NOT LISTED FOR SALE

311 Avalon Ct Chapel Hill, NC 27514

Estimated Value: $1,016,812 - $1,131,000

7 Beds
3.5 Baths
3,613 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $940,000 $260 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,724/month

39 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Vaulted Ceiling
  • Estes Hills Elementary School Rated A
  • Family Room with Fireplace
  • Transitional Architecture

About This Home

As of July 2023

LOCATION! .7 mi to Estes Elem Sch & a few blocks down the hill to Eastwood Lake. DEEDED LAKE PRIVILEGES mean you can swim, boat, picnic at the lake! Once you set foot on the property you will see why the sellers so cherished raising their large group here - lots of space for playing, gardening etc. Once inside, the heart of this home is the massive Kitchen/eating area with custom vaulted ceiling with lge roof windows, custom cabinets and drawers - they used to seat 18 people effortlessly at a long table here! Opens to screened porch and deck - custom French pocket doors to LR which overlooks elegant brick patio. So much outdoor living! Lovely upgr Primary suite on main level, all hdwds first two floors. Gorgeous Fr. doors in hall! Upstairs is a kids haven with four lg BRs, full bath, Cedar closet, and a laundry chute! Lower walkout level w/Fam rm w/huge brick FP, opens to patio and yard, BRs 6 & 7 or two offices, giant util rm, terrific workshop w/mechanicals area, other storage, access to garage. Flrd attic w/storage So much to know about this one - pls see ALL uploaded documents!

Last Agent to Sell the Property

Kathy Underhill

Fathom Realty NC, LLC License #143552 Listed on: 04/05/2023

Fathom Realty NC, LLC

Last Buyer's Agent

Mary Hunter

Urban Durham Realty License #267381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,374

Year Built

  • Built in 1962

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Landscaped with Trees

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • Private Driveway
  • On-Street Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Screened Porch
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Finished Basement

  • Interior Basement Entry
  • Workshop
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Patio

Schools

  • Estes Hills Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Forest Association
  • Lake Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,374

Year Built

Built in 1962

Lot Details

0

HOA Fees

$38 per month

Parking

1

Listing Details

  • Year Built: 1962
  • Prop. Type: Residential
  • Subdivision Name: Lake Forest
  • Above Grade Finished Sq Ft: 2547.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): 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
  • Lot Features Hardwood Trees: 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: M
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: LOCATION! .7 mi Estes Elem Sch/few blocks to Eastwood Lake. DEEDED LAKE PRIVILEGES! Swim, picnic, boat! Lge lot- heart of the home massive Kitchen/eating area w/custom vaulted ceiling -lge roof windows, custom cabs- used to seat 18 easily! Outdoor living - scr porch, deck +brick patio. Updtd Primary suite main level, 4 spacious BRS up + 2 more or 2 offices lower lvl. Family Rm-huge FP LL opens to patio/yard. GIANT laundry rm, Workshop + gar. Special home-many documents w/more details! OPEN SAT 10-1pm!
  • Security Features Security System: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Room Types Workshop2: Yes
  • Levels MultiSplit: Yes
  • Basement Workshop3: Yes
  • Laundry Features In Basement: Yes
  • Waterfront Access Deeded Access: Yes
  • General Property Information Above Grade Finished Area: 2547.0
  • General Property Information Below Grade Finished Area: 1066.0
  • General Property Information Carport YN: No
  • Flooring Brick2: Yes
  • General Property Information Lot Size Square Feet2: 34848.0
  • General Property Information Lot Size Acres: 0.8
  • General Property Information:Living Area3: 3613.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Brick, Carpet, Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Speed Internet, Primary Downstairs, Shower Only, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Daylight, Finished, Interior Entry, Workshop
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1066.0
  • Fireplace Features: Family Room, Fireplace Screen, Living Room, Masonry, Wood Burning
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Daylight: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 0.8
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Storm Window(s): Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front, Garage Faces Side, On Street
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • 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

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Forest Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lake Forest Association
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 450.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9374.0

MLS Schools

  • Elementary School: CH/Carrboro - Estes Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 19, 2023
Sold by
Costa/Boundy Joint Revocable Trust
Bought by
Sutton Carie Ashley and Sutton Gary Travis
Seller's Agent
Kathy Underhill
Fathom Realty NC, LLC
Buyer's Agent
Mary Hunter
Urban Durham Realty
List Price
$1,125,000
Sold Price
$940,000
Premium/Discount to List
-$185,000
-16.44%
Views
119
Current Estimated Value
$1,071,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,453
Avg. Annual Appreciation
5.44%
Original Mortgage
$840,000
Outstanding Balance
$812,208
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$259,245

Purchase Details

Closed on
Nov 11, 2020
Sold by
Costa Daniel Louis and Boundy Maryanne Gerard
Bought by
Costa Daniel L and Boundy Maryanne G

Purchase Details

Closed on
Jul 15, 1985
Bought by
Costa and Boundy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sutton Carie Ashley $940,000 None Listed On Document
Costa Daniel L -- None Available
Costa $98,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Carie Ashley $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $940,000 -- --
07/18/2023 07/18/23 Sold $940,000 -1.1% $260 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $950,000 -4.5% $263 / Sq Ft
04/21/2023 04/21/23 Price Changed $995,000 -11.6% $275 / Sq Ft
04/05/2023 04/05/23 For Sale $1,125,000 -- $311 / 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 $13,067 $992,700 $435,000 $557,700
2024 $10,364 $610,200 $170,000 $440,200
2023 $10,077 $610,200 $170,000 $440,200
2022 $9,656 $610,200 $170,000 $440,200
2021 $9,531 $610,200 $170,000 $440,200
2020 $9,236 $554,900 $150,000 $404,900
2018 $9,029 $554,900 $150,000 $404,900
2017 $8,864 $554,900 $150,000 $404,900
2016 $8,864 $537,300 $134,800 $402,500
2015 $8,864 $537,300 $134,800 $402,500
2014 $8,819 $537,300 $134,800 $402,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2503452

Doorify MLS

APN: 9799074504