NOT LISTED FOR SALE

2021 Markham Dr Chapel Hill, NC 27514

Estimated Value: $443,000 - $1,628,000

0.53 Acre
$1,605,032 Price per Acre
23,087 Sq Ft Lot

Last Sold June 10, 2024

Last sale price $435,000 $337 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,889/month

40 Days on Market

Highlights

  • Forest View
  • No HOA
  • Many Trees
  • Estes Hills Elementary School Rated A

About This Lot

As of June 2024

Location, location location!! This lot is in a beautiful and quiet neighborhood and a fantastic location. Trees have already been cleared and utilities are available at the lot already. It is close to the lovely Lower Booker Creek Trail and just a few blocks from shopping such as Trader Joe's and Whole Foods! This is a prime spot, so come check out the views and neighborhood today!

Last Agent to Sell the Property

Scott Baker

Trelora Realty Inc. License #331487 Listed on: 03/08/2024

Last Buyer's Agent

Anne Clayton

Flex Realty License #303708

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,392

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 175x111x172x173
  • Cleared Lot
  • Many Trees

Property Views

  • Forest Views

Schools

  • Estes Hills Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Community Details

  • No Home Owners Association
  • Clark Hills Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,392

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Reso Association Fee Includes: None
  • Subdivision Name: Clark Hills
  • General Property Information Lot Size Dimensions: 175x111x172x173
  • Water Source Public: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Development Status Raw Land: Yes
  • View Forest: Yes
  • General Property Information Lot Size Square Feet2: 23087.0
  • General Property Information Lot Size Acres: 0.53
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Community Features:None3: Yes

Exterior Features

  • Fencing: None
  • Acres: 0.53
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Horse Amenities:None11: Yes

Schools

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

Lot Info

  • Zoning: R-1
  • Current Use: Vacant, See Remarks
  • Development Status: Raw Land
  • Horse Amenities: None
  • Lot Dimensions: 175x111x172x173
  • Lot Size Sq Ft: 23087.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4392.1
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Drees Homes Company and Drees Company
Bought by
Machiraju Vijay and Machiraju Anuradha
Current Estimated Value
$850,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Outstanding Balance
$810,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$40,667

Purchase Details

Closed on
Aug 12, 2024
Sold by
Machiraju Vijay and Machiraju Anuradha
Bought by
Drees Homes Company and Drees Company

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 7, 2024
Sold by
Khaksari Akram and Hajirahim Mohsen
Bought by
Machiraju Vijay and Machiraju Anuradha
Seller's Agent
Scott Baker
Trelora Realty Inc.
Buyer's Agent
Anne Clayton
Flex Realty
List Price
$435,000
Sold Price
$435,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.40%

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jun 21, 2023
Sold by
Miller Linda J and Miller Roy B
Bought by
Khaksari Akram
Seller's Agent
Jenny Barber
Allen Tate / Durham
Buyer's Agent
Warren Wehmann
Coldwell Banker - HPW
List Price
$340,000
Sold Price
$290,000
Premium/Discount to List
-$50,000
-14.71%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.56%

Purchase Details

Closed on
Aug 30, 1986
Bought by
Miller
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Machiraju Vijay $1,576,000 None Listed On Document
Machiraju Vijay $1,576,000 None Listed On Document
Drees Homes Company $435,000 None Listed On Document
Machiraju Vijay $435,000 Market Title
Khaksari Akram $290,000 None Listed On Document
Miller $119,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machiraju Vijay $810,000
Closed Machiraju Vijay $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $435,000 0.0% $337 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $435,000 +50.0% $337 / Sq Ft
12/14/2023 12/14/23 Off Market $290,000 -- --
06/26/2023 06/26/23 Sold $290,000 -14.7% $233 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $340,000 -- $273 / 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 $3,053 $170,000 $170,000 $0
2023 $3,484 $273,600 $170,000 $103,600
2022 $4,457 $273,600 $170,000 $103,600
2021 $4,401 $273,600 $170,000 $103,600
2020 $4,220 $245,700 $150,000 $95,700
2018 $4,120 $245,700 $150,000 $95,700
2017 $3,677 $255,100 $150,000 $105,100
2016 $3,677 $216,196 $123,608 $92,588
2015 $3,678 $216,196 $123,608 $92,588
2014 $3,634 $216,196 $123,608 $92,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10015996

Doorify MLS

APN: 9799170600