NOT LISTED FOR SALE

16 Shepherd Ln Unit 16 Chapel Hill, NC 27514

Estimated Value: $138,548 - $157,000

1 Bed
1 Bath
590 Sq Ft
$200/mo HOA Fee

Last Sold October 08, 2021

Last sale price $89,000 $151 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,143/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Rashkis Elementary School Rated A
  • End Unit
  • 3-minute walk to Chapel Hill Community Park

About This Home

As of October 2021

Great end unit in a convenient location. Big living room open to sunny eat in kitchen. Freshly painted interior and new luxury vinyl flooring in living and bedroom. Stack washer and dryer as well. Back door to side yard. Close to library, Community Center, PO and shopping/dining options. On free bus line for easy UNC access. Shepherd Lane has flooded in the past.

Last Agent to Sell the Property

Shahla Rezvani

Coldwell Banker - HPW License #122184 Listed on: 07/08/2021

Coldwell Banker - HPW

Last Buyer's Agent

Kim Hanan

Fonville Morisey/Durham Sales Office License #185699

Fonville Morisey/Durham Sales Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1955

Lot Details

  • End Unit

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Eat-In Kitchen

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, sewer, storm water maintenance, trash, water
  • Rpm 919 240 4045 Association
  • Shepherd Lane Condos Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,020

Year Built

Built in 1955

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Storm Water Maintenance, Trash, Water
  • Subdivision Name: Shepherd Lane Condos
  • Above Grade Finished Sq Ft: 590.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 590.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl, Vinyl
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 3
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: RPM 919-240-4045
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: RPM 919-240-4045
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Tax Info

  • Tax Annual Amount: 2020.0
  • Tax Year: 902

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Oct 6, 2021
Sold by
Wurster Harry Lane and Tomlinson Tracey Harper
Bought by
Frimmel Stephen Moore
Seller's Agent
Shahla Rezvani
Coldwell Banker - HPW
Buyer's Agent
Kim Hanan
Fonville Morisey/Durham Sales Office
List Price
$84,900
Sold Price
$89,000
Premium/Discount to List
$4,100
4.83%
Current Estimated Value
$145,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,849
Avg. Annual Appreciation
12.97%
Original Mortgage
$59,000
Outstanding Balance
$49,683
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,166

Purchase Details

Closed on
Dec 13, 2006
Sold by
Keebco Llc
Bought by
Wurster Harry Lane and Tomlinson Tracey Harper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2005
Sold by
L Short Llc
Bought by
Keebco Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Cam Associates
Bought by
L Short Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
7.02%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
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
Frimmel Stephen Moore $89,000 None Available
Wurster Harry Lane $75,500 None Available
Keebco Llc $955,000 --
L Short Llc $1,110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frimmel Stephen Moore $59,000
Previous Owner Wurster Harry Lane $60,400
Previous Owner Keebco Llc $764,000
Previous Owner L Short Llc $888,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $89,000 -- --
10/08/2021 10/08/21 Sold $89,000 +4.8% $151 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $84,900 0.0% $144 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $84,900 -- $144 / 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 $2,067 $144,200 $0 $144,200
2024 $1,265 $64,300 $0 $64,300
2023 $1,239 $64,300 $0 $64,300
2022 $1,194 $64,300 $0 $64,300
2021 $1,181 $64,300 $0 $64,300
2020 $1,109 $55,900 $0 $55,900
2018 $1,075 $55,900 $0 $55,900
2017 $1,378 $55,900 $0 $55,900
2016 $1,378 $75,900 $27,300 $48,600
2015 $1,378 $75,900 $27,300 $48,600
2014 $1,005 $56,400 $27,300 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2394588

Doorify MLS

APN: 9799017509.046