NOT LISTED FOR SALE

302 Faison Rd Chapel Hill, NC 27517

Meadowmont Neighborhood

Estimated Value: $1,451,437 - $1,638,000

5 Beds
5 Baths
4,195 Sq Ft
$372/Sq Ft Est. Value

About This Home

This home is located at 302 Faison Rd, Chapel Hill, NC 27517 and is currently estimated at $1,561,859, approximately $372 per square foot. 302 Faison Rd is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2018
Sold by
Purcell Michael B and Purcell Virginia G
Bought by
Desai Sreedhari and Shcherbakov Roman
Current Estimated Value
$1,618,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Outstanding Balance
$683,716
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$878,143

Purchase Details

Closed on
Nov 8, 2006
Sold by
Mendys Philip M and Mendys Karen S
Bought by
Purcell Michael B and Purcell Virginia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Carolinian Homes Inc
Bought by
Mendys Philip M and Mendys Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2002
Sold by
Meadowmont Development Company
Bought by
Builder Resource & Development Co Lp and Builder Resource & Development Ltd Partn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Desai Sreedhari $970,000 None Available
Purcell Michael B $900,000 None Available
Mendys Philip M $625,000 --
Carolinian Homes Inc -- --
Builder Resource & Development Co Lp $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Sreedhari $776,000
Previous Owner Purcell Michael B $675,000
Previous Owner Carolinian Homes Inc $200,000
Previous Owner Builder Resource & Development Co Lp $6,500,000
Closed Carolinian Homes Inc $25,000
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 $17,704 $1,353,200 $600,000 $753,200
2024 $16,328 $971,000 $345,000 $626,000
2023 $15,869 $971,000 $345,000 $626,000
2022 $15,198 $971,000 $345,000 $626,000
2021 $14,999 $971,000 $345,000 $626,000
2020 $15,184 $923,500 $345,000 $578,500
2018 $15,574 $969,100 $345,000 $624,100
2017 $14,719 $969,100 $345,000 $624,100
2016 $14,719 $900,830 $239,563 $661,267
2015 $14,719 $900,830 $239,563 $661,267
2014 $14,673 $900,830 $239,563 $661,267
Source: Public Records

Map

North Carolina Orange County Chapel Hill 27517 Meadowmont

302 Faison Rd, Chapel Hill, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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