NOT LISTED FOR SALE

2003 Pathway Dr Chapel Hill, NC 27516

Estimated Value: $532,000 - $561,865

3 Beds
2.5 Baths
1,602 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $515,000 $321 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,464/month

2 Days on Market

Highlights

  • Deck
  • Transitional Architecture
  • Granite Countertops
  • C and L Mcdougle Elementary School Rated A
  • Wood Flooring
  • Breakfast Room

About This Home

As of February 2022

Wonderful Home in a Sweet Location featuring everything that you want – Just move on in! Functional floorplan, cozy living spaces, prime kitchen, large bedrooms, expansive deck, super usable fenced back yard, and more. Fairoaks is a very desirable neighborhood close to all that makes our area great – adjacent to hiking/biking trails, just down the road to downtown Carrboro and the famous Carrboro Farmers Market and all of the shops and restaurants we all love, easy access to UNC, Duke, RTP, and RDU.

Last Agent to Sell the Property

Eric White

Coldwell Banker Advantage License #256781 Listed on: 01/11/2022

Coldwell Banker Advantage

Last Buyer's Agent

Pat Dillon

Nest Realty of the Triangle License #232825

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,793

Year Built

  • Built in 1989

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 82x109x60x114
  • Fenced Yard
  • Landscaped

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Transitional Architecture
  • Masonite

Interior Spaces

  • 1,602 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

  • Mcdougle Elementary And Middle School
  • Chapel Hill High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Towne Properties Association, Phone Number (919) 878-8787
  • Fairoaks Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,793

Year Built

Built in 1989

Lot Details

0

HOA Fees

$23 per month

Parking

1

Listing Details

  • Year Built: 1989
  • Prop. Type: Residential
  • Subdivision Name: Fairoaks
  • Above Grade Finished Sq Ft: 1602.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 474.0
  • General Property Information Total Unfinished Area2: 474.0
  • General Property Information Lot Size Dimensions: 82x109x60x114
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: 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
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Above Grade Finished Area: 1602.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • General Property Information:Living Area3: 1602.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.18
  • Construction Type: Masonite
  • Patio And Porch Features: Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 70.0
  • Association Fee Frequency: Quarterly
  • Association Name: Towne Properties
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 70.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: 82x109x60x114
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5793.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: CH/Carrboro - McDougle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Feb 22, 2022
Sold by
Eileen Peterson
Bought by
Oconnell Molly Ruth and Brown Matthew Kenan
Seller's Agent
Eric White
Coldwell Banker Advantage
Buyer's Agent
Pat Dillon
Nest Realty of the Triangle
List Price
$465,000
Sold Price
$515,000
Premium/Discount to List
$50,000
10.75%
Current Estimated Value
$544,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,466
Avg. Annual Appreciation
1.44%
Original Mortgage
$386,250
Outstanding Balance
$356,604
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$187,862

Purchase Details

Closed on
Aug 15, 1995
Bought by
Peterson
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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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
Oconnell Molly Ruth $515,000 Maitland & English Law Firm
Peterson $201,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Molly Ruth $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $515,000 -- --
02/22/2022 02/22/22 Sold $515,000 +10.8% $321 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $465,000 -- $290 / 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 $7,359 $526,900 $270,000 $256,900
2024 $5,948 $342,900 $170,000 $172,900
2023 $5,848 $342,900 $170,000 $172,900
2022 $5,782 $342,900 $170,000 $172,900
2021 $5,739 $342,900 $170,000 $172,900
2020 $5,181 $296,500 $150,000 $146,500
2018 $5,089 $296,500 $150,000 $146,500
2017 $4,223 $296,500 $150,000 $146,500
2016 $4,223 $245,611 $77,035 $168,576
2015 $4,223 $245,611 $77,035 $168,576
2014 $4,183 $245,611 $77,035 $168,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2426159

Doorify MLS

APN: 9779421607