NOT LISTED FOR SALE

1500 Murray Ln Chapel Hill, NC 27517

Estimated Value: $629,362 - $673,000

4 Beds
3 Baths
2,186 Sq Ft
$299/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $575,000 $263 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,079/month

8 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • Ephesus Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2022

Location, updates & a desirable neighborhood! This beauty on Murray Ln is located on a corner lot on one of the prettiest cul-de-sacs in Briarcliff. And in the walk zone for Ephesus Elem. 4BRs, 3Full Baths, garage, fenced yard, deck & updates galore! Too many to mention here but include - new carpet, refinished hardwood floors, newly painted interior, a sealed crawlspace, roof 2017, HVAC 2016, Kitchen & bath updated in last few years. Less than 5 minutes to Trader Joe's, I-40, restaurants and more.

Last Agent to Sell the Property

Kathy Shaw

Keller Williams Realty United License #287994 Listed on: 06/17/2022

Last Buyer's Agent

Carla Sartor

Flex Realty License #335337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1970

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 140x129x168x109
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Ephesus Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Briarcliff Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,761

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential
  • Subdivision Name: Briarcliff
  • Above Grade Finished Sq Ft: 1419.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 140x129x168x109
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: L
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 1419.0
  • General Property Information Below Grade Finished Area: 767.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Acres: 0.4
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 767.0
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.4
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 140x129x168x109
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4761.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 13, 2022
Sold by
Wright Tolle Jon and Blevins Mary
Bought by
Jean Michael and Favorito Rebecca
Seller's Agent
Kathy Shaw
Keller Williams Realty United
Buyer's Agent
Carla Sartor
Flex Realty
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Current Estimated Value
$653,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,841
Avg. Annual Appreciation
4.43%
Original Mortgage
$517,500
Outstanding Balance
$495,888
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$162,689

Purchase Details

Closed on
Dec 6, 1991
Bought by
Tolle
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
Jean Michael $575,000 Mann Mcgibney & Jordan Pllc
Tolle $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jean Michael $517,500
Previous Owner Tolle Jon Wright $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $575,000 -- --
07/13/2022 07/13/22 Sold $575,000 -3.4% $263 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $595,000 -- $272 / 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 $6,195 $358,000 $105,000 $253,000
2023 $6,029 $358,000 $105,000 $253,000
2022 $2,415 $312,500 $105,000 $207,500
2021 $5,018 $312,500 $105,000 $207,500
2020 $5,351 $314,100 $100,000 $214,100
2018 $5,224 $314,100 $100,000 $214,100
2017 $5,225 $314,100 $100,000 $214,100
2016 $5,225 $311,299 $105,297 $206,002
2015 $5,225 $311,299 $105,297 $206,002
2014 $5,179 $311,299 $105,297 $206,002
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy Shaw

    Keller Williams Realty United

  • Carla Sartor

    Buyer's Agent in 2022

    Carla Sartor

    Flex Realty

    (919) 260-0283

    6 Total Sales

    Carla Sartor
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2456642

Doorify MLS

APN: 9799621649

North Carolina Orange County Chapel Hill 27517

1500 Murray Ln, Chapel Hill, NC

This home is located at 1500 Murray Ln, Chapel Hill, NC 27517 since 17 June 2022 and is currently estimated at $653,841, approximately $299 per square foot. This property was built in 1970. 1500 Murray Ln is a home located in Orange County with nearby schools including Ephesus Elementary School, Phillips Middle School, and East Chapel Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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