NOT LISTED FOR SALE

303 Smith Level Rd Unit D24 Chapel Hill, NC 27516

Estimated Value: $293,000 - $315,000

4 Beds
4 Baths
1,208 Sq Ft
$200/mo HOA Fee

Last Sold December 14, 2022

Last sale price $280,000 $232 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,111/month

3 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • 1-Story Property
  • Culbreth Middle School Rated A
  • Community Pool
  • Central Air

About This Home

As of December 2022

Calling All Investors!! FULLY RENTED UNTIL AUGUST 2023 for $2100/MO!! Newly painted spacious 4 bedroom and 4 bathroom condo with SS appliances and easy to maintain laminate flooring. Each bedroom has its own private bathroom and closet. Condo is minutes from UNC campus and on 2 bus lines. Owner pays utilities. All appliances to convey. Very strong rental history.

Last Agent to Sell the Property

Minnie Kang

ProTrust Realty, LLC License #281377 Listed on: 10/26/2022

Last Buyer's Agent

Arjun Ajmani

APE Realty License #312205

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1998

Lot Details

  • 7.4

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Vinyl Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Northside Elementary School
  • Grey Culbreth Middle School
  • Carrboro High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, trash
  • Community Focus Association
  • University Commons Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,791

Year Built

Built in 1998

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Trash
  • Subdivision Name: University Commons Condos
  • Above Grade Finished Sq Ft: 1208.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1208.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1208.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: 2nd Floor
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Community Focus
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Community Focus
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: CH/Carrboro - Carrboro
  • Middle Or Junior School: CH/Carrboro - Grey Culbreth

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2791.0

MLS Schools

  • Elementary School: CH/Carrboro - Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 6, 2022
Sold by
Bbmn Properties Llc
Bought by
Dharma Holidngs Llc
Seller's Agent
Minnie Kang
ProTrust Realty, LLC
Buyer's Agent
Arjun Ajmani
APE Realty
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
52
Current Estimated Value
$300,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,558
Avg. Annual Appreciation
2.36%
Original Mortgage
$210,000
Outstanding Balance
$203,488
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$97,070

Purchase Details

Closed on
Jun 3, 2019
Sold by
Gravitt Alan T and Gravitt Carol B
Bought by
Bbnm Properties Llc

Purchase Details

Closed on
Jan 27, 2005
Sold by
Harris Optimists Lp
Bought by
Gravitt Alan T and Gravitt Carol B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dharma Holidngs Llc $280,000 --
Bbnm Properties Llc $157,000 None Available
Gravitt Alan T $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dharma Holidngs Llc $210,000
Previous Owner Gravitt Alan T $216,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $280,000 -- --
12/14/2022 12/14/22 Sold $280,000 +1.8% $232 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $275,000 -- $228 / 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
2025 $4,088 $284,900 $0 $284,900
2024 $2,871 $158,100 $0 $158,100
2023 $2,821 $158,100 $0 $158,100
2022 $2,791 $158,100 $0 $158,100
2021 $2,771 $158,100 $0 $158,100
2020 $2,549 $138,800 $0 $138,800
2018 $2,492 $138,800 $0 $138,800
2017 $2,484 $138,800 $0 $138,800
2016 $2,484 $141,854 $43,177 $98,677
2015 $2,484 $141,854 $43,177 $98,677
2014 $2,428 $141,854 $43,177 $98,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2480907

Doorify MLS

APN: 9778719635.008