NOT LISTED FOR SALE

229 Summerwalk Cir Chapel Hill, NC 27517

Estimated Value: $248,000 - $267,000

2 Beds
2 Baths
955 Sq Ft
$208/mo HOA Fee

Last Sold March 20, 2024

Last sale price $248,000 $260 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,845/month

127 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Wood Siding
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

This lovely home is full of modern updates and features that make it a great choice for anyone looking for a comfortable place to call home. The natural color palette and fresh interior paint create a warm and inviting atmosphere. The kitchen is equipped with a nice backsplash and new appliances, while the primary bathroom has good under sink storage. The living room is centered around a fireplace, and there are other rooms for flexible living space. This property is sure to make a great home for anyone. Come see it today and experience all it has to offer! This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Thomas Shoupe

Opendoor Brokerage LLC License #239817 Listed on: 01/29/2024

Co-Listed By

Whitney Hunt Sailors

Opendoor Brokerage LLC License #229061

Last Buyer's Agent

Yonggang Sha

CHK Realty License #283204

CHK Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1985

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Wood Siding
  • Masonite

Interior Spaces

  • 955 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Creekside Elementary School
  • Grey Culbreth Middle School
  • East Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Finley Forest Condo Assoc Association
  • Finley Forest Condos Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,487

Year Built

Built in 1985

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Co List Office Mls Id: 77422
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: Finley Forest Condos
  • Above Grade Finished Sq Ft: 955.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 955.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 208.0
  • Association Fee Frequency: Monthly
  • Association Name: Finley Forest Condo Assoc
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Finley Forest Condo Assoc
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 208.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2487.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Creekside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 20, 2024
Sold by
Opendoor Property Trust
Bought by
Jiao Yiqun
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
Yonggang Sha
CHK Realty
List Price
$248,000
Sold Price
$248,000
Views
265
Current Estimated Value
$257,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,150
Avg. Annual Appreciation
1.89%
Original Mortgage
$170,000
Outstanding Balance
$167,505
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$87,328

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 12, 2023
Sold by
Coutinho Viveca Blossom
Bought by
Opendoor Property Trust
Seller's Agent
Debra Wynne
3 BROTHERS REALTY OF ALAMANCE
Buyer's Agent
Thomas Shoupe
Opendoor Brokerage LLC
List Price
$269,000
Sold Price
$221,800
Premium/Discount to List
-$47,200
-17.55%
Views
265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.95%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Volk Sarah E and Volk Matthew J
Bought by
Coutinho Viveca Blossom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
3.72%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2007
Sold by
Volk Sarah E and Volk Matthew J
Bought by
Volk Sarah E and Volk Matthew J

Purchase Details

Closed on
Apr 25, 2006
Sold by
Troutman Patrick S and Troutman Amanda
Bought by
Wheeler Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,900
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2002
Sold by
Baker Ennis and Baker Dennis
Bought by
Troutman Patrick S and Troutman Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Jiao Yiqun $248,000 None Listed On Document
Opendoor Property Trust $222,000 None Listed On Document
Coutinho Viveca Blossom $110,000 None Available
Volk Sarah E -- None Available
Wheeler Sarah E $134,500 None Available
Troutman Patrick S $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiao Yiqun $170,000
Previous Owner Coutinho Viveca Blossom $108,007
Previous Owner Wheeler Sarah E $26,900
Previous Owner Wheeler Sarah E $107,600
Previous Owner Patrick S $11,711
Previous Owner Troutman Patrick S $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $248,000 0.0% $260 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $248,000 0.0% $260 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $248,000 0.0% $260 / Sq Ft
12/12/2023 12/12/23 Off Market $248,000 -- --
11/02/2023 11/02/23 Price Changed $248,000 -0.8% $260 / Sq Ft
10/09/2023 10/09/23 For Sale $250,000 -- $262 / 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 $2,872 $161,900 $0 $161,900
2023 $2,799 $161,900 $0 $161,900
2022 $2,687 $161,900 $0 $161,900
2021 $2,655 $161,900 $0 $161,900
2020 $2,060 $115,200 $0 $115,200
2018 $2,006 $115,200 $0 $115,200
2017 $2,367 $115,200 $0 $115,200
2016 $2,367 $137,633 $44,713 $92,920
2015 $2,367 $137,633 $44,713 $92,920
2014 $2,309 $137,633 $44,713 $92,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2536293

Doorify MLS

APN: 9798617453.005