NOT LISTED FOR SALE

208 Cedar Terrace Rd Unit A&B Chapel Hill, NC 27516

Briar Chapel Area
4 Beds
2 Baths
1,708 Sq Ft
0.94 Acre Lot

Sale Details

Date Sold: May 27, 2022

Last sale price $320,000 $187 Per Sq Ft

7 Days on Market

Highlights

  • Fireplace
  • Central Air
  • Carpet
  • Margaret B. Pollard Middle School Rated A-
  • Wood Siding
  • Heating Available

About This Home

As of May 2022

Excellent investment opportunity! Chapel Hill address with Chatham County taxes. Both units of this duplex have a history of remaining rented because of the great location just ten minutes to UNC. Very close to shopping and free public transportation. Each side of this duplex has 2 BR, 1 BA, Living Room, Dining Area, Kitchen, and Laundry Closet. Both tenants would like to renew lease. Showings by appointment only.

Last Agent to Sell the Property

Anna Rudey

Keller Williams Elite Realty License #299194 Listed on: 04/15/2022

Keller Williams Elite Realty

Last Buyer's Agent

Erica Anderson

Team Anderson Realty License #266838

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1979

Lot Details

  • 0.94

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Perry Harrison Elementary School
  • Margaret B Pollard Middle School
  • Northwood High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • 2 Units
  • Cedar Terrace Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,718

Year Built

Built in 1979

Lot Details

0.94 Acres

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential Income
  • Subdivision Name: Cedar Terrace
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Margaret B Pollard

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1718.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Chatham - Perry Harrison

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jul 6, 2022
Sold by
Bought by
Seller's Agent
Anna Rudey
Keller Williams Elite Realty
Buyer's Agent
Erica Anderson
Team Anderson Realty
List Price
$319,000
Sold Price
$320,000
Premium/Discount to List
$1,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 18, 2022
Sold by
Bought by
Seller's Agent
Anna Rudey
Keller Williams Elite Realty
Buyer's Agent
Erica Anderson
Team Anderson Realty
List Price
$319,000
Sold Price
$320,000
Premium/Discount to List
$1,000
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 24, 2020
Sold by
Bought by

Purchase Details

Closed on
May 18, 2007
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Westerlund & Zdenek Law Pa
-- Lorenz & Creed Law Firm Pllc
$320,000 None Listed On Document
-- None Available
$1,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $320,000 -- --
05/27/2022 05/27/22 Sold $320,000 +0.3% $187 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $319,000 -- $187 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,539 $317,007 $58,200 $258,807
2024 $2,539 $222,317 $48,500 $173,817
2023 $2,170 $222,317 $48,500 $173,817
2022 $1,991 $222,317 $48,500 $173,817
2021 $1,969 $222,317 $48,500 $173,817
2020 $1,407 $148,707 $41,225 $107,482
2019 $1,407 $148,707 $41,225 $107,482
2018 $1,337 $148,707 $41,225 $107,482
2017 $1,337 $148,707 $41,225 $107,482
2016 $1,346 $148,707 $41,225 $107,482
2015 $1,328 $148,707 $41,225 $107,482
2014 $1,306 $148,707 $41,225 $107,482
2013 -- $148,707 $41,225 $107,482
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 2442659

Doorify MLS

APN: 0002215

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