,000
1.25%
Views
13
Current Estimated Value
$1,245,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,691
Avg. Annual Appreciation
2.29%
Original Mortgage
$1,061,686
Outstanding Balance
$1,051,117
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$194,574

Purchase Details

Closed on
May 8, 2018
Sold by
Snyder Christopher C and Snyder Mary C
Bought by
Asturias Marc Joseph and Asturias Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,624
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Sep 10, 2002
Sold by
Snyder Chris and Snyder Mary C
Bought by
Snyder Christopher H and Snyder Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.4%

Purchase Details

Closed on
Jan 30, 2001
Sold by
Southern Securities Ltd
Bought by
Snyder Chris and Snider Mary C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Boetius Michael E $1,215,000 None Listed On Document
Boetius Michael E $1,215,000 None Listed On Document
Asturias Marc Joseph $680,000 None Available
Snyder Christopher H -- --
Snyder Chris $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boetius Michael E $1,061,686
Closed Boetius Michael E $1,061,686
Previous Owner Asturias Marc Joseph $632,624
Previous Owner Snyder Christopher H $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $1,215,000 +1.3% $261 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,200,000 -- $258 / 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 $10,684 $1,215,100 $301,600 $913,500
2024 $8,052 $687,100 $128,800 $558,300
2023 $8,052 $687,100 $128,800 $558,300
2022 $7,735 $687,100 $128,800 $558,300
2021 $7,649 $687,100 $128,800 $558,300
2020 $9,475 $800,100 $169,300 $630,800
2018 $9,325 $800,100 $169,300 $630,800
2017 $9,647 $800,100 $169,300 $630,800
2016 $9,647 $804,075 $202,453 $601,622
2015 $9,647 $804,075 $202,453 $601,622
2014 $9,627 $804,075 $202,453 $601,622
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10058972

Doorify MLS

APN: 9767746245