NOT LISTED FOR SALE

291 Tall Oaks Rd Unit A & B Chapel Hill, NC 27516

4 Beds
2 Baths
1,708 Sq Ft
0.92 Acres

Last Sold August 31, 2023

Last sale price $340,000 $199 Per Sq Ft

20 Days on Market

Highlights

  • 0.92 Acre Lot
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Margaret B. Pollard Middle School Rated A-
  • Accessible Washer and Dryer
  • Wood Siding

About This Home

As of August 2023

Excellent Investment Property! This Well-Maintained Duplex is just minutes from downtown Chapel Hill and is situated on a private, wooded lot w/ good drainage. Each unit features: vaulted ceilings, large rooms, ample closets, 2 NEW Storm Doors, 10 x 4 Additional Storage and a generous Deck. Unit A has carpeting in the LR, DR and both BRs. Unit B has newer Laminate Flooring in those rooms, PLUS it has new Cabinets, new Countertops, a new Dishwasher, Smooth Ceilings, all new Sinks & Faucets and more. These homes have an EXCELLENT RENTAL HISTORY. Units are fully rented. Leases are month-to-month. NEW Well Pump-Aug, 2016. NEW Roof-May, 2019, the A unit Heat Pump was replaced March, 2015 and the B unit Heat Pump was replaced November, 2022. Refrigerators, Ranges and Dishwashers convey. The outside wall of the storage space has been replaced and a new meter box & breaker panels have been installed. Very Dry Crawlspace! Convenient Park and Ride lot is nearby. Tenants pay all utilities. Selling As Is. Walk to Cole Park Plaza. Easy access to UNC w/Low Chatham County Taxes. More-SEE AgtRmks.

Last Agent to Sell the Property

Barry Slobin

My Dog Tess, Inc. License #240247 Listed on: 06/30/2023

Last Buyer's Agent

Bethany Allred

Compass -- Raleigh License #330896

Compass -- Raleigh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 1979

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 197 x 202.6 x 197 x 206.3
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Additional Features

  • Low Flow Plumbing Fixtures
  • Crawl Space
  • Accessible Washer and Dryer

Community Details

Overview

  • 2 Units
  • Built by Orange Builders, Inc.
  • Oakwood Subdivision

Building Details

  • Gross Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,885

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Builder Name: Orange Builders, Inc.
  • Year Built: 1979
  • Prop. Type: Residential Income
  • Subdivision Name: Oakwood
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Lighting, Thermostat
  • General Property Information Lot Size Dimensions: 197 x 202.6 x 197 x 206.3
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 40273.0
  • General Property Information Lot Size Acres: 0.9245
  • General Property Information Builder Name: Orange Builders, Inc.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.92
  • Construction Type: Wood Siding
  • Accessibility Features:Accessible WasherDryer: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 197 x 202.6 x 197 x 206.3
  • Lot Size Sq Ft: 40273.0
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1885.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1350.0

MLS Schools

  • Elementary School: Chatham - Chatham Grove

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $340,000 -- --
08/31/2023 08/31/23 Sold $340,000 -2.9% $199 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $350,000 -- $205 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2519400

Doorify MLS