NOT LISTED FOR SALE

311 Alumni Ave Durham, NC 27713

Estimated Value: $686,384 - $821,000

4 Beds
2.5 Baths
2,544 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $692,000 $272 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,422/month

7 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Clubhouse
  • Wood Flooring
  • Loft

About This Home

As of July 2024

Amidst a symphony of cicadas in the center of a cul-de-sac sits a crown jewel - the ONE you've been waiting for! 1st floor with primary suite, office, new HVAC, and screen porch on 0.32-acre private lot. Abundant natural light and two-story ceilings, beautiful site finished hardwoods and luxury carpet that feels like you're walking barefoot on clouds. Flowing floor plan with dining room and eat-in kitchen. Large secondary bedrooms and closets. Community pool, clubhouse, and playground. The street planner in Chancellors Ridge had a serious case of school spirit, but the camaraderie of this cul-de-sac is priceless.

Last Agent to Sell the Property

Holly Hayes

Nest Realty of the Triangle License #239750 Listed on: 05/09/2024

Nest Realty of the Triangle

Last Buyer's Agent

Holly Hayes

Fonville Morisey Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,538

Year Built

  • Built in 1999

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 40x123x183x160
  • Cul-De-Sac
  • South Facing Home
  • Back Yard

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Veneer
  • Raised Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0717-37-8951

Community Details

Overview

  • Association fees include storm water maintenance
  • Chancellor's Ridge Homeowners Association, Inc Association, Phone Number (919) 848-4911
  • Chancellors Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,538

Year Built

Built in 1999

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Horses: No
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Chancellors Ridge
  • Above Grade Finished Sq Ft: 2544.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Effective Year Built: 1999
  • General Property Information Lot Size Dimensions: 40x123x183x160
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: 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 Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: First
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Association Phone: (919) 848-4911
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 43.0
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2544.0
  • General Property Information Carport YN: No
  • Room Types Laundry2: Yes
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 13939.0
  • Foundation Details Raised: Yes
  • General Property Information Lot Size Acres: 0.32
  • General Property Information Stories2: 2
  • General Property Information Waterfront YN: No
  • General Property Information Direction Faces: South
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 1999

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Primary Downstairs, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s), Water Closet
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Starter
  • Fireplaces: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Starter: Yes
  • Appliances:Electric Oven: Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.32
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick Veneer, Fiber Cement
  • Direction Faces: South
  • Foundation Details: Raised
  • Patio And Porch Features: Front Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Pool, Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 262.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Chancellor's Ridge Homeowners Association, Inc
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Chancellor's Ridge Homeowners Association, Inc
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • Horse Amenities:None11: Yes
  • Association Amenities:Playground: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 262.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Horse Amenities: None
  • Lot Dimensions: 40x123x183x160
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0717-37-8951

Tax Info

  • Tax Annual Amount: 4538.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Lyons Farm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 25, 2024
Sold by
Andrew Gardner Robert and Reynolds Emily
Bought by
Garner Robert M and Garner Sandra S
Seller's Agent
Holly Hayes
Nest Realty of the Triangle
Buyer's Agent
Holly Hayes
Nest Realty of the Triangle
List Price
$675,000
Sold Price
$692,000
Premium/Discount to List
$17,000
2.52%
Views
125
Current Estimated Value
$727,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,096
Avg. Annual Appreciation
3.82%
Original Mortgage
$100,000
Outstanding Balance
$98,812
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$628,284

Purchase Details

Closed on
Oct 31, 2019
Sold by
Morgan Rickey L and Morgan Karen C
Bought by
Gardner Robert Andrew and Gardner Emily Y Reynolds

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2004
Sold by
Pickel Theodore Max and Pickel Beverly K
Bought by
Morgan Rickey L and Morgan Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1999
Sold by
Solaris Development Corp
Bought by
Pickel Theodore Max and Pickel Beverly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.79%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Garner Robert M $692,000 None Listed On Document
Gardner Robert Andrew $370,000 None Available
Morgan Rickey L $301,500 Bb&T
Pickel Theodore Max -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garner Robert M $100,000
Previous Owner Gardner Robert Andrew $370,000
Previous Owner Morgan Rickey L $100,000
Previous Owner Pickel Theodore Max $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $692,000 +2.5% $272 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/13/2024 05/13/24 Off Market $675,000 -- --
05/12/2024 05/12/24 For Sale $675,000 0.0% $265 / Sq Ft
05/09/2024 05/09/24 For Sale $675,000 -- $265 / 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 $6,877 $693,697 $188,100 $505,597
2024 $5,237 $375,428 $82,375 $293,053
2023 $4,918 $375,428 $82,375 $293,053
2022 $4,805 $375,428 $82,375 $293,053
2021 $4,783 $375,428 $82,375 $293,053
2020 $4,670 $375,428 $82,375 $293,053
2019 $4,670 $375,428 $82,375 $293,053
2018 $4,265 $314,409 $56,015 $258,394
2017 $4,234 $314,409 $56,015 $258,394
2016 $4,091 $314,409 $56,015 $258,394
2015 $4,166 $300,959 $64,102 $236,857
2014 -- $300,959 $64,102 $236,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10028416

Doorify MLS

APN: 150512