NOT LISTED FOR SALE

24 Frances St Chapel Hill, NC 27517

Estimated Value: $477,000 - $528,078

2 Beds
1.5 Baths
1,521 Sq Ft
$330/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $435,000 $286 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,199/month

4 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Ephesus Elementary School Rated A
  • Ranch Style House
  • High Ceiling

About This Home

As of November 2022

If you think a snowflake is unique, wait until you take in this rustic unicorn, which is truly a study in contrast of both magical and practical properties. Affectionately known as The Bunker by its former occupants, this concrete block home offers a unique blend of privacy and functionality. The magic comes through the modernist vibes and huge acre lot, along with tall ceilings, an open layout, and even your very own sauna. You will undoubtedly be the only homeowner in your crew with brazilian walnut hardwood flooring in their home. Additional modernalities include huge windows, updated lighting, a euro-style fireplace, wraparound deck, and an A+ energy efficiency report card. Rustic details can be found in the hand-hammered copper sink, wood shelving throughout the kitchen, and pine hardwood flooring throughout the back part of the house. More practical qualities include a detached wired workshop, a huge, private fenced-in yard, courtyard, and a mega-convenient location close to all things Chapel Hill.

Last Agent to Sell the Property

Alison Domnas

Inhabit Real Estate License #274189 Listed on: 10/07/2022

Last Buyer's Agent

Jaye Kreller

Inhabit Real Estate License #180490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1999

Lot Details

  • 1.8 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Gravel Driveway
  • On-Street Parking

Home Design

  • Ranch Style House
  • Modernist Architecture
  • Cement Siding

Interior Spaces

  • 1,521 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Schools

  • Ephesus Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Ridgefield North Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,174

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Ridgefield North
  • Above Grade Finished Sq Ft: 1521.0
  • Architectural Style: Modernist, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 464.0
  • General Property Information Total Unfinished Area2: 464.0
  • General Property Information Lot Size Dimensions: See plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Laundry Closet: Yes
  • Other Structures Workshop: Yes
  • Architectural Style Modernist: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1521.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 78408.0
  • General Property Information Lot Size Acres: 1.8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile, Wood
  • Interior Amenities: High Ceilings, Pantry, Storage, Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 1.8
  • Construction Type: Cement Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Cement Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage Faces Rear, Gravel, On Street
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 78408.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5174.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 6, 2022
Sold by
Perrone Kevin H
Bought by
Reilly Caroline E and Mcwilliams Peter
Seller's Agent
Alison Domnas
Inhabit Real Estate
Buyer's Agent
Jaye Kreller
Inhabit Real Estate
List Price
$395,000
Sold Price
$435,000
Premium/Discount to List
$40,000
10.13%
Views
12
Current Estimated Value
$502,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,270
Avg. Annual Appreciation
4.43%
Original Mortgage
$348,000
Outstanding Balance
$338,881
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$152,083

Purchase Details

Closed on
Apr 29, 2014
Sold by
Somer Toivo A and Somer Taavo
Bought by
Perrone Kevin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 20, 2005
Sold by
Somer Toivo A
Bought by
Somer Toivo A and Somer Taavo
Source: Public Records

Range of Values:

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Average Value
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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
Reilly Caroline E $435,000 --
Perrone Kevin H $124,000 None Available
Somer Toivo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Caroline E $348,000
Previous Owner Perrone Kevin H $250,000
Previous Owner Somer Toivo A $101,375
Previous Owner Somer $144,047
Previous Owner Somer Toivo A $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $435,000 -- --
11/09/2022 11/09/22 Sold $435,000 +10.1% $286 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $395,000 -- $260 / 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 $5,539 $316,200 $115,000 $201,200
2023 $5,393 $316,200 $115,000 $201,200
2022 $5,174 $316,200 $115,000 $201,200
2021 $5,110 $316,200 $115,000 $201,200
2020 $5,000 $290,200 $95,000 $195,200
2018 $4,878 $290,200 $95,000 $195,200
2017 $4,611 $290,200 $95,000 $195,200
2016 $4,611 $271,573 $95,377 $176,196
2015 $4,611 $271,573 $95,377 $176,196
2014 $4,564 $271,573 $95,377 $176,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477944

Doorify MLS

APN: 9799346046