NOT LISTED FOR SALE

2705 Nc Highway 54 W Chapel Hill, NC 27516

Estimated Value: $214,000 - $360,000

3 Beds
2 Baths
1,668 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $217,500 $130 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,927/month

4 Days on Market

Highlights

  • 8.29 Acre Lot
  • Traditional Architecture
  • No HOA
  • Cedar Ridge High Rated A-
  • Wood Flooring
  • Private Driveway

About This Home

As of July 2021

Bring your builder and animals! This beautiful property boasts 8+ acres including a partially built home, mostly acreage and a pond! Some mature trees. House is not livable and needs to be finished or demolished. Less than 15 min from UNC Chapel Hill campus. Less than 10 min to downtown Carrboro. Only 5 min to the Honeysuckle Tea House. 3 bedroom septic permit with Orange County, expired in 2017 but county has said it can be reopened. Contract has been accepted & is awaiting DD check to mark as pending

Last Agent to Sell the Property

Eric Villeneuve

New Village Real Estate License #298681 Listed on: 06/05/2021

Last Buyer's Agent

Jeff Garrett

Allen Tate/Wake Forest License #268047

Allen Tate/Wake Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1955

Lot Details

  • 8.29 Acre Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,668 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • Unpaved Parking

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,673

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1668.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 408 x 990 x 343 x 1084 irregular
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Structure Type Site Built: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 1668.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 361112.4
  • General Property Information Lot Size Acres: 8.29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7

Exterior Features

  • Acres: 8.29
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Unpaved: Yes

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: 408 x 990 x 343 x 1084 irregular
  • Lot Size Sq Ft: 361112.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1673.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Orange - Grady Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 20, 2021
Sold by
New Village Llc
Bought by
Liao Ingrid
Seller's Agent
Eric Villeneuve
New Village Real Estate
Buyer's Agent
Jeff Garrett
Allen Tate/Wake Forest
List Price
$219,000
Sold Price
$217,500
Premium/Discount to List
-$1,500
-0.68%
Current Estimated Value
$298,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,789
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Feb 18, 2021
Sold by
Richards Rudolph and Fuhr Nancy
Bought by
New Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2013
Sold by
Minton George Ray and Minton George Raymond
Bought by
Richards Rudolph

Purchase Details

Closed on
Jul 31, 2009
Sold by
Traube Robert J and Estate Of Mary Ann Traube
Bought by
Minton George Ray and Minton William L
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
Liao Ingrid $217,500 None Available
New Village Llc $151,500 None Available
Richards Rudolph $90,000 None Available
Minton George Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner New Village Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $217,500 -- --
07/20/2021 07/20/21 Sold $217,500 -0.7% $130 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $219,000 -- $131 / 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 $4,147 $585,500 $402,800 $182,700
2024 $1,199 $126,800 $120,800 $6,000
2023 $1,164 $126,800 $120,800 $6,000
2022 $2,006 $206,200 $120,800 $85,400
2021 $1,959 $206,200 $120,800 $85,400
2020 $1,673 $163,600 $93,500 $70,100
2018 $1,635 $163,600 $93,500 $70,100
2017 $919 $145,900 $90,400 $55,500
2016 $1,026 $96,900 $93,000 $3,900
2015 $909 $96,900 $93,000 $3,900
2014 $909 $96,900 $93,000 $3,900
Source: Public Records

Agents Affiliated with this Home

  • Eric Villeneuve

    Seller's Agent in 2021

    Eric Villeneuve

    New Village Real Estate

    (919) 795-0354

    2 in this area

    128 Total Sales

    Eric Villeneuve
    Section Image
  • Jeff Garrett

    Buyer's Agent in 2021

    Jeff Garrett

    Allen Tate/Wake Forest

    (919) 995-8613

    1 in this area

    63 Total Sales

    Jeff Garrett
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2388063

Doorify MLS

APN: 9749828015

North Carolina Orange County Chapel Hill 27516

2705 Nc Highway 54 W, Chapel Hill, NC

This home is located at 2705 Nc Highway 54 W, Chapel Hill, NC 27516 since 05 June 2021 and is currently estimated at $298,289, approximately $178 per square foot. This property was built in 1955. 2705 Nc Highway 54 W is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

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