NOT LISTED FOR SALE

3120 Gait Way Chapel Hill, NC 27516

Estimated Value: $666,000 - $779,474

3 Beds
2 Baths
1,853 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $570,000 $308 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,180/month

2 Days on Market

Highlights

  • 10.01 Acre Lot
  • Secluded Lot
  • Wood Flooring
  • Cedar Ridge High Rated A-
  • Ranch Style House
  • High Ceiling

About This Home

As of February 2022

To me a lush carpet of pine needles or spongy grass is more welcome than the most luxurious Persian rug. —Helen Keller This property embodies that statement. Pine needles provide the perfect cover for the trail that goes around the whole property & brings you to your private pond. But you can still enjoy the comforts of home too. Imagine sipping a tea from your rocking chair on the front screened porch or enjoy the warmth of a crackling wood fire in the fireplace. Can you feel yourself being rejuvenated?

Last Agent to Sell the Property

Shane Kirk

Flex Realty License #278011 Listed on: 01/20/2022

Last Buyer's Agent

Chad Lloyd

Long & Foster Real Estate INC License #243094

Long & Foster Real Estate INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 2017

Lot Details

  • 10.01 Acre Lot
  • Lot Dimensions are 410 x 712 x 387.2 x 996.99
  • Secluded Lot
  • Landscaped with Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,853 Sq Ft Home
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outbuilding
  • Rain Gutters

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Accessible Washer and Dryer
  • Energy-Efficient Thermostat

Community Details

Overview

  • Covered Bridge HOA, Phone Number (919) 370-6218
  • Covered Bridge Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,320

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Road Surface Type: Unimproved
  • Subdivision Name: Covered Bridge
  • Above Grade Finished Sq Ft: 1853.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 764.0
  • General Property Information Total Unfinished Area2: 764.0
  • General Property Information Lot Size Dimensions: 410 x 712 x 387.2 x 996.99
  • 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 Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Other Structures Outbuilding: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-370-6218
  • General Property Information Senior Community YN: No
  • Fireplace Features Fireplace Screen: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1853.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 436035.6
  • General Property Information Lot Size Acres: 10.01
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Primary Downstairs, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Fireplace Screen, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 10.01
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Gravel, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Covered Bridge HOA
  • Phone: 919-370-6218
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Covered Bridge HOA
  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 500.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: 410 x 712 x 387.2 x 996.99
  • Lot Size Sq Ft: 436035.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 4320.0

MLS Schools

  • Elementary School: Orange - Grady Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2025
Sold by
Lloyd Brodie L and Utley Gwendolyn U
Bought by
Lloyd Brodie L and Utley Gwendolyn U
Current Estimated Value
$706,869

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 7, 2022
Sold by
Weddington David R
Bought by
Lloyd Brodie L and Utley Gwendolyn U
Seller's Agent
Shane Kirk
Flex Realty
Buyer's Agent
Chad Lloyd
Long & Foster Real Estate INC
List Price
$500,000
Sold Price
$570,000
Premium/Discount to List
$70,000
14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Dec 12, 2016
Sold by
Baker Susan E and Weaver Robert D
Bought by
Weddington David R

Purchase Details

Closed on
Dec 31, 2007
Sold by
Baker Susan E
Bought by
Baker Susan E and Weaver Robert D
Source: Public Records

Range of Values:

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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
Lloyd Brodie L -- None Listed On Document
Lloyd Brodie L -- None Listed On Document
Lloyd Brodie L $570,000 Bagwell Holt Smith Pa
Weddington David R $147,500 None Available
Baker Susan E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $570,000 -- --
02/24/2022 02/24/22 Sold $570,000 +14.0% $308 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $500,000 -- $270 / 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 $4,691 $480,700 $181,200 $299,500
2023 $4,562 $480,700 $181,200 $299,500
2022 $4,426 $474,000 $175,200 $298,800
2021 $4,320 $474,000 $175,200 $298,800
2020 $4,060 $418,600 $141,100 $277,500
2018 $3,908 $411,100 $141,100 $270,000
2017 $1,337 $141,100 $141,100 $0
2016 $1,337 $141,071 $141,071 $0
2015 $1,323 $141,071 $141,071 $0
2014 $1,323 $141,071 $141,071 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Kirk

    Seller's Agent in 2022

    Shane Kirk

    Flex Realty

    (919) 599-5130

    1 in this area

    54 Total Sales

    Shane Kirk
    Section Image
  • Chad Lloyd

    Buyer's Agent in 2022

    Chad Lloyd

    Long & Foster Real Estate INC

    (919) 606-8511

    2 in this area

    121 Total Sales

    Chad Lloyd
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2427857

Doorify MLS

APN: 9749671240

North Carolina Orange County Chapel Hill 27516

3120 Gait Way, Chapel Hill, NC

This home is located at 3120 Gait Way, Chapel Hill, NC 27516 since 20 January 2022 and is currently estimated at $706,869, approximately $381 per square foot. This property was built in 2017. 3120 Gait Way is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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