NOT LISTED FOR SALE

1507 Murray Ln Chapel Hill, NC 27517

Estimated Value: $606,664 - $669,000

4 Beds
3.5 Baths
2,093 Sq Ft
$303/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $540,000 $258 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,928/month

2 Days on Market

Highlights

  • Secluded Lot
  • Wooded Lot
  • Wood Flooring
  • Ephesus Elementary School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of January 2022

Situated at the back of a quiet cul-de-sac. Great Briarcliff location. Interior needs updating as this is the original owner. Bring your vision and make it what you want. Living room with FP, Den/Family room with lots of built-in helving etc. Hardwood floors upstairs and down. Easily Accessible full bath on the main floor. Carport with utility room.

Last Agent to Sell the Property

Sammy Martin

Franklin Street Realty License #71450 Listed on: 12/21/2021

Last Buyer's Agent

Rob Partin

Long & Foster Real Estate INC/Raleigh License #258076

Long & Foster Real Estate INC/Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,994

Year Built

  • Built in 1967

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 143 x 237 x 158 x 60
  • Cul-De-Sac
  • Secluded Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 2,093 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Utility Room
  • Laundry on main level
  • Wood Flooring
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Shower Only

Parking

  • 2 Carport Spaces
  • Private Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Briarcliff Subdivision

Listing and Financial Details

  • Property held in a trust

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,994

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Briarcliff
  • Above Grade Finished Sq Ft: 2093.0
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 143 x 237 x 158 x 60
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Attic Features Scuttle: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 2093.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Square Feet2: 18295.2
  • General Property Information Lot Size Acres: 0.42
  • General Property Information:Living Area3: 2093.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Entrance Foyer, Shower Only
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.42
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio
  • Lot Features:Landscaped: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Carport: Yes

Utilities

  • 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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 143 x 237 x 158 x 60
  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4994.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Jan 27, 2022
Sold by
Miller Helen R
Bought by
Burgess Paul C and Burgess Eliza B
Seller's Agent
Sammy Martin
Franklin Street Realty
Buyer's Agent
Rob Partin
Long & Foster Real Estate INC/Raleigh
Sold Price
$540,000
Current Estimated Value
$635,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,166
Avg. Annual Appreciation
4.16%
Original Mortgage
$432,000
Outstanding Balance
$398,712
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$236,454

Purchase Details

Closed on
Apr 1, 1983
Bought by
Miller
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Burgess Paul C $540,000 Bagwell Holt Smith Pa
Miller $76,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Paul C $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $540,000 -- --
01/27/2022 01/27/22 Sold $540,000 -- $258 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
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 $7,677 $573,600 $300,000 $273,600
2024 $5,547 $318,800 $105,000 $213,800
2023 $5,400 $318,800 $105,000 $213,800
2022 $5,058 $310,900 $105,000 $205,900
2021 $4,994 $310,900 $105,000 $205,900
2020 $5,320 $312,200 $100,000 $212,200
2018 $5,121 $307,600 $100,000 $207,600
2017 $5,222 $307,600 $100,000 $207,600
2016 $5,222 $311,132 $103,664 $207,468
2015 $5,222 $311,132 $103,664 $207,468
2014 $5,176 $311,132 $103,664 $207,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2424117

Doorify MLS

APN: 9799631182