NOT LISTED FOR SALE

2111 Phelps Rd Hillsborough, NC 27278

Estimated Value: $1,316,000 - $1,513,909

5 Beds
4.5 Baths
5,609 Sq Ft
$255/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2022

Last sale price $1,075,000 $192 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,514 / mo

60 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Transitional Architecture
  • 15.65 Acre Lot
  • Wooded Lot
  • Wood Flooring

About This Home

As of February 2022

Space, tranquility, acreage, luxury-Coveted Orange County location offers convenience as home's ample flex spaces provide ultimate living options-Heated/cooled garage-Horses permitted for equestrians searching to bring their stables home-Island kitchen-Huge pantries-Hardwoods throughout-Main floor master+addtional bedroom for finest in 1st level living while the dwelling's details boast decadence-Idyllic living offers upscale serenity in this exquisite property-Space for barn-Be sure to Click Virtual Tour

Last Agent to Sell the Property

Diann Worrell

Berkshire Hathaway HomeService License #261034 Listed on: 10/23/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Frank Casadonte

Hillsborough Real Estate Group License #304092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,058

Year Built

  • Built in 2006

Lot Details

  • 15.65 Acre Lot
  • Lot Dimensions are 1142x849x851x555
  • Fenced Yard
  • Corner Lot
  • Open Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 3 Car Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5,609 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Home Gym
  • Crawl Space
  • Permanent Attic Stairs
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Pathways Elementary School
  • Orange Middle School
  • Orange High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,058

Year Built

Built in 2006

Lot Details

15.65 Acres

Parking

3

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 5609.0
  • Architectural Style: Traditional, 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: 1656.0
  • General Property Information Total Unfinished Area2: 1656.0
  • General Property Information Lot Size Dimensions: 1142x849x851x555
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Proudly presented by Diann Worrell, Realtor at BHHS York Simpson Underwood, a proven luxury market leader in the Triangle.
  • Interior Features Room Over Garage: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Horse YN2: Yes
  • General Property Information Above Grade Finished Area: 5609.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 681714.0
  • General Property Information Lot Size Acres: 15.65
  • General Property Information:Living Area3: 5609.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Room Over Garage, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Dryer, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Double Oven: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 15.65
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Pasture2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Asphalt, Driveway, Garage, Garage Door Opener, Garage Faces Side, Parking Pad
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Pad: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Forced Air, Propane, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Orange - Orange
  • Middle Or Junior School: Orange - Orange

Lot Info

  • Lot Dimensions: 1142x849x851x555
  • Lot Size Sq Ft: 681714.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8058.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Orange - Pathways

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Feb 9, 2022
Sold by
Best Gloria W
Bought by
Philipps Hilary M and Philipps Gavin K
Seller's Agent
Diann Worrell
Berkshire Hathaway HomeService
Buyer's Agent
Frank Casadonte
Hillsborough Real Estate Group
List Price
$1,399,900
Sold Price
$1,075,000
Premium/Discount to List
-$324,900
-23.21%
Current Estimated Value
$1,432,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,477
Avg. Annual Appreciation
7.16%
Original Mortgage
$860,000
Outstanding Balance
$787,816
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$644,661

Purchase Details

Closed on
Sep 10, 2007
Sold by
Sfk Inc
Bought by
Best John P and Best Gloria W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,800
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2006
Sold by
Evans Samuel W and Evans Deanna L
Bought by
Sfk Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.31%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Philipps Hilary M $1,075,000 Parker D Michael
Best John P $736,000 None Available
Sfk Inc $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philipps Hilary M $860,000
Previous Owner Best John P $588,800
Previous Owner Sfk Inc $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $1,075,000 -- --
02/14/2022 02/14/22 Sold $1,075,000 -10.0% $192 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/02/2021 12/02/21 Price Changed $1,195,000 -14.6% $213 / Sq Ft
10/23/2021 10/23/21 For Sale $1,399,900 -- $250 / Sq Ft
Source: Doorify MLS

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 $10,405 $1,405,700 $321,600 $1,084,100
2024 $10,022 $1,010,800 $169,700 $841,100
2023 $8,999 $942,000 $169,700 $772,300
2022 $8,601 $913,400 $162,400 $751,000
2021 $8,487 $913,400 $162,400 $751,000
2020 $8,201 $837,100 $137,700 $699,400
2018 $8,017 $837,100 $137,700 $699,400
2017 $7,351 $837,100 $137,700 $699,400
2016 $7,351 $753,300 $149,600 $603,700
2015 $8,028 $823,736 $175,359 $648,377
2014 $7,926 $823,736 $175,359 $648,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2415273

Doorify MLS

APN: 9876664132

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