NOT LISTED FOR SALE

271 Erwin Rd Chapel Hill, NC 27514

Estimated Value: $573,000 - $750,000

2.64 Acres
$252,069 Price per Acre
114,998 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $600,000 $541 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,201/month

1,092 Days on Market

About This Lot

As of December 2021

Rare opportunity in Chapel Hill N.C. 27514 , Land for development , Walking distance to East Chapel Hill High. Near Water and sewer. Natural gas and Electricity on the property.Chapel Hill is in need of new construction

Last Agent to Sell the Property

Thomas Watts

Coldwell Banker - HPW License #88663 Listed on: 10/17/2018

Coldwell Banker - HPW

Last Buyer's Agent

Jonathan Dayan

The Virtual Realty Group INC License #280438

Property Details

Property Type

  • Land

Lot Details

  • 2.64 Acre Lot
  • Lot Dimensions are 247 x 412 x 284 x 422
  • Sloped Lot
  • Cleared Lot

Schools

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

Utilities

  • Well
  • Conventional Septic
  • Phone Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 247 x 412 x 284 x 422
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Rare opportunity in Chapel Hill N.C. 27514 , Land for development , Walking distance to East Chapel Hill High. Near Water and sewer. Natural gas and Electricity on the property.Chapel Hill is in need of new construction
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Vegetation Cleared2: Yes
  • Sewer Conventional3: Yes
  • General Property Information Lot Size Square Feet2: 114998.0
  • General Property Information Lot Size Acres: 2.64
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.64
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Well

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 247 x 412 x 284 x 422
  • Lot Size Sq Ft: 114998.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 1.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: CH/Carrboro - Rashkis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Dec 6, 2021
Sold by
Russell Brenda Booth and Skinner Brenda Lou
Bought by
Durhamite Lesher Llc
Seller's Agent
Thomas Watts
Coldwell Banker - HPW
Buyer's Agent
Jonathan Dayan
The Virtual Realty Group INC
List Price
$685,000
Sold Price
$600,000
Premium/Discount to List
-$85,000
-12.41%
Current Estimated Value
$665,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,462
Avg. Annual Appreciation
2.55%

Purchase Details

Closed on
Mar 21, 1995
Bought by
Russell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Durhamite Lesher Llc $600,000 None Available
Russell $201,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $600,000 -- --
12/17/2021 12/17/21 Sold $600,000 -7.7% $541 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/15/2020 10/15/20 Price Changed $650,000 -5.1% $586 / Sq Ft
10/17/2018 10/17/18 For Sale $685,000 -- $617 / 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 $8,943 $673,400 $673,200 $200
2024 $5,136 $295,900 $295,700 $200
2023 $4,995 $295,900 $295,700 $200
2022 $6,661 $408,400 $295,700 $112,700
2021 $6,577 $408,400 $295,700 $112,700
2020 $5,415 $311,600 $206,000 $105,600
2018 $5,285 $311,600 $206,000 $105,600
2017 $4,724 $311,600 $206,000 $105,600
2016 $4,724 $274,812 $199,595 $75,217
2015 $4,725 $274,812 $199,595 $75,217
2014 $4,672 $274,812 $199,595 $75,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2220413

Doorify MLS

APN: 9890512638