NOT LISTED FOR SALE

2305 Pathway Dr Chapel Hill, NC 27516

Estimated Value: $753,000 - $781,000

4 Beds
2.5 Baths
2,590 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $751,500 $290 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,889/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • C and L Mcdougle Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of December 2024

Welcome to 2305 Pathway Drive, an inviting home ideally situated in desirable Cates Farm! This 4-bedroom gem is just moments from all that makes Carrboro special, from weekends at Weaver Street to hiking along Bolin Creek Trail. It's just a hop, skip, and a jump to McDougle Middle and Elementary schools, Bolin Forest, and Carrboro's MLK Park, making this home perfect for an active lifestyle. Inside, the layout offers ample space for living, entertaining, or working from home, while the private yard provides a peaceful retreat that backs up to trees—ideal for relaxing on the deck or grilling out in the backyard. New carpet, light fixtures, and paint throughout most of the home make it easy to move right in and make yourselves at home in this super friendly neighborhood! This home offers both privacy and community, balancing natural surroundings with easy access to everything Carrboro and Chapel Hill have to offer. Don't miss out on this rare find!

Last Agent to Sell the Property

Inna Shapiro

NorthGroup Real Estate, Inc. License #285460 Listed on: 10/31/2024

NorthGroup Real Estate, Inc.

Last Buyer's Agent

Dara Shain

Inhabit Real Estate License #293940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1995

Lot Details

  • 0.42 Acre Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 2,590 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Mcdougle Elementary And Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Cates Farm HOA, Phone Number (919) 929-2185
  • Cates Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9779231044

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,167

Year Built

Built in 1995

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Cates Farm
  • Above Grade Finished Sq Ft: 2590.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Welcome to 2305 Pathway Drive, an inviting home ideally situated in desirable Cates Farm! This 4-bedroom gem is just moments from all that makes Carrboro special, from weekends at Weaver Street to hiking along Bolin Creek Trail. It's just a hop, skip, and a jump to McDougle Middle and Elementary schools, Bolin Forest, and Carrboro's MLK Park, making this home perfect for an active lifestyle. Inside, the layout offers ample space for living, entertaining, or working from home, while the private yard provides a peaceful retreat that backs up to trees—ideal for relaxing on the deck or grilling out in the backyard. New carpet, light fixtures, and paint throughout most of the home make it easy to move right in and make yourselves at home in this super friendly neighborhood! This home offers both privacy and community, balancing natural surroundings with easy access to everything Carrboro and Chapel Hill have to offer. Don't miss out on this rare find!
  • General Property Information Association Phone: 9199292185
  • Foundation Details Block3: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 2590.0
  • General Property Information Lot Size Square Feet2: 18295.0
  • General Property Information Lot Size Acres: 0.42
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2590.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.42
  • Construction Type: Masonite
  • Foundation Details: Block
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 4.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air, Gas Pack
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association Name: Cates Farm HOA
  • Phone: 919-929-2185
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Cates Farm HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 175.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 18295.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9779231044
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7166.58
  • Tax Year: 2023
  • Tax Map Number: 72

MLS Schools

  • Elementary School: CH/Carrboro - McDougle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Dec 18, 2024
Sold by
Granelli Renee F and Granelli Michael J
Bought by
Graves Jennifer Susan and Sherf Elad Netanel
Seller's Agent
Inna Shapiro
NorthGroup Real Estate, Inc.
Buyer's Agent
Dara Shain
Inhabit Real Estate
List Price
$835,000
Sold Price
$751,500
Premium/Discount to List
-$83,500
-10%
Views
201
Current Estimated Value
$769,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,628
Avg. Annual Appreciation
2.30%
Original Mortgage
$351,500
Outstanding Balance
$348,736
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$420,392

Purchase Details

Closed on
Apr 17, 1995
Bought by
Granelli and Granelli
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Graves Jennifer Susan $751,500 None Listed On Document
Graves Jennifer Susan $751,500 None Listed On Document
Granelli $199,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Jennifer Susan $351,500
Closed Graves Jennifer Susan $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $751,500 +0.2% $290 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/20/2024 11/20/24 Price Changed $749,900 -6.1% $290 / Sq Ft
11/09/2024 11/09/24 Price Changed $799,000 -4.3% $308 / Sq Ft
10/31/2024 10/31/24 For Sale $835,000 -- $322 / 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 $10,272 $742,400 $310,000 $432,400
2024 $7,525 $437,600 $100,000 $337,600
2023 $7,399 $437,600 $100,000 $337,600
2022 $7,315 $437,600 $100,000 $337,600
2021 $7,260 $437,600 $100,000 $337,600
2020 $7,162 $415,200 $100,000 $315,200
2018 $7,044 $415,200 $100,000 $315,200
2017 $6,168 $415,200 $100,000 $315,200
2016 $6,168 $361,671 $89,304 $272,367
2015 $6,168 $361,671 $89,304 $272,367
2014 $6,128 $361,671 $89,304 $272,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10061085

Doorify MLS

APN: 9779231044