NOT LISTED FOR SALE

304 Sylvan Way Chapel Hill, NC 27516

Estimated Value: $844,000 - $904,000

5 Beds
3.5 Baths
4,000 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $800,000 $200 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,294/month

2 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • High Ceiling
  • Morris Grove Elementary School Rated A
  • Marble Flooring
  • Granite Countertops

About This Home

As of June 2023

LOCATION! LOCATION! LOCATION! This beautiful house is within walking distances to Chapel Schools, AND in a low property tax area. Next to a small lake with a natural trail surround the lake, and next to a vacant land with trees on the right. The left side is a side-entry garage. It has a walk-out BASEMENT with door and windows. There are 5 bedrooms, an office/sun room, a living room, a dining room, a family room, 4 bathrooms (3 full and 1 half), and a basement that is great for exercises and various activities. All solid hardwood floors on the first floor. New architectural roof installed in 2017. New water heater in 2022. Don't miss this rare opportunity!

Last Agent to Sell the Property

Susan Ayers

HomeZu License #216309 Listed on: 05/12/2023

Last Buyer's Agent

Peter Xiao

The Best Homes Inc. License #288900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,043

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 100x80

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Utility Room
  • Laundry on upper level

Kitchen

  • Electric Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Schools

  • Morris Grove Elementary School
  • Smith Middle School
  • Chapel Hill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Association fees include unknown
  • Glenbrooke Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,043

Year Built

Built in 2001

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Glenbrooke
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 80.0
  • General Property Information Total Unfinished Area2: 80.0
  • General Property Information Lot Size Dimensions: 100x80
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Architectural Style Contemporary: Yes
  • Basement Heated3: Yes
  • Flooring Marble: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 3000.0
  • General Property Information Below Grade Finished Area: 1000.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Entrance Foyer, Granite Counters, High Ceilings
  • Basement: Daylight, Exterior Entry, Full, Heated, Interior Entry, Partially Finished
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Family Room, Gas, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Gas4: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.19
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 220.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: CH/Carrboro - Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Smith

Lot Info

  • Lot Dimensions: 100x80
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5043.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: CH/Carrboro - Morris Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
May 30, 2023
Sold by
Wang Zhiheng and Wang Yurong
Bought by
Lou Yifei
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Peter Xiao
The Best Homes Inc.
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Views
4
Current Estimated Value
$866,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,166
Avg. Annual Appreciation
2.67%
Original Mortgage
$640,000
Outstanding Balance
$626,218
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$221,153

Purchase Details

Closed on
Jan 30, 2002
Sold by
St Lawrence Homes Inc
Bought by
Wang Zhiheng and Liu Yurong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Lou Yifei $800,000 None Listed On Document
Wang Zhiheng $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lou Yifei $640,000
Previous Owner Wang Zhiheng $385,000
Previous Owner Wang Zhiheng $412,000
Previous Owner Zhiheng $330,000
Previous Owner Wang $368,000
Previous Owner Wang Zhiheng $124,300
Previous Owner Zhiheng $63,969
Previous Owner Zhiheng $280,000
Previous Owner Wang $233,000
Previous Owner Wang Zhiheng $236,250
Previous Owner Wang Zhiheng $225,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $800,000 -- --
06/02/2023 06/02/23 Sold $800,000 +0.6% $200 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $795,000 -- $199 / 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 $5,905 $480,900 $100,000 $380,900
2023 $5,170 $433,800 $100,000 $333,800
2022 $5,043 $433,800 $100,000 $333,800
2021 $4,926 $433,800 $100,000 $333,800
2020 $4,985 $411,700 $100,000 $311,700
2018 $4,873 $411,700 $100,000 $311,700
2017 $4,957 $411,700 $100,000 $311,700
2016 $4,957 $407,259 $73,467 $333,792
2015 $4,937 $407,259 $73,467 $333,792
2014 $4,917 $407,259 $73,467 $333,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2510230

Doorify MLS

APN: 9870612894