NOT LISTED FOR SALE

307 Academia Ct Durham, NC 27713

Estimated Value: $545,000 - $592,000

3 Beds
2.5 Baths
2,165 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $512,000 $236 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,532/month

5 Days on Market

Highlights

  • Clubhouse
  • Transitional Architecture
  • Bonus Room
  • Deck
  • Wood Flooring
  • Community Pool

About This Home

As of October 2022

Light and bright Chancellors Ridge 3 BR 2.5 Bath house located on a quiet cul de sac. Open floor plan on main level with beautiful hardwoods. Spacious kitchen features a breakfast area. The separate dining room can be first floor flex space (currently a play area). Bonus room on second floor for work at home, fitness or home theater. Fully fenced-in backyard with space for entertaining, outdoor grilling and play. Chancellors Ridge is a fantastic SW Durham location with a community pool and is located close to UNC, Duke, downtown Durham, and I-40.

Last Agent to Sell the Property

Jane Phillips

Peak, Swirles & Cavallito License #73227 Listed on: 09/08/2022

Last Buyer's Agent

Keith O'Hare

Keller Williams Legacy License #302302

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 63x166x64x154

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • 2,165 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Porch

Schools

  • Lyons Farm Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include storm water maintenance
  • Chancellors Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

Built in 2003

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Chancellors Ridge
  • Above Grade Finished Sq Ft: 2165.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 443.0
  • General Property Information Total Unfinished Area2: 443.0
  • General Property Information Lot Size Dimensions: 63x166x64x154
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 2165.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11674.08
  • General Property Information Lot Size Acres: 0.268
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Entrance Foyer, Separate Shower, Soaking Tub
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.27
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

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

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 240.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Dimensions: 63x166x64x154
  • Lot Size Sq Ft: 11674.08
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4115.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Lyons Farm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Oct 6, 2022
Sold by
Pick Kate C and Pick Kate L
Bought by
Hairgrove Preston and Hairgrove Angela
Seller's Agent
Jane Phillips
Peak, Swirles & Cavallito
Buyer's Agent
Keith O'Hare
Keller Williams Legacy
List Price
$465,000
Sold Price
$512,000
Premium/Discount to List
$47,000
10.11%
Current Estimated Value
$576,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,094
Avg. Annual Appreciation
3.94%
Original Mortgage
$409,600
Outstanding Balance
$392,769
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$183,325

Purchase Details

Closed on
May 26, 2016
Sold by
Chen Yasheng
Bought by
Pice Martin T and Christensen Kate L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.61%

Purchase Details

Closed on
Oct 17, 2003
Sold by
Don Galloway Homes Llc
Bought by
Chen Yasheng and An Hongyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,372
Interest Rate
4.62%
Source: Public Records

Range of Values:

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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
Hairgrove Preston $512,000 --
Pice Martin T $295,000 --
Chen Yasheng $220,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hairgrove Preston $409,600
Previous Owner Pice Martin T $236,000
Previous Owner Chen Yasheng $176,372
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $512,000 -- --
10/11/2022 10/11/22 Sold $512,000 +10.1% $236 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $465,000 -- $215 / 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 $5,711 $576,154 $180,975 $395,179
2024 $4,485 $321,516 $79,250 $242,266
2023 $4,212 $321,516 $79,250 $242,266
2022 $4,115 $321,516 $79,250 $242,266
2021 $4,096 $321,516 $79,250 $242,266
2020 $3,999 $321,516 $79,250 $242,266
2019 $3,999 $321,516 $79,250 $242,266
2018 $3,648 $268,935 $53,890 $215,045
2017 $3,621 $268,935 $53,890 $215,045
2016 $3,499 $268,935 $53,890 $215,045
2015 $3,767 $272,107 $61,262 $210,845
2014 $3,767 $272,107 $61,262 $210,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2472759

Doorify MLS

APN: 195489