$166,000
SOLD DEC 14, 2023

297 Colonial Ridge Dr Hadley, NC 27312

1.1 Acres
$150,909 Price per Acre
47,916 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

2% Below List Price

91 Days on Market

About This Lot

As of December 2024

Great spot for individuals moving to the area to retire, start a family or a job relocation. Very close to the Wolfspeed, VinFast and Pfizer Pharmaceutical Manufacturing Facilities and UNC/Duke Medical Facilities. Here is your chance to own one of the last available lots in the tranquil Estates of Chapel Ridge. This wooded 1.1 acres in a gated community still offers country privacy in a neighborhood setting. Come walk it today to appreciate this picturesque setting for your dream home. You can even bring your own builder with no time restrictions to build. Chapel Ridge Estates features amenities galore for a very active, social lifestyle....18 hole Fred Couples se,i-private golf course with Pro-shop, club house with events, bar & restaurant, playground, fitness center, Junior Olympic size pool, lit courts for basketball, tennis, sand volleyball and the widely popular pickle ball, lots of social groups and clubs. Easy commute to downtown Pittsboro, new eating & shopping areas, Jordan Lake, UNC Medical Facilities and a short, quick drive to Chapel Hill, Apex, Sanford, Siler City and RTP.

Last Agent to Sell the Property

Shannon Plummer

Chatham Homes Realty License #207740 Listed on: 07/05/2023

Last Buyer's Agent

Carrie Schlegel

Real Broker, LLC License #279013

Real Broker, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $682

Lot Details

  • 1.1 Acre Lot
  • Property fronts a private road
  • Brush Vegetation
  • Sloped Lot
  • Heavily Wooded Lot

Schools

  • Pittsboro Elementary School
  • Horton Middle School
  • Northwood High School

Utilities

  • Shared Well
  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Chapel Ridge Estates Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$682

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Subdivision Name: Chapel Ridge Estates
  • Utilities Cable Available: Yes
  • Sewer Community Sewer: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Heavily Wooded: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 1.1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.1
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Horton

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Pittsboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Nov 23, 2024
Sold by
Gunn Cindy and Gunn Jack Linda
Bought by
Easterling Fine Homes 2 Llc
Seller's Agent
Carrie Schlegel
Real Broker, LLC
Buyer's Agent
Lisa Skumpija
Absolute Realty Company, LLC
List Price
$182,000
Sold Price
$182,087
Premium/Discount to List
$87
0.05%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Jul 5, 2023
Closed on
Dec 8, 2023
Sold by
Brown Jason L and Brown Wendy L
Bought by
Gunn Cindy and Gunn Jack Linda
Seller's Agent
Shannon Plummer
Chatham Homes Realty
Buyer's Agent
Carrie Schlegel
Real Broker, LLC
List Price
$169,900
Sold Price
$166,000
Premium/Discount to List
-$3,900
-2.3%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$107,900
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2014
Sold by
Fisher William F and Fisher Geri M
Bought by
Brown Jason L and Brown Wendy 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 Type Sale Price Title Company
Warranty Deed $182,500 None Listed On Document
Warranty Deed $166,000 None Listed On Document
Warranty Deed $32,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,056,760 Credit Line Revolving
Previous Owner $107,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 For Sale $1,650,000 +806.2% $403 / Sq Ft
12/19/2024 12/19/24 Sold $182,087 0.0% $38 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/19/2024 12/19/24 For Sale $182,000 +9.6% $38 / Sq Ft
12/14/2023 12/14/23 Sold $166,000 -2.3% $34 / Sq Ft
12/14/2023 12/14/23 Off Market $169,900 -- --
10/04/2023 10/04/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $169,900 -- $35 / 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 $682 $78,625 $78,625 $0
2023 $651 $78,625 $78,625 $0
2022 $622 $78,625 $78,625 $0
2021 $622 $78,625 $78,625 $0
2020 $585 $73,800 $73,800 $0
2019 $585 $73,800 $73,800 $0
2018 $554 $73,800 $73,800 $0
2017 $554 $73,800 $73,800 $0
2016 $930 $123,000 $123,000 $0
2015 $916 $123,000 $123,000 $0
2014 -- $123,000 $123,000 $0
2013 -- $123,000 $123,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2519813

Doorify MLS

APN: 84792