NOT LISTED FOR SALE

2824 Lystra Rd Chapel Hill, NC 27517

Estimated Value: $364,005

5.11 Acres
$71,234 Price per Acre
222,592 Sq Ft Lot

Last Sold June 13, 2022

Last sale price $289,900

Est. 26% increase in value since last sale

Current estimated payment $2,056/month

1 Day on Market

Highlights

  • Heavily Wooded Lot
  • North Chatham Elementary School Rated A-
  • Lot Has A Rolling Slope

About This Lot

As of June 2022

Build your dream home on this rare 5.11 acres of million-dollar, blissful, uninterrupted mountainous views.  This property is located minutes from Jordan Lake and nestled within lush greenery in every direction. Gravel entrance from Lystra Rd that leads to your future homesite is in place and utilities are on site.  Use our builder or bring your own this rare property will be a retreat away from city life.

Last Agent to Sell the Property

Erin Van Horn

BRAKEN LLC License #277853 Listed on: 05/01/2022

BRAKEN LLC

Last Buyer's Agent

Chris Ehrenfeld

Bold Real Estate License #192086

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,589

Lot Details

  • 5.11 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Heavily Wooded Lot

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Northwood High School

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$1,589

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Subdivision Name: Not in a Subdivision
  • Lot Features Partially Cleared: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Heavily Wooded: Yes
  • Water Source Need Well: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 5.11
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 5.11
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: None
  • Water Source: Need Well

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 222591.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Jjpr Llc
Bought by
Morecroft Susan and Linthicum Kevin
Current Estimated Value
$364,005

Purchase Details

Listed on
May 1, 2022
Closed on
Jun 9, 2022
Sold by
Steve Lanning
Bought by
Smith Robert and Smith Jennifer
Seller's Agent
Erin Van Horn
BRAKEN LLC
Buyer's Agent
Chris Ehrenfeld
Bold Real Estate
List Price
$289,000
Sold Price
$289,900
Premium/Discount to List
$900
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
May 16, 2008
Sold by
Riverbend Plantation Llc
Bought by
Miller David E

Purchase Details

Closed on
Sep 7, 2006
Sold by
Horse Farms Ltd Llc
Bought by
Miller David E
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
Morecroft Susan $350,000 None Listed On Document
Smith Robert $289,000 Holt Thomas R
Miller David E -- None Available
Miller David E $480,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $289,900 -- --
06/13/2022 06/13/22 Sold $289,900 +0.3% --
05/02/2022 05/02/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $289,000 -- --
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 $1,589 $89,246 $89,246 $0
2023 $726 $89,246 $89,246 $0
2022 $699 $89,246 $89,246 $0
2021 $0 $89,246 $89,246 $0
2020 $1,042 $133,992 $133,992 $0
2019 $1,042 $133,992 $133,992 $0
2018 $980 $133,992 $133,992 $0
2017 $980 $133,992 $133,992 $0
2016 $803 $95,812 $95,812 $0
2015 $695 $95,812 $95,812 $0
2014 $680 $95,812 $95,812 $0
2013 -- $95,812 $95,812 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2445999

Doorify MLS

APN: 78295