NOT LISTED FOR SALE

198 Forsythia Ct Unit A and B Chapel Hill, NC 27517

Estimated Value: $338,000 - $442,000

4 Beds
2 Baths
1,596 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $326,400 $205 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,442/month

39 Days on Market

Highlights

  • Wooded Lot
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Ephesus Elementary School Rated A
  • Fireplace

About This Home

As of July 2023

Sold AS IS. Very convenient location to shopping, schools and Interstate 40. Walking distance to Wegmans and Rams Plaza! Updates include laminate flooring, recent interior and exterior paint. New Roof.

Last Agent to Sell the Property

Thomas Heffner

Hodge&KittrellSothebysIntlRlty License #23926 Listed on: 04/25/2023

Last Buyer's Agent

Michael Hugelmeyer

Keller Williams Realty United License #299211

Keller Williams Realty United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 36.65 x 138.27 x 90 x 108.65 x 139.59
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 2 Parking Spaces

Home Design

  • Masonite

Interior Spaces

  • Fireplace
  • Laminate Flooring
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • 2 Units
  • Abbotts Colony Subdivision

Listing and Financial Details

  • Property held in a trust

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,026

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential Income
  • Subdivision Name: Abbotts Colony
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 36.65 x 138.27 x 90 x 108.65 x 139.59
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Laminate: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Listing Conditions Trust: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Masonite
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

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

Schools

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

Lot Info

  • Lot Dimensions: 36.65 x 138.27 x 90 x 108.65 x 139.59

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 4026.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 22, 2023
Sold by
Calluna Properties Llc
Bought by
Charney Jonathan A
Seller's Agent
Thomas Heffner
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Michael Hugelmeyer
Keller Williams Realty United
List Price
$398,900
Sold Price
$326,400
Premium/Discount to List
-$72,500
-18.17%
Views
209
Current Estimated Value
$391,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,168
Avg. Annual Appreciation
8.63%
Original Mortgage
$244,800
Outstanding Balance
$238,605
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$152,963
Source: Public Records

Range of Values:

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Average Value
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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
Charney Jonathan A $326,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charney Jonathan A $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $326,400 -- --
07/27/2023 07/27/23 Sold $326,400 -18.2% $205 / Sq Ft
06/03/2023 06/03/23 For Sale $398,900 +22.2% $250 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/18/2023 05/18/23 Off Market $326,400 -- --
04/24/2023 04/24/23 For Sale $398,900 -- $250 / 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 $4,292 $234,500 $95,000 $139,500
2023 $4,188 $234,500 $95,000 $139,500
2022 $4,026 $234,500 $95,000 $139,500
2021 $3,978 $234,500 $95,000 $139,500
2020 $3,630 $198,700 $68,000 $130,700
2018 $3,532 $198,700 $68,000 $130,700
2017 $3,202 $198,700 $68,000 $130,700
2016 $3,202 $179,027 $64,326 $114,701
2015 $3,202 $179,027 $64,326 $114,701
2014 $3,116 $179,027 $64,326 $114,701
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thomas Heffner

    Hodge&KittrellSothebysIntlRlty

  • Michael Hugelmeyer

    Buyer's Agent in 2023

    Michael Hugelmeyer

    Keller Williams Realty United

    (984) 664-5478

    34 Total Sales

    Michael Hugelmeyer
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Map

Source: Doorify MLS

MLS Number: 2506825

Doorify MLS

APN: 9799578124

North Carolina Orange County Chapel Hill 27517

198 Forsythia Ct Unit A and B, Chapel Hill, NC

This home is located at 198 Forsythia Ct Unit A and B, Chapel Hill, NC 27517 since 25 April 2023 and is currently estimated at $391,568, approximately $245 per square foot. This property was built in 1985. 198 Forsythia Ct Unit A and B is a home located in Orange County with nearby schools including Ephesus Elementary School, Phillips Middle School, and East Chapel Hill High School.

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